BarryLaverty Posted February 6, 2023 Share Posted February 6, 2023 https://www.yahoo.com/finance/news/yellen-dont-recession-u-unemployment-132432963.html When you add a half a million jobs and your inflation is slowing, what recession???? the U.S. economy was proving "strong and resilient." OH, NO!!!! Link to comment Share on other sites More sharing options...
Monte1076 Posted February 6, 2023 Share Posted February 6, 2023 2 minutes ago, BarryLaverty said: https://www.yahoo.com/finance/news/yellen-dont-recession-u-unemployment-132432963.html When you add a half a million jobs and your inflation is slowing, what recession???? the U.S. economy was proving "strong and resilient." OH, NO!!!! Considering that they actually CHANGED THE DEFINITION of what a recession is... And again, have they gotten back to zero? 2 Link to comment Share on other sites More sharing options...
KirtFalcon Posted February 6, 2023 Share Posted February 6, 2023 Plugs had already plunged the economy into a recession along with his skyhigh inflation .... all the jobs he claims to have created are just jobs recovering from the plandemic ... Plugs hasn't done anything to improve the economy that wasn't stimulus hand out related .... Link to comment Share on other sites More sharing options...
BarryLaverty Posted February 6, 2023 Author Share Posted February 6, 2023 9 minutes ago, KirtFalcon said: Plugs had already plunged the economy into a recession along with his skyhigh inflation .... all the jobs he claims to have created are just jobs recovering from the plandemic ... Plugs hasn't done anything to improve the economy that wasn't stimulus hand out related .... It's like listening to a economic scholar, who fell and hit head, then ended up on a street corner, talking to himself, buttoning his shirt wrong and missing one shoe. Such insight, such wisdom and analysis. Link to comment Share on other sites More sharing options...
Monte1076 Posted February 6, 2023 Share Posted February 6, 2023 3 minutes ago, BarryLaverty said: It's like listening to a economic scholar, who fell and hit head, then ended up on a street corner, talking to himself, buttoning his shirt wrong and missing one shoe. Such insight, such wisdom and analysis. Simple question, Barry. Were all the jobs lost during the pandemic recovered? I'm on LinkedIn, and I can't tell you how many times over the past week I've seen people make unfortunate posts about being laid off. Even technical recruiters are being laid off. Some bigger tech companies are even doing massive layoffs of thousands of employees. Explain. Link to comment Share on other sites More sharing options...
BarryLaverty Posted February 6, 2023 Author Share Posted February 6, 2023 2 minutes ago, Monte1076 said: Simple question, Barry. Were all the jobs lost during the pandemic recovered? I'm on LinkedIn, and I can't tell you how many times over the past week I've seen people make unfortunate posts about being laid off. Even technical recruiters are being laid off. Some bigger tech companies are even doing massive layoffs of thousands of employees. Explain. Yep. https://www.thebalancemoney.com/29-months-later-all-the-jobs-lost-to-covid-19-are-back-6542485 Are you saying that jobs will never be lost in an economy? There will be never layoffs unless there is a recession or depression? What's your point? Link to comment Share on other sites More sharing options...
Monte1076 Posted February 6, 2023 Share Posted February 6, 2023 1 minute ago, BarryLaverty said: Yep. https://www.thebalancemoney.com/29-months-later-all-the-jobs-lost-to-covid-19-are-back-6542485 Are you saying that jobs will never be lost in an economy? There will be never layoffs unless there is a recession or depression? What's your point? Again, I've made this point before. If you lost 100 jobs, then GAIN 100 jobs, your "net gain" is ZERO jobs. Link to comment Share on other sites More sharing options...
BarryLaverty Posted February 6, 2023 Author Share Posted February 6, 2023 3 minutes ago, BarryLaverty said: Were all the jobs lost during the pandemic recovered? THIS was the question you asked. I answered it. Your endless meandering, aside. Link to comment Share on other sites More sharing options...
