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Wildcat Will

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Is the economy doing good? Are things headed in the right direction?

" If you want a dramatic one-word answer, the answer is yes,” said Justin Wolfers, an economist at the University of Michigan. “Unemployment’s at a 50-year low, that’s the standard metric for thinking about how the economy is performing,” he said. “Job growth is continuing, so it’s not only good, it’s getting better, and it’s getting better at a really rapid rate. In 2022, we added the second-most jobs in recorded history, all the way back to 1939.”

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9 minutes ago, Wildcat Will said:

Is the economy doing good? Are things headed in the right direction?

" If you want a dramatic one-word answer, the answer is yes,” said Justin Wolfers, an economist at the University of Michigan. “Unemployment’s at a 50-year low, that’s the standard metric for thinking about how the economy is performing,” he said. “Job growth is continuing, so it’s not only good, it’s getting better, and it’s getting better at a really rapid rate. In 2022, we added the second-most jobs in recorded history, all the way back to 1939.”

If your gonna plagiarize Atleast credit the source, thanks  

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33 minutes ago, Wildcat Will said:

Is the economy doing good? Are things headed in the right direction?

" If you want a dramatic one-word answer, the answer is yes,” said Justin Wolfers, an economist at the University of Michigan. “Unemployment’s at a 50-year low, that’s the standard metric for thinking about how the economy is performing,” he said. “Job growth is continuing, so it’s not only good, it’s getting better, and it’s getting better at a really rapid rate. In 2022, we added the second-most jobs in recorded history, all the way back to 1939.”

Have you tried to buy or refi a house lately? Or purchase a car? Or even buy groceries? The economy for the wealthy maybe just fine but for people making less than 60k this economy is crippling. 

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1 hour ago, concha said:

 

It's as if the highest inflation in 40 years and the market being 6,000 points of its peak weren't happening.

 

The Dow's all-time high at market close stands at 36,799.65 points—reached on Jan. 4, 2022. The DJIA is one of the most regularly followed equity indexes, tracking 30 large-cap, well-known companies that trade on U.S. stock exchanges.

It stands near 33, 34 now.

Do your homework.

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4 minutes ago, Wildcat Will said:

The Dow's all-time high at market close stands at 36,799.65 points—reached on Jan. 4, 2022. The DJIA is one of the most regularly followed equity indexes, tracking 30 large-cap, well-known companies that trade on U.S. stock exchanges.

It stands near 33, 34 now.

Do your homework.

 

So over 3k points off?

Point remains.

Nice dodge on inflation.

Interest rates anyone?

 

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4 minutes ago, concha said:

 

So over 3k points off?

Point remains.

Nice dodge on inflation.

Interest rates anyone?

 

Moving the goal post? Your assertion is not valid. 

No dodge on inflation. It is noted in the post. It is documented fact, not your scary narrative. Inflation is down and moving in that direction.

Interest rates?.......Supply and demand.

I told you, do your homework.

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14 minutes ago, Wildcat Will said:

Moving the goal post? Your assertion is not valid. 

No dodge on inflation. It is noted in the post. It is documented fact, not your scary narrative. Inflation is down and moving in that direction.

Interest rates?.......Supply and demand.

I told you, do your homework.

 

Not valid how? <<queue Willie word salad>>

In no post of yours in this thread does the word "inflation" appear.

And interest rates are NOT supply and demand. They are effectively controlled by the Fed.

What a sad bullshitter you are.

 

 

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I’m doing just fine even though my net worth has gone down significantly since the demented shitbag and his crew started calling shots to intentionally dismantle America. I’ll survive, no question. Because I’m “wealthy”. However, MANY Americans are not doing so hot. One does not have to look very far to see the destructive effects of the last 2 years of Biden-American policy. This is THE worst America that I’ve lived in since Carter’s regime. There’s no close second. It was Geri g better year after year, then all of a sudden…this. Absolute garbage. This shit make Obama look like an actual America-first POTUS. Carry on. 

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2 hours ago, concha said:

 

Not valid how? <<queue Willie word salad>>

In no post of yours in this thread does the word "inflation" appear.

And interest rates are NOT supply and demand. They are effectively controlled by the Fed.

What a sad bullshitter you are.

 

 

O.k. Fixed.

The annual inflation rate for the United States is 6.4% for the 12 months ended January 2023 after rising 6.5% previously, according to U.S. Labor Department data published Feb. 14. The next inflation update is scheduled for release on March 14 at 8:30 a.m. ET 

Most of the recent data has been encouraging. After hitting a four-decade high last summer, inflation has come down a good bit. It's still higher than the Fed would like, but it's moving in the right direction. Wage gains have also cooled off despite the tight job market.

 

 

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6 hours ago, Wildcat Will said:

Is the economy doing good? Are things headed in the right direction?

" If you want a dramatic one-word answer, the answer is yes,” said Justin Wolfers, an economist at the University of Michigan. “Unemployment’s at a 50-year low, that’s the standard metric for thinking about how the economy is performing,” he said. “Job growth is continuing, so it’s not only good, it’s getting better, and it’s getting better at a really rapid rate. In 2022, we added the second-most jobs in recorded history, all the way back to 1939.”

If the economy was really so great, there would not be all of this inflation. As for job growth, I’ll leave it here;

EE6F410D-D86D-4F87-ABEE-5640CB683F4D.png

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54 minutes ago, zulu1128 said:

Here’s the link to the month old Vox article that Will was too lazy/embarrassed to include. lol. 
 

https://www.vox.com/platform/amp/the-goods/2023/2/3/23584939/jobs-report-economy-federal-reserve-inflation-recession-jay-powell

Thank you for further substantiating my comments.

Nice of you to provide the rest of the story.

Nothing changes.

What changed in a month?

The Republican talking points?

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9 hours ago, Wildcat Will said:

Is the economy doing good? Are things headed in the right direction?

" If you want a dramatic one-word answer, the answer is yes,” said Justin Wolfers, an economist at the University of Michigan. “Unemployment’s at a 50-year low, that’s the standard metric for thinking about how the economy is performing,” he said. “Job growth is continuing, so it’s not only good, it’s getting better, and it’s getting better at a really rapid rate. In 2022, we added the second-most jobs in recorded history, all the way back to 1939.”

 

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