US consumer confidence hits 14-month high, house prices soar

  

Category:  News & Politics

Via:  hallux  •  2 weeks ago  •  37 comments

By:   Al Jazeera from Reuters

US consumer confidence hits 14-month high, house prices soar
An upbeat survey released Tuesday by the Conference Board suggests the US economy is continuing to power ahead early in the second quarter as the pace of COVID-19 vaccinations accelerates

This should play well in some quarters tonight ...


S E E D E D   C O N T E N T



United States consumer confidence jumped to a 14-month high in April as increased vaccinations against COVID-19 and additional fiscal stimulus allowed for more businesses to reopen, boosting demand and hiring by companies.

An upbeat survey released Tuesday by the Conference Board suggests the economy is continuing to power ahead early in the second quarter as the pace of COVID-19 vaccinations accelerates. The survey shows the economy continued to surge after what appears to have been robust growth in the first three months of the year, believed by many economists to have been the second strongest since 2003. Growth this year is expected to be the best in nearly four decades.

The report gets better so read on ...


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Hallux
Freshman Principal
1  seeder  Hallux    2 weeks ago

This should play well in some quarters tonight ... in other quarters the search for a negative squirrel will rule their nasty nest.

 
 
 
Kavika
Professor Principal
1.1  Kavika   replied to  Hallux @1    2 weeks ago

But if Biden was to be elected the stock market would crash, it's true cuz Trump said so. /s

 
 
 
Hallux
Freshman Principal
1.1.1  seeder  Hallux  replied to  Kavika @1.1    2 weeks ago

How you doing today Kavika? I'm off to Kahnawake to view some of Babe and Carla Hemlocks artwork: Have a good one!

 
 
 
Kavika
Professor Principal
1.1.2  Kavika   replied to  Hallux @1.1.1    2 weeks ago

I'm doing great, hope all is well with you. 

The Hemlocks ''cradle boards'' are stunning. 

Wish I was headed there with you.

The famous photo of the Oka war. The warrior on the right facing the photo is Ojibwe, ironic considering the history of the Mohawk and Ojibwe. 

512

 
 
 
igknorantzrulz
Senior Participates
1.1.3  igknorantzrulz  replied to  Kavika @1.1    2 weeks ago
it's true cuz Trump said so.

C'mon now, you're not implying that Trump could or would manipulate the gullible ignorance that did bite into his Mexican Chimichanga croissant Wall and All paid for buy not US  All, cause Trump[ onl7y maid "perfect" Phone Calls, usually from booths, would never ever be influenced by the one who Putin it in him asz he gets off-ice hot and bothered by Stormy who all seas,

 could never admit to payin $130,000 a pop to hit mom

cause he knows the "Art of the Deal" when Putin does make him squeal till he gets pist all wipped into the shape of boiling ice cream "dreams turn to Nightmares Heaven turns to Hell" cause when his lips were moving , you could tell

all while his cult joined and did his chores they worked too off ten to benign , ate  up his bullship that done sunk US to Depths that Bends

ones mind to get around judgement sound,  absorbed by Jr, and Senior(s) tied n Died directly due to Trump LIED

US too Death, B not Proud     as it was heard allowed via immunity to the actuality of how far peep holes were not looking to get a taste of what Trump's Books looked like after cooking  a Novel Virus rarely well done, and thankfully he is, despite an insurrection from our "patriots" as Trump stole the election stolen     as he did M bolden those he was and does B Holdin,   asz he is quite the Trump Card to disregard the tackle Trump attempted while Russian around our End to a Means

asz the ignorance became Obscenes    edited to regret it     and everywhere in between

 
 
 
Hallux
Freshman Principal
1.1.4  seeder  Hallux  replied to  Kavika @1.1.2    2 weeks ago

I remember it well ... including 'citizens' of Montreal throwing rocks at ambulances taking natives to hospitals. Shameful moment in our history.

Gotta run, my ride is here.

 
 
 
Paula Bartholomew
PhD Guide
1.1.5  Paula Bartholomew  replied to  Kavika @1.1.2    2 weeks ago

That picture looks like the flashback scene from Criminal Minds where Rossi was remembering his days in VN.

 
 
 
Kavika
Professor Principal
1.1.6  Kavika   replied to  Hallux @1.1.4    2 weeks ago

Have a great time. 

