Sniper

Wait, so you're saying my posts were accurate and correct, after all?

and that was the point of the whole article in the OP. That the economy for J6P took a serious hit from the Covid deal. Too bad Jack doesn't read COMPLETE articles, but chooses to jump in mid-thread and react ONLY to thread titles. He would have understood the point of the article, that the 82% DIDN'T come from a zero point, but is showing conditions have gotten worse from where they were. The article spans all parts of the economy: credit, income, savings, spending, changes in lifestyles, etc. that have been affected and changed because of Covid. ALL the metrics and data were posted. Not really a tough topic to understand. A big part of that Q3 growth came from the Fed printing over $3.1 Trillion, and injecting it into the system. I doubt Q4 will look that rosey, UE is going back up, businesses are still closing, personal incomes are down... without more printed money, the ship is taking on water, and can't keep itself afloat.

ob·ser·va·tion /ˌäbzərˈvāSH(ə)n/ a remark, statement, or comment based on something one has seen, heard, or noticed. FYI, that's called an "opinion".

Very good... that's how studies work. Collect data and report. Original report came out in May 2019, not in 2013. If you read the report, you would have also seen this: The Federal Reserve revised this report on January 30, 2020,

Observations aren't facts, they are YOUR opinion. But if you want facts, this is how it's done. ....."Nearly 40 percent of Americans would struggle to cover an unexpected $400 expense, according to a new report by the Federal Reserve — a stark reminder of many people's financial insecurity even amid solid economic growth. "Relatively small, unexpected expenses, such as a car repair or replacing a broken appliance, can be a hardship for many families without adequate savings," the researchers found." Notice, the link comes from the Federal Reverse study, NOT someone's opinion or clickbait. These are researched facts. Also notice, what I posted is from a study back in mid 2019, not 5 or 10 years ago. https://www.cbsnews.com/news/nearly-40-of-americans-cant-cover-a-surprise-400-expense/ Wrong again, it's a perfect comparison between what was going on the direct year before Covid hit, and post Covid. Who cares what was going on 5 - 10 years ago, this article was about how Covid has affect the immediate economy. The percentage rising from 40% in 2019 to 82% in 2020 is very clear. Just because you don't agree with it, or don't like the timeline, doesn't make it wrong, except in your "Perception of Reality".

"it's for the children".

Update on what was in some of the containers. Also, it appears the ship turned back, so all those containers still on board aren't being delivered here. Of the 64 containers identified as carrying dangerous goods, 54 held fireworks, eight had batteries and two contained liquid ethanol, according to a ONE Apus information center update Monday. Ownership of the goods lost has not been revealed and thus it’s not known whether some New Year’s Eve celebrations will be dimmer with 54 U.S.-bound containers of fireworks lost at sea. Henry Byers, FreightWaves’ maritime market expert, said the top importers using ONE as their ocean carrier into Long Beach the past 30 days were Flexport International, MOL Consolidation, Topocean Consolidation, UPS Ocean Freight Services, DHL Global Forwarding, Kuehne + Nagel and C.H. Robinson. Rounding out the top 20 are Hecny Transportation, Rimports, Daniel M. Friedman & Associates, Apex Maritime, Hankook Tire America, Yusen Logistics, Ameziel, BDP Transport, Kintetsu World Express, Penguin Random House, Expeditors International, Harman International Industries and R.T. Express International. Still other ONE customers through Long Beach are Living Spaces Furniture, APL Logistics, Signal Products, Wilson Sporting Goods, Sumitomo Rubber North America, Lexmark Juarez Distribution Center, Guardian Technologies, Konica Minolta Business Solutions and Hasbro. https://www.zerohedge.com/markets/fireworks-batteries-and-liquid-ethanol-among-dangerous-goods-lost-sea-apus-containership

When did the Covid lockdowns start? Why does it take 5-10 years to do a comparison? How about a Before-After comparison? If you would read the COMPLETE article at my OP, instead of jumping in mid-thread, a lot of these questions of yours, would be answered. If congress passes the almost one trillion aid package they're talking about, it will probably juice the market again, and stocks will continue up, just like in the Spring.

The article in the OP was specifically pointing out how people's personal financial situation has changed SINCE Covid, not the past recession/recovery. If you want to go back years or decades, and examine their finances, feel free.

