@elonmusk Cool story. This graph goes to the end of Trump‘s first presidency. It does not include Biden‘s term.
So you’re basically saying that Trump caused excessive inflation.
BREAKING: experts quietly admit CO2 emissions haven't peaked in time for the capitalist economy to avoid rapid extinction with hellish global warming of 2.5-4°C and rising 🧵
Has the U.S. economy, historically, been better under Republican presidents or Democratic presidents?
A Republican financial analyst decided to find out.
His name? Bart Starr, Jr. (Yes, the son of THAT Bart Starr.)
The answer may surprise you.🧵
July 1989: For Homebuilders, the wolf is at the door
"Despite a recent easing of interest rates, the housing market is still in a downward trend."
Not "despite", instead, because of falling interest rate.
Again, housing bears should applaud falling rates.
It’s become popular to bash the jobless claims data but:
Continuing claims are doing a good job tracking the unemployment segment that they most closely correspond to.
This is historically the most recession-relevant segment.
The 2024 UR increase is coming from other segments.
@stats_feed This is true but:
1960: Average new house was about 1,200 sf
2024: Average new house is about 2,300 sf
1960: Basic amenities, often no central air, single bathroom common
2024: Multiple bathrooms, central air, smart home features often standard