Biden's Economy?

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Icarus
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Re: Biden's Economy?

Post by Icarus »

Cultellus wrote:
Wed Aug 04, 2021 7:51 pm
Icarus wrote:
Wed Aug 04, 2021 7:43 pm



Did you even take economics in college?

Forecasts aren't synonymous with "what it's supposed to be." They're just forecasts, and they're wrong more often than not, and they're adjusted up or down usually a month later.
You are a hysterical.

You must have taken apologetics in college and in seminary. You have this down. Congratulations and thanks for the laugh. Holy crap that was awesome.
You're the idiot trying to cheerlead for an avowed Nazi and neither of you understand the insignificance of "forecasts."
Icarus
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Re: Biden's Economy?

Post by Icarus »

Doctor Steuss wrote:
Wed Aug 04, 2021 6:51 pm
Cultellus wrote:
Wed Aug 04, 2021 6:48 pm
Sheet metal and iron too.
So even the basic raw materials are tough to wrangle right now? This isn't stuff that we rely on imports for either.

Wowza.
COVID threw everyone off their game in terms of supply and demand. The economy will get back to where it needs to be and it is already going in the right direction. Forecasts about a faster recovery didn't/couldn't account for the idiocy of much of the country and their unwillingness to vaccinate, but 330,000 jobs in one month is nothing to sneeze at.

The #1 reason workers are refusing to go back to work because they want COVID to be completely over with. https://www.marketwatch.com/story/this- ... cle_inline
Last edited by Icarus on Wed Aug 04, 2021 8:11 pm, edited 2 times in total.
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Doctor Steuss
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Re: Biden's Economy?

Post by Doctor Steuss »

Icarus wrote:
Wed Aug 04, 2021 8:06 pm
Forecasts [...]
I was just reminded of a fun JK Galbraith quote, that Powell epically repeated last year at a “Fed Listens” event:

“Economic forecasting exists to make astrology look respectable.”
Icarus
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Re: Biden's Economy?

Post by Icarus »

Doctor Steuss wrote:
Wed Aug 04, 2021 8:10 pm
Icarus wrote:
Wed Aug 04, 2021 8:06 pm
Forecasts [...]
I was just reminded of a fun JK Galbraith quote, that Powell epically repeated last year at a “Fed Listens” event:

“Economic forecasting exists to make astrology look respectable.”
That's so good.
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Doctor CamNC4Me
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Re: Biden's Economy?

Post by Doctor CamNC4Me »

Icarus wrote:
Wed Aug 04, 2021 8:02 pm
… the insignificance of "forecasts."
I take it you don’t dabble in the futures market much.

- Doc
Hugh Nibley claimed he bumped into Adolf Hitler, Albert Einstein, Winston Churchill, Gertrude Stein, and the Grand Duke Vladimir Romanoff. Dishonesty is baked into Mormonism.
Icarus
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Re: Biden's Economy?

Post by Icarus »

Careful now. You may burst your fallopian tube.
Last edited by Icarus on Wed Aug 04, 2021 9:00 pm, edited 1 time in total.
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ceeboo
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Re: Biden's Economy?

Post by ceeboo »

Edited: Learned the difference between iron and iron ore. :lol:
Last edited by ceeboo on Wed Aug 04, 2021 9:16 pm, edited 1 time in total.
Icarus
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Re: Biden's Economy?

Post by Icarus »

Doctor CamNC4Me wrote:
Wed Aug 04, 2021 8:11 pm
Icarus wrote:
Wed Aug 04, 2021 8:02 pm
… the insignificance of "forecasts."
I take it you don’t dabble in the futures market much.

- Doc
Why do you ask? Futures aren't really predictions, they're more like bets.
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Doctor CamNC4Me
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Re: Biden's Economy?

Post by Doctor CamNC4Me »

Icarus wrote:
Wed Aug 04, 2021 9:02 pm
Doctor CamNC4Me wrote:
Wed Aug 04, 2021 8:11 pm


I take it you don’t dabble in the futures market much.

- Doc
Why do you ask? Futures aren't really predictions, they're more like bets.
Sigh … why are you like this?

Anyway. Have at the cultist. He’s in dire need of attention.

- Doc
Hugh Nibley claimed he bumped into Adolf Hitler, Albert Einstein, Winston Churchill, Gertrude Stein, and the Grand Duke Vladimir Romanoff. Dishonesty is baked into Mormonism.
Icarus
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Re: Biden's Economy?

Post by Icarus »

Cultellus wrote:
Wed Aug 04, 2021 9:01 pm
Icarus wrote:
Wed Aug 04, 2021 8:59 pm
Careful now. You may burst your filiopian tube.
Actually, I won't. And I also will not use a misspelled reference to women as a pejorative. But you will, because you are a piece of damned crap.
Yeah, voice recognition sucks sometime. Good thing I picked up on it and corrected it before you whined about it.
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