Shrug. You can lead a horse to water, but you can't make it drink.
The facts have been presented. Your graphs of trailing indicators aren't even wrong.
Inflation has pulled on its running shoes. The PPI indicates 10%+ is the floor. But, unless it is a spike and not the leading edge of a trend, it will be more. Given there is no support for just a temporary spike, take your own conclusions. I mean, sure. Corporations, which have a fiduciary duty to maximize shareholder value, could eat those price increases and open themselves to endless lawsuits to please an autocrat, but that is not a sound bet.
The BLS adjustments signal a fundamental shift in employment. Small and medium businesses have clamped down hard on new hires. There is anecdotal evidence of this, lots of stories of headwinds for those new in the job market, but the BLS adjustments put some meat on the bones. Now you might want to pretend those are faked to make Trump look bad, but that takes a real detachment from reality to actually believe. But, hey! You do you! Hopefully inside with the curtains drawn, but...
This isn't even close to some of the mindless conspiracy stuff you routinely glom onto, being based in actual reality and all. Yes, it hasn't happened as of yet. But assuming that things are ok despite the fact the river is lapping at your door and rising fast seems pretty TDS to me, but... |
