Seems like some Democrats trying to wreck America like Manchurian Candidate Barack Hussein Obama
Oh yeah....Democrat Joe Biden and
Democrat Kamala Harris
Good thing our Southern Border is secure under Democrat Joe Biden!
All according to plan.
Posted on 10/09/2024 1:04:17 PM PDT by CFW
Many have questioned the accuracy of official inflation statistics, with dozens of academic papers written on the topic and doubts voiced by sources ranging from the New York Times1 to former President Donald Trump.
This matters not only because of the political salience of rising prices, but also because official inflation numbers are used to calculate real economic growth by adjusting nominal dollars to inflation-adjusted dollars.
In this study we aim to quantify some of the more egregious biases in inflation statistics in order to get us closer to a true understanding of inflation since 2019, hence of true economic growth since 2019.
[snip]
The government metrics for inflation suffer from various problems which tend to underestimate the rise in prices over time. These shortcomings have been more pronounced over the last four years during a relatively rapid depreciation of the currency. This study does not attempt to address difficulties concerning measuring the nominal value of economic activity but instead offers an alternative adjustment for converting nominal growth to real growth by more accurately reflecting changes in the cost of living over time.
[snip]
These conclusions are in stark contrast to the establishment narrative that the US economy is enjoying robust growth that for some reason the public is incapable of perceiving. Indeed, our results are consistent with the perceptions of the American public, of whom a majority believe we are in recession.
(Excerpt) Read more at brownstone.org ...
I tend to believe they are correct.
Let me see.. Hmmmm... Who has been in the White House for the past four years?
Of this I have no doubt.
The Yield Curve’s ‘Infallible’ Recession Signal Failed This Time
Oct. 04, 2024 10:35 AM
James Picerno
https://seekingalpha.com/article/4725032-yield-curves-infallible-recession-signal-failed-this-time
Doesn’t this article basically state the yield curve indicator was infact, correct?
...Zero?
This coincides with United States ISM Manufacturing PMI, which shows our manufacturing sector in contraction since Oct 2022. It had been trending down prior to that since Biden took office, albeit still in expansion territory thanks to the Trump administration.
Trying to read and understand this stuff showed how out of date my BS, MBA and this soon to be 86 year old, are.
later
I think there’s some kind of disagreement between the two articles, but I might be wrong.
My prediction is that someone honest will be in charge of the government in 2025.
Further, I predict that the government will then admit that the economic numbers are not good, and that we are in a recession.
Lastly, I predict that the media will trumpet the news that Donald Trump is responsible for the world’s longest recession, which has lasted from 2022 into at least January of 2025.
[Recession Since 2022: US Economic Income and Output Have Fallen Overall for Four Years]
Democrat Joe Bidenomics
*
Easy to believe: In early 2020 Rat Party Governors,with the help of a few Trump hating RINO Governors,brought the economy to its knees with their criminal lock downs in anticipation of the election...and it’s been downhill since then.
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