Conversation
![David Watson 🥑](data:image/svg+xml,<svg xmlns="http://www.w3.org/2000/svg" width="96" height="96"><rect fill-opacity="0"/></svg>)
Post your reply
A lot has obviously been written about how Trump’s tariff and immigration plans could derail that.
Another, related problem is that it’s just very hard to improve on it. There’s lots of room for deterioration, not much room to amp numbers up.
Now…
…if Trump wins, backs off his most extreme economic promises and sticks to tax cuts, he can probably just ride the growth trend and claim success, like in his first term.
But it’s notable that Musk is already warning about short-term ‘hardship.’
Also note: There’s a strong chance Friday’s jobs report will be rough, mostly due to hurricane-related issues. Wouldn’t over-interpret it.
This is the wonky point advocates of big fiscal are really going to be crowing about. The economy isn't just doing well. It's outperforming.
Quote
Jason Furman
@jasonfurman
Another strong GDP report (2.8% in Q3) pushes real GDP even further above the pre-pandemic forecast.
Somewhat unrelated to politics: If you'd told me 5 years ago that I'd have a tweet that included the words "core inflation" do numbers the week before a presidential election, I'd probably have looked at you with terror and bewilderment.
This man will be glad to know I’m citing PCE I guess
Quote
Rob Volatile
@RobVolatile
Replying to @JHWeissmann
You have no idea what you are talking about out or you are flat out lying. You want to get into it?
Let’s look at how inflation is calculated using CPI which is a joke.
Let’s look at the metric being used which is inflation this month compared to inflation the same month last
Show more
U.S. is in recession since 2022 after inflation adjustments, new research shows. Undercounting inflation since 2019 has resulted in overstating economic growth, economists said. Do you agree we are in a recession? Click to vote and see the results.
Right. And if you include energy and food, inflation was only 1.5%.
Quote
LibertyWIBelle
@WKnyphausen
Replying to @JHWeissmann
Core inflation excludes energy and food by definition.
This is a strong economic report going into the election! this is day Dems won the election!
It's insane how strong our economy is and how many countries want our economy and yet how many Americans are so convinced it's garbage that they want to toss it away with universal tariffs and austerity.
Do we ever ask the many thousands of unemployed what they think about the claim of "full employment" ?
This economy is as good as anyone could
Dream of in an immediate post Covid recovery world. We’re leaps and bounds ahead of the rest of the western world
Anyone who’s living in their basement being miserable because the price of eggs went up 2 years ago instead of out
Show more
Good stuff. But the manner at which these things are calculated matters. As does other crucial factors like purchasing power for essentials and working hours / work-life balance and if families need both parents working and age people feel comfortable retiring at and debt levels
Show more
Attempts to increase domestic food production have had only limited success, leaving the Egyptian economy vulnerable to external shocks, economists say.
![](data:image/svg+xml,<svg xmlns="http://www.w3.org/2000/svg" width="1200" height="628"><rect fill-opacity="0"/></svg>)
Americans ready to put fascists in power while we have the world’s best economy. I’ll never understand it.
Inflation in September was 6.2% higher than September 2022; making this a worse 24-month inflation rate than anything seen under Trump when the 2 years change was 4.5% or less.
News Headlines focus on the narrower and incomplete-picture 12 month change.
And republicans go 
Luckily Kamala understands that even though we have a strong economy, not all Americans are feeling it. She has a plan for them too
Luckily Kamala understands that even though we have a strong economy, not all Americans are feeling it. She has a plan for them too
Now for MAGA media like | l l | and the ridiculous Truth Social, these positive economic facts will be hard to share, prior to the election, no?
Interesting statement from Elon Musk regarding the 
economy, if Trump wins.
Show moreeconomy, if Trump wins.
Quote
Maria 
@niamhoran69
Soft comfortable shirt. I've gotten so many high-fives wearing this shirt and people asking where to get it.
I got it from here 
teezily.com/stores/kmmi
teezily.com/stores/kmmi
Inflation compounds. 2.8% on a much higher number!
When are prices going to go down? Answer: Never
Walmart just raised the price of turkey breast 27%. I don't think inflation is down.
"Fell"?
You realize that unless it's a negative number, it still means prices went up by almost 3%.
Cumulative during the Biden administration has been in excess of 20%
Cumulative inflation during the Trump administration was <8%.
Yeah, we're doing great.
Too bad peoples wages still haven’t come close to reaching equilibrium with their newest cost of living which has exploded over the last few years
You need this explained to you??
Meanwhile still having the lowest spending power since the 1970s. Current inflation bleeding means nothing without spending power — so those stats are somewhat pointless.
Harris has no stimulus plan merely more handouts eg 25k down for new home buyers and more of the same from
Show more
Prices are still 25% higher at a minimum. I realize people are stupid and think inflation falling means prices are falling, but it just means the prices going up has slowed… thanks for playing
GTFO there is not low inflation anywhere. Things are stupid high and out of control. I don’t want your bullshit fed made up numbers that says its core flation bullshit. Don’t ever talk again
You have no idea what you are talking about out or you are flat out lying. You want to get into it?
