Mainstream Economics Thread

[sonofdaxjones]

FTR: Unlike #blueanongE and the current deflecton theater they repeatedly deploy to protect the POTUS Jill Biden - my discussion of bad things for our nations economic stability will not end when Trump is officially in office.

Until then, the crap show being left by the current regime will be documented. 

Que Lesley Stahl trying to get Dimon to criticize Trump

[sonofdaxjones]

Mortgage demand: At 40 year lows


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[steve dave]

this economy could not be hotter, I doubt even Trump could eff this up

https://x.com/JoeKiani/status/1879546365547852167

When the story of Joe Biden’s four-year job market is all said and done, and written into the history books, it will be told with many superlatives. So much so, that skeptics will doubt (and possibly attempt to revise) the story. That’s because it’s almost too good to be true, certainly one we’ve never seen before. Frankly, Joe Biden built and sustained the strongest, healthiest, most resilient job market in American history.

also


also

[steve dave]

This will be a fun one to follow

[IPA4Me]

this economy could not be hotter, I doubt even Trump could eff this up

https://x.com/JoeKiani/status/1879546365547852167

When the story of Joe Biden’s four-year job market is all said and done, and written into the history books, it will be told with many superlatives. So much so, that skeptics will doubt (and possibly attempt to revise) the story. That’s because it’s almost too good to be true, certainly one we’ve never seen before. Frankly, Joe Biden built and sustained the strongest, healthiest, most resilient job market in American history.

He'll find a way.

[Tobias]

 

[wetwillie]

People having more equity in their homes due to sharp rises in real estate values is an indicator of a strong jobs market?

[steve dave]

People having more equity in their homes due to sharp rises in real estate values is an indicator of a strong jobs market?

other than they both rule? no

[sonofdaxjones]

Floating greater individual assets on the back of a substantially inflated housing market coupled with a housing supply market that's at or near it's lowest ebb since the great recession (driven by mortages) is something I suppose

I mean 

Current US housing deficit . . . 4 plus million

Finding randos to boost Pedo Pete in the face of BLS massive revisions and the Philly Fed excoriating the cooked job numbers is also . . . something

Bragging about GDP Growth in the face of all time record Government spending/deficit spending is also just 

Relative to jobs - Federal employment is at all time records and the vast majority of job "growth" is driven by government hiring/highly government subsidized hiring

[sonofdaxjones]

Total Federal Outlays last 4 FFY- $26 Trillion Dollars

No other 4 year period in US history comes even remotely close

[LickNeckey]

dax the damn millennials won't stop eating avocado toast

once Trump tariffs that crap housing market will straighten out

[sonofdaxjones]

Lick - An all day, every day tapout experience

[wetwillie]

People having more equity in their homes due to sharp rises in real estate values is an indicator of a strong jobs market?

other than they both rule? no

So why post a tweet that expressly correlates the two?

[steve dave]

People having more equity in their homes due to sharp rises in real estate values is an indicator of a strong jobs market?

other than they both rule? no

So why post a tweet that expressly correlates the two?

I posted three separate tweets/chart/links. I’m not 100% certain you have a strong understanding of what “expressly” means.


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[wetwillie]

People having more equity in their homes due to sharp rises in real estate values is an indicator of a strong jobs market?

other than they both rule? no

So why post a tweet that expressly correlates the two?

I posted three separate tweets/chart/links. I’m not 100% certain you have a strong understanding of what “expressly” means.


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That mothefucker IPA4ME cut out most of your post when replying to you, I was a victim of fake news.

[steve dave]

It’s ok, lots of posters here are


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[IPA4Me]

I blame Tapatalk and the forum running on bailing wire and duct tape.

[sonofdaxjones]

It’s okay IPA - Steve only regurgitates what he’s told to say


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[sonofdaxjones]

Another crap sandwich left behind by the sock puppet president




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[Pete]

Another crap sandwich left behind by the sock puppet president




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DAX, the trajectory of that chart is not gonna rough ridin' change over the next four years.

[wetwillie]

Also the house has been controlled by republicans for the last two years...

[Pete]

I, for one, would like to see DAX invest a little bit more energy in talking about what he wants to happen going forward and a little less energy (a lot less) worrying about crap that’s in the past.

We’re sitting here with the Republican president, house, and Senate and DAX is rough ridin' posting about what has happened in the past.

Either the problems are about to get solved or DAX has been way rough ridin' off on what the cause of the problem really is.

[BIG APPLE CAT]

I, for one, would like to see DAX invest a little bit more energy in talking about what he wants to happen going forward and a little less energy (a lot less) worrying about crap that’s in the past.

We’re sitting here with the Republican president, house, and Senate and DAX is rough ridin' posting about what has happened in the past.

Either the problems are about to get solved or DAX has been way rough ridin' off on what the cause of the problem really is.

OOORRR, third option: Dax is a miserable reactionary turd who will never know any kind of joy

[Pete]

I am trying to help him!

[LickNeckey]

Another crap sandwich left behind by the sock puppet president




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DAX, the trajectory of that chart is not gonna rough ridin' change over the next four years.

President controls the purse strings

Everyone knows this