Trump 47 Economy

[Anonymous]

Anonymous wrote:We are winning. BIGLY. Going to the cliff at full speed. My theory is that the current admin wants to alienate every ally, crash economy, then global economy, remove dollar reserve status, and default on US debt. Wipe it clean, and start from scratch and then enter the age of prosperity. Maybe extreme way to do it, but my brain is too small to think why would you rush to recession/depression. I pray global war is not in the program.

That plan doesn't end in prosperity for the US or its citizens. However, it will be a bigly windfall for the oligarchs.

Explain it to me ike I am 5 how this plan ends up putting the USA in a good place.

[Anonymous]

Anonymous wrote:

Trump said we'd be okay with that.

I for one am not okay with it.

[Anonymous]

Anonymous wrote:

Anonymous wrote:We are winning. BIGLY. Going to the cliff at full speed. My theory is that the current admin wants to alienate every ally, crash economy, then global economy, remove dollar reserve status, and default on US debt. Wipe it clean, and start from scratch and then enter the age of prosperity. Maybe extreme way to do it, but my brain is too small to think why would you rush to recession/depression. I pray global war is not in the program.

That plan doesn't end in prosperity for the US or its citizens. However, it will be a bigly windfall for the oligarchs.

Explain it to me ike I am 5 how this plan ends up putting the USA in a good place.

I do think that when things turn from theoretical ("we're going to have to tighten our belts!" "short term pain!" "temporary retraction!") to real, some people will wake up. (notice that i said "some.")

It's one thing to think that there will be some temporary pain (which many will think will mostly affect other people-- not them!). it's another to lose your job and be unable to find another one. plus high inflation. plus maybe your retirement account is crashing. people can only be told to "hold on, it's just temporary" for so long. and then they might be questioning what's really on the other side of this "temporary" pain.

[Anonymous]

Atl GDPNow is firmly negative. It was positive 10 days ago. Part of this is related to the will-she-won't-she tariffs. A lot of it is due to a drop in consumer spending (which will not be fixed by ending the tariffs).

https://twitter.com/AtlantaFed/status/1897695255798948277

[Anonymous]

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:We are winning. BIGLY. Going to the cliff at full speed. My theory is that the current admin wants to alienate every ally, crash economy, then global economy, remove dollar reserve status, and default on US debt. Wipe it clean, and start from scratch and then enter the age of prosperity. Maybe extreme way to do it, but my brain is too small to think why would you rush to recession/depression. I pray global war is not in the program.

That plan doesn't end in prosperity for the US or its citizens. However, it will be a bigly windfall for the oligarchs.

Explain it to me ike I am 5 how this plan ends up putting the USA in a good place.

I do think that when things turn from theoretical ("we're going to have to tighten our belts!" "short term pain!" "temporary retraction!") to real, some people will wake up. (notice that i said "some.")

It's one thing to think that there will be some temporary pain (which many will think will mostly affect other people-- not them!). it's another to lose your job and be unable to find another one. plus high inflation. plus maybe your retirement account is crashing. people can only be told to "hold on, it's just temporary" for so long. and then they might be questioning what's really on the other side of this "temporary" pain.

+1 short term pain could mean people losing their businesses and houses. It’s like people forgot 2008.

[Anonymous]

Defaults on sub-prime auto loans now at their highest level EVER. Smells like 2008 is waiting in the wings.

https://www.fa-mag.com/news/americans-fall-behind-on-car-payments-at-highest-rate-in-decades-81622.html

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:We are winning. BIGLY. Going to the cliff at full speed. My theory is that the current admin wants to alienate every ally, crash economy, then global economy, remove dollar reserve status, and default on US debt. Wipe it clean, and start from scratch and then enter the age of prosperity. Maybe extreme way to do it, but my brain is too small to think why would you rush to recession/depression. I pray global war is not in the program.

That plan doesn't end in prosperity for the US or its citizens. However, it will be a bigly windfall for the oligarchs.

Explain it to me ike I am 5 how this plan ends up putting the USA in a good place.

I do think that when things turn from theoretical ("we're going to have to tighten our belts!" "short term pain!" "temporary retraction!") to real, some people will wake up. (notice that i said "some.")

It's one thing to think that there will be some temporary pain (which many will think will mostly affect other people-- not them!). it's another to lose your job and be unable to find another one. plus high inflation. plus maybe your retirement account is crashing. people can only be told to "hold on, it's just temporary" for so long. and then they might be questioning what's really on the other side of this "temporary" pain.

+1 short term pain could mean people losing their businesses and houses. It’s like people forgot 2008.

And what happened since 2009? The stock market and housing prices went up and the unemployment rate has dropped since.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:We are winning. BIGLY. Going to the cliff at full speed. My theory is that the current admin wants to alienate every ally, crash economy, then global economy, remove dollar reserve status, and default on US debt. Wipe it clean, and start from scratch and then enter the age of prosperity. Maybe extreme way to do it, but my brain is too small to think why would you rush to recession/depression. I pray global war is not in the program.

