American Economics Thread

H

Heresy

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chgough34 said:
I literally said it was “likely”
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Stop being a spineless sack of shit. Will the Fed lower it 50 bps or not. It really is that fucking simple.
chgough34 said:
U.S. growth will be 2.3% this year even if the economy does not grow in the 3rd or 4th quarter compared to the 2nd quarter so there’s nothing to retract
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Again, stop being an intellectual weasel and a dishonest sack of shit. You said that 3% growth is back. 2.3% is not anywhere near 3%.
Stop speculating on matters that no one can know for sure and stop treating boasts and optimistic projections as fact.
 
manqiangrexue

manqiangrexue

Brigadier
chgough34 said:
The new sources of U.S. productivity growth are numerous - the tight labor market has caused workers to transition away from low productivity sectors to high productivity sectors and the worker retraining programs just now paying out productivity benefits (and will continue to do so for a long time to come), the physical capital bonzanza from the chips/ira/iija, the ending of pandemic-era bottlenecks, and AI diffusing throughout the economy (just like electricity and the internet two lifetimes ago and a generation ago, respectively).

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Oh, look at all those imaginary gains again. US government announces a vague plan to try something and you go, "This is earth-shattering and the beginning of a new permanent era of forever excellence in XXX, likely to exalt our numbers several folds beyond that of any competitor, putting the final nail in the coffin of the old norm." All the while looking down at the massive piles of failed expensive initiatives the US government has tried as it struggles to cope with China's superior innovative capacity.
 
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