Thank you Joe Biden!!!

m.knox

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Small business sentiment plunges to 48-year low as inflation worries mount​


https://www.foxbusiness.com/economy...t-plunges-48-year-low-inflation-worries-mount

See the trend here??? #BIDENCOOLEREFFECT...

united-states-nfib-business-optimism-index.png


If you voted for Biden, you are an IDIOT. There is absolutely no excuse for this. None.
 

psuted

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The index measures republican farts better than it does the economy

But every economic indicator clearly shows similar negative trends.

As Al Gore once said, every economic indicator that’s supposed to be trending up, is instead trending down. And every economic indicator that’s supposed to be trending down, is instead trending up.

It’s clear that Democrat Socialust policies DON’T WORK. Democrat are not only corrupt, but they’re pathetic.
 
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PaoliLion

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But every economic indicator clearly shows similar negative trends.

As Al Gore once said, every economic indicator that’s supposed to be trending up, is instead trending down. And every economic indicator that’s supposed to be trending down, is instead trending up.

It’s clear that Democrat Socialust policies DON’T WORK. Democrat

You think the Federal Reserve is “socialist” - WTF
 

m.knox

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The index measures republican farts better than it does the economy

LOL..... I love it when you get busted and go juvenile.

NFIB Small Business Optimism Index is a composite of ten seasonally adjusted components calculated based on the answers of around 620 NFIB members. This questions include: plans to increase employment, plans to make capital outlays, plans to increase inventories, expect economy to improve, expect real sales higher, current inventory, current job openings, expected credit conditions, now a good time to expand, and earnings trend.
 
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PaoliLion

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LOL..... I love it when you get busted and go juvenile.

NFIB Small Business Optimism Index is a composite of ten seasonally adjusted components calculated based on the answers of around 620 NFIB members. This questions include: plans to increase employment, plans to make capital outlays, plans to increase inventories, expect economy to improve, expect real sales higher, current inventory, current job openings, expected credit conditions, now a good time to expand, and earnings trend.

I haven’t heard of a single causal result of the NFIB index (”SMB sentiment”) going up or down. Go look through economist studies…it doesn’t seem to exist.

It’s as if they’ve never found some sort of causal relationship between the sentiment that NFIB measures and actual real world outcomes. It actually looks like the primary audience of NFIB is Fox News, which is a big red flag, as you know.

Like I said, it measures Republican farts.
 

m.knox

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I haven’t heard of a single causal result of the NFIB index (”SMB sentiment”) going up or down. Go look through economist studies…it doesn’t seem to exist.

It’s as if they’ve never found some sort of causal relationship between the sentiment that NFIB measures and actual real world outcomes. It actually looks like the primary audience of NFIB is Fox News, which is a big red flag, as you know.

Like I said, it measures Republican farts.

LOL... bury your head in the sand little boy. Pretend it didn't happen. Pretend it didn't predict Trump's success in lifting the middle class, women and minorities.... Unlike your guy.
 
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PaoliLion

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LOL... bury your head in the sand little boy. Pretend it didn't happen. Pretend it didn't predict Trump's success in lifting the middle class, women and minorities.... Unlike your guy.

I know that it might come as a surprise to you, but the president has very little impact on the economy. The economy comes down to monetary policy (quite a bit), government spending (some), and boom bust cycles (a lot).

Let’s take Bill Clinton, who had one of the greatest economies in US history. The dot com boom was minting fresh companies and IPOs weekly, college grads were getting high paying jobs, we had the highest ever labor participation rate in US history. This was a tech boom that benefits from baby boomers being at their proverbial peak. Did Bill Clinton have an impact? Fvck no.

Let’s take Obama, who took over as we were exiting the housing/financial bust of 2007. The govt had to do a dive and save to prevent a major collapse, but the Fed deserves whatever credit is due, not Obama. Obama then had two terms of continuous, uninterrupted growth that Trump also benefited from. Did Obama have an impact? Fvck no.

