The Most Fresh & Cordial Political Thread Ever

Bro, you know it’s not all about interest rates, I guess that’s why you keep hounding on it because it thinks it gives out. Regulatory, federal spending are a massive portion inflation. And you know the Treasury department (Biden run) works alongside with the Fed in tackling economic headwinds. So keep thinking Biden administration has nothing to do with rates, they are certainly a strong voice in advising the board.

This is solely a Biden and democrat trash economy they are responsible for…recession is here and stagflation is coming

https://media.tenor.com/VA6iZqLrkwwAAAAM/heres-to-that-johnny.gif

Real political talk ... this inflation/recession thing is complicated. Smart people articles say its dumb to spend, smart people articles say the last water downed bill didnt work enough and at most was neutral bc it didnt spend enough

1. We SHOULD be able to agree that there is global inflation
2. US inflation eased a bit in October
3. Costs of goods are still inching up

Solutions? Nothing good, just hang on, try to massage the economy and wait a few years for things to settle back to normal .. assuming we dont have another global catastrophe waiting for us in 2023

I dont pretend to understand this stuff ... just lurking waiting to pick up some good stocks on the dip.

Biden lied about inflation, his secretary first lied and apologized for inflation…his Biden stimulus bill is widely regarded as the most foolish and unwise economic spending bill of the last 50 years.

His regulatory initiatives, energy policies, spending policies and his administration unwillingness to confront inflation is why we are in a recession and facing stagflation.

Now he lied about employment numbers…he’s a buffoon, a liar and responsible for this economic mess.

Keep crying he has no control, it sounds foolish and ignorant at this point. You guys never take any fucking responsibility. It’s solely on the democrats and their policies

Actually he didn't but go on with you trumpette lies, it's everyone else right chico?

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Yup typical Dem.

“I can’t defend the position I put the American public in”

https://www.foxbusiness.com/politics/scott-calls-biden-admins-job-growth-lie-philly-fed-report-shows-numbers-off-more-1m-jobs

The Philadelphia Fed's report, released last week, week estimated that from March to June of this year, the U.S. added just 10,500 jobs, a glaring difference from the 1,121,500 estimated by the Bureau of Labor Statistics.

You can’t trust anything this administration says or does. Of course this isn’t being covered by the media

chico , you really are stupid.It's why your the joke of the forum.


https://www.marketwatch.com/story/a-new-philadelphia-fed-report-has-fueled-a-tucker-carlson-conspiracy-heres-what-the-report-says-and-what-it-means-11671704446?siteid=yhoof2

The Philadelphia Fed last week said that only 10,500 net new jobs were added between March and June, compared with the 1.05 million reported in the nonfarm-payrolls reports.

In the two previous quarters that the Philadelphia Fed has examined, however, it didn’t find a big disparity. In the first quarter, the Philly Fed estimated 1.7 million were jobs were created, compared with the 1.62 million tabulated by the BLS, and, in the fourth quarter of 2021, the Philadelphia Fed estimated 2.02 million jobs were created, compared with the BLS figure of 1.91 million.

Economists at First Trust led by Brian Wesbury point out that the Philadelphia Fed model is new. “Given that the Philadelphia Fed just started publishing results from its own internal model, meaning there isn’t much of a track record to go on, we’d say it’s probably right to take this report with a grain of salt. Theoretically, everything about this model might be sound, but even sound models often clash with reality. For example, the ADP model has never lived up to its hype,” the First Trust economists say.

In particular, the First Trust team say what could be the issue is that seasonality is not fully accounted for in the new model.

And in fact, the household report — the part of the jobs report used to calculate the unemployment rate — says that employment fell by 347,000 in the second quarter.

“Given the divergence between data from the household and establishment surveys in 2022 we wouldn’t be surprised at all by downward revisions to the employment data when they are released in March of 2023. But we will definitely take the over on 10,500 jobs added in [the second quarter],” they say.

Lol…so the article attacks Tucker Carlson not the figures.

It’s true the Fed relies on BLS data when it comes to policy including rate hikes. It’s true the revision occurred and the numbers were wildly incorrect. It’s true Biden used those wrong figures too bolster political support.

What the article attacks is Tucker position that the WH knew the numbers to begin with yada yada…which there is no evidence of, untrue. And then the article gives some random opinion by a nobody about model..but that doesn’t change the fact the numbers were wild wrong.

https://www.zerohedge.com/political/baltimore-city-becomes-graveyard-amid-dangerous-murder-wave

Baltimore City Becomes Graveyard" Amid Dangerous Murder Wave

Baltimore is a shithole run by democrats for the last 40+ years who are corrupt and don’t care about their citizens. Keep them broke and desperate for handouts with a shithole education system and a shithole local government. Money has never been an issue in Baltimore, they have zero excuses for their failure. Parents teach their kids to be criminals.

Lol…so the article attacks Tucker Carlson not the figures.

It’s true the Fed relies on BLS data when it comes to policy including rate hikes. It’s true the revision occurred and the numbers were wildly incorrect. It’s true Biden used those wrong figures too bolster political support.

What the article attacks is Tucker position that the WH knew the numbers to begin with yada yada…which there is no evidence of, untrue. And then the article gives some random opinion by a nobody about model..but that doesn’t change the fact the numbers were wild wrong.

LOL, it attacks Tucker for using a wrong and fucked up method, chico you really are stupid.

, they have zero excuses for their failure. Parents teach their kids to be criminals.



STFU.

JFC what a fraud

Congressman-elect George Santos admits lying about education, work experience, but vows to be sworn in (https://www.cbsnews.com/newyork/news/congressman-elect-george-santos-admits-lying-about-education-work-experience-i-will-be-sworn-in/)