February Inflation and Unemployment both rose; real hourly wages fell

[GoTfan]

Riverwalk is angry because money was spent to keep people alive during the pandemic and is now hoping for another Great Depression because it will defeat Biden.

But he's already confessed to being part of the 1%, so he'll be fine while the rest of the US falls apart. And he sits there and wonders why the rest of the country has so much contempt for people like him.

[GoTfan]

More seems like statistical noise to me. This like having three polls with one candidate improving in all of them by 0.1% or 0.2% and claiming there's a trend or a huge turnaround. Obviously not surprised this is coming from the OP who's constantly wishcasting/cheering for a recession.

A lot of other data points to the same thing.

Ie Kansas City Fed Labor conditions is collapsing fast. NY Fed confidence in finding a job after being laid off has declined significantly. JOLTS hiring rates have collapsed. NFIP share of businesses saying finding labor is the biggest issue for them has also collapsed. All of this points to a rapidly deteriorating labor market.

ISM price pressures have trended up in recent months.

Boy, the SOTU really rattled you, didn't it?

[GoTfan]

More seems like statistical noise to me. This like having three polls with one candidate improving in all of them by 0.1% or 0.2% and claiming there's a trend or a huge turnaround. Obviously not surprised this is coming from the OP who's constantly wishcasting/cheering for a recession.

A lot of other data points to the same thing.

Ie Kansas City Fed Labor conditions is collapsing fast. NY Fed confidence in finding a job after being laid off has declined significantly. JOLTS hiring rates have collapsed. NFIP share of businesses saying finding labor is the biggest issue for them has also collapsed. All of this points to a rapidly deteriorating labor market.

ISM price pressures have trended up in recent months.

Boy, the SOTU really rattled you, didn't it?

The economy getting worse is rattling me.

No it isn't.  You just want another Great Depression to happen, safe in the knowledge you won't feel the affects.

This is why I struggle to have empathy for libertarians at times.