Consumer outlook plunges in September

7,341 Views | 102 Replies | Last: 13 days ago by whytho987654
bobbranco
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Marxist fear porn about the economy is rampant. Feel free to gaslight oneself.


No amount of logic is going to convince the illogical that orange man isn't so bad that we should all vote for socialists in 2026. He wants to vote for a socialist who wants to kill the O&G industry, dismantle capitalism, open the borders, ban guns, legalize abortion up to birth, allow men to play girls sports and hang out in women's locker rooms, and pay for trans surgeries for little kids. SIGNED txags92
HumpitPuryear
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TexAgs91 said:

MemphisAg1 said:

Not setting up well for the midterms if you're a Republican.


How was the Consumer Outlook when the marxists were running the country?

Americans have the attention span of a door knob

And soft. Americans can't handle the shortest of short-term pain and sacrifice.

Trump is absolutely doing the right things from a macro economics perspective. It would be great if the fedgov would cut spending and clean up the graft but that is a slow process and does not have wide appeal in DC where everyone has their nose in the trough. Trump knows this and he's not a fiscal conservative anyway.

The solution is to grow GDP and reduce inflation. To do that we need to expand our manufacturing base, open markets, get access to rare earths and petroleum. That means eliminating Iran and containing China. The modern Monroe Doctrine is the US sweeping China out of our hemisphere. It's happening. Unfortunately, it takes time and money to achieve, and the average American can't see past the end of their nose.
flown-the-coop
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They are getting down to saying Bessent is a moron and cannot find his way out of a sack.

Its getting desperate on the gaslight front. They will be candlelighting folks before too long. See $3 gas thread this morning - no one will be able to afford to gaslight.
Jeeper79
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BigRobSA said:

jejdag said:

Did he say he'd get it done in 2 years?


Im convinced he doesn't understand linear time.

2 weeks to slow the spread
2 weeks to defeat Iran
Etc
Etc


The plan to fix healthcare has been two weeks away for years.
Tony Franklins Other Shoe
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Who?mikejones! said:

Its tough when I put 175 dollars in the tank and its not full

Technically, you could control that by changing autos.

Person Not Capable of Pregnancy
WestAustinAg
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Heineken-Ashi said:

MouthBQ98 said:

People have forgotten what a bad economy is even like or have never really experienced one. We've had some hiccups the last 2-3 decades but extreme government intervention and manipulation has blunted the worst effects.

We have an inflation hangover and only moderate growth with a few particular pressures but people perceive it as bad when it could be far worse looking at truly bad economic history

Not even close.

We have a K-shaped economy. People with cash buying $700k homes that were priced $900k two years ago.

Meanwhile, first time home buyers are literally non-existent. Gone. There is not market. Largest gap between homes available on the market and buyer on record.

The top is maintaining. The bottom is in depression. The middle is slowly declining.

Data that tried to lump it all together is missing the picture. The bottom and middle make up almost the entire country. Sentiment is showing that.


This is just data manipulation. There are plenty of affordable housing in suburbs and smaller towns. Only the big cities have nonexistent affordable housing. And they have that issue because of govt regulations that keep developers from building.
TexAgs91
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HTownAg98 said:

TexAgs91 said:

MemphisAg1 said:

Not setting up well for the midterms if you're a Republican.


How was the Consumer Outlook when the marxists were running the country?

Americans have the attention span of a door knob

It's not an either/or proposition. The ones that typically vote R aren't going to vote D. They just won't vote at all. And it's not necessarily that people think the other side will do any better. It's that the people in charge now aren't doing a good job, so they gotta go. And when the new people get in and do a terrible job, they get voted out too. Rinse and repeat.

It is an either/or proposition. Either the republicans take office or the democrats/marxists take office.

Chemistry happens and eventually the rocks get opinions...
Ad Lunam
TexAgs91
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flown-the-coop said:

TexAgs91 said:

MemphisAg1 said:

Not setting up well for the midterms if you're a Republican.


How was the Consumer Outlook when the marxists were running the country?

Americans have the attention span of a door knob

Its the ongoing influence of MSM propaganda and Chinese supplied domestic social influence.

When the Chicom delegates i.e. the Hate Americans are in charge they have a complicit MSM and algorithms to run a nonstop gaslight of how great things are. When those who love America and wish to make it great again are in charge, the flow is reversed.

Its not any more complicated than that.

