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Politics : Formerly About Advanced Micro Devices

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locogringo

To: pocotrader who wrote (1204952)	2/29/2020 10:45:26 AM
From: Sdgla	1 Recommendation of 1579096

At any of his golf facilities you’d be escorted off as a vagrant. The Trump resorts and hotels are beyond you as well. You’re singular ability is to complain and post nonsense devoid of facts. Facts matter. Strong Economic Fundamentals: U.S. Wage Growth, Incomes, Savings and Spending…. Posted on February 28, 2020 by sundance Economic Nationalism -vs- Economic GlobalismDespite the intense doomsayer predictions surrounding the ‘Coronavirus as an economic contagion’ narrative, the U.S. economy remains strong. When evaluating economic impacts for the USA it is important to remember 80 percent of all activity within the U.S. is internal. We create and consume eighty percent of our own production. The U.S. economy is unique in the amount of balance within it as compared to other industrial economies. We are not dependent on exports to sustain our economy; and we are not dependent on any imports at the macro level. Unlike China, Asia and Europe, and despite decades of efforts by globalists and multinationals, the U.S. generates and sustains a tremendous amount of our own economic prosperity. First the January data: The Bureau of Economic Analysis (BEA) reveals data today showing January wage growth .5%, personal income increases .6%, consumer spending at .2%; overall U.S. savings at $1.33 trillion, and low inflation at 1.7 percent year-over-year. Solid and stable. Both consumer spending (+.2 Jan) and inflation (1.6% Jan) were impacted by lower energy prices (-.7%) & mild weather in January. Reuters spins the lower rate of spending growth to imply a contracting U.S. consumer; there is no data to support that narrative. Continue reading ?

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