The Economy

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DiabloWags
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BearlySane88 said:



Good job ignoring my whole post because I told you why I'd vote for him again


I ignored your post because I'm putting you on ignore. You're not worth my time anymore.
"Cults don't end well. They really don't."
BearlySane88
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DiabloWags said:

BearlySane88 said:



Good job ignoring my whole post because I told you why I'd vote for him again


I ignored your post because I'm putting you on ignore. You're not worth my time anymore.



Lmaooooooo. This is too funny. Stay in your echo chamber buddy. You ask questions, get answers you don't like, and then run.
BearlySane88
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movielover
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Chevron claims they can double oil production in Venezuela almost immediately, but further gains will take 12 - 18 months.

PAC-10-BEAR
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DiabloWags said:

BearlySane88 said:

Eastern Oregon Bear said:

BearlySane88 said:

That'll happen when you cut a ton of wasteful government jobs

I don't think finding wasteful jobs was even a minor consideration


You know Trump ran on clearing waste, fraud and abuse right?

Pretty sure it was a lot more than a minor consideration lmao


You know that Trump ran on:

"No more Wars"

"No more regime change"

"No more nation building"

"No more being the world's policeman"

How is he doing so far?


"No more endless Wars"

"No more regime change" <--Waiting to see if the U.S. ends up deploying boots on the ground
,
"No more nation building" <---Trump shut down USAID, 86% of awards set aside for nation building. Billions cut. Sycasey still mad.

"No more being the world's policeman" <--Trump pressured NATO countries and Japan and Korea to increase defense spending. NATO chief buckled, called Trump, "daddy".

How is he doing so far? <--A minus! Let's go.
DiabloWags
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movielover said:

Chevron claims they can double oil production in Venezuela almost immediately, but further gains will take 12 - 18 months.




Here, let me help educate you on what the Vice Chairman of Chevron actually said to provide context
By the way, think that Exxon Mobil and Conoco want to go back in there a 3rd time?
Think again.

Chevron is currently producing 240,000 barrels per day in Venezuela.
A 50% increase would get them up to 360,000 barrels in 18 - 24 months, said Mark Nelson.



Exxon calls Venezuela 'Uninvestable' as Trump pushes oil plan
"Cults don't end well. They really don't."
movielover
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Argentina has repaid US for currency swap deal.
movielover
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No, this is what he recently said.

Wirth said that with current personnel (3,000) and equipment (4 locations) on site, Chevron could likely double capacity almost immediately.

However, from there it would take approximately 18-months to gain more significant outputs.

You give no source from your posting.
BearlySane88
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movielover said:

No, this is what he recently said.

Wirth said that with current personnel (3,000) and equipment (4 locations) on site, Chevron could likely double capacity almost immediately.

However, from there it would take approximately 18-months to gain more significant outputs.

You give no source from your posting.


Must just be true if Wags says it
movielover
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GDP

JBiden Q4 2024 - 2.4%

Trump Q3 2025 - 4.3%

Change: 79%
DiabloWags
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movielover said:

GDP

JBiden Q4 2024 - 2.4%

Trump Q3 2025 - 4.3%

Change: 79%


Why would anyone compare different quarters instead of the same quarter comparison year over year?

No one in the business world does this.
No one.
"Cults don't end well. They really don't."
cal83dls79
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The financial analyst that gives that report to his boss is put on the slow track. Worthless
Priest of the Patty Hearst Shrine
movielover
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DiabloWags said:

movielover said:

GDP

JBiden Q4 2024 - 2.4%

Trump Q3 2025 - 4.3%

Change: 79%


Why would anyone compare different quarters instead of the same quarter comparison year over year?

No one in the business world does this.
No one.


False. All kinds of data are looked at. Monthly sales, quarterly sales, rolling three month average, margins, category margins, gross sales, gross profit, etc.

When Q4 comes out we'll have that to add. Lots of upward trajectory.

