U.S. Politics

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Re: U.S. Politics

Post by Lone Star » August 19, 2019, 5:34 am



More from El-Erian and his analysis of the media's fabricated "sky is falling" inverted yield curve. This time he explains it to the CNBC crew, and they don't argue. They understand it perfectly.

El-Erian states unequivocably that the US consumer can CONTINUE to insulate the US economy from the rest of the world by doing what they've been doing -- buying. El-Erian says that the recession talk is "silly." Watch it.

El-Erian explains why the US markets will be volatile even though the US economy is doing well. He goes into details about which OUTSIDE forces have affected Wall Street (China, Germany, Singapore), but NOT affected Main Street -- and why. This is where he starts talking about "de-globalization." Watch it.

El-Erian:
"The main risk for the consumer is self-fulfilling expectations. That people read these alarmist headlines about the inversion of the yield curve, that do not take into account big distortions. They get scared. Understandably so. They spend less, and if they spend less, business ... [he was interrupted mid sentence] The corporate sector is more exposed to the rest of the world."
El-Erian was in the process of explaining what he explained to Yahoo! Finance. Fear instilled in consumers by false calls of recession, cause the consumer to stop spending and hurt business -- which starts the snowball effect to a recession that wasn't going to happen.

El-Erian draws the contrast between Main Street and Wall Street, but uses the US Economy vs the Corporate Sector to describe the same thing.

El-Erian:
"The bond market is distorted by what is happening outside of the US."
El-Erian is waving warning flags over Europe and their ECB policies. Bonds are trading in negative territory over there, and cash is coming to the US in the form of buying dollars and investing in US Treasuries.

El-Erian lays it out pretty simply and emphatically. He says that the US economy is strong because of being detached from global issues, but the Wall Street globalists are invested overseas and are exposed to the risk of globalism -- which is what is causing the volatility in the stock market. As I have always said, the stock market is NOT a market driver. The stock market reacts to market drivers. This time, those drivers are coming from overseas, not US economic weakness.

The kicker is that the CNBC roundtable understands it and accepts it. Even Gary Cohn the backstabbing globalist sees it.

The more a nation depends on exports (the EU and China), the more exposure they have to de-globalization. It is the reaction by globalists in these other parts of the world -- their world being shaken by supply chain movement -- that is keeping the US markets volatile. But all of that is happening while Main Street -- US consumers -- continues to thrive because they are insulated from it all.

Trump's "America First" efforts are bringing wealth back to the US -- to Main Street -- and of course, Wall Street gets some too; but Wall Street is also having to forego globalist downside risks. Trump is dismantling the post WW2 way of trading globally with one-way tariffs that hurt the US. Trade partners and so-called allies who took advantage of it for decades don't like it. Understandable. They have to pay their own way now, they're not happy, and they're feeling the brunt of tariff balance.

In summary, Main Street (US consumers), which drives the US economy, is NOT hurt by globalism. Wall Street, which is heavily invested in globalism is in flux -- which translates into all of this market volatility that isn't being experienced by Main Street.

This explains why Democrats are so intent upon blocking all of Trump's trade deals that continue to detach Main Street from globalism. Those trade deals (USMCA, China, UK) will insulate Main Street even MORE and allow Main Street to continue to flourish. Democrats can't afford for that to happen. Main Street equals VOTES. If Democrats help Main Street, Democrats will also be helping Trump get re-elected in 2020.

NOTE: Dont' forget. Pelosi took a junket into Central America to try to influence an election to hurt Trump's immigration efforts with Guatemala. Desperate people do desperate things.

Details on Democrat efforts to stall/stop Trump's trade deals to follow.


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Re: U.S. Politics

Post by Lone Star » August 19, 2019, 6:00 am

.

Another GREAT judicial nominee from Trump!

Sarah E. Pitlyk, a pro-life attorney, has been tapped by Trump to replace Clinton appointee Judge Catherine Perry.

Pitlyk has a strong record in human rights and a defender of religious freedom. She was also a former law clerk for Justice Brett Kavanaugh. Her education includes degrees from Yale Law School, Boston College, Georgetown University and the Katholieke Universiteit Leuven in Belgium.

