The Economy - Real Up-to-Date Numbers

  
By:  al Jizzerror  •  2 months ago  •  71 comments


The Economy - Real Up-to-Date Numbers
Cherry pick the numbers that support your belief butt don't use your own bullshit numbers.

Sponsored by group SiNNERs and ButtHeads

SiNNERs and ButtHeads





I know the Retrumplicans will want to focus on inflation (which is high), butt the truth is, the economy is recovering nicely despite the fact that we are still experiencing a terrible pandemic.

All of the graphs included below are from CNN ( https://www.cnn.com/business/economic-growth-indicators?utm_source=optzlynewmarketribbon ) because their  dashboard is refreshed automatically.

Trump's favorite way to brag about the economy was to always take credit for the stock market reaching new highs.  So let's look at the performance of the S&P 500:

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As you can see the S&P 500 index has achieved MANY new record highs since last August.  Joe Biden has NOT been constantly bragging about it. 

The best measure of economic activity is the Gross Domestic Product.  This graph illustrates that the Real Gross Domestic Product (which is adjusted for inflation) is also at a record high.

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Now let's look at Jobs.  We haven't achieved pre-pandemic numbers butt we are rapidly approaching those numbers:

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Likewise, the unemployment rate is dropping even though the pandemic continues:

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The US economy is driven by consumer spending.  That's why the following graph is encouraging.  Consumer spending is above pre-pandemic levels:

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The next graph is the only one the Republicans want to discuss.  The CPI measures the rate of inflation and yes, it is higher.

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Usually Republicans claim to worry about debt.  This graph shows to Debt to GDP ratio.  It peaked in 2020 (during the Trump administration) and is slowly coming down now.

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The price of housing has gone up so you will be able to get more money when you sell your house:

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The mortgage rate is almost as low as it was during the peak of the pandemic.  This is good news if you are buying or selling a house:

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Housing starts are at about the pre-pandemic level.  This is good news for jobs and housing.

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Q:  So has the economy fully recovered from the terrible recession?

A:  It has almost fully recovered and, considering the fact that we are still in the grips of the pandemic, it doing amazingly well.

I blame Joe Biden!

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al Jizzerror
Sophomore Expert
1  author  al Jizzerror    2 months ago

Republicans don't want to see the real numbers because they can't handle the truth.

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devangelical
Professor Principal
1.1  devangelical  replied to  al Jizzerror @1    2 months ago

the truth makes the wheels come off their all doom and gloom narrative. 4 years ago it was the "he was just joking, give him a chance" chorus we had to listen to nonstop. now if you can't fix all the monumental fuck-ups caused by the previous administration in 10 months, you're all washed up and and late for the drool room or bone yard.

 
 
 
Jeremy Retired in NC
Masters Participates
2  Jeremy Retired in NC    2 months ago

The "real numbers" from CNN

jrSmiley_10_smiley_image.gif

 
 
 
al Jizzerror
Sophomore Expert
2.1  author  al Jizzerror  replied to  Jeremy Retired in NC @2    2 months ago

I see you can't handle the truth.

Reading is fundamental.  The numbers didn't come from CNN.  CNN merely reports the numbers (accurately).  Each graph states the source of the numbers.  

S&P 500 index

Source: S&P Dow Jones Indices LLC via FRED    Data as of November 26, 2021

Real gross domestic product  Note: Seasonally adjusted, chained 2012 dollars
Source: US Bureau of Economic Analysis via FRED      Data as of November 24, 2021

US payrolls   Note: Monthly change, seasonally adjusted

Source: US Bureau of Labor statistics via FRED     Data as of November 05, 2021

Unemployment rate   Note: Seasonally adjusted

Source: US Bureau of Labor Statistics via FRED     Data as of November 05, 2021

Consumer spending   Note: Seasonally adjusted, chained 2012 dollars

Source: US Bureau of Economic Analysis via FRED     Data as of November 24, 2021

Consumer price index (CPI)   Note: Percent change from year ago, seasonally adjusted

Source: US Bureau of Labor Statistics via FRED     Data as of November 10, 2021

Debt-to-GDP   Note: Percent of GDP, seasonally adjusted

Source: Federal Reserve Bank of St. Louis via FRED     Data as of September 30, 2021

S&P/Case-Shiller US national home price index   Note: Index Jan 2000=100, not seasonally adjusted

Source: S&P Dow Jones Indices LLC via FRED     Data as of October 26, 2021

30-year fixed mortgage rate Note: Not seasonally adjusted

Source: Freddie Mac via FRED     Data as of November 24, 2021

Housing starts   Note: Units, seasonally adjusted annual rate

Source: US Census Bureau via FRED     Data as of November 17, 2021

Please indicate which numbers are in error and cite your sources.

