|
Reminder that the economy's in a fairly good spot right now.quote:A story in four parts:   
|
#
?
Aug 30, 2024 22:16
|
|
|
|
| # ? Nov 11, 2025 11:54 |
|
|
Grip it and rip it posted:Hmmm I've been reading a bit of news from different sources about the threat of a looming recession The bad news is that wages still haven't entirely caught up to make up for the price increases-especially in consumer goods and groceries-of the past year or three, so alot of normal people feel poorer (and in purchasing power/real terms, they are even, oftentimes even if they have gotten a raise). Anyone on a fixed income or lower-wage job that spends most of their income on necessities like food and rent and gas is hurting. Their dollars just aren't going as far. That all certainly effects middle-class households too, but there the issue is also that buying a house is stupidly expensive in alot of the country and that's not made any less painful by mortgage interest rates being pretty high. Basically 'the economy' is probably doing okay, but it doesn't feel that way to alot of people. Wages are still growing, unemployment is still low, some grocery prices do seem to be going down a bit, as are mortgage rates, and generally things are trending back to whatever 'normal' is, but there is still kind of a grey cloud hanging over how people (normal people and economists/markets) all feel about.
|
|
#
?
Aug 30, 2024 22:17
|
|
The timing of this couldn't possibly be worse.
|
Cugel the Clever posted:Doomsaying about an imminent recession has been a thing literally since the Covid recession. Anything that's actually novel and credible? https://archive.ph/oyct2 This is the article that really got me to thinking about it. The headline reminded me of the joke about wearing the "not a murderer" shirt or whatever.
|
|
#
?
Aug 30, 2024 22:18
|
|
|
Grip it and rip it posted:https://archive.ph/oyct2
|
|
#
?
Aug 30, 2024 22:28
|
|
|
Kaiser Schnitzel posted:If you read that article and your takeaway was 'a recession is looming enough to effect the election' then you didn't understand that article very well. It's point was that while several indicators that people point to when trying to predict recessions (which is a very hard thing to do) are doing things that in the past have tended to point towards recessions, for many reasons largely related to the post-covid recovery, they are likely not great indicators to use right now. Yes, many of those numbers are kind of out of whack right now in a way that in the past has looked recessiony, but in this case they are probably out of whack for other reasons. I think combined with the drying up of excess household savings, increased credit card debts, increased delinquencies, and softening job numbers, the idea that you should ignore historical bellwethers is asinine. I guess I don't have as unflappable a faith in the 3 line rationales that were provided in that article.
|
|
#
?
Aug 30, 2024 22:51
|
|
|
Grip it and rip it posted:I think combined with the drying up of excess household savings, increased credit card debts, increased delinquencies, and softening job numbers, the idea that you should ignore historical bellwethers is asinine. I guess I don't have as unflappable a faith in the 3 line rationales that were provided in that article. Nor should you, but a recession is likely to mimic 1992 in that it’s going to be relatively short and shallow vs what we saw in 2007-2009 which was long and deeply impactful to the rest of the economy.
|
|
#
?
Aug 30, 2024 22:59
|
|
|
Nystral posted:Nor should you, but a recession is likely to mimic 1992 in that it’s going to be relatively short and shallow vs what we saw in 2007-2009 which was long and deeply impactful to the rest of the economy. Which lead to Bush losing to Clinton, right? In my mind it's a worrying development largely for the impact that it could have on this election.
|
|
#
?
Aug 30, 2024 23:01
|
|
|
Grip it and rip it posted:Which lead to Bush losing to Clinton, right? In my mind it's a worrying development largely for the impact that it could have on this election. I’m beginning to think the at Clinton won because he was young and sexy dripping with charisma and it had very little to do with the economy.
|
|
#
?
Aug 30, 2024 23:05
|
|
|
Crab Dad posted:I’m beginning to think the at Clinton won because he was young and sexy dripping with charisma and it had very little to do with the economy. Posting this to remind myself to look up the '92 election season polling data and see if I can pinpoint the day he played the saxophone on Arsenio Hall.
|
|
#
?
