Link to tweet

Link to tweet

where you just add two or three zeroes
to every number.

agree. Stupidity seems to abound in this administration.

... no one with more than 2 brain cells believes the 4.3% GDP number. The "delayed" report was most likely cooked.

Funny thing is, the magat rubes will still believe this crock of shit, even though their pay next year will barely budge.

that he is a lying, dirty, sack of shit. Rat bastard.

Characteristics of Psychopaths

1. Aggressive, callous, and cunning
2. Complete absence of conscience and empathy
3. Very adept at manipulating others
4. Willingness to engage in immoral, criminal conduct
5. Willingness to take what they want and do as they please, regardless of who is hurt or wronged
6. Deceptive ability to appear outwardly benevolent
7. Deceptive ability to behave in superficially charming ways to hide purely selfish motives
8. Willingness to use intimidation and violence to control others in order to satisfy their own needs
9. Willingness to intentionally violate the basic inherent human rights of others
10. Complete absence of any sense of guilt or remorse for the harm their actions have caused to others
11. Rationalization of their own immoral behavior
12. Will attempt to lay blame upon someone else for their own conduct
13. Denial, will deny their own wrongdoing outright
14. Utter contemptuousness toward the feelings and desires of their fellow beings
15. Pathological lying, will say anything without any concern for truth to advance their own hidden agendas
16. Ablity to feign [fake] normal human emotions and empathy
17. Distorted sense of the consequences of their actions
18. Total failure to accept any responsibility for their own socially irresponsible ways
19. Strong bellef that they will never be brought to justice for their criminal behavior

It'll arrive in two weeks.

Nutlick.

....the economy goes . . .

I can add that to my Soros check.

But Lutnick knows that what he is saying isn't true, but he thinks lying to the world is perfectly acceptable.

Explanation for why the GDP number is wildly misleading (You'll notice that none of the primary reasons for the increase in GDP as outlined below actually do anything to improve the economic conditions for most Americans. AI Spending and Defense spending is only helping people who work for these small number of companies. Imports decreasing because of tariffs doesn't help Americans because when they replace them with American made products, the cost is higher.):

ALL promised me by Donnie Dipshit!

The Cabinet who couldn't get their shit together!

I thought the above was the nuttiest thing I read today, but Lunatic saying "all of us – are going to earn 4.3% more money." beats that.

First the commentators on the GDP report have pretty much all pointed out the K-shaped economy -- the higher income people are doing well with the stock market gains and spending plentifully, while the rest of us are struggling with higher prices and rising unemployment.

That phenomenon (K-shaped economy) also is playing out among businesses. Economists said large corporations have mostly managed to withstand ⁠the blow from the import duties, which have increased ​costs, and are investing in artificial intelligence. (Investment outlays helps the GDP number whether or not they are prudent). But smaller businesses ​are struggling with tariffs.

It's also special factors like higher federal spending (including buyout offers to federal workers) and higher defense spending. Also elevated electric vehicle spending in advance of the ending of EV tax credits on Sept 30.

The GDP report also covers the period July 1 - September 30 - just *BEFORE* the government shutdown. So the report doesn't cover the shutdown (which began October 1) or all the bad news we heard in October or November or December so far -- that will hit the 4th quarter report coming out in late January.

Reuters: The nonpartisan Congressional Budget Office has estimated the shutdown could slice between 1.0 percentage point and 2.0 percentage points off GDP in the fourth quarter.
https://finance.yahoo.com/news/us-economic-growth-accelerates-third-133710066.html

And the 4th quarter ends in a week. Then it will be challenging economically going forward with extended ACA supplements expiring in a week.
=====================================================

There will be another estimate of Q3 GDP coming out January 22, so yesterday's report isn't the final word.

https://www.bea.gov/news/2025/gross-domestic-product-3rd-quarter-2025-initial-estimate-and-corporate-profits

Much less the solid pile of horse manure coming out of DC wrt the economy

rather, they say, it grew at a 4.3% annual rate. That's quite a difference

Lunatick: "the Economy Grew by 4.3%"

https://www.bea.gov/news/2025/gross-domestic-product-3rd-quarter-2025-initial-estimate-and-corporate-profits

And love the GIF. What a great show and interesting collection of articles that they used in the titles.