How long till the economy collapses?

[Anonymous]

Anonymous wrote:

Anonymous wrote:The posters on this thread don’t get the real threat. $36 TRILLION of debt. Think about that. The interest in that debt is over $1 TRILLION a year. If/when the country defaults on its debt, your liberal agendas won’t add up to diddly squat. The govt has a spending problem and as DOGE is clearly finding, a ton of money is wasted on programs that don’t benefit America. Time to cut the fat and there is a lot of it in the Federal Govt. I’ve seen plenty. Reducing strangulating and duplicative regulation will reduce the need for the huge bureaucracy.

Get off Murdoch's propaganda fox box. Seriously! Aim to take a more neutral stance. Read multiple foreign news sources then do what God intended us to do - think and form your own opinion. From your post you sound just like what the thought control MAGA is promoting.

It's no use. These brainwashed imbeciles drove us off a cliff.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:The posters on this thread don’t get the real threat. $36 TRILLION of debt. Think about that. The interest in that debt is over $1 TRILLION a year. If/when the country defaults on its debt, your liberal agendas won’t add up to diddly squat. The govt has a spending problem and as DOGE is clearly finding, a ton of money is wasted on programs that don’t benefit America. Time to cut the fat and there is a lot of it in the Federal Govt. I’ve seen plenty. Reducing strangulating and duplicative regulation will reduce the need for the huge bureaucracy.

Yes this is the real threat, and MAGA is going to fix it by adding trillions to the debt via tax cuts for billionaires. You are so smart!

+1 my god, why can’t MAGA pick up a newspaper. The budget that passed is on track to increase spending by $85M this year alone, despite massive firings.

Somehow Republicans are firing lots of feds, but not touching the defense contracts that are huge money wasters or all the aid to Israel.

Now that we aren't going to be in NATO don't need all those bases in Europe and could just walk away and give them to the countries and we would still save money. Won't need all those troops either. That would all help.

it’s pretty hilarious. not cutting defense spending it like me having 200k in credit card debt and declaring i’m giving up my vanilla lattes to become financially healthy.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:The posters on this thread don’t get the real threat. $36 TRILLION of debt. Think about that. The interest in that debt is over $1 TRILLION a year. If/when the country defaults on its debt, your liberal agendas won’t add up to diddly squat. The govt has a spending problem and as DOGE is clearly finding, a ton of money is wasted on programs that don’t benefit America. Time to cut the fat and there is a lot of it in the Federal Govt. I’ve seen plenty. Reducing strangulating and duplicative regulation will reduce the need for the huge bureaucracy.

Yes this is the real threat, and MAGA is going to fix it by adding trillions to the debt via tax cuts for billionaires. You are so smart!

+1 my god, why can’t MAGA pick up a newspaper. The budget that passed is on track to increase spending by $85M this year alone, despite massive firings.

Somehow Republicans are firing lots of feds, but not touching the defense contracts that are huge money wasters or all the aid to Israel.

Now that we aren't going to be in NATO don't need all those bases in Europe and could just walk away and give them to the countries and we would still save money. Won't need all those troops either. That would all help.

it’s pretty hilarious. not cutting defense spending it like me having 200k in credit card debt and declaring i’m giving up my vanilla lattes to become financially healthy.

+1

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:The posters on this thread don’t get the real threat. $36 TRILLION of debt. Think about that. The interest in that debt is over $1 TRILLION a year. If/when the country defaults on its debt, your liberal agendas won’t add up to diddly squat. The govt has a spending problem and as DOGE is clearly finding, a ton of money is wasted on programs that don’t benefit America. Time to cut the fat and there is a lot of it in the Federal Govt. I’ve seen plenty. Reducing strangulating and duplicative regulation will reduce the need for the huge bureaucracy.

Yes this is the real threat, and MAGA is going to fix it by adding trillions to the debt via tax cuts for billionaires. You are so smart!

+1 my god, why can’t MAGA pick up a newspaper. The budget that passed is on track to increase spending by $85M this year alone, despite massive firings.

Somehow Republicans are firing lots of feds, but not touching the defense contracts that are huge money wasters or all the aid to Israel.

