Whom to believe?

Hundreds of leading economists, nationally and globally, say the US economy is doing very well.

Hundreds of academic and financial experts, nationally and globally, say the US economy is doing very well.

Joe Biden says the economy is doing very well, and provides specifics, such as a very low unemployment rate.

The Democratic party says the economy is doing very well, and provides specifics, such as GDP growth.

The Republican party says the economy is the worst in 11,000 years, and the earth will spiral into the sun if we don't elect Republicans to every office in the land, including Animal Control in Poughkeepsie. However, they're a little short on specifics and hem and haw when asked to provide them.

Trump hasn't offered an opinion, because he doesn't recognize "economy" when it appears on his teleprompter.

Boilerboob and stupid Tommie-poo tell us that the economy is awful lousy terrible horrible because of that no-good Biden, but all we have to do is elect their hero, the Orange Turd, and everything will be sunshine, rainbows, and bunnies again and we can return to the zero unemployment and 500 percent annual GDP growth of the Golden Trump Years.

Whom to believe??? Hmmmm.....

Trump will revive the adult diaper industry if he gets elected.  

I believe tom, Boilerman, and Jerry Ice. Yes, I really do!

Because after multiple swipes on another thread, they still can't name a G-7 country that is doing better than the United States.

Take it to the bank.

I don't care what other countries GDP is; I am only concerned with America.

Economic issues according to Pepperdine U and others

1- inflation

2- real wage decline

3- huge govt deficits

4-consumer debt as consumers are using credit cards to pay their bills

5-low savings rate as consumers are using savings to pay their bills

6-due to inflation; an inability to save for retirement

7-2024 GDP growth is expected to drop to 1.5% (Fed Reserve) & (CBO)

Just max out your credit cards, Tom.  They'll up the maxes eventually.......that is what the liberals do here on this site it sounds like.  

Not correct. What we liberals do is fail to run around in circles, flapping our arms, until our heads explode...just because some people are running up credit card debt. Why don't we do that? Because we're not looking for a pretext to yeep about the economy.

Do you and your shortbus friend Tom realize that credit card debt has ALWAYS increased immediately after the holidays ever since credit cards were invented? EVEN DURING REPUBLICAN ADMINISTRATIONS!!!!!!!!!!!!!

1. Inflation has been occurring virtually every year since it was first tracked. Current inflation is moderately high. You can have a heart attack about this if you wish.

2. Real wages are increasing. You lie. (Now cherry-pick some data, like including the pandemic or something.)

3. The YUGE government deficits were caused by Trump, so stop whining--you voted for him

4. Consumer debt is in line with what it has always been during the holidays

5. Savings are low because the interest paid on savings is pathetic--blame the banks

6. Don't make shit up

7. Predictions are worthless

Stupid Tommie-poo.

credit card debt has ALWAYS increased immediately after the holidays ever since credit cards were invented?

kevin still reads like a 3rd grader.  The debt numbers & increased defaults I referenced was from October & Christmas has nothing to do with it.

Inflation has been occurring virtually every year since it was first tracked. Current inflation is moderately high.

Highest inflation since carter, so it is a problem.  17+% cumulative inflation since biden became president

 https://budget.house.gov/press-release/families-crushed-as-bidens-total-inflation-breaks-17

Real wages are increasing. You lie.

The chart shows real wages have declined since Jan 2021.  kevin is delusional that it isn't

The YUGE government deficits were caused by Trump,

biden has been president for 3 years; the deficits are his.

Savings are low because the interest paid on savings is pathetic--blame the banks

Interest rates have nothing to do with the amount of money people are putting into their savings; which is declining.  cpa/economist kevin as usual doesn't know what he talking about.

https://www.bostonfed.org/publications/current-policy-perspectives/2023/have-us-households-depleted-all-the-excess-savings-they-accumulated-during-the-pandemic.aspx

Don't make shit up - about retiremnt savings 

The latest TIAA Institute-GFLEC Personal Finance Index (the P-Fin Index for short) finds that 25% of employed adults cut their retirement savings because of financial pressures created by inflation, and almost half of that group (12% of workers) stopped saving entirely.

https://fortune.com/recommends/banking/1-in-4-americans-cut-back-on-retirement-savings-because-of-inflation/

Kevin schooled yet again. 

"Blame the banks."  Anything in savings can easily be swapped into a 5% CD right now.  I know you probably don't know that as you'd have to have some savings to do that.  

Yeah, if you have preconceived notions, stupid Tommie-poo's nonsense fits right in.

The trouble with a CD is that the money is inaccessible for the life of the instrument. Anything that pays 5 percent will have a term of several years. DUHHHH, Jerry.

But ya know what? You guys are right. The economy is awful awful awful and both of you should kill yourselves immediately.