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arts / rec.arts.tv / The Fed to raise interest rate again.

SubjectAuthor
* The Fed to raise interest rate again.trotsky
+* Re: The Fed to raise interest rate again.moviePig
|+- Re: The Fed to raise interest rate again.chromebook test
|+- Re: The Fed to raise interest rate again.trotsky
|`* Re: The Fed to raise interest rate again.BTR1701
| +* Re: The Fed to raise interest rate again.anim8rfsk
| |`* Re: The Fed to raise interest rate again.BTR1701
| | +- Re: The Fed to raise interest rate again.moviePig
| | `- Re: The Fed to raise interest rate again.trotsky
| +* Re: The Fed to raise interest rate again.moviePig
| |+* Re: The Fed to raise interest rate again.BTR1701
| ||`* Re: The Fed to raise interest rate again.moviePig
| || +* Re: The Fed to raise interest rate again.BTR1701
| || |+* Re: The Fed to raise interest rate again.moviePig
| || ||+* Re: The Fed to raise interest rate again.BTR1701
| || |||`* Re: The Fed to raise interest rate again.moviePig
| || ||| `* Re: The Fed to raise interest rate again.BTR1701
| || |||  +- Re: The Fed to raise interest rate again.moviePig
| || |||  `- Re: The Fed to raise interest rate again.trotsky
| || ||`- Re: The Fed to raise interest rate again.trotsky
| || |`- Re: The Fed to raise interest rate again.trotsky
| || `- Re: The Fed to raise interest rate again.trotsky
| |`- Re: The Fed to raise interest rate again.trotsky
| +- Re: The Fed to raise interest rate again.Adam H. Kerman
| +* Re: The Fed to raise interest rate again.Rhino
| |`- Re: The Fed to raise interest rate again.moviePig
| `- Re: The Fed to raise interest rate again.trotsky
+- Re: The Fed to raise interest rate again.trotsky
+* Re: The Fed to raise interest rate again.BTR1701
|+* Re: The Fed to raise interest rate again.moviePig
||`* Re: The Fed to raise interest rate again.BTR1701
|| `- Re: The Fed to raise interest rate again.trotsky
|+- Re: The Fed to raise interest rate again.suzeeq
|+- Re: The Fed to raise interest rate again.trotsky
|`* Re: The Fed to raise interest rate again.The Horny Goat
| `* Re: The Fed to raise interest rate again.Eddie Grove
|  +- Re: The Fed to raise interest rate again.trotsky
|  `* Re: The Fed to raise interest rate again.The Horny Goat
|   +- Re: The Fed to raise interest rate again.Your Name
|   `- Re: The Fed to raise interest rate again.Eddie Grove
`- Re: The Fed to raise interest rate again.trotsky

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The Fed to raise interest rate again.

<1705f14f32bd4852$4623$1683757$c4d58e68@news.newsdemon.com>

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 by: trotsky - Thu, 28 Jul 2022 08:35 UTC

The Fed is raising the interest rate again. Republicans are outraged
because that means the Fed is raising the interest rate!!

Re: The Fed to raise interest rate again.

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 by: moviePig - Thu, 28 Jul 2022 13:23 UTC

On 7/28/2022 4:35 AM, trotsky wrote:
> The Fed is raising the interest rate again.  Republicans are outraged
> because that means the Fed is raising the interest rate!!

Lauren Boebert says we should raise everything else, just to keep up.

Re: The Fed to raise interest rate again.

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 by: chromebook test - Thu, 28 Jul 2022 14:16 UTC

On Thursday, July 28, 2022 at 9:23:09 AM UTC-4, moviePig wrote:
> On 7/28/2022 4:35 AM, trotsky wrote:
> > The Fed is raising the interest rate again. Republicans are outraged
> > because that means the Fed is raising the interest rate!!

> Lauren Boebert says we should raise everything else, just to keep up.

I've come here to give you a hand
And lead you into the promised land, so…

https://www.youtube.com/watch?v=JAFyvePcR_o

-------------

https://www.lrb.co.uk/the-paper/v28/n06/john-mearsheimer/the-israel-lobby

Re: The Fed to raise interest rate again.