Now that we aren't going to be in NATO don't need all those bases in Europe and could just walk away and give them to the countries and we would still save money. Won't need all those troops either. That would all help.

it’s pretty hilarious. not cutting defense spending it like me having 200k in credit card debt and declaring i’m giving up my vanilla lattes to become financially healthy.

Nah, it's giving up avocado toast. That was always marketed as the one thing Millennials needed to give up to get rid of debt, save up for a mortgage, etc.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:The posters on this thread don’t get the real threat. $36 TRILLION of debt. Think about that. The interest in that debt is over $1 TRILLION a year. If/when the country defaults on its debt, your liberal agendas won’t add up to diddly squat. The govt has a spending problem and as DOGE is clearly finding, a ton of money is wasted on programs that don’t benefit America. Time to cut the fat and there is a lot of it in the Federal Govt. I’ve seen plenty. Reducing strangulating and duplicative regulation will reduce the need for the huge bureaucracy.

Yes this is the real threat, and MAGA is going to fix it by adding trillions to the debt via tax cuts for billionaires. You are so smart!

+1 my god, why can’t MAGA pick up a newspaper. The budget that passed is on track to increase spending by $85M this year alone, despite massive firings.

Somehow Republicans are firing lots of feds, but not touching the defense contracts that are huge money wasters or all the aid to Israel.

Now that we aren't going to be in NATO don't need all those bases in Europe and could just walk away and give them to the countries and we would still save money. Won't need all those troops either. That would all help.

it’s pretty hilarious. not cutting defense spending it like me having 200k in credit card debt and declaring i’m giving up my vanilla lattes to become financially healthy.

Nah, it's giving up avocado toast. That was always marketed as the one thing Millennials needed to give up to get rid of debt, save up for a mortgage, etc.

I'm a millennial and there's something so darkly comic about our generation's timing. Our childhood was defined by 9/11 and two wars, we graduated with historic amounts or debt, entered into the job market during a recession, parented young children during covid, had to buy a house during a housing crisis, and now...this. God is smiting us for something!

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:The posters on this thread don’t get the real threat. $36 TRILLION of debt. Think about that. The interest in that debt is over $1 TRILLION a year. If/when the country defaults on its debt, your liberal agendas won’t add up to diddly squat. The govt has a spending problem and as DOGE is clearly finding, a ton of money is wasted on programs that don’t benefit America. Time to cut the fat and there is a lot of it in the Federal Govt. I’ve seen plenty. Reducing strangulating and duplicative regulation will reduce the need for the huge bureaucracy.

Yes this is the real threat, and MAGA is going to fix it by adding trillions to the debt via tax cuts for billionaires. You are so smart!

+1 my god, why can’t MAGA pick up a newspaper. The budget that passed is on track to increase spending by $85M this year alone, despite massive firings.

Somehow Republicans are firing lots of feds, but not touching the defense contracts that are huge money wasters or all the aid to Israel.

Now that we aren't going to be in NATO don't need all those bases in Europe and could just walk away and give them to the countries and we would still save money. Won't need all those troops either. That would all help.

it’s pretty hilarious. not cutting defense spending it like me having 200k in credit card debt and declaring i’m giving up my vanilla lattes to become financially healthy.

Nah, it's giving up avocado toast. That was always marketed as the one thing Millennials needed to give up to get rid of debt, save up for a mortgage, etc.

I'm a millennial and there's something so darkly comic about our generation's timing. Our childhood was defined by 9/11 and two wars, we graduated with historic amounts or debt, entered into the job market during a recession, parented young children during covid, had to buy a house during a housing crisis, and now...this. God is smiting us for something!

The Gen Z kids who missed HS graduation because of covid are now being fired from their federal jobs

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Fox and MAGA will soon have to deal with immense amounts of cognitive dissonance. WINNING!

They’ll blame Biden then when that doesn’t work Trump will blame Musk. You just know he’s the fall guy. He’s too autistic to see it.

Who can you be the "fall guy" when you have billions? He'll just wreck everything and walk away unscathed.

My husband is convinced this is going to end with him in a guillotine.

If there's any justice, he would already have been tried for treason and hanged.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Fox and MAGA will soon have to deal with immense amounts of cognitive dissonance. WINNING!

