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Happy Thanksgiving Thoughts from Donald Trump

Discussion in 'Too Hot for Swamp Gas' started by citygator, Nov 23, 2023.

  1. Sohogator

    Sohogator GC Hall of Fame

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    • Funny Funny x 2
  2. homer

    homer GC Hall of Fame

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    • Agree Agree x 1
  3. GatorGrowl

    GatorGrowl Forum Admin Moderator VIP Member

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    We have two choices according to the polls
    Crummy
    Crummier
     
  4. citygator

    citygator VIP Member

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    Did you read beyond the headline? From your article:

    So the rates are moving to historical normal levels off of historical lows.
     
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  5. UFLawyer

    UFLawyer GC Hall of Fame

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    apples and oranges bro, and you know it. The comment was about rising debt, and your quote is about rising delinquency.

    You are the one who needs to read. Just saying. #hugs
     
    • Winner Winner x 1
  6. citygator

    citygator VIP Member

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    Apples and apples. The debt from the article isn’t adjusted into real dollars so it looks like it’s up when in fact… debt is at an all time low. This lesson is free…Happy Thanksgiving

    IMG_0396.jpeg

    Household Debt Service Payments as a Percent of Disposable Personal Income
     
    • Informative Informative x 3
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  7. homer

    homer GC Hall of Fame

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    That’s not what it says about where it’s at presently. Just that it’s not at worrisome levels. There are more studies that say it’s too high and getting higher. I pointed out one study that mentions it is an issue. Article wouldn’t exist if not.
     
  8. duggers_dad

    duggers_dad GC Hall of Fame

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    I’m thankful that I’m not deranged by Trump.
     
  9. citygator

    citygator VIP Member

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    People are invested in the narrative. The article has a link to this graph that is based on raw dollars that when you adjust to income is basically my graph. Plus over 70% of debt is housing. There is a lot more to it than inflation has people broke so they are borrowing. It’s not what the numbers say.

    IMG_0397.jpeg
     
  10. homer

    homer GC Hall of Fame

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    My post is about CC debt.
     
  11. citygator

    citygator VIP Member

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  12. Sohogator

    Sohogator GC Hall of Fame

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    You’re missing the MAGA narrative “the Economy sucks” despite all the #’s saying it doesn’t. The fact is they have clue about anything to do with finance and micro and macroeconomics.
     
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  13. homer

    homer GC Hall of Fame

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    No “you” are missing the narrative. I posted a link that says CC debt is approaching a concern. It’s not MAGA anything. I think the economy is doing fine considering. The American public is driving the economy, always has and always will barring exceptions like a market adjustment and occasionally a recession.

    My point was that some people feel good enough about the economy that they are freely spending with CCs even though the rates are up. I’m sure some is out of necessity and not good feels.
     
  14. Sohogator

    Sohogator GC Hall of Fame

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    Your point was “but, but look at this…” which was knocked down by city in not one but three charts…..
     
  15. homer

    homer GC Hall of Fame

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    You’re still missing the point. I posted a link showing CC debt is going up. Wasn’t meant as a positive or negative for Biden. It’s a small part of the over all economy, which I said is doing fine. If that bothers you I apologize for triggering you.
     
  16. UFLawyer

    UFLawyer GC Hall of Fame

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    let me see if I understand the premise of your previous post. You expect that anytime a poster wants to make a point and therefore post a link to an article, as a prerequisite the poster must first look up the underlying data from the link…and if they don’t you get to accuse them of not reading their own link by pointing out something irrelevant to their original point.


    Is this the standard you want to be judged?

    why is it so difficult to concede an error? SMH

    BTW. I didn’t even look at the data you posted because I don’t give a poop.
     
  17. citygator

    citygator VIP Member

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    Simply putting it in perspective. Take it or leave it.
     
  18. citygator

    citygator VIP Member

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    Yes.
     
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  19. duggers_dad

    duggers_dad GC Hall of Fame

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    I recommend Too Hot changing to …

    I’m Thinking About Trump Are You Thinking About Trump ?

    Admittedly a little unwieldy.
     
    • Funny Funny x 1
  20. UFLawyer

    UFLawyer GC Hall of Fame

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    Good to know. I'll do my best to hold you to your standard.