<17061afc587e10bc$1$965318$ad54064@news.newsdemon.com>

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 by: trotsky - Thu, 28 Jul 2022 21:19 UTC

On 7/28/2022 8:23 AM, moviePig wrote:
> On 7/28/2022 4:35 AM, trotsky wrote:
>> The Fed is raising the interest rate again.  Republicans are outraged
>> because that means the Fed is raising the interest rate!!
>
> Lauren Boebert says we should raise everything else, just to keep up.
>

And to her that makes actual sense. Perfect for the GQP.

Re: The Fed to raise interest rate again.

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 by: trotsky - Thu, 28 Jul 2022 21:30 UTC

On 7/28/2022 9:54 AM, RichA wrote:
> On Thursday, 28 July 2022 at 04:36:05 UTC-4, gmsin...@gmail.com wrote:
>> The Fed is raising the interest rate again. Republicans are outraged
>> because that means the Fed is raising the interest rate!!
>
> Idiot unions are screeching for 7-10% pay increases, furthering inflation.

"Furthering" it by how much? Grow a pair of testicles and say something
consequential.

> You could see a situation like in 1979 where interest rates hit 13%.

No you couldn't Ask any economist.

> Imagine trying to buy a $50k car or $1M home at that level of interest...

Sorry, eunuch, mental masturbation isn't my thing. That's more for the
right wing.

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 by: BTR1701 - Thu, 28 Jul 2022 22:35 UTC

On Jul 28, 2022 at 6:23:03 AM PDT, "moviePig" <pwallace@moviepig.com> wrote:

> On 7/28/2022 4:35 AM, trotsky wrote:
>> The Fed is raising the interest rate again.  Republicans are outraged
>> because that means the Fed is raising the interest rate!!
>
> Lauren Boebert says we should raise everything else, just to keep up.

https://twitter.com/RNCResearch/status/1552397291012722688?s=20&t=MAd12ZcMDiqyUvftrk0_jA

They think you're stupid.

Re: The Fed to raise interest rate again.

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 by: anim8rfsk - Thu, 28 Jul 2022 22:45 UTC

BTR1701 <atropos@mac.com> wrote:
> On Jul 28, 2022 at 6:23:03 AM PDT, "moviePig" <pwallace@moviepig.com> wrote:
>
>> On 7/28/2022 4:35 AM, trotsky wrote:
>>> The Fed is raising the interest rate again.  Republicans are outraged
>>> because that means the Fed is raising the interest rate!!
>>
>> Lauren Boebert says we should raise everything else, just to keep up.
>
>
https://twitter.com/RNCResearch/status/1552397291012722688?s=20&t=MAd12ZcMDiqyUvftrk0_jA
>
> They think you're stupid.
>

Can she possibly think he’s as stupid as she is?

--
The last thing I want to do is hurt you, but it is still on my list.

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 by: moviePig - Fri, 29 Jul 2022 02:36 UTC

On 7/28/2022 6:35 PM, BTR1701 wrote:
> On Jul 28, 2022 at 6:23:03 AM PDT, "moviePig" <pwallace@moviepig.com> wrote:
>
>> On 7/28/2022 4:35 AM, trotsky wrote:
>>> The Fed is raising the interest rate again.  Republicans are outraged
>>> because that means the Fed is raising the interest rate!!
>>
>> Lauren Boebert says we should raise everything else, just to keep up.
>
>
> https://twitter.com/RNCResearch/status/1552397291012722688?s=20&t=MAd12ZcMDiqyUvftrk0_jA
>
> They think you're stupid.

Looks like this one goes to the spokesmodel.

The National Bureau of Economic Research (NBER) Business Cycle
Dating Committee—the official recession scorekeeper—defines a recession
as “a significant decline in economic activity that is spread across the
economy and that lasts more than a few months.” The variables the
committee typically tracks include real personal income minus government
transfers, employment, various forms of real consumer spending, and
industrial production. Notably, there are no fixed rules or thresholds
that trigger a determination of decline, although the committee does
note that in recent decades, they have given more weight to real
personal income less transfers and payroll employment.

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 by: Adam H. Kerman - Fri, 29 Jul 2022 02:46 UTC

BTR1701 <atropos@mac.com> wrote:
>On Jul 28, 2022 at 6:23:03 AM PDT, "moviePig" <pwallace@moviepig.com> wrote:
>>On 7/28/2022 4:35 AM, trotsky wrote:

>>>The Fed is raising the interest rate again. Republicans are outraged
>>>because that means the Fed is raising the interest rate!!
>>Lauren Boebert says we should raise everything else, just to keep up.

