dow jones

vantexan

Well-Known Member
3% in a growth environment. Oh the fed can raise rates and bring the economy to a standstill in order to bring inflation down 1%.
Border? GOP simply has to pass the bipartisan border control bill drawn up by the GOP itself
Senility? We'll se who has it worse come debate time.
Will you finally tell us where you want to start cutting spending.
" Woke" A catch phrase that lacked legs and disappeared quickly because many who used it didn't know what it meant.
The border bill was drawn up without the approval of most Republicans and doesn't shut down the border. H.R. 2 shuts down the border but Senate Democrats won't let it happen. The president has the same power to shut down the border as previous presidents. Y'all are just playing election year politics while you made no effort to shut down the border in previous years and resisted all state efforts to do so.

Let's do a 10% cut across the board and demand that government bureaucrats streamline their operations.
 

DriveInDriveOut

Inordinately Right
GOP simply has to pass the bipartisan border control bill drawn up by the GOP itself
The GOP immigration bill was not bipartisan and Democrats rejected it.

The Democrat immigration bill was not bipartisan and the GOP rejected it.

You need to open a dictionary because you clearly have no idea what bipartisan means.
 

vantexan

Well-Known Member
The average immigrant makes less than $40,000 a year. These are not jobs Americans want.

Those workers actually helped boost the wages of American workers, and kept inflation and check. We need more immigrants, not fewer.

Look around you. We have three states where the median income is less than $40k. Quite a few more less than $45k. That means half of all incomes in those states are less than those numbers. A lot of people make considerably less. Americans take whatever jobs they can find in the areas they live and they don't need tens of millions of newcomers competing for those jobs.
 

Thebrownblob

Well-Known Member
Circle jerk club.
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bottomups

Bad Moon Risen'
Look around you. We have three states where the median income is less than $40k. Quite a few more less than $45k. That means half of all incomes in those states are less than those numbers. A lot of people make considerably less. Americans take whatever jobs they can find in the areas they live and they don't need tens of millions of newcomers competing for those jobs.
Tell that to the dairy farmers in Wisconsin. Without foreign labor they go out of business. US citizens won't do that kind of manual labor.
 

vantexan

Well-Known Member
Tell that to the dairy farmers in Wisconsin. Without foreign labor they go out of business. US citizens won't do that kind of manual labor.
My mother worked overnight in a dairy for two years. If those are the only jobs in a given area then Americans will take them. If an area has a shortage of workers then start a worker program bringing in immigrants to fill the jobs. But at local pay, not slave wages. Don't let millions come in unvetted where we end up with criminals and terrorists coming in too.
 

DriveInDriveOut

Inordinately Right
Look around you. We have three states where the median income is less than $40k. Quite a few more less than $45k. That means half of all incomes in those states are less than those numbers. A lot of people make considerably less. Americans take whatever jobs they can find in the areas they live and they don't need tens of millions of newcomers competing for those jobs.
They say the economy is great, just look at the jobs.

I point out there's 3 million more foreigners working here and 200k less Americans working.

They say oh but those jobs suck.

So the economy is great but the only jobs being created suck?

Lol, these people are so funny.
 
They say the economy is great, just look at the jobs.

I point out there's 3 million more foreigners working here and 200k less Americans working.

They say oh but those jobs suck.

So the economy is great but the only jobs being created suck?

Lol, these people are so funny.
 

DriveInDriveOut

Inordinately Right
I think the Fed had every intention of pushing us into a recession to tame inflation.

They just couldn't make it happen with the out of control government spending.

Now it's an election year so they're just going to leave it where it is until after the election is settled.
 
I think the Fed had every intention of pushing us into a recession to tame inflation.

They just couldn't make it happen with the out of control government spending.

Now it's an election year so they're just going to leave it where it is until after the election is settled.
They definitely don't want Trump in office

It's going to be a big difference between a have and have nots

People are running out of money
 

Up In Smoke

Well-Known Member
Screenshot_20240617-142126.png


A handful of investment banks are now calling for the S&P to make a second half run to 6000 and beyond. Goldman has reset their estimate to 6300. Last year's hot finish created more millionaires in 6 months than at any other time in US history. A 12-15% S&P would eclipse even 2023 numbers.
 

Up In Smoke

Well-Known Member
Hero or goat?

I missed the article that showed how Burry did in his big move against the markets in August of 2023, but it showed up this weekend in a related article. Burry made a 1.6B dollar bet against the S&P and NASDAQ and lost roughly 26% of his investment. Win or lose, the guy has stones.
 

Wally

BrownCafe Innovator & King of Puns
I think the Fed had every intention of pushing us into a recession to tame inflation.

They just couldn't make it happen with the out of control government spending.

Now it's an election year so they're just going to leave it where it is until after the election is settled.

Stocks will fall 30% as the U.S. economy heads for a painful recession, strategist says​


 
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