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bobknight33 (Member Profile)

newtboy says...

Still 3.8% unemployment, sucker. 4 years ago it was nearly 15%! Choke on it. (Like over a million Americans choked on their last breath thanks to Trump’s mismanagement.)

Month after month after month after month of exceeding predicted jobs GROWTH you moron. Often by double.
That includes lost jobs and new jobs.
Wages are RISING much faster than inflation. Not only are jobs plentiful, at historical low unemployment for a record time, but earnings are higher…the new jobs pay more than the lost jobs.

Eat it. The economy is going gangbusters, so fast and hard the fed won’t lower interest. We recovered at double the rate of other nations. In March we ADDED OVER 300000 MORE JOBS that average better pay, same in Jan, Feb, and probably April. Those alleged 200000 didn’t even register, even with the lost jobs counted the jobs numbers are consistently near double expectations!

Really? Where do you get those insane numbers? Not the department of labor. Probably Trump, who would have simply made them up.

The labor market continues to be stiff and hard like a teenager on viagra at a strip club. The recovery is wide, long, and veiny. I know that sucks for Trump who is clear he wants a recession to help his poll numbers. Maybe you don’t see it because you’re invested in stupidity like Tesla and Trump Media. 😂

STILL WAITING! 😂

bobknight33 said:

Latest List of Layoffs Over Last 4 Months:

1. Twitch: 35% of workforce
2. Hasbro: 20% of workforce
3. Spotify: 17% of workforce
4. Levi's: 15% of workforce
5. Zerox: 15% of workforce
6. Qualtrics: 14% of workforce
7. Wayfair: 13% of workforce
8. Tesla: 10% of workforce
9. Duolingo: 10% of workforce
10. Washington Post: 10% of workforce
11. Snapchat: 10% of workforce
12. eBay: 9% of workforce
13. PayPal: 9% of workforce
14. Business Insider: 8% of workforce
15. Charles Schwab: 6% of workforce
16. Macy's: 4% of workforce
17. Blackrock: 3% of workforce
18. Citigroup: 20,000 employees
19. UPS: 12,000 employees
20. Cisco: "Thousands" of employees

In 2024, we have already seen 74,000 tech layoffs alone with well over 200,000 across all industries.

Last month, the US added a whopping 691,000 part-time jobs while LOSING 6,000 full-time jobs.

Is the labor market finally starting to soften?


bobknight33 (Member Profile)

newtboy says...

Not only did he say he would give more tax cuts for the ultra rich, he said he would return to family separation at the border, and that Americans who don’t support him are far more dangerous than Russia or China.

Meanwhile righty media is complaining about how good the economy is doing…saying it’s “too good”. Unemployment is too low, jobs are too plentiful, and wages are rising faster than inflation, also bad in their eyes.

You guys have become so silly.

Food Delivery Apps: Last Week Tonight with John Oliver (HBO)

newtboy says...

I worked for a company called “waiters on wheels” in the Bay Area…essentially door dash before cell phones and the internet. We used handheld radios.
We got minimum wage + tips, and our salaries didn’t pay for gas and car upkeep so we survived or perished based on tipping. It’s hard, thankless work only to be at the whim of your customers mood for your livelihood.
Worse, you pay taxes as if you are tipped 15% on all orders, but the average tip was closer to 8% when you count non-tippers.
Back then, stoners were the worst. Usually paying at least partially in change, rarely a tip at all, maybe an offer of a bong hit for a tip at best.

If you hire a service to deliver, remember there’s an actual person between you and them, and you only hurt the person by not tipping, not the company. If the order is screwed up, it’s unlikely to be their fault, they can only take what the restaurant gives them. Keep that in mind, service people deserve to be paid for their work, and the tip is part of their pay.

bobknight33 (Member Profile)

newtboy says...

