The storm clouds that threatened the economy under President Biden are lifting with surprising speed, as fears of an imminent recession abate just as inflation cools.
On Thursday, the government reported that the economy grew last quarter by 2.4 percent on an annualized basis—a faster-than-expected clip that bolstered confidence the United States is not about to slide into recession.
The report follows a steep drop in inflation, from 9 percent last year to 3 percent in the most recent report, and a measurable brightening in consumer attitudes. Positive news is emerging across the data: Worker pay is rising faster than prices, consumer spending remains robust, and new federal investments in infrastructure and clean energy are bolstering the overall economy. The Biden administration resolved a standoff over the debt ceiling with House Republicans, and its emergency interventions helped calm a crisis among regional banks. A deal this week between UPS and its union removed one more potential challenge to the economy.
This string of positive developments could reshape a political landscape that for more than two years has been defined by Republican accusations that Biden is mismanaging the economy. Although quick to emphasize the progress is fragile, Democratic policymakers are newly eager to boast of the strength in what has been perhaps Biden’s greatest political liability.
“This progress wasn’t inevitable or accidental—it is Bidenomics in action,” Biden said in a statement touting the economic growth numbers. “My economic plan is working—and we’re just getting started.”
Released Thursday by the Bureau of Economic Analysis, the new gross domestic product figures showed the economy expanded for the fourth straight quarter in a row, casting doubt on predictions of a recession this year. . . .
The report continues online.
"The U.S. economy grew by annual rate of 2.4 percent in second quarter, as both recession and inflation fears abate" Jeff Stein and Abha Bhattarai for the Washington Post; July 27, 2023. https://www.washingtonpost....gdp-q2-2023-economy/
[This message has been edited by rinselberg (edited 07-27-2023).]
Interesting story. Claims to be about an algorithm, yet never mentions any math or applies any algorithm of any kind to any data whatsoever.
Basically, just another right-wing propaganda piece that only a member of the echo chamber would blindly accept as true without any data at all to support its claims.
Interesting story. Claims to be about an algorithm, yet never mentions any math or applies any algorithm of any kind to any data whatsoever.
Basically, just another right-wing propaganda piece that only a member of the echo chamber would blindly accept as true without any data at all to support its claims.
Sounds like something a radical leftist would say that wants to put his head in the sand and ignore inconvenient information.
Perhaps your browser doesn't show links. Is it HTML 1.0 and greater compatible? Let me know... I've been on the internet since 1994, I can probably help.
Anyway, he talks about logarithmic decay... what we non-math degree holders call a "waterfall effect." Perfect example of a waterfall effect is what's going on in San Francisco right now. You take something that had reached peak success... under Democrat leadership, there began a decline, slow... but steady. It increased more and more, to the point where significant things took place (refusal to convict against crime, which leads to businesses leaving, which leads to people losing their jobs, which leads to increased violent crime, which leads to debt) ... all of which essentially leads to a waterfall effect that becomes irreversible until it hits bottom. Think Detroit, Cleveland, Chicago, all of which are on that path as a result of Democrat rule. NYC is a perfect example of a city that fails under Democrat leadership, and rebuilds itself under Republican leadership ... as it's done at least three times in its history. We are now, again, under decline in NYC... waiting for residents to eventually vote Republican again and restore it.
Originally posted by 82-T/A [At Work]: Sounds like something a radical leftist would say that wants to put his head in the sand and ignore inconvenient information.
Perhaps your browser doesn't show links. Is it HTML 1.0 and greater compatible? Let me know... I've been on the internet since 1994, I can probably help..
So when you followed that link you think you saw "math, data, and an algorithm".
Could you please post a quote because I do not see any of that. And I am pretty sure the problem is not with my computer. am pretty sure the real problem is that you do not know what "math, data, and algorithm" even look like.
So when you followed that link you think you saw "math, data, and an algorithm".
Could you please post a quote because I do not see any of that. And I am pretty sure the problem is not with my computer. am pretty sure the real problem is that you do not know what "math, data, and algorithm" even look like.
COPY/PASTE from the article...
If it’s been a few years since you studied math (or ‘maths’ for my British friends), logarithms are the inverse of exponential functions.
Simple example: we know that 102 (or 10 squared) = 10 x 10 = 100. So, the number 10 raised to the power of 2 equals 100.
The inverse of that is to say that the ‘base 10’ logarithm of 100 = 2. Or in mathematical terms, 100 log10 = 2
Napier devised an entire system of logarithms. And this was actually a tremendous leap forward in mathematics, because logarithms made it so much easier for scientists and researchers to calculate solutions to complex problems.
