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U.S. economy grows by 4.3% in third quarter
The U.S. economy grew at a much greater-than-expected pace in the third quarter, boosted by strong consumer spending. Economists polled by Dow Jones expected a gain of 3.2%.
Last edited by jocoo; 7 hours ago
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And unemployment rates on the up. Its all about AI at this point.
I just flat out don't believe that.
Thanks Trump. Who doesn't want strong economic growth and low inflation? The stock market is at all-time highs too.
Just saw this report. On CNN. Which is apparently far-right propaganda now or something.

Wonder if MSNBC/BSNOW is still predicting a world-ending recession...
Last edited by MinionJoe; 6 hours ago
I wonder how big an effect the cancelling of the penny has been.
Also I paid for something at a store in cash and got exact change. Its going to suck once pennies are gone.
The parasitic AI labs are making the host swell.
Originally posted by xBCxRangers:
And unemployment rates on the up. Its all about AI at this point.

https://en.wikipedia.org/wiki/Lump_of_labour_fallacy

How many times do I have to teach you this lesson, old man?
Originally posted by Houseman:
Originally posted by xBCxRangers:
And unemployment rates on the up. Its all about AI at this point.

https://en.wikipedia.org/wiki/Lump_of_labour_fallacy

How many times do I have to teach you this lesson, old man?

Unemployment is the highest since Covid. Jobs are going away, and Wall St is having a party knowing the shedding of all those jobs will increase productivity and cut salaries.

Up and until these upper income earners, the only ones spending money right now lose their jobs, and don't spend.

That's when the maelstrom begins.

And so we can't go by Wall Street, being good news for them at the moment is very bad news for Main Street.
Originally posted by xBCxRangers:
And unemployment rates on the up. Its all about AI at this point.

Has nothing to do with economic growth though. Fact is, Trumps economy is doing extremely well, despite all the fear porn pundits telling everyone of an oncoming recession hoping to scare consumers and investors into creating one.
believing propaganda lol nothing ever changes does it?
i know very little about economics i am one of the few here that will admit that
but i never believe the official story!
Last edited by Kayla ♥; 5 hours ago
Originally posted by jocoo:
The U.S. economy grew at a much greater-than-expected pace in the third quarter, boosted by strong consumer spending. Economists polled by Dow Jones expected a gain of 3.2%.

"Even a blind chicken finds a grain sometimes."
Last edited by Mauserich; 5 hours ago
Originally posted by Mauserich:
Originally posted by jocoo:
The U.S. economy grew at a much greater-than-expected pace in the third quarter, boosted by strong consumer spending. Economists polled by Dow Jones expected a gain of 3.2%.

"Even a blind chicken finds a grain sometimes."

Or the doomsayers were intentionally misleading people because of their political obsessions.
Originally posted by Ulfrinn:
Originally posted by Mauserich:

"Even a blind chicken finds a grain sometimes."

Or the doomsayers were intentionally misleading people because of their political obsessions.

It's a question of how you do business. Not by putting social, environmental, and peace concerns on the back burner.
Originally posted by Mauserich:
Originally posted by Ulfrinn:

Or the doomsayers were intentionally misleading people because of their political obsessions.

It's a question of how you do business. Not by putting social, environmental, and peace concerns on the back burner.

Words, theories, accusations, and fear porn produced by the very same doomsayers.
At least 5% of that is just Nvidia. Because I'm pretty sure the rest of the economy shrunk.
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