That plan doesn't end in prosperity for the US or its citizens. However, it will be a bigly windfall for the oligarchs.

Explain it to me ike I am 5 how this plan ends up putting the USA in a good place.

I do think that when things turn from theoretical ("we're going to have to tighten our belts!" "short term pain!" "temporary retraction!") to real, some people will wake up. (notice that i said "some.")

It's one thing to think that there will be some temporary pain (which many will think will mostly affect other people-- not them!). it's another to lose your job and be unable to find another one. plus high inflation. plus maybe your retirement account is crashing. people can only be told to "hold on, it's just temporary" for so long. and then they might be questioning what's really on the other side of this "temporary" pain.

+1 short term pain could mean people losing their businesses and houses. It’s like people forgot 2008.

And what happened since 2009? The stock market and housing prices went up and the unemployment rate has dropped since.

MAGA is now advocating for recession and people losing their livelihoods and homes.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:We are winning. BIGLY. Going to the cliff at full speed. My theory is that the current admin wants to alienate every ally, crash economy, then global economy, remove dollar reserve status, and default on US debt. Wipe it clean, and start from scratch and then enter the age of prosperity. Maybe extreme way to do it, but my brain is too small to think why would you rush to recession/depression. I pray global war is not in the program.

That plan doesn't end in prosperity for the US or its citizens. However, it will be a bigly windfall for the oligarchs.

Explain it to me ike I am 5 how this plan ends up putting the USA in a good place.

I do think that when things turn from theoretical ("we're going to have to tighten our belts!" "short term pain!" "temporary retraction!") to real, some people will wake up. (notice that i said "some.")

It's one thing to think that there will be some temporary pain (which many will think will mostly affect other people-- not them!). it's another to lose your job and be unable to find another one. plus high inflation. plus maybe your retirement account is crashing. people can only be told to "hold on, it's just temporary" for so long. and then they might be questioning what's really on the other side of this "temporary" pain.

+1 short term pain could mean people losing their businesses and houses. It’s like people forgot 2008.

And what happened since 2009? The stock market and housing prices went up and the unemployment rate has dropped since.

Because there was a smart democratic administration. There is zero record of the GOP being able to handle this stuff at all, you know, governing.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:We are winning. BIGLY. Going to the cliff at full speed. My theory is that the current admin wants to alienate every ally, crash economy, then global economy, remove dollar reserve status, and default on US debt. Wipe it clean, and start from scratch and then enter the age of prosperity. Maybe extreme way to do it, but my brain is too small to think why would you rush to recession/depression. I pray global war is not in the program.

That plan doesn't end in prosperity for the US or its citizens. However, it will be a bigly windfall for the oligarchs.

Explain it to me ike I am 5 how this plan ends up putting the USA in a good place.

I do think that when things turn from theoretical ("we're going to have to tighten our belts!" "short term pain!" "temporary retraction!") to real, some people will wake up. (notice that i said "some.")

It's one thing to think that there will be some temporary pain (which many will think will mostly affect other people-- not them!). it's another to lose your job and be unable to find another one. plus high inflation. plus maybe your retirement account is crashing. people can only be told to "hold on, it's just temporary" for so long. and then they might be questioning what's really on the other side of this "temporary" pain.

+1 short term pain could mean people losing their businesses and houses. It’s like people forgot 2008.

And what happened since 2009? The stock market and housing prices went up and the unemployment rate has dropped since.

MAGA is now advocating for recession and people losing their livelihoods and homes.

Well since 2009 the majority of the time we have had a Democratic president husbanding the economy. There was certainly some real hiccups during the TRUMP admin, but that's understandable. And Sleepy Joe somehow kept the US economy at the tippy top of the worldwide heap between naps . . . only to have it all tumble down in 42 days?

I guess MAGA is quietly advocating for Dem presidents.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:We are winning. BIGLY. Going to the cliff at full speed. My theory is that the current admin wants to alienate every ally, crash economy, then global economy, remove dollar reserve status, and default on US debt. Wipe it clean, and start from scratch and then enter the age of prosperity. Maybe extreme way to do it, but my brain is too small to think why would you rush to recession/depression. I pray global war is not in the program.

That plan doesn't end in prosperity for the US or its citizens. However, it will be a bigly windfall for the oligarchs.

Explain it to me ike I am 5 how this plan ends up putting the USA in a good place.

I do think that when things turn from theoretical ("we're going to have to tighten our belts!" "short term pain!" "temporary retraction!") to real, some people will wake up. (notice that i said "some.")

