Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
Where is this all coming from? Stimulus payments "were a definite positive, but the main force driving sales up was an outsized increase in earned wages and salaries in March," wrote economist Brian Bethune. Recall the U.S. added nearly a million jobs last month. Bethune thinks we could now hit 7% GDP growth this year.
Where is this all coming from? Stimulus payments "were a definite positive, but the main force driving sales up was an outsized increase in earned wages and salaries in March," wrote economist Brian Bethune. Recall the U.S. added nearly a million jobs last month. Bethune thinks we could now hit 7% GDP growth this year.
Way to go, Joe!
What are you "smoking"?
This economy is not "smoking" it is running off of a bunch of funny money that is being printed up and injected into the economy. Theres nothing being produced here. We are printing money out of thin air.
The united states does not produce anything. We import from China then send empty ships back to go and refill with more of their surplus goods.
Any recovery you see is a complete mirage and I would invest accordingly for the future once the bubble pops.
This economy is not "smoking" it is running off of a bunch of funny money that is being printed up and injected into the economy. Theres nothing being produced here. We are printing money out of thin air.
The united states does not produce anything. We import from China then send empty ships back to go and refill with more of their surplus goods.
Any recovery you see is a complete mirage and I would invest accordingly for the future once the bubble pops.
Plus, the simple fact that state economies are opening up after lockdowns. Huge surprise that economic growth is strong.
I notice that in our small town the one unique restaurant we have has been often jammed with out of towners just hankering to get the heck outside and get a life again. There is so much pent up desire to return to so called normal that people are running all over just to get OUT.
We are opening up after draconian lockdowns. Even the leftist totalitarian states have to re-open now. That's why you're seeing things get back to normal.
Where is this all coming from? Stimulus payments "were a definite positive, but the main force driving sales up was an outsized increase in earned wages and salaries in March," wrote economist Brian Bethune. Recall the U.S. added nearly a million jobs last month. Bethune thinks we could now hit 7% GDP growth this year.
Way to go, Joe!
To be clear, jobs returning from covid shutdown is not job creation. We are still short on jobs from the prepandemic level.
Also, don't be shocked if money created out of thin air as freebies to people who didn't lose work acts as inflation a hidden tax. We'd likely have deflation if it weren't for the government.
Where is this all coming from? Stimulus payments "were a definite positive, but the main force driving sales up was an outsized increase in earned wages and salaries in March," wrote economist Brian Bethune. Recall the U.S. added nearly a million jobs last month. Bethune thinks we could now hit 7% GDP growth this year.
Way to go, Joe!
I think we should just give everyone a million dollars....just think how much growth we would have. Shamefully passing on our debts to our kids and grandkids is disgraceful.
We should totally just let the country go homeless during a global crisis. THat would fix things.
Nah, politicians shouldnt have caused a global crisis.
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