Baamaapii (until later)

 
 
 
Kavika
Professor Principal
1.1.7  Kavika   replied to  Paula Bartholomew @1.1.5    2 weeks ago
That picture looks like the flashback scene from Criminal Minds where Rossi was remembering his days in VN.

Except this wasn't make-believe, it was very real.

 
 
 
FLYNAVY1
Professor Expert
2  FLYNAVY1    2 weeks ago

Treat the virus.... and the economy can recover.  Really tough logic for science deniers and anti-vaccers to get their heads around.

15 Common Anti-Vaccine Arguments and Why They are a Load of Crap | The Logic of Science

 
 
 
Paula Bartholomew
PhD Guide
2.1  Paula Bartholomew  replied to  FLYNAVY1 @2    2 weeks ago

There is a private school (I forget which one) whose director has prohibited the teachers and students from getting vaccinated and has threatened to fire any teacher who does.  The director is a hard core anti vaxer.

 
 
 
Kavika
Professor Principal
2.1.1  Kavika   replied to  Paula Bartholomew @2.1    2 weeks ago

Here is a link to the story. What a group of dumb asses.

 
 
 
Paula Bartholomew
PhD Guide
2.1.2  Paula Bartholomew  replied to  Kavika @2.1.1    2 weeks ago

Thank you for the link.  They should just get the vaccine and keep silent that they did.

 
 
 
Greg Jones
Masters Participates
3  Greg Jones    2 weeks ago

Gas is way up, so are groceries. Lumber prices soaring as is the cost of homes.

The effect of so called "stimulus" schemes is largely undetermined.

Thanks be to Trump for getting the vaccines up and approved in record time....

and to Mr. Biden for not fucking up the distribution process

 
 
 
Hallux
Freshman Principal
3.1  seeder  Hallux  replied to  Greg Jones @3    2 weeks ago

Why do you guys never thank the scientists who developed the vaccines ... too many women involved?

 
 
 
Paula Bartholomew
PhD Guide
3.1.1  Paula Bartholomew  replied to  Hallux @3.1    2 weeks ago

Don't you know?  Trump developed the vaccines. s/

 
 
 
Kavika
Professor Principal
3.2  Kavika   replied to  Greg Jones @3    2 weeks ago
Gas is way up, so are groceries. Lumber prices soaring as is the cost of homes.

None of which has anything to do with the stimulus.

 
 
 
Paula Bartholomew
PhD Guide
3.2.1  Paula Bartholomew  replied to  Kavika @3.2    2 weeks ago

Gas prices are high right now because there are not enough tanker drivers.  When the pandemic began people stayed home so they did not buy gas like they used to.  Drivers retired because there was no work for them.  The schools that trained new drivers closed.  You can't just take a test.  It takes a higher level of training and knowledge due to hauling fuel.  

 
 
 
Greg Jones
Masters Participates
3.2.2  Greg Jones  replied to  Kavika @3.2    2 weeks ago

United States consumer confidence jumped to a 14-month high in April as increased vaccinations against COVID-19 and additional fiscal stimulus allowed for more businesses to reopen, boosting demand and hiring by companies.

I'm just repeating what someone else wrote. We do know for certain that Biden has done nothing to improve the economy

Gas prices are high right now because there are not enough tanker drivers. 

jrSmiley_18_smiley_image.gifjrSmiley_40_smiley_image.gifjrSmiley_10_smiley_image.gif

 
 
 
321steve - realistically thinkin or Duu
Sophomore Principal
3.2.3  321steve - realistically thinkin or Duu   replied to  Greg Jones @3.2.2    2 weeks ago
We do know for certain that Biden has done nothing to improve the economy

The economy did not crash because of the relieve bills pumping a lot of money into the system. That was both biden and trump's doings. 

As the pandemic subsides of course the economy will grow. Duu  

 
 
 
Kavika
Professor Principal
3.2.4  Kavika   replied to  Greg Jones @3.2.2    2 weeks ago
United States consumer confidence jumped to a 14-month high in April as increased vaccinations against COVID-19 and additional fiscal stimulus allowed for more businesses to reopen, boosting demand and hiring by companies. I'm just repeating what someone else wrote. We do know for certain that Biden has done nothing to improve the economy

You should try doing your own research, it would give you a much better understanding of the dynamics of the economy. 

