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Joe Biden Praises Trump & VP Pence
Joe Biden Praises Trump :thumbsup
Joe Biden Praises Pence :thumbsup All in the same day :1orglaugh:1orglaugh |
5:08 AM in Moscow, onehunglow is at work early today..
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at least at the very moment he was saying those things, we can presume he wasn't groping women and children.
I mean.... damn. https://www.google.com/search?q=bide...ih=530#imgrc=_ |
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Biden's creep game is on another level :1orglaugh |
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Economists are saying this is a big red flag for the failing economy getting worse. We have over 1,000,000 more people 3 months behind now than we did back in 2010. I think trump was right when he said the jobs report can be faked something here clearly isn't right what do you think? A record 7 million Americans are 3 months behind on their car payments, a red flag for the economy A record 7 million Americans are 90 days or more behind on their auto loan payments, the Federal Reserve Bank of New York reported Tuesday, even more than during the wake of the financial crisis.Economists warn that this is a red flag. Despite the strong economy and low unemployment rate, many Americans are struggling to pay their bills. “The substantial and growing number of distressed borrowers suggests that not all Americans have benefited from the strong labor market,” economists at the New York Fed wrote in a blog post. A car loan is typically the first payment people make because a vehicle is critical to getting to work, and someone can live in a car if all else fails. When car loan delinquencies rise, it is usually a sign of significant duress among low-income and working-class Americans. The New York Fed said that there were over a million more “troubled borrowers” at the end of 2018 than there were in 2010, when unemployment hit 10 percent and the auto loan delinquency rate peaked. Today, unemployment is 4 percent and job openings are at an all-time high, yet a significant number of people cannot pay their car loan. |
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^^Full blown meltdown mode. Can't handle record breaking economic numbers under Trump. |
March 2019, Dept of Labor.
Facts. https://pbs.twimg.com/media/D1JPPSAXgAAdyyQ.jpg https://pbs.twimg.com/media/D1JMY7QW0AAfGYg.jpg https://pbs.twimg.com/media/D1JKkEBX0AI6VzT.jpg |
Trump supporters will say this is a good thing.
180,000 jobs expected last month but only 20,000 created Fastest deficit growth in history Q4 2018 -$3.7 trillion largest drop in household wealth since 2009 2018 was the worst year for stocks since 2009 The DOW and S&P500 had their worse December since 1931. Largest deficit in history December's NASDAQ was the worst in it's history Record number of farmers going bankrupt Record 7,000,000 people 90 days or more behind on car payments We have a RECORD trade deficit with China despite the tarrifs. US households see biggest decline in net worth since the financial crisis Americans' net worth fell at the highest level since the financial crisis in the fourth quarter of 2018 as sliding stock market prices ate into the household balance sheet. Net worth dropped to $104.3 trillion as the year came to an end, a decrease of $3.73 trillion from the third quarter, according to figures released Thursday by the Federal Reserve. The fall amounted to a drop of 3.4 percent. Much of the slide came due to Wall Street's woes, as the stock market suffered a precipitous decline that started in October and briefly reached bear market status. Equities skidded as investors began to fear that the Fed would keep raising interest rates even as economic conditions began to deteriorate. By the time the market drop ended in late December, households saw $4.6 trillion worth of equity value deteriorate. The decline was offset somewhat by a $300 billion increase in real estate value. The overall move was the second-highest quarterly dollar drop since the Fed began tracking the statistic. Overall, financial assets totaled just more than $85 trillion at the end of the year, while real estate value was $29.2 trillion. Household net worth has been rising strongly since the crisis and is up 73 percent since 2009. After suffering their worst Christmas Eve in history, stocks staged a turnaround and ultimately saw their best two-month start to a year since at least 1991. The Dow Jones Industrial Average is off about 1.6 percent in March though still up more than 9 percent year to date. The fall in net worth came during a quarter when GDP rose 2.6 percent, according to a first estimate. That was part of a year that saw growth near 3 percent despite a lackluster period for financial markets. Economists largely expect 2019 to start with little growth in the economy, as the Atlanta Fed sees GDP up just 0.5 percent. |
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