Utopia Talk - Politics - US 1st quarter GDP forecast -1.5%

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Utopia Talk / Politics / US 1st quarter GDP forecast -1.5%

murder
Member Fri Feb 28 16:12:08
The Atlanta Fed’s GDPNow tracker of incoming data is indicating that gross domestic product is on pace to shrink by 1.5% for the first quarter.

http://www...lanta-fed-indicator-says-.html

Rugian
Member Fri Feb 28 16:18:16
Time for Trump to get the ol' sharpie out and start making edits.

Im better then you
2012 UP Football Champ Fri Feb 28 17:28:52
Cause no one will realize the economy is shrinking.

Average Ameriacn
Member Fri Feb 28 17:47:15
The tarifs will give us so much money that our economy will grow again. Just wait and see.

obaminated
Member Fri Feb 28 21:54:30
You know when you punish a kid they don't immediately obey. They think if they cry, scream and barter they will get their way. In other words the kid will fight against rules being enforced. Guess what's happening? The world is fighting back at the new order and they will quickly realize they have no power. Like Canada learned. Shit. We might make greenland a new state... rofl.

murder
Member Sat Mar 01 03:16:10

MAGA laughing all the way to the destruction of the US.

The stupidest man alive destroying the greatest country the world has ever seen with the help of the next 77,302,580 stupidest people alive.

Dukhat
Member Sat Mar 01 07:23:49
MAGA lives in facebook memes and twitter echo chambers. Reality never touches their brains which is how you get people like obaminated and cherub.

patom
Member Sun Mar 02 05:55:01
Average "The tarifs will give us so much money that our economy will grow again. Just wait and see."

LOL. So we on this side of the border will see the benefits? How??

New England almost exclusively on one oil refinery. That refinery is located in Saint John, New Brunswick, Canada. Irving Oil Refinery. They own multiple tank farms where gasoline, #2 Fuel Oil, Diesel, Propane, kerosene etc. are stored. The larges being their tank farm in Revere Mass. They sell more petroleum products through the Revere tank farm than they do to all their other market areas, including Maine, Quebec, New Brunswick, Nova Scotia, Newfoundland, Prince Edward Island combined.
Whatever tariff is levied on those products will be immediately put on the buyers of those products. Which means the consumers.
New England is also a huge customer of Hydro Quebec and other suppliers in Canada that generate Electric power.

Once again Trusk is taking care of the average Americans?

williamthebastard
Member Sun Mar 02 05:58:08
My american buddy from a trump family who lives in Sweden says he's started saying he's canadian because he's so ashamed

Rugian
Member Sun Mar 02 06:06:10
Patom

New England voted for Kamala. Your interests are not Trump's priority.

Should have voted for the right man.

patom
Member Sun Mar 02 07:01:32
Rugian, if I Recall you live in the Boston area. I'm guessing that you don't have to drive much so you don't care. But you probably have electric bills, all products that you do buy have to be transported by truck. Your prices will go up along with mine. Fortunately I don't put more than 20 miles a week on my car. But I do heat with oil.

Rugian
Member Sun Mar 02 07:23:09
patom

I made a post on this a few weeks ago. Massachusetts already has some of the highest electricity rates in the entire country.

There's a lot of reasons for that...but Democratic policies & liberal activists both here and in New York and Maine have contributed to that. So no, I'm not aligned with your side on this one.

patom
Member Sun Mar 02 14:17:23
Didn't ask you to align to my side. You will be in the same boat as me though. So pick up an oar and row or you won't get any food or water :)

murder
Member Mon Mar 03 19:22:03

Holy crap!

Latest US 1st quarter GDP forecast: -2.8 percent

— March 03, 2025

http://www.atlantafed.org/cqer/research/gdpnow

Either the Atlanta fed has mucked something up, or we're screwed.

-

Rugian
Member Mon Mar 03 19:32:49
Murder

It's a volatile forecast by design - it's normal for it to experience wild swings as the Fed feeds it new data points each day.

