Washington CNN — The US economy just got its latest health check, and it looks promising!
Gross domestic product (GDP) registered at a robust 2.8% annualized rate in the second quarter, after adjusting for inflation and seasonality, the Commerce Department said Thursday!
That’s **DOUBLE** the 1.4% rate seen earlier this year, and well above the 1.9% rate economists projected in a FactSet poll!
**No, it does not suggest a perfect economy...but this is nevertheless a very positive and hopeful picture as our economy under the Biden/Harris Democratic admin continues to move forward from the devastation left behind by the prior admin.
@fubah2
2.8% GDP growth is AWESOME!
Quote Originally Posted by fubah2:
@Zeus4par
JULY 25: Yet another GOOD economic report!
Washington CNN — The US economy just got its latest health check, and it looks promising!
Gross domestic product (GDP) registered at a robust 2.8% annualized rate in the second quarter, after adjusting for inflation and seasonality, the Commerce Department said Thursday!
That’s **DOUBLE** the 1.4% rate seen earlier this year, and well above the 1.9% rate economists projected in a FactSet poll!
**No, it does not suggest a perfect economy...but this is nevertheless a very positive and hopeful picture as our economy under the Biden/Harris Democratic admin continues to move forward from the devastation left behind by the prior admin.
Gross domestic product (GDP), the broadest measure of economic output, was much stronger in the second quarter than economists had predicted. The GDP report showed that businesses are continuing to invest and that consumers are still opening their wallets. That’s key, because consumer spending is America’s economic engine, accounting for about two-thirds of US economic output.
2.8% GDP in 2nd Q
CNN -
Gross domestic product (GDP), the broadest measure of economic output, was much stronger in the second quarter than economists had predicted. The GDP report showed that businesses are continuing to invest and that consumers are still opening their wallets. That’s key, because consumer spending is America’s economic engine, accounting for about two-thirds of US economic output.
you would think if the prices of food were hurting families so bad like republicans keep claiming people wouldnt have the extra money to spend on movies, concerts, sporting events, air travel, vacations as just some examples. I would think they would want to use the money to feed their families, pay their rent and mortgages, home bills.
you would think if the prices of food were hurting families so bad like republicans keep claiming people wouldnt have the extra money to spend on movies, concerts, sporting events, air travel, vacations as just some examples. I would think they would want to use the money to feed their families, pay their rent and mortgages, home bills.
The owner of arizona iced tea said he doesnt have to raise prices and gouge people. Go figure, a decent person that owns a huge company not wanting to rob all of us. But hey the prices are all joe bidens fault. Just wait until the magas get a mouthful of trumps tariffs on everything should he win AND THEY WONT BE ABLE TO SAY OR DO ANYTHING BECAUSE TRUMPY WILL HAVE ALREADY TAKEN ALL THESE DUMB MAGAS GUNS
The owner of arizona iced tea said he doesnt have to raise prices and gouge people. Go figure, a decent person that owns a huge company not wanting to rob all of us. But hey the prices are all joe bidens fault. Just wait until the magas get a mouthful of trumps tariffs on everything should he win AND THEY WONT BE ABLE TO SAY OR DO ANYTHING BECAUSE TRUMPY WILL HAVE ALREADY TAKEN ALL THESE DUMB MAGAS GUNS
wolverine and deadpool break box office records https://finance.yahoo.com/news/goldman-sachs-predicts-165-surge-130927486.html you would think if the prices of food were hurting families so bad like republicans keep claiming people wouldnt have the extra money to spend on movies, concerts, sporting events, air travel, vacations as just some examples. I would think they would want to use the money to feed their families, pay their rent and mortgages, home bills.
@cd329
That is a positive indicator, overlooked by many. Consumer spending!!
Not perfect, there's still work to do toward further growth, but those indicators do coincide with the latest economic news, which is mostly positive!
Quote Originally Posted by cd329:
wolverine and deadpool break box office records https://finance.yahoo.com/news/goldman-sachs-predicts-165-surge-130927486.html you would think if the prices of food were hurting families so bad like republicans keep claiming people wouldnt have the extra money to spend on movies, concerts, sporting events, air travel, vacations as just some examples. I would think they would want to use the money to feed their families, pay their rent and mortgages, home bills.
@cd329
That is a positive indicator, overlooked by many. Consumer spending!!
Not perfect, there's still work to do toward further growth, but those indicators do coincide with the latest economic news, which is mostly positive!
Quote Originally Posted by cd329: wolverine and deadpool break box office records https://finance.yahoo.com/news/goldman-sachs-predicts-165-surge-130927486.html you would think if the prices of food were hurting families so bad like republicans keep claiming people wouldnt have the extra money to spend on movies, concerts, sporting events, air travel, vacations as just some examples. I would think they would want to use the money to feed their families, pay their rent and mortgages, home bills. @cd329 That is a positive indicator, overlooked by many. Consumer spending!! Not perfect, there's still work to do toward further growth, but those indicators do coincide with the latest economic news, which is mostly positive!
