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‎12-14-2023 06:58 PM
@Mersha wrote:Not to mention the US Economy added 336,000 jobs in November, almost twice the amount expected.
Last time I filled up with gas the price was 2.89/gal. in Maryland.
Win/win all around.
@Mersha 336,000 was in September.
November came in at 199,000. The net gain is estimated to be lower at 160,000 due to one time gains such as striking manufacturing employees and striking members of the writer's guild returning to work.
‎12-14-2023 07:01 PM
I stand corrected for listing the incorrect month.
November has indeed been changed to September.
‎12-14-2023 07:10 PM - edited ‎12-14-2023 07:10 PM
@chessylady wrote:People who own stocks or who have stocks in their pension have a reason to be happy today since stocks hit a record high. Inflation is down and Christmas shopping is vigorous this year. Unemployment is down. You can't argue with success.
@chessylady The rate of inflation rising is down but inflation itself is not. Prices are still higher than last year and the year before.
‎12-14-2023 09:21 PM
@haddon9 wrote:
@chessylady wrote:People who own stocks or who have stocks in their pension have a reason to be happy today since stocks hit a record high. Inflation is down and Christmas shopping is vigorous this year. Unemployment is down. You can't argue with success.
@chessylady The rate of inflation rising is down but inflation itself is not. Prices are still higher than last year and the year before.
@haddon9 , Prices are high because of corporate greed, many companies have been in the news lately for inflating their prices for food and other essentials.
Just a week or two ago the two largest supplier of eggs in the country have listed record profits because of the above practice.
‎12-14-2023 10:00 PM
Good news.
‎12-15-2023 03:10 AM
‎12-15-2023 05:09 AM - edited ‎12-15-2023 05:09 AM
" US inflation has had a snowballing effect on family budgets.
The typical American household spent $709 more in July than they did two years ago to buy the same goods and services, according to Moody’s Analytics. "
‎12-15-2023 05:13 AM
" According to a Bloomberg analysis, the average middle-class household has lost over $33,000 in real wealth in just the past year. "
‎12-15-2023 05:37 AM
There is absolutely good about todays economy. Nothing to be happy about. We are all in a sinking ship. Face reality.
‎12-15-2023 07:14 AM
@ID2 wrote:There is absolutely good about todays economy. Nothing to be happy about. We are all in a sinking ship. Face reality.
That's your reality, because you want it to be for obvious reasons.
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