yoderjac
5 year old buck +
Just answering your question... :)
Stock Market is the bottom in?
- Thread starter Peplin Creek
- Start date
I was a great fan of Trump’s policies - not so much his personality. But, He said what he thought and usually stuck to it. Biden has horrible policies and says what someone tell’s him to say - and then reverses course if someone tells him to say something else to buy a few more votes. Not much lower character than a liar - in my opinion.
bwoods11
5 year old buck +
I would take some mean tweets right now! There was a discussion on Fox from a number of different analysts--not all pro-Trump either!! They were talking about the attempt to destroy the US from within. They made some very good points. It is almost impossible for it to get his bad in 2 years. Afghanistan was the worst debacle in US military history and it steamrolled from there on.
Gas at $6, inflation at a 50 year high. The stock market is getting crushed.... now 46 immigrants found dead in a truck in near the border. Unbelievable!
Gas at $6, inflation at a 50 year high. The stock market is getting crushed.... now 46 immigrants found dead in a truck in near the border. Unbelievable!
yoderjac
5 year old buck +
I'll take a democracy...
yoderjac
5 year old buck +
It means the sanctity of our democracy is more important than any specific policy or president. I sure do miss Regan!
Biden and his handlers would love to operate a full blown dictatorship. The Supreme Court is one of - if not the greatest institution within our Federal Government. What Biden should have done, after the Supreme Court action on Roe, was come out and said something to the effect “the highest court in the land has determined, BASED ON LAW, the legality of abortions should be determined by the states.” He should never have bad mouthed of disagreed with their decision. Just like when Kyle Rittenhouse was found not guilty by a jury of his peers - Biden has to jump in and question the verdict when he wasnt even at the trial. He is nothing more than an attention whore like Lebron James. He should let folks do the jobs they are supposed to do, support the system, and keep his senile brain out of things in which he has no business.
I'll take a constitutional republic.
yoderjac
5 year old buck +
Representative democratic federal republic.
Diesel5610
5 year old buck +
The best part of the Democrats meltdown over the Supreme Court decision and the make up of the court is that it is the Democrats own fault. Barrett, Gorsuch and Kavanaugh are likely never confirmed had Harry Reid and The Democrats not changed the rules to needing only a simple majority to confirm a Supreme Court justice. Under the old rules Trump would have had to find nominees that they could actually get 60 votes to confirm. Probably more moderate choices, which is why the rules actually existed that way. Everybody compromised. The Democrats changed the rules and now it has bitten them in the ass. No sympathy.
TreeDaddy
5 year old buck +
SD51555
5 year old buck +
I enjoy Durden's work at Zerohedge. He always digs up good data driven articles. I have been wondering why the employment situation is such a mess. I've also been wondering when the big deal was gonna finally let loose. I stumbled across a few good reads the past couple days that help paint a reasonable picture of the state of things between jobs and housing. In this article below, there are two gems. Housing has now crossed the oh-sh*t threshhold. One new problem not accounted for in this chart is the additional immense pressure on income due to general inflation. That spike is actually quite a bit higher when that income value is adjusted.
www.zerohedge.com
The writer also mentions that we have not gotten our employment numbers back up to 2019 levels. How could that be? I don't know anyone that has the luxury of just sitting around anymore. The stimmies have done dried up. How can it be that we've not added a single person to the workforce in two and a half years, despite trillions in stimulus to make everyone rich for a minute. I will give a 6-month mulligan for the time it took to figure out the covid freakout was overblown. Even so, we need 250,000 new jobs a month to keep working age people employed as the population grows via birth and pourous borders. So, we should have grown employment ranks by at least 5 million after September of 2020.
So where did all the workers go? We know Biden also escorted in 2-3 million illegals in the first 17 months of hisattack administration. Given the pressure on housing, I'm guessing it's much higher than that.
Surely some of them have found work. So what happened to all those extra working aged people? It cannot be the great resignation. There cannot be that many more that retired than those that entered the workforce. 2/3 of the elderly have no savings, and the incoming workforce is larger than what's left of the boomers. The stock market boom largely just closed the gap from the stock market crash and topped things up enough to keep making the payments.
What happened to those 5 million people that they won't or cannot work?
