When economists say the economy "was supposed to" have crashed by now, what they mean is "we kept insisting it would, but all our naysaying still hasn't managed to shake consumer confidence."

Next time someone says, "in *this* economy", keep in mind that means "a really strong one, with rising GDP, low unemployment, and worker leverage over employers."

And ask who wants you scared, and why.

https://www.marketwatch.com/story/the-economy-was-supposed-to-cave-in-by-now-it-hasnt-and-gdp-is-set-to-rise-again-a3b7553 #economy #recession #NoRecession

"The shift is all about mortgage rates. They went up so fast, and to such a high level, it was hard for buyers to even keep up. When rates started falling back a bit, some of these prospective buyers perked up."

#NoRecession

https://www.axios.com/2023/01/27/housing-prices-real-estate-mortgage-rates-economy?stream=top

November jobs report blows past expectations at 263,000.

Very strong job growth.

Unemployment remains low.

Economy grows faster than expected between July-Sept.

And Republicans are scrambling to come up with their next disinformation/misinformation talking point while Biden takes another victory lap; proving them wrong once again. Gotta love it!!

#JoeBidenUSeconomy
#jobsreport #Norecession

No recession for now despite what right wing pundits say.

U.S. grew 2.9% in third quarter, GDP shows, and there's little sign of recession for now.

#Norecession

https://www.marketwatch.com/story/u-s-grew-2-9-in-third-quarter-gdp-shows-and-theres-little-sign-of-recession-for-now-11669815688?mod=dist_amp_social&link=sfmw_tw&redirect=amp&s=09