 
 
 
devangelical
Professor Principal
2.1.1  devangelical  replied to  al Jizzerror @2.1    2 months ago

those are all fake news sources according to those that have been mired in denial and deep disappointment for over a year now...

 
 
 
Jeremy Retired in NC
Masters Participates
2.1.2  Jeremy Retired in NC  replied to  al Jizzerror @2.1    2 months ago

And that's supposed to change the source quoted in the seed?  

 
 
 
al Jizzerror
Sophomore Expert
2.1.3  author  al Jizzerror  replied to  Jeremy Retired in NC @2.1.2    2 months ago
And that's supposed to change the source quoted in the seed?

Read the article.  The source for each graph is at the bottom of the graph.

Reading is fundaMENTAL. 

 
 
 
Jeremy Retired in NC
Masters Participates
2.1.4  Jeremy Retired in NC  replied to  al Jizzerror @2.1.3    2 months ago
Read the article

If there was one.  

 
 
 
Split Personality
PhD Principal
2.1.5  Split Personality  replied to  Jeremy Retired in NC @2.1.4    2 months ago
You are here: Home / Politics / 2012 Elections / Facts? We Don’t Need No Stinking Facts

Facts? We Don’t Need No Stinking Facts

September 4, 2012 by KAY WOOD 12 Comments

Republicans are apparently not even pretending anymore that they’re telling the truth. The Big Lie seems to have unabashedly become their Official Policy. One Republican campaign pollster, Neil Newhouse, even said: “We’re not going to let our campaign be dictated by fact-checkers,” at a panel organized by ABC News.

Facts? We Don't Need No Stinking Facts – The Moderate Voice

Nothing has really changed in decades.

People believe what they are predisposed to believe and filter out the rest.

 
 
 
sandy-2021492
Professor Principal
2.2  sandy-2021492  replied to  Jeremy Retired in NC @2    2 months ago

We await your refutation.

 
 
 
al Jizzerror
Sophomore Expert
2.2.1  author  al Jizzerror  replied to  sandy-2021492 @2.2    2 months ago

Trumpanzees just fling poop and run away.

 
 
 
Jeremy Retired in NC
Masters Participates
2.2.2  Jeremy Retired in NC  replied to  sandy-2021492 @2.2    2 months ago

I await a credible source to refute.

 
 
 
sandy-2021492
Professor Principal
2.2.3  sandy-2021492  replied to  Jeremy Retired in NC @2.2.2    2 months ago

So, you can't refute.  Not surprised.

 
 
 
Jeremy Retired in NC
Masters Participates
2.2.4  Jeremy Retired in NC  replied to  sandy-2021492 @2.2.3    2 months ago

Give me something to refute.  CNN is a laughable source.  You'd be better off quoting the Babylon Bee.  At least they admit their stories are fictional.

 
 
 
Trout Giggles
Professor Principal
2.2.5  Trout Giggles  replied to  Jeremy Retired in NC @2.2.4    2 months ago

Re-read Al's comment 2.1. Those sources are straight from the Dow Jones and gov't agencies who keep track of this stuff

 
 
 
sandy-2021492
Professor Principal
2.2.6  sandy-2021492  replied to  Trout Giggles @2.2.5    2 months ago

I predict that your comment will be ignored.  In attacking the source rather than make a slight attempt at refuting it, his position is revealed as weak.  Some folks don't mind tanking their credibility in the course of trolling.

