Reply to Executive Order on RIFs coming today

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Reply to "Executive Order on RIFs coming today"

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]It seems that these cuts would put the economy into a recession. Everything has a ripple effect. Consumer spending would contract. So everyone/everything the workers spend money on would be affected. Mortgage defaults would increase. And all this would happen at a time when prices will increase because of tariffs. As others noted, most of the federal workforce is outside DMV. This would have ripple effects for the entire nation.[/quote]

Kevin Hassett (CEA chair) was quoted as wanting to "reduce demand and increase labor supply to combat inflation" -- i.e. workforce cuts and spending cuts all at once. It's all going according to plan. The only ones coming out whole from this are the billionaires and cronies.[/quote]

You're not wrong, but the unspoken next step in this plan is recession. When there is reduced demand + a lot of people out of work (sorry, "increased labor supply"), you get recession. It's pretty sick when our government intentionally drives us into one. [/quote]

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