I look forward to the continued nomination and confirmation of Originalist judges to the federal bench!

STEADY WINNING.
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Re: U.S. Politics

Post by Lone Star » August 19, 2019, 6:12 am

.

NBC/Wall Street Journal Poll

Americans seem to be educating themselves on trade.

Those surveyed said they approve of free trade by a margin of 64% to 27%, which is a 17% flip from two years ago and a 27% flip from the last year of Bayrack's reign.

Of the other poll numbers that I saw, as usual, Trump was underwater in the few that I noticed. Nothing new there. Polls have been mostly negative for Trump since 2015 and were even negative on election day.
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Re: U.S. Politics

Post by Lone Star » August 19, 2019, 6:35 am

.

Oh my!

More good news for Trump in the Deep Blue State of Washington.

Trump is breaking fundraising records that many believe would never be possible. Trump has not only drawn more donations from Seattle addresses than he did during his entire campaign in 2016, but he's blowing away ALL of the Democrat contenders. ALL. Trump has more donors than ALL of the top six Democrat candidates COMBINED.

Numbers of donations (not donation totals) are a good measure of "people power."

So here's the numbers. Trump has 300% more donors from Washington State than Bernie, and Trump has the most ever recorded at this point in an election by any candidate of either party. Over 21,600 donors have pledged financial support to Trump. What makes it even more astounding is that they are itemized deductions, which require personal information to be made public. The occupations of these donors range from seamstresses to teachers to longshoremen to airline pilots to college professors.

At this point in Trump's last campaign in 2015, he had a total of SIX DONORS from the Seattle Area.

Trump probably doesn't have a chance of winning the State of Washington. He doesn't need to win Washington to win the election, but when his fundraising is breaking records where he has pretty much no chance of winning, that is serious; and it makes you wonder how many donors he has in states that LOVE HIM.
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Re: U.S. Politics

Post by Lone Star » August 19, 2019, 6:32 pm

Airportwo wrote:
August 19, 2019, 3:39 pm
This sums it up, from "Boom"
Over the last week, the mainstream media in the Western world has hit the Panic Now Button. They have filled their headlines and news bulletins with multiple warnings of imminent economic recession. They have declared discovery of the Yield Curve and brought this arcane subject forward for discussion around the kitchen table as if it is some newly formed object of delirium or perhaps some fascinating old artifact from Ancient Egypt.
Whatever the method of presentation, the conclusion from the “professional” mainstream commentariat has been consistent. They state that this amazing new phenomenon that they have discovered called the Yield Curve MUST be a reliable indicator of an economic contraction, maybe a depression. Some “expert” commentary has even foretold of Economic Armageddon (whatever that is). The protagonists of that scenario seem not content with just a slowing of economic growth or even a stagnation of growth. They seem desperate to see total economic carnage where everyone ends up in rags, begging from the Enlightened Holders of Gold.
That sums it up pretty well.

Yes, it's not surprising that they chose a component of the US Treasury market that not even paid pundits understand and need expert guests to explain it as inconsequential in the case of the US economy.

The average guy on the street isn't going to research an inverted yield curve or know where to start. The fear mongers were hoping the bait would be taken, consumers would constrict, and the chain of events would be initiated toward a recession to GET TRUMP. However, the inversion was over in 48 hours, and then US economic data from July was released and blew up their little Armageddon party.

This is the 3rd 'R' for the TDS Infected: Russia, Racist, Recession.
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Re: U.S. Politics

Post by Giggle » August 19, 2019, 6:59 pm

Plenty of the spakkers would gladly see (help) the economy crash and burn if only (bottom lip quiver) if only (tears welling) if only (slight tremble) they could somehow, with all their lunatic crazy ideas, (sniffle) their soul-crushing envy, (hitch) their absolute dearth of realistic policy initiatives, get rid of the Hitler antichrist devil from the white house.

These loons will be crushed in 2020.

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Re: U.S. Politics

Post by Lone Star » August 19, 2019, 7:24 pm

.

The Federal Reserve Bank of New York is reporting that tariffs are having only a small and sporadic effect on consumer prices. This is actually born out in low inflation numbers in the US economy.