>https://twitter.com/RNCResearch/status/1552397291012722688?s=20&t=MAd12ZcMDiqyUvftrk0_jA

>They think you're stupid.

They explained on a business report I listened to that there is a group
within the Bureau of Economic Analysis that declares when a recession
occurs. Even Jerome Powell at his press conference today denied that the
massive interest hikes were sinking the economy into recession,
considering how tight the labor market is. Quite frankly, he'll be
condemned worse than Biden, as well he should given that interest rate
hikes dampen down demand, only, but most of the inflation is caused by
lack of supply.

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From: atro...@mac.com (BTR1701)
Newsgroups: rec.arts.tv
Subject: Re: The Fed to raise interest rate again.
References: <1705f14f32bd4852$4623$1683757$c4d58e68@news.newsdemon.com> <Y4wEK.637703$5fVf.98755@fx09.iad> <ydmcnfDXeeW1kn7_nZ2dnZfqnPqdnZ2d@giganews.com> <LIHEK.766117$X_i.701996@fx18.iad>
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 by: BTR1701 - Fri, 29 Jul 2022 03:05 UTC

In article <LIHEK.766117$X_i.701996@fx18.iad>,
moviePig <pwallace@moviepig.com> wrote:

> On 7/28/2022 6:35 PM, BTR1701 wrote:

> > https://twitter.com/RNCResearch/status/1552397291012722688?s=20&t=MAd12ZcMDi
> > qyUvftrk0_jA
> >
> > They think you're stupid.
>
> Looks like this one goes to the spokesmodel.
>
> The National Bureau of Economic Research (NBER) Business Cycle
> Dating Committee—the official recession scorekeeper—defines a recession
> as “a significant decline in economic activity that is spread across the
> economy and that lasts more than a few months.” The variables the
> committee typically tracks include real personal income minus government
> transfers, employment, various forms of real consumer spending, and
> industrial production. Notably, there are no fixed rules or thresholds
> that trigger a determination of decline, although the committee does
> note that in recent decades, they have given more weight to real
> personal income less transfers and payroll employment.

Then why couldn't she just say that Biden's economic advisor was wrong
when he said otherwise?

If the president has top advisors feeding him erroneous information,
isn't that its own problem?

Re: The Fed to raise interest rate again.

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Newsgroups: rec.arts.tv
Subject: Re: The Fed to raise interest rate again.
Date: Thu, 28 Jul 2022 23:57:46 -0400
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 by: Rhino - Fri, 29 Jul 2022 03:57 UTC

On 2022-07-28 6:35 PM, BTR1701 wrote:
> On Jul 28, 2022 at 6:23:03 AM PDT, "moviePig" <pwallace@moviepig.com> wrote:
>
>> On 7/28/2022 4:35 AM, trotsky wrote:
>>> The Fed is raising the interest rate again.  Republicans are outraged
>>> because that means the Fed is raising the interest rate!!
>>
>> Lauren Boebert says we should raise everything else, just to keep up.
>
>
> https://twitter.com/RNCResearch/status/1552397291012722688?s=20&t=MAd12ZcMDiqyUvftrk0_jA
>
> They think you're stupid.
>
>
That is some SERIOUS gaslighting on her part!

--
Rhino

Re: The Fed to raise interest rate again.

<17063ae0a83b448a$2$573844$44d50e60@news.newsdemon.com>

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 by: trotsky - Fri, 29 Jul 2022 06:23 UTC

On 7/28/2022 5:35 PM, BTR1701 wrote:
> On Jul 28, 2022 at 6:23:03 AM PDT, "moviePig" <pwallace@moviepig.com> wrote:
>
>> On 7/28/2022 4:35 AM, trotsky wrote:
>>> The Fed is raising the interest rate again.  Republicans are outraged
>>> because that means the Fed is raising the interest rate!!
>>
>> Lauren Boebert says we should raise everything else, just to keep up.
>
>
> https://twitter.com/RNCResearch/status/1552397291012722688?s=20&t=MAd12ZcMDiqyUvftrk0_jA
>
> They think you're stupid.