It's one thing to think that there will be some temporary pain (which many will think will mostly affect other people-- not them!). it's another to lose your job and be unable to find another one. plus high inflation. plus maybe your retirement account is crashing. people can only be told to "hold on, it's just temporary" for so long. and then they might be questioning what's really on the other side of this "temporary" pain.

+1 short term pain could mean people losing their businesses and houses. It’s like people forgot 2008.

And what happened since 2009? The stock market and housing prices went up and the unemployment rate has dropped since.

MAGA is now advocating for recession and people losing their livelihoods and homes.

Markets go up, markets go down. It's a natural cycle.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:We are winning. BIGLY. Going to the cliff at full speed. My theory is that the current admin wants to alienate every ally, crash economy, then global economy, remove dollar reserve status, and default on US debt. Wipe it clean, and start from scratch and then enter the age of prosperity. Maybe extreme way to do it, but my brain is too small to think why would you rush to recession/depression. I pray global war is not in the program.

That plan doesn't end in prosperity for the US or its citizens. However, it will be a bigly windfall for the oligarchs.

Explain it to me ike I am 5 how this plan ends up putting the USA in a good place.

I do think that when things turn from theoretical ("we're going to have to tighten our belts!" "short term pain!" "temporary retraction!") to real, some people will wake up. (notice that i said "some.")

It's one thing to think that there will be some temporary pain (which many will think will mostly affect other people-- not them!). it's another to lose your job and be unable to find another one. plus high inflation. plus maybe your retirement account is crashing. people can only be told to "hold on, it's just temporary" for so long. and then they might be questioning what's really on the other side of this "temporary" pain.

+1 short term pain could mean people losing their businesses and houses. It’s like people forgot 2008.

And what happened since 2009? The stock market and housing prices went up and the unemployment rate has dropped since.

MAGA is now advocating for recession and people losing their livelihoods and homes.

Markets go up, markets go down. It's a natural cycle.

Why don't you tell the class why the market is going down today? What caused this?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:We are winning. BIGLY. Going to the cliff at full speed. My theory is that the current admin wants to alienate every ally, crash economy, then global economy, remove dollar reserve status, and default on US debt. Wipe it clean, and start from scratch and then enter the age of prosperity. Maybe extreme way to do it, but my brain is too small to think why would you rush to recession/depression. I pray global war is not in the program.

That plan doesn't end in prosperity for the US or its citizens. However, it will be a bigly windfall for the oligarchs.

Explain it to me ike I am 5 how this plan ends up putting the USA in a good place.

I do think that when things turn from theoretical ("we're going to have to tighten our belts!" "short term pain!" "temporary retraction!") to real, some people will wake up. (notice that i said "some.")

It's one thing to think that there will be some temporary pain (which many will think will mostly affect other people-- not them!). it's another to lose your job and be unable to find another one. plus high inflation. plus maybe your retirement account is crashing. people can only be told to "hold on, it's just temporary" for so long. and then they might be questioning what's really on the other side of this "temporary" pain.

+1 short term pain could mean people losing their businesses and houses. It’s like people forgot 2008.

And what happened since 2009? The stock market and housing prices went up and the unemployment rate has dropped since.

MAGA is now advocating for recession and people losing their livelihoods and homes.

Well since 2009 the majority of the time we have had a Democratic president husbanding the economy. There was certainly some real hiccups during the TRUMP admin, but that's understandable. And Sleepy Joe somehow kept the US economy at the tippy top of the worldwide heap between naps . . . only to have it all tumble down in 42 days?

I guess MAGA is quietly advocating for Dem presidents.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:We are winning. BIGLY. Going to the cliff at full speed. My theory is that the current admin wants to alienate every ally, crash economy, then global economy, remove dollar reserve status, and default on US debt. Wipe it clean, and start from scratch and then enter the age of prosperity. Maybe extreme way to do it, but my brain is too small to think why would you rush to recession/depression. I pray global war is not in the program.

That plan doesn't end in prosperity for the US or its citizens. However, it will be a bigly windfall for the oligarchs.

Explain it to me ike I am 5 how this plan ends up putting the USA in a good place.

I do think that when things turn from theoretical ("we're going to have to tighten our belts!" "short term pain!" "temporary retraction!") to real, some people will wake up. (notice that i said "some.")

It's one thing to think that there will be some temporary pain (which many will think will mostly affect other people-- not them!). it's another to lose your job and be unable to find another one. plus high inflation. plus maybe your retirement account is crashing. people can only be told to "hold on, it's just temporary" for so long. and then they might be questioning what's really on the other side of this "temporary" pain.

+1 short term pain could mean people losing their businesses and houses. It’s like people forgot 2008.

And what happened since 2009? The stock market and housing prices went up and the unemployment rate has dropped since.

MAGA is now advocating for recession and people losing their livelihoods and homes.

Markets go up, markets go down. It's a natural cycle.

Except when an administration takes active steps to tank the economy, that isn't part of the cyclical nature of markets.