That works because Americans have the attention span of a door knob.
Chemistry happens and eventually the rocks get opinions...
Ad Lunam
Windy City Ag
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Quote:

How was the Consumer Outlook when the marxists were running the country?

Americans have the attention span of a door knob


Since you are curious, today's reading of 47.8 is second lowest readings in the near 50 year history of the survey. The worst reading was two months ago.

javajaws
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BigRobSA said:

We've given progressivism a chance, recently: Biden & Obama

We've given liberalism a chance, recently, twice by the same guy: Trump

Maybe we should try some conservative policy for a change.

True, but unfortunately Trump has an R by his name so Democrats will just say "you had your chance". They aren't intellectually smart enough to know a true conservative vs a RINO vs whatever Trump is. They additionally see "MAGA" as representative of the entire right side of the voting spectrum.
"Those who would give up essential Liberty, to purchase a little temporary Safety, deserve neither Liberty nor Safety." - Ben Franklin
Windy City Ag
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Quote:

They aren't intellectually smart enough to know a true conservative vs a RINO vs whatever Trump is. They additionally see "MAGA" as representative of the entire right side of the voting spectrum.


It has not helped that former Reagan conservatives have either given up at this point, been hounded from the GOP, or changed their spots to keep their jobs.

Voters know what a "Republican" means and right now that is MAGA and decidedly unconservative policy platforms.
Heineken-Ashi
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Tony Franklins Other Shoe said:

Heineken-Ashi said:

Not even close.

We have a K-shaped economy. People with cash buying $700k homes that were priced $900k two years ago.

Meanwhile, first time home buyers are literally non-existent. Gone. There is not market. Largest gap between homes available on the market and buyer on record.

The top is maintaining. The bottom is in depression. The middle is slowly declining.

Data that tried to lump it all together is missing the picture. The bottom and middle make up almost the entire country. Sentiment is showing that.

I'm not an Economics grad so I had to look up this K-shaped economy. Became popular coming out of Covid. Interesting that we have the same divergence of people getting along with their lives and a separate faction that is struggling.

And the struggling is falling faster than the getting along is gaining.
Heineken-Ashi
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WestAustinAg said:

Heineken-Ashi said:

MouthBQ98 said:

People have forgotten what a bad economy is even like or have never really experienced one. We've had some hiccups the last 2-3 decades but extreme government intervention and manipulation has blunted the worst effects.

We have an inflation hangover and only moderate growth with a few particular pressures but people perceive it as bad when it could be far worse looking at truly bad economic history

Not even close.

We have a K-shaped economy. People with cash buying $700k homes that were priced $900k two years ago.

Meanwhile, first time home buyers are literally non-existent. Gone. There is not market. Largest gap between homes available on the market and buyer on record.

The top is maintaining. The bottom is in depression. The middle is slowly declining.

Data that tried to lump it all together is missing the picture. The bottom and middle make up almost the entire country. Sentiment is showing that.


This is just data manipulation. There are plenty of affordable housing in suburbs and smaller towns. Only the big cities have nonexistent affordable housing. And they have that issue because of govt regulations that keep developers from building.

Ya tell that to my buddy who bought a new build in a far out suburn for $340k in 2022 and cant sell it for $295k now.
Aggie95
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that's not an affordability issue, that's just a lack of buyer issue. Too many people have soured on homeownership in recent years which is limiting the pool of buyers.
Deputy Travis Junior
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Aggie95 said:

that's not an affordability issue, that's just a lack of buyer issue. Too many people have soured on homeownership in recent years which is limiting the pool of buyers.


Face palm. Okay, do a quick Google search for a demand curve. What happens to demand for a good when the price (affordability) of the good decreases? What happens to demand for a good when its price increases?

So can we not say that your "lack of buyers" issue is a a pricing/affordability issue?
Over_ed
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Heineken-Ashi said:

WestAustinAg said:

Heineken-Ashi said:

MouthBQ98 said:

People have forgotten what a bad economy is even like or have never really experienced one. We've had some hiccups the last 2-3 decades but extreme government intervention and manipulation has blunted the worst effects.

We have an inflation hangover and only moderate growth with a few particular pressures but people perceive it as bad when it could be far worse looking at truly bad economic history

Not even close.

We have a K-shaped economy. People with cash buying $700k homes that were priced $900k two years ago.

Meanwhile, first time home buyers are literally non-existent. Gone. There is not market. Largest gap between homes available on the market and buyer on record.