It was at +3.9% as of early February for context.

show deleted posts

murder Member	Fri Feb 28 16:12:08 The Atlanta Fed’s GDPNow tracker of incoming data is indicating that gross domestic product is on pace to shrink by 1.5% for the first quarter. http://www...lanta-fed-indicator-says-.html
Rugian Member	Fri Feb 28 16:18:16 Time for Trump to get the ol' sharpie out and start making edits.
Im better then you 2012 UP Football Champ	Fri Feb 28 17:28:52 Cause no one will realize the economy is shrinking.
Average Ameriacn Member	Fri Feb 28 17:47:15 The tarifs will give us so much money that our economy will grow again. Just wait and see.
obaminated Member	Fri Feb 28 21:54:30 You know when you punish a kid they don't immediately obey. They think if they cry, scream and barter they will get their way. In other words the kid will fight against rules being enforced. Guess what's happening? The world is fighting back at the new order and they will quickly realize they have no power. Like Canada learned. Shit. We might make greenland a new state... rofl.
murder Member	Sat Mar 01 03:16:10 MAGA laughing all the way to the destruction of the US. The stupidest man alive destroying the greatest country the world has ever seen with the help of the next 77,302,580 stupidest people alive.
Dukhat Member	Sat Mar 01 07:23:49 MAGA lives in facebook memes and twitter echo chambers. Reality never touches their brains which is how you get people like obaminated and cherub.
patom Member	Sun Mar 02 05:55:01 Average "The tarifs will give us so much money that our economy will grow again. Just wait and see." LOL. So we on this side of the border will see the benefits? How?? New England almost exclusively on one oil refinery. That refinery is located in Saint John, New Brunswick, Canada. Irving Oil Refinery. They own multiple tank farms where gasoline, #2 Fuel Oil, Diesel, Propane, kerosene etc. are stored. The larges being their tank farm in Revere Mass. They sell more petroleum products through the Revere tank farm than they do to all their other market areas, including Maine, Quebec, New Brunswick, Nova Scotia, Newfoundland, Prince Edward Island combined. Whatever tariff is levied on those products will be immediately put on the buyers of those products. Which means the consumers. New England is also a huge customer of Hydro Quebec and other suppliers in Canada that generate Electric power. Once again Trusk is taking care of the average Americans?
williamthebastard Member	Sun Mar 02 05:58:08 My american buddy from a trump family who lives in Sweden says he's started saying he's canadian because he's so ashamed
Rugian Member	Sun Mar 02 06:06:10 Patom New England voted for Kamala. Your interests are not Trump's priority. Should have voted for the right man.
patom Member	Sun Mar 02 07:01:32 Rugian, if I Recall you live in the Boston area. I'm guessing that you don't have to drive much so you don't care. But you probably have electric bills, all products that you do buy have to be transported by truck. Your prices will go up along with mine. Fortunately I don't put more than 20 miles a week on my car. But I do heat with oil.
Rugian Member	Sun Mar 02 07:23:09 patom I made a post on this a few weeks ago. Massachusetts already has some of the highest electricity rates in the entire country. There's a lot of reasons for that...but Democratic policies & liberal activists both here and in New York and Maine have contributed to that. So no, I'm not aligned with your side on this one.
patom Member	Sun Mar 02 14:17:23 Didn't ask you to align to my side. You will be in the same boat as me though. So pick up an oar and row or you won't get any food or water :)
murder Member	Mon Mar 03 19:22:03 Holy crap! Latest US 1st quarter GDP forecast: -2.8 percent — March 03, 2025 http://www.atlantafed.org/cqer/research/gdpnow Either the Atlanta fed has mucked something up, or we're screwed. -
Rugian Member	Mon Mar 03 19:32:49 Murder It's a volatile forecast by design - it's normal for it to experience wild swings as the Fed feeds it new data points each day. It was at +3.9% as of early February for context.
	show deleted posts

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