"I'm the MOST HONEST human being that GOD EVER created!" - Donald "the felon" Trump
Quote Originally Posted by fubah2:
Quote Originally Posted by cd329: wolverine and deadpool break box office records https://finance.yahoo.com/news/goldman-sachs-predicts-165-surge-130927486.html you would think if the prices of food were hurting families so bad like republicans keep claiming people wouldnt have the extra money to spend on movies, concerts, sporting events, air travel, vacations as just some examples. I would think they would want to use the money to feed their families, pay their rent and mortgages, home bills. @cd329 That is a positive indicator, overlooked by many. Consumer spending!! Not perfect, there's still work to do toward further growth, but those indicators do coincide with the latest economic news, which is mostly positive!
Vice President Kamala Harris’ campaign has raised $200 million since she emerged as the likely Democratic presidential nominee last week, an eyepopping haul in her race against the CONVICTED FELON/rapist.
The campaign, said the bulk of the donations — 66% — comes from first-time contributors in the 2024 election cycle and were made after President Joe Biden announced his exit from the race and endorsed Harris.
Over 170,000 volunteers have also signed up to help.
Stunning numbers!
WASHINGTON (AP) —
Vice President Kamala Harris’ campaign has raised $200 million since she emerged as the likely Democratic presidential nominee last week, an eyepopping haul in her race against the CONVICTED FELON/rapist.
The campaign, said the bulk of the donations — 66% — comes from first-time contributors in the 2024 election cycle and were made after President Joe Biden announced his exit from the race and endorsed Harris.
Over 170,000 volunteers have also signed up to help.
Quote Originally Posted by fubah2: Markets off to a great start Wednesday!.....waiting for news from Fed. I expect some volatility though. Plenty of volatility.....as expected!
Markets will most likely trend back up again next week
Quote Originally Posted by fubah2:
Quote Originally Posted by fubah2: Markets off to a great start Wednesday!.....waiting for news from Fed. I expect some volatility though. Plenty of volatility.....as expected!
Markets will most likely trend back up again next week
Vice President Kamala Harris officially locked up the Democratic presidential nomination after receiving the support of a majority of Democratic convention delegates in a virtual roll-call vote.
Vice President Kamala Harris officially locked up the Democratic presidential nomination after receiving the support of a majority of Democratic convention delegates in a virtual roll-call vote.
HEADLINES today . . . Minnesota Governor is Harris' VP
trump campaign is going to find it hard to attack a State Governor popular in his state; a former Congressman for 12 years; who was a high school teacher and football coach; who was a respected Command Sgt. Major in the Army National Guard for which he devoted 24 years; and he is gun owner and hunter!
Another line of attack which the MAGAS will lose: he's aWHITEguy!
Quote Originally Posted by fubah2:
HEADLINES today . . . Minnesota Governor is Harris' VP
trump campaign is going to find it hard to attack a State Governor popular in his state; a former Congressman for 12 years; who was a high school teacher and football coach; who was a respected Command Sgt. Major in the Army National Guard for which he devoted 24 years; and he is gun owner and hunter!
Another line of attack which the MAGAS will lose: he's aWHITEguy!
"Tim Walz dodged a deployment and then lied about his military rank. This is not a small deal. Minnesota media was able to cover it up. It flew totally under the radar.
It’s out there now, and it’s real scum bag shit."
Time is a flat circle....
"respected CSM in Army"
"Tim Walz dodged a deployment and then lied about his military rank. This is not a small deal. Minnesota media was able to cover it up. It flew totally under the radar.
Quote Originally Posted by fubah2: HEADLINES today . . . Minnesota Governor is Harris' VP trump campaign is going to find it hard to attack a State Governor popular in his state; a former Congressman for 12 years; who was a high school teacher and football coach; who was a respected Command Sgt. Major in the Army National Guard for which he devoted 24 years; and he is gun owner and hunter! Another line of attack which the MAGAS will lose: he's a WHITE guy!
@Zeus4par
Yes. That takes away a go-to line of attack of which most of their followers seem to approve.
But ATTACK is all they have since they don't have a platform to herald to Americans - unless we count the pseudo-fascist Project 2025
Quote Originally Posted by Zeus4par:
Quote Originally Posted by fubah2: HEADLINES today . . . Minnesota Governor is Harris' VP trump campaign is going to find it hard to attack a State Governor popular in his state; a former Congressman for 12 years; who was a high school teacher and football coach; who was a respected Command Sgt. Major in the Army National Guard for which he devoted 24 years; and he is gun owner and hunter! Another line of attack which the MAGAS will lose: he's a WHITE guy!
@Zeus4par
Yes. That takes away a go-to line of attack of which most of their followers seem to approve.
But ATTACK is all they have since they don't have a platform to herald to Americans - unless we count the pseudo-fascist Project 2025
Quote Originally Posted by fubah2: Quote Originally Posted by fubah2: Markets off to a great start Wednesday!.....waiting for news from Fed. I expect some volatility though. Plenty of volatility.....as expected!