The top is maintaining. The bottom is in depression. The middle is slowly declining.

Data that tried to lump it all together is missing the picture. The bottom and middle make up almost the entire country. Sentiment is showing that.


This is just data manipulation. There are plenty of affordable housing in suburbs and smaller towns. Only the big cities have nonexistent affordable housing. And they have that issue because of govt regulations that keep developers from building.

Ya tell that to my buddy who bought a new build in a far out suburn for $340k in 2022 and cant sell it for $295k now.

I think you probably understand that this is largely due to "micro" forces rather than macro. Builders went all in on the growth of Texas; built way too many houses in "far out suburbs". Many have MUD problems. Others have neighborhoods with many partially built houses and unfinished amenities. And the houses tend to be visually unappealing - 2 story on postage-stamp lots that all look the same. Your friend's house may be in this group or not, either way that is the economy he is competing in. It is tough, but I think his example has little to do with K shaped economy.
Ducks4brkfast
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Parts of Fort Bend county got way overbuilt, very quickly.

It's not an affordability issue there. It's an oversupply of homes.
SteveA
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Quote:

And people will vote for communism and make it even worse.

So controlling markets and handing out $5k to everyone
I kid!
Mostly.
Windy City Ag
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Quote:

So controlling markets and handing out $5k to everyone
I kid!
Mostly.


Babylon Bee said it well.

https://babylonbee.com/news/trump-pledges-that-if-voters-defeat-socialism-in-november-they-will-each-get-an-equal-redistribution-of-wealth-from-the-government

Quote:

Trump Pledges That If Voters Defeat Socialism In November, They Will Each Get An Equal Redistribution Of Wealth From The Government

txwxman
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flown-the-coop said:

TexAgs91 said:

MemphisAg1 said:

Not setting up well for the midterms if you're a Republican.


How was the Consumer Outlook when the marxists were running the country?

Americans have the attention span of a door knob

Its the ongoing influence of MSM propaganda and Chinese supplied domestic social influence.

When the Chicom delegates i.e. the Hate Americans are in charge they have a complicit MSM and algorithms to run a nonstop gaslight of how great things are. When those who love America and wish to make it great again are in charge, the flow is reversed.

Its not any more complicated than that.

From "the buck stops here" to "we're victims of the MSM and the Chicomms."
WestAustinAg
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Heineken-Ashi said:

WestAustinAg said:

Heineken-Ashi said:

MouthBQ98 said:

People have forgotten what a bad economy is even like or have never really experienced one. We've had some hiccups the last 2-3 decades but extreme government intervention and manipulation has blunted the worst effects.

We have an inflation hangover and only moderate growth with a few particular pressures but people perceive it as bad when it could be far worse looking at truly bad economic history

Not even close.

We have a K-shaped economy. People with cash buying $700k homes that were priced $900k two years ago.

Meanwhile, first time home buyers are literally non-existent. Gone. There is not market. Largest gap between homes available on the market and buyer on record.

The top is maintaining. The bottom is in depression. The middle is slowly declining.

Data that tried to lump it all together is missing the picture. The bottom and middle make up almost the entire country. Sentiment is showing that.


This is just data manipulation. There are plenty of affordable housing in suburbs and smaller towns. Only the big cities have nonexistent affordable housing. And they have that issue because of govt regulations that keep developers from building.

Ya tell that to my buddy who bought a new build in a far out suburn for $340k in 2022 and cant sell it for $295k now.

So houses in teh burbs have gotten more affordable. That's awesome for young people...
WestAustinAg
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Aggie95 said:

that's not an affordability issue, that's just a lack of buyer issue. Too many people have soured on homeownership in recent years which is limiting the pool of buyers.

Ahhh....yes...of course....so many 20 - 30 year olds are staying at home with their parents or blowing out their wallets with high rent in urban apartment complexes. Brilliant.
AGHouston11
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No Spin Ag said:

YouBet said:

And people will vote for communism and make it even worse.


To quote "Orange Cheeto"..."what do you have to lose?"

Trump was supposed to bring a "Golden Age" not another type of "golden", which is how life post EO has been.

Call it rain if you want, but the color and smell say otherwise.


Nope we didn't get anything close to golden age!

Instead we are rolling into the midterms with the message for winning: We suck less than the other party.

Aggie1205
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Does anyone still think this the greatest economy of all time as claimed by Trump?
bobbranco
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Compared to Biden's we are going gangbusters.


