This should scare the sh!t out of every one of us. This guy is in charge of nothing.
Joe Biden Train Wreck
- Thread starter TigerGrowls
- Start date
Study finds just 6% of government workers come to the office full time.
Meanwhile, the BLS reports government workers make fully 40% more than the average American pays their salary.
How did it get this bad?
Simple: an obscure 1883 law made it nearly impossible to fire government workers. So they've built a "Deep State" that holds the people hostage.
It’s very telling that the party who has spent six months telling you that Donald Trump called our troops suckers and losers won’t be having the parents of the 13th service members who died at AbbyGate at their convention because they are speaking at the RNC and giving a full throated endorsement of Donald J Trump.
Dirty dems led by kamalatoe Harris did this.
Nearly $3 trillion has been eliminated from major indices and stocks this morning due to escalating fears of a global recession.
This marks the most severe day for stocks since March 16, 2020, amid the height of COVID-19 pandemic concerns.
Today's Unemployment Rate reading of 4.3% has officially triggered the Sahm Rule, indicating that we have already entered a recession.
Nearly $3 trillion has been eliminated from major indices and stocks this morning due to escalating fears of a global recession.
This marks the most severe day for stocks since March 16, 2020, amid the height of COVID-19 pandemic concerns.
Today's Unemployment Rate reading of 4.3% has officially triggered the Sahm Rule, indicating that we have already entered a recession.
Dow loses more than 800 points as recession fears dent Wall Street sentiment: Live updates
Dems blew it. Yall own it so take it like a man. For the record I want prices to go down which will not happen until we are basically crushed.
What a dramatic little propagandist you are. They STILL added jobs, just not as many as they forecast and the market over-reacted. You can't have a booming jobs report and a decrease in inflation. No credit by you for the booming economy the last few years because of inflation; now you won't give any credit for inflation coming down because the jobs report didn't meet expectations. Tired of your schtick doomsday boy.
They still haven't replaced all the jobs lost during the China virus attack and no amount of phony massage of the stats can change that.
You make this so easy...
"The overall number of jobs rose above pre-pandemic levels in June 2022 and in December 2023 was 5.0 million jobs higher than in February 2020."
JUST IN: U.S. RECESSION UNDERWAY.
According to the Sahm Rule it is.
Named after FED economist Claudia Sahm: a recession is likely if the unemployment rate (3-month avg) rises by 0.5% from its low.
Bloomberg reports it has been triggered.
“Three-month average for the unemployment rate is 4.1%, which is 50bps higher than the 12 month low”
Triggered in every U.S. recession since 1970, with only two false positives (1959 and 1969) which were just premature by a few months.
Probably nothing.
That's odd. Trump seemed to get it done when he was President.
Odd, was that before or after he mismanaged the pandemic worse than Mr. Magoo? Because of his utter incompetence, the pandemic was exponentially worse than it should have been and Biden had to clean up the mess. No matter who succeeded him, we would have had the same issues....and lest we forget, Trump wanted even bigger checks to be sent out.
Many more people died of Covid under Bidens Presidency than during Trumps Presidency.
It's funny how you can explain some subjects professionally but when it comes to a subject that you don't like, you willfully ignore the explanation that we know you understand in order to gaslight people who you think will accept what you say at face value. I'm not that person.
Now feel free to explain why that happened. I'll wait.
Good Morning Everyone! It's tough out there:
- Amazon down -8% after missing earnings
- Intel drops -20% (biggest drop in 24 years), cuts dividend, and lays off 15% of staff
- Snapchat down -30% on revenue miss
"Magnificent 7" swung +$3 trillion in market cap over 3 weeks.
Volatility (VIX) up nearly +20% this week.
Investors are worried FED has been too slow on rate cuts.
Markets now expect 3 consecutive 25 basis-point cuts in Sep, Nov, and Dec.
BUCKLE UP!
Yeah. Market is about to shed 10% or so.
We entered a recession and the democrats have left no one in charge.
We may hit an inflationary spiral soon.
Interest rates coming down. Inflation going up. Recession kicking in.
I wonder what kind of word salad Kammy will toss to fix the economy.
Can the economy by unburdened by what has been done?
Global markets are *MELTING DOWN.*
Japan's NIKKEI had its biggest one day drop IN HISTORY. South Korea's market is nosediving.
NASDAQ is down 10% on the month. S&P posted third straight losing week. U.S. futures are DOWN.
But there is one thing you can be sure of: Joe Biden has NO IDEA what is going on right now.