Will we hit a quarterly 6% growth??!!
movielover
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1950 Q1 had a 16.7% GDP.
DiabloWags
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movielover said:

DiabloWags said:

movielover said:

GDP

JBiden Q4 2024 - 2.4%

Trump Q3 2025 - 4.3%

Change: 79%


Why would anyone compare different quarters instead of the same quarter comparison year over year?

No one in the business world does this.
No one.


False. All kinds of data are looked at. Monthly sales, quarterly sales, rolling three month average, margins, category margins, gross sales, gross profit, etc.



I'm sorry, but your knowledge base when it comes to the economy and basic economic performance metrics is incredibly poor. Quarterly GDP is always a YoY comparison.

When publicly traded companies report the above metrics, they are compared to the SAME PERIOD YEAR OVER YEAR.

Again, its shocking that you are totally unaware of this.
"Cults don't end well. They really don't."
BearlySane88
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DiabloWags said:

movielover said:

DiabloWags said:

movielover said:

GDP

JBiden Q4 2024 - 2.4%

Trump Q3 2025 - 4.3%

Change: 79%


Why would anyone compare different quarters instead of the same quarter comparison year over year?

No one in the business world does this.
No one.


False. All kinds of data are looked at. Monthly sales, quarterly sales, rolling three month average, margins, category margins, gross sales, gross profit, etc.



I'm sorry, but your knowledge base when it comes to the economy and basic economic performance metrics is incredibly poor. Quarterly GDP is always a YoY comparison.

When publicly traded companies report the above metrics, they are compared to the SAME PERIOD YEAR OVER YEAR.

Again, its shocking that you are totally unaware of this.



I'll give this a B-

Some good teaching info, too many personal jabs for the recipient to actually receive the information
movielover
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DiabloWags said:

movielover said:

DiabloWags said:

movielover said:

GDP

JBiden Q4 2024 - 2.4%

Trump Q3 2025 - 4.3%

Change: 79%


Why would anyone compare different quarters instead of the same quarter comparison year over year?

No one in the business world does this.
No one.


False. All kinds of data are looked at. Monthly sales, quarterly sales, rolling three month average, margins, category margins, gross sales, gross profit, etc.



I'm sorry, but your knowledge base when it comes to the economy and basic economic performance metrics is incredibly poor. Quarterly GDP is always a YoY comparison.

When publicly traded companies report the above metrics, they are compared to the SAME PERIOD YEAR OVER YEAR.

Again, its shocking that you are totally unaware of this.



I wasn't submitting a piece for publication to the Economist, I was posting on a forum were Wagalicious posters brag about their alleged $5M portfolio, "blessed life", and badger people about what kind of hooptie they drive.

I posted something shorthand, posting Q1, Q2, Q3 might have been better. Then you'd whine about that. When the Q4 blockbuster non-Covid-rebound number comes out, you'll screech "what about the soybeans!"
cal83dls79
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movielover said:

DiabloWags said:

movielover said:

GDP

JBiden Q4 2024 - 2.4%

Trump Q3 2025 - 4.3%

Change: 79%


Why would anyone compare different quarters instead of the same quarter comparison year over year?

No one in the business world does this.
No one.


False. All kinds of data are looked at. Monthly sales, quarterly sales, rolling three month average, margins, category margins, gross sales, gross profit, etc.

When Q4 comes out we'll have that to add. Lots of upward trajectory.

Will we hit a quarterly 6% growth??!!

I'll give this a D-

Some poor teaching info, and no personal jabs so the recipient could actually focus on the meaningless information. This is good Movie.
Orange slices for you!
Priest of the Patty Hearst Shrine
BearlySane88
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cal83dls79 said:

movielover said:

DiabloWags said:

movielover said:

GDP

JBiden Q4 2024 - 2.4%

Trump Q3 2025 - 4.3%

Change: 79%


Why would anyone compare different quarters instead of the same quarter comparison year over year?

No one in the business world does this.
No one.


False. All kinds of data are looked at. Monthly sales, quarterly sales, rolling three month average, margins, category margins, gross sales, gross profit, etc.

When Q4 comes out we'll have that to add. Lots of upward trajectory.

Will we hit a quarterly 6% growth??!!

