WSJ: The Economy Is Absolutely Roaring - At Least For Now

Page 3 - Seeking answers? Join the AnandTech community: where nearly half-a-million members share solutions and discuss the latest tech.

SP33Demon

Lifer
Jun 22, 2001
27,929
142
106
A Canadian dollar is worth about 33% LESS than a US dollar you crazy idiot. Way to destroy your own argument.

Odds you admit you were wrong and change your mind? Maybe 1-2%. We're still waiting on you to admit your own source for global warming 'data tampering' owned you, after all.
You know what I meant. And we're still waiting on you to bet me that Trump won't win 2020. womp womp!
 

fskimospy

Elite Member
Mar 10, 2006
84,812
49,499
136
You know what I meant. And we're still waiting on you to bet me that Trump won't win 2020. womp womp!

No, I don't know what you meant, I want you to explain it to me.

Are you saying that you meant the Canadian dollar is worth less than the US dollar? If so the rest of your post makes little sense as 'standing up for your money' generally means supporting its value, not decreasing it.

The most likely answer is that you're dumb and didn't know what you're talking about. Is that what you meant?
 
Reactions: Meghan54
Nov 25, 2013
32,083
11,718
136
Wait, so how much is a canadian dollar worth vs US dollar? 1.33:1? Yup. 33% more. That's exactly why we can demand that other countries end their BS tariffs on our goods. It's an eye for an eye now. Have you read how much many of these countries are charging us for certain goods? It's horseshit. When we retaliate, all of a sudden they're "pissed" and "bullied"? Are you serious? Grow some balls like the Donald and stand up for your money or don't stand up at all.


Oh, jeez but you are dumb. The whole post has absolutely no connection to reality but the bolded is just too much fun. You don't know what the fuck you're talking about and you do it with such panache. Bravo.
 
Reactions: Meghan54

SP33Demon

Lifer
Jun 22, 2001
27,929
142
106
debate... lol, this guy.
ANYONE who calls trump 'the donald' has no place in a reasonable, rational debate.
Everyone calls him the Donald. I don't see your point. And who cares, the economy is roaring and now more white males are switching parties. Life is good.
 
Nov 25, 2013
32,083
11,718
136
Everyone calls him the Donald. I don't see your point. And who cares, the economy is roaring and now more white males are switching parties. Life is good.

The only people who call him 'the Donald' are idiots and sycophants.

Damn bunky, you managed a twofer. Cool.
 

Muse

Lifer
Jul 11, 2001
37,841
8,306
136
Whoa! When the WSJ says we're flying it is probably time to sell. That's the way things go.
 

DrunkenSano

Diamond Member
Aug 8, 2008
3,892
490
126
https://www.bbc.com/news/business-44736670

he US economy created a higher-than-expected 213,000 jobs last month, official figures show.

The figures for April and May were also revised up, showing that 37,000 more jobs were created in these months than previously estimated.

The unemployment rate ticked up to 4% from 3.8%, but this was because more people entered the labour force looking for work.

The annual increase in average hourly earnings remained unchanged at 2.7%.

Job growth is a good sign but there are two scary items as well. Unreported unemployment, just how many people are actually unemployed in this country but just not reporting it? Second is the average hourly earnings. It's pitiful and really needs to jump up a couple of tiers. Maybe enforce a cap on how much profit a company or business can earn with an equation that depends on how much they pay their employees, the benefits provided to their employees, etc.
 

thraashman

Lifer
Apr 10, 2000
11,084
1,505
126
DOW Jones closing December 29 2017 - 24719.22, DOW Jones as of time of this post - 24,325.83.
Once anything Donnie did actually started having an effect, the stock market actually started going down. He rode the wave of Obama's good policies, then fucked it all up like the incompetent twat he is.
 

fskimospy

Elite Member
Mar 10, 2006
84,812
49,499
136
https://www.bbc.com/news/business-44736670

Job growth is a good sign but there are two scary items as well. Unreported unemployment, just how many people are actually unemployed in this country but just not reporting it? Second is the average hourly earnings. It's pitiful and really needs to jump up a couple of tiers. Maybe enforce a cap on how much profit a company or business can earn with an equation that depends on how much they pay their employees, the benefits provided to their employees, etc.

This report is basically the same report for Obama's last two years in office. Job growth is slightly slower now than it was under Obama as is wage growth. Both are still steady and positive though so things are improving, just slowly.
 

fskimospy

Elite Member
Mar 10, 2006
84,812
49,499
136
4% GDP growth coming?

Most likely yes, for a quarter or two before it drops below what it would have been otherwise.The GOP has been engaging in absolutely massive fiscal stimulus this year, greater than any stimulus Obama enacted in response to the financial crisis. That should give us a sugar high for the next few quarters but since the multipliers are far, far below 1 at this point they are ultimately making us poorer.

I know you've been an opponent of stimulus spending in the past, so presumably you strongly oppose the current fiscal stimulus taking place. Is that correct?
 
Reactions: Jaskalas
Nov 30, 2006
15,456
389
121
Most likely yes, for a quarter or two before it drops below what it would have been otherwise.The GOP has been engaging in absolutely massive fiscal stimulus this year, greater than any stimulus Obama enacted in response to the financial crisis. That should give us a sugar high for the next few quarters but since the multipliers are far, far below 1 at this point they are ultimately making us poorer.