Let’s look at how inflation is calculated using CPI which is a joke.
Let’s look at the metric being used which is inflation this month compared to inflation the same month last
Show more
Unemployment doesn't count people who have fallen out of the workforce, so those numbers aren't accurate. Sorry to say.
Prices haven’t come down. I go grocery shopping and put gas in my car every week. And I couldn’t afford my mortgage at 6.74% but keep repeating these lies if they help you sleep at night.
“The party told you to reject the evidence of your eyes and ears. It was their final,
Show more
That’s 2.2% inflation on the new baseline up over 20% from the past few years. That’s not normal.
“Took awhile” compared to what? Other countries similarly experiencing the pandemic? Please explain.
And the Wall Street Journal summarizes that to me in an email with "U. S. growth slows"
Took a while? This performance and trajectory have been evident for well over a year.
Imagine if the Press accurately covered the economy under Biden. Republicans are only viable because of the Press.
If Trump had been reelected and this was his economy then he, Fox, and most Republicans would be crowing about how great the economy is and what a great job Trump did on the economy.
A robust growth in government employees. Less so in private sector.
Trump/Musk will destroy it.
It is THEIR PROMISE.
Quote
Dave Troy
@davetroy
1/Wake up. This is real. I began reporting on this back in 2021. Musk says it's "necessary" to crash the economy; that will come through debt default. And it's not just him: it's Ron Paul, Russia, and all their allies.
meidasnews.com/news/trump-all
Wake up. This is real. I began reporting on this back in 2021. Musk says it's "necessary" to crash the economy; that will come through debt default. And it's not just him: it's Ron Paul, Russia, and all their allies.
meidasnews.com/news/trump-all
Employment stats are cooked lol
Nothing about this economy is real
That doesn't reverse the other three years of this administration, stupid.
Trump is going to crash this good economy
it's not low inflation. It's still very high. You're talking about the rate of increase. Still going up.
You could raise inflation from $100 to $200 for groceries, then only raise it 2% in a year up to $204. That's still much higher than $100 where you started.
NYT: And this is bad for Biden-Harris because they've overachieved and produced stable excellence.
$GOOGL $SNAP $RDDT are all reporting after today's market close
and hosted an impromptu Comms #WrapCall to update subscribers with additional data and field notes ahead of these important prints.
Click here to get access: hedgeyetv.com/m/QZt1m6sN/com
and hosted an impromptu Comms #WrapCall to update subscribers with additional data and field notes ahead of these important prints.
Click here to get access: hedgeyetv.com/m/QZt1m6sN/com
It always takes a long time to get there because that's how Republicans design it. They didn't agree to Obama's or Biden's full plan to fix everything so the fix would come slowly. Then they claim credit for fixing everything when their gaslighting gets them elected.
We saw what happened when Trump’s plans were implemented - the collapse of businesses pre-pandemic
You can spin it all you want but you got a lot more gas/food/lodging with $100 during Trump than you do today and it’s not even close. And we see it every single day at said establishments. Sure we can just ignore what we see with our own eyes and “listen to the experts” but we
Show more
Wow that is an impressive amount of bull 
.
Please show your work. The data used to support those numbers. The actual data of what was included in the calculation. Please show your work. If you have nothing to hide you should have no problem showing this. I don’t think you
.
Please show your work. The data used to support those numbers. The actual data of what was included in the calculation. Please show your work. If you have nothing to hide you should have no problem showing this. I don’t think youShow more
What’s being done about the debt?
Taxpayers work an entire month, for free, just to pay interest on a debt that has no sign of slowing down. And that was 2 years ago.
Quote
Geiger Capital
@Geiger_Capital
You’re witnessing the best economy $4.2 Trillion in new debt in 15 months can buy.
And we had a $1.8 trillion annual deficit. This isn't a great economy, it's an economy that's running out of the free money poured over it from the Biden administration.
This actually worries me. It is a pattern that whenever the economy goes into a nosedive, Democrats were elected to fix the mess and rebuild it. When the economy is no longer an issue, Americans turned to social wedge issues and they choose Republican and the cycle repeats.
I don't trust any data coming out of The Hostile Ocuppied United States Government.
They've been caught faking Jobs, Crime and Economic Numbers. They literally re-defined "Recession" to avoid talking about it.
The current Establishment Blob is no different from a Soviet Admin.
Prices are still up 25% after your heroes caused record inflation
shut the fuck up. your jobs are all to illegals. wages are down. and it cost me 200 dollars to get 6 groceries bags of food. get the fuck outta here with your bs
People need to understand that we have to keep the momentum going by electing Harris. Changing the administration at this point will halt the economic recovery.
GDP fell short again last quarter. Government jobs don't count. Wages have not kept up with inflation