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Economy

at140

(6,193 posts)

8. Without gov't support personal income was DOWN 6.1%

Reply to progree (Reply #6)

Tue Aug 11, 2020, 09:15 AM

Aug 2020

according to your chart. I got stimulus check which I did not need.
Laid off workers received $600/Week additional besides state benefits. Many got more money than their wages.
So of course personal income was inflated. What happens when gov't reduces printing money?

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Stock market futures sky high again today! [View all] at140 Aug 2020 OP

January 21, 2021 of course. jimfields33 Aug 2020 #1

Laundering taxpayer $$$... 2naSalit Aug 2020 #2

Even a 3rd grader can understand this chart------ at140 Aug 2020 #3

Personal income was up 7.3% in the 2nd quarter, and up 10.1% over Q2 2019 progree Aug 2020 #6

Without gov't support personal income was DOWN 6.1% at140 Aug 2020 #8

"What happens when gov't reduces printing money?" - the deep 33.9% dive of the S&P 500 progree Aug 2020 #10

well, if the stock market is at under 20k, his approval rating would crash like Bush Claustrum Aug 2020 #4

They will levitate the market until after election is over... at140 Aug 2020 #5

Just an indicator of BillyBobBrilliant Aug 2020 #7

Not currently! at140 Aug 2020 #9

Isn't the earnings denominator in CAPE an inflation-adjusted average of past 10 years? progree Aug 2020 #11

See Cape P/E chart here at140 Aug 2020 #13

Strange that I didn't find this. I Googled and found some versions that were a couple years old at progree Aug 2020 #15

Stimulus, vaccine hopes, and now Caligula says is considering a cap gains tax cut progree Aug 2020 #12

Mother of all crashes is within sights... at140 Aug 2020 #14