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The Trump Economy


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On 5/28/2020 at 9:16 AM, plenzmd1 said:

Good points, but at least the business leaders have to answer to real numbers every 3 months, unlike the idiots on both sides of the aisle today.

 

And great point on the checking account balances..and my guess is that WFH does impact that way..and that money might fuel pent up consumer demand as we open.

 

Anecdotally, 2020 doing its thing seems to me and friends as well. So far during this shutdown i have

 

1) repaired an air handling unit to tune to $600

2) Needed to buy new grill..$700

3) Needed to repair irrigation system to tune of $500

4) had a car die, so bought new car

5) rejoined club as full golf member, cause what the hell else was i gunna do

 

And seems like all my friends have had similiar things happen..Gods way of forcing us that spend i guess!

 

Try a septic failure on for size

 

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17 minutes ago, BuffaloHokie13 said:

I've gone through 2 handles of Bulleit, a 750 of local bourbon, and a 750 of tequila...

 

Is that a daily regimen?

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Bad, but not as bad as expected. Maybe because some reopening had started?
 

Private payrolls decline by 2.76 million in May, ADP says, a much smaller drop than feared
 

* Private payrolls fell by 2.76 million in May, according to a report Wednesday from ADP.
* The total comes on top of a plunge of 19.6 million in April, the worst in the survey’s history.
* Economists had been looking for a decline of 8.75 million. The reason for the wide disparity was not immediately clear.

 

</snip>

 

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U.S. stock futures rose in early trading on Wednesday as markets continued to rally on optimism over economies emerging from coronavirus-led shutdowns.

 

The S&P 500 is up 1% so far in June, bringing its gain from its pandemic low in March to more than 40%. 

 

(Excerpt) Read more at apple.news ...

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1 hour ago, B-Man said:

U.S. stock futures rose in early trading on Wednesday as markets continued to rally on optimism over economies emerging from coronavirus-led shutdowns.

 

The S&P 500 is up 1% so far in June, bringing its gain from its pandemic low in March to more than 40%. 

 

(Excerpt) Read more at apple.news ...

 

Unemployment numbers were better than expected (by 4 million). Stocks jumping. 

 

Perhaps it will be a swoosh recovery... 

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1 minute ago, Deranged Rhino said:

 

Unemployment numbers were better than expected (by 4 million). Stocks jumping. 

 

Perhaps it will be a swoosh recovery... 

If the states have to lay off cops, teachers, firefighters and others, there won’t be any quick recovery 

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2 hours ago, Tiberius said:

If the states have to lay off cops, teachers, firefighters and others, there won’t be any quick recovery 

 

I dare the blue states to try that.

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6 minutes ago, Tiberius said:

All the states might have no choice, recessions mean less tax revenue. Believe me, it's already happening. 

 

Let's see how long Newsom lasts if he fires cops, firefighters, and EMTs.

 

I got my popcorn all set for the show.

 

GranularTeemingHarborseal-size_restricte

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19 hours ago, Tiberius said:

No, I support Nancy Pelosi bill to fund state and local governments through this recession 

I agree. By getting everyone to destroy their own businesses and putting more people on welfare, government bailouts, we can get them to feel the same pain as the inner cities. Then we have them right where we want them. If people want money and food, they will have to compete politically or they will starve. The plan is going well comrade. We will win. Once we get them desperate enough, we can get them to trade their guns for food.

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When the 1.9 million number came out this week my first response is how many have gone back to work?  Looks like a lot!

 

The #orangemanbad crowd “you’re cheering 13% unemployment!!!!!!!!” In 3.....2....1.....

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