Effect of tariffs on selling prices
7% - a significant upward effect
47% - no effect
10% - significant or slight downward effect
35% - slight upward effect

Protectionist tariffs in past US history were usually the result of manufacturers seeking to improve their profits at the higher cost to US consumers. These tariffs of 21st Century America are not having that effect, and they're not 'protectionist' tariffs. They were instituted to level trade imbalances if trading partners were unwilling to agree to free and fair trade.
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Re: U.S. Politics

Post by Doodoo » August 19, 2019, 7:49 pm

While in the Reported Federal Survey
Fed Survey Finds Tariffs Pushing Up Prices, Pinching Profits
By Alister Bull
16 สิงหาคม 2562 21:37 GMT+7
A new survey by the Federal Reserve Bank of New York found a growing conviction among businesses that President Donald Trump’s tariffs were hitting their bottom line.
Supplemental questions posed in the August editions of the New York Fed’s Empire State Manufacturing Survey and Business Leaders Survey showed a clear increase in the number of respondents who reported tariffs raising input costs, compared to their answers in August 2018. About two thirds of manufacturers saw an upward effect on prices paid and some 45% saw an upward effect on selling prices. The numbers were slightly lower but similar in the services sector.

In assessing the overall effect on their bottom lines, “among manufacturers, 51% perceive a negative effect in 2019, and 47% anticipate a negative effect in 2020,” the Fed said. “For service firms, the proportions are just under 40% for both years.”
AND FOR SOME REASON
"The New York Fed survey findings also chime with a report Friday from Deere & Co. that it is seeking cost savings amid a 24% fall in operating profit from its agriculture machinery unit, which was hit with higher production costs and lower shipping volumes. That makes sense, given U.S. farmers complain that they’ve been big losers in the trade war."

If he was so positive that Tariffs DO NOT raise prices why did he back off when told his increases might affect the prices of consumer goods before Christmas, Ho, Ho, Ho.

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Re: U.S. Politics

Post by Udon Map » August 19, 2019, 8:11 pm

Lone Star wrote:
August 19, 2019, 7:24 pm
.

The Federal Reserve Bank of New York is reporting that tariffs are having only a small and sporadic effect on consumer prices. This is actually born out in low inflation numbers in the US economy.

Effect of tariffs on selling prices
7% - a significant upward effect
47% - no effect
10% - significant or slight downward effect
35% - slight upward effect

Protectionist tariffs in past US history were usually the result of manufacturers seeking to improve their profits at the higher cost to US consumers. These tariffs of 21st Century America are not having that effect, and they're not 'protectionist' tariffs. They were instituted to level trade imbalances if trading partners were unwilling to agree to free and fair trade.
Bloomberg: Fed Survey Finds Tariffs Pushing Up Prices, Pinching Profits
https://www.bloomberg.com/news/articles ... ng-profits

New York Times: Trade War May Be Slowing Business Spending and Factories, Fed Says
https://www.nytimes.com/2019/07/05/busi ... olicy.html

Liberty Street Economics: New China Tariffs Increase Costs to U.S. Households
https://libertystreeteconomics.newyorkf ... holds.html

CNBC: Trump tariffs costing US consumers $1.4 billion per month, [Federal Reserve Bank of New York] study shows
https://www.cnbc.com/2019/03/26/ny-fed- ... month.html

Wall Street Journal: Latest China Tariffs Will Cost $831 per Household, Report Says
https://www.wsj.com/articles/latest-chi ... 1558637654

Financial Times (London): NY Fed finds new China tariffs to cost US households $100bn a year
https://www.ft.com/content/24b0214e-7d4 ... 85092ab560

American Enterprise Institute: Cost of Tariff Man’s trade war? $831 annually per household according to the NY Fed
http://www.aei.org/publication/cost-of- ... he-ny-fed/

MarketWatch: This is what Trump’s latest tariff increase will cost the typical American household
https://www.marketwatch.com/story/this- ... 2019-05-23

Time: Trump's Trade War Is Costing Americans $3 Billion a Month in Higher Taxes, [New York Federal Reserve] Study Says
https://time.com/5543384/trump-trade-war-taxes/

CBS News: Trump's China tariffs hike will cost average U.S. family $831 a year [according to economists at the New York Federal Reserve]
https://www.cbsnews.com/news/trumps-chi ... mists-say/


Sigh....