More idiotic stupidity. Anti-American wishful thinking, wishing the economy was tanking so you could blame Biden, but you would never under any circumstances give him credit for the boom…to the extent you actually deny the economy is doing well to avoid crediting Biden. 😂 It’s exactly what Don Poorleon told you to do…he hopes the economy will crash before the election because it might benefit him personally, who cares what it does to America. It’s why MAGA is outraged that a spending bill got through, they want another disastrous government shutdown, and would blame the left for the costly effects despite being the obvious culprits.

The economy is doing great, despite the ridiculous statements that you cut and pasted about “”survey based hope”, whatever the fuck that’s supposed to be, on Bulgarian site zerohedge, an extreme far right propaganda site that is so outrageous in its constant stupid lies only idiots can believe that it’s been banned from google and others for claiming pseudoscience and insane conspiracy theories as facts. https://mediabiasfactcheck.com/zero-hedge/
You cannot think for yourself at all anymore, to the point you can’t even read an article and give a synopsis, all you can do is cut and paste nonsense. What a sad useless state to be in.

And what do you get from them, more ridiculous prognostications of doom and gloom that absolutely never come to pass. “Sure, we admit that under Biden’s leadership everything is great now, way better than Trump left the country/economy, but it’s all about to crash because Biden is incompetent and has just been coasting on Trump’s success for 3 years.” You’ve been trying to sell that absolute insanity for 3 years now.

Facts- GDP up, wages up, inflation down, stock market booming, jobs still at unprecedented high levels, interest rates steady. Is this “report” (that you know I’m not clicking Mr virus) just abut Tesla or Facebook or Toth Senchal? Trump org? Are its stats coming from Dementia Don? Sounds like it. It’s certainly not about the country as a whole.
America’s economy recovered from the disastrous covid (non) response that was the worst among western nations (in 2020 1/4 of worldwide covid deaths happened in America under Trump, 5 times the worldwide per capita average), recovering faster and stronger than any other western nation.

You really need to try real news sources, not just propaganda sites that sell you stories you want to be true. Sucker.

bobknight33 said:

How that Bidenomics going. Not so good is it. The Biden economic clock winding down.

https://www.zerohedge.com/markets/bidenomics-blowback-survey-based-sentiment-collapses-hope-evaporates

Bidenomics Blowback - Survey-Based Sentiment Collapses As 'Hope' Evaporates


Under the hood was even more problematic:

New orders fell at a faster pace; signaling contraction

Employment fell at a slower pace; signaling contraction

Inventories fell at a faster pace; signaling contraction

Supplier deliveries fell and a faster pace; signaling contraction

Production fell at a faster pace; signaling contraction

Order backlogs fell at a slower pace; signaling contraction

Worse still, Prices paid rose again!

So, in summary: slower growth, declining production, shrinking orders, falling employment... and accelerating inflation - is it any wonder that 'soft survey' data is collapsing - not exactly election-winning headlines.




Biden's foreign policy is just as bad--- a bad joke.

FJB MEGA 2024

Supreme Court Ethics: Last Week Tonight with John Oliver

newtboy says...

*doublepromote a *quality cash *money offer…I hope it’s accepted. The Supreme Court is not supposed to be a cash cow for the justices, they get paid a decent wage, and can make millions above board and legally by writing books and speaking. Taking a dime from anyone with business before the court should be instant disbarment and prison, selling “justice” to the highest bidder is about as anti American as it gets, IMO.

bobknight33 (Member Profile)

newtboy says...

More economic news proving Bidenomics has been great for America. GDP beat all expectations. Unemployment remains at record lows. Inflation is still below 3.5%. Wage growth is above 4.6% (5.1% last year). Stock markets are hitting record high after record highs. The guaranteed recession and likely long term depression forecast for 2022-2023 was avoided completely.
I’m still waiting to hear something that’s not great, and I don’t mean complaining about 2021’s high inflation.

