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boggsman1
Joined: 24 Jun 2002
Posts: 9122
Location: at a computer
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 Posted: Thu Mar 21, 2024 10:02 am Post subject: |
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| Still-Waters wrote: | | boggsman1 wrote: | Steve...Congratulations
Economy ripping
Stock market all time highs...
home sales up 10% yoy
LEI way ahead of expectations.
The Great American Success Story alive and well.... |
How’s that working out for the middle and lower class of income earners? |
I'd say the middle class is doing quite well. Mainly because their principal monthly cost, their mortgage is sitting below 3%, while their money pays 5+%, a 3.85 unemployment rate helps too . The lower class is not participating, which is the case 90% of the time with big US growth spurts as we are experiencing now. Inflation is also regressive taxfor the poor, as it eats a proportionally larger part of their income, and they dont benefit from higher savings rates for obvious reasons. |
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MalibuGuru
Joined: 11 Nov 1993
Posts: 9300
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| Posted: Thu Mar 21, 2024 2:47 pm Post subject: |
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| Still-Waters wrote: | | boggsman1 wrote: | Steve...Congratulations
Economy ripping
Stock market all time highs...
home sales up 10% yoy
LEI way ahead of expectations.
The Great American Success Story alive and well.... |
How’s that working out for the middle and lower class of income earners? |
It's a joke, and the reason Trump is smoking Biden. |
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MalibuGuru
Joined: 11 Nov 1993
Posts: 9300
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| Posted: Thu Mar 21, 2024 2:48 pm Post subject: |
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| BREAKING: The FBI had their own portal within Twitter that auto-deleted all communication’s with the social media platform after 2 weeks, a clear violation of the Freedom of Information Act. |
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boggsman1
Joined: 24 Jun 2002
Posts: 9122
Location: at a computer
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| Posted: Thu Mar 21, 2024 3:05 pm Post subject: |
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| MalibuGuru wrote: | | Still-Waters wrote: | | boggsman1 wrote: | Steve...Congratulations
Economy ripping
Stock market all time highs...
home sales up 10% yoy
LEI way ahead of expectations.
The Great American Success Story alive and well.... |
How’s that working out for the middle and lower class of income earners? |
It's a joke, and the reason Trump is smoking Biden. |
No , its not. Leave your Malibu bubble, and travel anywhere . You will see traffic, PACKED restaurants, and economic activity on fire. Even Manufacturing is ripping. Energy industry, Industrials, Technology, retail, housing, etc. The US economy is very very strong, regardless of what the Jan 6 Goon squad says... And I'll take action on November with the one caveat that Sleepy Joe makes it Nov 5th .. |
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Still-Waters
Joined: 21 Nov 2023
Posts: 134
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| Posted: Thu Mar 21, 2024 6:14 pm Post subject: |
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| boggsman1 wrote: | | MalibuGuru wrote: | | Still-Waters wrote: | | boggsman1 wrote: | Steve...Congratulations
Economy ripping
Stock market all time highs...
home sales up 10% yoy
LEI way ahead of expectations.
The Great American Success Story alive and well.... |
How’s that working out for the middle and lower class of income earners? |
It's a joke, and the reason Trump is smoking Biden. |
No , its not. Leave your Malibu bubble, and travel anywhere . You will see traffic, PACKED restaurants, and economic activity on fire. Even Manufacturing is ripping. Energy industry, Industrials, Technology, retail, housing, etc. The US economy is very very strong, regardless of what the Jan 6 Goon squad says... And I'll take action on November with the one caveat that Sleepy Joe makes it Nov 5th .. |
Ya, travel up to SF to witness the homelessness, and prosperity for yourself. Don't take Bogg's word for it. Big deep breath in through your nose.....ah the smell of urine, the smell of a booming economy. |
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MikeLaRonde
Joined: 11 Jun 2001
Posts: 768
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| Posted: Thu Mar 21, 2024 10:13 pm Post subject: |
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| boggsman1 wrote: | | Still-Waters wrote: | | boggsman1 wrote: | Steve...Congratulations
Economy ripping
Stock market all time highs...
home sales up 10% yoy
LEI way ahead of expectations.
