Slip, Slidin’ Away! US Q2 Real GDP Descends To -2.1% (Late In The Evening For The Midterm Elections!)

Confounded Interest ^ | 07/01/2022 | Anthony B. Sanders

[Browns Ultra Fan]

Slip slidin’ away Slip slidin’ away You know the nearer the midterm elections The more you’re slip slidin’ away

As Bill Clinton once said about elections, “It’s the economy, stupid.”

Which is bad news for Biden and Democrats after Q1’s bad GDP report of -1.6% “growth”, we now see the Atlanta Fed’s real-time GDP report for Q2 at -2.1%.

Today’s miserable construction spending report helped tank Q2’s real GDP forecast.

Its getting late in the evening since the midterms are only a couple of months away and Biden’s approval rating is miserable.

Sing it, Joe!

[Browns Ultra Fan]

The Democrats and Rinos will really have to steal ANOTHER election to prevent a disaster in this country.

[NWFree]

President Retard did that 🤪

[SaveFerris]

(As Bill Clinton once said about elections, “It’s the economy, stupid.”)

I thought that originated with Carville.

[Fido969]

In OCTOBER:

GDP up 8%! Stock market rallies! Inflation to 0%! Gasoline prices $1.80!

Corrections will come out mid-November.

[SaveFerris]

(Which is bad news for Biden and Democrats after Q1’s bad GDP report of -1.6% “growth”, we now see the Atlanta Fed’s real-time GDP report for Q2 at -2.1%)

Is this Building Back Better?

asking for a friend...

[EnderWiggin1970]

I’m not familiar with this report. Anyone have a handle on how accurate (or not) it tends to be?

[BenLurkin]

But gas prices must stay high, says the Democrat Party, in order to create a “liberal world order.”

[rigelkentaurus]

This is from the Atlanta Fed produce GDPNow. It is considered reliable to +-0.3% GDP especially late in the quarterly forecast period. Believe the actually 2Q number is due on 28 July.

[Vigilanteman]

This kind of $#*+ happens for many reasons. One reason is because restaurant owners have to cut back on hours because they can't hire workers partly because the Xiden regime has made it so easy not to work.

Another is that pent-up demand for travel doesn't happen because fuel has become so pricey.

[packagingguy]

Especially if people really realized how bad things are. This fall. The harvest or lack thereof. The Fed can’t print our way out of this mess. Here’s a farmer’s take:

“Stop sticking your head in the sand and thinking, oh, it’s going to be okay. It’s not going to f’ing be okay”

https://www.investmentwatchblog.com/video-pay-attention-to-what-farmers-are-saying-this-is-just-starting-its-gonna-get-a-lot-worse-censored-by-twitter/

[neverbluffer]

You are Spot On..

[Indy Pendance]

It was carville who said “it’s the economy, stupid”.

[Sarah Barracuda]

All going according to their “Liberal World Order” plans

[The Sons of Liberty]

Slip, Slidin’ Away! US Q2 Real GDP Descends To -2.1% (Late In The Evening For The Midterm Elections!)

The dems and RINOs will have to bring in SEVERAL trunkloads of fake ballots and have thousands of rigged voting machines.

[EnderWiggin1970]

This is from the Atlanta Fed produce GDPNow. It is considered reliable to +-0.3% GDP especially late in the quarterly forecast period. Believe the actually 2Q number is due on 28 July.

Thanks! (And right about the 7/28 date I believe.) So.... we're screwed. Not only another negative report, but even worse declines than in 1Q. I just hope that (A) voters wake up and hold the Dems accountable and (B) voters are smart enough in 2024 to know who to blame after 2 years of gridlock (because you know whom the media will blame for everything after November.)

[2nd Amendment]

These Biden democrats couldn’t operate a brothel monopoly on a military base at a profit!

[ConservativeInPA]

Eff Joe Biden. Eff Democrats. Eff RINOs. I am trying be as articulate as possible, but these numbers are a disaster. Just wait for unemployment to kick in. America will have inflation, high interest rates, unemployment, negative growth, IRAs and 401ks crashing even more, a long term bear market while every one of freedoms are being attacked by leftists, fags, and trans. Our border is being over run and government does nothing but help.

This is the international destruction of America. We need a plan so that conservatives rebuild our nation after the reset caused by leftist, globalist corporatists. (Is that enough ists?)

[FlipWilson]

“It’s the economy stupid”

Unfortunately, it’s the “whatever the media tells the drones is the big issue”

That is the gravity we have to fight against. January 6th and abortion will be pounded into the mass of drones. And the sad part is that some suburban Karen could be watching the hubby lose his job, lose their house, etc, AND WILL STILL somehow care more about January 6th and abortion.

How to counter it? It takes a strong candidate not afraid to tell the media to pound sand and keep focused on the economy. Kinda like, you know, the Orange guy that the GOPe loathes.

But in loathing him, they will embrace the weakness. Those candidates will be the one’s who blunt the red wave. We will get the apology tour from those candidates.

But from the ones who embrace Trump’s agenda and strength in standing up against the left wing media? I predict victory.

See Youngkin and Cittarelli.

[ConservativeInPA]

It’s pretty accurate, but the numbers are updated as new data is collected. Yesterday, GDP was at -1% for Q2 if I heard correctly, but construction data just came in and tanked the figure. Watch for multiple revisions going forward.

[SaveFerris]

The sheep 🐑🐑🐑 are so easily deceived