Economic News

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UNCMSinLS said:
From the Bureau of Trump Statistics, it's garbage in, garbage out.
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Even assuming these figures are legit the CPI is the same as it was before the election in 2024. Now that inflation rate was outrageous and necessitated replacing the Biden/Harris administration with The Donald because INFLATION !

Will the Trump/MAGA /GQP pay the same price (pun intended ) this November ?
 
rodoheel said:
I doubt that will really work. If they so choose, Oliver, Stewart, Colbert, etc can probably reach an equally large audience from some combination of podcasting and streaming.
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how'd that work out for "O'reily and Kelly? Not great...and they were super popular on fox news.
 
NOVAHEEL13 said:
how'd that work out for "O'reily and Kelly? Not great...and they were super popular on fox news.
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I don't see those two as particularly comparable to the situation Oliver, Stewart, or Colbert would be in. Kelly and O'Reilly were seeing their stars fall before they left, and then they got out-competed in the conservative talk show podcast market by crazier, harder right options. If/when Stewart, Oliver, and/or Colbert get forced off the air by Trump strongarming, they will go with a lot of media attention and devoted audience. They may not want to keep going by, in some sense, starting over in those spaces, which would be fine, but I'm confident they could make a very lucrative living doing so.
 
Calheel said:
Its worked out pretty darn well for Tucker, and not too badly for Kelly.
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Tucker's fine because he's fucking crazy and the loons still listen. Kelly is only marginally relevant only because she's on satellite radio.
 
rodoheel said:
I don't see those two as particularly comparable to the situation Oliver, Stewart, or Colbert would be in. Kelly and O'Reilly were seeing their stars fall before they left, and then they got out-competed in the conservative talk show podcast market by crazier, harder right options. If/when Stewart, Oliver, and/or Colbert get forced off the air by Trump strongarming, they will go with a lot of media attention and devoted audience. They may not want to keep going by, in some sense, starting over in those spaces, which would be fine, but I'm confident they could make a very lucrative living doing so.
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Perhaps but Colbert has already been fired so we'll see where he lands after his show is done in a few months. Oliver and Stewart are still on but make no mistake, if Paramount gets control of HBO and CC they're both gone. Where they land, we won't know unless/until that happens but Stewart was pretty obscure when he left CC years ago and TDS asked him back because no one else really did the job better.

All that said, if they do get canned, I hope you're right. I enjoy both of them particularly Oliver.
 
NOVAHEEL13 said:
Perhaps but Colbert has already been fired so we'll see where he lands after his show is done in a few months. Oliver and Stewart are still on but make no mistake, if Paramount gets control of HBO and CC they're both gone. Where they land, we won't know unless/until that happens but Stewart was pretty obscure when he left CC years ago and TDS asked him back because no one else really did the job better.

All that said, if they do get canned, I hope you're right. I enjoy both of them particularly Oliver.
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FYI Paramount has already owned Comedy Central for years.

ETA: Stewart's show on Apple definitely didn't work out but he still profited handsomely from it. Google says may up to $100 million; no clue how accurate that is.
 
rodoheel said:
FYI Paramount has already owned Comedy Central for years.

ETA: Stewart's show on Apple definitely didn't work out but he still profited handsomely from it. Google says may up to $100 million; no clue how accurate that is.
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I liked Stewart's show on apple.

He's for a weekly podcast now.
 
wmheel1287 said:
Anyone care to help educate me on what that chart is graphing?
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"U.S. workers just received 53.8% of GDP in the third quarter, the lowest share since the government started tracking this in 1947. That's down from 54.6% the quarter before and well below the 55.6% average for the 2020s. At the same time, corporate profit margins are hitting some of their strongest levels in decades.

To put this simply: GDP measures the total value of everything the economy produces. Labor share tells you how much of that goes to workers as wages, salaries, bonuses, and benefits versus how much goes to company profits and shareholders. When labor share drops, it means the economy can grow while workers see less of the gains.

My Take
This is the chart that explains why so many people feel like the economy isn't working for them even when GDP numbers look fine. The pie is getting bigger, but workers are getting a smaller slice. That 53.8% is a record low going back nearly 80 years.

The productivity story makes this even more interesting. Productivity jumped at the fastest pace in two years, which sounds great until you realize companies are using those gains to operate with fewer workers rather than pay existing workers more. Richmond Fed President Barkin basically said as much: businesses are relying on productivity gains to run leaner. Add AI into the mix and you have a recipe for GDP growth that doesn't translate into hiring or wage gains. This is why I keep saying the headline economic numbers don't capture what regular people are experiencing. The economy can look healthy on paper while the people who power it fall further behind."
 
BillOfRights said:


"To put this simply: GDP measures the total value of everything the economy produces. Labor share tells you how much of that goes to workers as wages, salaries, bonuses, and benefits versus how much goes to company profits and shareholders. When labor share drops, it means the economy can grow while workers see less of the gains.

My Take
This is the chart that explains why so many people feel like the economy isn't working for them even when GDP numbers look fine. The pie is getting bigger, but workers are getting a smaller slice. That 53.8% is a record low going back nearly 80 years.

The productivity story makes this even more interesting. Productivity jumped at the fastest pace in two years, which sounds great until you realize companies are using those gains to operate with fewer workers rather than pay existing workers more. Richmond Fed President Barkin basically said as much: businesses are relying on productivity gains to run leaner. Add AI into the mix and you have a recipe for GDP growth that doesn't translate into hiring or wage gains. This is why I keep saying the headline economic numbers don't capture what regular people are experiencing. The economy can look healthy on paper while the people who power it fall further behind."
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And folks thought Trump was a populist supporting the working class. Trump always stiffed the working class and was the Landlord from Hell.
 
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