Gas prices are high right now because there are not enough tanker drivers.  jrSmiley_18_smiley_image.gifjrSmiley_10_smiley_image.gif

As I said above you really do need to do some research to understand the dynamics.

 
 
 
Ozzwald
Professor Quiet
3.3  Ozzwald  replied to  Greg Jones @3    2 weeks ago
Thanks be to Trump for getting the vaccines up and approved in record time

What exactly do you Think Trump did for developing vaccines? 

All his Operation Warp Speed did was give more money to already obscenely wealthy pharmaceutical companies that were already working on a vaccine, then once the vaccine was already developed, rush through FDA approval for emergency usage.  Trump did nothing for the "development" of the vaccines.

 
 
 
Paula Bartholomew
PhD Guide
3.3.1  Paula Bartholomew  replied to  Ozzwald @3.3    2 weeks ago

I hope certain posters spent their stim checks to buy a clue.  Trump had nothing to do with the development.  Trump doesn't even know where PR is, much less have the required amount of brain cells to even qualify to be directly involved with the development of a vaccine.  Psier (sp) even had to put out a press release when he tried to take credit for their vaccine when OWS was not involved what so ever.

 
 
 
Sean Treacy
Professor Participates
4  Sean Treacy    2 weeks ago

Yes, there  is no doubt spending an additional  4 trillion borrowed dollars upon the the trillion we already deficit spend every year would goose the economy.  Was that in doubt? 

The issue  of course, is what happens next. We spent our way through the crisis. What happens when the printed money spigot is turned off?

 
 
 
igknorantzrulz
Senior Participates
4.1  igknorantzrulz  replied to  Sean Treacy @4    2 weeks ago
Yes, there  is no doubt spending an additional  4 trillion borrowed dollars upon the the trillion we already deficit spend every year would goose the economy.  Was that in doubt? 

Well what should he have done, ? another Tax Cut for the Richest, / ?  As do not B leave left with 'right' options gets US Anywhere but worse off, as usual, from the usual suspects suspecting WHATEVER Biden did, does, will do, cuz    there is Never anything Relative, cause it's a theory, but obviously unrelated 

 
 
 
Sean Treacy
Professor Participates
4.1.1  Sean Treacy  replied to  igknorantzrulz @4.1    2 weeks ago

ell what should he have done,

Did I say it was wrong? The economy has performed extremely well the last year under the circumstances. Compare the US economy during Covid to the EU for example.  But we can't simply spend twice as much money as we take in forever. Emergencies end.  That's when it gets more complicated then simply spending trillions of borrowed dollars. 

 
 
 
igknorantzrulz
Senior Participates
4.1.2  igknorantzrulz  replied to  Sean Treacy @4.1.1    2 weeks ago

Joe and company did alright cleaning up Bush's mountains of mole hills, he'll figure it out if the Republicans don't again become the insurrection obstructionists  they long to be, as trickle down ones leg economix is six shit that never works due to it's disability. Biden wants to tax the Rich, and i agree. FCK Them, asz they've been FCKN US for farr too long, as they stiff the country that most often enabled them to acquire such ridiculous wealth. Disincentivise outsourcing and manufacturing as they put US through the ring erh something like that as were too busy getting call waiting to know yesterday and how it did Pay the Bigwigs who promised re-investment but buy backs were broken as they did a lot of smokin mirrors, just imagine... 

 
 
 
Texan1211
Professor Principal
4.1.3  Texan1211  replied to  igknorantzrulz @4.1    2 weeks ago

congress critters from NY, NJ, AND CA are desperately trying to give the wealthy a big tax break even as I type this.

 
 
 
Ozzwald
Professor Quiet
4.2  Ozzwald  replied to  Sean Treacy @4    2 weeks ago
The issue  of course, is what happens next. We spent our way through the crisis. What happens when the printed money spigot is turned off?

First you turn the spigot off for the already wealthy people and eliminate the Trump tax cuts to them.  That'll give you about 1.8 trillion dollars to use.  As to the rest, you deal with it. 

Spending money for the benefit  and recovery of the nation as a whole is what it should be used for.  Spending money for the benefit of the top 5 percent wealthiest, is NOT what the money should be spent for.

 
 
 
Texan1211
Professor Principal
4.2.1  Texan1211  replied to  Ozzwald @4.2    2 weeks ago

but Congessional Democrats are trying to push through a huge tax cuts to the wealthy right now.

