ROARING ECONOMY!!
Comments
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Competition and markets produce losers.
Who knew?
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Somewhat agree that a lot of those businesses are either bad or the pandemic's assault on retail accelerated their slow demise.
A lot of the tech companies were over-hiring entry level people.
UPS is trying to modernize themselves, there's just less labor needed for a modern system. Even though they're terrible at it so far.
Still doesn't mean that this isn't the worst administration possible to manage/fix the economy. Don't see how they can possibly overcome their management of it the last 3 years.
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Lol, the economy is growing at 1.6%.
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Competition distorted and stifled by the government sucks
Agree
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Nobody is a bigger capitalist than the dazzler. If you define capitalism as a government controlled economy.
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"manage" the economy?
We don't live in a command economy.
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Newsflash, yes we do.
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Christ.
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A laid off Keystone XL pipeline worker would disagree. A bankrupt gym owner due to his business being shut down would also disagree. When the government controls health care and the US energy sector and then declares that Milton Friedman isn't in charge anymore and you have to hire based on skin color you have a command economy.
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H is triggered because the FTC is killing non-competes.
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What was the goal?
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Interesting take.
The State of Washington basically did something similar four years ago.
I'm triggered because . . .
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Not full commie, but this administration loves to pick winners and losers
Just like the Dimocrats and RINOs crashed the economy four years ago to make Trump look bad. Then they love to take credit for the "recovery."
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I assume not 1.6.
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Interest rates stay the same due to continuing inflation
Caused by the free market no doubt
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True. Healthy growth in a mature industrial economy would be 2-3% according to many/most economists. So, a little short of that.
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Moron keeps posting this without ever even acknowledging governmental regulations, mandates, or subsidies that choose winners and losers.
Never has once mentioned the economic impact of his Covid shutdowns, either.
H is just an all-around piece of shit.
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Degree in Economics, uh huh.
You’re too old to keep up this ruse of being some accomplished academic , Fatty. Why do you do it? Same reason Biden does is my guess.
“My stalker”
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Printing trillions of dollars to increase inflation and then increasing government spending which accounts for growth isn’t a “healthy economy,” Retard.
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So in other words, between 20-45% lower than healthy.
Time for Victory Gin!
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Fed spending alone is 1/4th to 1/3rd of GDP now.
China by ccomparison has 1/8th to 1/6th of gdp from their national government.
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Or 4/10ths of one percent below the healthy range . . . for the quarter.
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Or growth of $10.9B
vs Healthy growth of $13.6B-$20.5B
You can go back to thanking big brother for lowering the price of chocolate.
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If you are successful and live in a blue state, your individual marginal federal and state income tax is 50% or higher. That means the government is your 50-50 partner in most new ordinary income you generate.
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We can tax and regulate our way to 2%!!!!!!!
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50/50
So, the equivalent of the highest marginal Federal rate by itself after passage of the ERTA of 1981.
terrifying
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for the quarter
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Or we could look at history and conclude if you try to cool inflation you get some economic cooling as well.
I know: you girls want 12% growth and zero inflation. Good luck with that.
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For the quarter- or projected out over the year:
Actual growth of $43.6B
vs Healthy growth of $54.4B-$82B
I didn't bother to compound the number quarterly because you're so far behind in the race you're about to be lapped.
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We girls will take the 4.1% GDP growth in 2019 and the 1.8% inflation rate and the 3.7% mortgage rate. You suck at this.