ZeroHedge
ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
www.zerohedge.com
The writer also mentions that we have not gotten our employment numbers back up to 2019 levels. How could that be? I don't know anyone that has the luxury of just sitting around anymore. The stimmies have done dried up. How can it be that we've not added a single person to the workforce in two and a half years, despite trillions in stimulus to make everyone rich for a minute. I will give a 6-month mulligan for the time it took to figure out the covid freakout was overblown. Even so, we need 250,000 new jobs a month to keep working age people employed as the population grows via birth and pourous borders. So, we should have grown employment ranks by at least 5 million after September of 2020.
So where did all the workers go? We know Biden also escorted in 2-3 million illegals in the first 17 months of his
Surely some of them have found work. So what happened to all those extra working aged people? It cannot be the great resignation. There cannot be that many more that retired than those that entered the workforce. 2/3 of the elderly have no savings, and the incoming workforce is larger than what's left of the boomers. The stock market boom largely just closed the gap from the stock market crash and topped things up enough to keep making the payments.
What happened to those 5 million people that they won't or cannot work?
Wind Gypsy
5 year old buck +
I enjoy Durden's work at Zerohedge. He always digs up good data driven articles. I have been wondering why the employment situation is such a mess. I've also been wondering when the big deal was gonna finally let loose. I stumbled across a few good reads the past couple days that help paint a reasonable picture of the state of things between jobs and housing. In this article below, there are two gems. Housing has now crossed the oh-sh*t threshhold. One new problem not accounted for in this chart is the additional immense pressure on income due to general inflation. That spike is actually quite a bit higher when that income value is adjusted.
ZeroHedge
ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
View attachment 44205
The writer also mentions that we have not gotten our employment numbers back up to 2019 levels. How could that be? I don't know anyone that has the luxury of just sitting around anymore. The stimmies have done dried up. How can it be that we've not added a single person to the workforce in two and a half years, despite trillions in stimulus to make everyone rich for a minute. I will give a 6-month mulligan for the time it took to figure out the covid freakout was overblown. Even so, we need 250,000 new jobs a month to keep working age people employed as the population grows via birth and pourous borders. So, we should have grown employment ranks by at least 5 million after September of 2020.
View attachment 44206
So where did all the workers go? We know Biden also escorted in 2-3 million illegals in the first 17 months of hisattackadministration. Given the pressure on housing, I'm guessing it's much higher than that.
Surely some of them have found work. So what happened to all those extra working aged people? It cannot be the great resignation. There cannot be that many more that retired than those that entered the workforce. 2/3 of the elderly have no savings, and the incoming workforce is larger than what's left of the boomers. The stock market boom largely just closed the gap from the stock market crash and topped things up enough to keep making the payments.
View attachment 44207
What happened to those 5 million people that they won't or cannot work?
You don't think the "great resignation" is part of it? People seem less likely to base their self image off their job and more focused on how they're spending their time to me.
SD51555
5 year old buck +
No. The big quit months were November 2021-January of 2022. There was another big quit catalyst going on at the time, and it wasn't prosperity.
Wind Gypsy
5 year old buck +
Maybe it's just anecdotal amongst folks i know. My wife left a good job this spring to focus on raising our family instead. I have a handful of friends who's wives have done the same in the last year. Many of the people i work with have had 2 great financial years and still there are lot of people leaving, many taking time off or joining the family farm. These are folks who could leave salaries behind with slight lifestyle/spending adjustments.
Tree Spud
5 year old buck +
Everyone I now continues to work like beat mules. they are all either top earners or business owners. They know that tomorrow is promised to no one and today's riches can be tomorrows unexpected financial issue. They have been through many up and down cycles.
The problem with retiring early is you have too much time on your hands and start to lose focus/discipline. Spending money and feeling you are entitled to something can quickly dissolve savings. With people living longer, compounded with the recession/inflation/etc, many will run out of money.
The problem with retiring early is you have too much time on your hands and start to lose focus/discipline. Spending money and feeling you are entitled to something can quickly dissolve savings. With people living longer, compounded with the recession/inflation/etc, many will run out of money.
S.T.Fanatic
5 year old buck +
I can’t wait for a recession myself. Maybe then people will need jobs again and I can hire some people. I’ve been looking for two years and either everyone has a job or doesn’t want one. Oh wait dumb fuk will just fire up the press again and turn that recession into a full blown depression in less than a year. On the bright side, maybe it will be worth having money in the bank again.
Sent from my iPhone using Tapatalk
Sent from my iPhone using Tapatalk
b116757
5 year old buck +
I honestly think it’s closer to 75% have little to nothing for retirement.
