Trump 47 Economy
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Anonymous
lol. Unemployment is higher than October 2024, wages are flat when taken in combination with inflation, consumer confidence is lower than October 2024, average rent is up nearly 3%, the average 30-year mortgage rate is 6.11% vs 6.12% on October 2, 2024. Gas is down a whopping 20 cents. But the stock market sure is high! |
Anonymous
Thankfully we also have the ADP reports which also show jobs are dying and he can say it is lies, but an independent report shows the same thing |
Anonymous
Who told you the trade deficit is down? |
Anonymous
Hahaha someone only pays attention to Trump's lies and not actual updates of actual data Who wants to update them.... 
but honestly, I do think these "everything is great!" posts that regurgitate admin talking points are just paid astroturfers. Maybe the same staffers posting racist videos in the middle of the night? Whenever I call out suspected astroturfing, they seem to lay low for awhile. |
Anonymous
Anyone remember the person who used to post the most random inane tweets in the Biden economy thread, down to posts about a restaurant chain nobody ate at anymore closing as indicative of the Biden economy? Suddenly disappeared the second Trump was elected. No posts like that on this thread. Was definitely paid marketing by the Trump administration. |
Anonymous
And whatever happened to the grocery receipt poster? |
Anonymous
You fail to report the complete story, which is that the Index of Consumer Expectations is dropping and is continuing to drop. The increase you reference is only from people with stocks. " Sentiment surged for consumers with the largest stock portfolios, while it stagnated and remained at dismal levels for consumers without stock holdings." https://breakingthenews.net/Article/US-consumer-confidence-improves-in-February/65624095 |
Anonymous
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HASSETT: SHOULD EXPECT SLIGHTLY LOWER JOBS NUMBERS. LOWER JOBS NUMBERS SHOULDN'T TRIGGER PANIC
Hey Hassett, no one is going to panic, but lowering expectations on an already failing economy is not really a good flex. |
Anonymous
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The decoupling of American tech by EU countries is going to be a far bigger deal than any press outlet is reporting on.
It quite literally could decrease GDP by 50% over the next 5 years if EU countries find alternatives and support them. It will take decades, if ever, to recover from MAGA. |
Anonymous
MAGA wanted to “burn it all down” and they are. They are getting the “American Carnage” that they so desperately wanted. |
Anonymous
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An across-the-board miss for US retail sales as headline monthly growth stalls in December, falling short of the 0.4% forecast, and the “Control Group” contracting by -0.1% (versus the expected 0.4% gain).
This December cooling of retail sales underscores the importance of AI-related industrial and service sectors as drivers of growth. |
Anonymous
| CAPITAL ECON: "There were no real positives in the December retail sales report. .. The weakness was broad based, with furniture stores (-0.9%), .. clothing stores (-0.7). Overall, .. consumer strength may be starting to falter, in line with gloomy sentiment indicators and a falling saving rate." |
Anonymous
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Tomorrow's jobs report must be awful...
Peter Navarro: "The jobs report comes out tomorrow. We have to revise our expectations down significantly for what a monthly job number should look like ... Wall Street has to adjust for the fact that we're deporting millions of illegals out of the job market." |