impartialobserver

yes, I know.. the civilized world depends on this outcome. If he is acquitted.. we descend into Mad Max-esque lawlessness and chaos. If he is found guilty, we go back to leave it to beaver-esque utopia.

Oh.. another thread about Trump. Wow.. earth shaking news. Its only the 1378th one and 9 more coming tomorrow. Can't wait to read another one that says exactly the same as the other 1378 and gets the same responses from the same folks.. smh

When was the last stimulus checks sent out? All that is needed is for you to produce one exact date. No need for extra fluff such as opinions and such.

Fair enough. Still, it is up by 1.3 % when compared to 2023 q1. As for 2024 q2.. that comes out in mid July 2024 for the first estimate and Oct. 1 for the second estimate. It is an estimate after all. To have exact data.. transactional data for every firm would be quite the undertaking.

I would agree with that. Another Republican candidate other than Trump would defeat Biden with not much suspense. Biden as about as vanilla or moderate as they come.. hence his lack of appeal. He is the 20th repetition of the same show... predictable at every turn.

If Biden loses, yes there will be lots of conspiracy (another word for braindead) theories, whining, excuses, bit__ing, etc. but I can't see anything like Jan 6 happening in Washington DC. Its not a matter of moral superiority.. it is simply the nature of the clientele. I predict that Trump wins by a similar margin to that of 2016.

propaganda by its nature is not a reliable source of information.

Ad hominem attacks... you really show your lack of intelligence and character. Interesting how you dodge simple questions. If you were as smart as you think you are.. you could answer the question with zero hesitation. All lives matter..

the reason for black history was because their contributions/history were being deliberately misconstrued or omitted. That may have been true in 1920. Today, not quite. However, it is just a formality which one can take seriously or not. They did very little at my kids school on the topic. A few small worksheets and then on to other things such as reading, writing, math, science.

There is no law stating that they have to print/publish every story. They get to pick and choose what they write and you get to pick and choose what you read.

Do you know what REAL gdp is?

they can believe what they want but if GDP (real or nominal) goes down for 2 quarters.. then you have a recession. I can believe that the Dallas Mavericks did not win game 5 of the Western Conference Finals (NBA).. but just look at the score and one is greater than the other

Economists do not define a recession based on inflation alone... that is easily proven. Recessions are based on nominal or real gdp. It is the ups and down of nominal or real gdp. That is pretty much accepted fact. Now if you are going to argue if an economy is doing good/well/etc. (which are subjective terms) then feel free to go whatever direction you want. Besides the title of the thread is what? majority-of-americans-wrongly-believe-us-is-in-recession-–-and-most-blame-biden/

Hmm.. so the law is meaningless. Interesting perspective.

Real GDP is down... not according to numbers which are far more trustworthy than purely partisan/incredibly biased types like you. https://www.bea.gov/data/gdp/gross-domestic-product.. Real gross domestic product (GDP) increased at an annual rate of 1.3 percent in the first quarter of 2024, according to the "second" estimate. In the fourth quarter of 2023, real GDP increased 3.4 percent. The increase in the first quarter primarily reflected increases in consumer spending and housing investment that were partly offset by a decrease in inventory investment. Imports, which are a subtraction in the calculation of GDP, increased.

there is no law that explicitly prohibits a presidential candidate from being elected if they have been convicted of a felony. I do not like Trump at all but the law is clear. And it is also clear that his supporters do not care even one iota that he was convicted.

When I decide if the economy is doing well.. I look at data. Real GDP, Real Personal income, jobs (as measured by Qcew).... how does that make me a Biden Supporter?

I will admit that I am surprised at the outcome. Not sure what I actually expected but not this. As to how impactful this will be.. probably not nearly as impactful as some would like. He can still be elected even if with these convictions.

There are two ways to define a recession... quantitatively or qualitatively. I prefer the former and that is the point. The most commonly used definition is quantitative... two consecutive quarters of decreasing (month over month or year over year) real gdp. This is quantitative because of the "two consecutive" portion. Do you care to debate that? BTW, if we defined a recession based on inflation (month over month or year over year).. the US would be technically in a recession for most months since the early 80's. If you need proof download the data for CPI-U at (https://www.bls.gov/cpi/data.htm) and then choose one screen.

Even with Trump being convicted (barring it being overturned by appeal).. I still seeing him having a solid chance at winning. Do I want that? No. But my one vote is not going to change the outcome.

I prefer quantitative measures over qualitative (opinions). Quantitative do not rely on interpretation. 6-7 = -1 is a decline no matter how you feel about it. In your case.. you would simply use Real GDP.. problem solved. Real = adjusted for inflation. https://www.bea.gov/data/gdp/gross-domestic-product, click on tables only, in the downloaded excel item.. real GDP is in the second tab, Table 1

all you have to do is look here (https://www.bea.gov/data/gdp/gross-domestic-product). If the gdp on a year over basis declines for 3 consecutive quarters.. then you have a recession (as defined by most).

We have 24-hour alcohol sales in my neck of the woods. Does this result in proportionally more DUI's? yes. However, it is a bit of a cash cow due to the relatively high tax on alcohol sales in NV. This is one reason that the state can avoid having a state income tax.

Yes, high interest rates have contributed the real estate sector (naics 531) seeing declines in employment. However, past recessions have seen this and when interest rates go down (which they will).. employment recovers in most cases. the only exceptions are states that see declining population (Wyoming, West Virginia, and alabama) . no matter what they do with the downtown real estate (make it into housing, leave it empty, convert it it retail, restaurants, etc).. what matters is that the economic output is the same. Yes, if you work remote, live in the suburbs, you will not spend money on parking/parking tickets. However, they will still want restaurants, dry cleaning, etc. All this will do is change where they spend their money.

Ok. so lets focus on you. Are you more proud of your decisions, accomplishments, etc. or the fact that by random chance you are white? Again.. lets focus on you not strangers or people in the past. How are you proud of someone doing something and you having absolutely no involvement in it?