No amount of logic is going to convince the illogical that orange man isn't so bad that we should all vote for socialists in 2026. He wants to vote for a socialist who wants to kill the O&G industry, dismantle capitalism, open the borders, ban guns, legalize abortion up to birth, allow men to play girls sports and hang out in women's locker rooms, and pay for trans surgeries for little kids. SIGNED txags92
docb
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On the bright side we are almost halfway done with Trump part 2. I pray we have a better Republican candidate for 2028.
amercer
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docb said:

On the bright side we are almost halfway done with Trump part 2. I pray we have a better Republican candidate for 2028.


No republican will win in 2028. The only question now is: will republicans be out of power for a couple cycles or for a generation. The Trump ship is going down hard and taking the whole party with it
bobbranco
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amercer said:

docb said:

On the bright side we are almost halfway done with Trump part 2. I pray we have a better Republican candidate for 2028.


No republican will win in 2028. The only question now is: will republicans be out of power for a couple cycles or for a generation. The Trump ship is going down hard and taking the whole party with it


LOL. Democrats are rudderless exposing their marxist roots daily. All they have left are the legions of theater kids filling the short busses willing to attack good Americans. The total lack of common sense and lack of honesty is going to bury the Democrats for more than a generation.


No amount of logic is going to convince the illogical that orange man isn't so bad that we should all vote for socialists in 2026. He wants to vote for a socialist who wants to kill the O&G industry, dismantle capitalism, open the borders, ban guns, legalize abortion up to birth, allow men to play girls sports and hang out in women's locker rooms, and pay for trans surgeries for little kids. SIGNED txags92
flown-the-coop
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TexAgs91 said:

flown-the-coop said:

TexAgs91 said:

MemphisAg1 said:

Not setting up well for the midterms if you're a Republican.


How was the Consumer Outlook when the marxists were running the country?

Americans have the attention span of a door knob

Its the ongoing influence of MSM propaganda and Chinese supplied domestic social influence.

When the Chicom delegates i.e. the Hate Americans are in charge they have a complicit MSM and algorithms to run a nonstop gaslight of how great things are. When those who love America and wish to make it great again are in charge, the flow is reversed.

Its not any more complicated than that.

That works because HATE Americans have the attention span of a door knob.

And brains of the left-over slag from making doorknobs.
flown-the-coop
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bobbranco said:

amercer said:

docb said:

On the bright side we are almost halfway done with Trump part 2. I pray we have a better Republican candidate for 2028.


No republican will win in 2028. The only question now is: will republicans be out of power for a couple cycles or for a generation. The Trump ship is going down hard and taking the whole party with it


LOL. Democrats are rudderless exposing their marxist roots daily. All they have left are the legions of theater kids filling the short busses willing to attack good Americans. The total lack of common sense and lack of honesty is going to bury the Democrats for more than a generation.

Yea, someone at Club Blu got into the sauce a little early today.
Rapier108
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What's funny is the same people whining about the economy will be the first to lineup for the newest iPhones, including the $2000 model.

Then they'll go home and order Door Dash while jumping between their 2-3 streaming services.
AggieT
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Rapier108 said:

What's funny is the same people whining about the economy will be the first to lineup for the newest iPhones, including the $2000 model.

Then they'll go home and order Door Dash while jumping between their 2-3 streaming services.


Yep. This a picture of the truck driven by the guy cleaning my office on Wednesday.

I have employees that order Door Dash for lunch every day.

I drive the least expensive car in my parking lot every day . A '23 4Runner.

People are idiots with money.
docb
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They deserve it. The people trying to save their money don't.
flown-the-coop
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Rapier108 said:

What's funny is the same people whining about the economy will be the first to lineup for the newest iPhones, including the $2000 model.

Then they'll go home and order Door Dash while jumping between their 2-3 streaming services.

The entitlement folks and the "I could never defer the rewards I know I deserve" are the one suffering these days.

I have little compassion for them.

No one posting on TexAgs about suffering is actually suffering.
AGHouston11
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Rapier108 said:

What's funny is the same people whining about the economy will be the first to lineup for the newest iPhones, including the $2000 model.

Then they'll go home and order Door Dash while jumping between their 2-3 streaming services.


Well what's not funny is the president offering 5k if Republicans keep both houses Free Obama phones were cheaper!

But all joking aside it's not just free loaders complaining about the economy. It's Republicans with blinders on that just can't see what's obvious to most.
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