 
 
 
Trout Giggles
Professor Principal
2.2.7  Trout Giggles  replied to  sandy-2021492 @2.2.6    2 months ago

He's stuck on that the seed source is CNN. However, it does take a tiny bit of critical thinking to understand that CNN reports from other sources such as the sources Al listed in his comment 2.1

 
 
 
Hallux
Sophomore Principal
2.2.8  Hallux  replied to  Jeremy Retired in NC @2.2.4    2 months ago
Give me something to refute.  CNN is a laughable source.

CNN is not the source, FRED is.

 
 
 
JohnRussell
Professor Principal
2.2.9  JohnRussell  replied to  Trout Giggles @2.2.7    2 months ago

When one is willfully ignorant all we can do is ask why? Do they truly not understand or is the non - understanding just a pretense.  Thing is, what difference does it make? 

 
 
 
Trout Giggles
Professor Principal
2.2.10  Trout Giggles  replied to  Hallux @2.2.8    2 months ago

He can't get past that

 
 
 
Jeremy Retired in NC
Masters Participates
2.2.11  Jeremy Retired in NC  replied to  Trout Giggles @2.2.5    2 months ago
Al's comment 2.1.

See my comment in 2.2.2. 

Also, I guess you missed where the article states "All of the graphs included below are from CNN" That puts every one of them into question.

And why would I need to read somebody else's addition.  Are you saying the seeder didn't do any research?  That's what is looks like to me.

 
 
 
al Jizzerror
Sophomore Expert
2.2.12  author  al Jizzerror  replied to  Jeremy Retired in NC @2.2.2    2 months ago
I await a credible source to refute.

I suppose "FRED" is not a credible source when compared to Breitfart and Faux Noise.

The data in the graphs was provided by "FRED" (Federal Reserve Economic Data).

You should keep drinking from the fact free Fox puke funnel.

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Jeremy Retired in NC
Masters Participates
2.2.13  Jeremy Retired in NC  replied to  Hallux @2.2.8    2 months ago

[deleted]

 
 
 
al Jizzerror
Sophomore Expert
2.2.14  author  al Jizzerror  replied to  Jeremy Retired in NC @2.2.4    2 months ago
CNN is a laughable source.

As previously stated, CNN is NOT the source of the data.

CNN merely accurately reported the data provided by FRED (Federal Reserve Economic Data).

 
 
 
al Jizzerror
Sophomore Expert
2.2.15  author  al Jizzerror  replied to  Jeremy Retired in NC @2.2.13    2 months ago
Since there is no link to the seeded content, the only conclusion is that this is fabricated. 

Look at the bottom of each graph.  

I even provided idiot proof links in comment  2.1.

 
 
 
Trout Giggles
Professor Principal
2.2.16  Trout Giggles  replied to  Jeremy Retired in NC @2.2.11    2 months ago

you're dismissed

 
 
 
Veronica
Senior Expert
2.2.17  Veronica  replied to  al Jizzerror @2.2.1    2 months ago

giphy.gif?cid=ecf05e476f59mdmlx7zp38g85hh8bsxtgf6othmmq89q9mdu&rid=giphy.gif&ct=g

 
 
 
Jeremy Retired in NC
Masters Participates
2.2.18  Jeremy Retired in NC  replied to  al Jizzerror @2.2.15    2 months ago

[deleted]

 
 
 
al Jizzerror
Sophomore Expert
2.2.19  author  al Jizzerror  replied to  Jeremy Retired in NC @2.2.11    2 months ago

Derp.

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Ender
Professor Principal
2.2.20  Ender  replied to  Trout Giggles @2.2.16    2 months ago

512

 
 
 
al Jizzerror
Sophomore Expert
2.2.21  author  al Jizzerror  replied to  Veronica @2.2.17    2 months ago

 
 
 
Thrawn 31
PhD Guide
2.2.22  Thrawn 31  replied to  Jeremy Retired in NC @2.2.18    2 months ago

I see a link, but I doubt the source is the issue for you. Unless the numbers drive the political narrative you have crafted then they must be wrong, end of story.  They could come from Fox and you would still reject them.

Out of curiosity, what is a credible source in your eyes, even though as I said the source isn't what you take issue with? 

