Economy close to tanking?

[TravelingHere]

Originally Posted by Texas Contrarian

Hey, counselor! Aren't you lawyers the champions of "waxing poetic?"

During my skool daze (long, long ago) I've enjoyed this saw about lawyers (and my late father was one).

"If the facts are on his side, an attorney should argue the facts -- and if the law is on his side, he should argue the law. If neither is on his side, he should POUND THE FUCKING TABLE!"

Well, now, that sounds a bit rude and crude, doesn't it? Instead of doing something so crass, maybe the modern, refined attorney just keeps claiming that the guys on the other side are continually "waxing poetic." (That seems like a sure-fire way to convince the jury!)

Speaking of waxing ... (Well, maybe not quite so "poetic") ...

Would any of you Biden-Harris fanboys like to take a stab at translating this?

In a short 100-second clip, Biden's Council of Economic Advisers chair Jared Bernstein manages to pack a quantity of confused babble that may so far be unmatched by any of the ECCIE Political Forum's progressives!



(Ouch! That was almost painful to watch!)

It's a classic, was painful to watch

[1blackman1]

Wall Street Journal says next president will inherent a remarkable economy.

Again. Without going on for paragraphs of waxing poetic I was correct.

https://www.wsj.com/economy/the-next...onomy-7be2d059

[TravelingHere]

Originally Posted by 1blackman1

Wall Street Journal says next president will inherent a remarkable economy.

Again. Without going on for paragraphs of waxing poetic I was correct.

https://www.wsj.com/economy/the-next...onomy-7be2d059

Here's a counterpoint to that article:
https://www.zerohedge.com/political/...-about-economy

[farmstud60]

But the October Jobs report shows a weakening economy. They revised the last couple lower later, and this was actually showed a negative job growth if you take out increases in Government hiring. Increased government hiring is a drag on the economy as it increases costs with producing anything.


Warren Buffet's Berkshire Hathaway has a large cash position because stocks are over valued.


Not sure where WSJ is coming up with the strong economy nonsense.

[KCFalcon77]

Originally Posted by TravelingHere

It's a classic, was painful to watch

That is a hoot. Honestly its pretty similar to most of the interviews you see of Harris. They ask her a question and she's gone on for some time with words coming out of her mouth and NONE of them have a thing to do with the question..

[Texas Contrarian]

Originally Posted by 1blackman1

Wall Street Journal says next president will inherent a remarkable economy.

Again. Without going on for paragraphs of waxing poetic I was correct.

https://www.wsj.com/economy/the-next...onomy-7be2d059

Reporters with a history of serving up happy talk about the economic outlook are a dime a dozen, as we continually see.

Would you care to make an effort to dispute any of the facts I posted, or are you just going to "claim victory" and run away? (Don't answer that!) We'll see how the landscape looks at the (inevitable) time when policymakers are forced to deal with our perilous debt-accumulation trajectory.

You progressives think our only problem is that the "rich" and "big, greedy corporations" don't pay their fair share of taxes. Right?

[TravelingHere]

Originally Posted by KCFalcon77

That is a hoot. Honestly its pretty similar to most of the interviews you see of Harris. They ask her a question and she's gone on for some time with words coming out of her mouth and NONE of them have a thing to do with the question..

Harris is incoherent, but one would expect the proxies they put on tv to be more competent.
But just tune in to Squawk Box on CNBC when they have them on and you see there isn't much substance there.

[1blackman1]

Originally Posted by Texas Contrarian

Reporters with a history of serving up happy talk about the economic outlook are a dime a dozen, as we continually see.

Would you care to make an effort to dispute any of the facts I posted, or are you just going to "claim victory" and run away? (Don't answer that!) We'll see how the landscape looks at the (inevitable) time when policymakers are forced to deal with our perilous debt-accumulation trajectory.

You progressives think our only problem is that the "rich" and "big, greedy corporations" don't pay their fair share of taxes. Right?

I’m claiming victory because I’m correct. The economy is strong and isn’t tanking. The WSJ doubled down after the jobs report saying the economy and outlook is strong.

Issues with debt isn’t on dispute but we’re not suffering because of it. Austerity or freezing govt spending would be all good except that it ain’t happening in any meaningful way under either party. Discretionary spending isn’t enough even if we completely cut it out.

After all it was the republicans that said “deficits don’t matter”.