I'll give this a D-

Some poor teaching info, and no personal jabs so the recipient could actually focus on the meaningless information. This is good Movie.
Orange slices for you!


A for effort, F for quality. I'll allow you to redo the assignment for half credit.
DiabloWags
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Aunburdened said:

LudwigsFountain said:

cal83dls79 said:

Households earning more than $150,000 a year now buy 43% of the new cars sold in the U.S., up from 30% in 2019, according to Cox Automotive. Meanwhile, households earning less than $75,000 make up just 26% of sales, down from 37%.

That shift helped push the average new vehicle sales price above $50,000 for the first time ever in September, as higher-income buyers gravitated toward larger, more expensive vehicles.

"We have inventory under $40,000 it's just not moving the way it used to because the buyers who would've purchased it can't afford new vehicles anymore," Cox Automotive executive analyst Erin Keating said on a December call.

I'm amazed anyone buys a new car. My strategy was to buy low mileage certified used ones, maintain them religiously and drive them as long as possible. Got 420,000 miles out of the last one.

My first two new cars were each less than $20,000. Then we had kids and upgraded to a minivan that was around $30K. New car smell was worth it at those prices. Not at current prices. Will buy used going forward.


Personally, I wouldn't be caught dead driving a Minivan.
It strikes me as something that women drive for mundane errands with the kids.
Zero driving excitement.

But maybe that's just me.



"Cults don't end well. They really don't."
Aunburdened
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DiabloWags said:

Aunburdened said:

LudwigsFountain said:

cal83dls79 said:

Households earning more than $150,000 a year now buy 43% of the new cars sold in the U.S., up from 30% in 2019, according to Cox Automotive. Meanwhile, households earning less than $75,000 make up just 26% of sales, down from 37%.

That shift helped push the average new vehicle sales price above $50,000 for the first time ever in September, as higher-income buyers gravitated toward larger, more expensive vehicles.

"We have inventory under $40,000 it's just not moving the way it used to because the buyers who would've purchased it can't afford new vehicles anymore," Cox Automotive executive analyst Erin Keating said on a December call.

I'm amazed anyone buys a new car. My strategy was to buy low mileage certified used ones, maintain them religiously and drive them as long as possible. Got 420,000 miles out of the last one.

My first two new cars were each less than $20,000. Then we had kids and upgraded to a minivan that was around $30K. New car smell was worth it at those prices. Not at current prices. Will buy used going forward.


Personally, I wouldn't be caught dead driving a Minivan.
It strikes me as something that women drive for mundane errands with the kids.
Zero driving excitement.

But maybe that's just me.





I'm sorry, but not surprised, that you never found a woman who wanted to bear your children
DiabloWags
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Aunburdened said:

DiabloWags said:

Aunburdened said:

LudwigsFountain said:

cal83dls79 said:

Households earning more than $150,000 a year now buy 43% of the new cars sold in the U.S., up from 30% in 2019, according to Cox Automotive. Meanwhile, households earning less than $75,000 make up just 26% of sales, down from 37%.

That shift helped push the average new vehicle sales price above $50,000 for the first time ever in September, as higher-income buyers gravitated toward larger, more expensive vehicles.

"We have inventory under $40,000 it's just not moving the way it used to because the buyers who would've purchased it can't afford new vehicles anymore," Cox Automotive executive analyst Erin Keating said on a December call.

I'm amazed anyone buys a new car. My strategy was to buy low mileage certified used ones, maintain them religiously and drive them as long as possible. Got 420,000 miles out of the last one.

My first two new cars were each less than $20,000. Then we had kids and upgraded to a minivan that was around $30K. New car smell was worth it at those prices. Not at current prices. Will buy used going forward.


Personally, I wouldn't be caught dead driving a Minivan.
It strikes me as something that women drive for mundane errands with the kids.
Zero driving excitement.

But maybe that's just me.





I'm sorry, but not surprised, that you never found a woman who wanted to bear your children


Cool story.
Zoom Zoom!


