Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:The stock market is rallying. No one else sees this as economic doomsday.
And, these cuts affect DC based feds a lot more. Feds outside of DC might lose their job, but their community will remain robust. Real estate won't crater, and the job market will won't be oversaturated the way it will be in DC.
DC feds are hosed. RIP the job market, real estate market, tax base, etc.
Maybe. However, RTO could boost the DC economy. When COVID hit and everyone started WFH, local restaurants, dry cleaners, coffee shops, hair salons, professional clothing stores, etc had to lay off a lot of workers or close entirely. RTO for federal workers, even a reduced number, could have a ripple effect by boosting these businesses. Similarly, companies contracting with the government may move their offices to DC in order to be closer to their customers, and the number of trade shows may increase as well.
Every Fed I know is tightening the belt and intentionally spending less, intentionally packing lunch and skipping coffee. Did you think people were just going to internalize an extra $2-3k expense and spend like it’s 2019?
Well, that means they may end up eating healthier, so a win for MAHA.
Also, not spending like it's 2019 might lead to greater financial responsibility on the home front. That's what Trump and Elon seem to be doing at the government level.
Sure. Just saying, the boom small businesses are hoping to materialize won’t. People aren’t spending, there is no growth. Only so many coffees and yachts a billionaire can buy. Which is why everyone with a brain who can read knows that trickle down economics is a farce, and a strong middle class is what makes this country prosperous.
Restaurants will adapt. Food trucks instead of sit down ones. More carry out sandwiches instead of tables and wait staff. RTO is back and people need to eat. They will cut in other places.
Anonymous wrote:Lisa Murkowski opines on the loss of federal jobs in Alaska
https://bsky.app/profile/murshedz.bsky.social/post/3lia4z26ols2u
The problem with this is that each Seantor and particularly GOP senators, will fight for the jobs in their states and they are likely to be restored, but the blue states will be left high and dry.
Anonymous wrote:https://www.reddit.com/r/BlackPeopleComedy/comments/1iptua5/who_couldve_seen_it_coming/
To a musical accompaniment, no less.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:
Why is a Cuban getting deported?
He was apparently a con man. Now he'll go to Guantanamo if Cuba doesn't let him in.
A con man? I'm surprised Trump isn't hiring him.
Anonymous wrote:https://www.wsj.com/politics/policy/federal-workers-doge-job-cuts-maps-988416ec
"More than half of the 100 congressional districts with the largest proportion of federal workers are held by the GOP, according to a Wall Street Journal analysis."
Anonymous wrote:Anonymous wrote:The stock market is rallying. No one else sees this as economic doomsday.
And, these cuts affect DC based feds a lot more. Feds outside of DC might lose their job, but their community will remain robust. Real estate won't crater, and the job market will won't be oversaturated the way it will be in DC.
DC feds are hosed. RIP the job market, real estate market, tax base, etc.
Maybe. However, RTO could boost the DC economy. When COVID hit and everyone started WFH, local restaurants, dry cleaners, coffee shops, hair salons, professional clothing stores, etc had to lay off a lot of workers or close entirely. RTO for federal workers, even a reduced number, could have a ripple effect by boosting these businesses. Similarly, companies contracting with the government may move their offices to DC in order to be closer to their customers, and the number of trade shows may increase as well.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:My massage therapist voted for Trump because of low taxes, I went there the other day and the place was practically empty on a Sunday ( which has NEVER happened before). She said people are cutting back and she has no customers, I thought to myself that well this takes care of the income tax problem, no income so no tax.
I can’t believe the stupidity of small businesses and non fed people, they didn’t bother to think that if their clients lose jobs then they lose business, but here we are. I have a couple of relatives in Baltimore who voted for Trump and their business sales are in the dump. I have zero sympathy.
Btw, I am not a Fed but I have 2 brain cells to figure out that pretty much everything in DC is tied to the Federal government.
You seem to be suggesting that people in America should vote for what's best for the people in the DC metro area? Why would someone in Illinois vote so that DC area workers are employed by the government?
What a dumba$$, thinking that Feds only exist in DC.
Exactly. Dumb AF. The majority work outside DC and universities that get fed funding for research have to cut. Many of these are in MAGA land and confederate country. WSJ had a story.
Goodbye, U Alabama!
Not just Alabama will be impacted. They are the only state with a university getting NIH funding.
https://www.americanprogress.org/article/how-cuts-to-nih-research-funding-would-hurt-states/
They don't care. They make $100 million yearly off their football program
Funny. Katie Britt seems to care about the $42 million they'll lose due to NIH cuts.
"Republican Sen. Katie Britt is one of President Donald Trump’s biggest supporters. She shepherded the Laken Riley Act, Trump’s first big piece of anti-immigration legislation, through the Senate, and famously delivered the response to Joe Biden’s final State of the Union address.
But last week, the Trump administration dropped a tactical nuke on her state when the National Institutes of Health announced that it would cap the amount of indirect costs that research institutions can charge the government at 15 percent.
