But the jobs market is through the roof...
Right, jobs that nobody wants. All the proof you need is to go to any retail/food outlet and see how bad the service is.
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But the jobs market is through the roof...
Right, jobs that nobody wants. All the proof you need is to go to any retail/food outlet and see how bad the service is.
Log Cabin, here in town, has a sign out front. “Hiring just like everyone else”. Used to, we got great service because college students wanted to work and got good tips. With prices going up everywhere, tips are probably closer to 15% when it used to be 18-20%. Also, I may be wrong, but I think student loans can now include more than just tuition, books, and board. If they include living expenses, then loans are taking the place of work.
Been here two weeks now and haven't made it to Log Cabin.. need to go back there...Quote:
Originally Posted by techman05
I do find it interesting that Democrats can tell you what is "Not a Recession", but they cannot tell you what a "Recession is"...
Dems will tell you that's an easy one. Recessions only occur with a Repub in the WH.Quote:
Originally Posted by FriscoDog
They can’t define a lot of things….
I’d be willing to bet tips are way worse than that now.Quote:
Originally Posted by techman05
You are probably right.Quote:
Originally Posted by SicemDawgz
We don’t go out much anymore because it’s too expensive, but when we do I try and be very patient and encouraging to the wait staff, and I’ll leave them a generous tip unless the service is just atrocious. My mother used to wait tables on the weekends when I was a kid, and I can remember her telling me horror stories about working large groups only to receive nothing for her work. Ironically, 90% of the time the large groups would be church people.Quote:
Originally Posted by techman05
Beginning to wonder if something else is up or they are stretching the excuse to keep Sleepy on the shelf as long as they can.
Joe Biden Tests Positive For Covid for Seventh Day in a Row... Will Continue to Isolate (thegatewaypundit.com)
This admin is purposefully destroying America.. With inflation at decades high, interest rates going up, RECESSION... Now they are sending 300K of taxpayer money to Botswana for LGBTQ social acceptance.
https://dailycaller.com/2022/08/03/b...al-acceptance/
Looks like the Big Guy may have earned some of his 10% cut after all.
Joe Biden Met with CCP-Linked Energy Executives at White House in 2014 (breitbart.com)
I can attest to this. In my business, if you raise prices to offset the increased variable cost of doing business, clients simply move to a cheaper option. Having 2-3 income streams is a must to keep the lights on. Speaking of keeping the lights on, how about those monthly bills from Entergy? Wow!Quote:
Originally Posted by FriscoDawg
Rose 8.5% vs. the consensus prediction of 8.7% So! Biden apologists are touting this as some kind of good thing. Kind of like a team being predicted to go 2-10 but eeks out 3-9 instead. Yeah, great job Coach (Biden)!Quote:
Originally Posted by FriscoDawg
Inflation still inflated! by 8.5%. Not good.
Take out gasoline prices and inflation is still increasing on everything else. And here's the proof. Grocery prices up 1.3% in the last month and up 13.1% from last year.Quote:
Originally Posted by dawg80
Grocery Store Inflation Rises to Highest Since 1979: Milk, Cereal, Chicken, Cheese, Butter, Hamburger, and Bread Prices Still Soaring (breitbart.com)
They are marketing this as a big win!Quote:
Originally Posted by dawg80
If this is winning, what is losing?
Once again, the drop in gasoline prices hides the fact that inflation on everything else is increasing. Many experts are still predicting $5 per gallon gasoline with a couple of months. If that happens, inflation across the board will jump to double digits and stay there.
Producer Prices Up 9.8% as Inflation Eases Slightly (breitbart.com)
And selling it to China! Hell, let's just sell them advanced military equipment as well.Quote:
Originally Posted by FriscoDawg
After all, they are one of the freest nations in the world. And the way we are going, that may end up being true.
Food prices up 15.8% over last year. Zero inflation? Only for those who leech off of taxpayers.
Consumer Food Prices Soar Most Since 1974: Prices Rising for Fruits, Veggies, Bread, Eggs, and Pasta (breitbart.com)
Yellen just another irrelevant voice in the Sleepy administration.
