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Kamala-nomics only 12000 jobs, 46000 mfg jobs lost
lester_prairie 12 Reviews 353 reads
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Expected 100,000 new jobs, only 12,000 created.  46,000 manufacturing jobs were lost.  Private payrolls down 28,000, expected 70,000 increase.  Household survey lost 368,000 jobs.  August revised down an additional 81,000. September revised down an additional 31,000.

lester_prairie14 reads

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inicky4619 reads

that month a major strike at Boeing began and we had two major hurricanes?
But toxic hacks like Fester will ALWAYS seek the most negativity they can.

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lester_prairie17 reads

They post high numbers and then quietly revise them down months later.

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lester_prairie15 reads

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lester_prairie13 reads

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lester_prairie22 reads

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lester_prairie18 reads

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inicky4611 reads

Oh, right.....

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lester_prairie16 reads

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willywonka4u17 reads

Let’s just say we will probably never know the full scale of this administration’s fuck ups, but at least after they’re gone we will find out some things. They fuck up everything and then force people to lie to cover for their fuck ups. And it’s across the board. They fail at basic government duties. You’re worried that they can’t count job creation or crime rates or foreign trade or corn subsidies or manage small business loans? I’m worried about the roof leaking in the office and the rodent problem and getting word that the air conditioning won’t get fixed for another 2 years. This administration will make retards and morons air traffic controllers before figure out that bean counters need to know how to count beans. I thought things were terrible when Dubya was in office, but holy fuck.

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inicky4616 reads

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Hpygolky18 reads

Investors aren’t worried, check out the Dow.Feds still planning on lower the rate. Unemployment number solid, GDP on the rise
It’s a no biggie

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cks17517 reads

There’s the state of the economy REPORTED by the administration, and then there’s the state of the economy FELT by the voters.

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inicky4616 reads

And 401k plans hold $7.4 trillion in assets as of December 31, 2023, with about 70 million active participants and millions more former employees and retirees.
Cry me a river, ChicKie.

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cks17516 reads

Have you thought about all the people who felt they had to borrow from their 401Ks these past four years?  You’re really giving off “Let Them Eat Cake” energy here.

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inicky4615 reads

Exactly how many people have had to "borrow from their 401Ks these past four years?"

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cks17516 reads

Not true for ANYONE? That’s new to a record number of 401k investors. Nicky’s apparently blessed to not have any economic worries.  Refuses to believe that there are average Americans who do…

Fortune:

Experts at Vanguard observed a slight uptick in new loans, nonhardship withdrawals, and hardship withdrawals—with hardship withdrawals returning to a five-year high. The research showed that 4% of account holders who had access to nonhardship withdrawals initiated one in 2023, compared to 3.6% in 2022.  

“The recent increase in households drawing on their employer-sponsored retirement accounts, could be a sign of some deterioration in the financial health of the U.S. consumer,” said Fiona Greig, global head of investor research and policy, in a statement.

CNBC:
More retirement savers are borrowing from their 401(k) plan. Those are ‘leading indicators of economic stress,’
http://www.cnbc.com/amp/2023/12/10/more-americans-take-401k-loans-an-indicator-of-financial-stress.html

Fidelity:

401(k) Contributions Steady, but Hardship Withdrawals and Loans Rise
http://www.asppa-net.org/news/2023/11/fidelity-401k-contributions-steady-hardship-withdrawals-and-loans-rise/

News Nation:

More Americans dip into retirement savings as living costs rise

Research from Bank of America, Empower and Fidelity show a similar trend: More people are taking loans and so-called “hardship withdrawals” from their nest eggs.

It’s one sign consumers are having to scrape together funds to cover their financial needs.

http://www.newsnationnow.com/business/your-money/retirement-savings-inflation-economy/amp/

Sorry for the Imp like link fest here, but Nicky’s naivete when it comes to common knowledge financial news warranted a little extra info today.

Related Link: Fortune: 401K Hardship Withdrawals Reach All Time Highs

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inicky4614 reads

So he calls it "naive." Riddle me this ChicK, how is it naive to ask you to back up an unsupported assertion?
Please...

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cks17514 reads

*pats Nicky on the head*

how is it naive to ask you to back up an unsupported assertion?
Maybe because that “unsupported assertion” was common knowledge to virtually everyone who reads this forum, except you. Asking a follow up question about your own naivete only highlights how out of the loop you are on the topic.  

And since when does a common knowledge piece of info need back up links? Oh that’s right. When the P&R Board Cop says so!

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inicky4615 reads

You really can't seriously think your assertion "was common knowledge to virtually everyone who reads this forum." So now you've piled ANOTHER unsupported assertion on top of the first one. You seriously think everyone here knew that people were borrowing from their 401Ks?
I haven't seen it mentioned here even once. There are a few mentions of 401Ks on the General Board but none here. And none of them refer to withdrawals for the reason discussed here. So listen to Mr. Goodbar and....

