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» The jobs report is so flawed and now these retards are gonna use it to tank econonmy
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post 1691222573 10-06-2023, 12:22 PM
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  1. TryingMen
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The jobs report is so flawed and now these retards are gonna use it to tank econonmy

You look at the numbers and 96k came from leisure and hospitality.... so basically a bunch of part-time, low wage jobs. Also education and health services accounted for another 70k.... again low wage.


Meanwhile professional and business services, which is basically anything worthy of an actual career, only added 21k


Unfortunately the Fed has complete retards running things though so they'll see the high numbers, panic, and continue to elevate rates even though wages really aren;'t increasing at all. In short, basically triggering a very likely severe recession coming on.


Hope you brahs have enough in your savings. 2024 (and probably 2025) is going to be a dark time.
post 1691223053 10-06-2023, 12:33 PM
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  1. Duckliver
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Originally Posted By TryingMen
You look at the numbers and 96k came from leisure and hospitality.... so basically a bunch of part-time, low wage jobs. Also education and health services accounted for another 70k.... again low wage.


Meanwhile professional and business services, which is basically anything worthy of an actual career, only added 21k


Unfortunately the Fed has complete retards running things though so they'll see the high numbers, panic, and continue to elevate rates even though wages really aren;'t increasing at all.In short, basically triggering a very likely severe recession coming on.


Hope you brahs have enough in your savings. 2024 (and probably 2025) is going to be a dark time.
Ignoring the part where you assumed the fed would panic from seeing high numbers (doesn’t even make sense that you are arguing they are inflating numbers to look high which is good then claiming they would panic because high)

Also ignoring the part where you assume rate increases would come because of jobs returning which is idiotic to assume they would continue correcting for inflation as the ship leveled versus easing back on their correction.

You really think the bolded that they actually have stupid people who don’t understand what they are doing, instead of just lying to you while they pursue a different agenda?
post 1691227683 10-06-2023, 02:13 PM
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Originally Posted By Duckliver
Ignoring the part where you assumed the fed would panic from seeing high numbers (doesn’t even make sense that you are arguing they are inflating numbers to look high which is good then claiming they would panic because high)

Also ignoring the part where you assume rate increases would come because of jobs returning which is idiotic to assume they would continue correcting for inflation as the ship leveled versus easing back on their correction.

You really think the bolded that they actually have stupid people who don’t understand what they are doing, instead of just lying to you while they pursue a different agenda?
Who said they're inflating numbers? Those are the numbers but you have to dig deeper to actually understand them. I see you're too low IQ for this discussion pls go
post 1691227873 10-06-2023, 02:17 PM
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  1. rectifryer
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we will see continued interest rates rising throughout the rest of Biden's presidency because they will never admit the economy is bad.
Boycott foodservice industry crew
post 1691228503 10-06-2023, 02:35 PM
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#5
  1. yewotm8
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Originally Posted By Duckliver
Ignoring the part where you assumed the fed would panic from seeing high numbers (doesn’t even make sense that you are arguing they are inflating numbers to look high which is good then claiming they would panic because high)

Also ignoring the part where you assume rate increases would come because of jobs returning which is idiotic to assume they would continue correcting for inflation as the ship leveled versus easing back on their correction.

You really think the bolded that they actually have stupid people who don’t understand what they are doing, instead of just lying to you while they pursue a different agenda?
Why not both?
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