One of the many important applications to come out of Napier’s work is the concept of ‘logarithmic decay,’ which models many real world phenomena.
The idea behind logarithmic decay is that something declines very, very slowly at first. But, over a long period of time, the rate of decline becomes faster… and faster… and faster.
If you look at it on a graph, logarithmic decay basically looks like a horizontal line that almost imperceptibly arcs gently downwards. But eventually the arc downward becomes steeper and steeper until it’s practically a vertical line down.
Logarithmic decay is like how Hemingway famously described going bankrupt in The Sun Also Rises– “Gradually, then suddenly.”
In fact logarithmic decay is great way to describe social and financial decline. Even the rise and fall of superpowers are often logarithmic in scale. The Kingdom of France in the 1700s infamously fell gradually… then suddenly.
We can see the same logarithmic decay in the West today, and specifically the United States.
The deterioration of government finances has been gradual, then sudden. Social conflict, censorship, and the decline in basic civility has been gradual, then sudden. Even the loss of confidence in the US dollar has been gradual… and is poised to be sudden.
Back in 2009 when I started Sovereign Man, I spoke a lot about ideas that were highly controversial at the time.
I suggested that Social Security’s trust funds would run out of money. That the US government would eventually be buried by its gargantuan national debt. That the US dollar would eventually lose its international reserve dominance. That inflation and social conflict would rise.
The main thesis, quite simply, was that the US was in decline. And whenever I spoke at events, I used to talk about logarithmic decay, saying:
“As a civilization in decline, you never really know quite where you are on the curve. You could be way over here on the horizontal line, at the very beginning of the decline… or you could be standing on the precipice about to hit the vertical slide down.”
Well, now we have a much better idea of where we are on that logarithmic decay curve. Because these ideas about the national debt, inflation, social security, social conflict, etc. are no longer theories. Nor are they even remotely controversial.
--- break ---
I'm sure you're going to ***** then that it doesn't cite very many specific examples, or that you want to see charts, etc... yes... it's metaphor. Was that not obvious? I think Chicago, New York, San Francisco are all the examples of logarithmic decay that you need.
Originally posted by 82-T/A [At Work]:Think Detroit, Cleveland, Chicago, all of which are on that path as a result of Democrat rule. .
People did not flee the big cities because of democratic rule. They simply moved to the suburbs for more room. Everybody wanted a yard with a white picket fence. The people who could afford it moved away leaving mainly the poor in the cities.
And large Republican led cities in republican state Like Jacksonville Florida are having the same spikes in crime as all other cities, so the crime problem is not based on any Democrat policy. If Republican policy could stop the rise in crime then Jacksonville would not have a large increase in crime.
People did not flee the big cities because of democratic rule. They simply moved to the suburbs for more room. Everybody wanted a yard with a white picket fence. The people who could afford it moved away leaving mainly the poor in the cities.
And large Republican led cities in republican state Like Jacksonville Florida are having the same spikes in crime as all other cities, so the crime problem is not based on any Democrat policy. If Republican policy could stop the rise in crime then Jacksonville would not have a large increase in crime.
LOL, Jacksonville is the only city left in Florida that's still entirely Democrat. Even Orlando and Tampa, the other two cities that are "Democrat" have shifted significantly to the right, with Tampa now having more Republicans, and a Republican-majority city commission (and will flip Republican entirely in the next election). There's a reason why Jacksonville has the crime it does.
On that, I see Jacksonville as the last big city in Florida that's affordable. I'm saving up as much as I can in my job right now, and I intend to become a property mogul in Jacksonville, because I think it's only a matter of time before it sees a big resurgence. Of all the cities in Florida, it's the only one that's still affordable for middle-class families around the country that want to come and move to Florida for the zero state income tax, weather, and freedoms that Florida offers. You can still actually buy a beach house for under $400k.
I'm sure you're going to ***** then that it doesn't cite very many specific examples, or that you want to see charts, etc... yes... it's metaphor. Was that not obvious? I think Chicago, New York, San Francisco are all the examples of logarithmic decay that you need.
Actually when someone claims they are going to use an algorithm to prove a point I consider that the complete OPPOSIT of a metaphor.
The entire article is a joke. Crime rates today are lower than they were in the 1990's. Social unrest has been much worse in this country than it is today. Hundreds of thousands dies in the Civil War. In 1877 alone over a hundred workers were killed in a string of railway strikes and hundreds more striking workers were murdered over the next 50 years of labor conflicts. Dozens of protesters died in the riots of the 1960's.
There is not algorithmic pattern that I can see for the United States. We have been in much worse shape before and did not slide over any ledge.
