Expect to see constant headlines throughout 2024 leading up to the election about the economy "heading in the right direction" and "surpassing expectations", as the media tries to gaslight everyone that they aren't actually paying 50% more for groceries, gas, rent, etc.

US added 216,000 jobs in December, blowing past expectations | The Hill

Headlines like these will be all 95% of the voting public sees. They won't bother to read several parargraphs in where you find the real info:

Quote:

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Even so, there were significant downward revisions of past jobs gains. November's initially reported gain of 150,000 was revised down to 105,000, and an October gain of 199,000 jobs was revised down to 173,000.

"Overall, solid headline numbers, but some of the dynamics under the hood are more worrying," Martha Gimbel, a research scholar at Yale Law School who recently left the White House Council of Economic Advisers, wrote on X, the platform formerly known as Twitter. She pointed to the downward revisions as part of this.

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All part of a coordinated effort by the media to prop up Biden (or whomever the D candidate will be).

msm will say 247 all economic indicators show a strong economy blah blah blah

the leftist gaslighting will be intense this year

There are posters on this very board who are perpetuating the administration and media narrative about the economy 'trending up' since last year. Yet they can't seem to find any real examples of economic improvement. They just echo the talking points that are told to them.

I would hope a lot of working voters who continue seeing costs increase aren't buying the BS.

And I think gas prices are going to skyrocket this summer. No matter how much they say 'All is well' with the economy, I don't think they'll be able to hide the truth as the year goes on.

Lol

Labor participation rate is at 62.5%

Lowest rate since 1977.

All the liberals who got laid off at my Austin based company undoubtedly concur with the ****** they voted for POTUS

We could be in a literal depression and the propaganda purveyors would fall all over themselves to lie and say it's the greatest economy ever.

Logos Stick said:

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Lol

Labor participation rate is at 62.5%

Lowest rate since 1977.

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And those not looking, aka the welfare leeches, aren't counted in the unemployment number.

Opalka said:

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Always blaming the "MSM" for something you don't like won't cut it. I read MarketWatch most days, and they report on what ECONOMISTS say. Now if you want to say that most economists are "in on the lies", go for it. I don't know where you get more reliable information, but going to the grocery store and complaining about the price that manufacturers and retailers charge isn't about "the economy". They want to keep their profits as high as possible, so don't look for them to rush to lower their prices. Meanwhile, the stock market is great, people still are buying big ticket items like cars, and the unemployment rate is low. Gas is also below $3 in most of the country. If you still want to be a negative Nancy about the economy, go for it.

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Well, you know, you can say "going to the grocery store and complaining about the price that manufacturers and retailers charge isn't about "the economy" all you want smart guy. But for most americans who don't give a **** about marketwatch paying the grocery bill and all the other bills is their economy.

My last grocery bill was over $500. I've never had a bill that big before and you can't get out of even a ****ty restaruant lile Chili's for under $130.

This is the kind of smug snottiness that I love about liberals. Duh. Don't you read MarketWatch? They say the economy is good and the COVID vaccine is awesome.

I live in a 55+ community so I spend a lot of time with a group of people you would think are done working. It's astounding the number of my friends who are looking for some type of employment because the Biden disaster has made living on a fixed income almost impossible.

Even though I'm 67 I'm still working and spend a lot of my time reviewing credit reports so I think I have a pretty good handle on the real economy and it's not good. People are drowning in debt, a lot of it to buy groceries and necessities.

The country is being invaded by a foreign enemy and the guy running an actual criminal enterprise from the White House is a partner with the human trafficking and drug cartels.

You can bury your head in the sand and pretend it's not happening but it is. I fully expect we'll get 4 years of full democrat control after November regardless the legitimate outcome of the election. The country I was fortunate enough to grow up and live in most of my life will be gone. The destruction of this country has been intentional.

The only group with a higher labor participation rate from 20 years ago is those 55+. Those 54 and younger have seen a decline in the participation rate. That's per the US Bureau of Labor Statistics.

Tell that to my brother and the other 15% of Dell who got laid off and aren't finding jobs right now.

Opalka said:

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Always blaming the "MSM" for something you don't like won't cut it. I read MarketWatch most days, and they report on what ECONOMISTS say. Now if you want to say that most economists are "in on the lies", go for it. I don't know where you get more reliable information, but going to the grocery store and complaining about the price that manufacturers and retailers charge isn't about "the economy". They want to keep their profits as high as possible, so don't look for them to rush to lower their prices. Meanwhile, the stock market is great, people still are buying big ticket items like cars, and the unemployment rate is low. Gas is also below $3 in most of the country. If you still want to be a negative Nancy about the economy, go for it.

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I read Marketwatch every day and they are a glorified yahoo.
You read the "economists" providing their opinion, and are impressed. Doesn't surprise me. Democrats have a fondness for authority, but the rest of us know that an appeal to authority is a logical fallacy.

I look at the actual companies reporting results. Outside of few sectors (Tech related to AI, Defense), most other companies are not reporting good results, or see significant headwinds.

Tech has been hammered with layoffs, and Pharma has frozen hiring for over a year. Consulting companies are deferring new hires. China recession is affecting a whole lot of companies.

There really isn't anything good on the horizon. But keep listening to those yahoo economists who are bought and paid off by the administration. Wouldn't surprise me if most of them are DEI hires, and if there's one thing we know about DEI hires is that they don't lie.

Gotta love the leftists on here!

"Sure most folks are struggling to afford food, gas and rent and Bidens spending like a drunk sailor is pushing inflation to all time highs but if you just ignore that, it's a FANTASTIC economy for the wealthy on Wall Street!"

how can anyone be so blind to state the economy is strong or it is better than it was four years ago?

I pulled the over 55 participation rate since you seem to love stats. What I see in the real world is hopelessness and despair like I've never seen in my life. The security of the country has been destroyed intentionally by your guy. We're engaged in 2 wars one of which we have no business in whatsoever. Taxpayers are on the hook to pay the travel costs for a drug addict, tax cheat, gun felon who flies on AF1. What an F'd up country Joe Biden has turned this into.