ST Alpha - "Recession? What recession? -- (link)" (Reading a Post)

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Recession? What recession? -- (link)

Posted by znufrii 🦄 (aka znufrii) Aug 16 '23, 09:45

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https://www.reuters.com/markets/us/with-gallic-shrug-fed-bids-adieu-recession-that-wasnt-2023-08-16/ (www.reuters.com)

Responses:

Biden, or if you prefer his team, have done a great job navigating the last 3 years of turmoil -- nm - rollo 🐙 Aug 16, 10:21 10
- the comms team, not so much -- nm - hollywood big shot Aug 16, 10:24 9
  - I really think a lot of this goes to something that I haven't been able to really understand for the last 2 decades. Republicans always seem to be the - pmb Aug 16, 11:29 3
    - they still haven't learned the biggest lesson of 2016. flood the zone with your own shit. Fetterman's social media team seems to be the only ones who - hollywood big shot Aug 16, 11:45 1
      - like that video of Oz buying kale salad or whatever was several years old. didn't matter once Fetterman made it go viral when he wanted it to go viral - hollywood big shot Aug 16, 11:47
    - The Republican media machine has perfected the political confirmation bias feedback loop. - znufrii 🦄 Aug 16, 11:40
  - Part of the problem is that people expect prices to return to pre-pandemic levels. That isn't going to happen. - Fuzzy Aug 16, 10:36 4
    - It's most obvious to me at the fast food checkout. Those $7 combos became $10 really quickly. -- nm - Bari Seldon Aug 16, 10:41 2
      - the fact that people haven't apparently stopped buying them, and are actually buying even more, belies the expressed consumer sentiment -- nm - hollywood big shot Aug 16, 10:44 1
        
        When you gotta have a McRib.... -- nm - Bari Seldon Aug 16, 10:46
    - if the previous administration had these kind of economic numbers after COVID, you'd think it was the Second Coming - hollywood big shot Aug 16, 10:39
Biden Loses Support Among Those Who Wanted Recession -- nm - NYT Pitch Bot Aug 16, 10:09
“Blame it on economic theory not matching reality, groupthink among forecasters or political partisanship by opponents of the Biden administration” -- (edited) - hollywood big shot Aug 16, 09:54

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