Yellen Begs IRS Not to Target Middle-Class After Dems Greenlight Audits (breitbart.com)
Sounds a lot like "We have to pass the bill to find out what's in it." Except this time we already know most of the junk that is in it. Including the unneeded army of 87,000 new IRS agents.
Biden Spox: We Have to Pass the 'Inflation Reduction Act' to See How it Works (VIDEO) (thegatewaypundit.com)
Guess nothing is "off the record" any more.
Rep. Carolyn Maloney Says 'Off the Record' Biden Is 'Not Running Again' (breitbart.com)
All the uproar over migrants being bussed to New York and DC, while the real story goes largely ignored. January can't get here fast enough to start grilling the regime over this mess.
BREAKING: Biden whistleblower exposes secret night flights of illegal immigrant children: THOUSANDS of kids per week | The Post Millennial
The only "false perception" is from the top brass in Sleepy's CBP.
EXCLUSIVE: Biden CBP Warns of Extremist Violence from Open Border ‘False Perception’ (breitbart.com)
The Services PMI index crashed from 47.3 last month (50 means no change in growth from the previous month) to 44.1 (fairly deep contraction). This index was forecast to be at 49.2 (small contraction from last month).
Getting harder for the regime to deny that we are not already in recession and possibly headed for worse.
United States Services Purchasing Managers Index (PMI) (investing.com)
Sleepy's math looks to be off a decimal point. Or two.
Biden's Student Loan Scheme Would Cost More in First Year Than Inflation Reduction Act Cuts Deficits Over 10 Years (breitbart.com)
I just don't understand how he can unilaterally do this.Quote:
Originally Posted by FriscoDawg
AND, if this was a republican effort (as STUPID as it is), the dems would have already filed something in some friendly court to get it delayed pending judicial review. The republicans just WHINE......I despise them.
If student loans were enacted into law, a law change is required to forgive the loans. Executive actions should easily be invalidated as no EO can overrule established law.Quote:
Originally Posted by DawgyNWindow
Delaying collection or suspending interest due to extenuating circumstances like the pandemic probably should be allowed. Simply wiping the loan debts off the books as if they never existed should not be.
If Sleepy can wipe the debts off the books, a future president should be able to reinstate those same debts in full.
If they can claim predatory lending practices for student loans, then the rest of us can claim the same for our car and house loans. The only way I could buy those things was by bank loan. Since they wouldn’t give me a car, I was coerced into borrowing money.
Sleepy needs to be fact-checked on this one.
Biden Says 'Blacks and Hispanics Don't Own Homes' in Student Loan Forgiveness Speech (VIDEO) (thegatewaypundit.com)
The S&P Global Flash US Manufacturing PMI fell to 51.3 in August of 2022 from 52.2 in July, below forecasts of 52, and pointing to the lowest growth in factory activity since July of 2020, amid muted demand conditions and production cutbacks. Output contracted for the second successive month. Higher input prices also served to dampen customer demand, as some firms stated that clients were monitoring inventories and essential spending more closely. New export orders fell solidly as inflationary pressures in key export markets weighed on demand. At the same time, manufacturers registered the slowest rise in cost burdens since January 2021 and signs of improvements in supply chain disruption emerged. Meanwhile, manufacturers recorded a greater degree of optimism regarding the outlook for output over the next year on hopes of stable supply chains and increased customer demand.
United States Manufacturing PMI - July 2022 Data - 2012-2021 Historical (tradingeconomics.com)
Regarding student loan debt, it is way past time that university endowments be taxed at a modest rate (say 5%). This would more than pay off all student loan debt and eliminate the need for future student loan debt.
Universities shouldn't be allowed to accumulate unlimited resources simply to fund their own largesse without doing some real public good.
And how about adding warning labels to degrees, much like you find on cigarette packs.Quote:
Originally Posted by FriscoDawg
Warning: Majoring in Gender studies, African American (or any stated ethnic) Studies, Theater Arts, Music, Philosophy, Sociology and other degree paths undesired by economic entities may leave you broke, hungry and unable to repay your student loans.
That idiot defines racismQuote:
Originally Posted by FriscoDawg
Original cost estimates were ridiculous at $300 billion. Try again, it's $500 billion. And it's "just a first step."
