I can't wait to see the mental gymnastics performed by the White House to explain how and why this is joe biden's fault.
All of the various findings, articles, videos, pictures, and other stuff I dig up on the web. Anything on this site was posted by me. Any opinion expressed here is only my own
Showing posts with label economy. Show all posts
Showing posts with label economy. Show all posts
2025/03/28
somehow this is sleep Joe's fault
2025/03/13
jobless numbers out
It is only a matter of time before the numbers are made up and the math don't math any more.
We will see how long the strong Biden economy can withstand Drump.
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https://apnews.com/article/unemployment-benefits-jobless-claims-layoffs-labor-20896cf1a39e70fd335f9e5e59bf8fe6
2025/03/11
energy taxes affected by tariffs
The Reddit post discusses a 25% increase in electricity exports from Ontario to the United States in response to U.S. trade policies under former President Trump. However, the post was removed by the moderators of the r/Maine subreddit for not being directly related to Maine. Some users still mentioned that while the issue is not directly linked to Maine, New Brunswick, which is closer to Maine, plays a significant role in electricity imports for the state.
2024/04/15
these surveys are so stupid
Where do they get data like this? Who's only paying $300 a month for child care? Especially those who have to have infants cared for. This surveys are wildly out of touch with reality
https://finance.yahoo.com/news/we-are-in-a-crisis-now-childcare-costs-outpace-inflation-133034183.html
Costs for day care and preschools ran higher than headline inflation in March, but parents have been struggling with this issue for years.
2020/10/01
The "V" shaped recovery
is going to turn into a very extended "w" soon, IMO.
https://www.bloomberg.com/news/articles/2020-09-30/airlines-near-50-000-job-cuts-as-american-united-feel-squeeze
https://www.bloomberg.com/news/articles/2020-09-30/disney-shell-cuts-mark-warning-sign-for-global-economic-rebound
https://www.businessinsider.com/kpmg-layoffs-1400-employees-professional-services-struggle-job-cuts-2020-9
https://finance.yahoo.com/news/will-white-collar-layoffs-short-circuit-recovery-morning-brief-101027523.html
2020/05/20
Party like it's 2008
https://www.propublica.org/article/whistleblower-wall-street-has-engaged-in-widespread-manipulation-of-mortgage-funds
6 is a very small number to claim wide spread fraud, but maybe it is enough to take a bigger look???
"""
ProPublica closely examined six loans that were part of CMBS in recent years to see if their data resembles the pattern described by the whistleblower. What we found matched the allegations: The historical profits reported for some buildings were listed as much as 30% higher than the profits previously reported for the same buildings and same years when the property was part of an earlier CMBS.
"""
2020/05/14
Populism Round 2.0
https://www.washingtonpost.com/opinions/2020/05/12/pandemic-will-fuel-populism-that-sent-trump-white-house/
The brunt of the damage is not being borne by the elites who work in the information economy but by those at the middle and the bottom of the economic ladder — the forgotten Americans who were finally doing better under President Trump until this crisis arrived. Before the pandemic, the U.S. economy had added a half-million manufacturing jobs and low-wage workers.......
2020/04/30
Jobs situation worse than advertised
https://www.bloomberg.com/opinion/articles/2020-04-30/jobs-collapse-is-deeper-than-the-government-says
So, does this mean in reality almost half are unemployed now?
The most recent government data are for mid-March, and report a 72.7% employment rate for 18- to 64-year-olds. As of mid-April, according to RPS, this rate dropped to 55.8%. That stunning 23% decline marks the lowest employment rate for the U.S. since 1962.
So, does this mean in reality almost half are unemployed now?
The most recent government data are for mid-March, and report a 72.7% employment rate for 18- to 64-year-olds. As of mid-April, according to RPS, this rate dropped to 55.8%. That stunning 23% decline marks the lowest employment rate for the U.S. since 1962.
2020/03/23
Democrats demands
https://www.nytimes.com/2020/03/23/opinion/republicans-coronavirus.html
Who knew that trying to actually help Americans would be considered obstructionist.
2020/03/16
An utter buffoon
Watching this is painful.
https://finance.yahoo.com/news/stock-market-news-live-updates-march-16-2020-220735000.html
He is unable to simply read something and move on.
2020/03/09
2019/10/19
hurting the poor again
https://www.cnn.com/2019/10/16/politics/trump-food-stamps-school-lunches/index.html
Republicans gutting public aid again. Seems as if drumpf still has some use for the Republican agenda.
2019/10/15
Global growth down
https://finance.yahoo.com/news/imf-world-economic-outlook-slowest-global-growth-since-crisis-130017182.html
The IMF advises that growth will be down on many advanced nations. Their outlook for the US is better than expected by the Fed, but is still below Drumpf's promise of 4%. Too bad he will never learn that their are different leadership needs depending on the position. You cant bludgeon your way through everything.
2019/10/02
The new financial meltdown
https://jalopnik.com/americas-auto-loan-debt-is-truly-out-of-control-1838713860
2019/09/11
Targeting the Gig Economy
In California, Gig Workers Are About to Become Employees
https://www.wired.com/story/california-gig-workers-become-employees
It will be interesting to see how this turns out.
2019/09/09
Recession Looming
It does beg the question though, that if we keep talking about it, do we bring it about?
a-manufacturing-recession-could-cost-trump-a-second-term
In 22 states—including electorally important ones like Wisconsin and Pennsylvania—the number of people working in factories actually fell in the first seven months of this year, according to figures compiled by the Economic Innovation Group, a think tank.
This isn’t what Trump promised. From his trade policy to tax cuts and deregulation, his grand economic vow was to bring factories home. By unraveling trade deals such as Nafta, taking on China, and deploying tariffs like economic cruise missiles, Trump’s “America First” agenda was supposed to boost growth in an iconic sector of the economy.
a-manufacturing-recession-could-cost-trump-a-second-term
In 22 states—including electorally important ones like Wisconsin and Pennsylvania—the number of people working in factories actually fell in the first seven months of this year, according to figures compiled by the Economic Innovation Group, a think tank.
This isn’t what Trump promised. From his trade policy to tax cuts and deregulation, his grand economic vow was to bring factories home. By unraveling trade deals such as Nafta, taking on China, and deploying tariffs like economic cruise missiles, Trump’s “America First” agenda was supposed to boost growth in an iconic sector of the economy.
2019/08/20
just for show
I can't help but think this is not as altruistic as this article makes it seem.
https://www.bloomberg.com/news/articles/2019-08-19/jpmorgan-s-dimon-among-ceos-rejecting-shareholder-centric-model
2019/08/10
election time is coming
https://www.bloomberg.com/news/articles/2019-08-07/farm-discontent-bubbles-over-as-perdue-confronted-in-minnesota
only time will tell if this actually turns into less support for trump, or will his constant boogeyman approach to immigration will still work.
it's almost recession time
https://www.bloomberg.com/news/articles/2019-08-08/u-s-recession-odds-pick-up-as-economists-cut-growth-estimates
2019/07/30
budget gap grows
https://www.bloomberg.com/news/articles/2019-07-11/u-s-budget-gap-widens-to-747-billion-in-9-months-through-june
Trump once said he would eliminate the $22 trillion federal debt, but the annual budget deficit is on track to top $1 trillion a year -- swollen by bipartisan spending increases and his tax cuts -- with no real expectation of a change in trajectory any time soon.
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