Let’s take trump, who trumpeted low unemployment rates, the stock market, and tax cuts. Unemployment rates were already on a path to hit 3.5% before Trump. Biden has already matched Trump’s unemployment rates. The stock market benefitted from quantitative easing and other fiscal stimulus, which continued in the first year under Biden. Tax cuts have minimal impact on anything - the economy at large doesn’t care if money is person x’s pocket or person y’s pocket, tax cuts are simply a way to control which pocket the money is in and it never produces much value to the overall economy (the economy is a zero sum game). Did Trump have an impact? Fvck no.

When you’re sipping your 6 pack of Pabst tonight, remember to stop obsessing about Trump and to start realizing the system we live in is driven by factors outside of the presidents control and to start paying attention to the macro trends going on around you.


PS, your NFIB index is shit
 

m.knox

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PS, your NFIB index is shit

LOL...

Quadrupling down on FACTS ARE DUMB.....

Christ, if your employees could see the shit you post here, they would laugh their asses off.

Classic case of seeking confirmation bias....
 
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PaoliLion

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LOL... bury your head in the sand little boy. Pretend it didn't happen. Pretend it didn't predict Trump's success in lifting the middle class, women and minorities.... Unlike your guy.

NFIB is a lobbyist organization aligned with the Republican Party, dumb shit.
 

m.knox

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NFIB is a lobbyist organization aligned with the Republican Party, dumb shit.

LOL... Got any more conspiracy theories there? 620 small business owners are ALL republican... LMFAO....

Such an embarrassment to your employees..............
 
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KnightWhoSaysNit

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Tax cuts have minimal impact on anything - the economy at large doesn’t care if money is person x’s pocket or person y’s pocket, tax cuts are simply a way to control which pocket the money is in and it never produces much value to the overall economy (the economy is a zero sum game).

^^^^^^
This is what makes a leftist.

To them there is no such thing as economic growth. The private sector is not better than funneling money through the hands of bureaucrats in Washington and then dishing it out to unproductive endeavors of all types, to include political partisans. The incentives that drive behavior in the free market are, to them, non-existent, perhaps even hazardous. In short, they are socialists. Actually, in today's world, they are closer to communists, as authoritarianism, the push for more regulation and government control, mandates, etc. have taken over.

But I will say that we are not much different than Europe, setting itself up for instability and probably another spreading hot war. We are heading in their direction.

Not saying that the Right over the last 40 years did everything right. The guilt of wars and deficit spending fall on both sides.

But Paoli makes it clear. They don't believe in growth. They believe in a Robinhood phenomenon. They believe in cutting off the hand that feeds them. It is ignorance.
 

psuted

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^^^^^^
This is what makes a leftist.

To them there is no such thing as economic growth. The private sector is not better than funneling money through the hands of bureaucrats in Washington and then dishing it out to unproductive endeavors of all types, to include political partisans. The incentives that drive behavior in the free market are, to them, non-existent, perhaps even hazardous. In short, they are socialists. Actually, in today's world, they are closer to communists, as authoritarianism, the push for more regulation and government control, mandates, etc. have taken over.

But I will say that we are not much different than Europe, setting itself up for instability and probably another spreading hot war. We are heading in their direction.

Not saying that the Right over the last 40 years did everything right. The guilt of wars and deficit spending fall on both sides.

But Paoli makes it clear. They don't believe in growth. They believe in a Robinhood phenomenon. They believe in cutting off the hand that feeds them. It is ignorance.
And Democrat’s have a visceral hatred and contempt for anyone or any business that is successful and makes money, unless of course, those people or businesses provide kick backs and political bribes to them in order to further enhance their own political power and influence. In their world, there’s no incentive to be successful unless you’re willing to give an ungodly amount of your money and success to them so that they can distribute it to others and buy more political control and influence, and to hell with the benefit of the country. Democrats are the enemy of the people.
 
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m.knox

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But Paoli makes it clear. They don't believe in growth. They believe in a Robinhood phenomenon. They believe in cutting off the hand that feeds them. It is ignorance.

