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BLS for November

Discussion in 'Too Hot for Swamp Gas' started by surfn1080, Dec 7, 2023.

  1. Gatoragman

    Gatoragman GC Hall of Fame

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    Thanks, misread the graph!
     
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  2. BigCypressGator1981

    BigCypressGator1981 GC Hall of Fame

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    yeah but what about cat food?!
     
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  3. Gatoragman

    Gatoragman GC Hall of Fame

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    See this is where the disconnect is. Around 45% of US homes have a dog and nearly 30% have cats, so yes, it is real to a descent portion of the population.
     
  4. citygator

    citygator VIP Member

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    I want to be on record supporting making cat ownership as expensive as possible. Im ok with a flat cat tax too.
     
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  5. Gatoragman

    Gatoragman GC Hall of Fame

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    I dug a little deeper and it is reported that nearly 60% of homes have a dog or cat. You can laugh and think no big deal, but those cost increases are what 60% of the homeowners see.
     
  6. BigCypressGator1981

    BigCypressGator1981 GC Hall of Fame

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    Have you considered just not feeding your cat?
     
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  7. WarDamnGator

    WarDamnGator GC Hall of Fame

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    Fed only raises when the economy is strong to keep inflation in check. I think they waited too long after the worst of covid has passed because they were afraid the covid recovery couldn't handle a raise.

    But your observation here is basically just pointing out the obvious ... strong economies will eventually experience a downturn.
     
  8. VAg8r1

    VAg8r1 GC Hall of Fame

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    The graph once again illustrates the poor job of messaging by Biden and the Democrats. Along the same lines, the Democrats should emphasis this statistic when the Republicans attack Biden for promoting EVs.
    North America is now the growth leader for new battery factories
    or stories like this.
    Exclusive: Intel Reveals Plans for Massive New Ohio Factory, Fighting the Chip Shortage Stateside
    or this:
    TSMC mega-plant nearing manufacturing start date in north Phoenix
     
  9. citygator

    citygator VIP Member

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    It's useless. Democrats market about as well as Bud Light.
     
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  10. surfn1080

    surfn1080 Premium Member

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    A downturn at what level? There is a difference between the economy leveling off and an economy going into a recession. What the chart shows is almost always done experience a recession when the feds dramatically increase the rate. It’s no secret they are not good at soft landings.

    Today’s report was good. About 50k of the jobs was back from auto workers. That would be a good sign since they were not counted in the last but the last two months also got a -35k revision so not sure what to make of that.
    Overall Nov jobs report was good as long as just like most of the other reports this year, it doesn’t get a negative revision.