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Re: U.S. Politics

Post by Doodoo » August 19, 2019, 8:15 pm

Udon
You data seems slightly different than earlier submissions concerning the affects of tariffs?

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Re: U.S. Politics

Post by Udon Map » August 19, 2019, 8:21 pm

Doodoo wrote:
August 19, 2019, 8:15 pm
Udon
You data seems slightly different than earlier submissions concerning the affects of tariffs?
Not my data, -- it's the Federal Reserve Bank of New York's data.

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Re: U.S. Politics

Post by Lone Star » August 19, 2019, 8:29 pm

Giggle wrote:
August 19, 2019, 6:59 pm
Plenty of the spakkers would gladly see (help) the economy crash and burn if only (bottom lip quiver) if only (tears welling) if only (slight tremble) they could somehow, with all their lunatic crazy ideas, (sniffle) their soul-crushing envy, (hitch) their absolute dearth of realistic policy initiatives, get rid of the Hitler antichrist devil from the white house.

These loons will be crushed in 2020.
Yes, the Democrat Socialists can bullshit their way through just about anything, but they never can find the bullshit narrative to help them bullshit their way into making wage earners more prosperous, wages increase or creating a booming business environment that will foster all of those things for Main Street. Give away sh*t that belongs to others, stop enforcing laws, provide incentives to law-breakers, confiscate wealth, demonize achievers, infringe on individual rights, et al.

All Democrats had to do was not be stupid, propose programs and policies that enhance Main Street and ALL US citizens, and they had a chance to beat Trump just on pure hate. But Democrat Socialists couldn't even meet that low bar. The candidates left are all screeching moonbat loons.

And now that they realize that all of Trump's trade deals further insulate Main Street from globalism, the Democrats are intent upon doing anything they can to delay/block/stop anything that would be a win for Main Street and a win for Trump.

It all goes back to this:
"The enemy of my enemy is my friend."

For any who have been following along regarding the de-globalization efforts of Trump to shore up Main Street, what follows should be pretty easy to grasp and understand.

First and foremost, Trump's goal has always been "free and fair trade." He has repeated this early and often. When trading partners did not agree to it, then Trump balanced the trade imbalances with US tariffs. "America First" means taking care of Main Street, which means cutting off the spigot of losing jobs globally.

China, the EU and the horrid NAFTA trade deal were the worst offenders in all of it. So it is natural that they would get the majority of the focus.

1. Trump has executed a work-around avoiding China by creating bilateral deals with other countries in Asia for both trade and relocation of supply chains. That was why Trump spent the time that he did in Vietnam earlier. There are multiple goals regarding the China trade problem, and the most pressing has been theft of intellectual property. It's not just about trade.

2. Trump has announced just in the past week that he is willing to structure a win-win deal with the UK that creates free and fair trade between the countries that will also make inroads into the EU. This will be a win for the UK economy, and a win for the US in trade. This will create some leverage for both the US and UK vs the EU.

3. NAFTA was always considered to have not done what it had been originally designed to do. It cost the US many jobs and businesses. Even Democrats admitted this; but now, BECAUSE TRUMP, they're dragging their feet in voting for and implementing USMCA -- the restructured NAFTA with Mexico and Canada.

Trump's efforts in trade are bringing the jobs back to the US that past administrations said would NEVER return. Know why? Previous US leaders were feeding the globalist economy to the detriment of Main Street. They weren't stupid. They knew where the jobs were going and why. Even if companies do not come to the US to make their products as a result of Trump's tariffs, they are being forced into a Plan B to relocate from China in order to do business with a US consumer who has money to spend. "America First" has brought jobs and higher wages back to the US. All of North America could benefit if Pelosi ever brings USMCA to the floor for a vote; but most importantly, it would further weaken China's position of trade with the US. USMCA closed loopholes that allowed China products to go through Canada and Mexico to the detriment of US products.