Very well said and thought out. It is ignorance. Stunning ignorance. The worst part is that Trump clearly demonstrated the power of the private sector, and unlike Biden or Obama, he didn't need a recovery to propel his results... Well, I guess the end of Obama may be considered a recovery....

Ignorance is bliss............
 
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PaoliLion

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Keep your head in the sand little boy.

Its PAC is called Save America's Free Enterprise Trust (SAFE).[6] In 2010, 25 of its members, all Republican, were elected to the 112th Congress.[7] A number of them, such as Rand Paul, Jeff Duncan, Paul Gosar and Kristi Noem, are affiliated with or endorsed by the Tea Party movement. There has been debate about how representative of American small business owners NFIB is, noting its very conservative and pro-Republican record.[8] Since 1990, it has donated $725,551 to Democratic candidates and party committees versus $11,972,074 to Republican candidates or party committees.[9] It was a key opponent of President Bill Clinton's attempt to reform American health care in 1993.[10] Through the 2000s, it was considered one of the most powerful lobbyists in Washington.[11] It has been accused of creating astroturf campaigns to oppose government regulations.[12]

Let me summarize for you @m.knox, it’s WORTHLESS
 

m.knox

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Its PAC is called Save America's Free Enterprise Trust (SAFE).[6] In 2010, 25 of its members, all Republican, were elected to the 112th Congress.[7] A number of them, such as Rand Paul, Jeff Duncan, Paul Gosar and Kristi Noem, are affiliated with or endorsed by the Tea Party movement. There has been debate about how representative of American small business owners NFIB is, noting its very conservative and pro-Republican record.[8] Since 1990, it has donated $725,551 to Democratic candidates and party committees versus $11,972,074 to Republican candidates or party committees.[9] It was a key opponent of President Bill Clinton's attempt to reform American health care in 1993.[10] Through the 2000s, it was considered one of the most powerful lobbyists in Washington.[11] It has been accused of creating astroturf campaigns to oppose government regulations.[12]

Let me summarize for you @m.knox, it’s WORTHLESS

LOL...... That's why it is reported on....... Because it is worthless.

Business confidence = economic growth = Americans of ALL races, sexes, religions... getting ahead.

Trump showed you that. Especially in light of being in the middle of Obama and Biden.

Keep your head in the sand little boy.
 

PaoliLion

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LOL...... That's why it is reported on....... Because it is worthless.

Business confidence = economic growth = Americans of ALL races, sexes, religions... getting ahead.

Trump showed you that. Especially in light of being in the middle of Obama and Biden.

Keep your head in the sand little boy.

Like I said, It’s shit. There just isn’t anything else out there to replace it. Apparently, the “lead the witness” and their businesses are not representative. Do some research bucktooth
 

junior1

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LOL...... That's why it is reported on....... Because it is worthless.

Business confidence = economic growth = Americans of ALL races, sexes, religions... getting ahead.

Trump showed you that. Especially in light of being in the middle of Obama and Biden.

Keep your head in the sand little boy.
we can likely put that getting ahead on the back burner for a few years thanks to the biden economy.
I get a kick out of listing to the WH spokeman when asked about inflation...the american family has a healthy balance sheet and can withstand this inflation....tone deaf...don't they realize that families haven't been saving to be capable of paying higher prices? some of them have been saving to buy a new car, for kids braces, shoes,clothes, for unexpected medial bills, for college for the kids for retirement even.
By the time we're done, it seems that everyone will be worse off than they were on Jan 20, 2021. Republicans need to tie this debacle to all democrats as well as to Biden and steal the phrase "are you better off than you were two years ago?"
 
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m.knox

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Like I said, It’s shit. There just isn’t anything else out there to replace it. Apparently, the “lead the witness” and their businesses are not representative. Do some research bucktooth

So in your own words, it went from "worthless" to "irreplaceable"?

Got it.....

It's also so very funny that the index was going up when Biden started. Evidently all those republicans thought Biden was going to do a good job. Was it "shit" his first 6 months?

united-states-nfib-business-optimism-index.png