They’ll blame Biden then when that doesn’t work Trump will blame Musk. You just know he’s the fall guy. He’s too autistic to see it.

Who can you be the "fall guy" when you have billions? He'll just wreck everything and walk away unscathed.

My husband is convinced this is going to end with him in a guillotine.

We can only hope.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:The posters on this thread don’t get the real threat. $36 TRILLION of debt. Think about that. The interest in that debt is over $1 TRILLION a year. If/when the country defaults on its debt, your liberal agendas won’t add up to diddly squat. The govt has a spending problem and as DOGE is clearly finding, a ton of money is wasted on programs that don’t benefit America. Time to cut the fat and there is a lot of it in the Federal Govt. I’ve seen plenty. Reducing strangulating and duplicative regulation will reduce the need for the huge bureaucracy.

Yes this is the real threat, and MAGA is going to fix it by adding trillions to the debt via tax cuts for billionaires. You are so smart!

+1 my god, why can’t MAGA pick up a newspaper. The budget that passed is on track to increase spending by $85M this year alone, despite massive firings.

Somehow Republicans are firing lots of feds, but not touching the defense contracts that are huge money wasters or all the aid to Israel.

Now that we aren't going to be in NATO don't need all those bases in Europe and could just walk away and give them to the countries and we would still save money. Won't need all those troops either. That would all help.

it’s pretty hilarious. not cutting defense spending it like me having 200k in credit card debt and declaring i’m giving up my vanilla lattes to become financially healthy.

Nah, it's giving up avocado toast. That was always marketed as the one thing Millennials needed to give up to get rid of debt, save up for a mortgage, etc.

I'm a millennial and there's something so darkly comic about our generation's timing. Our childhood was defined by 9/11 and two wars, we graduated with historic amounts or debt, entered into the job market during a recession, parented young children during covid, had to buy a house during a housing crisis, and now...this. God is smiting us for something!

Go cry in your oatmeal. Every generation has a sob story:

Boomers: Vietnam War, Cold War, oil crisis of the 70s, high mortgage rates in the late 70s/early 80s

GenX: AIDS epidemic, dot-com bubble, Great Recession 2008, Covid with older kids that need socialization

Millennials: 9/11, young kids in Covid, bad job market, whiney snowflakes that realize not everyone gets a trophy IRL

GenZ: Covid disrupted education, social media mental health problems, mass shootings

Gen Alpha: Covid impact on early education, climate change, AI revolution, WW3

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:The posters on this thread don’t get the real threat. $36 TRILLION of debt. Think about that. The interest in that debt is over $1 TRILLION a year. If/when the country defaults on its debt, your liberal agendas won’t add up to diddly squat. The govt has a spending problem and as DOGE is clearly finding, a ton of money is wasted on programs that don’t benefit America. Time to cut the fat and there is a lot of it in the Federal Govt. I’ve seen plenty. Reducing strangulating and duplicative regulation will reduce the need for the huge bureaucracy.

Yes this is the real threat, and MAGA is going to fix it by adding trillions to the debt via tax cuts for billionaires. You are so smart!

+1 my god, why can’t MAGA pick up a newspaper. The budget that passed is on track to increase spending by $85M this year alone, despite massive firings.

Somehow Republicans are firing lots of feds, but not touching the defense contracts that are huge money wasters or all the aid to Israel.

Now that we aren't going to be in NATO don't need all those bases in Europe and could just walk away and give them to the countries and we would still save money. Won't need all those troops either. That would all help.

it’s pretty hilarious. not cutting defense spending it like me having 200k in credit card debt and declaring i’m giving up my vanilla lattes to become financially healthy.

+1

They've issued a directive to reduce DOD spending by 8% each year for the next four years, so actually they are addressing that. (p.s. I'm a progressive, just noting that they are aiming to reduce there too)

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:The posters on this thread don’t get the real threat. $36 TRILLION of debt. Think about that. The interest in that debt is over $1 TRILLION a year. If/when the country defaults on its debt, your liberal agendas won’t add up to diddly squat. The govt has a spending problem and as DOGE is clearly finding, a ton of money is wasted on programs that don’t benefit America. Time to cut the fat and there is a lot of it in the Federal Govt. I’ve seen plenty. Reducing strangulating and duplicative regulation will reduce the need for the huge bureaucracy.