You think Democrats aren't capable of upsetting Trump's efforts? Look at all they've done for the last 2+ years that has harmed US citizens just with immigration and crime, lies told about Kavanaugh to keep him from being confirmed, the repeated drumbeat of labeling all Trump supporters as Nazis and racists, the fact that many of them have publicly hoped for a recession if that would result in Trump losing. Democrats are very capable of harming Main Street to keep Trump from winning; and they are able to do it with a smile and a clear conscience.

It's not a coincidence that after Justin Trudeau met with Pelosi and Democrats that Trudeau and his Foreign Affairs Minister tabled the ratification of USMCA in Canada.

It's not a coincidence that Pelosi would announce, the day after a US-UK trade agreement that would give both countries leverage vs the EU after a No-Deal Brexit, that the House would never support that agreement. Pelosi doesn't even know what the agreement would entail.

It's not a coincidence that immediately after that US-UK trade deal that globalist-friendly media began pushing the US recession narrative based solely on a yield curve and no other indicator.

It's not a coincidence that the Democrats began beating the drums for recession along with globalist-friendly media as soon as it was first uttered. Not one Democrat has a plan of what to do other than to keep getting screwed in trade by supposed allies. That's not a surprise.

Trump's focus is Main Street. The consumer on Main Street represents votes. De-globalization helps Main Street and keeps it strong, but it hurts Wall Street due to their taking on so much global risk. Wall Street wants the globalist status quo because there are trillions in play there; but that's a risk they were willing to take at the time with globalist presidents.

So you can start looking for huge donations for Democrats from Wall Street to help them secure their globalist investments. "The enemy of my enemy is my friend." Wall Street loved Trump until he started taking care of Main Street and kicking in the "America First" doctrine.

By repeating the recession drumbeat, by striking fear into consumers in the hopes that it causes them to constrict their spending, that constriction would eventually start a recession that had no indicators of even happening -- other than the inverted yield curve that didn't last and was blown up by all the July consumer data. Democrats are willing to push any narrative necessary to GET TRUMP. They've proven it to the detriment of Americans already.

To be intellectually honest, an onlooker has to ask, "Just what have Democrats proposed that will HELP Main Street without penalizing another American with higher taxes or seizing assets?" There's nothing. The only way to get Trump is to maybe impeach him, create a phony narrative of impending doom, or create a political impasse that will cause failure and cause him to lose the election.

It's not a coincidence that all of Trump's enemies are cheering recession. They're willing to take down hard-working Americans to GET TRUMP.
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Re: U.S. Politics

Post by Giggle » August 19, 2019, 8:45 pm

The scum cheered when US troops were killed in Iraq in the same disgusting vein. The absolute worst of humanity.

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Re: U.S. Politics

Post by Doodoo » August 19, 2019, 9:27 pm

Doodoo wrote: ↑August 19, 2019, 8:15 pm
Udon
You data seems slightly different than earlier submissions concerning the affects of tariffs?
Not my data, -- it's the Federal Reserve Bank of New York's data."

Man there must be a load of Democrats at
Bloombergs, New York Times,Liberty Street Economics, CNBC,Wall Street Journal, American Enterprise Institute, Market Watch, Time, CBS News and even from over the Pond Financial Times (London)" that reported

Why would law abiding American Citizens want the USA to see "the economy crash and burn, Google's quote) or are they just getting the word out there to be prepared for the economic future.
Calling them Bullshiters and Stupid people certainly isn't going to get them to see the other side. In fact it will turn them away wouldnt ya think

I take it Conflict Resolution was never a part of training in certain peoples pasts.

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Re: U.S. Politics

Post by GT93 » August 20, 2019, 2:06 am

$831 per household is quite a whack. This is nuts when the US is running a huge government deficit and only fairly recently cut taxes on wealthy households. Trump and the US economy aren't well placed to cope with a recession.

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Re: U.S. Politics

Post by Doodoo » August 20, 2019, 6:15 am


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Re: U.S. Politics

Post by Lone Star » August 20, 2019, 6:35 am

The Federal Reserve Bank of New York is reporting that tariffs are having only a small and sporadic effect on consumer prices. This is actually born out in low inflation numbers in the US economy.