That’s because plenty of people in her state rely on jobs funded by the NIH. Alabama received 99 awards worth more than $42 million for 2025 alone."
But she's also really busy forcing car manufacturers to keep installing AM radio in cars.
https://www.msn.com/en-us/news/us/bill-to-mandate-am-radio-installations-in-vehicles-moving-through-us-senate/ar-AA1z5dMy
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:The stock market is rallying. No one else sees this as economic doomsday.
And, these cuts affect DC based feds a lot more. Feds outside of DC might lose their job, but their community will remain robust. Real estate won't crater, and the job market will won't be oversaturated the way it will be in DC.
DC feds are hosed. RIP the job market, real estate market, tax base, etc.
Maybe. However, RTO could boost the DC economy. When COVID hit and everyone started WFH, local restaurants, dry cleaners, coffee shops, hair salons, professional clothing stores, etc had to lay off a lot of workers or close entirely. RTO for federal workers, even a reduced number, could have a ripple effect by boosting these businesses. Similarly, companies contracting with the government may move their offices to DC in order to be closer to their customers, and the number of trade shows may increase as well.
Every Fed I know is tightening the belt and intentionally spending less, intentionally packing lunch and skipping coffee. Did you think people were just going to internalize an extra $2-3k expense and spend like it’s 2019?
Well, that means they may end up eating healthier, so a win for MAHA.
Also, not spending like it's 2019 might lead to greater financial responsibility on the home front. That's what Trump and Elon seem to be doing at the government level.
Sure. Just saying, the boom small businesses are hoping to materialize won’t. People aren’t spending, there is no growth. Only so many coffees and yachts a billionaire can buy. Which is why everyone with a brain who can read knows that trickle down economics is a farce, and a strong middle class is what makes this country prosperous.
Restaurants will adapt. Food trucks instead of sit down ones. More carry out sandwiches instead of tables and wait staff. RTO is back and people need to eat. They will cut in other places.
Anonymous wrote:Anonymous wrote:Anonymous wrote:The stock market is rallying. No one else sees this as economic doomsday.
And, these cuts affect DC based feds a lot more. Feds outside of DC might lose their job, but their community will remain robust. Real estate won't crater, and the job market will won't be oversaturated the way it will be in DC.
DC feds are hosed. RIP the job market, real estate market, tax base, etc.
Maybe. However, RTO could boost the DC economy. When COVID hit and everyone started WFH, local restaurants, dry cleaners, coffee shops, hair salons, professional clothing stores, etc had to lay off a lot of workers or close entirely. RTO for federal workers, even a reduced number, could have a ripple effect by boosting these businesses. Similarly, companies contracting with the government may move their offices to DC in order to be closer to their customers, and the number of trade shows may increase as well.
I'm not spending on any of the above until further notice. Too risky.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:The stock market is rallying. No one else sees this as economic doomsday.
And, these cuts affect DC based feds a lot more. Feds outside of DC might lose their job, but their community will remain robust. Real estate won't crater, and the job market will won't be oversaturated the way it will be in DC.
DC feds are hosed. RIP the job market, real estate market, tax base, etc.
Maybe. However, RTO could boost the DC economy. When COVID hit and everyone started WFH, local restaurants, dry cleaners, coffee shops, hair salons, professional clothing stores, etc had to lay off a lot of workers or close entirely. RTO for federal workers, even a reduced number, could have a ripple effect by boosting these businesses. Similarly, companies contracting with the government may move their offices to DC in order to be closer to their customers, and the number of trade shows may increase as well.
Every Fed I know is tightening the belt and intentionally spending less, intentionally packing lunch and skipping coffee. Did you think people were just going to internalize an extra $2-3k expense and spend like it’s 2019?
Well, that means they may end up eating healthier, so a win for MAHA.
Also, not spending like it's 2019 might lead to greater financial responsibility on the home front. That's what Trump and Elon seem to be doing at the government level.
Sure. Just saying, the boom small businesses are hoping to materialize won’t. People aren’t spending, there is no growth. Only so many coffees and yachts a billionaire can buy. Which is why everyone with a brain who can read knows that trickle down economics is a farce, and a strong middle class is what makes this country prosperous.
Restaurants will adapt. Food trucks instead of sit down ones. More carry out sandwiches instead of tables and wait staff. RTO is back and people need to eat. They will cut in other places.
Anonymous wrote:Anonymous wrote:The stock market is rallying. No one else sees this as economic doomsday.
And, these cuts affect DC based feds a lot more. Feds outside of DC might lose their job, but their community will remain robust. Real estate won't crater, and the job market will won't be oversaturated the way it will be in DC.
DC feds are hosed. RIP the job market, real estate market, tax base, etc.
Maybe. However, RTO could boost the DC economy. When COVID hit and everyone started WFH, local restaurants, dry cleaners, coffee shops, hair salons, professional clothing stores, etc had to lay off a lot of workers or close entirely. RTO for federal workers, even a reduced number, could have a ripple effect by boosting these businesses. Similarly, companies contracting with the government may move their offices to DC in order to be closer to their customers, and the number of trade shows may increase as well.