Yes this is the real threat, and MAGA is going to fix it by adding trillions to the debt via tax cuts for billionaires. You are so smart!

+1 my god, why can’t MAGA pick up a newspaper. The budget that passed is on track to increase spending by $85M this year alone, despite massive firings.

Somehow Republicans are firing lots of feds, but not touching the defense contracts that are huge money wasters or all the aid to Israel.

Now that we aren't going to be in NATO don't need all those bases in Europe and could just walk away and give them to the countries and we would still save money. Won't need all those troops either. That would all help.

it’s pretty hilarious. not cutting defense spending it like me having 200k in credit card debt and declaring i’m giving up my vanilla lattes to become financially healthy.

+1

They've issued a directive to reduce DOD spending by 8% each year for the next four years, so actually they are addressing that. (p.s. I'm a progressive, just noting that they are aiming to reduce there too)

No, they're not reducing defense spending. They're "redirecting" it.

Defense Secretary Pete Hegseth ordered the Pentagon to cut 8% of next year's defense budget – around $50 billion – from "low-impact and low-priority" Biden-era programs to redirect the funds towards President Donald Trump’s "America First priorities."

The military will put together a list of programs that could be axed to fund Trump's plans, including "so-called 'climate change' and other woke programs, as well as excessive bureaucracy," according to a statement from acting Deputy Secretary of Defense Robert Salesses on Wednesday night.

It was unclear from the statement what new programs would receive the money, but it said Trump's priorities included "securing our borders, building the Iron Dome for America, and ending radical and wasteful government DEI programs and preferencing."

https://www.usatoday.com/story/news/politics/2025/02/20/pete-hegseth-defense-budget-directive/79244204007/

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Updated Atlanta Fed GDPNow Q1 projection: negative 2.8%

https://www.atlantafed.org/cqer/research/gdpnow

There are some data issues because these models aren't really designed for these huge swings in gov spending, and there may be later inputs which smooth it out a bit. But going to be rough. If things like social security or VA payments show any signs of weakness, the pullback in consumer spending from that would be massive and could push us beyond recession and into a depression.

Is there any way to stop this speeding train?

Probably not- this plus the consumer confidence numbers point towards a snowball rolling down the hill, picking up speed quickly. These things tend to be self-reinforcing for a while- people decide they feel uncertain, they pull back on purchases, companies slow production and hiring, people pull back more, etc. The economic theory and actual data show that Keynesian pump priming is the key to getting out of that cycle, but these jabronis explicitly say they disagree with that. The President (Elon) said the other day that "Keynes was a great evil". They want to create a system where gov spending doesn't spur demand and investment- it is an award for kowtowing. Down that road leads Russian oligarchy and stagnation. Funny how these things line up!

S&P 500 down 2% so far today based on all this, plus the tariff "announcements" just now. Good times all around.

If the tariffs actually get implemented (and it looks like they will), it will be a lot worse tomorrow. The breakers may get tripped as people who were convinced Trump would delay them again rush for the exits. Following that will be a dead cat bounce and then more declines.

Yes, I remember watching the stock market fall in 2008. Hit the breakers one day, dead cat bounce the next. Then some time of falling falling falling.

And for nothing. The economy was doing okay - until Trump took a sledgehammer to it with massive firings and massive tariffs and crazy unpredictable behavior.

A madman is destroying America. And those who have the power to stop him, they are doing nothing.

I think it will be a depression vs recession.

We will have to come up with a new word since Great Depression and Great Recession are taken. Maybe Great Leap Forward?

One might say that it's a Four Year Plan.

Some may have to make sacrifices for the greater good. Those sacrifices may include some lives. As long as the Great Leap happens, it will be worth it.

My mom taught Chinese and Russian History and boy, this feels prescient.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:The posters on this thread don’t get the real threat. $36 TRILLION of debt. Think about that. The interest in that debt is over $1 TRILLION a year. If/when the country defaults on its debt, your liberal agendas won’t add up to diddly squat. The govt has a spending problem and as DOGE is clearly finding, a ton of money is wasted on programs that don’t benefit America. Time to cut the fat and there is a lot of it in the Federal Govt. I’ve seen plenty. Reducing strangulating and duplicative regulation will reduce the need for the huge bureaucracy.

