WaPo Data show D.C. area is feeling toll of federal spending cuts

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Life in 2025 is very normal in my McLean neighborhood, very similar to last year.

Congrats on your insulation, I guess? I don’t even live in the DC area—I’m about three hours away—but I was at a sports competition for my kid recently and overheard conversations among parents from a NoVa team about widespread layoffs among their neighborhood friends.

The vast majority of people who live in McLean have a lot of $$$ to weather the bad economy. It is what it is.

And a lot were faking it and not making it.

Doubtful. You cant fake living in a million dollar home and driving $80k vehicles and sending your kids to private school year after year. Its not sustainable.

You absolutely can. They can pay the bills and have nothing in the bank and find themselves losing all of it in seconds once a commission check doesn’t come through or a layoff or life event happens. Never confuse high earning with “rich” or “wealthy”.

2008 recession shows it can happen

[Anonymous]

Anonymous wrote:

Anonymous wrote:Uh, ya think?

Yeah, but now there's actual data show it's affecting everything...

Washingtonians are spending less
Consumer spending in D.C. is also starting to slip. Washingtonians are cutting back on things like dining out, clothing, and beauty products — and they’re doing so more sharply than people in other big cities. In June, spending at full-service restaurants was down 9 percent compared with the prior year, a steeper drop than in places like Atlanta, Boston and Miami.

The same pattern shows up in categories like apparel and entertainment, pointing to a local slowdown even as spending elsewhere holds steadier.

Housing construction is slowing
Predictably, with uncertainty looming, the real estate picture is starting to shift.

“We still have a shortage, meaning there is more demand for housing than supply,” Lee said. “And with that, the prices go up.”

But inventory is climbing, a sign that fewer buyers are competing for homes. At the same time, new apartment construction is tapping the brakes — about 8,000 units went up in the first quarter of 2025, well below the usual 12,000 to 16,000 seen in recent quarters.

Good. Most restaurants and homes in the DMV area are so overpriced to begin with. Most of the cut federal jobs weren’t necessary to begin with.

[Anonymous]

Anonymous wrote:

Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
I hope people understand this is just a taste. If you don't think so, look at the difference between revenues and expenditures. This isn't going to last. Get out now if you can.


You might want to ask Trump why he is decreasing taxes given what a bad idea it is.


The majority of Congress (i.e. the Republicans) all voted for the "Big Beautiful Bill" and its 3 trillion dollar increase in national debt. Which is why I'm diversifying my assets to have more non-US holdings. The time is coming for when the American house of cards will fall. Big fiscal deficits+ volatile leaders who don't respect institutions, laws or economic principles is a recipe for disaster.

Of course, you fail to mention how the national debt grew even more under Biden.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Uh, ya think?

Yeah, but now there's actual data show it's affecting everything...

Washingtonians are spending less
Consumer spending in D.C. is also starting to slip. Washingtonians are cutting back on things like dining out, clothing, and beauty products — and they’re doing so more sharply than people in other big cities. In June, spending at full-service restaurants was down 9 percent compared with the prior year, a steeper drop than in places like Atlanta, Boston and Miami.

The same pattern shows up in categories like apparel and entertainment, pointing to a local slowdown even as spending elsewhere holds steadier.

Housing construction is slowing
Predictably, with uncertainty looming, the real estate picture is starting to shift.

“We still have a shortage, meaning there is more demand for housing than supply,” Lee said. “And with that, the prices go up.”

But inventory is climbing, a sign that fewer buyers are competing for homes. At the same time, new apartment construction is tapping the brakes — about 8,000 units went up in the first quarter of 2025, well below the usual 12,000 to 16,000 seen in recent quarters.

Good. Most restaurants and homes in the DMV area are so overpriced to begin with. Most of the cut federal jobs weren’t necessary to begin with.

What do you do for a living?

[Anonymous]

Anonymous wrote:

Anonymous wrote:The start of the DMV's Great Depression...

Wait, I thought the Great Depression 2.0 was in April, when the stock market was “collapsing?”

Lol, so this is what the second Trump presidency is going to be like: every 3 to 4 months, some butthurt libs are going to predict the start of a new Great Depression, slink away when the data proves them wrong, and wait for the next idiots to emerge.