The economy doing great is terrible for Trump, that’s why he’s repeatedly said he hopes our economy crashes and we slide into a depression so maybe he could finally get more votes than his opponent (something that has never once happened in his lifetime).

bobknight33 said:

What idiotic puke are you spewing.

You get your information from the same rag that say Bidenomics is doing great.

Bidenomics is not great.

Wash, rinse, repeat (according to some)

newtboy says...

Republicans refuse to see Hunter Biden who is sitting in congress waiting to testify…



As to the economy and American’s pocketbooks….Unemployment at record lows and below 4% for the longest period in my lifetime, gdp at record high in 2022, inflation down, gas prices below $3, groceries cheaper, wages rising faster.
Under Trump we got record high unemployment for the longest stretch in memory, the first negative gdp I’ve ever heard of in America, inflation exploding, cheap gas only because no one was working so demand went to zero, empty shelves and exploding prices, stagnant wages, and over 2 million people permanently removed from the job market (1 million dead, well over 1 million permanently disabled)…Trumps own cdc said his disastrous policies caused over 40% of those cases that many other countries avoided with sane covid policies.

Just yesterday Trump publicly hoped and wished for a major economic crash this year because it would help him in the election, not caring one whit that it would hurt America badly. Says it all, and goes right through that empty space between your ears without pausing.

It’s no surprise you have it 100% backwards…you are basing your position on what Trump told you not actual economic statistics, what he says are all lies.

bobknight33 said:

Joe Biden and the Democrats are a disaster for the American pocketbook.

How Bad is The Cost of Living Squeeze In the US?

newtboy jokingly says...

To my “Dumber than a box of hammers”

So, 2023 is over…
Gas, below $3 nationwide
Food, below last years prices
Cars, dropped all year in price
Interest rates…not up for credit cards that charge the maximum allowable by law to most customers, but true for loans….but for investments like CDs or bonds it’s a good thing so at worst a wash? It’s not slowing the housing market much.
Even inflation is at 3%…well below wage gains.

Also better, under Biden we avoided a recession everyone insisted was a certainty 12 months ago, and his administration has helped with student loans (and would have done more without Republicans blocking him), prescription drug costs, even car maintenance costs are lower thanks to the biggest infrastructure investment in our lifetimes. Unemployment continues to be at record lows for a record long timeframe.
His DOJ has also prosecuted thousands of cases of ppp loan frauds Trump allowed, recouping some of that easily stolen money.
If Republicans would stop blocking funding, he might fix the border too…we will never know because Republicans won’t pass a funding bill for more officers to catch and courts to deal with the influx, and instead are again threatening to shut down the government over the border without a solution themselves.

Wanna try again?

And I’ve said it before but I’ll say it again…I don’t wanna grow up, I’m a toy’s r us kid. How sad that must be for you.

bobknight33 said:

" it’s better by every single measure used to measure any economy."

Gas , food , cars, interest rates all cost more.

Your dumber than a bag of hammers.

Newt, grow up.

How Bad is The Cost of Living Squeeze In the US?

newtboy says...

Another month’s numbers are out….
November inflation was .1%, proving October being 0% inflation wasn’t a fluke.
Yearly wage gains are still well over 4%.
Yes, prices are up slightly, wages are up more. Earning power is skyrocketing.
At the same time, stock markets hit record highs today and the fed stopped raising interest rates….edit: in fact they’re hinting that they plan 3 rate cuts in the next year.
Tell me again what’s bad about the economy bob?

bobknight33 said:

Inflation.

nuff said

How Bad is The Cost of Living Squeeze In the US?

newtboy says...

I’m still waiting for you to explain how 75% inflation over 22 years becomes 150% increased prices under Biden as you claimed. Please, I need your expertise in mathematics to make the world make sense. 😂


To my dumber than a bag of hammers-
😂 🤦‍♂️ 😂
So that’s a “yes”, you do think the economy is worse now than in 2020 solely because inflation is doubled and you don’t understand earnings/purchase power . 🤦‍♂️
I grant you, inflation is still elevated, but down near 2/3 and well below what other countries are experiencing, so is getting better not worse. Hyperactive economies can tend to have inflation issues, and the Biden economy exploded like it was made of lithium deuteride.

