Profile | Entries | Thread Author | Posts | Activity |
---|---|---|---|---|
@BigGame90
Not mine but thx https://www.foxbusiness.com/markets/gdp-report-warning-stagflation-stephen-moore |
fubah2 | 4404 |
|
|
The Commerce Department reported today that the high-flying U.S. economy with a 6.7% rate of growth in the U.S. economy for the first half of this year crash landed in the third quarter (July-September) with an anemic rate of just 2 percent. What the new report shows is that the supply chain disruptions – getting productions from the plants and the cargo ships to the retail customers – is creating havoc. Car sales, for example, were way down because of microchip shortages. Many grocery stores now have empty shelves of produce and vegetables. This slow growth rate comes at a time when inflation has hit its highest level in more than a decade at 5.6% and consumer confidence in the economy has tumbled. All of this is a bit reminiscent of the economy of the 1970s. Anyone remember the term stagflation? Those under the age of 40 probably don’t even know what that is – and they’ve certainly never experienced it up front and personal. Here’s the official definition from Investopedia: Stagflation is characterized by slow economic growth, which is at the same time accompanied by rising prices (i.e. inflation)." The last time we saw this phenomenon was in the 1970s during the era of presidents Nixon, Ford, and Carter. Years of persistently high inflation triggered a surge in unemployment. That then led to the term "misery index." The sum of the inflation rate and the unemployment rate. It exceeded 18% in Carter’s last year in office. And then it was…Jimmy we hardly knew ye. With the economy sagging, Carter lost a landslide election to Ronald Reagan. The lesson here is straightforward: Stagflation is the ultimate curse for politicians. How bad is it now? Inflation, which had been relatively tame for 40 years, has been a cascading problem in Biden’s first ten months in office. The Consumer Price Index suddenly galloped from less than 2% in the Trump years to between 5 and 6% for the past four months and the cross your fingers hope by the Federal Reserve Board and the White House that the sticker-price rises at the grocery store, the restaurant and the gas station were only "transitory" have melted away like an ice cream cone on an August afternoon. To be fair to Biden some of that steep rise in prices was bound to happen due to the depressed prices during 2020 – the pandemic year. As consumer spending popped like a cork from a champagne bottle when lockdowns ended and the economy returned to normal there was a natural demand response to reopening. But nearly every Biden policy has made inflation and the economic slowdown worse. The absurd $1.9 trillion blue state bailout bill passed in March marinated the economy with hundred dollar bills as if dropping like confetti from helicopters. Worse yet has been the expansion of welfare programs like food stamps and unemployment benefits (not tied to working). These free cash and benefit programs incentivized workers to stay out of the workforce and collect government payments that when added all up could be the equivalent of a $75,000 a year job in many states. The big surprise was that the labor force shrunk and companies had 11 million jobs they couldn’t fill. |
fubah2 | 4404 |
|
|
@BigGame90 But they can do whatever they want in this sub.... anyone who calls out the lunacy of the ways gets boxed / banned....
