February Inflation and Unemployment both rose; real hourly wages fell

[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?

[heatcharger]

Inflation will be just fine once Trump is re-elected and he cuts taxes and pressures the Fed into lowering interest rates.

Bush Republicans brought to heel, good.

[The Economy is Getting Worse]

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.

[DaleCooper]

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.

I'm calling BS on that. He may have rich parents, but this guy definitely does not contribute to a household in the top 1%

[Ferguson97]

Inflation is accelerating, as if we extrapolate February to the whole year, we would get 5.3% inflation.

This is a nonsensical economic analysis.

[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.

[Pericles]

3.2% is a pretty decent inflation rate tbh. It looks to me like the US economy is returning to normal.

[The Economy is Getting Worse]

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.

Actually I would get hurt by the policies I advocate. A vast majority of Wall Street will have to find a more useful job as the demand for speculation would crash.

[Epaminondas]

Actually I would get hurt by the policies I advocate. A vast majority of Wall Street will have to find a more useful job as the demand for speculation would crash.

Being in the top percentile means earning roughly 800k per year, which amounts to $300 an hour on a 50h week.

Given your posting rhythm, posting your insights here might be costing you $600 a day! Cut your losses buddy! Saving on this would go a long way to make up for the looming downturn.

[Amenhotep Bakari-Sellers]

That's why Biden says his agenda has been stalled by Rs, there is still more left to do, not obstruction

[pantsaregood]

The Riverwalk principle: If one indefinitely insists that "a recession is coming," they will (presumably) eventually be correct.

[Amenhotep Bakari-Sellers]

Again, Biden says he isn't finished his agenda is being stalled by Rs including Ukraine aid, that's why he needs to get reelected, instead Stimulus checks that voters think they are gonna get from Trump, we should be looking out for reparations