Liberal Forum

Are Americans really that sour on the economy? Perhaps not. Surveys show that when people are asked about their personal financial situation — and not just their views on the economy — an overwhelming majority say it is either good or excellent.

 If we’ve learned anything during the pandemic era it is that surveys are not very reliable indicators. Case in point: consumer spending, which has consistently risen more than forecast. Better to watch what Americans do rather than what they say.

What Has Biden Accomplished? Look at These 10 Metrics, Not the Polls

 https://www.bloomberg.com/graphics/2024 ... h0IjoxfQ==

b...b...b...b..but Don Suave, that is EXACTLY what you've been telling us.

 
 

R.Suave » 07 Mar 2024, 8:21 am » wrote: ↑

07 Mar 2024, 8:21 am

Are Americans really that sour on the economy? Perhaps not. Surveys show that when people are asked about their personal financial situation — and not just their views on the economy — an overwhelming majority say it is either good or excellent.

 If we’ve learned anything during the pandemic era it is that surveys are not very reliable indicators. Case in point: consumer spending, which has consistently risen more than forecast. Better to watch what Americans do rather than what they say.

What Has Biden Accomplished? Look at These 10 Metrics, Not the Polls

 https://www.bloomberg.com/graphics/2024 ... h0IjoxfQ==

b...b...b...b..but Don Suave, that is EXACTLY what you've been telling us.

On March 12th the CPI for last month will be released. 

I will also leave you with these\categories:

Gorceries

Rent/mortgage

Gasoline

Home energy

 

R.Suave » 07 Mar 2024, 8:21 am » wrote: ↑

07 Mar 2024, 8:21 am

Are Americans really that sour on the economy? Perhaps not. Surveys show that when people are asked about their personal financial situation — and not just their views on the economy — an overwhelming majority say it is either good or excellent.

 If we’ve learned anything during the pandemic era it is that surveys are not very reliable indicators. Case in point: consumer spending, which has consistently risen more than forecast. Better to watch what Americans do rather than what they say.

What Has Biden Accomplished? Look at These 10 Metrics, Not the Polls

 https://www.bloomberg.com/graphics/2024 ... h0IjoxfQ==

b...b...b...b..but Don Suave, that is EXACTLY what you've been telling us.

Another liberal Op-Ed    <<<yawn>>>

Huey » 07 Mar 2024, 8:32 am » wrote: ↑

07 Mar 2024, 8:32 am

On March 12th the CPI for last month will be released. 

I will also leave you with these\categories:

Gorceries

Rent/mortgage

Gasoline

Home energy

B...b...b...but NOOOOOO! Talking Points!

The cost of living is going down

The rapid disinflation under Biden is unmatched in modern history

America’s cost of living, which surged to a four-decade high during Biden’s first two years, is poised to return to its pre-pandemic level this year — when family wealth across income groups is more robust than at any point in the new century

Ibid
 

ConsRule » 07 Mar 2024, 8:35 am » wrote: ↑

07 Mar 2024, 8:35 am

Another liberal Op-Ed    <<<yawn>>>

How do we know?

It's redolent with Fact.

But go ahead and fling some of your lame **** at it....

Be sure to link to your sources.
 

R.Suave » 07 Mar 2024, 8:21 am » wrote: ↑

07 Mar 2024, 8:21 am

Are Americans really that sour on the economy? Perhaps not. Surveys show that when people are asked about their personal financial situation — and not just their views on the economy — an overwhelming majority say it is either good or excellent.

 If we’ve learned anything during the pandemic era it is that surveys are not very reliable indicators. Case in point: consumer spending, which has consistently risen more than forecast. Better to watch what Americans do rather than what they say.

What Has Biden Accomplished? Look at These 10 Metrics, Not the Polls

 https://www.bloomberg.com/graphics/2024 ... h0IjoxfQ==

b...b...b...b..but Don Suave, that is EXACTLY what you've been telling us.

1) Biden probably confuses 'economy' with some dead French president he used to know. He isn't responsible for anything

2) the premise of this article is contradictory. Don't trust surveys, here is a survey.

3) no justification is given for why we should trust metrics...especially those that most people don't even use. PPP > GDP, for example.

4) the people who are doing 'best' relative to before are going to be people who just arrived from the third world, as a quickly growing % of our population is. This is actually a sign of failure and especially bad for the people who were the founding stock of the usa.

R.Suave » 07 Mar 2024, 8:37 am » wrote: ↑

07 Mar 2024, 8:37 am

B...b...b...but NOOOOOO! Talking Points!

The cost of living is going down

The rapid disinflation under Biden is unmatched in modern history

America’s cost of living, which surged to a four-decade high during Biden’s first two years, is poised to return to its pre-pandemic level this year — when family wealth across income groups is more robust than at any point in the new century

Ibid
 



 

About two-thirds of employed Americans (64 percent) received a pay increase at some point in the 12 months since October 2022, including 38 percent who said they got a pay raise, 16 percent who indicated they found a better-paying job and 10 percent who noted they earned both, according to a new Bankrate survey. That’s up from 61 percent in the prior year’s poll, during an even stronger year for hiring. By this time last year, employers had already created almost twice as many jobs.


 But the strides Americans have been taking in their careers are getting overshadowed. More workers than last year (60 percent in 2023 versus 55 percent in 2022) say their incomes haven’t kept pace with increases in their household expenses because of inflation. Even among the workers who did get a raise or better-paying job, more than half (53 percent) say their earnings lost ground to inflation, up from 50 percent in 2022.

https://www.bankrate.com/personal-finan ... 0in%202022.