JBizzle Posted February 6, 2023 Share Posted February 6, 2023 2 minutes ago, BarryLaverty said: THIS was the question you asked. I answered it. Your endless meandering, aside. What are the costs of goods and services today compared to 3 years ago? How much has the average household's income increased in that same span. All jobs are not created equal. If someone lost a $100k job due to the plandemic and get a $40k job now, that isn't the same. Link to comment Share on other sites More sharing options...
Monte1076 Posted February 6, 2023 Share Posted February 6, 2023 16 minutes ago, BarryLaverty said: THIS was the question you asked. I answered it. Your endless meandering, aside. And they decided to CHANGE the definition of a recession...on a whim. We had met the criteria for a recession, but all we heard from the media and the Biden Administration was "Well, we're not really in a recession." Link to comment Share on other sites More sharing options...
DB2point0 Posted February 6, 2023 Share Posted February 6, 2023 The recession has already happened. It started Dec’21 Link to comment Share on other sites More sharing options...
DB2point0 Posted February 6, 2023 Share Posted February 6, 2023 44 minutes ago, BarryLaverty said: It's like listening to an economic scholar, who fell and hit head, then ended up on a street corner, talking to himself, buttoning his shirt wrong and missing one shoe. Such insight, such wisdom and analysis. Can you explain why all the jobs reports have been revised months later? Link to comment Share on other sites More sharing options...
DB2point0 Posted February 6, 2023 Share Posted February 6, 2023 (edited) 36 minutes ago, Monte1076 said: Again, I've made this point before. If you lost 100 jobs, then GAIN 100 jobs, your "net gain" is ZERO jobs. Not if you’re a democrat Edited February 6, 2023 by DB2point0 Link to comment Share on other sites More sharing options...
KirtFalcon Posted February 6, 2023 Share Posted February 6, 2023 What part of these aren't new jobs created due to economic growth does @BarryLavertyLarry not get? .... jobs previously lost due to the plandemic shut down that are now coming back aren't created jobs by Plugs ..... Link to comment Share on other sites More sharing options...
HearEmaGrowlin Posted February 6, 2023 Share Posted February 6, 2023 (edited) 1 hour ago, BarryLaverty said: https://www.yahoo.com/finance/news/yellen-dont-recession-u-unemployment-132432963.html When you add a half a million jobs and your inflation is slowing, what recession???? the U.S. economy was proving "strong and resilient." OH, NO!!!! Will say it again now, because you may not have seen it when I posted it the first time. I do not care what the MSM says about recession or no recession. All we have to do is apply current costs to what they were only a few years ago. That is not a long enough time to justify massive increases in the costs of many of the things we all buy every week. Then, you add in things like the cost to build a home versus when Republicans ran the country…. We’re about to build a house and the cost has gone from $110/sq ft to like $210/sq ft. That is not economic success. The Biden Administration is pitiful. Weak and owned by China, gives billions to Ukraine, won’t protect our borders, and costs for all of us have gone way up across the board. No, people around the globe do not respect us more. No, people around the globe do not admire us more. Get this clown show out of office so we can be America again. Edited February 6, 2023 by HearEmaGrowlin Link to comment Share on other sites More sharing options...
Coach Rab Posted February 6, 2023 Share Posted February 6, 2023 2 hours ago, BarryLaverty said: https://www.yahoo.com/finance/news/yellen-dont-recession-u-unemployment-132432963.html When you add a half a million jobs and your inflation is slowing, what recession???? the U.S. economy was proving "strong and resilient." OH, NO!!!! The recession already happened and doesn’t just disappear because your ignorant White House wants to change the definition of economic terms Link to comment Share on other sites More sharing options...
Sportsfanatic1 Posted February 6, 2023 Share Posted February 6, 2023 2 hours ago, BarryLaverty said: https://www.yahoo.com/finance/news/yellen-dont-recession-u-unemployment-132432963.html When you add a half a million jobs and your inflation is slowing, what recession???? the U.S. economy was proving "strong and resilient." OH, NO!!!! 1 1 Link to comment Share on other sites More sharing options...