I know you've been an opponent of stimulus spending in the past, so presumably you strongly oppose the current fiscal stimulus taking place. Is that correct?
Who's telling you this...Krugman?
 

fskimospy

Elite Member
Mar 10, 2006
84,812
49,499
136
Who's telling you this...Krugman?

Huh? No, that's what basically all economists say. Also, Krugman is 100% right there. He wasn't saying that we couldn't get above 3% GDP growth if we engaged in massive stimulus, he was saying that we likely can't get back to sustainable 3% GDP growth due to demographic trends. Simply put, due to the boomers retiring we're going to see a lot of people exiting the labor force and that drags on growth. Ironically if we wanted to get back to consistent 3% growth we should probably be encouraging lots of immigration... oops.

Regardless, you're deflecting. It is undeniable that the GOP is engaging in large scale fiscal stimulus right now. (remember the tax cuts and jacked up spending?) You opposed fiscal stimulus in a recession under Democrats, do you oppose fiscal stimulus now? Yes or no?
 
Reactions: Jaskalas

Vic

Elite Member
Jun 12, 2001
50,415
14,307
136
Quoted for truth later... we'll see if you agree who gets credit when the bubble pops (lemme guess...it was Obama's bubble in the first place!)
Of course they're going to credit Trump for the economy that was already booming long before he took office, and then blame Obama for any recession that occurs while Trump is in office. They already did almost the exact same back in 2009 for the recession of 2007. It's just how their shameless lying hypocrisy works.
 

fskimospy

Elite Member
Mar 10, 2006
84,812
49,499
136
Of course they're going to credit Trump for the economy that was already booming long before he took office, and then blame Obama for any recession that occurs while Trump is in office. They already did almost the exact same back in 2009 for the recession of 2007. It's just how their shameless lying hypocrisy works.

It’s important to give Trump credit where it’s due. Just look at this jobs chart from 2009 to present. You can clearly see how the economy really took off when Trump became president.



Better chart.
 
Last edited:

Jhhnn

IN MEMORIAM
Nov 11, 1999
62,365
14,681
136
Huh? No, that's what basically all economists say. Also, Krugman is 100% right there. He wasn't saying that we couldn't get above 3% GDP growth if we engaged in massive stimulus, he was saying that we likely can't get back to sustainable 3% GDP growth due to demographic trends. Simply put, due to the boomers retiring we're going to see a lot of people exiting the labor force and that drags on growth. Ironically if we wanted to get back to consistent 3% growth we should probably be encouraging lots of immigration... oops.

Regardless, you're deflecting. It is undeniable that the GOP is engaging in large scale fiscal stimulus right now. (remember the tax cuts and jacked up spending?) You opposed fiscal stimulus in a recession under Democrats, do you oppose fiscal stimulus now? Yes or no?

It's just a cash grab looting spree on the Treasury. Borrow from the Rich to give it back to them as tax cuts while hobbling the power of govt with greater debt.
 
sale-70-410-exam    | Exam-200-125-pdf    | we-sale-70-410-exam    | hot-sale-70-410-exam    | Latest-exam-700-603-Dumps    | Dumps-98-363-exams-date    | Certs-200-125-date    | Dumps-300-075-exams-date    | hot-sale-book-C8010-726-book    | Hot-Sale-200-310-Exam    | Exam-Description-200-310-dumps?    | hot-sale-book-200-125-book    | Latest-Updated-300-209-Exam    | Dumps-210-260-exams-date    | Download-200-125-Exam-PDF    | Exam-Description-300-101-dumps    | Certs-300-101-date    | Hot-Sale-300-075-Exam    | Latest-exam-200-125-Dumps    | Exam-Description-200-125-dumps    | Latest-Updated-300-075-Exam    | hot-sale-book-210-260-book    | Dumps-200-901-exams-date    | Certs-200-901-date    | Latest-exam-1Z0-062-Dumps    | Hot-Sale-1Z0-062-Exam    | Certs-CSSLP-date    | 100%-Pass-70-383-Exams    | Latest-JN0-360-real-exam-questions    | 100%-Pass-4A0-100-Real-Exam-Questions    | Dumps-300-135-exams-date    | Passed-200-105-Tech-Exams    | Latest-Updated-200-310-Exam    | Download-300-070-Exam-PDF    | Hot-Sale-JN0-360-Exam    | 100%-Pass-JN0-360-Exams    | 100%-Pass-JN0-360-Real-Exam-Questions    | Dumps-JN0-360-exams-date    | Exam-Description-1Z0-876-dumps    | Latest-exam-1Z0-876-Dumps    | Dumps-HPE0-Y53-exams-date    | 2017-Latest-HPE0-Y53-Exam    | 100%-Pass-HPE0-Y53-Real-Exam-Questions    | Pass-4A0-100-Exam    | Latest-4A0-100-Questions    | Dumps-98-365-exams-date    | 2017-Latest-98-365-Exam    | 100%-Pass-VCS-254-Exams    | 2017-Latest-VCS-273-Exam    | Dumps-200-355-exams-date    | 2017-Latest-300-320-Exam    | Pass-300-101-Exam    | 100%-Pass-300-115-Exams    |
http://www.portvapes.co.uk/    | http://www.portvapes.co.uk/    |