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LostSon14 reads

Posted By: inicky46
Re: So it turns out ChicKie is actually a weasel.
You really can't seriously think your assertion "was common knowledge to virtually everyone who reads this forum." So now you've piled ANOTHER unsupported assertion on top of the first one. You seriously think everyone here knew that people were borrowing from their 401Ks?  
 I haven't seen it mentioned here even once. There are a few mentions of 401Ks on the General Board but none here. And none of them refer to withdrawals for the reason discussed here. So listen to Mr. Goodbar and....
Yes everyone but your arogant ass knows 401ks are being dipped into because people are so broke. Thank you Biden Harris 🙄

As for you not seeing any mention? You delusional narcissistic prick! 😵😵‍💫😵  because you didn’t see it? What it didn’t happen?

Related Link: 🖕🏻🖕🏻🖕🏻 fuck you ickus

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inicky4614 reads

The last mention of 401K withdrawals was 4 MONTHS ago by a guy who almost never posts.
I accept your surrender, douchebag.
Semper Lie, tough guy.

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cks17510 reads

Nicky’s excuse for not knowing about the 401k withdrawal issue is that he had never seen it mentioned here. Is he telling us TER is where he gets his news?! WTF. That said, being mentioned at TER P&R isn’t the bar for something being common knowledge. That’s just another example of 1) Nicky playing board cop and 2) Nicky making another excuse for being out of the loop.

Then you blew up his “If it’s not on P&R, it’s not common knowledge” argument by linking us to Mogal’s post. Yet he still whines and falls back to another excuse. He didn’t see it. More bullshit from him. Nicky spends more time on this board than anyone. Actually more time than many of us combined. The guy who posts inordinately more than anyone else here now claims ignorance on P&R Forum content. Two more weak excuses.  1) It was posted a long time ago & 2) it was posted by Dave. Given that Nicky can’t help himself from posting a response, I wonder what his next excuse will be?

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inicky4613 reads

Because his continuous-yet-feeble drivel on this subject should have embarrassed him enough to just shut up. And this from someone who once dubbed himself "among TER's most reasonable and intelligent posters." LOLOLOLOL!!!!
So now he admits that he finds a single 4-month-old post makes his case? Wow!!!!! And that makes ME "out of the loop?" What a stretch. And if I "didn't see it" that's automatically "bullshit?" Good lord, ChicKie, do you know how dumb you sound?  
Personally, I think the stress of ChicKie's deep investment in Trump's clearly failing campaign has gotten the better of him. His mental decline now rival's Trump's. It clearly puts the lie to his claim he won't be voting for Trump.
What a political hack.

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Hpygolky14 reads

You would think trump, running on the economy should have a 5,8,10 point lead. This race shouldn't be close at all. But it is so.
Do tell...

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LostSon16 reads

Posted By: Hpygolky
Re: If the economy is so horrible then why is this race tight?
You would think trump, running on the economy should have a 5,8,10 point lead. This race shouldn't be close at all. But it is so.  
 Do tell...
The polls are completely full of crap! Willys theory that the pollsters are lying about Kamel Toes instant jump in popularity is to help the news media fleece the campaigns of add money is the best explanation over heard.

Before her elevation not a one of you lefties were her champion on anything! Then suddenly she’s more popular than a bikini clad Margot Robbie in high heels and you all are wild about her. 🤷🏻‍♂️

W H Y ? ! ? ! ?  For gods sakes?

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Hpygolky17 reads

Shh, there's some on here that based there whole existence here on the polls.
Polls say this, polls say that....But I have to say, I think you're finally catching on to whats really going on.
Although I think the polls made it close to allow trump to call it rigged if he looses. Kinda like his Get Out of Jail Free card.

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willywonka4u21 reads

You used to be able to poll people easily and randomly using land lines. Now a days it’s much harder. Cell phones aren’t listed to the same availability, so pollsters often use online polling which introduces a horrible bias, and they try to correct it by adjusting to census data which effectively introduces another bias. And that’s just the tip of the confounding variable iceberg. This is why polling averages are useful tools. It helps minimize errors by smoothing out false signals. We have enough polling now that we should be reasonably sure of the outcome, but we can never discount either polling error being greater than predicted or election fraud. Either way, Election Day results will give us a lot of interesting data to look at.

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coeur-de-lion13 reads

mainstream media is helping Kamala spread her false narratives about Trump, and low-information voters (mostly Democrats) believe the lies.  

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coeur-de-lion10 reads

barely 10% of what was predicted by the Biden administration. I wonder if they will have to correct the 10% down to a lower number in a few months?    Lol

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lester_prairie15 reads

The past revisions have been about four to one declines vs increases.  So I'd say the odds this one will be revised downwards is 75%.

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lester_prairie18 reads

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lester_prairie15 reads

"Remember January 6th when you’re in the voting booth." -- Allan Lichtman

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