Yes booby, prices have gone up on average, they always do…and on average everyone makes more too….much more. If prices go up 3% and wages go up 6% you have 3% more buying power, A GAIN…that’s pretty basic math for it to go so far over your head. In 2020 prices went up near 1.5% (for items still on shelves) but wages went DOWN near 6% (for those who were still employed) for a >7% LOSS in buying power. See how Bidenomics is better yet?

Probably not…ask a 3rd grader…is being able to buy 3% more yearly better than only being able to buy >7% less than last year?

Earning power is rising fast, double inflation, so are GDP and employment rates unlike under Trump when not only was there still inflation (granted much less thanks to the floundering MAGA economy) but wages actually went down significantly GDP went NEGATIVE and up to 20 million jobs evaporated thanks to mismanagement (NZ didn’t have that problem).

When inflation is barely above 3% and wages are rising at near 6%, yes, things cost more, and average people can also BUY MORE you fucking idiot.
I know, that’s keeping two things in your head at once, so impossible for you to comprehend, but trust me, that’s reality. You should try it some time.
You think you have something because inflation went up, largely thanks to Trumps horrific last year of hyper spending and the economic crash his mismanagement caused but also due to Biden’s economic recovery outpacing the most optimistic predictions…but you are too dumb to see the other half of the earning equation…wages. Since earnings are rising at double inflation, people can buy more.
Again, in 2020 wages went down almost 6% with 1.5% inflation (during a massive negative gdp) so earning power went down by almost 7.5%…today inflation is 3.24 but wages are rising at nearly 6%, giving a RISE in earning power of 2.75%. That is a >10% difference, going from a 7.5% loss of buying power in 2020 to a 2.75% rise this year…and no recession. That’s called winning.
Inflation is only one part of the equation, buddy, and is absolutely meaningless without the other parts.

Yes, I repeated myself…I hoped by saying it over and over some might get through.

Interest rates…😂😂😂 true, Biden didn’t lower rates to zero and still have a stalled economy, he had to raise them to combat inflation…it worked, and hasn’t stalled the boom yet. You claim to be rich…high interest rates shouldn’t mean a thing to you…or do you really carry massive debt and aren’t really rich at all? 😂

As a side note, the stock market is also booming, paying great for those who are invested. Similar to wage growth since many (like me) live off investment earnings.

Gas prices have dropped sharply, today below $3 in 1/3 of the country and $.22 lower than a year ago on average. That’s costing LESS! Try again.

Many staple food prices are lower too. National average turkey prices were cheaper than last year, so are eggs. Try again.

According to Edmonds, “ The good news is that, in general, prices have been on the decline since late 2022. In May 2022, the average selling price of a vehicle was about $721 over MSRP. Compare that to July 2023, when the average selling price was about $714 below MSRP.”. Try again.

American's purchase power is rising, under Trump it plummeted like never before. I know, you just don’t understand. It’s ok boob. Adults understand.

I bought a bag of hammers for $10 at a yard sale…it was incredibly smart of me. I got about 10 hammers including 3 small sledge hammers and 2 metal framing hammers. My bag of hammers purchase was quite smart. 😂

Boob, get a brain. You might ask the scarecrow how he got his, because you really need help. I’ve never met a person as dumb and delusional as yourself, and I’ve known some real idiots.

Try this simple example.
Last week a soda cost you $1, and you made $12 an hour ($1 every 5 minutes). This week a soda costs $1.20 but your pay went to $15 ($1 every 4 minutes). Yes, the soda costs more this week…INFLATION!…are you better off now or were you better off with cheaper soda last week? Show your work. (I’m pretty certain that second grade math is just too hard and I won’t see a reply).

