GDP report reveals ominous Great Depression warning sign not seen since 1932

evince said:
FOX BUSINESS?



The fuck farts who denied the crash was coming because of Bush and republicans trash economic lies



HAHAHAHAHAHAHAHAHSHAHAHAHAHAHbaghahahahgahajahahaha


Fucking idiot loser
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no crash experienced here except for dumbfucks that over paid for their homes with no money down. Dumbocrats always use HAHAHAHA for lack of anything meaningful to say
 
Concart said:
I have a masters, dude. You know absolutely nothing. It's remarkable. You idiots have been screaming that sky is falling since Obama was elected. You have been wrong EVERY SINGLE TIME. Your batting average is .000.

What data in the GDP report hasn't 'been seen since 1932' and what does it suggest to you. In your own words. I'll wait.
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must have been mail order as you post the stupidest shit on this board
 
archives said:
What does any of that have to do with disposable income? Disposable income doesn’t go toward investment. Article throws around the right semantics, but applies them incorrectly

And of course the economy slowed down, if it didn’t, inflation would have increased, and Fox would be offering apocalyptic articles on runaway inflation. The key is to not fall into a recession, which the two percent shows isn’t happening, and is what is being celebrated
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disposable income always goes toward investment unless it is being used for huge inflationary prices, saving during the Carter Administration was one of the lowest points in our history, now people are pulling back on retirement plans again to pay utilities, food, and unexpected emergencies meaning high interest load payments. Biden, Pelosi, and Schumer should all be removed from office and fined for this mess
 
PostmodernProphet said:
idiots everywhere......Obama gave us the worst recovery in US history........when he ran in 2012 his platform was sorry I didn't do anything I promised in 2008 but if you give me another chance I will try again.......Clinton's "balanced budget" was Newt Gingrich's budget and Clinton complained it would bankrupt the country.......Biden's inflation would still be record breaking if he hadn't already done worse......
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Wrong, Obama handed off to Donnie a progressing economy on the uplift, an accomplishment coming out of a historical recession, and now everything Clinton did is due to Newt, funny, and the recent inflation was going to happen no matter who was President, and now it is slowly fading without falling into a recession nor rises in unemployment, an accomplishment under Biden

You can try again if you like
 
Stringfellow Hawk said:
disposable income always goes toward investment unless it is being used for huge inflationary prices, saving during the Carter Administration was one of the lowest points in our history, now people are pulling back on retirement plans again to pay utilities, food, and unexpected emergencies meaning high interest load payments. Biden, Pelosi, and Schumer should all be removed from office and fined for this mess
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No it doesn’t, that’s discretionary income, disposable meets necessities, and given that consumer spending hasn’t shrunk dramatically, Americans are not short on discretionary income
 
LV426 said:
Every single Republican President since Ford has left behind a stinking economy for the Democrat to clean up.

With Ford, it was inflation and the soaring cost of oil.

With Reagan/Bush it was the S&L collapse followed by the 1991-2 recession.

With Bush the Dumber, it was the Great Recession.

With Trump, it was COVID.

There has not been steady Republican leadership of the economy since Einsenhower, who would never be a Republican today.
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One of the major problems with the GOP is that they are certain that government is not part of the solution...but rather IS THE PROBLEM.

Whenever they are in power...they do their best to make that true...to have government be the problem. It is goddam near the only thing they do well, because whenever our government is run by Republicans...IT IS THE PROBLEM.

As for the OP...trying to get him/her to see the truth is hopeless. He/she is a moron.
 
archives said:
No it doesn’t, that’s discretionary income, disposable meets necessities, and given that consumer spending hasn’t shrunk dramatically, Americans are not short on discretionary income
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thanks for making my point, disposable income of old does not cover todays expenses, discretionary income has become disposable income. Many people that had laid out good retirement plans will not retire for 5 more years now.
 
archives said:
No it doesn’t, that’s discretionary income, disposable meets necessities, and given that consumer spending hasn’t shrunk dramatically, Americans are not short on discretionary income
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He doesn't know a thing. And of course discretionary income is not used for 'investment' it's used for things people want but don't need. I'm just flummoxed at how stupid these people are. They don't even understand the basic concepts.
 
LV426 said:
But he did promise to get us out of Iraq (which he did), he promised to recover the economy (which he did), he promised to reform health care (which he did), and he even got Osama bin Laden after years of Bush the Dumber promising to catch him.

It only took Obama 2 years to get bin Laden.
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you are pitifully unaware of history.....
 
SmarterthanYou said:
I have absolutely no reason to entertain your stupidity in answering a question at your demand. Any moron who believes that raising the debt ceiling so we can pay our bills without lowering any spending isn't qualified to run a lemonade stand, let alone a national economy
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Lowering spending is not part of the equation. Raising the ceiling has to do with last year's spending, not future spending. That is covered in budgets and economic plans. You are way off.
 
LV426 said:
What inflation?

In case you haven't noticed, inflation is now DOWN.

Not that you even understand what inflation is...
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???....you do realize inflation is still over 7%, right?.....that's not 7% from when he took office.....that's 7% since the 7.5% he had last year......
 
PostmodernProphet said:
its the irrefutable truth.....its sad you won't face it.....
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Every single Republican President since Ford has left behind an economy in tatters and in a recession.

Ford left a recession for Carter.

Bush left a recession for Clinton

Bush the Dumber left a recession for Obama.

Trump left a recession for Biden.

The last 4 Conservative administrations have all left behind recessions.

Every. Single. One.
 
LV426 said:
You mean the annual inflation rate?

So you say inflation was 7.5% last year and now it's 7%...isn't that the definition of GOING DOWN?

You're so fucking stupid, you can't even count.
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He doesn't understand the year over year concept. Because he is a moron.
 
Quote Originally Posted by LV426 View Post
You mean the annual inflation rate?

So you say inflation was 7.5% last year and now it's 7%...isn't that the definition of GOING DOWN?

You're so fucking stupid, you can't even count.
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ROFL......actually its the definition of prices going up another 7%.........but we don't expect you fuckwits to admit that......
 
PostmodernProphet said:
ROFL......actually its the definition of prices going up another 7%.........but we don't expect you fuckwits to admit that......
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No, not going up "another 7%"...measured 7% year-over-year.

You are fucking stupid.

Like, incredibly fucking stupid if you think every year products get 7% more expensive.
 
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