Trump 47 Economy
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Anonymous
Consumer confidence will continue to go down no matter what the stock market is doing because life is not affordable for most people. |
Anonymous
See you at the ballot box bro! |
Anonymous
It's Newsmax. Show a reliable source, such as Bloomberg or CNBC. Heck, even Fox Business is more reliable than Newsmax. On fox business, their viewers are asking for cash and pay my rent as gift requests. |
Anonymous
The stock market is up an explosive 75 points so far. Surely they believe it... |
Anonymous
Those are the official numbers. NYT, WSJ, CNBC, etc. https://www.wsj.com/economy/us-gdp-q3-2025-2026-6cbd079e But, they don't disclose the caveats. For example, from the WSJ article linked here - "DP reflects the total of all domestic spending plus exports. But since some domestic spending is on imported products, rather than things made in the U.S., imports are subtracted from total spending to arrive at GDP estimates. When imports go down, as they did in the third quarter, that results in an addition to GDP. Inflation picked up as the economy grew strongly last quarter. Tuesday’s report showed prices excluding volatile food and energy categories rose an annualized 2.9% in the third quarter, picking up from 2.6% in the second quarter and still well above the Fed’s 2% target. The numbers mark the first official government estimate of third-quarter economic growth, even though they are coming as the fourth quarter draws to a close. Like other federal data agencies, the Commerce Department has been in catch-up mode after the recent federal government closure delayed the GDP announcement nearly two months. Other releases have raised questions about the economy’s underlying strength in recent months. The jobs market has weakened, with unemployment rising in November to 4.6%, the highest level in more than four years. Retail sales have decelerated even as upper-income households keep spending, and some retailers like Home Depot have reported downbeat earnings and projections. Inflation is hovering above the Federal Reserve’s 2% target, though the latest report, for November, showed consumer prices rose a smaller-than-expected 2.7% from a year earlier. Economists cautioned, however, that this number was distorted by data-collection challenges during the shutdown. Businesses have been uncertain about how much in tariff costs to pass along to consumers, making it difficult to gauge the full impact of Trump’s tariff policies on prices." |
Anonymous
likewise. My saving rate dropped too, would love to see those numbers. I had to cut my retirement savings |
Anonymous
ok, astroturfer 
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Anonymous
75 points is not even a rounding error in market movement. Futures had been down on the news because it implied not making more rate cuts at the Fed. |
Anonymous
| I see Lutnik corrupted BEA and had them put out garbage numbers. |
Anonymous
I think that PP was being sarcastic. |
Anonymous
Tell that to the 1 million Americans who had a job a year ago and are now unemployed. |
Anonymous
That's basically what Trump has been doing. A guy who has never been grocery shopping in his life telling everyone the country is actually really affordable and saying it's not is a Democrat hoax. |
Anonymous
That that’s with how many billions pumped in? |
Anonymous
AI would and will result in massive, unprecedented job loss. That would have been equally as bad under Harris. Not trumps fault. Sorry; just being honest. |
Anonymous
Harris would not have fired hundreds of thousands of federal workers Harris would not have caused massive layoffs at colleges and universities. Harris would not have pushed the demise of the travel and tourism industry. Harris would not have put research centers out of business. Harris would not have caused the end of exports from the US Ag industry. Harris would have encouraged state and federal legsilation around AI, something the GOP has opposed. So, no, not the same. |