No kidding. Similar to Gore’s prediction on climate change while he owned a mansion housing 3 people that used more power than a small town.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Uh, ya think?

Yeah, but now there's actual data show it's affecting everything...

Washingtonians are spending less
Consumer spending in D.C. is also starting to slip. Washingtonians are cutting back on things like dining out, clothing, and beauty products — and they’re doing so more sharply than people in other big cities. In June, spending at full-service restaurants was down 9 percent compared with the prior year, a steeper drop than in places like Atlanta, Boston and Miami.

The same pattern shows up in categories like apparel and entertainment, pointing to a local slowdown even as spending elsewhere holds steadier.

Housing construction is slowing
Predictably, with uncertainty looming, the real estate picture is starting to shift.

“We still have a shortage, meaning there is more demand for housing than supply,” Lee said. “And with that, the prices go up.”

But inventory is climbing, a sign that fewer buyers are competing for homes. At the same time, new apartment construction is tapping the brakes — about 8,000 units went up in the first quarter of 2025, well below the usual 12,000 to 16,000 seen in recent quarters.

Good. Most restaurants and homes in the DMV area are so overpriced to begin with. Most of the cut federal jobs weren’t necessary to begin with.

What do you do for a living?

Business owner. Federal contractor to DoD. And business is really good.

[Anonymous]

Anonymous wrote:The start of the DMV's Great Depression...

https://www.msn.com/en-us/news/us/d-c-area-is-feeling-toll-of-federal-spending-cuts-these-charts-show-how/ar-AA1JRObu?ocid=entnewsntp&pc=U531&cvid=6890d25a18734144a31306a1b30b723e&ei=18

The Washington region’s economy is starting to wobble, with the disproportionate impacts of federal budget cuts compared to the rest of the country becoming harder to ignore.

From surging unemployment claims to shrinking contractor work to a pullback in local consumer spending, signs of strain are emerging across key sectors that once helped prop up the region. Amid concerns about slowing national economic growth, the Trump administration’s overhaul of the federal workforce, including the elimination of thousands of federal jobs, is being acutely felt in a national capital region that was already struggling to recover from the impacts of the pandemic.

1. Unemployment claims on the rise
In May, D.C.’s unemployment rate was 5.9 percent — the highest in more than three years.

The number of federal workers turning to unemployment insurance is climbing steadily, with claims rising 64 percent between February and June — from 1,064 to 1,747. That surge is starting to show up in the city’s bottom line: In June alone, D.C. paid out more than $2.5 million in federal civilian jobless benefits, a sharp jump from earlier in the spring.

Maryland saw a similar spike, with payments nearly doubling since April. In Virginia’s Fairfax County, unemployment has reached levels not seen since mid-2021.

And there’s still another shoe to drop.

The federal government is paying more than 154,000 people nationwide not to work as part of the Trump administration’s deferred resignation program. Terminated federal workers have also described lengthy delays in accessing paperwork necessary to file for unemployment. Calls and emails to former bosses and human resources officials have gone unanswered, some say. The bureaucratic morass, ongoing legal battles, and deferred resignation plan — which incentivized federal workers to quit but still be paid through Sept. 30 — means unemployment data is probably not yet capturing the scale of the workforce cuts.

Quoting WaPo Lol. Now there is an unbiased news source. Lol

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Uh, ya think?

Yeah, but now there's actual data show it's affecting everything...

Washingtonians are spending less
Consumer spending in D.C. is also starting to slip. Washingtonians are cutting back on things like dining out, clothing, and beauty products — and they’re doing so more sharply than people in other big cities. In June, spending at full-service restaurants was down 9 percent compared with the prior year, a steeper drop than in places like Atlanta, Boston and Miami.

The same pattern shows up in categories like apparel and entertainment, pointing to a local slowdown even as spending elsewhere holds steadier.

Housing construction is slowing
Predictably, with uncertainty looming, the real estate picture is starting to shift.

“We still have a shortage, meaning there is more demand for housing than supply,” Lee said. “And with that, the prices go up.”

