I didn't really go to any lengths I just cited easy to find data because instead of believing a headline I looked at the reports....like say "hey Donnyboy you're full of crap they didn't drop the hours worked to make wages look good and outright lie about job totals" but you can't because they did..... So again.....wages down, bank reserves upside down at the big bank level worse at the regional level (remember Silicon Valley going tits up in the best economy ever), private sector jobs shrinking, home sales dropping, auto sales dropping, personal savings down from 11% in 21 to 3.3% in 23, personal debt at 17.5 Trillion with non housing debt being 4.7 Trillion largest totals ever, money being issued at reckless rates, commercial real estate value down 22% from March 22 peak, bankruptcy fillings are up at 433K year ending Sept 23 from 380K previous year..... and saying the economy is great....how based on what....reports that a first year finance student can find the crap in? A lot of it started before covid during Trump's admin...a lot was exacerbated by covid....Biden didn't hold any office when a ton of this mess got rolling. But they are peeing on our leg and telling us that it's raining. I don't care who is in office that isn't a good thing....if my momma was president I'd call BS on these reports. What am I supposed to give credit for here.....being extremely creative with economic reports? You remember back in the ancient times of the 1990s and 2000s when any one those was a cause for concern? Now it is a signal of historically good economic times....just ask the people manipulating the data.
