IronWing
No Lifer
- Jul 20, 2001
- 72,382
- 32,960
- 136
Brainonska511
Lifer
- Dec 10, 2005
- 28,050
- 12,660
- 136
Nothing says "Democracy" like a room that looks like a cheap knockoff of an Enlightenment-era monarch's palace.
Pens1566
Lifer
- Oct 11, 2005
- 13,475
- 10,922
- 136
Generic selection polling is a fucking stupid way to predict how 435 individual elections are going to turn out. Especially when every similar poll is also usually accompanied by an answer of "except my local congressman ..." of some variant.
I am getting the scene in inglorious bastards movie theater scene
K1052
Elite Member
- Aug 21, 2003
- 52,036
- 44,970
- 136
Well Trump might get his wish for the Fed to start cutting but it's gonna be cause the labor market has actually stalled out.
Revisions to the last two months wiped out the gains and July's number is significantly below expectations.
Revisions to the last two months wiped out the gains and July's number is significantly below expectations.
Pens1566
Lifer
- Oct 11, 2005
- 13,475
- 10,922
- 136
Brainonska511
Lifer
- Dec 10, 2005
- 28,050
- 12,660
- 136
That seems like a... substantial adjustment. Being off by an order of magnitude? Is that typical?
K1052
Elite Member
- Aug 21, 2003
- 52,036
- 44,970
- 136
Sometimes the revisions can be large and to the upside also. This is not however a good signal about the health of the labor market.
K1052
Elite Member
- Aug 21, 2003
- 52,036
- 44,970
- 136
I was talking to a guy a couple weeks ago whose family decided to close and sell their previously profitable almost 100 year old manufacturing concern because of input tariffs and terrifying levels of uncertainty. Old dude running it had maybe another 5-7 years left in him before handing off to the next generation. Now they've cashed out.
K1052
Elite Member
- Aug 21, 2003
- 52,036
- 44,970
- 136
Fed board gets to weigh that against what looks like a rapidly deteriorating labor market.
Is that why they held rates steady this week (yesterday), knowing about the job market? You do realize there are a lot of jobs that are being cut due to tax changes, or rather exemtions/classifications that have expired, right? Specially in the software, IT, and tech industery, not just what the asshole in the white house has caused.
Last edited:
K1052
Elite Member
- Aug 21, 2003
- 52,036
- 44,970
- 136
No, they didn't have this info. Even if they had it I think they just say they will cut in September probably.
Yes they did, and they have said they will probably do cuts before and never do. They already said they would have cut interest rates already if it wasn't for Trump's Tarrifs. What does that tell you about what is the biggest influencer of the rates right now? It's not the job market. In fact, if you recall, they wanted the job market to slow, when they where raising interest rates. Which never happened until Trump took office.
Core inflation is trending upwards rapidly now, which is something they were probably looking at.
MomentsofSanity
Lifer
- Jan 25, 2011
- 17,019
- 9,466
- 146
Well looks like the Corporation for Public Broadcasting is shutting down.
www.thewrap.com
Corporation for Public Broadcasting to Shut Down After Trump-Backed Funding Cuts
The Corporation for Public Broadcasting, which allocates funds to NPR and PBS, said it has started an "orderly wind-down" of its operation
www.thewrap.com
Brainonska511
Lifer
- Dec 10, 2005
- 28,050
- 12,660
- 136
I think Republicans and much of the American public doesn't understand Chesterton's Fence, and they definitely don't understand that the systems that have made us all so prosperous didn't come to be on their own. People did stuff to make that happen through government spending and government agencies specifically set up to do these things.Well looks like the Corporation for Public Broadcasting is shutting down.
Corporation for Public Broadcasting to Shut Down After Trump-Backed Funding Cuts
The Corporation for Public Broadcasting, which allocates funds to NPR and PBS, said it has started an "orderly wind-down" of its operation
Yeah. It was kind of charity that gave itself many times over and we know how charitable these pathetic repugs are. They just want to live like the kings of dark ages and watching misery all around them.
The GOP are advising Republicans to avoid town halls, which is a cowardly but somewhat crafty tactic. However, Byron Steil of Wisconsin decided to take a shot, and it didn’t go well.
www.rawstory.com
'You're not the right fit for us anymore': GOP lawmaker runs into buzzsaw at town hall
Despite warnings from the House GOP leadership to avoid holding town halls during the summer break, Rep. Bryan Stiel (R-WI) decided to give it a shot on Thursday night — and was promptly showered with boos and told that he is "an embarrassment" to the state for supporting Donald Trump.On Friday...
www.rawstory.com
Brainonska511
Lifer
- Dec 10, 2005
- 28,050
- 12,660
- 136
I'm sure this will do wonders for business confidence. Don't like the statistics that come out, just fire the stars guy. Republicans just don't want to live in reality.
Next report we will have added eleventy billion jobs in one month. Most tremendous numbers ever, no one has had better numbers than Trump. Thank you for your attention to this matter.
I'm sure this will do wonders for business confidence. Don't like the statistics that come out, just fire the stars guy. Republicans just don't want to live in reality.
In the future we won't be able to trust job numbers:
(also they are reducing the budget so it will be even more difficult to get accurate numbers but i'm sure trump team will make up some whoppers)
(also they are reducing the budget so it will be even more difficult to get accurate numbers but i'm sure trump team will make up some whoppers)
TRENDING THREADS
-
Discussion Zen 5 Speculation (EPYC Turin and Strix Point/Granite Ridge - Ryzen 9000)- Started by DisEnchantment
- Replies: 25K
-
Discussion Intel Meteor, Arrow, Lunar & Panther Lakes Discussion Threads
- Started by Tigerick
- Replies: 21K
-
Discussion Intel current and future Lakes & Rapids thread- Started by TheF34RChannel
- Replies: 23K
-
-
Facebook
Twitter