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Re: Forum gossip thread by formosan

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Jim Crow Joe is Still a Very Unpopular President

Started by Anonymous, August 27, 2022, 03:07:14 PM

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Anonymous

What about dropouts? Are American taxpayers on the hook for them too?

Anonymous

Jim Crow Joe's student loan giveaway will cost taxpayers $24 billion a year.

Anonymous

Francesco Bianchi of Johns Hopkins University and Leonardo Melosi of the Chicago Fed warned Jim Crow Joe that hiking interest rates will cause stagnation. Jim Crow Joe and congress have got to control spending.


Anonymous

Quote from: Fashionista post_id=473582 time=1661727412 user_id=3254
I just saw this on American news.

">


Aint that a kick in the pants.

Anonymous

Inflation and risk of a recession are the top concerns for U.S companies in multiple sectors. These worries are beginning to weigh on overall operations, resulting in a slowdown in business activity and declining sentiment according to numerous indices.



The National Federation of Independent Business (NFIB) Optimism Index highlighted that 37 percent of small business owners reported that inflation was their most important problem in July, the highest it has been since 1979. Moreover, the monthly survey discovered that most owners are raising their average selling prices, and the net percent of owners anticipating real sales to be higher worsened.



"The uncertainty in the small business sector is climbing again as owners continue to manage historic inflation, labor shortages, and supply chain disruptions," said Bill Dunkelberg, NFIB Chief Economist, in a statement. "As we move into the second half of 2022, owners will continue to manage their businesses into a very uncertain future."



This coincided with the August IBD/TIPP Economic Optimism Index, which slipped to an 11-year low of 38.1 as consumers continue to be pessimistic about the economy as inflation erases wage gains. This could spell bad news for business conditions.



Meanwhile, a third-quarter CNBC/SurveyMonkey Small Business Survey found that 77 percent of small business owners anticipate inflation to continue, and that 57 percent believe the recession has already started.





In this economy, it is all about planning for the worst-case scenario and hoping for the best, says Mike Davis, founding partner of Olive Tree Ridge, a multi-strategy asset management firm.



"If I plan for the worst, that's when I'm gonna be having the greatest set of days coming up in the future because I can only be pleasantly surprised," Davis told The Epoch Times, adding that no matter how this economy is labeled, businesses still need to navigate through the information, storm clouds, and evolving consumer trends.

https://ca.theepochtimes.com/checkout1/cp-ca-may25?o=$1for3m_15.96monthly&src_cat=hardwall_exit_popup&src_tmp=countdown-popup&src_url=/inflation-recession-fears-weighing-on-us-business-activity_4657380.html">https://ca.theepochtimes.com/checkout1/ ... 57380.html">https://ca.theepochtimes.com/checkout1/cp-ca-may25?o=$1for3m_15.96monthly&src_cat=hardwall_exit_popup&src_tmp=countdown-popup&src_url=/inflation-recession-fears-weighing-on-us-business-activity_4657380.html



Inflation is raging and the US is in recession.


Oerdin


Anonymous


Anonymous

Forgiving student debt does nothing to address the root problem. That is the soaring cost of post secondary education.

Oerdin

WRT inflation virtually all the research says raising interest rates along won't end high I flatiron unless Congress also stops spending like drunk sailors.



https://www.cnbc.com/2022/08/29/fed-rate-hikes-wont-curb-inflation-if-spending-stays-high-paper-says.html">https://www.cnbc.com/2022/08/29/fed-rat ... -says.html">https://www.cnbc.com/2022/08/29/fed-rate-hikes-wont-curb-inflation-if-spending-stays-high-paper-says.html

Anonymous

Quote from: Oerdin post_id=473650 time=1661806924 user_id=3374
WRT inflation virtually all the research says raising interest rates along won't end high I flatiron unless Congress also stops spending like drunk sailors.



https://www.cnbc.com/2022/08/29/fed-rate-hikes-wont-curb-inflation-if-spending-stays-high-paper-says.html">https://www.cnbc.com/2022/08/29/fed-rat ... -says.html">https://www.cnbc.com/2022/08/29/fed-rate-hikes-wont-curb-inflation-if-spending-stays-high-paper-says.html

And they spend on stupid things like wind and solar that only benefits the rich.

Anonymous


Anonymous

Quote from: "Jerry Mathers as the Beaver" post_id=473676 time=1661823698 user_id=1689
The markets are doing shitty under Jim Crow Joe.

Yes, I know..



I like your new handle Herman.

 :laugh:

Anonymous

Quote from: Fashionista post_id=473678 time=1661825200 user_id=3254
Quote from: "Jerry Mathers as the Beaver" post_id=473676 time=1661823698 user_id=1689
The markets are doing shitty under Jim Crow Joe.

Yes, I know..



I like your new handle Herman.

 :laugh:

Thanks kid. It was time for a new classic sitcom character.

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