Relative to when? Archived Message
Posted by bigbop85 on November 14, 2023, 10:53:26, in reply to "what inflation numbers this month would you consider "good"?*"
Again, people here are missing that this read of 3.3% is coming off a previous read of 7.7% the year prior. We passed too much stimulus in 2021 and 2022, and when you and others admit that, it's met with "do you want people to starve?!" Biden won't pass anything else the rest of the year, thank god, but if a Democrat wins in 2024 they'll feel they have a mandate to pass more spending packages which I feel will not be helpful.
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Message Thread: | This response ↓
- Inflation up 3.2% YOY in October, beats estimates - Carl Spackler November 14, 2023, 8:12:57
- NYT: a shift in economic thinking is underway - ATL November 16, 2023, 6:40:21
- Home Depot on its earnings call sounds a positive note on the economy - ATL November 15, 2023, 19:52:42
- Relevant FT article about US performance vs world and US economy in general - reggiedunlop November 15, 2023, 12:08:12
- Here's a Justin Wolfers thread on the report - reggiedunlop November 15, 2023, 10:18:40
- there is no rake..... - suburbanmyth November 14, 2023, 21:25:47
- best economy in the world* - gvibes November 14, 2023, 12:35:47
- whenever i see these, i want to try to put it in context of how other countries are doing. - VIV November 14, 2023, 9:19:29
- We're doomed. * - doubledown November 14, 2023, 8:45:32
- Best economy ever* - bigbop85 November 14, 2023, 8:22:06
- ...and that's why this is bad for Joe Biden* - KCWildcat November 14, 2023, 8:21:06
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