U.S. grew 2.9% in third quarter, GDP shows, and there’s little sign of recession for now

More factual than CNN/MSNBC and 90% of all Democrats in office. lol

 

Claim; LPR has been going down since the 1960’s

You are digging your own grave…..

1960 LPR; 59.1%

1970 LPR; 60.4%

1980 LPR; 63.7%

1990 LPR; 66.4%

2000 LPR; 66.9%

2010 LPR; 64.9%

2020 LPR; 60.2%

Nov 2022 LPR; 62.1%

Google U.S. Labor Force Participation Rate By Year

__________

 

Truly a shame watching this country post covid, we're losing a lot of production and future production. This administration literally is doing nothing to address, which seems dangerous to rely on china these days. They are no longer the asian country that can't compete militarily.

 

The people digging their own grave are the ones that believe the government and the data it spews to the sheep

 

Your graph shows a significant re-bound post Covid.

What else can we do? Expand H1B, and other foreign worker programs?

Lot of people took early retirement, and there is nothing wrong with it, and not a whole lot anyone can do about it.

 

whatever helps you sleep at night

 

DNC's "the great reset" only problem is we Americans get to sux the hind teat!

 

LMAO, rebound to a lesser low than high we had before the scamdemic... But hey lets all celebrate the "New Norm" right!

 

Here’s a well-known problem;

Compared to other G20 nations, the U.S. has a low FEMALE LPR, and the main reason why; Childcare affordability.

For example; Canada has a universal $10-a-day childcare program, thus, said highly subsidized government program provides parents affordability to go back to work.


U.S. Female LPR; 57%
Canada Female LPR; 61%
a differential of 4%

Both Male and Female

U.S…….62.8%
Canada……64.8%
a differential of 2%

Source; Trading Economics

 

I believe that, because I have known some new mothers along the way who gave up their jobs because they said practically all their net pay went into paying for child care, so it didn't make any sense.

 

According to BLS; LFPR represents the number of people in the labor force as a percentage of the civilian noninstitutional population. In other words, the participation rate is the percentage of the CNP that is either working or actively looking for work.

AND the rarely spoken about EMPLOYMENT RATE is the percentage of the CNP that is working, and those who are looking for work certainly do not pay the bills.

Trumper’s most important labor market indicator; The unemployment rate, thus, the number of people actively looking for work.

The above average intelligent people most important labor market indicators; LFPR and the Employment Rate.

PSST; Let’s discuss Trump’s highest Employment Rate, thus, Trump’s 61% versus Clinton’s 64.6%, and Bush’s 63.3%

 

It's a hard fact that whenever 'the interest rate on 3-month Treasury bills was much higher than the yield on 10-year Treasury bonds for over a month, that was always (yes, always) followed by a recession, usually within 6-12 months' no matter who tells it to you. The woke cult thing that you cannot believe an obvious truth unless a cult leader tells it to you is really weird. You are a free person, measure the claim against evidence, you don't have to measure it against the received narrative, that's just disturbing.

Why is the Fed Further Inverting the Yield Curve? “Whenever the interest rate on 3-month Treasury bills was much higher than the yield on 10-year Treasury bonds for over a month, that was always (yes, always) followed by a recession, usually within 6-12 months. Some may say that’s a coincidence or offer a reason ‘it’s different this time.’ But it is rarely wise to bet against a sure thing. “

 

Again, you quote another right wing source:

American Institute for Economic Research:

 

TOS requires that I accurately source quotes. Are you demanding that I violate TOS?

 

Yes, it is good news. I think we had a minor short term recession in the first half of the year. It was minor and short term because unemployment is so low. I think the economy is recovering for now. My business was devastated in 2021 and the first half of the year. The problem was product shortages. I see the supply side improving a bit now.

The major problem for the near future is the damage done to the economy by the FED raising interest rates so far and so fast. That causes a reduction in demand and that is not good for the economy. They should have just waited until the supply side of the economy caught up. We haven't seen all the effects of that yet. Fingers are crossed that the low unemployment will allow us to survive that without a bigger, longer recession. Best of luck from Chicken Little.

 

They could have passed the measures Bush wanted and was done in 2001 which helped to mitigate the depth and length of that one which started within weeks of his taking office, so do you blame Clinton, and got us into a full recession. TARP was done and the financial crisis averted all they had to do was pass pro-growth measures and cut some regulations and not make employment more expensive and unemployment livable. They could do the same now but as in 2007 they are hellbent on just the opposite.

