Monderegal » 11 Mar 2024, 5:21 pm » wrote: ↑ According to consumer sentiment surveys, the index is saying the economy is worse then it has been in years. Worse then during the Great Recession. Worse then the era of stagflation and the misery index in the late 1970s. Is the economy really that bad?
Gdp says everybody is doing good.Monderegal » 11 Mar 2024, 5:21 pm » wrote: ↑ According to consumer sentiment surveys, the index is saying the economy is worse then it has been in years. Worse then during the Great Recession. Worse then the era of stagflation and the misery index in the late 1970s. Is the economy really that bad?
Well income inequality been a thing for decades.FOS » 11 Mar 2024, 5:23 pm » wrote: ↑ if birth rates are below replacement then it means the economy is so bad that your species is literally going extinct.
and neither side has done a damn this about it
I wish somebody would tell those Millennials and Gen Zers because they keep squawking about not being able to rub two nickels together.Bidencrimefamily » 11 Mar 2024, 5:29 pm » wrote: ↑ Gdp says everybody is doing good.
Stockmarket also.
well yeah. And it also existedbin the 50s when birth rates were far above replacement. Income inequality itself doesn't make economies bad.
In the seventies, the very worst year for families saw wives contributing on average 26.4% of the families income. In general,wives continued to raise the kids and keep the home in the 70s.Monderegal » 11 Mar 2024, 5:21 pm » wrote: ↑ According to consumer sentiment surveys, the index is saying the economy is worse then it has been in years. Worse then during the Great Recession. Worse then the era of stagflation and the misery index in the late 1970s. Is the economy really that bad?
Apparently, you do not understand what GDP stands for, or what the stock market is.Bidencrimefamily » 11 Mar 2024, 5:29 pm » wrote: ↑ Gdp says everybody is doing good.
Stockmarket also.
Should surgeons and dish washers have equal pay, in your opinion?
What SHOULD either side do to equalize incomes?Mrkelly » 11 Mar 2024, 5:32 pm » wrote: ↑ and neither side has done a damn this about it
just crumbs and lip service
yes. America doesn't have its own supply chain anymore. Ruling elites swindled it away. It can be reestablished but it will take a year or more to get it back online.Monderegal » 11 Mar 2024, 5:21 pm » wrote: ↑ According to consumer sentiment surveys, the index is saying the economy is worse then it has been in years. Worse then during the Great Recession. Worse then the era of stagflation and the misery index in the late 1970s. Is the economy really that bad?
Last quarter our economy "grew" by $380 Billion.Monderegal » 11 Mar 2024, 5:21 pm » wrote: ↑ According to consumer sentiment surveys, the index is saying the economy is worse then it has been in years. Worse then during the Great Recession. Worse then the era of stagflation and the misery index in the late 1970s. Is the economy really that bad?
Income inequality widened under Biden and Obama, but narrowed under Trump.
Kelly’s a progressive socialist. Said so himself.Cannonpointer » 11 Mar 2024, 8:13 pm » wrote: ↑ What SHOULD either side do to equalize incomes?
Should fishing in the north sea pay the same as selling mary kay?
And if so, where shall we get our fish?
I am interested in his answer.Tempest62 » 11 Mar 2024, 8:34 pm » wrote: ↑ Kelly’s a progressive socialist. Said so himself.
More just dumb *** than anything. I once insisted he was a black. Nope I was wrong.
Monderegal » 11 Mar 2024, 5:21 pm » wrote: ↑ According to consumer sentiment surveys, the index is saying the economy is worse then it has been in years. Worse then during the Great Recession. Worse then the era of stagflation and the misery index in the late 1970s. Is the economy really that bad?
Makes me wonder...golfboy » 11 Mar 2024, 8:15 pm » wrote: ↑ Last quarter our economy "grew" by $380 Billion.
And it only cost us $850 Billion in Government spending.
Actually the GDP is growing like never before.Monderegal » 11 Mar 2024, 5:21 pm » wrote: ↑ According to consumer sentiment surveys, the index is saying the economy is worse then it has been in years. Worse then during the Great Recession. Worse then the era of stagflation and the misery index in the late 1970s. Is the economy really that bad?