Now compare the 2018 numbers.
Fvcking dare you.
I'll save you the trouble...overstated by 1/2 million.
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Now compare the 2018 numbers.
Now compare the 2018 numbers.
Fvcking dare you.
I'll dave you the trouble...overstayed by 1/2 million.
TrueTotal revisions for 2023 with one month still to go is -439,000. Not much difference.
Yet, In 2018 you screamed foul every single report. In 2023, not a peep. Wonder why that is. Actually, no, I don’t. It is also rather comical listening to you call out the radical right and their hopes for a faltering economy when the radical left, with you being one of the loudest on this board, doing exactly the same thing in 2017, 2018 and 2019.
Know what I despise more than partisan hacks? Hypocritical partisan hacks, which you lead the way.
Ummmm.... it's obvious that you don't want to answer that question because it destroys your argument.If it is so obvious, why?
Wait - are you now trying to say the jobs reports in 2023 have not been very good?Total revisions for 2023 with one month still to go is -439,000. Not much difference.
Yet, In 2018 you screamed foul every single report. In 2023, not a peep. Wonder why that is. Actually, no, I don’t. It is also rather comical listening to you call out the radical right and their hopes for a faltering economy when the radical left, with you being one of the loudest on this board, doing exactly the same thing in 2017, 2018 and 2019.
Know what I despise more than partisan hacks? Hypocritical partisan hacks, which you lead the way.
Your panties are twisted because the job market is so good.True
Ummmm.... it's obvious that you don't want to answer that question because it destroys your argument.
Why you're asking is obvious as well.
Wait - are you now trying to say the jobs reports in 2023 have not been very good?
LOL - it's relevant because you are touting the predictions of the same "experts" who have been predicting a recession for months. The point being it's easy to throw out predictions - it doesn't mean they have merit.Wtf are you even talking about? You are creating an argument when there isn’t even one there.
I didn’t answer your question cause it was completely irrelevant to the conversation.
You are seemingly doubting the 2023 jobs reports because of revisions. Just trying to determine your position on how it rates overall. Thus, the question.No. I never said that. Do you suffer from a lack of reading comprehension?
I know this wasn't addressed to me, but I never question unemployment numbers, GDP growth, or jobs numbers regardless of who is President. Overall, the US does pretty good with that sort of data.Total revisions for 2023 with one month still to go is -439,000. Not much difference.
Yet, In 2018 you screamed foul every single report. In 2023, not a peep. Wonder why that is. Actually, no, I don’t. It is also rather comical listening to you call out the radical right and their hopes for a faltering economy when the radical left, with you being one of the loudest on this board, doing exactly the same thing in 2017, 2018 and 2019.
Know what I despise more than partisan hacks? Hypocritical partisan hacks, which you lead the way.
LOL - it's relevant because you are touting the predictions of the same "experts" who have been predicting a recession for months. The point being it's easy to throw out predictions - it doesn't mean they have merit.
You are seemingly doubting the 2023 jobs reports because of revisions. Just trying to determine your position on how it rates overall. Thus, the question.
What in the actual **** are you talking about? You are really confused. Where in the world did I ever “tout“ the so called “experts”? If anything, I am calling them out as I CLEARLY said they were wrong and I disagreed with them.
Also. If you have followed any of these threads over the last 2 years, you would know I have called out those “experts” more times than not as I have been one of the more optimistic ones on this board regarding the economy.
Again. What are you even trying to argue with me.?
This is mostly true. Rate cuts coming in march was a pipe dream before this report. Rate cuts aren’t happening anytime soon. If at all this year.
Why would they? The economy is doing well as it is.
Seemed to me you were siding with the "experts" in this exchange. If I misinterpreted, I apologize.Ask the “experts” that are forecasting it.
I know this wasn't addressed to me, but I never question unemployment numbers, GDP growth, or jobs numbers regardless of who is President. Overall, the US does pretty good with that sort of data.
Seemed to me you were siding with the "experts" in this exchange. If I misinterpreted, I apologize.
GFY. I showed you exactly why. You asked where you touted the "experts" and I showed you.‘How in the hell can you read my first post you quoted and even remotely come away with this? I confirm all I need regarding you. ****ing moron.
I'm glad everyone took their victory laps and declared inflation defeated.I've had to say this in so many threads:
Inflation is not down. It's just not going up as fast as it was. It is still anywhere from 1.5 to 2x the Fed's target.
The Fed is fighting reckless spending in Congress, and it's not going well. What are people going to say when inflation starts to reaccelerate like it has in Europe?
This jobs report is not good if you're one of the people praying for rate cuts. They aren't coming despite what the media is telling you.
It was an easy prediction for Biohawk because Biohawk knows the headlines are misleading, and knows the sheep won't look under the covers.Nailed it @BioHawk !!
New YorkCNN —CPI came in this morning. Don't look now, bit inflation is going back up or staying the exact same. Who could have predicted this? Surely those rate cuts are coming any day now.
It was an easy prediction for Biohawk because Biohawk knows the headlines are misleading, and knows the sheep won't look under the covers.
I can handle those numbers for one month, and we will see how Jan flows.New YorkCNN —
US consumer prices rose 3.4% annually to close out 2023, capping a year of substantial progress on efforts to rein in decades-high inflation.
The Consumer Price Index, a closely watched inflation gauge that measures the average price changes for commonly purchased goods and services, rose 0.3% in December from the month before, matching expectations, according to Bureau of Labor Statistics data released Thursday.
The monthly and annual numbers for December were higher than those seen in November, when tumbling gas prices drove the overall index lower. In December, gas prices stayed mostly in neutral, rising 0.2%, while rising shelter costs accounted for more than half of the monthly all-items increase, according to the BLS report.
Economists were expecting the annual overall inflation rate to tick higher, to 3.2% from the 3.1% headline reading the month before, according to FactSet consensus estimates.
Despite the upswing, the annual rate of consumer-level inflation is down considerably from December 2022’s rate of 6.5%; additionally, a closely watched measure of underlying inflation slowed further.
https://www.cnn.com/2024/01/11/economy/cpi-inflation-december/index.html
Probably just a coincidence.Downward revision of 71,000 jobs in October and November, marking the 10th time in the past 11 months that job creation has been revised downward.