Anonymous
07/31/2025 09:02
Subject: Trump 47 Economy
Anonymous wrote:Anonymous wrote:During the Biden administration MAGA were conspiracy theorists. Now liberals are conspiracy theorists. It demonstrates that mental health issues are bipartisan.
What conspiracy? Are you saying that the government is still collecting all the data it collected last year? It’s not.
https://www.economist.com/united-states/2025/06/29/americas-economic-data-are-becoming-murkier
Can’t trust the data
Can’t trust the FBI
Election is rigged
President has dementia
Shadow government
Rinse and repeat
Anonymous
07/31/2025 08:56
Subject: Trump 47 Economy
Anonymous wrote:During the Biden administration MAGA were conspiracy theorists. Now liberals are conspiracy theorists. It demonstrates that mental health issues are bipartisan.
What conspiracy? Are you saying that the government is still collecting all the data it collected last year? It’s not.
https://www.economist.com/united-states/2025/06/29/americas-economic-data-are-becoming-murkier
Anonymous
07/31/2025 08:54
Subject: Trump 47 Economy
And inflation heading up again
Inflation posts biggest rise in four months, PCE shows. Tariffs may be filtering into prices.
https://www.marketwatch.com/story/inflation-posts-biggest-rise-in-four-months-pce-shows-tariffs-may-be-filtering-into-prices-757cebbd?mod=bulletin_ribbon
Inflation posts biggest rise in four months, PCE shows. Tariffs may be filtering into prices.
https://www.marketwatch.com/story/inflation-posts-biggest-rise-in-four-months-pce-shows-tariffs-may-be-filtering-into-prices-757cebbd?mod=bulletin_ribbon
Anonymous
07/31/2025 08:17
Subject: Trump 47 Economy
If government data becomes too unreliable and markets think Trump is cooking the books, it will be very expensive for taxpayers.
Bond markets are willing to buy $2 trillion of securities at modest interest rates to finance our annual deficits because of trust in the full faith and credit. Mess around with that and they will demand far more to buy our debt. And Trump will add trillions more just as he did in his first term so tariffs are not going to save us from this mess.
Anonymous
07/31/2025 07:03
Subject: Trump 47 Economy
Anonymous wrote:All of you status seekers are going to feel the pain while carpenters, cops, electricians, firefighters, nurses and plumbers keep making money and living their lives. AI doesn’t care about your T20 degree, or who you voted for. If you choose a job that isn’t hands on you’re going to be expendable.
Wishful thinking? I don’t think this will be the case any time soon. However, if it were true, who is going to pay for plumbers, carpenters and electricians? The unemployed white collars? They will be using you tube to learn how to fix things. Everyone will suffer, except maybe for emergency personnel.
Anonymous
07/31/2025 06:54
Subject: Trump 47 Economy
And there’s zero chance these “estimates” are being done without political pressure
Anonymous
07/30/2025 17:49
Subject: Trump 47 Economy
Thank you for sharing this. I am not sure how business or any federal or state government can operate cleanly without good data like this. Our tax dollars are being expended for tax cuts and not for the collection and synthesization of data and we will all be worse off for it.
Anonymous
07/30/2025 17:45
Subject: Re:Trump 47 Economy
Anonymous wrote:WASHINGTON—The Federal Reserve held rates steady for a fifth straight meeting Wednesday but faced rare dissents from two officials seeking an immediate cut.
The decision followed a period of intense political pressure on Fed Chair Jerome Powell by the White House to lower interest rates. Officials maintained their benchmark policy rate in a range between 4.25% and 4.5% as they weighed how importers, retailers and consumers will split the costs of higher duties on imports.
The outcome of hand-to-hand combat over who will bear the burden of tariffs figures to shape the trajectory for inflation and hiring later this year, which could resolve whether and when the central bank resumes rate cuts in the months ahead.
Pithy from JPM:
Anonymous
Anonymous
07/30/2025 14:10
Subject: Re:Trump 47 Economy
WASHINGTON—The Federal Reserve held rates steady for a fifth straight meeting Wednesday but faced rare dissents from two officials seeking an immediate cut.
The decision followed a period of intense political pressure on Fed Chair Jerome Powell by the White House to lower interest rates. Officials maintained their benchmark policy rate in a range between 4.25% and 4.5% as they weighed how importers, retailers and consumers will split the costs of higher duties on imports.
The outcome of hand-to-hand combat over who will bear the burden of tariffs figures to shape the trajectory for inflation and hiring later this year, which could resolve whether and when the central bank resumes rate cuts in the months ahead.
The decision followed a period of intense political pressure on Fed Chair Jerome Powell by the White House to lower interest rates. Officials maintained their benchmark policy rate in a range between 4.25% and 4.5% as they weighed how importers, retailers and consumers will split the costs of higher duties on imports.
The outcome of hand-to-hand combat over who will bear the burden of tariffs figures to shape the trajectory for inflation and hiring later this year, which could resolve whether and when the central bank resumes rate cuts in the months ahead.
Anonymous
07/30/2025 09:28
Subject: Trump 47 Economy
Administration claims GDP grew at 3%, rebounding from the pullback last quarter.
However, Capital Economics North America Thomas Ryan economist pointed out that within the release there were still signs of slowing economic growth. Growth in sales to private domestic purchasers, which economists often reference as a key signal of underlying economic growth within the GDP release, rose 1.2% in the second quarter. This was lower than 1.9% growth seen in the first quarter and the slowest pace of growth since 2022.
The tariff impact is still hanging over the economy and mass layoffs currently taking place will be a drag in future quarters.
However, Capital Economics North America Thomas Ryan economist pointed out that within the release there were still signs of slowing economic growth. Growth in sales to private domestic purchasers, which economists often reference as a key signal of underlying economic growth within the GDP release, rose 1.2% in the second quarter. This was lower than 1.9% growth seen in the first quarter and the slowest pace of growth since 2022.
The tariff impact is still hanging over the economy and mass layoffs currently taking place will be a drag in future quarters.
Anonymous
07/30/2025 08:57
Subject: Trump 47 Economy
Anonymous wrote:Another day, another great report as Q2 GDP came in at 3%, above the 2.5% prediction. More winning!
Why should we believe numbers from a government that is constantly lying to us?
Anonymous
07/30/2025 08:54
Subject: Re:Trump 47 Economy
Anonymous wrote:
Another day, another great report as Q2 GDP came in at 3%, above the 2.5% prediction. More winning!
Yet more than half of recent college grads don't have jobs. I doubt they feel like they are winning. For Trump it's about the wealthy getting wealthier.
Anonymous
07/30/2025 08:47
Subject: Trump 47 Economy
Anonymous wrote:Another day, another great report as Q2 GDP came in at 3%, above the 2.5% prediction. More winning!
Biden had a strong economy too. High prices still tanked Dems. Don’t count all your chickens yet while prices are increasing.
Anonymous
07/30/2025 08:44
Subject: Re:Trump 47 Economy
All of you status seekers are going to feel the pain while carpenters, cops, electricians, firefighters, nurses and plumbers keep making money and living their lives. AI doesn’t care about your T20 degree, or who you voted for. If you choose a job that isn’t hands on you’re going to be expendable.
Teachers are in short supply also. That is not a "hands on, brain off" job. It's "hands on, brain on". As are other occupations you mentioned. Health care is going to be big as people age. You need to have skills for these jobs though. Train for them.