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Rick Santelli is famously a small government advocate, so it's not as though he's a Biden cheerleader. The jobs surge lessens dramatically the case for rate cuts, so it's not as though this is unalloyed good news for the administration.
1 posted on 02/02/2024 6:21:48 AM PST by Miami Rebel
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To: Miami Rebel

BLS. Bureau of LIES and STATISTICS


2 posted on 02/02/2024 6:23:10 AM PST by Gaffer
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To: Miami Rebel

Forget rate cuts until 2025


3 posted on 02/02/2024 6:23:33 AM PST by montag813
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To: Miami Rebel

I hope rates stay where they are. I’m getting a 5.3% return in a plain-old-boring Money Market account. To me these rates seem normal. Why should we have 3% mortgage rates? It just artificially inflates the value of the asset.


4 posted on 02/02/2024 6:24:44 AM PST by bigdaddy45
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To: Miami Rebel

Is this the morning in America report for Biden? If true, the GOP might as well forget about the 2024 election. Trump will also be crushed. No way will the media not trumpet this.


6 posted on 02/02/2024 6:26:09 AM PST by nwrep
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To: Miami Rebel

I’m guessing we’ll see all kinds of great economic news this year.


7 posted on 02/02/2024 6:26:50 AM PST by woweeitsme
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To: Miami Rebel
He and Kudlow can yank each other off now!!!

"Former Trump economic advisor Larry Kudlow conceded that his prediction of a looming recession was wrong and admitted that the U.S. economy is doing much better than expected under President Joe Biden. Talking on Fox News' America Reports on Thursday, Kudlow offered a "mea culpa.""

9 posted on 02/02/2024 6:27:19 AM PST by Paul46360 (Nuk'em all--- let GOD sort them out!)
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To: Miami Rebel

“Job gains occurred in professional and business services, health care, retail trade, and social assistance. “

Not wealth creator jobs.

“Employment declined in the mining, quarrying, and oil and gas extraction industry.”

Wealth creator jobs.......................


10 posted on 02/02/2024 6:28:05 AM PST by Red Badger (Homeless veterans camp in the streets while illegal qs are put up in hotels.....................)
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To: Miami Rebel
Today begins the MSM push for Sloppy Joe to be re-elected!!!
Many on the LEFT that want BIG MIKE to take his place will now be silenced????
11 posted on 02/02/2024 6:28:34 AM PST by Paul46360 (Nuk'em all--- let GOD sort them out!)
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To: Miami Rebel
Now for where you REALLY create wealth....
Employment declined in the mining, quarrying, and oil and gas extraction industry.
15 posted on 02/02/2024 6:30:05 AM PST by Paul46360 (Nuk'em all--- let GOD sort them out!)
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To: Miami Rebel

And Biden received 81,000,000 votes!

Hahahahahahahahaha!


17 posted on 02/02/2024 6:30:22 AM PST by blueunicorn6 ("A crack shot and a good dancer” )
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To: Miami Rebel

What great economy?


18 posted on 02/02/2024 6:30:26 AM PST by bray (You can tell who the Commies fear.)
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To: Miami Rebel

I don’t buy the numbers or trust anything coming from this government.


19 posted on 02/02/2024 6:30:28 AM PST by fuzzylogic (welfare state = sharing of poor moral choices among everybody)
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To: Miami Rebel

I don’t buy the numbers or trust anything coming from this government.


20 posted on 02/02/2024 6:30:28 AM PST by fuzzylogic (welfare state = sharing of poor moral choices among everybody)
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To: Miami Rebel

Social assistance???? That helps grow an economy??? Service related jobs??? Cmon!!!


22 posted on 02/02/2024 6:31:41 AM PST by MGunny ( )
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To: Miami Rebel

whopper
noun
whop·​per ˈ(h)wä-pər

1 something unusually large or otherwise extreme of its kind
2 an extravagant or monstrous lie


25 posted on 02/02/2024 6:33:48 AM PST by Fresh Wind (Nothing says "democracy" like trying to throw your opponent in jail.)
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To: Miami Rebel

The jump in pay is for government employees. Notice I did not call them workers. It’s all smoke and mirrors.

$35 trillion in debt, with another 10 million illegal aliens added to the welfare rows. A collapse is coming. /spit


29 posted on 02/02/2024 6:43:09 AM PST by Flavious_Maximus (Tony Fauci will be put on death row and die of COVID!)
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To: Miami Rebel; All

I predicted a 2020 collapse and a 2024 boom. Why ia it so predictable? It’s all politics. Numbers can say whatever you want them to say. 2024 is just getting started, you want to be in the Market this year, until closer to the end of the year.


32 posted on 02/02/2024 6:43:42 AM PST by wiseprince (Me)
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To: Miami Rebel
I am sure the job rates will do good, look at home much money is being printed, deficeit is sky high, as long as you pour money into the economy it will be like a drug a politican cannot wein himself from, certain sections of the economy needs the government money to survive, cut back on the anesthesia and people will start waking up, this level of spending will catch up to everyone, Biden will be long gone and in the grave before any of the pain hits but it will hit...
36 posted on 02/02/2024 6:46:10 AM PST by wild74
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To: Miami Rebel

Probably mostly givernment jobs….


38 posted on 02/02/2024 6:51:40 AM PST by clintonh8r (The truth is hate speech to those who hate the truth.)
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To: Miami Rebel

The democraps create massive inflation then celebrate when pay increases but still below inflation.

“We took 21% of your money through inflation but we gave you 7% increases in pay! Celebrate us!”


39 posted on 02/02/2024 6:52:18 AM PST by CodeToad (Rule #1: The elites want you dead.)
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