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Re: "With a stroke of a keyboard, GDP has been revised UP by..."
Everyone I know in US retail has seen a sharp decline the last three months. The only period worse was COVID lockdowns.
Uncertainty has people being much more careful about their purchases.
Hope for a good holiday season after the US election is settled one way or another.
Oct 03 · 2 months ago
👻 darkghost · Oct 04 at 22:58:
Jobs market doesn't seem to be freezing given the report today, and certainly in my neck of the woods we have a lot of attrition. This is in a STEM field and the people who've left had senior titles. Certainly the company culture is partly to blame for what's driving people away, but the point I'm making is these are professionals that have some other places to go.
🚀 stack [OP] · Oct 04 at 23:15:
According to today's report, things have never been better! How convenient, just before the elections. It's amazing what you can do with a magic inflation wand. When money is cut in half and prices and earnings double, it sure looks like the economy is twice what it was! Abracadabra!
Woo-hoo, everything is going up.
And you can always revise it next year. I wish I could run a business that way. Listening to Yellen makes me vomit every time.
With a stroke of a keyboard, GDP has been revised UP by trillions or so, erasing a recession, and making the economy look far better for incumbent party in the election. This move is worthy of the Soviet Union! God help us. I don't like the alternatives, but at this point the Central Committee presents a clear danger. Most people worry about other things, but I worry about ra 'financial accident' that will take us back to stone age. That, and killing people. Not clear which fascist...