Jacksonville had a Republican Mayor for the last 8 years when this crime problem arose. The new Mayor has been in office less than a month.
Jacksonville has been slowly turning Republican. Like Tampa, like the other cities. It's still wildly Democrat, as I said. Every mayor before say... what, the mid-90s or something, was Democrat with the exception of one or two going all the way back to the 1880s. Crime has been going down with the exception of 2023 in which violent crime has doubled. But more and more of the city is moving Republican (and staying that way), and we'll see the same progress like we've seen across the board in Florida. Which makes your original argument about Florida (and referencing Jacksonville) in the first place is silly, because crime in Florida is smack in the middle of the country and has been going down every year, despite being the 3rd most populated state in the country.
As a whole, crime has gone down across America over the past 20 years but has spiked in recent years because of several reasons... starting with the pandemic and lock-downs (resulting in people losing their jobs), and inflation resulting in the price of everything going up, leading people to steal and commit crimes out of frustration. The country is not "healthy" right now, and the divisiveness is driven almost entirely by Democrats.
The country is not "healthy" right now, and the divisiveness is driven almost entirely by Democrats.
The Republicans are the ones choosing a Presidential candidate based soley on who can be the biggest ******* . Trump is a proven can man and thief. As president he got played by Kim Jung Un, and could only keep the economy running by running up huge deficits with unfunded tax breaks. Then he admitted on tape that he lied to the American People about how serious the threat was from Covid. The only reason Republicans like him is because he is not ashamed to act like a complete jerk in public. They care more about that than public policy.
As a whole, crime has gone down across America over the past 20 years but has spiked in recent years because of several reasons... starting with the pandemic and lock-downs (resulting in people losing their jobs), and inflation resulting in the price of everything going up, leading people to steal and commit crimes out of frustration. The country is not "healthy" right now, and the divisiveness is driven almost entirely by Democrats.
I disagree there. The #1 reason/problem is the leftoid definition of "crime".
Wrong-think, wrong-speak, are wrong-meet are sever crimes to be treated harshly. Did you know we have a criminal offence here called "uttering" ? Up to 5 years in the slammer for using forceful words to convey a concept.
REAL crimes always have an excuse and mitigating factors so the idea is go easy, be sympathetic and rehabilitate.
The Republicans are the ones choosing a Presidential candidate based soley on who can be the biggest ******* . Trump is a proven can man and thief. As president he got played by Kim Jung Un, and could only keep the economy running by running up huge deficits with unfunded tax breaks. Then he admitted on tape that he lied to the American People about how serious the threat was from Covid. The only reason Republicans like him is because he is not ashamed to act like a complete jerk in public. They care more about that than public policy.
I disagree there. The #1 reason/problem is the leftoid definition of "crime".
Wrong-think, wrong-speak, are wrong-meet are sever crimes to be treated harshly. Did you know we have a criminal offence here called "uttering" ? Up to 5 years in the slammer for using forceful words to convey a concept.
REAL crimes always have an excuse and mitigating factors so the idea is go easy, be sympathetic and rehabilitate.
well the only ones who falsely claim we are in an abyss are the RWNJ'S
most of the normal people are doing just fine
local homes are selling for record prices near every store has help wanted signs USED CARS ARE GETTING CHEAPER unemployment is down under 3% as is current inflation builders were building untill the govinator RWNJ screwed up and ran off all the illegals who were most of the workers and the doom and gloom is only from the RWNJ'S
some may want to start culture wars mostly religious nuts THERE other then that we are doing fine AND EVEN THE LYING RWNJ CAN'T STOP PROGRESS
Did you know we have a criminal offence here called "uttering" ? Up to 5 years in the slammer for using forceful words to convey a concept..
As far as I know every legislature everywhere in the world agrees that it should be against the law to threatens a person with death. The reasons are obvious.
Are you seriously trying to argue that there should be no penalty for threatening to kill another person? If so then you are "softer on crime" than any liberal anywhere.
[This message has been edited by fredtoast (edited 07-28-2023).]
Originally posted by fredtoast: As far as I know every legislature everywhere in the world agrees that it should be against the law to threatens a person with death. The reasons are obvious.
Are you seriously trying to argue that there should be no penalty for threatening to kill another person?
Really?
Yup, really...
The "threat" (I prefer the term "warning") conveys the message of the consequences of an an individuals actions quite clearly.
IE: Break into my home and you wont walk out alive....
or something along the lines of this.....
(Yup, that IS a death threat/warning for trespassing.)
If the words make you afraid and think twice about your planned actions.....GOOD! Thats exactly what they were intended to do.
Again, as far as I know every legislature everywhere has determined that it is against the law to incite violence. Again, the reasons are obvious. It is a threat to public safety.
