WTF? Looks like Trump is going to continue opening his mouth

[Southalabama]

Retire? It’s not in my future. I’ve accepted fact I’ll work until I can’t.

 

[Rebel_Rider1969]

Retire? It’s not in my future. I’ve accepted fact I’ll work until I can’t.

I know the reality.

 

[DustyDog]

I know the reality.

My philosophy was to retire while I was young, then work when I got old, but I've since reneged on the second part

 

[Bodhisattva]

To me a good stock market is not necessarily a good indicator of the economy's health. Sure it means companies and the wealthy are doing good meanwhile the middle class on down is suffering from high gas prices, high grocery prices and high prices for goods in general. We live in a tourist driven area and I have seen how numbers are down and a lot of local businesses are suffering. KC's Sandbar and Grill in Fort Walton Beach just closed down this week after 18 years in business. Walmart had a good quarterly report because they sell a lot of what families need and they have increased prices a lot over the last few years. $100 of groceries in 2019 now costs well over $200. I know my 3% raise didn't keep up with inflation. Today I'll fill up my truck and it will cost around $105, before Biden close the pipeline I was paying around $60 to fill up! We rarely go out for dinner anymore. What used to cost $30-$40 now costs $60-$80.

Lumber prices are nearing their 2020 levels. That would seem to indicate the “economy” is doing better now than it was last year.

Lumber prices have plunged 24% as this year's home builder season fails to meet expectations

"Last week's housing report provided confirmation for many that demand is somewhat worse that most realized," Sherwood Lumber told Business Insider.

markets.businessinsider.com

 

[Jester896]

oversupply problems usually will drop prices, but I wouldn't put as much weight into that as an indicator as I would a 24% increase in new home starts...that would show a shift in the economy along with interest rates dropping.

 

[Bodhisattva]

oversupply problems usually will drop prices, but I wouldn't put as much weight into that as an indicator as I would a 24% increase in new home starts...that would show a shift in the economy along with interest rates dropping.

It takes time, but overall affordability increases via lower rates and lower housing prices will eventually lead to a demand recovery for housing starts, as lumber is most closely related to housing starts (new homebuilding activity) and boost inventory for buyers.

It’s good news for buyers.

 

[Jester896]

It might not matter that the cost of the house is down slightly if they can't afford to make the interest payment,...the market would still struggle...wouldn't it?

 

[Bodhisattva]

It might not matter that the cost of the house is down slightly if they can't afford to make the interest payment,...the market would still struggle...wouldn't it?

That's why there is underwriting and qualifying and debt to income ratios that all have to line up before they buy.
Not supposed to be able to buy a house that you can't afford. But we all know many live paycheck to paycheck.

But you and I already know this. Many get into debt trouble after the keys to their new home. Simple as that.

 

[Rebel_Rider1969]

That's why there is underwriting and qualifying and debt to income ratios that all have to line up before they buy.
Not supposed to be able to buy a house that you can't afford. But we all know many live paycheck to paycheck.

But you and I already know this. Many get into debt trouble after the keys to their new home. Simple as that.

Problem being most want the "Barbie Dream Home", not what they actually need, can afford or maintain. Giant yard, pool, outdoor kitchen, hot tub, 3 car garage for their 700 dollar a month suv x2, yada, yada, etc.
Rent prices are right at normal home ( not impressing fakebook friends home) morgage levels. Look around it's shocking. Just for fun call a few of the apartment complexes in your area, if they will even tell you over the phone... my step-son was paying 900 for a studio apt 2 years ago in Daphne. ( small bedroom, kitchen/ living room)

 

[ABlaster]

Even given the fact the media will heap love on anyone on Team Blue, Kamala is suddenly everywhere, with polling numbers that surprise me considering how unpopular she was before Joe stepped down. All the coverage I’m seeing is how far ahead in the polls she is and how much money she is raising. All the coverage of Trump usually includes the words “incoherent,” “rambling,” “panicked,” and of course “convicted felon.”

I read a whole article on how unpopular JD Vance is (the most unpopular VP candidate in history, apparently, of course they completely ignore how unpopular Kamala was until the moment Joe stepped down).

I am sitting here this morning not feeling very optimistic about Trump’s chances. Hopefully I’m wrong and he will pull it out.

