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

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[quote=Anonymous]Well, all of the GDP growth this year is tied to AI spending…which yeah, it could work out but it’s not proven yet and totally surpassed consumer spending. All of the new jobs are in healthcare and maintenance for old people nationally but the companies themselves are not doing well and neither are non AI companies. Gen Z is speculating on crypto and meme stocks because they can’t afford homes. Tech companies tank services to extract value from customers due to their monopolistic position. That’s while we gut basic science research and R&D across government, gut universities and China focuses on boring long term investments as the world’s source of manufacturing, including clean energy. Oh and we’re pissing off every single trading and military partner with mafia like tariff requirements all the while assuming the dollar will continue to be the world’s reserve currency. The world will ultimately move on without us because most countries want free trade. And get this, in the last 500 years, no financial power has ever beaten an industrial power in a conflict — so think of that every time China builds another bullet train, factory, and city. [/quote]

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