Deese said this in 2008. Beyond that, are you claiming a Biden economic
adviser is the final arbiter of what the definition is? Of course not,
because you're a eunuch and you're not saying anything.

https://www.king5.com/article/news/verify/money-verify/what-is-a-recession-official-definition/536-47a3cc51-3385-4f43-8fbd-1456c01536df

Yes, there is an official definition of a recession – and it’s not two
quarters in a row of declining GDP.
WHAT WE FOUND

A committee within the National Bureau of Economic Research (NBER), a
nonprofit research organization that’s not affiliated with the federal
government, determines when the U.S. economy has entered into a recession.

A recession is defined by the NBER as a “significant decline in economic
activity spread across the economy, lasting more than a few months.” The
organization takes into account many factors, including GDP, real
income, employment, industrial production, and consumer spending, in its
determination.

Conclusion: take your Peter Doocy gotcha moment and shove it back up
your ass whence it came.

Re: The Fed to raise interest rate again.

<17063fd9c79225b9$1$134948$4d54e64@news.newsdemon.com>

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 by: trotsky - Fri, 29 Jul 2022 07:40 UTC

On 7/28/2022 9:36 PM, moviePig wrote:
> On 7/28/2022 6:35 PM, BTR1701 wrote:
>> On Jul 28, 2022 at 6:23:03 AM PDT, "moviePig" <pwallace@moviepig.com>
>> wrote:
>>
>>> On 7/28/2022 4:35 AM, trotsky wrote:
>>>>   The Fed is raising the interest rate again.  Republicans are outraged
>>>>   because that means the Fed is raising the interest rate!!
>>>
>>> Lauren Boebert says we should raise everything else, just to keep up.
>>
>>
>> https://twitter.com/RNCResearch/status/1552397291012722688?s=20&t=MAd12ZcMDiqyUvftrk0_jA
>>
>>
>> They think you're stupid.
>
> Looks like this one goes to the spokesmodel.
>
>    The National Bureau of Economic Research (NBER) Business Cycle
> Dating Committee—the official recession scorekeeper—defines a recession
> as “a significant decline in economic activity that is spread across the
> economy and that lasts more than a few months.” The variables the
> committee typically tracks include real personal income minus government
> transfers, employment, various forms of real consumer spending, and
> industrial production. Notably, there are no fixed rules or thresholds
> that trigger a determination of decline, although the committee does
> note that in recent decades, they have given more weight to real
> personal income less transfers and payroll employment.
>

Yep, more evidence that Eunuch Derp doesn't give a shit about facts.

Re: The Fed to raise interest rate again.

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 by: moviePig - Fri, 29 Jul 2022 14:32 UTC

On 7/28/2022 11:05 PM, BTR1701 wrote:
> In article <LIHEK.766117$X_i.701996@fx18.iad>,
> moviePig <pwallace@moviepig.com> wrote:
>
>> On 7/28/2022 6:35 PM, BTR1701 wrote:
>
>>> https://twitter.com/RNCResearch/status/1552397291012722688?s=20&t=MAd12ZcMDi
>>> qyUvftrk0_jA
>>>
>>> They think you're stupid.
>>
>> Looks like this one goes to the spokesmodel.
>>
>> The National Bureau of Economic Research (NBER) Business Cycle
>> Dating Committee—the official recession scorekeeper—defines a recession
>> as “a significant decline in economic activity that is spread across the
>> economy and that lasts more than a few months.” The variables the
>> committee typically tracks include real personal income minus government
>> transfers, employment, various forms of real consumer spending, and
>> industrial production. Notably, there are no fixed rules or thresholds
>> that trigger a determination of decline, although the committee does
>> note that in recent decades, they have given more weight to real
>> personal income less transfers and payroll employment.
>
> Then why couldn't she just say that Biden's economic advisor was wrong
> when he said otherwise?

Maybe because her job was merely to present facts, not throw shade.

> If the president has top advisors feeding him erroneous information,
> isn't that its own problem?

One hopes that the President's economic information consists of greater
detail than a binary headline-buzzword like "recession"...

Re: The Fed to raise interest rate again.

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 by: moviePig - Fri, 29 Jul 2022 14:35 UTC

On 7/28/2022 11:57 PM, Rhino wrote:
> On 2022-07-28 6:35 PM, BTR1701 wrote:
>> On Jul 28, 2022 at 6:23:03 AM PDT, "moviePig" <pwallace@moviepig.com>
>> wrote:
>>
>>> On 7/28/2022 4:35 AM, trotsky wrote:
>>>>   The Fed is raising the interest rate again.  Republicans are outraged
>>>>   because that means the Fed is raising the interest rate!!
>>>
>>> Lauren Boebert says we should raise everything else, just to keep up.
>>
>>
>> https://twitter.com/RNCResearch/status/1552397291012722688?s=20&t=MAd12ZcMDiqyUvftrk0_jA
>>
>>
>> They think you're stupid.
>>
>>
> That is some SERIOUS gaslighting on her part!