Aug 30, 2024 23:11
|
|
|
Grip it and rip it posted:Which lead to Bush losing to Clinton, right? In my mind it's a worrying development largely for the impact that it could have on this election. No, that was Ross Perot. The economy is extremely complicated and there is no timeline on how long it takes things to correct. Once consumer and corporate sentiment get extremely pessimistic and people start to act on it we will have a recession. Until then don't try to fight optimism, you'll only lose. Those measured indicators are constantly being played with by the Fed and others so they can rapidly become poor or meaningless indicators. lightpole fucked around with this message at 23:26 on Aug 30, 2024 |
|
#
?
Aug 30, 2024 23:23
|
|
|
https://x.com/AccountableGOP/status/1829629611782574537
|
|
#
?
Aug 31, 2024 03:44
|
|
|
https://x.com/acnewsitics/status/1829625590783361406?t=2gRnmdA1d_9TDIQ8aw1GTQ&s=19 Aaaaaand there it is. ("Sleepy Joe/Kamala skipped the Arlington ceremony, they're bad, vote for me!")
|
|
#
?
Aug 31, 2024 04:11
|
|
|
I held an uncountably infinite number of patriotic events that 45 didn’t show up at.
|
|
#
?
Aug 31, 2024 04:46
|
|
|
It is very funny how prominent Republicans are suddenly very concerned about preserving reproductive rights after they finally get it through their heads that this is an issue that could potentially cost them the election. How can you even function with this kind of whiplash. https://abcnews.go.com/WNT/video/trump-6-week-abortion-ban-short-113286922
|
|
#
?
Aug 31, 2024 16:56
|
|
|
Trump has just came out in favor of legalizing pot.
|
|
#
?
Aug 31, 2024 17:23
|
|
|
The above two posts are connected - Donnie's voting against removing Florida's 6-week abortion ban (he got too much flak from his base) and made up poo poo about Democrats aborting born kids again. On the weed thing, he's making up a bunch of bullshit in a gigantic post and also completely making up that without legalization, fentanyl marijuana expands. DEATH WEED
|
|
#
?
Aug 31, 2024 17:31
|
|
|
facialimpediment posted:The above two posts are connected - Donnie's voting against removing Florida's 6-week abortion ban (he got too much flak from his base) and made up poo poo about Democrats aborting born kids again. On the weed thing, he's making up a bunch of bullshit in a gigantic post and also completely making up that without legalization, fentanyl marijuana expands. "Post-birth abortions" may be the dumbest thing he's dreamed up and that's a hard title to earn. It sounds like something a 7 year old would come up with to sound smart to their 7 year old friends who buy it.
|
|
#
?
Aug 31, 2024 17:38
|
|
|
CBJSprague24 posted:"Post-birth abortions" may be the dumbest thing he's dreamed up and that's a hard title to earn. It sounds like something a 7 year old would come up with to sound smart to their 7 year old friends who buy it.
|
|
#
?
Aug 31, 2024 17:40
|
|
|
Cartman’s mom went to get a 40th trimester abortion in 1998 so maybe that’s where he got it from
|
|
#
?
Aug 31, 2024 17:40
|
|
|
lol gently caress I even had to look up the date for it too
|
|
#
?
Aug 31, 2024 17:41
|
|
|
https://x.com/SplitTicket_/status/1829936126867685603?t=jTPTCENuAB0bYLLZHTke3g&s=19 It would be extremely funny if the Republicans managed to flip MT and WV but still lost the Senate because of Nebraska of all places
|
|
#
?
Aug 31, 2024 17:43
|
|
|
He just isn't used to the new weed we been growing
|
|
#
?
Aug 31, 2024 17:49
|
|
|
Tiny Timbs posted:Cartman’s mom went to get a 40th trimester abortion in 1998 so maybe that’s where he got it from It's really an oft-repeated Republican talking point (late term abortions) that Donnie did his Donnie thing about and routinely exaggerates enough that it's now Just A Thing he says to justify whatever (post-birth abortions). With how little democratic pushback I ever hear about it, it's pretty clear that democratic strategists/pollsters have figured out that works against precisely nobody, especially post-dobbs. That the media doesn't constantly call him / Republicans out on it feeds into the hilariously pro-trump slant of the general media for the past 10 years. That kind of repeated lie isn't covered even a fraction of Biden Old.
|
|
#
?
