So much for that economic forecast

[MuggsyB]

Brutal. 

[4everwarriors]

Buffoon1 blames Putin, aina?

[ZiggysFryBoy]

BeSt EcOnOmIc ReCoVeRy EvEr.

[4everwarriors]

Build back bedder...lol, aina?

[#UnleashSean]

Who doesn't love 10% inflation and stagnant wages?

[withoutbias]

But Mike's the one who can't contain himself because he hasn't had a thread locked in a while, ain'a?

[4everwarriors]

He just does it to agitate. Don't know why he loves to, unsuccessfully, try to get under one's skin. Might be something as simple as self-gratification, hey?

[Skatastrophy]

The US recovered more quickly than most other countries from the pandemic. Our consumer spending remains high (and growing), and our imports are up because of it. Exports are still lagging recovery because the slow covid recovery in other nations, compounded with fears of war. Seems pretty straightforward.

[Hards Alumni]

The US recovered more quickly than most other countries from the pandemic. Our consumer spending remains high (and growing), and our imports are up because of it. Exports are still lagging recovery because the slow covid recovery in other nations, compounded with fears of war. Seems pretty straightforward.

Furthermore, economists don't seem particularly worried.

[Golden Avalanche]

Brutal.

The number will be revised in weeks and you'll never notice. Consumer numbers and business investment is far from brutal. But I'm sure you know that.

Buffoon1 blames Putin, aina?

Considering the trade number the war in Europe has had an effect. But I'm sure you know that.

BeSt EcOnOmIc ReCoVeRy EvEr.

That was 2021. We're in 2022. But I'm sure you know that.

Build back bedder...lol, aina?

That legislation didn't pass Congress. If it did last year perhaps we'd see early shoots of investment mitigating this number? But I'm sure you know that.

Who doesn't love 10% inflation and stagnant wages?

We haven't hit double digits and wages aren't in the stagnation territory. But I'm sure you know that.



I imagine people like y'all are desperate to rain dance on terrible news but this is a stretch in every way possible. Wait until there is actual terrible news and make it easy on yourselves.

[4everwarriors]

Please, one question...

How's that Joe Biden workin' out for ya, hey?

[Hards Alumni]

Please, one question...

How's that Joe Biden workin' out for ya, hey?

Better than your homie, Ol' Dumpy drawers, aina?

[MuggsyB]

The number will be revised in weeks and you'll never notice. Consumer numbers and business investment is far from brutal. But I'm sure you know that.

Considering the trade number the war in Europe has had an effect. But I'm sure you know that.

That was 2021. We're in 2022. But I'm sure you know that.

That legislation didn't pass Congress. If it did last year perhaps we'd see early shoots of investment mitigating this number? But I'm sure you know that.

We haven't hit double digits and wages aren't in the stagnation territory. But I'm sure you know that.



I imagine people like y'all are desperate to rain dance on terrible news but this is a stretch in every way possible. Wait until there is actual terrible news and make it easy on yourselves.

It doesn't sound good to me.  But you're right about waiting to see the revised numbers. 

[wadesworld]

The US recovered more quickly than most other countries from the pandemic. Our consumer spending remains high (and growing), and our imports are up because of it. Exports are still lagging recovery because the slow covid recovery in other nations, compounded with fears of war. Seems pretty straightforward.

Exactly.  Our recovery has been far better than most of the world.

[The Sultan]

Brutal. 

We are near full employment, wages are rising, and the Fed actually has to lift interest rates to slow the inflation that economic growth is causing...and you call that "brutal?"

Compare and contrast how we recovered from 2008 (also under a Democratic President) and this recovery has been stronger and faster.

This is a case study on how governments need to inject money into the economy during economic downturns, and not hold money out of the economy.

[4everwarriors]

This is a case study on how governments need to inject money into the economy during economic downturns, and not hold money out of the economy.



Oh yeah that's been stellar. Pay people to sit on their fat asses and collect. Really great strategy, aina?

[Hards Alumni]

This is a case study on how governments need to inject money into the economy during economic downturns, and not hold money out of the economy.



Oh yeah that's been stellar. Pay people to sit on their fat asses and collect. Really great strategy, aina?

Stick to teeth.

[withoutbias]

Stick to teeth.

And police blotter.

[The Sultan]

Oh yeah that's been stellar. Pay people to sit on their fat asses and collect. Really great strategy, aina?

Yes.  It's way better than a slow economic recovery that would have occurred otherwise.

Look around man!  The economy is BOOMING thanks to the investments made during the Trump and Biden administrations.  You think we would be doing this well had we NOT done those things?

[4everwarriors]

Ask your favorite restaurant owner,  assuming they are still in business, how that's working for them, hey?

[Hards Alumni]

Ask your favorite restaurant owner,  assuming they are still in business, how that's working for them, hey?

Restaurants are packed here.  Waited 45 minutes on Saturday for dinner at 8.  I was in MKE in March, and the restaurant I was at had to turn people away.

But yes, continue.

[The Sultan]

Restaurants are packed here.  Waited 45 minutes on Saturday for dinner at 8.  I was in MKE in March, and the restaurant I was at had to turn people away.

But yes, continue.

Yeah, I don't know where 4ever is eating these days, but almost every place I go to lately is packed.

[MU Fan in Connecticut]

Yeah, I don't know where 4ever is eating these days, but almost every place I go to lately is packed.

Barricaded in the dental office?

[ZiggysFryBoy]

Yeah, I don't know where 4ever is eating these days, but almost every place I go to lately is packed.

Packed due to lack of staff.

[The Sultan]

Packed due to lack of staff.

Nope.

And regardless, you think the restaurants would be better off with a sluggish economy?  Sure they could hire workers but no one would be eating out.