THIS IS WHY YOU FAIL EVERY TIME BOOB. BECAUSE YOU DON’T UNDERSTAND WHAT YOU RANT ABOUT AT ALL.
GO TO SCHOOL AND LEARN THE BASICS.

bobknight33 said:

" it’s better by every single measure used to measure any economy."

Gas , food , cars, interest rates all cost more.

-Your dumber than a bag of hammers.

How Bad is The Cost of Living Squeeze In the US?

newtboy says...

Shows your delusion perfectly.
It’s not worse, it’s better by every single measure used to measure any economy.

Inflation has turned around and is down to 3.24% with wage gains outpacing it by almost double, and wage gains were the highest ever at 15.28 % in April of 2021 under Biden and a record low of -5.89% in April of 2020…who was president then? Low inflation doesn’t mean shit when unemployment is at record highs wages are actually going DOWN, shelves are bare, and GDP is NEGATIVE!!
Negative wage growth is the same as inflation…it lowers earning/spending power…so does losing 15-20 million jobs!
So, combine wage growth and inflation then average in the unemployed at $0 income to get average earning/spending power, you will see earning/spending power was much LOWER in 2020 under Trump even for those that kept their jobs…when you could actually find anything to buy that is. 🤦‍♂️
I know you don’t remember a hour ago, but many of us remember 2020, the terrible, horrible, no good, very bad year in so many ways ending in a coup attempt.

Good management turned what Trump left, a triple decker shit sandwich in a festering sewer and guaranteed recession at best according to every economist, into a boom so great inflation spiked higher than just thanks to Trump wasteful overspending and pure handouts to business owners with completely unregulated no background check no repayment PPP loans, but Biden’s fed handled it and inflation is barely above average and well below all other G7 nations by far.

You think the economy is worse now than record high unemployment record low wage growth record low gdp record discretionary federal spending and record business closures!?!…by what measure buddy? What measure? Inflation is down, earning power is up….WAY UP. Your feelings don’t mean shit….in fact, fuck your feelings snowflake.

bobknight33 said:

Inflation.

nuff said
Your old play book of blaming the previous administration is pure BS.
If Biden was handed a shit sandwich He has had 3 years to push policies to turn the ship around . But he hasn't It is worse.

bobknight33 (Member Profile)

newtboy says...

I’m not the Lord….but thanks for saying I am, even if unintentionally.

So, it’s more projection then….and more evidence english is your second language at best, and you failed the class, and that you’ve never passed remedial math.

Disgraced traitor and failed dictator tumescent Trump has had the worst week in court history, after testifying that “sure, he did the crimes” he’s set to lose hundreds of millions and all his businesses before going to prison at best, and is set to be in court for treason all through the election, and you just CAN’T admit it. Fortunately the court system doesn’t care if you believe, and neither do independents.

If only there was some undeniable metric to tell how the economy is doing, like GDP (up beyond belief from NEGATIVE 2.3% for Trump to 4.9%), or unemployment (holding at record lows of 3.8 down from 9% Trump left), or wage growth (at 5.3% well above inflation, up from 2.6% under Trump thanks solely to low wage earners losing far more jobs or it would be zero), or inflation numbers (down enough at 3.7% that the fed stopped raising rates) we could look at to see the trends.
So sad there’s nothing we can look at to see and so I guess we’ll just have to take your word for it. 🤦‍♂️

Can you tell us what measurements you use to determine that Bidenomics have failed, or by what measure Trumpenomics were successful? All I know for sure is they are not the normal ones used to evaluate economics because they all point toward Trump’s policies being disastrous and Biden’s being amazing, well above all predictions consistently, so I’m curious what they are.

Ugh…more of the failed lawyer posting from mommy’s basement. How many times will you let this guy make you look stupid before you stop posting his rantings?