|
fubah2 | 4404 |
|
|
Nice weekend WB... Buccs 1H & 2H plays made up big for Mahome's going out and the Chiefs failing to cover for me yesterday |
WrightTheBright | 111 |
|
|
Quote Originally Posted by BigPell:
@undermysac The line opened at bills -1.5 and swung 4.5 points in a matter of minutes. They might know he’s not playing. Closer to 5-5.5 with Mahomes. wtf is this nonsense??? It opened -2.5/3 at every single book in Vegas and offshore.... your upstate NY local's opening line is not "the opening line" If the books were worried about his status then they would've held the line off to begin with. Dude is playing Sunday, question is how effective will he be with the toe injury. |
Digitalkarma | 42 |
|
|
@Trumpinator2020 a winner is a winner |
Trumpinator2020 | 8 |
|
|
missed extra point going to come back to haunt the 6.5 hook ??? |
Macwestie1 | 398 |
|
|
LIVE Rams +10.5 2u |
kcblitzkrieg | 475 |
|
|
Quote Originally Posted by DoubleUp4Life:
Quote Originally Posted by jpot34: @DoubleUp4Life Terrorist attack? Then what the hell was BLM/ANTIFA doing all year? Wake up and leave the CULT Brother . Pay attention to the FACTS there are more troops guarding the Capitol than in Iraq and Afghanistan combined ... All because your orange messiah incited his Cult of Nazi's , Confederates and morons to attack the Capitol .. Normally avoid the cesspool that is politics but seriously D-UP? I am not a Trump supporter by any means but how can you condone the capital actions but give the summer riots a pass? In all of these instances there were legitimate "protest" people that were outweighed by "riot" and "personal political agenda" people causing all the f-d up non-sense we all saw all summer and earlier this month. There is a difference in the reasoning for the two but the fact that rioting/looting/burning/attempted insurrection is being separated by the left & mass media can't be denied. Hope you aren't on the side that says BLM/ANTIFA looting & burning down cities is OK... To add to it, the white nationalist insurrection that tried to "overthrow" the government is quit comical to me. You are correct in the number of troops around the Capital. Do you think the fact that all those loons were allowed to enter the Capital building wasn't by design? Rewind back to BLM Capital protests, you saw all the military protection Trump had out there. You don't think he could've put the same protection out on that day? Of course he could've, just chose not to because it didn't benefit him. |
deepstate | 83 |
|
|
? |
kcblitzkrieg | 131 |
|
|
@Ih8coldweather What if Wink doesn't blitz at his customarily 30% number? Say he gets pressure with his front 4 and plays zone / base def 90% of the time against Allen. Essentially limiting the number of opportunities Allen has to make plays in his favor? This is what teams do to Mahomes.... just a thought. |
Ih8coldweather | 17 |
|
|
@GustavoFring I'll add one.... Ravens are the most blitz heavy team in the league... Allen, like all top tier QBs, kills it against the blitz 1st in TDs and yards vs. blitz pressure |
GustavoFring | 107 |
|
|
replied to
GucciCapper posted quite LATE on the Spurs, so will do the Texas Two Step and Post Very EARLY for this game...Lets Get Get Get it Boys!
in NBA Betting @GucciCapper Toronto doesn't play home games in Toronto anymore fyi... |
GucciCapper | 21 |
|
|
Berry did play weeks 15 and 16. Berry came back vs the Chargers and was on snap count and played only the first half as KC held the Chargers to 7 first half points. He did play the whole game on the road vs Seattle where after the game his heel flared up again. While he isn’t the dominating safety he has been in the past you can’t underestimate the positive impact it will have in the kc defense in this game at arrowhead. |
bpickin | 15 |
|
|
Quote Originally Posted by DogbiteWilliams:
My conjecture: The sportsbooks really don't like to move off 3 for obvious reasons, and the news didn't result in tons of money on KC to force such a line move. This exactly nailed it |
bpickin | 15 |
|
|
Pretty sure Tommy boy is born and raised California kid.... stop with the nonsense, we aren’t talking about either QB from a dome team coming into the cold |
Polar_Bear | 62 |
|
|
Quote Originally Posted by Achilles1629:
Not sure why everyone is so infatuated with the weather. It’s January....it’s usually cold. Not a big deal. Both teams have played in it before. |
lancer89074 | 17 |
|
|
Guys...Mahomes just played last weeks playoff game in sub freezing temperatures.... |
Polar_Bear | 62 |
|
|
*** Eric Berry practiced in full today ***
|
gutinstinctus | 66 |
|
|
[/Quote]Brees is 6-1 at home, the only current qbs undefeated at home in playoffs min 2 starts are Flacco and Luck both 2-0[/Quote] sorry realized you just meant Brees himself |
bmiller1632 | 13 |
|
If you choose to make use of any information on this website including online sports betting services from any websites that may be featured on this website, we strongly recommend that you carefully check your local laws before doing so.It is your sole responsibility to understand your local laws and observe them strictly.Covers does not provide any advice or guidance as to the legality of online sports betting or other online gambling activities within your jurisdiction and you are responsible for complying with laws that are applicable to you in your relevant locality.Covers disclaims all liability associated with your use of this website and use of any information contained on it.As a condition of using this website, you agree to hold the owner of this website harmless from any claims arising from your use of any services on any third party website that may be featured by Covers.