“....as economy outperforms” ????
I had the same response...is this for real????
I feel the same
I MUST HAVE A DIFFERENT DICTIONARY
As the market took another dump again today. The market isn’t the economy but things are starting to look like the game, Fallout.
Just for comparison, diarrhea outperforms normal bowel movements in terms of velocity.
Raising rates to quell inflation always slows the economy and leads to higher unemployment and lower output. How can the economy “outperform” in an inflation-fighting high-interest rate era?
Did Bidenomics repeal all economic laws?
Steady as she goes....
USS Bideneconomy is on the way to epic voyages of wealthbuilding.
https://www.youtube.com/watch?v=C8Kou8yN2Yk
“....as economy outperforms” ????
“Economy outperforms” is a euphemism for “Inflation Still Running Rampant”
I assume “economy outperforms” means outperforms expectations. Which is in fact true. Many people were predicting at the beginning of this year that we’d be in a recession around this time. The economy is not great but there is no sign of a recession yet.
Economy outperforms:
Here’s how..
Two Nobel Laureate economists are walking down the sidewalk. They come upon a huge dog turd. The first economist says to the second, “I’ll give you $100 if you eat that.” Second one says, “Well I don’t know but $100 is $100.” And he chows down.
They keep going and come upon another giant steaming pile. Second one says to the first “Now I’ll give YOU $100 if you eat that!” First economist says, “No problem, fork it over”. And he chows down.
They keep going and the Second says to the First, “I don’t think we gained anything: neither of us are ahead and we both ate dog shit.” The First economist says, “Well look on the bright side: We added $200 to the GDP.”
Yeah, consumer spending is stable, but it’s financed by drawing down of savings and increasing use of credit card debt. Soon, student loan payments are on the horizon, credit cards will begin to be maxed out, and savings tapped out. In a couple months, what will people be using to make ends meet?