Posted on 08/19/2016 3:47:51 AM PDT by expat_panama
1. The economy is merely “trudging along” at stall speed, so stocks are vulnerable
This misperception is forgivable, given that U.S. GDP growth came in at around 1% for the first and second quarters.
But to really understand the economy, you have to drill down on a lot more numbers than just GDP. And when you do so, the weak GDP numbers seem fishy. They just don’t jibe...
* Employment growth is strong ...
* Loan growth is robust...
* Wage growth is solid.
* Consumer spending is strong...
The upshot? “Concern over the economy’s performance is running high, but it is misplaced...
2. No one has gotten a raise in several decades
Donald Trump loves this one...
But there’s just one little problem here. The “stagnant wage” claim is just not true...
3. People are angry and worried about the sluggish economy, so they support Trump...
...If people are bitter and worried about the economy, they sure don’t show it in their spending habits...
4. We are a nation that’s drowning in debt
There’s little doubt this is true for the federal government. But be skeptical of anyone who extends this concept to the private sector...
5. Low oil prices devastated the oil patch, hurting jobs growth overall
This was one of the fears when oil prices tanked. But this fear has not played out...
6. Technology helps us get more done at work ...dvances in technology make it easier to goof off than... ...the economy is near full employment and it’s harder to fill jobs.
But one caveat is in order: The first year of a presidential term often brings a recession, especially when the party in power changes. So if Trump catches up to Clinton and wins in November, look out.
(Excerpt) Read more at marketwatch.com ...
Economy’s great!
Especially if you’re one of the 90-100 million on welfare!
WOO HOO HAPPY DAYS ARE HERE AGAIN!
Gonna go play some X-Box and roll me a big joint, bro, WOOOOOOO!!
Thank God for political myths and schmit!
I can see how the availability of porn might sell a lot of the hardware and software necessary to see it, but the porn producers themselves don’t get any of that passed on to them. So how do THEY make money?
Homelessness is everywhere. Beggars are everywhere. That says more than all the statistics.
People don’t analyze how they are doing, financially or otherwise. The live it every waking (and perhaps every dreaming) hour of every day. They know it. They feel it.
They experience it when the money runs out before the end of the month. They watch it either live or on TV when people are burning down their own neighborhood or shoving at policemen. They feel the weight of another tax or regulation breaking their backs. They chafe at the restrictions of ridiculous PC prohibitions where an innocent word or gesture will brand you as a bigot or worse.
For us lucky few, things are going pretty good. For the masses that decide elections it’s not so good....no matter how hard you try to say the state of the economy and, in general, of the nation are great. They are not so good.
We need to take back our country, our heritages, our lives and sanity from the PCers and the One-Worlders.
Great question. Business Insider says
Contrary to public perception, free porn may be more widely available, but it forms a small part of the entire gamut of products the industry offers and the audience it caters to. Look beyond the 'free', and you'll see 'premium content'. These include HD videos, no ad/pop-up promises, unlimited downloads, online Live Cam streaming, and so on. Paid users can ask the website to deliver content to their email, or physical addresses. While you may never know, many do sign up for it as they like the convenience...
How Big Is Porn? (Forbes)
Naked capitalism (The Economist)
Lol
Food
Electricity/water
College
Medical insurance
Housing
All of these costs are going up far faster than the price of inflation.
That would make a good bumper sticker but there's a lot of homework that needs being taken care of before money gets involved. This is what we were talking about above w/ the difference between politics and business decisions. People are perfectly free to vote on whatever whim suits 'em at the moment because they'll always still be allowed to vote all over again next election. When it comes to business anyone who sinks his capital on a whim will most probably not have any capital the next time.
I remember Abe saying this o the radio when I was a lad! I think it was a PSA after a broadcast of “The Shadow Know/s”.
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