Effect of tariffs on selling prices
7% - a significant upward effect
47% - no effect
10% - significant or slight downward effect
35% - slight upward effect

Protectionist tariffs in past US history were usually the result of manufacturers seeking to improve their profits at the higher cost to US consumers. These tariffs of 21st Century America are not having that effect, and they're not 'protectionist' tariffs. They were instituted to level trade imbalances if trading partners were unwilling to agree to free and fair trade.
My source was the New York Fed Report dated in August and released in the last few days. Keep that in mind.

I read 8 of the 10 articles provided. Two required a subscription. Only one article was current and only one article referenced my current source data. Nine of the 10 articles are between 1 month and 5 months old.

And here's all the scary headlines.

1. https://www.bloomberg.com/news/articles ... ng-profits
Bloomberg - the only CURRENT article provided

Ominous headline. It sourced the exact same source as my post with the same data.


-----

2. https://www.nytimes.com/2019/07/05/busi ... olicy.html
New York Times - July 5, 2019 (Over 1 month old)

BEFORE consumer numbers were released for July.

Ominous headline, but this article did NOT address how suppliers are addressing consumer pricing based on tariffs, which my data specifically addressed.

-----

3. https://libertystreeteconomics.newyorkf ... holds.html
Liberty Street Economics - May 23, 2019 (Over 2 months old)

BEFORE consumer numbers were released for July.

Ominous headline, but this article did NOT address how suppliers are addressing consumer pricing based on tariffs, which my data specifically addressed. Also contained a DISCLAIMER: The views expressed in this post are those of the authors and do not necessarily reflect the position of the Federal Reserve Bank of New York or the Federal Reserve System. Opinion piece.

-----

4. https://www.cnbc.com/2019/03/26/ny-fed- ... month.html
CNBC - March 26, 2019 (Over 4 months old)

BEFORE consumer numbers were released for July.

Ominous headline, but this article did NOT address how suppliers are addressing consumer pricing based on tariffs, which my data specifically addressed.

-----

5. https://www.wsj.com/articles/latest-chi ... 1558637654
Wall Street Journal - May 23, 2019 (Over 2 months old)

BEFORE consumer numbers were released for July.

Ominous headline, but the article isn't available without a subscription. Hence, no data to compare.

-----

6. https://www.ft.com/content/24b0214e-7d4 ... 85092ab560
Financial Times London - No date available

Ominous headline, but the article isn't available without a subscription. Hence, no data compare.

-----

7. https://www.aei.org/publication/cost-of ... he-ny-fed/
American Enterprise Institute - May 24, 2019 (Over 2 months old)

BEFORE consumer numbers were released for July.

Ominous headline, but this article did NOT address how suppliers are addressing consumer pricing based on tariffs, which my data specifically addressed.

-----

8. https://www.marketwatch.com/story/this- ... 2019-05-23
MarketWatch - May 26, 2019 (Over 2 months old)

BEFORE consumer numbers were released for July.

Ominous headline, but this article did NOT address how suppliers are addressing consumer pricing based on tariffs, which my data specifically addressed.

-----

9. https://time.com/5543384/trump-trade-war-taxes/
Time - March 4, 2019 (Over 5 months old)

BEFORE consumer numbers were released for July.

Ominous headline, but this article did NOT address how suppliers are addressing consumer pricing based on tariffs, which my data specifically addressed.

-----

10. https://www.cbsnews.com/news/trumps-chi ... mists-say/
CBS - May 23, 2019 (Over 2 months old)

BEFORE consumer numbers were released for July.

Ominous headline, but this article did NOT address how suppliers are addressing consumer pricing based on tariffs, which my data specifically addressed.

-----

All of those articles are either OLD (except one) or did not address the same data from August 2019 that my data addressed: PRICING of products for consumers by suppliers. Almost every single one of those articles with the scary headlines were full of projections and predictions of how tariffs would adversely affect consumers; and yet, consumer spending data and inflation are not reflecting their predictions. All of their projections were before the Commerce Department's consumer purchasing numbers DOUBLED estimates by the experts. Experts 0.3%. Actual 0.7%. Without autos, the actual was 1.0% -- TRIPLE the estimate.