You really are "soft on crime". What else do you want to make legal? Fraud? Libel? Enticement of a minor? Perjury? I mean, it's all just "talkin", right?"
Originally posted by fredtoast: Again, as far as I know every legislature everywhere has determined that it is against the law to incite violence. Again, the reasons are obvious. It is a threat to public safety.
You really are "soft on crime". What else do you want to make legal? Fraud? Libel? Enticement of a minor? Perjury? I mean, it's all just "talkin", right?"
What I would like to make "legal" is genocide and cleansing....It's about the only way we are going to get rid of the Marxists and their jackboot-enforced "social values", censorship and Orwellian thought-control. There IS no "peaceful co-existing" with the leftoid scum. They are determined to be in charge, and I am equally determined they wont be.
[This message has been edited by MidEngineManiac (edited 07-28-2023).]
What I would like to make "legal" is genocide and cleansing....It's about the only way we are going to get rid of the Marxists and their jackboot-enforced "social values", censorship and Orwellian thought-control. There IS no "peaceful co-existing" with the leftoid scum. They are determined to be in charge, and I am equally determined they wont be.
I know a lot of you think this type of talk is funny, but it is actually pretty scary.
This is exactly the type of stuff mass shooters post.
A lot of people here don't like "leftist", I understand that, But MEM repeatedly endorses violence and murder aimed at the left. Don't we have some duty to report this to authorities? I mean all the Second Amendment people claim that guns don't kill and the problem is mentally ill people. So if they really want to stop mass killings shouldn't they help warn authorities of mentally ill people preaching violence and murder?
If these types of comments ae not a "red flag" then what is?
[This message has been edited by fredtoast (edited 07-28-2023).]
Originally posted by fredtoast: I know a lot of you think this type of talk is funny, but it is actually pretty scary.
This is exactly the type of stuff mass shooters post.
A lot of people here don't like "leftist", I understand that, But MEM repeatedly endorses violence and murder aimed at the left. Don't we have some duty to report this to authorities? I mean all the Second Amendment people claim that guns don't kill and the problem is mentally ill people. So if they really want to stop mass killings shouldn't they help warn authorities of mentally ill people preaching violence and murder?
If these types of comments ae not a "red flag" then what is?
Awwwwww.....
You seem to have missed all the posts where I say society isnt fixable, terrorism is useless and what is needed is something along the lines of a nuclear Armageddon, ELE asteroid strike, or a super volcano or something along those lines..
Your thinking too small.
Think big to solve problems.
As for a few rabid leftoids....nope, cant be bothered shootin 'em simply because I am smart enough to know a few wont make any difference. I am however quite happy to smile when somebody else is dumb enough to do it.
BTW, thanks for the perfect example on free speech, free thought, censorship and political-correctness.....
[This message has been edited by MidEngineManiac (edited 07-28-2023).]
Originally posted by MidEngineManiac: You seem to have missed all the posts where I say society isnt fixable, terrorism is useless and what is needed is something along the lines of a nuclear Armageddon, ELE asteroid strike, or a super volcano or something along those lines.
"Genocide and cleaning" is nothing like a natural disaster or nuclear Armageddon that kills everyone. Genocide is the systematic killing of ONLY members of a certain group.
And I also did not miss your post where you endorsed stabbing individuals to death.
Can anyone who cares about mentally ill people committing mass killings tell me why MEMs comments should not be considered a "red flag"?
Disaster, Genocide, Plague.....I'm really not to fussy about the mechanism, so long as the job gets done.
If it kills me, OH WELL, I'll die sooner or later anyway.
If I survive, I am rid of the P-C leftoid wokester garbage of all flavors. They have finally SHUT UP.
Either way I win. The are eliminated. Which is what really matters.
Dont EVER underestimate my pure hatred for the left (I have my reasons, but they wanted to **** with me. Payback is a ***** )). Yes, I am willing to support the slaughter of an entire planet to beat them. Simple collateral damage.
They started the "zero tolerance" stuff 30 years ago. I just perfected it and threw it back at them.
[This message has been edited by MidEngineManiac (edited 07-28-2023).]
Originally posted by fredtoast: "Genocide and cleaning" is nothing like a natural disaster or nuclear Armageddon that kills everyone. Genocide is the systematic killing of ONLY members of a certain group. And I also did not miss [MEM's] post where [he] endorsed stabbing individuals to death.
Can anyone who cares about mentally ill people committing mass killings tell me why MEM's comments should not be considered a "red flag"?
