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Topic: OT-Politics Thread: please TRY to keep it civil, you damned dirty apes

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Honestbuckeye

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Re: OT-Catch all thread - Personal attacks will result in a time out
« Reply #37324 on: September 24, 2024, 04:03:14 PM »
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bayareabadger

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Re: OT-Catch all thread - Personal attacks will result in a time out
« Reply #37325 on: September 24, 2024, 07:43:03 PM »
Quote from: 847badgerfan on September 24, 2024, 03:27:58 PM
Why would consumers express optimism? This shouldn't be a surprise to anyone.
It strikes me that we may, and a certain way, the entering a bit of a post-optimism era in America. Too many people’s political hobby-ism runs too deep.
« Last Edit: September 24, 2024, 08:53:00 PM by bayareabadger »
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OrangeAfroMan

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Re: OT-Catch all thread - Personal attacks will result in a time out
« Reply #37326 on: September 24, 2024, 07:46:28 PM »
Quote from: 847badgerfan on September 24, 2024, 03:27:58 PM
Why would consumers express optimism? This shouldn't be a surprise to anyone.
Because every single metric has improved the last 6 months, year, and 18 months.  
But half the talking heads tell them nothing has improved.
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Cincydawg

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Re: OT-Catch all thread - Personal attacks will result in a time out
« Reply #37327 on: September 24, 2024, 07:48:21 PM »
Actually the unemployment numbers have trended a bit badly.  

And the deficit……..
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Honestbuckeye

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Re: OT-Catch all thread - Personal attacks will result in a time out
« Reply #37328 on: September 24, 2024, 10:56:15 PM »
Yeah.  See article a few posts up about what history tells us.  ( after rates are cut).   
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Cincydawg

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Re: OT-Catch all thread - Personal attacks will result in a time out
« Reply #37329 on: September 25, 2024, 06:15:28 AM »
One of the critical economic metrics in my view is real HH income.  I THINK that is the one that has a lot of folks stressed.  The "Talking Heads" can say whatever, but if folks don't feel they are making any progress they won't care.  I monitor business news pretty closely and I can't recall some TH saying anything about the economy that isn't based on something factual,  half have NOT been saying the economy is awful.  Many do point to areas of concern, which nearly always are extant.

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Temp430

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Re: OT-Catch all thread - Personal attacks will result in a time out
« Reply #37330 on: September 25, 2024, 07:31:58 AM »
Middle class and lower have taken a big hit the last few years with wages well behind inflation.  Don't see them going out and spending much any time soon.  
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847badgerfan

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Re: OT-Catch all thread - Personal attacks will result in a time out
« Reply #37331 on: September 25, 2024, 07:38:34 AM »
Quote from: bayareabadger on September 24, 2024, 07:43:03 PM
It strikes me that we may, and a certain way, the entering a bit of a post-optimism era in America. Too many people’s political hobby-ism runs too deep.
I don't know about that. What I know is I'm not spending like I did in the past, and I know I'm not alone.
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847badgerfan

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Re: OT-Catch all thread - Personal attacks will result in a time out
« Reply #37332 on: September 25, 2024, 07:39:11 AM »
Quote from: OrangeAfroMan on September 24, 2024, 07:46:28 PM
Because every single metric has improved the last 6 months, year, and 18 months. 
But half the talking heads tell them nothing has improved.
Sounds good, teach. Sounds good.
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Honestbuckeye

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Re: OT-Catch all thread - Personal attacks will result in a time out
« Reply #37333 on: September 25, 2024, 09:13:20 AM »
Well unemployment is up and climbing quickly. 

Credit card and other consumer credit lates and chargeoffs are way up and climbing 

Business loan credit issues are up and climbing 


These things are long cycle to correct or improve.  
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847badgerfan

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Re: OT-Catch all thread - Personal attacks will result in a time out
« Reply #37334 on: September 25, 2024, 09:14:29 AM »
Commercial real estate is a major issue.
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Honestbuckeye

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Re: OT-Catch all thread - Personal attacks will result in a time out
« Reply #37335 on: September 25, 2024, 09:15:15 AM »
Quote from: 847badgerfan on September 25, 2024, 09:14:29 AM
Commercial real estate is a major issue.
Huge.   
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847badgerfan

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Re: OT-Catch all thread - Personal attacks will result in a time out
« Reply #37336 on: September 25, 2024, 09:17:03 AM »
Lennar and DR Horton put some of our subdivision work on hold. Residential is not going well at the present.

But yeah. Let's be confident.
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utee94

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Re: OT-Catch all thread - Personal attacks will result in a time out
« Reply #37337 on: September 25, 2024, 09:39:04 AM »
So... not every single metric, then?
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