Name:	MartiniMan -	Reply
Subject:	Where did GDP growth come from?
Date:	10/27/2023 10:17:35 AM

The answer is in the two charts below.  Much of the GDP and job growth came in the government sector.  On the GDP government accounted for 26% of the total.....all based on borrowed dollars.  As for jobs, government added more than any other sector.  So basically Brandon is borrowing money from the ChiComs to bolster the economy.....not sustainable and will be a disaster for current and future generations, especially given the interest on the Federal debt has skyrocketed since the Fed went to war with the Biden-caused inflation.

Name:	Carlson -	Reply
Subject:	What goes up (artificially)
Date:	10/27/2023 12:24:59 PM

Comes down hard.  New speaker will tame all this spending which will cut the artificial gdp soon.  All of these factors will converge into a major slowdown or dare I say crash.  

solution is drill baby drill!  

Name:	Talullahhound -	Reply
Subject:	Where did GDP growth come from?
Date:	10/27/2023 1:02:22 PM

I've become so cynical that I don't believe anything that comes out of this Administration. I just saw where 80% of government office is empty - they never were able to make people come back to the office after COVID and they are working remotely.  Biden's big idea is to turn those spaces into housing for migrants.  As far as goverment hiring, did they ever hire all those IRS agents they were going to hire?  One of the things I've read is that the jobs being "created" are part time jobs, not full time jobs.  

Despite everything, all the financial experts say that recession in inevitable

Name:	MartiniMan -	Reply
Subject:	Where did GDP growth come from?
Date:	10/27/2023 2:25:10 PM

Here is another graph (from the Bureau of Labor Statistics) that answers about the type of jobs being created.  It's the labor participation rate (LPR) and as you can see from the graph we have still not recovered from pre-plandemic levels.  Still 0.5% below when the fools shut down the economy on the advice of incompetent mass murdering Fauci.  So one has to ask with the jobless numbers being what they are reported to be how that is possible.  One, people not looking for work are not counted in the jobless numbers.  Two, a larger percentage of "new jobs" are people taking additional part time jobs, not full time jobs moving them from the ranks of the unemployed to employed.  Otherwise all those new jobs being created would increase the LPR.  Think how much worse it would be if the govt weren't creating jobs like crazy?  All on borrowed money.

As a side note this graph also proves the abject lie of the Brandon WH about them creating 10M jobs.  They haven't even gotten back all the jobs lost during the shut down.  They think we are stupid....but they know leftists are stupid and believe that garbage.

Name:	GoneFishin -	Reply
Subject:	MISLEADING STATISTICS
Date:	10/27/2023 5:34:01 PM (updated 10/27/2023 5:37:21 PM)

You made a false assumption that the category of Gvernment jobs represents Federal jobs paid for with Chinese borrowed money. That is incorrect as your history class failed to teach you. In addition to Federal, we have Local and State governments. As an example, the September increase in Government jobs is 73,000 which includes 56,000 local and state goverrnment jobs. The Federal number of 17,000 includes postal jobs which are paid for with the sale of stamps.

From Bureau of Labor 

"In September, government employment increased by 73,000, above the average monthly gain of 47,000 over the prior 12 months. Over the month, job gains occurred in state government education (+29,000) and in local government, excluding education (+27,000). Employment in government is slightly below (-9,000) its February 2020 level."

Name:	MartiniMan -	Reply
Subject:	MISLEADING POST TITLE…ALL IN CAPS!!!!!
Date:	10/28/2023 8:33:23 AM (updated 10/28/2023 9:07:05 AM)

Not sure why it was all in caps but the statistics weren't misleading at all.  But out of all this interesting information and disturbing news that applies the proper context to the latest GDP numbers....out of all that you focus on the fact that only part of the large number of govt jobs were paid for by the Chinese and the rest actually came out of the pockets of hard working Americans?!?!?  That's what you come back with?!?!?  Pretty dang pathetic Goofy and massively missing forest because you are focused on one leaf on one tree.

How about focusing on the reality that the economy is being propped up by govt spending in the attempt to prevent a recession until after the election next year.  And I didn't even mention the fact that consumer debt is likewise skyrocketing, said debt funding a lot of consumer spending, the number one driver of the economy.  Said debt that will have to be repaid, reducing future consumer spending.

Name:	GoneFishin -	Reply
Subject:	Martini interprets statistics incorrectly
Date:	10/28/2023 12:33:29 PM

This should cover it to your satisfaction....to reiterate your assumption that the large increase in Government jobs was all federal is totally incorrect. The majority was State and Local.

As to Chinese paying salaries, I assume you will argue they are also paying our military salaries.

Name:	MartiniMan -	Reply
Subject:	Goofy once again focuses on the wrong thing
Date:	10/28/2023 3:25:54 PM

I already stipulated that the govt jobs included non Federal and that those were paid out of taxes paid by working Americans.  And yes, when you are running trillion dollar deficits using debt owned by the Chinese govt they may in fact be funding our military.  But as you probably do not know, money is fungible so knowing exactly which dollars borrowed from the ChiComs go where is a little hard to tell. 

Really Goofy, I am actually chagrined that I let you take me down this rabbit hole of you missing the point entirely.  Kudos to you on that one.  I'll try harder to keep you on task in the future.