Well, yeah, there's a gas present here...

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Subject: Re: The Fed to raise interest rate again.
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 by: BTR1701 - Fri, 29 Jul 2022 17:09 UTC

On Jul 29, 2022 at 7:32:37 AM PDT, "moviePig" <pwallace@moviepig.com> wrote:

> On 7/28/2022 11:05 PM, BTR1701 wrote:
>> In article <LIHEK.766117$X_i.701996@fx18.iad>,
>> moviePig <pwallace@moviepig.com> wrote:
>>
>>> On 7/28/2022 6:35 PM, BTR1701 wrote:
>>
>>>> https://twitter.com/RNCResearch/status/1552397291012722688?s=20&t=MAd12ZcMDi
>>>> qyUvftrk0_jA
>>>>
>>>> They think you're stupid.
>>>
>>> Looks like this one goes to the spokesmodel.
>>>
>>> The National Bureau of Economic Research (NBER) Business Cycle
>>> Dating Committee—the official recession scorekeeper—defines a recession
>>> as “a significant decline in economic activity that is spread across the
>>> economy and that lasts more than a few months.” The variables the
>>> committee typically tracks include real personal income minus government
>>> transfers, employment, various forms of real consumer spending, and
>>> industrial production. Notably, there are no fixed rules or thresholds
>>> that trigger a determination of decline, although the committee does
>>> note that in recent decades, they have given more weight to real
>>> personal income less transfers and payroll employment.
>>
>> Then why couldn't she just say that Biden's economic advisor was wrong
>> when he said otherwise?
>
> Maybe because her job was merely to present facts, not throw shade.

What are you, twelve? When the top economic official in the White House is
spouting economic fallacies, both to the president and to the public,
explaining that to the people via the press is not 'throwing shade', for
fuck's sake.

Re: The Fed to raise interest rate again.

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Subject: Re: The Fed to raise interest rate again.
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 by: BTR1701 - Fri, 29 Jul 2022 17:11 UTC

On Jul 29, 2022 at 8:05:41 AM PDT, "RichA" <rander3128@gmail.com> wrote:

> On Thursday, 28 July 2022 at 04:36:05 UTC-4, gmsin...@gmail.com wrote:
>
>> The Fed is raising the interest rate again. Republicans are outraged
>> because that means the Fed is raising the interest rate!!
>
> 3rd quarter with declining GDP = recession. One to go.

At which point they'll find another new definition of 'recession' to prove
America is not in one.

Re: The Fed to raise interest rate again.

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Subject: Re: The Fed to raise interest rate again.
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 by: moviePig - Fri, 29 Jul 2022 17:39 UTC

On 7/29/2022 1:09 PM, BTR1701 wrote:
> On Jul 29, 2022 at 7:32:37 AM PDT, "moviePig"
> <pwallace@moviepig.com> wrote:
>
>> On 7/28/2022 11:05 PM, BTR1701 wrote:
>>> In article <LIHEK.766117$X_i.701996@fx18.iad>, moviePig
>>> <pwallace@moviepig.com> wrote:
>>>
>>>> On 7/28/2022 6:35 PM, BTR1701 wrote:
>>>
>>>>> https://twitter.com/RNCResearch/status/1552397291012722688?s=20&t=MAd12ZcMDi
>>>>>
>>>>>
>>>>>
qyUvftrk0_jA
>>>>>
>>>>> They think you're stupid.
>>>>
>>>> Looks like this one goes to the spokesmodel.
>>>>
>>>> The National Bureau of Economic Research (NBER) Business Cycle
>>>> Dating Committee—the official recession scorekeeper—defines a
>>>> recession as “a significant decline in economic activity that
>>>> is spread across the economy and that lasts more than a few
>>>> months.” The variables the committee typically tracks include
>>>> real personal income minus government transfers, employment,
>>>> various forms of real consumer spending, and industrial
>>>> production. Notably, there are no fixed rules or thresholds
>>>> that trigger a determination of decline, although the
>>>> committee does note that in recent decades, they have given
>>>> more weight to real personal income less transfers and payroll
>>>> employment.
>>>
>>> Then why couldn't she just say that Biden's economic advisor was
>>> wrong when he said otherwise?
>>
>> Maybe because her job was merely to present facts, not throw
>> shade.
>
> What are you, twelve? When the top economic official in the White
> House is spouting economic fallacies, both to the president and to
> the public, explaining that to the people via the press is not
> 'throwing shade', for fuck's sake.

