Up and Down Trump edition

[superrific]

Economic growth projections for 1st Qtr

Um, no. The Atlanta Fed is currently predicting a decline of 2.8% in GDP for 1Q. That follows quarters of 3.1 and 2.3 growth. That would be one of the sharpest non-pandemic reversals in history, and it's entirely self-inflicted by this horror show of an administration.

 

[Calheel]

DOWN:

Illegal border crossing
DEI spending and practices
Fraud, waste and abuse in governmental agencies
Federal employees “working” remotely
Grift in USAID
Regulations
Crude oil prices
Permitting for wind farms terminated
Number of genders
Electric vehicle mandates
Taxpayer funded public benefits for illegal aliens



UP:

Deportations
Economic growth projections for 1st Qtr
Return of hostages from foreign soil
Transparency in govt

Deportations up? You sure about that?

US deportations under Biden surpass Trump's 2019 record

President Biden had pledged to pause deportations, but ended up expanding it following a surge in border crossings.

www.bbc.com

 

[CFordUNC]

Well, this certainly didn’t go well for ramrouser once he stepped outside of the right wing media bubble, eh?

 

[Centerpiece]

Up stock market.

Somebody is looking for a silver lining in this shit show. Keep looking.

 

[finesse]

Well, this certainly didn’t go well for ramrouser once he stepped outside of the right wing media bubble, eh?

Does it ever?

 

[UNCatTech]

DOWN:

Illegal border crossing
DEI spending and practices
Fraud, waste and abuse in governmental agencies
Federal employees “working” remotely
Grift in USAID
Regulations
Crude oil prices
Permitting for wind farms terminated
Number of genders
Electric vehicle mandates
Taxpayer funded public benefits for illegal aliens



UP:

Deportations
Economic growth projections for 1st Qtr
Return of hostages from foreign soil
Transparency in govt

Do you really believe that musk's and trump's lies equate to transparency in government?

Where are you reading that growth is up? Everything I've read is preparing for it to be down.

Oh that's right you get your news from trump. And you believe the man that lies 50 times a second.

 

[Kingpin]

Are you really stupid enough to believe that musk's and trump's lies equate to transparency in government?

Where you reading that growth is up? Everything I've read is preparing for it to be down.

Of that's right you get your nees from trump. And you believe the man that lies 50 times a second.

If all he reads is right-wing ish, everything is rosy and looking up. Don’t believe what your eyes see, or your ears hear. That is all lies.

 

[Ramrouser]

51% approval rating according to latest CBS poll. 55% approval for 18-29 year olds.

Indicates to me that most people see things as UP.

 

[superrific]

51% approval rating according to latest CBS poll. 55% approval for 18-29 year olds.

Indicates to me that most people see things as UP.

Of all the posts that age poorly, this one will age poorly the most

 

[Calheel]

Um, no. The Atlanta Fed is currently predicting a decline of 2.8% in GDP for 1Q. That follows quarters of 3.1 and 2.3 growth. That would be one of the sharpest non-pandemic reversals in history, and it's entirely self-inflicted by this horror show of an administration.

Bumping this post to remind Super when he was a proponent of the Atlanta Fed GDPNow numbers.

 

[superrific]

Bumping this post to remind Super when he was a proponent of the Atlanta Fed GDPNow numbers.

1. Well, that post was specifically a response to the claim that 1Q economic indicators were up. I responded that the GDP Now indicator was down by a lot.

2. That post was before the gold correction became public and the model adjusted to account for it. After the gold correction -- which, remember, accounted for roughly 200 out of the 280 basis points -- I realized that GDP Now wasn't going to be very reliable in an age of economic uncertainty and tariffs.

3. I change my mind sometimes when presented with new data. Don't you? I'm using the exact same reasoning when looking at the GDP Now report as with the gold correction -- that exogenous factors are messing up net export data and that has a ripple effect on the GDP projections.

I will not claim to have found the gold issue myself. I didn't. It was pointed out, and I learned from it.

 

[Calheel]

1. Well, that post was specifically a response to the claim that 1Q economic indicators were up. I responded that the GDP Now indicator was down by a lot.

2. That post was before the gold correction became public and the model adjusted to account for it. After the gold correction -- which, remember, accounted for roughly 200 out of the 280 basis points -- I realized that GDP Now wasn't going to be very reliable in an age of economic uncertainty and tariffs.

3. I change my mind sometimes when presented with new data. Don't you? I'm using the exact same reasoning when looking at the GDP Now report as with the gold correction -- that exogenous factors are messing up net export data and that has a ripple effect on the GDP projections.

I will not claim to have found the gold issue myself. I didn't. It was pointed out, and I learned from it.

I am not critiquing. Simply observing.