Youngcoach123 Posted February 6, 2023 Share Posted February 6, 2023 2 hours ago, Monte1076 said: Considering that they actually CHANGED THE DEFINITION of what a recession is... And again, have they gotten back to zero? No, Slowest recovery ever. And yes we had two negatives GDP reports which is by old definition is a recession. 1 Link to comment Share on other sites More sharing options...
Sportsfanatic1 Posted February 6, 2023 Share Posted February 6, 2023 How is the US economy doing? US GDP increased 2.1% in 2022 after increasing 5.9% in 2021. Year-over-year inflation, the rate at which consumer prices increase, was 6.5% in December 2022. The Federal Reserve raised interest rates seven times in 2022 and again on February 1, 2023 to curb inflation, increasing the target rate from near zero to 4.5-4.75%. When accounting for inflation, workers’ average hourly earnings were down 1.7% in December 2022 compared to a year prior. The ratio of unemployed people to job openings remained at or near record lows throughout 2022. The unemployment rate was 4.0% at the beginning of 2022 and ended the year at 3.5%. The labor force participation rate remains almost one percentage point below February 2020. From January to November 2022, the US imported $889.9 billion more in goods and services than it exported. This is 7% higher than the trade deficit in 2021 for the same months. Link to comment Share on other sites More sharing options...
KirtFalcon Posted February 6, 2023 Share Posted February 6, 2023 The labor participation rate has dropped like a rock under Plugs .... it should be factored in to the unemployment rate .... Biden shatters ‘Misery Index’ https://m.washingtontimes.com/news/2022/aug/1/biden-shatters-misery-index/ Link to comment Share on other sites More sharing options...
blesseddaily Posted February 6, 2023 Share Posted February 6, 2023 5 hours ago, BarryLaverty said: It's like listening to a economic scholar, who fell and hit head, then ended up on a street corner, talking to himself, buttoning his shirt wrong and missing one shoe. Such insight, such wisdom and analysis. It actually makes more sense than your reply...which sounds a lot like the response of a jr high kid that just got caught lying. All you can do is attack the poster instead of showing where he misspoke...which is your normal intelligence response. Now, why don't you try again to show how really great our economy is when everything has literally doubled in price and the "great jobs numbers" are just people gpong back to work after Bidns horrible management or mismanagement, I should say. Just a little reminder...inflation was 1.4%...what is it now? What is the price of gas? Eggs? Milk? Just a few of the everday goods that folks on a fixed budget and families are struggling with becuse of Pedo Joe's mismanagement of an economy that was booming when he took office. Link to comment Share on other sites More sharing options...
Sportsfanatic1 Posted February 6, 2023 Share Posted February 6, 2023 1 Link to comment Share on other sites More sharing options...
blesseddaily Posted February 6, 2023 Share Posted February 6, 2023 2 hours ago, Sportsfanatic1 said: The only people that can deny this are the wealthy or the idiots that will never admit they are wrong. Anybody that actually has to pay for their groceries or any other basic needs will know that ALL goods have sky rocketed under this idiot. 1 Link to comment Share on other sites More sharing options...
BlahBlah Posted February 6, 2023 Share Posted February 6, 2023 4 hours ago, Monte1076 said: Simple question, Barry. Were all the jobs lost during the pandemic recovered? I'm on LinkedIn, and I can't tell you how many times over the past week I've seen people make unfortunate posts about being laid off. Even technical recruiters are being laid off. Some bigger tech companies are even doing massive layoffs of thousands of employees. Explain. Tech industry always lays off people. It is how they keep their workforce young. Their philosophy is young people know what young people want in the Tech industry. Young people are who have their wallets wide open and spending, It is a brutal industry that no one talks about. If your workforce is old in the tech industry , they call it getting Radio Shacked. Link to comment Share on other sites More sharing options...
Monte1076 Posted February 6, 2023 Share Posted February 6, 2023 19 minutes ago, BlahBlah said: Tech industry always lays off people. It is how they keep their workforce young. Not always. And besides, there's something to be said for experience. Experience helps you write better code and thus better products. Link to comment Share on other sites More sharing options...
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