Trump 47 Economy
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Anonymous
That was happening weekly during the Biden administration and you thought the economy was terrible. |
Anonymous
| I just heard a study that 25% of US consumers were using buy now, pay later for groceries. Mind blowing that Trump is still popular with anyone. |
Anonymous
Who here thought the Dow would be hovering around 47,000 during the first year of the Trump Administration? I sure didn’t. |
Anonymous
The DOW is a measure of corporate profits, not the health of the economy. The fact is, the underlying metrics are trending in the wrong direction already and the impact of tariffs are not yet in place. |
Anonymous
| The WSJ did a podcast on the stock market. The AI tech companies are making so much money under the Administration that they are causing the stock market to surge. Palantir, Apple, etc. That is clearly not the economy. |
Anonymous
Indeed, most companies are even on the year, or down. |
Anonymous
But Trump gets to build a ballroom! |
Anonymous
| In the Trump economy, 69% of Americans live paycheck to paycheck. |
Anonymous
Okay? --- Americans are growing increasingly concerned about their ability to find a good job under President Donald Trump, an Associated Press-NORC Center for Public Affairs Research poll finds, in what is a potential warning sign for Republicans as a promised economic boom has given way to hiring freezes and elevated inflation. High prices for groceries, housing and health care persist as a fear for many households, while rising electricity bills and the cost of gas at the pump are also sources of anxiety, according to the survey. Some 47% of U.S. adults are “not very” or “not at all confident” they could find a good job if they wanted to, an increase from 37% when the question was last asked in October 2023. Electricity bills are a “major” source of stress for 36% of U.S. adults at a time when the expected build-out of data centers for artificial intelligence could further tax the power grid. Just more than one-half said the cost of groceries are a “major” source of financial stress, about 4 in 10 said the cost of housing and health care were a serious strain and about one-third said they were feeling high stress about gasoline prices. AP NEWS |
Anonymous
CBS A quarter of Americans now use BNPL loans to pay for groceries, up 14% from last year, according to a recent survey from LendingTree. The personal finance firm also found that more people are using such financing to pay for clothing, technology and housewares. |
Anonymous
| We are on the pathway to being a high income inequality nation with the poorest living in slums and the richest living under high security and behind gates. Businesses have straight up stopped caring about low income earners when they can suck up every dime from the middle class. |
Anonymous
You avoided my very simple question. |
Anonymous
No one's avoiding your question. It assumes facts that are not in evidence: namely that a high number for the DOW translates into a healthy economy. The second assumption is that today’s dollars under Trump are as valuable as they were under Biden. They are not due to a tanking dollar. |
Anonymous
Yup. From google AI The top 0.1% of households in the USA hold a significant portion of the nation's wealth, which has grown substantially. As of the second quarter of 2025, this group, comprising about 135,000 households, held nearly \(\$23.6\) trillion in assets, or approximately 13.8% of the total household wealth. This share has increased from about 9% in 1990 to over 14% today The top one thousandth of the USA holds nearly 15% of the wealth. Cool! |
Anonymous
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Big Majority Says Country Is Off Track
A new PRRI poll finds 62% of Americans believe the U.S. is headed in the wrong direction, fueled by dissatisfaction with President Trump’s impact on the economy, immigration, race relations and the nation’s global standing. Even among Republicans, a significant share — nearly 30% — gave Trump low marks on the economy and how the government is functioning. A new AP-NORC poll found 69% of Americans thought the nation was headed in the wrong direction and 30% in the right direction. |