 

Yes Trump has us in a COVID recovery and Biden and the Dems have blown it.

 

So you can't refute it.

Bidenflation came in at 7.1% that's over 13.8% during Biden's term so far and he and the Dems are doing nothing to bring it down and in fact want to pass measures that will only exacerbate it. We don't get that back else there is deflation. So how long is it going to take the average working stiff to catch back up after Bidenflation. The FED is going to have to raise rates higher that that if going to feed another recession.

 

2022 - Real GDP growth was less than 1% and the midline of the Blue Chip Estimate for Q1 is a half percent.

Yesterday, the 16th biggest bank in the US, failed in 24 hours, the biggest bank failure since the GFC. Regulators Shut Down Major Tech Bank After Run On Savings.



Biden's wild spending is forcing the Fed to raise interest rates.
Raising interest rates reduces the value of bond holdings.

'SVB suffered heavy losses from the liquidation of a $21 billion bond portfolio, raising concerns among venture capital firms and startups with ties to the company about the safety of their assets. SVB, the 16th largest bank in the United States and the largest in Silicon Valley.'

 

GRADUALLY, THEN SUDDENLY: The Biden Economy Is Falling Apart, Everything, Everywhere, All at Once.

In 2022 the Biden/Dem economy grew less than 1%.

Midline of the blue chip consensus is at about a 1/2% for current quarter.

'The Biden Economy — hailed Monday morning by Presidentish Joe Biden as “strong” — seems like it’s falling apart, everything, everywhere all at once. NYSE halted trading of Charles Schwab, whose shares fell by more than 20%, and even a few Etsy sellers have been impacted by the fallout of Silicon Valley Bank’s (SVB) collapse.'



'Overall, trading of shares in over 30 banks was halted on Wall Street Monday morning, as the entire sector suddenly looks like a risk investors aren’t willing to take. Almost everything banking was down, down, down in pre-market trades, which MarketWatch described as “panic-like activity.”'

'“Among some of those that have already been halted at least twice,” MarketWatch reported, “shares of Western Alliance Bancorp WAL, -51.05% plummeted 78.2%, Regions Financial Corp. RF, -5.33% sank 15.6%, First Republic Bank FRC, -64.05% plunged 65.5%, Comerica Inc. CMA, -21.24% tumbled 39.4% and PacWest Bancorp. PACW, -25.18% took a 47.7% dive.”'

'Signature Bank, “a key financial institution for the cryptocurrency industry,” according to the New York Post, was shut down on Sunday over “similar systemic risk” to SVB.'

A bank failure on Friday, and another on Monday. What will happen tomorrow?

'SVB and Signature are the second- and third-largest bank failures in U.S. history, respectively, with combined assets in excess of $300 billion. Depositors will be made whole, even deposits greater than the $250,000 covered by FDIC insurance. “Federal Reserve also said it is creating a new Bank Term Funding Program aimed at safeguarding institutions affected by the market instability of the SVB failure,” according to CNBC.'

Dems/Biden there for the fat cats.

PARTY OF CENSORSHIP: Senator Mark Kelly (D-AZ) Called For Social Media Censorship To Prevent Bank Runs.

— 'In December, the Federal Trade Commission demanded that Twitter owner Elon Musk “IDENTIFY ALL JOURNALISTS” who had access to the Twitter Files showing government agents demanding censorship';

SOME

— 'Last Wednesday, Senate President Chuck Schumer (D-NY) demanded that Fox News owner Rupert Murdoch stop reporting on video footage of January 6;'

DEMS

— 'Last Thursday, Congressional Democrats demanded that journalist Matt Taibbi reveal his sources to them;'

AT

— 'And now, Democrats are opposing the “Protecting Speech from Government Interference Act,” which was introduced last Thursday by Republican House Oversight Committee chairman James Comer, which prevents government employees from “using their official authority to influence . . . a third party . . . to censor speech.”'

WAR

'Why is that? Why are Democrats suddenly at war with the First Amendment? What exactly is going on?'

WITH THE FIRST AMENDMENT

FREEDOM PREVENTS TOTALITARIANISM, SO TOTALITARIANS DESPISE FREEDOM