The Great American Success Story alive and well.... |
How’s that working out for the middle and lower class of income earners? |
I'd say the middle class is doing quite well. Mainly because their principal monthly cost, their mortgage is sitting below 3%, while their money pays 5+%, a 3.85 unemployment rate helps too . The lower class is not participating, which is the case 90% of the time with big US growth spurts as we are experiencing now. Inflation is also regressive taxfor the poor, as it eats a proportionally larger part of their income, and they dont benefit from higher savings rates for obvious reasons. |
Considering your Hollywood-inspired data, I have come to the conclusion that there are, in reality, 2 very distinct data sets: The "real" economy, and the economic effect of the nanny state. Any all-inclusive statistics are misleading.
Oil on the rise. Subterfuge can only last. The price of NOTHING is going down. Oops, sorry for the confusion, as the actual cost of "NOTHING" is rising ...
Last edited by MikeLaRonde on Thu Mar 21, 2024 10:21 pm; edited 1 time in total |
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mac
Joined: 07 Mar 1999
Posts: 17750
Location: Berkeley, California
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| Posted: Thu Mar 21, 2024 10:14 pm Post subject: |
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| Wait, I hear an echo. It is the echo chamber from the fact-free alternative universe. Only accessible if your tin foil hat is snug. |
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Still-Waters
Joined: 21 Nov 2023
Posts: 134
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| Posted: Fri Mar 22, 2024 4:47 am Post subject: |
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| Someone is nose blind, or has lived his entire working life sucking the government teet. I love those people because they're so out of touch with reality. |
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boggsman1
Joined: 24 Jun 2002
Posts: 9122
Location: at a computer
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| Posted: Fri Mar 22, 2024 9:27 am Post subject: |
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| Still-Waters wrote: | | boggsman1 wrote: | | MalibuGuru wrote: | | Still-Waters wrote: | | boggsman1 wrote: | Steve...Congratulations
Economy ripping
Stock market all time highs...
home sales up 10% yoy
LEI way ahead of expectations.
The Great American Success Story alive and well.... |
How’s that working out for the middle and lower class of income earners? |
It's a joke, and the reason Trump is smoking Biden. |
No , its not. Leave your Malibu bubble, and travel anywhere . You will see traffic, PACKED restaurants, and economic activity on fire. Even Manufacturing is ripping. Energy industry, Industrials, Technology, retail, housing, etc. The US economy is very very strong, regardless of what the Jan 6 Goon squad says... And I'll take action on November with the one caveat that Sleepy Joe makes it Nov 5th .. |
Ya, travel up to SF to witness the homelessness, and prosperity for yourself. Don't take Bogg's word for it. Big deep breath in through your nose.....ah the smell of urine, the smell of a booming economy. |
No... Go to any city in the country, and see it for yourself. Spokane, Denver, Phoenix, Las Vegas, Nashville, etc... Try to stay on topic Still-Water....your credibility is fading. |
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boggsman1
Joined: 24 Jun 2002
Posts: 9122
Location: at a computer
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| Posted: Fri Mar 22, 2024 9:29 am Post subject: |
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| MikeLaRonde wrote: | | boggsman1 wrote: | | Still-Waters wrote: | | boggsman1 wrote: | Steve...Congratulations
Economy ripping
Stock market all time highs...
home sales up 10% yoy
LEI way ahead of expectations.
The Great American Success Story alive and well.... |
How’s that working out for the middle and lower class of income earners? |
I'd say the middle class is doing quite well. Mainly because their principal monthly cost, their mortgage is sitting below 3%, while their money pays 5+%, a 3.85 unemployment rate helps too . The lower class is not participating, which is the case 90% of the time with big US growth spurts as we are experiencing now. Inflation is also regressive taxfor the poor, as it eats a proportionally larger part of their income, and they dont benefit from higher savings rates for obvious reasons. |
Considering your Hollywood-inspired data, I have come to the conclusion that there are, in reality, 2 very distinct data sets: The "real" economy, and the economic effect of the nanny state. Any all-inclusive statistics are misleading.
Oil on the rise. Subterfuge can only last. The price of NOTHING is going down. Oops, sorry for the confusion, as the actual cost of "NOTHING" is rising ... |
Its not only the data... Leave your basement and go eat out, get on a flight, attend a concert....Quite frankly, its both pathetic, and predictable that those on the right are not giving the Great American Machine any credit during an election year... But the levels on the S & P 500 are certainly more relevant to some than the opinions of a few old windsurfers... |
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