The same polling he references said we were getting another red tsunami yesterday…but we didn’t, did we? Republicans lost almost every single contest, even many that seemed to be a lock. Don’t you find it odd that you think Trumpism is so much more popular but every Trump backed candidate consistently loses? Keep clinging to false hope, it’s done so well for you in the last 5 elections. 😂

Now, aren’t you going to explain the mathematics of inflation to me and explain why 75% inflation translates to 140% price increases? I want to learn, and I know you can teach me since you have a firm grasp of math.

bobknight33 said:

Lord you just love clinging to nothingness.

Here Just look at you failed POTUS and ponder that. That whats matter,

Biden is a failed POTUS.
Clear as day.
Bidenomics has failed. You just can admit it.

Cost of living 2001 vs today

newtboy says...

Totally *debunked *lies and bullshit. I saw this on YT and laughed at the stupidity.

1. That was not $81 worth of groceries in 2021. It was a minimum of $175 at full price. I buy groceries in California and I pay attention to prices.
Soda prices have actually gone down in California significantly since since the pandemic ended, so has milk and bacon.
More ridiculous MAGA lies.
He had to cherry pick non sale high price brands to make it that expensive…where’s the video of him buying the same brands not on sale two years ago at 1/2 the price?
Have prices gone up? yes….by 10-15% since 21, not 100%+. 🤦‍♂️

2. Who is the “they” who “printed $10 trillion” @bobknight33? It’s not the Biden administration. I know where at least $8 trillion went…and wouldn’t be a bit surprised to find another $2 trillion spent off the books by the former administration. In fact, if I recall the Trump billionaire tax cuts were expected to cost about $1 trillion per year indefinitely, while the tax vacation for wage earners ended with most paying far more today than pre-Trump….so you can blame almost $3 trillion of Biden’s debt on Trump policy. 😂

Edit- OK, I misheard, I thought he said $89, not $81, and 2021, not 2001…since 2001 prices have gone up almost 75%…still not well over 100%, no where near 140%.
I was thrown by the $10 trillion figure given at the end, because since 2001 the fed has “printed” $30 trillion, not $10 trillion. $10 trillion is what MAGA nuts claim Biden has added.

bobknight33 (Member Profile)

newtboy says...

And….
Unemployment still 3.8%
MONTHLY inflation is at .5%. Yearly down to 3.7%…better not worse.
GDP at 4.9%! WAY better, not worse.
The fed stopped raising rates before you wrote this two months ago. That’s better, not worse.
Wages- Wages in the United States increased 5.31 percent in September of 2023 over the same month in the previous year. Wage Growth in the United States averaged 6.19 percent from 1960 until 2023, reaching an all time high of 15.28 percent in April of 2021 and a record low of -5.89 percent in April of 2020.
That’s better, not worse.
https://tradingeconomics.com/united-states/wage-growth#:~:text=of%20Economic%20Analysis-,Wages%20in%20the%20United%20States%20increased%205.31%20perce
nt%20in%20September,percent%20in%20April%20of%202020.

Trump spent at more than double the rate Biden has, and lowered federal income by trillions…Biden’s spending is largely infrastructure investments (like roads, bridges, internet, etc) that historically pay off 100 fold in the long term, not handouts to billionaires that take the money offshore never to be seen again, or “walls” that are really useless fences that don’t slow the increasing undocumented immigration one bit. Biden’s spending is better for America, not worse.
Your point?

Keep fooling yourself, the proof is still in the numbers, and Bidenomics has turned the country around from the worst year in living memory in just about every way imaginable, Trump’s nightmarish 2020.

bobknight33 said:

3.8% unemployment will go up.
Inflation is not at 2.1% Going down yes but not at target.
FED still need to destroy jobs.
670K Full-Time Jobs Lost In 2 Months Vs 1 Million Part-Time Surge; Worst Unadjusted August Payrolls Since Great Recession.

Massive Government spending created this.

Keep fooling yourself . Biden economics are hurting Americans and it will get worse.

BSR (Member Profile)



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