 
 
 
Thrawn 31
PhD Guide
2.2.23  Thrawn 31  replied to  Jeremy Retired in NC @2.2.11    2 months ago

Dude, at the bottom of every single graph it says where it came from. CNN did not make them. 

 
 
 
Trout Giggles
Professor Principal
2.2.24  Trout Giggles  replied to  Thrawn 31 @2.2.23    2 months ago

It's now a lost cause. Jeremy is in his happy place. Let's leave him alone

 
 
 
Veronica
Senior Expert
2.2.25  Veronica  replied to  al Jizzerror @2.2.21    2 months ago

That was gross. 

 
 
 
Trout Giggles
Professor Principal
2.2.26  Trout Giggles  replied to  Veronica @2.2.25    2 months ago

gross...but funny

 
 
 
Veronica
Senior Expert
2.2.27  Veronica  replied to  Trout Giggles @2.2.26    2 months ago

Yea, it was funny - I was waiting for it to hit the camera.

 
 
 
Thrawn 31
PhD Guide
2.2.28  Thrawn 31  replied to  Trout Giggles @2.2.24    2 months ago

Oh I know. As I stated below he doesn't actually care about the source, his issue is the data itself. Because it does not say the US is hurtling towards another depression, and thus he can't say Biden is ruining the economy, he will disagree with it. Trying to criticize the source is just his lazy ass bullshit way to discredit the information without being honest about why it should be discredited. Never mind the fact that by trying to claim CNN is the source when it obviously is not just makes him look like a fucking idiot. 

 
 
 
Trout Giggles
Professor Principal
2.2.29  Trout Giggles  replied to  Veronica @2.2.27    2 months ago

It would have hit that kid in the face before it hit the camera

 
 
 
Tessylo
Professor Principal
2.2.30  Tessylo  replied to  Jeremy Retired in NC @2.2.18    2 months ago

Ignorance is bliss, so they say

 
 
 
Hallux
Sophomore Principal
2.2.31  Hallux  replied to  Jeremy Retired in NC @2.2.13    2 months ago

While I am sure there is someone named Fred among CNN's employees, I am equally sure that there is no one named FRED.

 
 
 
al Jizzerror
Sophomore Expert
2.2.32  author  al Jizzerror  replied to  Jeremy Retired in NC @2.2.18    2 months ago
Since there is no link to the seeded content, the only conclusion is that this is fabricated.

512

 
 
 
Veronica
Senior Expert
2.2.33  Veronica  replied to  Trout Giggles @2.2.29    2 months ago

That would have been funny.

 
 
 
sandy-2021492
Professor Principal
2.2.34  sandy-2021492  replied to  Jeremy Retired in NC @2.2.18    2 months ago

[[deleted]]

 
 
 
devangelical
Professor Principal
2.2.35  devangelical  replied to  sandy-2021492 @2.2.34    2 months ago

[[deleted]]

 
 
 
TᵢG
Professor Principal
2.3  TᵢG  replied to  Jeremy Retired in NC @2    2 months ago

139440060-credibility-label-credibilityround-band-sign-credibility-stamp.jpg?ver=6 down the tubes.

 
 
 
Jeremy Retired in NC
Masters Participates
2.3.1  Jeremy Retired in NC  replied to  TᵢG @2.3    2 months ago

So does that put me on the level of this article do I still have some sinking to go?

 
 
 
JohnRussell
Professor Principal
2.3.3  JohnRussell  replied to  Jeremy Retired in NC @2.3.1    2 months ago

Why not distract everyone by telling us again how slavery in America was not based on race? 

 
 
 
al Jizzerror
Sophomore Expert
2.3.4  author  al Jizzerror  replied to  Jeremy Retired in NC @2.3.1    2 months ago

jrSmiley_78_smiley_image.gif

 
 
 
1stwarrior
Professor Guide
2.3.5  1stwarrior  replied to  JohnRussell @2.3.3    2 months ago

[deleted]

 
 
 
Jeremy Retired in NC
Masters Participates
2.3.6  Jeremy Retired in NC  replied to  JohnRussell @2.3.3    2 months ago
Since there is no link to the seeded content, the only conclusion is that this is fabricated.