Yes, even a twelve-year-old understands the objective here of getting
Biden's press secretary to call Biden's economic advisor fundamentally
misinformed. But the fact is that multiple definitions of "recession"
are widely used, with hers being merely the official one.

>>> If the president has top advisors feeding him erroneous
>>> information, isn't that its own problem?
>>
>> One hopes that the President's economic information consists of
>> greater detail than a binary headline-buzzword like "recession"...

Re: The Fed to raise interest rate again.

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 by: moviePig - Fri, 29 Jul 2022 17:41 UTC

On 7/29/2022 1:11 PM, BTR1701 wrote:
> On Jul 29, 2022 at 8:05:41 AM PDT, "RichA" <rander3128@gmail.com> wrote:
>
>> On Thursday, 28 July 2022 at 04:36:05 UTC-4, gmsin...@gmail.com wrote:
>>
>>> The Fed is raising the interest rate again. Republicans are outraged
>>> because that means the Fed is raising the interest rate!!
>>
>> 3rd quarter with declining GDP = recession. One to go.
>
> At which point they'll find another new definition of 'recession' to prove
> America is not in one.

....which will confuse only those who can count higher than 'one'.

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Newsgroups: rec.arts.tv
Subject: Re: The Fed to raise interest rate again.
Date: Fri, 29 Jul 2022 10:56:28 -0700
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 by: suzeeq - Fri, 29 Jul 2022 17:56 UTC

On 7/29/2022 10:11 AM, BTR1701 wrote:
> On Jul 29, 2022 at 8:05:41 AM PDT, "RichA" <rander3128@gmail.com> wrote:
>
>> On Thursday, 28 July 2022 at 04:36:05 UTC-4, gmsin...@gmail.com wrote:
>>
>>> The Fed is raising the interest rate again. Republicans are outraged
>>> because that means the Fed is raising the interest rate!!
>>
>> 3rd quarter with declining GDP = recession. One to go.
>
> At which point they'll find another new definition of 'recession' to prove
> America is not in one.
>
>
Unemployment is super low though.

Re: The Fed to raise interest rate again.

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Subject: Re: The Fed to raise interest rate again.
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 by: BTR1701 - Fri, 29 Jul 2022 18:40 UTC

In article <IZUEK.152030$nZ1.146243@fx05.iad>,
moviePig <pwallace@moviepig.com> wrote:

> On 7/29/2022 1:11 PM, BTR1701 wrote:
> > On Jul 29, 2022 at 8:05:41 AM PDT, "RichA" <rander3128@gmail.com> wrote:
> >
> >> On Thursday, 28 July 2022 at 04:36:05 UTC-4, gmsin...@gmail.com wrote:
> >>
> >>> The Fed is raising the interest rate again. Republicans are outraged
> >>> because that means the Fed is raising the interest rate!!
> >>
> >> 3rd quarter with declining GDP = recession. One to go.
> >
> > At which point they'll find another new definition of 'recession' to prove
> > America is not in one.
>
> ...which will confuse only those who can count higher than 'one'.

No one's confused by it all. That's what makes their tactics so sad.

Re: The Fed to raise interest rate again.

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 by: trotsky - Fri, 29 Jul 2022 20:56 UTC

