“Biden and Dems better cheat like hell if they want to win the midterm eleections.”
I’m just guessing, but I am not sure they can cheat enough to completely stop the bleeding. But be assured, they will cheat their butts off, and the losses won’t be as dramatic as they should be.
Honey, I Shrank The Economy!
Next we’ll be hearing about “Americans have gotten addicted to economic growth.”
No problemo.
Not worse than WE expected.
How much of the personal consumption data are inflated by inflation?
Q1 2022 was strongly negative at -1.5 GDP, right?
There is absolutely NOTHING HAPPENING in April and May 2022 that shows a change from -1.4% in Q1 to +1.5% (or higher) in Q2, right?
So, WHY are the NY and Washington “economists” “forecasting” a “positive” economic growth for Q2 of 2022?
Two quarters of negative GDP is the signal for a recession, and obviously a recession a year-and-a-half into Biden’s term is clearly Trump’s fault, so why should there not be a recession now? 10-14% real inflation with food, housing, and energy costs rising - though not counted in the 8% inflation rate. What’s not to like about a real recession that can be hidden by a single quarter’s pretend growth rate?
10,000 mules this time, in specific contested congressional districts. I figure they’ll pick up about ten seats and increase their majority. I hope I’m wrong of course. Probably another seat or two in the Senate also. These are very dark times. Pray!
Nothing distracts people from a bad economy like a war does. Biden’s handlers are certainly aware of that.
Mr Market is saying that the Fed is not serious about fighting inflation, as shown by the Fed Funds futures.
Too many dollars chasing too few goods. That can only last until all the shelves are empty. And I'm seeing more and more empty shelves every time I go shopping.
It’s not consumption it’s HOARDING that is going on right now.