But inventory is climbing, a sign that fewer buyers are competing for homes. At the same time, new apartment construction is tapping the brakes — about 8,000 units went up in the first quarter of 2025, well below the usual 12,000 to 16,000 seen in recent quarters.

Good. Most restaurants and homes in the DMV area are so overpriced to begin with. Most of the cut federal jobs weren’t necessary to begin with.

What do you do for a living?

Business owner. Federal contractor to DoD. And business is really good.

Got it. So government money good for you, but not for others.

[Anonymous]

Anonymous wrote:Life in 2025 is very normal in my McLean neighborhood, very similar to last year.

I’m in Great Falls. Don’t see any change.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Life in 2025 is very normal in my McLean neighborhood, very similar to last year.

I’m in Great Falls. Don’t see any change.

Because you don’t know your neighbors or have any friends.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Life in 2025 is very normal in my McLean neighborhood, very similar to last year.

Just like most neighborhoods but it’s too soon for many to feel the downturn of the economy and the effects of poor government policies.

“…poor government policies.”

Are you kidding me?!? Current govt federal job cutting is just what the taxpayer needs. The fat needs to be cut. The govt never stops growing. Time for these lazy overpaid govt workers who take every other Friday off to fend for themselves in the real world where you actually have to perform and deliver results.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Life in 2025 is very normal in my McLean neighborhood, very similar to last year.

I’m in Great Falls. Don’t see any change.

Because you don’t know your neighbors or have any friends.

I know all my neighbors and have more friends than I can count. I see them every day on the links or st the country club.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Life in 2025 is very normal in my McLean neighborhood, very similar to last year.

Just like most neighborhoods but it’s too soon for many to feel the downturn of the economy and the effects of poor government policies.

“…poor government policies.”

Are you kidding me?!? Current govt federal job cutting is just what the taxpayer needs. The fat needs to be cut. The govt never stops growing. Time for these lazy overpaid govt workers who take every other Friday off to fend for themselves in the real world where you actually have to perform and deliver results.

I agree, Trump and Vance need to go!

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Uh, ya think?

Yeah, but now there's actual data show it's affecting everything...

Washingtonians are spending less
Consumer spending in D.C. is also starting to slip. Washingtonians are cutting back on things like dining out, clothing, and beauty products — and they’re doing so more sharply than people in other big cities. In June, spending at full-service restaurants was down 9 percent compared with the prior year, a steeper drop than in places like Atlanta, Boston and Miami.

The same pattern shows up in categories like apparel and entertainment, pointing to a local slowdown even as spending elsewhere holds steadier.

Housing construction is slowing
Predictably, with uncertainty looming, the real estate picture is starting to shift.

“We still have a shortage, meaning there is more demand for housing than supply,” Lee said. “And with that, the prices go up.”

But inventory is climbing, a sign that fewer buyers are competing for homes. At the same time, new apartment construction is tapping the brakes — about 8,000 units went up in the first quarter of 2025, well below the usual 12,000 to 16,000 seen in recent quarters.

Good. Most restaurants and homes in the DMV area are so overpriced to begin with. Most of the cut federal jobs weren’t necessary to begin with.

What do you do for a living?

Business owner. Federal contractor to DoD. And business is really good.

Got it. So government money good for you, but not for others.

Nope. I actually have to perform and deliver results and compete unlike many govt workers who just have to have a pulse. I can be let go at any time unlike many govt employees who think they have job protection in perpetuity. I could fire a quarter of the workers in that 5-sided building and it wouldn’t make a difference to our military members /warfighters.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Life in 2025 is very normal in my McLean neighborhood, very similar to last year.

Just like most neighborhoods but it’s too soon for many to feel the downturn of the economy and the effects of poor government policies.

“…poor government policies.”

Are you kidding me?!? Current govt federal job cutting is just what the taxpayer needs. The fat needs to be cut. The govt never stops growing. Time for these lazy overpaid govt workers who take every other Friday off to fend for themselves in the real world where you actually have to perform and deliver results.

I agree, Trump and Vance need to go!

That’s what elections are for. You know the ones where Americans (not counting all the illegals who voted) gave the Democrats the boot because of their ineffective and cognitively clueless President and ineffective policies.