"Cults don't end well. They really don't."
BearlySane88
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DiabloWags said:

Aunburdened said:

LudwigsFountain said:

cal83dls79 said:

Households earning more than $150,000 a year now buy 43% of the new cars sold in the U.S., up from 30% in 2019, according to Cox Automotive. Meanwhile, households earning less than $75,000 make up just 26% of sales, down from 37%.

That shift helped push the average new vehicle sales price above $50,000 for the first time ever in September, as higher-income buyers gravitated toward larger, more expensive vehicles.

"We have inventory under $40,000 it's just not moving the way it used to because the buyers who would've purchased it can't afford new vehicles anymore," Cox Automotive executive analyst Erin Keating said on a December call.

I'm amazed anyone buys a new car. My strategy was to buy low mileage certified used ones, maintain them religiously and drive them as long as possible. Got 420,000 miles out of the last one.

My first two new cars were each less than $20,000. Then we had kids and upgraded to a minivan that was around $30K. New car smell was worth it at those prices. Not at current prices. Will buy used going forward.


Personally, I wouldn't be caught dead driving a Minivan.
It strikes me as something that women drive for mundane errands with the kids.
Zero driving excitement.

But maybe that's just me.






Add sexist to the list of descriptions for you
DiabloWags
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The Dumbest President in my LIFETIME.

Trump the Moron posted Friday's Job Totals in charts that matched the numbers published Friday morning at 8:30 am.

"They gave me some numbers. When people give me things, I post them," Trump told reporters Friday afternoon.

Bwahahahahahaha!

Nothing like front-running the data with inside info provided by POTUS.

You just cant make this **** up!

Lmao!
"Cults don't end well. They really don't."
Aunburdened
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DiabloWags said:

The Dumbest President in my LIFETIME.

Trump the Moron posted Friday's Job Totals in charts that matched the numbers published Friday morning at 8:30 am.

"They gave me some numbers. When people give me things, I post them," Trump told reporters Friday afternoon.

Bwahahahahahaha!

Nothing like front-running the data with inside info provided by POTUS.

You just cant make this **** up!

Lmao!


He might be the dumbest President in history, but I bet he can count to 11
movielover
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He re-wrote the books on trade and massively jacked our tariff revenue along with spurring manufacturing here.
Cal88
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DiabloWags
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movielover said:

He re-wrote the books on trade and massively jacked our tariff revenue along with spurring manufacturing here.


Yes, Trump has "massively jacked up our TAXES" in the form of tariffs.

Thanks again for pointing this out.






"Cults don't end well. They really don't."
movielover
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And Trump has flip flopped, saying he wants to increase military spending to $1.5 Trillion per year?! Redirecting new tariff revenues to the MIC?

Just eight or so months ago he spoke of wanting to cut military spending in HALF.
movielover
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Limited inflation.
Cal88
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movielover said:

And Trump has flip flopped, saying he wants to increase military spending to $1.5 Trillion per year?! Redirecting new tariff revenues to the MIC?

Just eight or so months ago he spoke of wanting to cut military spending in HALF.


A tight audit of the Pentagon and procurement methods would be a good start.
DiabloWags
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movielover said:

Limited inflation.


I have 2 questions for you:

1 ) Where do you think inflation goes when Trump appoints one of his stooges to become Fed Chairman and they lower interest rates?

2.) Why would you lower rates when the economy is estimated to be growing quite robustly with current estimates of 5.1% for Q4 GDP?

"Cults don't end well. They really don't."
Cal88
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^It's going to be hard even for Powell's replacement to lower interest rates because the debt has to be refinanced and they have to move those Treasuries.
SBGold
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Good lord, that plastic interior new car smell. Shameful

UNITY OVER DIVISION VOTE BLUE

Go Bears Forever
PAC-10-BEAR
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movielover said:

And Trump has flip flopped, saying he wants to increase military spending to $1.5 Trillion per year?! Redirecting new tariff revenues to the MIC?

Just eight or so months ago he spoke of wanting to cut military spending in HALF.


Increased military spending of that amount isn't going to happen until waste, fraud, and abuse is eliminated.
 
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