Aug 31, 2024 18:17
|
|
|
CBJSprague24 posted:"Post-birth abortions" may be the dumbest thing he's dreamed up and that's a hard title to earn. It sounds like something a 7 year old would come up with to sound smart to their 7 year old friends who buy it. After Eric & Jr talked him into putting JD on the ticket I’m sure he wants a couple
|
|
#
?
Aug 31, 2024 18:22
|
|
|
CBJSprague24 posted:"Post-birth abortions" may be the dumbest thing he's dreamed up and that's a hard title to earn. It sounds like something a 7 year old would come up with to sound smart to their 7 year old friends who buy it. https://youtu.be/YwPlREhpnbM?si=8G4LugSWzblCz8Pc
|
|
#
?
Aug 31, 2024 18:45
|
|
|
CBJSprague24 posted:"Post-birth abortions" may be the dumbest thing he's dreamed up and that's a hard title to earn. It sounds like something a 7 year old would come up with to sound smart to their 7 year old friends who buy it. He saw Principal Skinner aborting a baby in the alley, and the baby looked at him.
|
|
#
?
Aug 31, 2024 20:01
|
|
|
He just remembers the Maddox "Regressive Party Policy" of raising the abortion term limit to 100 years.
|
|
#
?
Aug 31, 2024 21:03
|
|
|
https://x.com/CalltoActivism/status/1829569219211747394 Awesome “weave”, Mister President.
|
|
#
?
Aug 31, 2024 21:40
|
|
|
Platystemon posted:https://x.com/CalltoActivism/status/1829569219211747394 He is on point with his accordian-hand game but there is no hamster left on the wheel upstairs. Total and complete donkey brains.
|
|
#
?
Aug 31, 2024 22:33
|
|
|
Andrew Jackson got mistreated huh?
|
|
#
?
Aug 31, 2024 23:09
|
|
|
Platystemon posted:https://x.com/CalltoActivism/status/1829569219211747394 Only Donald Trump could have someone that's enough of a yes person to find a way to attempt to spin his incoherent nothingness into being seriously, it's a positive, guys! He's just that brilliant!
|
|
#
?
Aug 31, 2024 23:30
|
|
|
Elviscat posted:Andrew Jackson got mistreated huh? I mean, he did get shot at.
|
|
#
?
Sep 1, 2024 00:41
|
|
|
Platystemon posted:https://x.com/CalltoActivism/status/1829569219211747394 NYT: Trump 'Weave' Dazzles in Michigan, How Dems Lost Their Oratory Mojo
|
|
#
?
Sep 1, 2024 02:31
|
|
|
https://x.com/rooster_ohio/status/1830355393815732359 I think my brain crashed to desktop after this was sent to me, but here you go. I do know for a fact that the commencement speaker claim checks out, as I have family who was at a reception with him before the ceremony and reported back he was a complete loving toolbag.
|
|
#
?
Sep 1, 2024 21:44
|
|
|
disney bound to the polls
|
|
#
?
Sep 1, 2024 21:47
|
|
|
CBJSprague24 posted:https://x.com/rooster_ohio/status/1830355393815732359 Well that was the most obnoxious thing I've watched all day.
|
|
#
?
Sep 1, 2024 21:48
|
|
|
quote:Disney Adult swingers couple is now claiming they had a threesome with Senator Boss Baby this sequence of words activated my gag reflex 
|
|
#
?
Sep 1, 2024 21:50
|
|
|
Stultus Maximus posted:Well that was the most obnoxious thing I've watched all day. This is gonna be hilarious fallout if true.
|
|
#
?
Sep 1, 2024 21:56
|
|
|
CBJSprague24 posted:https://x.com/rooster_ohio/status/1830355393815732359 Why are they holding their hands out like that? Is that a new "ai didn't deepfake this" Thing?
|
|
#
?
Sep 1, 2024 22:01
|
|
|
|
| # ? Nov 11, 2025 11:54 |
|
|
i was wondering the same thing
|
|
#
?
Sep 1, 2024 22:05
|
|