Biden Student Loan Transfer Estimated to Cost Around $500 Billion (breitbart.com)
Democrat Raphael Warnock Boasts of Leading Charge to Cancel Student Debt (breitbart.com)
Sleepy can't be disturbed.
Joe Biden Rejects Urgent Phone Call from Israeli PM over Iran: 'On Vacation' (breitbart.com)
This story makes sense based on Sleepy's past rallies that had trouble drawing flies.
Biden 'Rally' in Small High School Gym Looks Produced Based on His Prior Rallies, Participants Likely Bused in or Paid to Be There (thegatewaypundit.com)
Would you like fries with that?Quote:
Originally Posted by FriscoDawg
Life expectancy took a huge drop, back to 1996 levels. Thanks Joe! Yes sir, your tenure keeps seeing new highs in lows.
Not even the skewed methodology could prevent the unemployment rate from coming in higher than the expected range.
America Added 315,000 Jobs in August, Unemployment Rises to 3.7% (breitbart.com)
Is he wrong?Quote:
Originally Posted by PawDawg
Did it go up under Tsar Trump?Quote:
Originally Posted by dawg80
That is exactly what the Federal Reserve is trying to accomplish with the rate hikes. It is trying to cool the economy. It won’t stop until it achieves this goal.Quote:
Originally Posted by FriscoDawg
Welcome back Goosey!Quote:
Originally Posted by Guisslapp
The best way for the Feds to "cool the economy" is to tighten their own belt and stop (slow down) printing money. Forgiving student loans is not the way, as is none of the other stupid things the Bidenites are doing.
The Fed started QT in June. Money supply IS shrinking already.Quote:
Originally Posted by dawg80
LMAO! A year too late.Quote:
Originally Posted by Guisslapp
Transitory inflation, right?
yes, and you are a racist for believing himQuote:
Originally Posted by genpop
Typical Marble Mouth. Count on him to weigh in when it doesn't benefit conservatives. And to stay silent when conservatives are attacked.
McConnell Remains Silent on Biden’s Speech Attacking MAGA Movement (breitbart.com)
That 56% is probably just among the liberals they polled.
Not surprising. Where is Joe's wedding ring? It is obvious he hasn't done a lick of work with his hands in his life. Silky smooth hands like one of his liberal followers.Quote:
Originally Posted by FriscoDawg
Whatever Sleepy has, Yellen has obviously caught it.
Janet Yellen Says Biden's 'Inflation Reduction Act' Will Rid Us of Oil and Gas (VIDEO) (thegatewaypundit.com)
Another adult idiot.Quote:
Originally Posted by FriscoDawg
Kamala probably voted twice in that poll.
Sleepy's handlers scheduled a celebration for the "Inflation Reduction Act" today when inflation was supposed to drop. Oops!
Inflation Returns: Consumer Prices Unexpectedly Rising Again (breitbart.com)
"There are no conspiracies, but there are also no coincidences." 103 food or manufacturing plants being damaged or destroyed in 2021 and 2022 isn't a coincidence.
Here is the Updated List of US-Based Food Manufacturing Plants Destroyed Under Biden Regime -- You Can Now Participate and Add More Incidents on the Interactive Map (thegatewaypundit.com)
Yep, last month the idiot said we had zero inflation. Ah, no Sleepy Joe, not quite. Of course morons like genpop lapped it up, "yeah, baby! zero inflation!" LOL! What a maroon!*Quote:
Originally Posted by FriscoDawg
*that's from Bugs Bunny for those who don't know
BTW, is it just a coincidence that this moron genpop showed up at the same time ole Goosey has disappeared? Just wondering.... :icon_roll:
Heading into another housing crunch? There is trouble brewing in some key, leading-indicator areas, namely Phoenix, Atlanta, and Charlotte. Also, Dallas and Austin have entered the early stages of trouble to come.
I am divesting my investment properties. Not because I am concerned about these troubling signs, but just because I am trying to simplify my life as I roll into more "retirement" mode vs. "semi-retired" like I am now. Now, it is true that Natchitoches does NOT flow with national trends, in fact, usually is a contrarian to such trends. All of the problems bubbling up in Phoenix and Atlanta are nowhere to be found locally. In fact, the exact opposite is happening. Good investors know to "sell into strength" when liquidating assets. Well, I am doing just that. Just sold my fourth property last week and will have at least one more closing before the end of the year. This timing of the local market was as much good luck as anything else for me. Didn't really see this coming...just glad I lucked into it.