On 7/29/2022 9:32 AM, moviePig wrote:
> On 7/28/2022 11:05 PM, BTR1701 wrote:
>> In article <LIHEK.766117$X_i.701996@fx18.iad>,
>>   moviePig <pwallace@moviepig.com> wrote:
>>
>>> On 7/28/2022 6:35 PM, BTR1701 wrote:
>>
>>>> https://twitter.com/RNCResearch/status/1552397291012722688?s=20&t=MAd12ZcMDi
>>>>
>>>> qyUvftrk0_jA
>>>>
>>>> They think you're stupid.
>>>
>>> Looks like this one goes to the spokesmodel.
>>>
>>>      The National Bureau of Economic Research (NBER) Business Cycle
>>> Dating Committee—the official recession scorekeeper—defines a recession
>>> as “a significant decline in economic activity that is spread across the
>>> economy and that lasts more than a few months.” The variables the
>>> committee typically tracks include real personal income minus government
>>> transfers, employment, various forms of real consumer spending, and
>>> industrial production. Notably, there are no fixed rules or thresholds
>>> that trigger a determination of decline, although the committee does
>>> note that in recent decades, they have given more weight to real
>>> personal income less transfers and payroll employment.
>>
>> Then why couldn't she just say that Biden's economic advisor was wrong
>> when he said otherwise?
>
> Maybe because her job was merely to present facts, not throw shade.

No, Eunuch Derp is clearly pointing out her job is to know what every
member of Biden's cabinet has said since AT LEAST 2008. He's entitled
to his opinion, even if it lacks any kind of testicular fortitude.

>> If the president has top advisors feeding him erroneous information,
>> isn't that its own problem?
>
> One hopes that the President's economic information consists of greater
> detail than a binary headline-buzzword like "recession"...
>
>

Re: The Fed to raise interest rate again.

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 by: trotsky - Fri, 29 Jul 2022 21:07 UTC

On 7/29/2022 10:05 AM, RichA wrote:
> On Thursday, 28 July 2022 at 04:36:05 UTC-4, gmsin...@gmail.com wrote:
>> The Fed is raising the interest rate again. Republicans are outraged
>> because that means the Fed is raising the interest rate!!
>
> 3rd quarter with declining GDP = recession.

No, that is not correct, and you don't have credibility on any issue
because you have no identity. You're just pissing into the wind because
you're so fucking stupid.

Re: The Fed to raise interest rate again.

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 by: trotsky - Fri, 29 Jul 2022 22:23 UTC

On 7/29/2022 12:09 PM, BTR1701 wrote:
> On Jul 29, 2022 at 7:32:37 AM PDT, "moviePig" <pwallace@moviepig.com> wrote:
>
>> On 7/28/2022 11:05 PM, BTR1701 wrote:
>>> In article <LIHEK.766117$X_i.701996@fx18.iad>,
>>> moviePig <pwallace@moviepig.com> wrote:
>>>
>>>> On 7/28/2022 6:35 PM, BTR1701 wrote:
>>>
>>>>> https://twitter.com/RNCResearch/status/1552397291012722688?s=20&t=MAd12ZcMDi
>>>>> qyUvftrk0_jA
>>>>>
>>>>> They think you're stupid.
>>>>
>>>> Looks like this one goes to the spokesmodel.
>>>>
>>>> The National Bureau of Economic Research (NBER) Business Cycle
>>>> Dating Committee—the official recession scorekeeper—defines a recession
>>>> as “a significant decline in economic activity that is spread across the
>>>> economy and that lasts more than a few months.” The variables the
>>>> committee typically tracks include real personal income minus government
>>>> transfers, employment, various forms of real consumer spending, and
>>>> industrial production. Notably, there are no fixed rules or thresholds
>>>> that trigger a determination of decline, although the committee does
>>>> note that in recent decades, they have given more weight to real
>>>> personal income less transfers and payroll employment.
>>>
>>> Then why couldn't she just say that Biden's economic advisor was wrong
>>> when he said otherwise?
>>
>> Maybe because her job was merely to present facts, not throw shade.
>
> What are you, twelve? When the top economic official in the White House is
> spouting economic fallacies,

And here we have another right wing asshole denying reality again.

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 by: trotsky - Fri, 29 Jul 2022 22:30 UTC

On 7/29/2022 12:11 PM, BTR1701 wrote:
> On Jul 29, 2022 at 8:05:41 AM PDT, "RichA" <rander3128@gmail.com> wrote:
>
>> On Thursday, 28 July 2022 at 04:36:05 UTC-4, gmsin...@gmail.com wrote:
>>
>>> The Fed is raising the interest rate again. Republicans are outraged
>>> because that means the Fed is raising the interest rate!!
>>
>> 3rd quarter with declining GDP = recession. One to go.
>
> At which point they'll find another new definition of 'recession' to prove
> America is not in one.

Well eunuch'd. Neither of you have the balls to deal with the facts.

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