Only the Bloomberg article sourced the same report that I sourced from the New York Fed. The data is the same. It must also be noted that "input costs" and "consumer pricing" are not the same. Input costs are for the supplier and how they view tariffs affecting their products. Consumer pricing is how the supplier prices their product for the consumer.

To summarize, as a result of the July 2019 Commerce Report: Consumers are still spending much higher than expectations, and inflation is under 1.5%. Consumers don't seem to be fazed by all of these scary outdated headlines from March, May and early July.
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Re: U.S. Politics

Post by Doodoo » August 20, 2019, 6:46 am

Google
"The scum cheered when US troops were killed in Iraq in the same disgusting vein. The absolute worst of humanity'\"
TROLLING, Causing SH-T you need to provide some I dont even want to say positive to this.

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Re: U.S. Politics

Post by Lone Star » August 20, 2019, 6:47 am

.

I guess that's why some "data seems slightly different than earlier submissions concerning the affects of tariffs."

Headlines aren't data.

"I take it" that reading and research beyond headlines "was never a part of training in certain peoples pasts."

There are some people so eager to cheer a potential forum ally that they allow emotion to drive their statements before they bother to read the sources provided and get all the facts.

Not surprisingly, it's the same gudgeon who posts headlines without reading the whole article, and it backfires. Damn. Backfired again.

It's always a good idea to read past the headlines. Read the articles completely. Note the dates. Compare and contrast information, and then summarize concisely.

The media sourced in the 10 links was not about their concern that consumers prepare for a possible downturn in the economy. It wasn't about being helpful. If the media was simply telling a cautionary tale, they would word their alarmism differently and provide helpful tips for investors to lessen their risk. But that isn't the media motive for recession talk.

There is nothing more despicable than a media that is supposed to be the independent watchdog of The People, gaslighting consumers into thinking something is happening of which there is no evidence. In case you're naive enough to attach noble characteristics to these reporters and writers in general, your knowledge of their deeds just in the last 30 months is extremely poor. We're talking about the same media that has printed libelous stories without named sources, pushed political opposition research as factual evidence, published op-eds by unknown authors, changed headlines at the urging of the LIB Thug Mob to reflect poorly on Trump, participated in leaking classified information, has admitted to restructuring their entire newsroom from Trump-Russia to Trump-Racist, and has a public approval rating lower than 20%. The public approval rating of the US Congress is not far behind.

Dem candidates are now gaslighting consumers by echoing the media's recession bullshit. As usual, they have NO specific PLAN as to what they would do to stop a recession -- probably because they have no knowledge of economics. They just like to seize assets and give sh*t away. Just the same old BECAUSE TRUMP. All his fault, you know. Gotta GET TRUMP.

One of those dumbass candidates would rise in polls overnight if they had a real, economically sound plan that would cut spending and keep taxes low. Everything those dumbasses talk about is the opposite: raising taxes and more spending, which will/would kill the economy whether in a recession or not.

And then, pulling up the rear, comes the other gudgeon -- the pissant troll and outlier who outshines everyone in nonsense. Glad enough time lapsed before I posted so he could respond with his usual foolishness.

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Lone Star
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Re: U.S. Politics

Post by Lone Star » August 20, 2019, 7:07 am

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Mexico is MORE than holding up their end of the bargain with their immigration deal with Trump. This is outstanding news!

Mexico can do whatever they wish with asylum seekers. They are not bound by activist US judges.

Mexican officials began packing these migrants into buses and sending them 750 miles south to the border with Guatemala to wait -- or finally get frustrated enough to go back home and "self deport," which they're always free to do.

The "Remain in Mexico" program agreed upon by Trump and Mexico is genius, since Democrats will not do anything to close the immigration loopholes and stop the incentives for illegal aliens to continue to travel to the southern US border. No way will Democrats give Trump or the American People a win in immigration.
AMERICA: One of the Greatest Stories Ever Told.

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