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Economies update
2001400ex
Member Posts: 29,457
in Tug Tavern
Market at all time high.
https://www.marketwatch.com/amp/story/u-s-stock-futures-pause-at-record-highs-as-fed-decision-looms-11635845377
Unemployment dropping.
https://www.cnbc.com/2021/11/05/jobs-report-november-2021.html
GDP growth at 2.8%, which is higher than it was in 19.
All great news!! The country is back baby!
https://www.marketwatch.com/amp/story/u-s-stock-futures-pause-at-record-highs-as-fed-decision-looms-11635845377
Unemployment dropping.
https://www.cnbc.com/2021/11/05/jobs-report-november-2021.html
GDP growth at 2.8%, which is higher than it was in 19.
All great news!! The country is back baby!
Comments
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Sounds like things are working then. So why fuck that up with huge spending bills and vaccine mandates to keep your job?
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The stock market is a tool of the rich to exploit average Americans
Employment is up from when? After the democrats crashed the economy?
Again your baseline on growth is after the democrats crashed the economy
Stats this good should have won for the punk, right?
Liars, damn liars, and statistics -
Wages rose 0.4% for the month and were up 4.9% from a year ago.
And inflation is over 6%! -
The government dumping trillions of just created money into the economy does not make a good economy.
Claiming new jobs that you forced out of work isn't a good economy either. -
Real inflation is way up over 6% for the average joe - Food, gas, housing.RaceBannon said:Wages rose 0.4% for the month and were up 4.9% from a year ago.
And inflation is over 6%! -
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The data cherry picker is back!
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For that turkey it's almost 100 percentWestlinnDuck said:
Real inflation is way up over 6% for the average joe - Food, gas, housing.RaceBannon said:Wages rose 0.4% for the month and were up 4.9% from a year ago.
And inflation is over 6%! -
https://kpbs.org/news/local/2021/11/04/new-study-finds-millions-of-workers-are-functionally-unemployed
Officially, California has 1.4 million unemployed residents, but a new study that takes into account people who can’t find jobs that pay above poverty level says the number of “functionally unemployed” is three times higher at 4.8 million.
The analysis by the Ludwig Institute for Shared Economic Prosperity, an organization focused on studying the economic well-being of middle and lower-income Americans, found 25.7% of California workers are functionally unemployed, meaning they are seeking, but unable to find, full-time employment paying above the poverty level. That’s compared to the state’s 7.5% unemployment rate.
Right wing outlet PBS -
Fuel is up over 50% in some places.WestlinnDuck said:
Real inflation is way up over 6% for the average joe - Food, gas, housing.RaceBannon said:Wages rose 0.4% for the month and were up 4.9% from a year ago.
And inflation is over 6%!