 
 
 
Greg Jones
Masters Participates
4.2.2  Greg Jones  replied to  Texan1211 @4.2.1    2 weeks ago

Gotta keep those rich supporters and donors happy.

 
 
 
Sean Treacy
Professor Participates
4.2.3  Sean Treacy  replied to  Ozzwald @4.2    2 weeks ago

liminate the Trump tax cuts to them.  That'll give you about 1.8 trillion dollars to use

So you want to raise taxes on the poor.  

As to the rest, you deal with it. 

That's some strategic planning, right there. 

Spending money for the benefit of the top 5 percent wealthiest, is NOT what the money should be spent for.

What are you talking about? Who's talking about spending money for the top 5 percent? 

 
 
 
Ozzwald
Professor Quiet
4.2.4  Ozzwald  replied to  Sean Treacy @4.2.3    2 weeks ago
So you want to raise taxes on the poor.  

Wow, you completely ignored half my sentence.  How completely dishonest of you.

That's some strategic planning, right there.

What did you expect?  You deal with it and handle it as you would any unexpected but necessary expenditure.

What are you talking about? Who's talking about spending money for the top 5 percent?

Another dishonest question not worth an answer.

 
 
 
Sean Treacy
Professor Participates
4.2.5  Sean Treacy  replied to  Ozzwald @4.2.4    2 weeks ago

 completely ignored half my sentence.  How completely dishonest of you.

No, your post makes no sense, whether out of dishonesty or ignorance, I don't know.   I was trying to make your post coherent. 

First, we'll put aside the tax cut number is for 10 years, not one year like the stimulus spending being discussed.

  You claim eliminating the Trump tax curs will give you 1.8 trillion to use. That's, of course, only true if you repeal the tax cuts for everyone.  So if you want to add  1.8 trillion  in revenue you have to raise taxes on everyone. If you only raise taxes on the rich, you won't come close to raising  1.8 trillion over 10 years.

So which is it? Make a coherent argument this time. 

Another dishonest question not worth an answer.

Just admit you can't answer it because your point was nonsensical. 

 
 
 
Ozzwald
Professor Quiet
4.2.6  Ozzwald  replied to  Sean Treacy @4.2.5    2 weeks ago
I was trying to make your post coherent.

jrSmiley_10_smiley_image.gif

You claim eliminating the Trump tax curs will give you 1.8 trillion to use. That's, of course, only true if you repeal the tax cuts for everyone.  So if you want to add  1.8 trillion  in revenue you have to raise taxes on everyone. If you only raise taxes on the rich, you won't come close to raising  1.8 trillion over 10 years.

You understand that the Trump tax cuts were all combined, right? 

You understand that they would all, therefore, need to be eliminated, right?

You understand that Biden has said multiple times, no increase in taxes for anyone making less that $400,000, right?

So at the same time you eliminate the Trump tax cuts, you create new ones aimed at the middle and poverty classes.

Just admit you can't answer it because your point was nonsensical.

I refuse to answer your "gotcha", dishonest questions.

 
 
 
Sean Treacy
Professor Participates
4.2.7  Sean Treacy  replied to  Ozzwald @4.2.6    2 weeks ago
ou understand that the Trump tax cuts were all combined, right? 

No, that's not how legislating works. You can change one piece of a law, or an entire law. 

erstand that Biden has said multiple times, no increase in taxes for anyone making less that $400,000, right?

Then he can't repeal the Trump tax cuts. Do you get that? It's very simple, if you repeal the Trump tax cuts, then you raise taxes on the people making less than $400,000.

So at the same time you eliminate the Trump tax cuts, you create new ones aimed at the middle and poverty classes.

How are you missing this? Then you don't generate the 1.8 trillion in revenue you claimed you could get by repealing the Trump tax cuts.  It's not a difficult concept. The Trump tax cut cut taxes for low and middle income taxpayers too, so a large part of the revenue you want to take credit for would come from those taxpayers, not the rich. IF you want to raise 1,8 trillion in revenue by repealing  the Trump cuts, then you have to raise taxes on everyone.  Do you not understand your own post? 

 
 
 
igknorantzrulz
Senior Participates
4.2.8  igknorantzrulz  replied to  Sean Treacy @4.2.7    one week ago

were not the tax cuts (breaks) on the middle class to expire anyway, while the Corporate giveaways were to be permanent... what a fckn ass . 

 
 
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