Watch the Democrats lie and spin. The dancing will entertain me, and the stupid people will believe it.
Watch the Democrats lie and spin. The dancing will entertain me, and the stupid people will believe it.
I'll make a bet ! Republicans have already predetermined what they will be upset about depending on the numbers. Here's my simple prediction:
IF GDP is good.....Republicans will cry about inflation.
IF GDP is bad....Republicans will cry about GDP.
FYI - the FED is desperately trying to make the latter happen ANd they will continue to raise interest rates at a record pace until it does. That means we should all be hoping for the latter unless all you want to do is cry cause you're pissed your team lost the election. But its a free country.
Lets come back in two weeks and see which reaction Boilerman and friends choose.
Originally posted by: PJ Stroh
I'll make a bet ! Republicans have already predetermined what they will be upset about depending on the numbers. Here's my simple prediction:
IF GDP is good.....Republicans will cry about inflation.
IF GDP is bad....Republicans will cry about GDP.
FYI - the FED is desperately trying to make the latter happen ANd they will continue to raise interest rates at a record pace until it does. That means we should all be hoping for the latter unless all you want to do is cry cause you're pissed your team lost the election. But its a free country.
Lets come back in two weeks and see which reaction Boilerman and friends choose.
PJ, GDP must be evaluated along with inflation. We'll, I guess it doesn't have to, because that will be part of the Sleepy dance. If one looks only at dollars, one gets a skewed view of reality. Real GNP is the number to consider, and Sleepy, and the Liberal media will ignore this data. Kevin need not reply, 'cause this stuff confuses him.
That's my prediction.
No, sorry. Interest rates and GDP run in contrary directions to each other. And thats something any freshman economics student can explain to you. And thats the entire point for the FED raising them. They're trying to kill economic growth...and you want to be upset at Joe Biden for it when they do....and if they fail you're going to be upset at Joe Biden about inflation.
So lets be clear - you've already made up your mnd that you are going to be upset. Prove me wrong by telling me the hypothetical economic scenario that comes out at the end of the month that you would not be upset about.
I'll wait
The GDP won't be good. At best it will be 0.5% up or down (fed estimates). If Biden addressed inflation last spring we would not be in the position of these large rate increases.
In Biden world nothing is problem until it becomes a crisis.
Does anybody think Boiler, Tom, and the rest of the conservitard gang actually give a shit about this topic, let alone even vaguely understand it? Of course they don't. They just want to bitch and whine.
If GDP drops but inflation subsides, they'll bitch about GDP. If GDP stays level and so does inflation, they'll bitch about inflation. Yawn.
And of course, our resident dumbasses are sticking to their idiot story that Biden is somehow responsible for GLOBAL inflation.
Conservitards are idiots.
Originally posted by: Boilerman
Watch the Democrats lie and spin. The dancing will entertain me, and the stupid people will believe it.
Ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha !
Originally posted by: tom
The GDP won't be good. At best it will be 0.5% up or down (fed estimates). If Biden addressed inflation last spring we would not be in the position of these large rate increases.
In Biden world nothing is problem until it becomes a crisis.
In Tom World everything is a crisis, unless it's something his gang is doing.
Hey Boilerman, is it October 27 yet?
https://www.nytimes.com/2022/10/27/business/economy/us-economy-gdp.html