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To: setter

and you were doing so well with your cherry-picking of economic data points — until you got to the end there

“some inflation” ???

the annual pace of inflation is at its highest level in 30 years, as of the most recent report for September 2021.

from Marketwatch
“Until very recently, Federal Reserve leaders insisted inflation would start to fall back to toward pre-pandemic levels of 2% or less by the end of this year.

Yet in the past week senior central bank leaders acknowledged inflation could remain high well into 2022 because of ongoing shortages of crucial business supplies and and even labor.”

so “some inflation’?

that’s where the credibility of your assertions evaporated


19 posted on 10/20/2021 10:32:25 AM PDT by Old West Conservative
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To: Old West Conservative

“and you were doing so well with your cherry-picking of economic data points — until you got to the end there”

We are going through some fairly decent times right now irregardless of inflation.

To compare this to a recession is laughable. Jobs are plentiful, The millennial couple down the road just bought their first house at a low interest rate. Not 15-18% like back in the early 80’s.

People are upgrading to higher paying jobs.

Doom and gloomers want to wallow in unhappiness.


25 posted on 10/20/2021 10:37:18 AM PDT by setter
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