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[Pain] HUGE, self-inflicted Recession incoming due to Trump/Musk

Discussion in 'BBS Hangout: Debate & Discussion' started by SamFisher, Feb 18, 2025.

  1. adoo

    adoo Member

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    [​IMG]

    Because October data was missing, monthly changes in inflation could not be calculated for the majority of the categories that make up the CPI.

    “That was one flawed report,” Joe Brusuelas, said RSM US’ chief economist, noting that the underlying data was not well aligned with
    the top line. “Due to the government shutdown, the BLS did not have the resources or the time to conduct a complete report.”

    For example, Brusuelas said that price changes for rents and owners’ equivalent rent (an estimation of the rental value of owner-occupied homes) were in the vicinity of zero during the month.

    “That just doesn’t look or feel right,” he said. “That just doesn’t pass the smell test.”

    The economist quipped: “Take the Nov CPI 2025 CPI report with the entire salt shaker.”
     
    #2021 adoo, Dec 18, 2025
    Last edited: Dec 18, 2025
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  2. adoo

    adoo Member

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    Trust these numbers?
    Economists see a lot of flaws in delayed CPI report showing downward inflation



    The November data release Thursday was delayed by 8 days because of the U.S. government shutdown,
    but more importantly, the October data was canceled, leaving it to the BLS to make certain
    methodological assumptions about the prior month’s inflation levels.


     
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  3. TheRealist137

    TheRealist137 Member

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    It's a sham report, but lapdogs like Traitor Gorge believe it.
     
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  4. El_Conquistador

    El_Conquistador King of the D&D, The Legend, #1 Ranking

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    Trump has been very effective in reducing the inflation rate. Sorry libs!




    GOOD DAY
     
    #2024 El_Conquistador, Dec 18, 2025
    Last edited: Dec 18, 2025
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  5. El_Conquistador

    El_Conquistador King of the D&D, The Legend, #1 Ranking

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    Equity investors believed the numbers -- market was up big. Obama was the first to start cooking the books on employment figures. Trump has restored integrity to the process. Sorry, were you hoping for higher inflation? I'm rooting for prosperity for the American people. And Trump is delivering.



    GOOD DAY
     
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  6. Sajan

    Sajan Member

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    As former Fed economist and UBS investment banker Alan Detmeister summed it up: “I think you largely just put this one to the side.” Some of the biggest red flags:

    • November prices weren’t collected until the end of the month, meaning the information was likely heavily influenced by holiday discounts.
    • Multiple economists raised their eyebrows at the shelter categories (which make up roughly 35% of CPI) being logged as nearly flat over the last two months. Detmeister noted that it appears the BLS set October’s change to zero, which would artificially lower the inflation reading.
     
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  7. deb4rockets

    deb4rockets Member

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    Arc de Trump” is that narcissist's top domestic priority.

    Let there be statues, buildings, coins, and gold cards with my name on them. I'm the best! The greatest! I'm doing it all for you.

    Like I said, he wants everything with his name on it, and the bigger and grander the better. That's his focus. Everything named for him.
     
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  8. B-Bob

    B-Bob "94-year-old self-described dreamer"

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    Maybe the number's cooked a bit, maybe not. While I hope it's true, it doesn't really match one's experience at the grocery store these days.

    At any rate, good to look at several years of context. DT returned to his throne in late January of this year.
    [​IMG]
     
  9. adoo

    adoo Member

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    only to be contradicted / discredited by Trump 2.0's release (5 days later) of Q3 GDP


    this GDP disconnect also contradicts / discredits the CPI report that was released 5 days ago.
    • the CPI report---using some convenient assumptions--concluded that, on a y-o-y basis,
      • inflation did not increase
    • the GDP report shows that, in Q3, despite a 4% increase in GDP, disposable income was flat, providing
      • more evidence of inflation continuing to be eating away at Americans' wages
     
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  10. El_Conquistador

    El_Conquistador King of the D&D, The Legend, #1 Ranking

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    Simple, and it tells the story.




    GOOD DAY
     
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  11. adoo

    adoo Member

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    Traitor George doesn't understand this simple divergence; it is above his head

     
    #2031 adoo, Dec 24, 2025
    Last edited: Dec 24, 2025
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  12. peleincubus

    peleincubus Member

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    I agree
     
  13. No Worries

    No Worries Member

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  14. raining threes

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    They got this one wrong.
     
  15. rimrocker

    rimrocker Member

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    Someone did an analysis and determined this is where ChatGPT goes for info. Is it really worth the higher electricity bills and the water suck and the land use to regurgitate Wikipedia and Reddit? Yeah, this is a bubble.

    [​IMG]
     
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  16. raining threes

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    As long as things he's doing is helping the economy or American Citizens I've got no problem giving him naming rights.
     
  17. raining threes

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    Yep, and some can't come to grips with this fact.
     
  18. deb4rockets

    deb4rockets Member

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    Why do you even respond to my Trump posts? I know how you feel. You have no problem with anything he does. Same ole song and dance with everything. Everything he does, regardless of what it is will always get your seal of approval.
     
  19. raining threes

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    Why do you post what you post? We all know how you feel.

    What's wrong with what I posted. Helping the American people should be job 1 and nobody should have issues with people getting credit, or having things named after people who are helping others. BTW, there's things I disagree with Trump on, one example is Trump's wanting to do away with the filibuster. That's very shortsighted IMHO.
     
  20. No Worries

    No Worries Member

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    Normally, president names gets slapped onto things after they have retired from public life or died. Trump's Ego is not that patient.
     

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