 
 
 

FOS » 07 Mar 2024, 8:49 am » wrote: ↑

07 Mar 2024, 8:49 am

1) Biden probably confuses 'economy' with some dead French president he used to know. He isn't responsible for anything

2) the premise of this article is contradictory. Don't trust surveys, here is a survey.

3) no justification is given for why we should trust metrics...especially those that most people don't even use. PPP > GDP, for example.

4) the people who are doing 'best' relative to before are going to be people who just arrived from the third world, as a quickly growing % of our population is. This is actually a sign of failure and especially bad for the people who were the founding stock of the usa.

1) ...thought....

2) Respondents SHOULD be able to adequately assess their own circumstances....their perception of the aggregate economy is worthless.

3) Even if you are ignorant enough to yap that way, assuming consistent methodology, it has value as a relative measure. As in the linked example.

4) Uninformed pap from American Nazi currently squatting (illegally) in Socialist Canada. 
Can't make this **** up, Children.
 

Huey » 07 Mar 2024, 8:51 am » wrote: ↑

07 Mar 2024, 8:51 am

About two-thirds of employed Americans (64 percent) received a pay increase at some point in the 12 months since October 2022, including 38 percent who said they got a pay raise, 16 percent who indicated they found a better-paying job and 10 percent who noted they earned both, according to a new Bankrate survey. That’s up from 61 percent in the prior year’s poll, during an even stronger year for hiring. By this time last year, employers had already created almost twice as many jobs.

 But the strides Americans have been taking in their careers are getting overshadowed. More workers than last year (60 percent in 2023 versus 55 percent in 2022) say their incomes haven’t kept pace with increases in their household expenses because of inflation. Even among the workers who did get a raise or better-paying job, more than half (53 percent) say their earnings lost ground to inflation, up from 50 percent in 2022.

https://www.bankrate.com/personal-finan ... 0in%202022.

They clearly aren't great at math, but they continue to spend....the point of the observation, actually.

R.Suave » 07 Mar 2024, 8:40 am » wrote: ↑

07 Mar 2024, 8:40 am

How do we know?


 

Because when I click on the link, it says Opinion.  Are you really that **** stupid?

He (and everyone else) has a right to their opinion and the right to voice it (via written or spoken word). However, there is no requirement I listen, read or agree.

Carry on.

ConsRule » 07 Mar 2024, 9:04 am » wrote: ↑

07 Mar 2024, 9:04 am

Because when I click on the link, it says Opinion.  Are you really that **** stupid?

He (and everyone else) has a right to their opinion and the right to voice it (via written or spoken word). However, there is no requirement I listen, read or agree.

Carry on.

How do we know it's "Liberal", you **** idiot....

Now why don't you run along before your fee-fees get bruised.
 

R.Suave » 07 Mar 2024, 9:06 am » wrote: ↑

07 Mar 2024, 9:06 am

How do we know it's "Liberal", you **** idiot....

Now why don't you run along before your fee-fees get bruised.

Foreclosures are up
Inflation is up
Interst rates are up
Automobile reposessions are up
Gasoline is up

And home sales are at a 28 year low
 

R.Suave » 07 Mar 2024, 9:03 am » wrote: ↑

07 Mar 2024, 9:03 am

They clearly aren't great at math, but they continue to spend....the point of the observation, actually.

Oh, that will be a great campaign slogan.  You are not good at math!  You are not paying more at the grocery store!  

You are so disconnected from real people it is sickening.  

R.Suave » 07 Mar 2024, 9:06 am » wrote: ↑

07 Mar 2024, 9:06 am

How do we know it's "Liberal", you **** idiot....

Now why don't you run along before your fee-fees get bruised.

It's an assumption on my part. You posted the link...the odds are in my favor.
 

https://usafacts.org/state-of-the-union ... 0in%202023.

chugging right along.

I know that my portfolio has been doing great!

ConsRule » 07 Mar 2024, 9:14 am » wrote: ↑

07 Mar 2024, 9:14 am

It's an assumption on my part. You posted the link...the odds are in my favor.

Says right on the link

Bloomberg


Duh.

Do you consider Bloomberg "Liberal"?

Compared to the sources you are too ashamed to name...

Huey » 07 Mar 2024, 9:14 am » wrote: ↑

07 Mar 2024, 9:14 am

Oh, that will be a great campaign slogan.  You are not good at math!  You are not paying more at the grocery store!  

You are so disconnected from real people it is sickening.

Have you ever paid LESS at the grocery store?



 

maineman » 07 Mar 2024, 9:18 am » wrote: ↑

07 Mar 2024, 9:18 am

Have you ever paid LESS at the grocery store?

Are you suggesting that, even with 2% inflation, prices rise?

Can you show me your math?
 

R.Suave » 07 Mar 2024, 9:17 am » wrote: ↑

07 Mar 2024, 9:17 am

Do you consider Bloomberg "Liberal"?


 

Not me...AllSides Media Bias.  Media Bias Chart | AllSides

Leans Left

 

maineman » 07 Mar 2024, 9:18 am » wrote: ↑

07 Mar 2024, 9:18 am

Have you ever paid LESS at the grocery store?



 

 

Another campaign slogan!