Business, Economics, and Taxes: Capitalism. Yay? >=(

[Handyman]

"How the Dow hitting its all-time high is bad news for Democrats."

I believe all the markets are surging which, funny, was the one thing these same media clowns (and average rubes as well) said was proof Donny was doing something right. Meanwhile they keep telling us things are awful, then wonder why everyone thinks things are awful!

It reminds me of a lot of the reporting during the Floyd protests. People heard about the real bad stuff that happened, none of the other stuff, and assumed everything was as bad as the worst things they saw on TV or Twitter. Every liberal city was on fire, every protest was a clash with cops, and every riot was Black people looting and destroying stuff en masse. The media then would keep covering only the worst of it (if it bleeds it leads afterall) and enflaming things ten times more and so no one knew who to trust. (even the citizen journalists were spreading just crazy BS propaganda) I will never forget having conversations with people trying to convince me that places I could see from my house were on fire or destroyed...or that riot cops were being deployed in places spitting distance from my friends houses because all hell was breaking loose and I would call my friends and they would send me pictures of their kids in the exact spots that were supposedly a post apocalyptical nightmare...and no one was around.

I get things are not all rosy...it is going to take me a while to catch up to where I was in 2019. Trump was a boon for a White Male Suburbanite like me. But if he was in office now I would be flat broke because the GOP response to the Pandemic would have cratered an already cratering economy. The reason our markets are strong, our inflation rate is lower than the rest of the western world and why unemployment is damned near non-existent (and wages are rising) is because the Dems decided to put the money back in the hands of the people and invest in Infrastructure. That is boring though...and won't keep things a horserace for 4 years so you gotta make sure to always find a way to report the negative aspect of it. And when that isn't working you hope for a conflict like Russia and Ukraine. And when that doesn't work you pray for something in the Middle East! Islamophobia and Antisemitism will keep those eyes glued to the screens and thinking the world is ending...

[French Rage]

https://www.wsj.com/economy/consumer...r-all-3f45c08a

The news is better, really, considering what has been happening with prices. Overall inflation is still with us, but in many retail categories—particularly ones that end up under the tree—prices have turned lower. Tuesday’s inflation report from the Labor Department showed that toy prices were down 2.8% from a year earlier in November, that sporting goods prices were down 1.8% and that prices for computers, smart home assistants and the like were down 4.6%. Gasoline prices have been falling, too, and leaving Americans with extra cash to spend elsewhere. Exclude gasoline stations, and Thursday’s report showed that retail sales were up 0.6%.

[Bronco]

https://apnews.com/article/sdg-impac...65d26dff9282e7

Finally someone thought of the billionaires.

[rufus]

Meanwhile, Donnie's talking about how Sleepy Joe's leading us into a recession, on the same day the Dow posts it's biggest gain.

[Kepler]

CNN, MSNBC, Faux, Politico, the NYT and WaPo will all get to it after they do another expose on the Ivy League schools and then talk about Hunter Biden's taxes...

"How the Dow hitting its all-time high is bad news for Democrats."

[Handyman]

CNN, MSNBC, Faux, Politico, the NYT and WaPo will all get to it after they do another expose on the Ivy League schools and then talk about Hunter Biden's taxes...

[ScoobyDoo]

https://www.threads.net/@bbkogan/pos...c4MTIwNjQ2YQ==

Thanks, Biden.

[Handyman]

https://www.threads.net/@bbkogan/pos...c4MTIwNjQ2YQ==

I’m not sure if it’s been posted on this site yet, but Treasury is out with G7 real wage growth analysis.
The US is leading the pack, because we responded robustly and appropriately to the pandemic.

And not only are we leading, we’re the *only* G7 country with meaningful growth. All other G7 countries have seen stagnation or decline in real wages.

[dxmnkd316]

So apparently this vacation/PTO thing at work is a misunderstanding. Potentially. HR helpline said it was a change in how we accrues and what we had available at the beginning of the year. So apparently we still have sick time.

it was just unimaginably poor worded.

[aparch]

About farking time the NHTSA finally got off their *ss.

[Kepler]

Q: Which Tesla years and models are included in today's recall?

A: Yes.

[Slap Shot]

Is the F-150 recovery truck included in the Founder's edition?"

https://www.threads.net/@hoon_kim/po...IwNjQ2YQ%3D%3D

[dxmnkd316]

Jesus Christ. This thing is so ****ing useless.

[FadeToBlack&Gold]

https://www.threads.net/@hoon_kim/po...c4MTIwNjQ2YQ==

That is just sad!

Ford should make that an F-150 ad. ;-)

[ScoobyDoo]

https://www.threads.net/@hoon_kim/po...c4MTIwNjQ2YQ==

That is just sad!

Yeah, not surprised. At all.