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I paid 2.59 this morning in Wilson but I get a discount of 10 cents/gal with my Circle K card. Still, a far cry from 1.98..
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HintonJamesHeel
Esteemed Member
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Great job reports today
Market on track for 9th positive day (best run. In 20 years)
Market on track for 9th positive day (best run. In 20 years)
... and I'm not sure I believe a single number of them. After all, don't these numbers come from an agency under the direction of Liar-in-Chief? I suspect state-by-state employment numbers will be more reliable over the next few years.
HintonJamesHeel
Esteemed Member
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Just be happy less people are unemployed.
The market has returned to what it was before the stupid Liberation Day. All of that is an indictment of Trump, not an endorsement. He wanted massive tariffs and he was going to ruin the world’s economies. He had to back off all of what he wanted and now we are seeing a rebound but it’s not what he wanted. With that said, market up and jobs up are great news.
JCTarheel82
Iconic Member
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But Orange Jesus told me just 48 hours ago that the economy and stock market were in shambles because of Sleepy Joe. Something isn't adding upRight on cue
Where is gas under $1.98? It just increased locally to $2.99 …
Also, groceries have continued to be subject to inflation, though not nearly as high as a few years ago, while egg prices have been decreasing and availability has stabilized…
Silence Dogood
Esteemed Member
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Get over it, hes not crashing the economy like you guys predicted!!But Orange Jesus told me just 48 hours ago that the economy and stock market were in shambles because of Sleepy Joe. Something isn't adding up
When compared to $4.59 a gallon in SoCal, it seems like they are giving away gas in NC.
superrific
Master of the ZZLverse
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Not really. First, the DOGE layoffs have yet to hit. When they do, the numbers will jump up. Isn't the tally more than 100K now?
Second, the report was boosted by 29K new jobs in transportation, especially warehousing and storage (over 10K+ jobs more in April than March). Hmm. Why would that be? Most of those jobs are going to vanish this month.
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Right on cue
Where is gas under $1.98? It just increased locally to $2.99 …
Also, groceries have continued to be subject to inflation, though not nearly as high as a few years ago, while egg prices have been decreasing and availability has stabilized…
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See, this is just dumb politics by Trump. The price of gas is something most American adults are keenly aware of — the price of gas is prominently displayed along virtually all major thoroughfares. Most Americans buy gas at least once a week. Gas prices are actually pretty low — why undermine yourself with ridiculous claims that make reasonable gas prices seem high by comparison?
I think he could get away with lying about the price of almost any other commodity in America — like eggs. Prices for eggs are down but nobody’s egg prices have dropped 88%. But despite the focus on eggs in the election and since, a lot fewer people buy eggs than gas’s and even if you buy a dozen eggs a day it probably still costs less than filling up your tank once …
Trump has (had?) the opportunity to be broadly popular for a while if he could limit his excesses and just let the economy he inherited hum along while he focused on deregulation and tax cuts. But even modest restraint is beyond his grasp.
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WELKER: Some people on Wall Street have expressed concerns that the possibility of a recession is increasing, and I want to know what you think about that. Are you comfortable with the country potentially dipping into a recession for a period of time if you are able to achieve your long term goals?
TRUMP: Well, you know, you say, some people on Wall Street say. Well, I tell you something else. Some people on Wall Street say that we’re going to have the greatest economy in history. Why don’t you talk about them? Because some people on Wall Street say this is –
WELKER: That’s what I’m getting at.
TRUMP: There are many people on Wall Street who say this is going to be the greatest windfall to ever happen.
WELKER: And that’s my question, long term, is it okay in the short term to have a recession?
TRUMP: Remember this. Look, yeah, it’s everything’s okay. What we are. I said, this is a transition period. I think we’re going to do fantastically.
MendotoManteo
Esteemed Member
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People have no idea what is coming. You can't shut off, turn on, shut off, turn on, etc. over and over without massive repercussions.
The market quake after "Liberation Day" was just a mere appetizer. The end will be so much worse. The amount of jobs and money that will be lost. The prices Americans will have to pay for common things.
Still a month or two away at least. But it's coming.
MendotoManteo
Esteemed Member
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Frankly, I just hope the dollar doesn't lose its reserve status after all this is over, whenever the hell that might be.
She really sucks at interviewing Trump. Maybe she’s better interviewing other people.
Part of the problem with interviewing Trump is he lies constantly.
I don’t know why news media gives him time.
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Weakening travel demand, signaled by grim earnings forecasts of travel-related companies, may erase billions of dollars from the U.S. economy this year as the Trump administration's trade policy takes a toll on consumer sentiment, analysts have warned.
"Anti-American sentiment could be driving a decline in international tourism, which is considered a service export," J.P.Morgan said in a note last week.
Goldman Sachs and J.P.Morgan projected lower foreign travel spending to trim 0.1% from U.S. GDP this year, adding that the hit could be as much as 0.2% to 0.3%.
As of the first quarter of 2025, U.S. GDP stands at $23.53 trillion, according to LSEG data, and the impact could amount to anywhere between $23 billion and $71 billion, based on Reuters calculations.
"Anti-American sentiment could be driving a decline in international tourism, which is considered a service export," J.P.Morgan said in a note last week.
Goldman Sachs and J.P.Morgan projected lower foreign travel spending to trim 0.1% from U.S. GDP this year, adding that the hit could be as much as 0.2% to 0.3%.
As of the first quarter of 2025, U.S. GDP stands at $23.53 trillion, according to LSEG data, and the impact could amount to anywhere between $23 billion and $71 billion, based on Reuters calculations.
The trick is to focus on questions where you ask him what is he going to do to fix things that are a result of his policies. In a few weeks, the thing to ask him is what is he's doing to fix the supply chain when there's fewer ships in port. Don't even have to mention he caused it because everyone will know. He'll be in a mess with his answers. At that point, is he going to lie and say there's no supply chain to fix? Good luck to him if he does.
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Maybe this has been posted earlier, but nothing captures Trump like this exchange
“When does it become the Trump economy?” Welker asked Trump in the extensive interview that aired Sunday.
“It partially is right now,” Trump replied. “I think the good parts are the Trump economy, and the bad parts are the Biden economy.”
“When does it become the Trump economy?” Welker asked Trump in the extensive interview that aired Sunday.
“It partially is right now,” Trump replied. “I think the good parts are the Trump economy, and the bad parts are the Biden economy.”
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Here's a scary thought...
What if Biden had not handed a strong economy to Trump on a silver platter
What if Biden had not handed a strong economy to Trump on a silver platter