MEM's remarks aren't very specific. He rails against nebulous categories like "leftists" but he doesn't narrow it down to a specific target. Even when he rails against the "Muzz" (Muslims) he doesn't single out any individual Muslim or group of Muslims. He talks about firearms, but not to the extent where I think he has or even wants to have an actual firearm. He seems more interested in crossbows and other "offbeat" weapons and projectiles.
It's a tiresome spectacle to be aware of as I scroll over it to examine what else has been posted, but I have not been alarmed by it.
I wish for his own sake that he would realize that this constant "venting" online has no benefit for him whatsoever. If these societal issues are really of any importance to him, he should try to involve himself in some tangible way, beyond anything he may already be doing in that regard. If he were to do that, to become an activist or become tangibly involved in some (furher) way, he wouldn't be constantly venting like this.
He should look for an active chapter of "RWNJs" in his area.
It would be ideal if he could be "In The Navy", where he could "put his mind at ease."
Unfortunately, that's not a possibility for him.
[This message has been edited by rinselberg (edited 07-28-2023).]
MEM's remarks aren't very specific. He rails against nebulous categories like "leftists" but he doesn't narrow it down to a specific target. Even when he rails against the "Muzz" (Muslims) he doesn't single out any individual Muslim or group of Muslims. He talks about firearms, but not to the extent where I think he has or even wants to have an actual firearm. He seems more interested in crossbows and other "offbeat" weapons and projectiles.
It's a tiresome spectacle to be aware of as I scroll over it to examine what else has been posted, but I have not been alarmed by it.
I wish for his own sake that he would realize that this constant "venting" online has no benefit for him whatsoever. If these societal issues are really of any importance to him, he should try to involve himself in some tangible way, beyond anything he may already be doing in that regard. If he were to do that, to become an activist or become tangibly involved in some (furher) way, he wouldn't be constantly venting like this.
He should look for an active chapter of "RWNJs" in his area.
It would be ideal if he could be "In The Navy", where he could "put his mind at ease."
Unfortunately, that's not a possibility for him.
Rinsey, arguing politics and being outragous on the intertwebs is a hobby. Kind of a fun one too...
Offline, I am pretty much a hermit. I take the dog out at times of day when I know nobody will be around, I dont bother with social "anything" really apart from a few people, I do as much shopping online as I can and the rest at 7am when walmart is pretty much empty. And all of my hobbies are solitary-type.
I find people and modern society tiring and dont want to be bothered in any way, shape or form. I've been "cancelled" out of 5 different jobs/contracts over the past 20 years butting heads with "you cant say that" wokesters, had my entire life turned upside down and destroyed twice by them and finally smartened up and took my retardedment pension at 55. Any "work" I do is alone and I only deal with people very-very briefly to exchange goods/money. If I can do a covid-type porch pic-up to avoid even that I will.
NO ! I wont fix anything for them !!!! Simply because when something else breaks on that piece of **** in 3 weeks they are going to try coming back and accusing me of doing something to get more money, and demanding free repairs. They will NOT shut-da-fuk-up and go away until I get really-really hostile with them, then I am the one dealing with cops. DONT need the grief. The same applies across a bunch of areas. Wanna open yer yap to argue ? Ya deserve death. Then ya wont be arguing anymore.
I just dont wanna deal with them. Believe me, if health and life circumstances (Kim) allowed for it, my closest neighbor would be at least 3km away and I would be happy as a pig in sheet. Just like I was 20 years ago before all this wokester crap and fighting in my life started.....the timing of which, strangely enough, coincides with me leaving aviation because of the 9-11 fallout and entering the corporate workforce. I really dont get along with those frackers.
If I had to pick one T-shirt to wear in public every day, it would say "Shut Up, Frack Off, and DONT BOTHER ME"
[This message has been edited by MidEngineManiac (edited 07-28-2023).]
Disaster, Genocide, Plague.....I'm really not to fussy about the mechanism, so long as the job gets done.
If it kills me, OH WELL, I'll die sooner or later anyway.
If I survive, I am rid of the P-C leftoid wokester garbage of all flavors. They have finally SHUT UP.
Either way I win. The are eliminated. Which is what really matters.
Dont EVER underestimate my pure hatred for the left (I have my reasons, but they wanted to **** with me. Payback is a ***** )). Yes, I am willing to support the slaughter of an entire planet to beat them. Simple collateral damage.
They started the "zero tolerance" stuff 30 years ago. I just perfected it and threw it back at them.
I dislike a lot of policies from the right. There are a few specific individuals on the right that I really detest.
But claiming that I would be happy for everyone on earth to die just over political policy is straight up mental illness. Neither the Left nor the Right in this country has committed atrocities that come anywhere near the level to justify that hatred.