Yes this is the real threat, and MAGA is going to fix it by adding trillions to the debt via tax cuts for billionaires. You are so smart!

+1 my god, why can’t MAGA pick up a newspaper. The budget that passed is on track to increase spending by $85M this year alone, despite massive firings.

Somehow Republicans are firing lots of feds, but not touching the defense contracts that are huge money wasters or all the aid to Israel.

Now that we aren't going to be in NATO don't need all those bases in Europe and could just walk away and give them to the countries and we would still save money. Won't need all those troops either. That would all help.

it’s pretty hilarious. not cutting defense spending it like me having 200k in credit card debt and declaring i’m giving up my vanilla lattes to become financially healthy.

+1

They've issued a directive to reduce DOD spending by 8% each year for the next four years, so actually they are addressing that. (p.s. I'm a progressive, just noting that they are aiming to reduce there too)

not. reduction, but a relocation. It’s a peter to Paul thing for DoD.

only way to move the needle is significant DOD cuts not moving 8% to Trumos american first.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:The posters on this thread don’t get the real threat. $36 TRILLION of debt. Think about that. The interest in that debt is over $1 TRILLION a year. If/when the country defaults on its debt, your liberal agendas won’t add up to diddly squat. The govt has a spending problem and as DOGE is clearly finding, a ton of money is wasted on programs that don’t benefit America. Time to cut the fat and there is a lot of it in the Federal Govt. I’ve seen plenty. Reducing strangulating and duplicative regulation will reduce the need for the huge bureaucracy.

Yes this is the real threat, and MAGA is going to fix it by adding trillions to the debt via tax cuts for billionaires. You are so smart!

+1 my god, why can’t MAGA pick up a newspaper. The budget that passed is on track to increase spending by $85M this year alone, despite massive firings.

Somehow Republicans are firing lots of feds, but not touching the defense contracts that are huge money wasters or all the aid to Israel.

Now that we aren't going to be in NATO don't need all those bases in Europe and could just walk away and give them to the countries and we would still save money. Won't need all those troops either. That would all help.

it’s pretty hilarious. not cutting defense spending it like me having 200k in credit card debt and declaring i’m giving up my vanilla lattes to become financially healthy.

Nah, it's giving up avocado toast. That was always marketed as the one thing Millennials needed to give up to get rid of debt, save up for a mortgage, etc.

I'm a millennial and there's something so darkly comic about our generation's timing. Our childhood was defined by 9/11 and two wars, we graduated with historic amounts or debt, entered into the job market during a recession, parented young children during covid, had to buy a house during a housing crisis, and now...this. God is smiting us for something!

Go cry in your oatmeal. Every generation has a sob story:

Boomers: Vietnam War, Cold War, oil crisis of the 70s, high mortgage rates in the late 70s/early 80s

GenX: AIDS epidemic, dot-com bubble, Great Recession 2008, Covid with older kids that need socialization

Millennials: 9/11, young kids in Covid, bad job market, whiney snowflakes that realize not everyone gets a trophy IRL

GenZ: Covid disrupted education, social media mental health problems, mass shootings

Gen Alpha: Covid impact on early education, climate change, AI revolution, WW3

Where did I say I was crying? In fact I'm laughing..."darkly comic". I can probably guess your generation by your lack of reading comprehension skills.

[Anonymous]

Anonymous wrote:The posters on this thread don’t get the real threat. $36 TRILLION of debt. Think about that. The interest in that debt is over $1 TRILLION a year. If/when the country defaults on its debt, your liberal agendas won’t add up to diddly squat. The govt has a spending problem and as DOGE is clearly finding, a ton of money is wasted on programs that don’t benefit America. Time to cut the fat and there is a lot of it in the Federal Govt. I’ve seen plenty. Reducing strangulating and duplicative regulation will reduce the need for the huge bureaucracy.

Maybe you should check how much the national debt went up during Trump’s first term. I’ll save you the time, 7.8 trillion.

So please stop saying “national debt “. It was never about that.