candide
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Posts posted by candide
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8 hours ago, Mike_Hunt said:
GDP now has a pretty good track record.
Baseless claim! 😆
I have shown it's not the case. Fact from reliable source.
If you want to understand why it's not reliable:
https://www.schwab.com/learn/story/misunderstood-measure-how-to-approach-gdpnow
https://www.fisherinvestments.com/en-us/insights/market-commentary/gdpnow-still-looks-backward
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12 minutes ago, Mike_Hunt said:
And Q2 is looking good.
My point is that the GDP Now model is not reliable, as its forecast for Q1 (-2.8%) was completely wrong (it's -0.5%). And it was not the first time it was wrong.
And more sources confirm that GDP growth expected to be around 1.4% / 1.6% for the full year.
Around half of average growth under Biden!
One more forecast at 1.4%
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6 minutes ago, Mike_Hunt said:
According to The Economist, Biden’s policies added 4 percentage points to the peak inflation rate.
Stop replying to what I did not claim.
My claim was that the act could not be an inflation creating act. And I have proven it. Chronologically, it couldn't.
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42 minutes ago, Mike_Hunt said:
That act had nothing to with inflation.
https://apnews.com/article/fact-check-inflation-reduction-act-impact-one-year-950550722320
CLAIM: The Inflation Reduction Act is responsible for the drop in the inflation rate observed in the year following its passage.
AP’S ASSESSMENT: Missing context. While the inflation rate is indeed down from its peak, economists say the law can take little credit, and many provisions are just now starting to be implemented.
46 minutes ago, illisdean said:It did but not because of the IRA, but show some proof. Even retard Biden admitted it was "not about inflation" Carry on gaslighting, lying, all your trademark and hallmarks when YOU GOT NOTHING.
"The CBO and Penn Wharton Budget Model found no significant short-term inflation reduction, as most savings (e.g., drug caps, energy credits) phase in post-2025. Biden himself admitted the IRA has “less to do with inflation” than climate and jobs, reflecting a branding misstep..."
https://www.npr.org/2022/08/11/1116229743/inflation-reduction-act-questions-answered
You claimed that the act was an "inflation creating act."
That was another of your usual ridiculous claim. Fact is that inflation did not increase after the act was implemented, it decreased.
I have proven you wrong again!
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14 minutes ago, illisdean said:
Nothing to do with the IRA mr. gaslighter and resident B.S. aficionado
"The IRA’s name was a political tactic by Senators Manchin and Schumer to address 2022’s 8.2% inflation, but its focus on climate and healthcare diluted its anti-inflation narrative."
So it was implemented after the peak. How could it be responsible for inflation increase as it was claimed, Mr. gaslighter and B.S. aficionado!
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29 minutes ago, Mike_Hunt said:
The GDP Now model is not reliable. For ex it forecasted -2.8% for Q1 2025!
On April 1!
Atlanta Fed’s GDP Growth Predictor Says Q1 Rate Was -2.8%
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3 hours ago, illisdean said:
Fake news CNN.
Fake news meme!
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1 hour ago, illisdean said:
Inflation you say.... for those of you obsessed with inflation google "Biden inflation" for the goods on the retarded Bidens "Inflation
ReductionCREATION Act" and go from there. You will be astonished AND schooled again.Otherwise, take a further look here...below... and drink in all the Trump MAGA WINNING kool-aid. All you democrat loser goat pee drinkers,,,,enjoy your drink of choice.
More ridiculous B.S. from you. After the act was implemented, inflation decreased.
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There is little doubt that China will dominate. The only question is "when"?
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50 minutes ago, illisdean said:
No, prices are dropping, it's the Trump EFFECT and WINNING strategies and policies. Promises Made Promises Kept.
How about that, Trumps got it going big time, making Biden look more like the useless America hating failure he truly is. Tariffs can put upward pressure on prices of some goods and services but generally do not cause inflation like Biden created with reckless out of control gov't spending.
Energy prices down have nothing to do with Trump, and all to do with SA and OPEC deciding last year to increase production! 🤣
Meanwhile....more winning! 🤣
US economy shrank faster than expected, new data shows
GDP contracted by 0.5 percent on an annualized basis, 0.3 percentage points lower than the last measurement from the Commerce Department.
Economists were expecting the number to stay the same at a 0.2 percent contraction.
Thursday’s downward revision reflected lower consumer spending, mostly in recreation and transportation.
The Federal Reserve, along with other forecasters, has reduced its U.S. growth outlook for this year. The June projection was for growth of 1.4 percent for 2025, down from a 1.7 percent forecast made in March. The World Bank is also predicting 1.4 percent growth for the U.S. this year.
https://thehill.com/business/5371005-us-gdp-revised-lower-consumer-spending/
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22 minutes ago, illisdean said:
Another big win for the Trump admin, Rubio and peace in the DRC. Trump knows how to pick em now. Good job by the good guys.
Next target: a peace agreement between San Marino and Monaco! 🤣
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2 hours ago, theblether said:
Is this BS still going? stop feeding these witless trolls - complete and utter clowns. No doubt one of them will start arguing that Abbas is lying. Fools.
Iran's foreign minister has admitted that "excessive and serious" damage was done to the country's nuclear sites in the recent US and Israeli bombings.
Abbas Araghchi told a state broadcaster on Thursday evening that an assessment of the damage is being carried out by the Atomic Energy Organisation of Iran.