 

[Bodhisattva]

Problem being most want the "Barbie Dream Home", not what they actually need, can afford or maintain. Giant yard, pool, outdoor kitchen, hot tub, 3 car garage for their 700 dollar a month suv x2, yada, yada, etc.
Rent prices are right at normal home ( not impressing fakebook friends home) morgage levels. Look around it's shocking. Just for fun call a few of the apartment complexes in your area, if they will even tell you over the phone... my step-son was paying 900 for a studio apt 2 years ago in Daphne. ( small bedroom, kitchen/ living room)

Exactly

 

[Bay Ranger]

Even given the fact the media will heap love on anyone on Team Blue, Kamala is suddenly everywhere, with polling numbers that surprise me considering how unpopular she was before Joe stepped down. All the coverage I’m seeing is how far ahead in the polls she is and how much money she is raising. All the coverage of Trump usually includes the words “incoherent,” “rambling,” “panicked,” and of course “convicted felon.”

I read a whole article on how unpopular JD Vance is (the most unpopular VP candidate in history, apparently, of course they completely ignore how unpopular Kamala was until the moment Joe stepped down).

I am sitting here this morning not feeling very optimistic about Trump’s chances. Hopefully I’m wrong and he will pull it out.

Exactly how I feel.

How can so many Americans support her? Are so many people enamored by the "vibes" and ignore all of her radical socialist ideas? No matter how much she insists that she has changed her position she is only saying that now to get elected. She will ruin this country even more than it has already been ruined!

 

[BluesBrother]

Exactly how I feel.

How can so many Americans support her? Are so many people enamored by the "vibes" and ignore all of her radical socialist ideas? No matter how much she insists that she has changed her position she is only saying that now to get elected. She will ruin this country even more than it has already been ruined!

This is a drive by media ploy to discourage conservative voters into not showing up to cast their preference. Don't be fooled. Keep your eye on the ball. They haven't changed their stripes. They're still commies.

 

[Raven]

She's a patsy. She's been set up. Nobody expects her to even come close to winning

 

[ABlaster]

Exactly how I feel.

How can so many Americans support her? Are so many people enamored by the "vibes" and ignore all of her radical socialist ideas? No matter how much she insists that she has changed her position she is only saying that now to get elected. She will ruin this country even more than it has already been ruined!

Most of the people I talk to either don't know what Socialism really is or are on board with the rest of the Dem platform and don't really think they will be able to institute Socialism here. So, they ignore the threat of the government seizing control of the means of production or otherwise controlling the market and focus on the other issues they do like.

 

[Viking1204]

Lumber prices are nearing their 2020 levels. That would seem to indicate the “economy” is doing better now than it was last year.

Lumber prices have plunged 24% as this year's home builder season fails to meet expectations

"Last week's housing report provided confirmation for many that demand is somewhat worse that most realized," Sherwood Lumber told Business Insider.

markets.businessinsider.com

Lumber prices are dropping because new housing starts in July dropped to the lowest levels in a long time! Time for me to build that deck I've been planning!

United States Housing Starts

Housing Starts in the United States decreased to 1238 Thousand units in July from 1329 Thousand units in June of 2024. This page provides the latest reported value for - United States Housing Starts - plus previous releases, historical high and low, short-term forecast and long-term prediction...

tradingeconomics.com

 

[ABlaster]

Lumber prices are dropping because new housing starts in July dropped to the lowest levels in a long time! Time for me to build that deck I've been planning!

United States Housing Starts

Housing Starts in the United States decreased to 1238 Thousand units in July from 1329 Thousand units in June of 2024. This page provides the latest reported value for - United States Housing Starts - plus previous releases, historical high and low, short-term forecast and long-term prediction...

tradingeconomics.com

Same with the privacy fence I've been putting off.

 

[Viking1204]

I need a privacy fence too!

 

[Snake-Eyes]

Most of the people I talk to either don't know what Socialism really is or are on board with the rest of the Dem platform and don't really think they will be able to institute Socialism here. So, they ignore the threat of the government seizing control of the means of production or otherwise controlling the market and focus on the other issues they do like.

Sounds like you’re talking to a lot of idiots.

Tell them they are short-sighted fools who are apparently too lazy and/or too ignorant to be trusted with the right to vote, so they should just follow their potato-leader’s advice and just “Don’t”.

Maybe that will help you get most of them out of your life. Must be a bummer having to talk with such selfish dumbasses.

 

[ABlaster]

Sounds like you’re talking to a lot of idiots.

Tell them they are short-sighted fools who are apparently too lazy and/or too ignorant to be trusted with the right to vote, so they should just follow their potato-leader’s advice and just “Don’t”.

Maybe that will help you get most of them out of your life. Must be a bummer having to talk with such selfish dumbasses.

I try to educate them. Sometimes it sticks, sometimes it doesn't.