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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]U Mich consumer confidence survey came out - lowest numbers in the history of the entire survey.  Consumers are hanging on by a thread.

This economy is about to fall off a cliff. [/quote]

And yet, unemployment is at historic lows, people have to much money to spend, and employees are demanding higher wages. But yes, the economy is about to fall off a cliff.[/quote]

Maybe you missed the news about all the companies starting to lay people off.

Unemployment also lags.  First consumer sentiment and spending tank.  Then companies start losing money or have their margins hit.  Then layoffs come.

We are in the first part of that chain reaction.  [/quote]

+1. When trouble brews, first companies stop hiring. Plenty of that going on right now. As things progress, they will cut hours. Only when things continue to decline is when they do layoffs. [/quote]

You guys keep praying for a recession but job growth continues. Consumers are spending. Anecdotes about layoffs at a few companies are insignificant. There is always a lot of churn in the labor market. Even when the economy is in full growth, when we “add” 1 million jobs it is the net of about 7 million new jobs at employers that are hiring offsetting 6 million jobs lost at employers that are contracting or closing. [/quote]

So this is the new democrat platform - 8+% inflation is 'good' because it means people are spending and the economy is strong.  Meanwhile, everyone's entire life savings are being destroyed.  Good luck trying to run on a platform that $5 gas and grocery bills skyrocketing out of control means 'the economy is good'. Please don't act surprised in Nov. when it is a bloodbath for the Dems.[/quote]

Yep.  It is gaslighting taken to entirely new level.  But this isn’t the same as other gaslighting efforts.  Here, I actually know how much money I make and how much that hasn’t changed and I know how much I typically spend at the gas pump and the grocery store.  The gas pump has fluctuated on and off but now it is just way up. For me, the biggest, most unexpected hit is my weekly grocery bill at Giant.  Not Whole Foods.  Giant. It is much much higher.  You cannot gas light me that things are good.  Other expenses i have have also gone up.  But my federal government paycheck has NOT gone up in a meaningful way for nearly 15 years. [/quote]

Sounds like you didn’t make much of yourself and settled.

Now you want me to feel sorry for you? Dream on. [/quote]

'Dear middle class, maybe if you weren't such losers you could afford these prices!'.

Wow, Dems sounding more and more like bootstrap GOP these days.  Keep running on platform of high inflation is good Dems.  See how well this works out for you. [/quote]

100%.  That was my post.  I am an attorney who took the federal government route after toiling in big law. It wasn’t good for my family.  But I think the saddest thing is that the people who say I haven’t made much of myself 1) want handouts, 2) want loan forgiveness, 3) don’t understand what inflation is or basic economics.  These are the hate filled dummies Elon Musk finally said he can’t deal with.  People can deal with loving dummies.  But hateful dummies.  No thank you.  And aw shucks Joe isn’t able to paper over the rot in this Democratic Party with stories of Scranton.  The posters on this board are the modern Democratic Party and it is a party of ignorant, lazy, greedy, educated stupid people.  And a lot of moderates really see it now.  [/quote]

Please enlighten us further about all the legislative initiatives being advanced by the GOP and affiliated libertarian “indrpendents” to address global inflation and associated supply chain issues given your understanding of basic economics. What monetary policies do you think the Fedetal Reserve should pursue? What should we do about tariffs? NATO membership snd the invasion of Ukraine? China policy, freedom of navigation and the South China Sea? North Korean nuclear development? [/quote]

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