And Khamenei stated exactly the opposite
https://www.axios.com/2025/06/26/trump-khamenei-iran-us-strike
It seems that they have adopted Trump's m.o. to say one thing and its opposite at the same time! 🤣
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1 hour ago, xylophone said:Senior US officials have conceded they do not know the fate of Iran’s stockpile of near-bomb-grade uranium.
Before the US strikes, there was evidence that the Iranians, attuned to Trump’s repeated threats to take military action, had removed 400kg of uranium enriched to 60% purity from Isfahan.
Grossi told the New York Times by text that the fuel had last been seen by his teams of UN inspectors about a week before Israel began its attacks on Iran. The fuel is stored in special casks small enough to fit in the boots of about 10 cars.
However, there has been concern, prompted in part by satellite imagery showing trucks leaving Fordow before the attack, that Iran may have saved significant quantities of its enriched uranium.
This comes on top of earlier intelligence leaks to various US news outlets suggesting that the attacks had only set back the programme by a matter of months, prompting furious denials from the White House.
Well, the U.S. and Israel are asking Iran to hand over the nuclear material. So I guess they think it has not all been destroyed....
In an interview with Israel’s Channel 13, Israel Katz discussed the US strikes on Iranian nuclear facilities that took place over the weekend.
“It was clear from the beginning that the strike would neutralize the surrounding infrastructure — it wouldn’t eliminate the (nuclear) material itself. Now there is a joint American-Israeli position saying to Iran, ‘You must hand over this material,’” Katz said in the interview, which aired Thursday."
June 26, 2025 – Israel-Iran conflict | CNN
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31 minutes ago, nauseus said:
Ten years of persecution by the Democrats but now it's time for Trump to be scrutinized?
Joker!
Trump did what he did!
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22 minutes ago, illisdean said:
Has anyone seen Trump do this? Probably only someone with MENTAL DECLINE would do this, like Biden!
Deflect, deflect, deflect!
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25 minutes ago, illisdean said:Broken record! Biden is not the President any more. Get over it!
Now it's Trump's turn to be scrutinized!
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6 hours ago, bendejo said:
So, if DT knowingly lies about this "obliteration" while Iran still has its uranium stash, wouldn't that make him guilty of siding with the enemy?
Then there is the permission to bomb the US base on the gulf.
That God speech he gave is suspicious, IMO.
https://apnews.com/article/trump-iran-speech-transcript-text-ff4b286992309ec1337e04260247bb1e
49 minutes ago, Bkk Brian said:I couldn't care less, you were responding to alleged Trump lying on the damage. Read the report I referred to and see if you still think that rather than all this MAGA gullible nonsense
Additionally, here's the post and the claims made.
Are you claiming that there is no significant remaining enriched uranium?
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48 minutes ago, Bkk Brian said:
I couldn't care less, you were responding to alleged Trump lying on the damage. Read the report I referred to and see if you still think that rather than all this MAGA gullible nonsense
I replied to:
That God speech he gave is suspicious, IMO.
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24 minutes ago, illisdean said:
He (Trump) wasn't in office, Biden was and went against the advise of his military, and the deal was to be scrapped with a clause in the Doha Agreement which was breached by the Taliban and Biden ignored it.
you got any more misinformation and gaslighting to share
The Taliban did not respect the agreement while Trump was still the President and despite that, he started the withdrawal.
The only alternative would have been to start war again against the Taliban. And if he had done that, the whole MAGA sphere would have accused him of war mongering.
The American people wanted out.
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1 hour ago, SunnyinBangrak said:
You know full well the FBI had a copy and had verified it long before the events you speak of. Just stop your misinformation, it serves no purpose.
As usual no reply to my simple question. Why can't you reply?
Why did Giuliani, who had the laptop copy already for one year, only disclosed it shortly before the election and only to the NYPost? Instead of sending it to all MSM earlier, in order to allow everyone to check it? 😆
PS. As to the FBI, they were not allowed to disclose it publicly without a judge's decision as it had been seized for a Grand Jury investigation. BTW, why would the Trump administration have felt the need to do it, as there were no proof of Joe Biden's corruption? The GOP fake committee tried to use it, called witnesses to deepen the analysis, and failed ridiculously!
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1 minute ago, illisdean said:
Think back, August 2021, the three stooges Biden, Blinkin, Austin et al and throw in two words: "Afghan Withdrawal", a defining moment steeped in absolute failure for the worlds foremost military power unfortunately under the control, or rather lack of control of liberal morons. NOBODY could be this incompetent unless they are a democrat mired in bidens clown world of failures for the daft.
An agreement designed by Trump, and a withdrawal prepared and started by Trump, who soaped the board as much as he could.
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It would be nice to get rid of the religious Fascists!
However the problem is that the opposition is quite fragmented and rather weak. And the revolutionary guards are not only strong from a military pov, but are also managing a significant share of the economy. It means that there are plenty of people employed by them.
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Some places are obviously scarry, but I would assume that most of those bad assessments also have to do with the travellers' own attitude and behavior.
And also with the lack of understanding of local habits and culture. For example Russians don't look friendly. The main reason is that Russians usually don't smile to people they don't know. Once you've been introduced they can be quite friendly.
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Just now, Bkk Brian said:
Or maybe not. Have you read what Grossi said yesterday?
Double= MAGA + also believing in God (and in a certain way, such as Evangelists).
Coming trade deals or massive inflation?
in Political Soapbox
Posted
Why does the graph you picked stop in 2023. The 2024 figures are widely available, 2.9% as of December 2024.
And food inflation was 2.5% (now 2.9%). Remember me who promised to bring down the price of groceries? 🤣