Yesterday the Fed chair talked about CONTINUING supply chain problems and noted the back log of ships still sitting out in the water. I think this boob or vegetable of a president should be called President Nero or Baghdad Bob.
The emperor has no clothes, and without Depends, it's gonna get ugly!
The fact is we are living in a low inventory supply, high monetary supply environment. That's fake prosperity, I don't give two effs what propaganda the OMB/BEA is pimping.
Do you seriously not understand the correlation between inflation and economic growth? When we get the GDP data on the 27th, GDP growth (net of inflation for those that still don't understand the concept) will be above 5% for 2021, the highest growth rate since 1984.
Just wait until all of the Biden Bucks from covid stimulus runs out. That's why the commiecrats are so desperate to pass BBB (build back broke). We are running on fiat money and that's about to run out.
You're not totally wrong here but the policy from the Executive branch is making the whole situation worse.
Purely anecdotal evidence. You not taking CFA's propaganda source's word for it? 🤣
You buy groceries (when available) with your investment portfolio?
It's JANUARY. The music just stopped. Soon they'll be looking for a chair to sit in, minus quite a few chairs. People stopped working when they were getting paid to do nothing. Give it time. One more time, this is why Brandon is so desperate to Build Back Broke.
LOL. Are you really trying to teach me about investing, marketing boy?
I'm getting the feeling it's about time to "realize" them and GTFO for a while.
In fairness to Fatman, that's two of many topics you know nothing about.🤣
And that's because we shut down the country in 2020.
You are embarrassing yourself again. You always respond to me that the economy was shut down in 2020, ignoring when I reply that the economy only declined 2.3% in 2020, and produced $20.9 trillion of good and services in the US.
Curious what time frame you're referencing for your claim of stock performance improvement of 28%(?). From my research, for 2021 the DJIA was up 18.7%, NASDAQ up 21.4%. Congratulations are in order if your investment portfolio has beaten the broader market; mine is more or less in line with it.
Not sure that really means much, not adjusted for inflation.
Shocking you stopped right before the -4.4% 2018 return 😆.
The fact that you don't understand what a massive blow that is, is staggering.
A couple months? Try 10. The fact that you don't understand the impact that has on that business and the larger economy proves that you've never played a meaningful role in either.
It will be 2030 best case scenario before we completely recover from the economic disaster that was 2020. If we keep electing* idiots like Hiden, make it 2040.
What the hell are you talking about? We have already surpassed 2019 GDP. Sure, some industries aren't doing as well as they were pre-pandemic, but many others have far surpassed where they were pre-pandemic.
Well, some us are being screwed by the advanced child tax credit. My wife couldn't wait to spend the $ each month. Just received a letter from the IRS yesterday, something something about taxes need to be paid and any amount of the received advanced tax credit not qualified to receive would have to be paid back. Seems like we just recieved over the past several months $3,000 income with no taxes deducted. Probably need to pay now instead of getting the usual 1 to 2K back.
The extra $ for unemployment didn't actually stop until September.
Ghost has never been known for his economic acumen. In fact, he’s never been known for any type of acumen other than trolling and welching on bets.
You had the option to not get the child credit monthly and wait until tax returns, you should have received a letter to select that option.
I don’t think it’s bribery, it’s supply and demand.
Your wrong again. I was never given that choice. I file my taxes electronically, and just like the stimulus $, it was automatically depostied into my account. I did NOTHING to recieve it.
The IRS required that you hand over SS and photo ID to a 3rd party in order to setup an account. You could not cancel the monthly without the account.
Because the economy wasn't shut down in 2018. If we had shut the economy down in 2018 (as we did in 2020), then we would have seen a historically strong GDP in 2019, as we did in 2021. But the economy in 2019 would still be hot garbage, just as it is now.
I guess you can't read either. I was never given the choice. BECAUSE I file taxes electronically and receive any refund as direct deposit, they just started deposting the $ each month. Never received any notification that it was starting, or chance to opt out.
There's few cars you dolt because manufacturers can't get parts. Why can't they get parts? Because ships are circling Brandon's office (we saw it in his fake window). 🤣 It's not just cars, it's ALL equipment. And it's not just equipment, it's all essential parts of everything that is assembled in the US. What arrives in port, not enough workers to transport them to their destinations. Why? This is what happens when you lock down the country. Let's Go Brandon! 🤣