You didn't specifically reply/comment to anything, since there wasn't a quote attached to your comment. And even then, it doesn't make sense, the last recession/downturn was in 2008. Five years later was 2013, long past normal recovery timelines. Hell, the average business cycle is 5-1/2 years. We should have had another recession and recovery years ago. What was the title of this thread again, and what was it referencing? The discussion was about the economic situation in 2020, not the last recession 12 years ago.

Zabuca, join the conversation, come show us your brilliance, instead of your normal Emoji crap.

Wrong again. The country went back into recession this past February, before Covid hit. The economy started having financial issues back in the Fall of 2019. Go ahead, Google it.... I'll wait. Where's the recovery from the current recession? Recoveries come AFTER a recession hits. Did you forget there was an official recession announced in February? Here, I did the work for you. See Google works, you should try it sometime: https://www.bloomberg.com/news/articles/2020-06-08/it-s-official-nber-says-record-u-s-expansion-ended-in-february https://www.foxbusiness.com/economy/us-recession-started-in-february-researchers-say https://www.nytimes.com/2020/06/08/business/economy/us-economy-recession-2020.html

Well, this whole boycott failed massively by the Dems, AOC gets an award! Goya CEO Names AOC "Employee Of The Month" After Boycott Resulted In Soaring Sales In what has turned out to be a spectacular backfire, Goya Foods and president CEO Bob Unanue revealed that progressive icon Rep. Alexandria Ocasio-Cortez, a New York Democrat, has been named "Employee of the Month" because sales erupted after calls for a boycott. Unanue accepted an invitation in July to the White House by President Trump to promote a program directed at assisting the Hispanic American community. Accepting the invitation was risky enough for the CEO as he went one step further and praised the president. Liberals went bonkers after Unanue's comments about the president. Social justice warriors took to social media and called for Goya's boycott. https://www.zerohedge.com/political/goya-ceo-says-aoc-named-employee-month-after-boycott-resulted-soaring-sales

Remember back kids, we had a shot at National Reciprocity during Trump's first two years with a Repub congress. It was passed in the House, Dec. 2017, but the Repub controlled Senate refused to even bring it up for a vote. If your Repub politicians won't pass it, the chance of a Dem controlled NJ legislature passing it is pretty slim

Mindset, is 90% of the game.

I have, and your statement defines reality. That's why I asked. Got some links? I'd like to see where you get your information.

I saw some reports, and the people actually video the process. They opened self tests, and put the swabs directly into the vials, never swabbed their noses. They sent the tests back, and they ended up being positive. I also believe I read a report, need to go back and find it, that this lab was reporting like 90% positive results to tests, which were way out of range.

Maybe that 82% also includes the ones that don't have any credit line left on their credit cards, besides not having any savings? ....."As Americans look to cover their basic needs during COVID-19, many have taken on new debt in the process. According to respondents, more than a quarter say they’ve accumulated $10,000 or more in debt, and 42% say they have taken on more debt than they normally would apart from buying a home."

When did the economy recover?

But they can easily come up with $800 for a new iPhone thingy, or a $500 Play Station while ordering dinner through Uber Eats.

Let it rip... you're among friends...

I care, my flag is flying today in honor:

It comes down to how fast the PD processes them and how many people are working on them. Plus, the electronic version is new, so the PD has to learn the software too. I was the first one in my town to apply when the FARS system came online, and my PD told me they were learning the system, and it took longer. Then, the permits sat on the Chief's desk for a week, waiting his signature. I recently put in for more permits and my PD said they were learning the new electronic system now and were really backed up, so it varies from town to town.

And recent reports show unemployment climbing again, while DC sits on their hands... Respondent’s emergency savings have also taken a hit since the pandemic. Overall, 47% say they have run out of their emergency savings funds and 67% regret not having enough emergency savings before the pandemic hit. And if they were faced with a surprise $500 expense, 82% say they would not be able to afford it. After the unemployment rate spiked to more than 14% in April, Americans continue to be wary about their job security and income. According to respondents, more than a quarter feel they do not currently have a stable income, and 63% say they have been living paycheck to paycheck since the pandemic. Millennials appear to be the hardest hit demographic as 64% say they are living paycheck to paycheck. According to respondents, 63% have cut back on spending during COVID-19 due to a number of reasons, including feeling the need to be more cautious with their finances (60%), experiencing a reduced salary or income (49%), and staying home more often (40%). https://highlandsolutions.com/blog/survey-reveals-spending-habits-during-covid-19