Markets will most likely trend back up again next week
Good news for American investments as the rebound continues...
Quote Originally Posted by fubah2:
Quote Originally Posted by fubah2: Quote Originally Posted by fubah2: Markets off to a great start Wednesday!.....waiting for news from Fed. I expect some volatility though. Plenty of volatility.....as expected!
Markets will most likely trend back up again next week
Good news for American investments as the rebound continues...
Quote Originally Posted by fubah2: Quote Originally Posted by fubah2: Quote Originally Posted by fubah2: Markets off to a great start Wednesday!.....waiting for news from Fed. I expect some volatility though. Plenty of volatility.....as expected! Markets will most likely trend back up again next week Good news for American investments as the rebound continues...
Volatility today. I'm too am expecting more of the same and for an extended period
I am not going to move much if anything, just too risky now with what's goin on in the middle east too
Quote Originally Posted by fubah2:
Quote Originally Posted by fubah2: Quote Originally Posted by fubah2: Quote Originally Posted by fubah2: Markets off to a great start Wednesday!.....waiting for news from Fed. I expect some volatility though. Plenty of volatility.....as expected! Markets will most likely trend back up again next week Good news for American investments as the rebound continues...
Volatility today. I'm too am expecting more of the same and for an extended period
I am not going to move much if anything, just too risky now with what's goin on in the middle east too
Why wasnt this piece of shit vance arrested today for trying to get close to Air Force 2. He has no authority to get anywhere near that plane and the secret service should have put this low life in cuffs. He wanted to confront her, maybe he wanted to do her or waltz harm. Secret service fucked up, hope they hold hearing on this shit.
“Make sure AF2 is deep cleaned because Lord only knows what @KamalaHarris and her team have done on there,” Trump-Vance campaign spokesman Steven Cheung tweeted back.
“The smell alone on that plane must be crazy.”
Vance had better explain what exactly harris has been doing on the plane and why it would smell. This behavior is not normal and needs to stop
I hope when Harris wins, since Presidents now have unlimited power, she sends the seal team from the IRS to give vance a cavity search to see if he has paid all his taxes on his silicon valley windfalls he has made
Why wasnt this piece of shit vance arrested today for trying to get close to Air Force 2. He has no authority to get anywhere near that plane and the secret service should have put this low life in cuffs. He wanted to confront her, maybe he wanted to do her or waltz harm. Secret service fucked up, hope they hold hearing on this shit.
“Make sure AF2 is deep cleaned because Lord only knows what @KamalaHarris and her team have done on there,” Trump-Vance campaign spokesman Steven Cheung tweeted back.
“The smell alone on that plane must be crazy.”
Vance had better explain what exactly harris has been doing on the plane and why it would smell. This behavior is not normal and needs to stop
I hope when Harris wins, since Presidents now have unlimited power, she sends the seal team from the IRS to give vance a cavity search to see if he has paid all his taxes on his silicon valley windfalls he has made
Why wasnt this piece of shit vance arrested today for trying to get close to Air Force 2. He has no authority to get anywhere near that plane and the secret service should have put this low life in cuffs.
He got lucky. Either that or the secret service is now terrified of retribution from the crazed MAGA cult
Quote Originally Posted by cd329:
Why wasnt this piece of shit vance arrested today for trying to get close to Air Force 2. He has no authority to get anywhere near that plane and the secret service should have put this low life in cuffs.
He got lucky. Either that or the secret service is now terrified of retribution from the crazed MAGA cult
CNN — First-time claims for unemployment benefits fell last week, putting some of the worst recession fears on hiatus and fueling market optimism after Monday’s global rout.
Initial claims fell to 233,000 from the prior week’s upwardly revised 250,000, according to Department of Labor data released Thursday.
Reasonably good news! Markets rise!
CNN — First-time claims for unemployment benefits fell last week, putting some of the worst recession fears on hiatus and fueling market optimism after Monday’s global rout.
Initial claims fell to 233,000 from the prior week’s upwardly revised 250,000, according to Department of Labor data released Thursday.
Why wasnt this piece of shit vance arrested today for trying to get close to Air Force 2. He has no authority to get anywhere near that plane and the secret service should have put this low life in cuffs. He wanted to confront her, maybe he wanted to do her or waltz harm. Secret service fucked up, hope they hold hearing on this shit.
Time is a flat circle....
@cd329
Why wasnt this piece of shit vance arrested today for trying to get close to Air Force 2. He has no authority to get anywhere near that plane and the secret service should have put this low life in cuffs. He wanted to confront her, maybe he wanted to do her or waltz harm. Secret service fucked up, hope they hold hearing on this shit.
That’s **DOUBLE** the 1.4% rate seen earlier this year, and well above the 1.9% rate economists projected in a FactSet poll! 
I'm too am expecting more of the same and for an extended period
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