And you want to talk about a distraction.  

 
 
 
Trout Giggles
Professor Principal
2.3.7  Trout Giggles  replied to  Jeremy Retired in NC @2.3.6    2 months ago

I'll tell you what's a distraction...whoever is voting up your intellectually adverse comments

 
 
 
al Jizzerror
Sophomore Expert
2.3.8  author  al Jizzerror  replied to  Jeremy Retired in NC @2.3.6    2 months ago

Since there is no link to the seeded content, the only conclusion is that this is fabricated.

Everyone else sees the links.

512

 
 
 
TᵢG
Professor Principal
2.3.9  TᵢG  replied to  Jeremy Retired in NC @2.3.1    2 months ago

I just finished reading the balance of your comments and the replies from members.   Based on that, if sinking is your desire then you might be close to the bottom.

 
 
 
Trout Giggles
Professor Principal
2.3.10  Trout Giggles  replied to  al Jizzerror @2.3.8    2 months ago

words highlighted in blue, right?

 
 
 
Hallux
Sophomore Principal
2.3.11  Hallux  replied to  al Jizzerror @2.3.8    2 months ago
Everyone else sees the links.

Yes ... but Jeremy is busy with his new toy

256

 
 
 
Trout Giggles
Professor Principal
2.3.12  Trout Giggles  replied to  Hallux @2.3.11    2 months ago

early Christmas gift?

 
 
 
Thrawn 31
PhD Guide
2.4  Thrawn 31  replied to  Jeremy Retired in NC @2    2 months ago

Again, the source is not your issue, the numbers themselves are. They don't say what you want so they must be wrong. 

 
 
 
Kavika
Professor Principal
3  Kavika     2 months ago

If one believes that the numbers aren't accurate it should be easy to dispute them.

 
 
 
devangelical
Professor Principal
3.1  devangelical  replied to  Kavika @3    2 months ago

typing out nu-uh and posting an emoji is the equivalent apparently...

 
 
 
Kavika
Professor Principal
3.2  Kavika   replied to  Kavika @3    2 months ago

I guess the numbers aren't that easy to dispute. 

 
 
 
sandy-2021492
Professor Principal
3.2.1  sandy-2021492  replied to  Kavika @3.2    2 months ago

Nope.  Childish cop-outs are easy to type, though.

 
 
 
Kavika
Professor Principal
4  Kavika     2 months ago

Those so-called real numbers are hiding somewhere, I just can't find them said no one.

58njbc.jpg

 
 
 
Trout Giggles
Professor Principal
4.1  Trout Giggles  replied to  Kavika @4    2 months ago

Ceiling Cat knows what you did last summer

 
 
 
Veronica
Senior Expert
4.1.1  Veronica  replied to  Trout Giggles @4.1    2 months ago

Ut-Oh - I am in trouble now....

 
 
 
Thrawn 31
PhD Guide
5  Thrawn 31    2 months ago

The problem we are having is supply chain issues combined with increasing demand as more people get back to work, which is driving inflation. this isn't entirely surprising as it will take various industries time to get back to pre-covid production levels. 

 
 
 
Tessylo
Professor Principal
5.1  Tessylo  replied to  Thrawn 31 @5    2 months ago

No, its all President Biden's fault!

Don't you know that anything bad is his fault?

 
 
 
devangelical
Professor Principal
5.1.1  devangelical  replied to  Tessylo @5.1    2 months ago

... everything was perfect in trumpsterland, until 1/20/21.

 
 
 
al Jizzerror
Sophomore Expert
5.1.2  author  al Jizzerror  replied to  devangelical @5.1.1    2 months ago
... everything was perfect in trumpsterland, until 1/20/21.

It started turning into shit on 11/3/2020.

 
 
 
Kavika
Professor Principal
6  Kavika     2 months ago

It seems that trying to debate with Jeremy is like playing chess with a pigeon. They squawk a lot, knock over the pieces, shit on the board, and strut around like they won.

 
 
 
Trout Giggles
Professor Principal
6.1  Trout Giggles  replied to  Kavika @6    2 months ago

jrSmiley_10_smiley_image.gif

 
 

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