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Bad Economic Predictions

Posted: Thu Feb 26, 2026 7:11 pm
by Cakedaddy
Papa Johns has always been good around here.

Bad Economic Predictions

Posted: Fri Feb 27, 2026 8:38 am
by TheCatt
January’s producer price index, which is a measure of wholesale inflation, came in hotter than expected at a 0.5% increase for the month. Economists polled by Dow Jones saw the headline reading coming in at 0.3%. Excluding food and energy prices, core PPI recorded a 0.8% gain, much more than the 0.3% rise economists anticipated.
That's a horrible number. Way to fuck the economy, Trump.

Bad Economic Predictions

Posted: Fri Feb 27, 2026 9:39 am
by Leisher
The Dow hit 50K. Nothing else matters.

Seriously though, is that just a measure of prices increasing or decreasing? If so, I fully understand the concept of "this price is what it is because of the cost of business and demand, yada yada yada", but that's such bullshit. The Wall St driving everything model we're currently running negates that. Sure, a price has to reflect the cost of business, but almost all prices are completely arbitrary and inflated because corps have to make Wall St happy. Corporate greed is beyond out of control. Plus, the mad rush for AI is destroying the tech sector around the world and dramatically skyrocketing prices. Not sure how much Trump can really get blamed for that.

Don't get me wrong. I'm not exactly loving his handling of the economy or the ridiculous "50K!!!" horseshit that most people don't give a shit about. I just think some of the measures we use are based upon utopian thinking. Aren't Big Macs in some parts of CA going for $27 or something crazy? That's not cost, that's greed.

Also, on a totally different note. It's a proven fact that when a candidate of ANY race gets into office, the people of that same race see their crime stats increase. Are we seeing the same type of empowerment with scumbag business people seeing one of their own in office? I'd wager it's not nothing.
Cakedaddy wrote: Thu Feb 26, 2026 7:11 pm Papa Johns has always been good around here.
Or you have bad taste? :D

Could be the franchisee in your area isn't a cheap wad like other franchisees?

Bad Economic Predictions

Posted: Fri Feb 27, 2026 9:43 am
by TheCatt
Leisher wrote: Fri Feb 27, 2026 9:39 am The Dow hit 50K. Nothing else matters.
And now it's down to 49k.

Bad Economic Predictions

Posted: Fri Feb 27, 2026 9:53 am
by Leisher
TheCatt wrote: Fri Feb 27, 2026 9:43 am
Leisher wrote: Fri Feb 27, 2026 9:39 am The Dow hit 50K. Nothing else matters.
And now it's down to 49k.
I know, we did this exact back and forth on this joke the other day.