But, what does this mean for the national economy? If Phoenix and Atlanta are just the "canary in the coal mine" and this hits nationally, whoa! Shouldn't be anywhere close to as bad as 2008 was, but trouble nonetheless. And on top of all the other bad economic news, thanks to the Bidenites, even a small hiccup in the housing market will be very harmful.
Pay attention to that poor, ole canary...
Housing crunch? Jeff Bezos saw it coming:
https://finance.yahoo.com/news/jeff-...134130180.html
Can't make this stuff up. They roll out James Taylor to sing "Fire and Rain" before Sleepy comes out to speak 40 minutes late.
Do they realize that "Fire and Rain" is a song about a reaction to suicide? Perfect day for that with the bloodbath today on Wall Street.
Biden empties the SOR, flooding the market, and pushing prices at the pump down, just to try to overcome what his and comrades have done to the economy. Of course, for 90%+ of those who normally vote for the democraps, it'll work. Anyone who votes for the demwits is a dimwit too, so easily fooled.
Klinton/algore did the same thing in 1996 to lower gas prices to bolster their reelection chances. Then, to make matters worse, Klinton didn't even try to replenish the SOR. When George Bush became POTUS, 2001, he immediately set about refilling the SOR and he, and Cheney, were accused of catering to their friends in big oil. I suppose the idiot Sleepy Joe will pull the same stunt as Slick Willy. Having the SOR is good for the country (security) but doesn't matter when you hate the country like the Bidenites do.
As a good democrap Kamala votes as often as necessary.Quote:
Originally Posted by techman05
The record-setting POTUS strikes again! Adding to his ever-growing list of "unaccommplishments" and his track record of 40-year lows and all-time lows...
July, 2022 was the absolute worse month in all of history for re-fi's. Not a big deal, unless you are a banker whose largest business sector is refinancing loans. Indicative of a rapidly collapsing housing market/industry.
Well, Hunter Biden (and thus Sleepy Joe) must have some kind of brokerage deal to handle the purchase of the oil. And this is just Biden, and the democraps, helping their friends in BIG OIL.Quote:
Originally Posted by FriscoDawg
Makes perfect sense to buy it $80 after you blocked it at $24. The demwits are not only evil, they are stupid too.
Being such a dumb ass, I doubt he ever sat in one as a student either.Quote:
Originally Posted by FriscoDawg
:icon_roll:Quote:
Originally Posted by FriscoDawg
I hold 45 stocks and have 100 stocks on my watchlist, and most of today every one of them, 100%, have been in the red. Unusual because I hold equities that are designed to be contrary such as consumer stocks vs. gold stocks. Usually when one sector goes down the other side goes up, like a see-saw. But Heck! they are all down!
Yes sir, Sleepy Joe is getting it done (since his mission is to destroy America, and the free world).
Quote:
Originally Posted by Guisslapp
Quote:
Originally Posted by beaux66
b00mer nailed it!Quote:
Originally Posted by b00mer1
The first two comments are from idiots.Quote:
Originally Posted by dawg80
Add another incident to the list linked in post #2974.
ANOTHER BP FIRE: Ohio Firefighters Respond to a Fire at the BP Refinery; Injuries Reported (VIDEO) (thegatewaypundit.com)
No wonder they quit posting :laugh:Quote:
Originally Posted by dawg80
First full day of Fall... I like cooler weather. And the stock market is in a big FALL too! Thanks to Sleepy Joe and his merry band of commie bastards. We are in a recession, 3rd straight quarter of economic retraction. None of this would be happening with Trump, or just about any decent American, as POTUS. The true inflation rate is about 17% not the BS 8.3% the libtards admit to.
Oh yes, Breaux, "the nightmare is over." :icon_roll:
It’s rare that you can say everything would be better if our leaders had chosen to just collect a check and do absolutely nothing. That’s where we are.
So, did Biden start WWIII by taking out Nord Stream 2?