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Most of the US economy is in a recession

businessinsider.com

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Re: Most of the US economy is in a recession

#21
post #12
post #9

Earlier quoted context omitted.

Restaurants are being extorted by online delivery services.

Why do people need those delivery services? Why can't they just cook meals at home like most people do?

I have never eaten a meal that is worth the cleanup past the peanut butter and jelly sandwich

Re: Most of the US economy is in a recession

#22

Oil spiked to $110/barrel on the WTI front month futures contract this afternoon, a $20 jump up from Friday. At this pace we'll be at $150 a barrel in a week or two. If oil infrastructure keeps getting hit, even if the strait of hormuz is reopened, it'll take a long time to recover from. That's on top of the continued call for regressive tariffs and a weakening labor market. I think we're heading for a recession unle…

Heating oil in UK from one of main suppliers, for delivery next week, has gone from 60p/L to 130p+/L in last 7 days

Re: Most of the US economy is in a recession

#23

Earlier quoted context omitted.

Honest question, because it’s something I’ve been thinking a lot about: what is a “good” economy vs. a “bad” economy?

The post-WWII economy in the US is the answer you’re looking for, and the whole world has been chasing that dragon ever since.

MAGA seems to want to go back there, and they're trying to start WWIII to get there.

Re: Most of the US economy is in a recession

#24
post #12

Earlier quoted context omitted.

Why do people need those delivery services? Why can't they just cook meals at home like most people do?

Lack of experience cooking so they don't feel like they can, people are tired after getting home from work and don't have much energy to spare, just plain laziness. Pick one or more of the above.

Laziness. I don't have much sympathy for a $50 food delivery.

I've gotten takeout in my life--basically never delivery.

ADDED: Not feeling like they can sounds like learned helplessness to me. Might not be a bad interview question.

Re: Most of the US economy is in a recession

#25

Oil spiked to $110/barrel on the WTI front month futures contract this afternoon, a $20 jump up from Friday. At this pace we'll be at $150 a barrel in a week or two. If oil infrastructure keeps getting hit, even if the strait of hormuz is reopened, it'll take a long time to recover from. That's on top of the continued call for regressive tariffs and a weakening labor market. I think we're heading for a recession unle…

He’ll taco when he sees the stock market tanking

Re: Most of the US economy is in a recession

#26

Earlier quoted context omitted.

Honest question, because it’s something I’ve been thinking a lot about: what is a “good” economy vs. a “bad” economy?

The post-WWII economy in the US is the answer you’re looking for, and the whole world has been chasing that dragon ever since.

does that include the 90% marginal tax rates? :)

Re: Most of the US economy is in a recession

#28

Oil spiked to $110/barrel on the WTI front month futures contract this afternoon, a $20 jump up from Friday. At this pace we'll be at $150 a barrel in a week or two. If oil infrastructure keeps getting hit, even if the strait of hormuz is reopened, it'll take a long time to recover from. That's on top of the continued call for regressive tariffs and a weakening labor market. I think we're heading for a recession unle…

Even if Trump goes Taco, Khamenei Jr won't accept. Remember the adversary also get a vote.

Re: Most of the US economy is in a recession

#29

Earlier quoted context omitted.

Honest question, because it’s something I’ve been thinking a lot about: what is a “good” economy vs. a “bad” economy?

> what is a “good” economy vs. a “bad” economy? One that is growing sustainably with broad benefits.

And which growth benefits spreads for a great percentage of the population instead of a handful of billionaires

Re: Most of the US economy is in a recession

#30
post #12
post #9

Earlier quoted context omitted.

Restaurants are being extorted by online delivery services.

Why do people need those delivery services? Why can't they just cook meals at home like most people do?

Disabled people exist, even temporarily so (e.g. pregnant with a craving, broken ankle and can't drive, etc)!

Also, sometimes some meals are arguably not worth the labor of cooking. Making proper pho takes at least a whole day. Pad Thai really doesn't function without the kind of intense heat of specific equipment. Etc etc.

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