Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:IDK about you all, but my nail tech and hair stylist are booked out for weeks. The restaurants are busy, and the line at the Louis Vuitton store at the mall was a mile long. I'm in AZ.
Maybe they are getting their news from Fox News, which isn’t reporting everything - in other words, they have no idea what’s to come!
Nope they're getting their news from customer demand, which is the most effective predictor.
There are reports today that consumer spending has dropped. While they are attributing that to cold weather, it’s more likely that middle class families are reigning in spending due to the uncertainty in the air.
Anonymous wrote: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.
LOL. Fed family here. We are not setting foot in McDonald's let alone food trucks. What planet are you on? Grocery store sales and lunch packing, meal planning, that's how we eat. We're also growing our own veggies this summer, so no farmer's market. I have a sourdough starter and have been making my own bread. WE definitely have adapted. The restaurants cannot without clientele.
Oh, and now I am seeing my hairdresser once a year instead of every three months, although that might end too. Learned to do my own nails, not that hard. Literally the only money we are spending right now is on groceries and our bills.
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.
I'm not spending on any of the above until further notice. Too risky.
Notice from whom? And any cutbacks will only be temporary. Once you're more comfortable with your current situation, you will spend on these things.
As for when, Trump and DOGE need to be done with their shock and awe before things gear up for the midterms, which means Christmas of this year, if not earlier (they won't want to be Grinch, so probably October). Identifying fraud and waste will continue because those are a cudgel the GOP can wield against vulnerable Democrats.
Anonymous wrote:Anonymous wrote:I’m petty. I saw a compilation of MAGA who FAFO. White woman (in what looked like big, nice kitchen) losing SNAP. A farmer losing $ due to USAID closure. A woman from Venezuela whose entire community supported Trump.
I know, innocent people are being hurt but except for the white woman (with clothes with no holes and a nice looking house) they should know! A farmer who doesn’t know who he’s selling to? Sounds like a bad business person. He deserves this. Or the Venezuelan who thought she would be an exception but was fine with Africans and other Latinos to be deported? Idiot.
I’m not on ticktock where most people are posting. Please share. Yeh, I’m petty.
The womqn who lost SNAP did so because she bought a bunch of soda on sale with SNAP at Walmart and dumped it all out in the parking lot to get the cash for the cans. A police officer saw her
. I’m sure it’s all true. After all, its on Reddit…Anonymous wrote:Anonymous wrote:OP, if you haven't checked out this reddit yet: https://www.reddit.com/r/LeopardsAteMyFace/
Wowowow
Anonymous wrote:I’m petty. I saw a compilation of MAGA who FAFO. White woman (in what looked like big, nice kitchen) losing SNAP. A farmer losing $ due to USAID closure. A woman from Venezuela whose entire community supported Trump.
I know, innocent people are being hurt but except for the white woman (with clothes with no holes and a nice looking house) they should know! A farmer who doesn’t know who he’s selling to? Sounds like a bad business person. He deserves this. Or the Venezuelan who thought she would be an exception but was fine with Africans and other Latinos to be deported? Idiot.
I’m not on ticktock where most people are posting. Please share. Yeh, I’m petty.
Anonymous wrote:This place doesn’t let me quote’
Or It won’t work.
For the poster who said me voting for Trump will soon hurt me, I don’t vote me ME, I don’t rely on, count on, ask anyone for anything or help, YOU can’t rely on anyone..I don’t ask for help, I vote for America and Americans
Anonymous wrote:Anonymous wrote:Maybe you should reserve some anger for the Democratic establishment that let Biden linger for too long so there wouldn’t be a primary. If a moderate Dem like Tim Ryan or Fetterman, or anyone else who doesn’t spend their time hating on working class white people like the majority of this board in this thread, got the nomination we wouldn’t even be in this situation.
If you're an American that cares and pays attention to politics, you know that there is plenty of anger and blame to casts towards both of our awful major political parties. Trump and the GOP are in control now so it's inevitably fair and normal for most anger to be directed their way. Get used to it because if history tells us anything, Trump's popularity will dwindle substantially between now and the end of his second term.
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.
I'm not spending on any of the above until further notice. Too risky.
Notice from whom? And any cutbacks will only be temporary. Once you're more comfortable with your current situation, you will spend on these things.
As for when, Trump and DOGE need to be done with their shock and awe before things gear up for the midterms, which means Christmas of this year, if not earlier (they won't want to be Grinch, so probably October). Identifying fraud and waste will continue because those are a cudgel the GOP can wield against vulnerable Democrats.
Anonymous wrote:Anonymous wrote:Anonymous wrote:IDK about you all, but my nail tech and hair stylist are booked out for weeks. The restaurants are busy, and the line at the Louis Vuitton store at the mall was a mile long. I'm in AZ.
Maybe they are getting their news from Fox News, which isn’t reporting everything - in other words, they have no idea what’s to come!
Nope they're getting their news from customer demand, which is the most effective predictor.
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.
Anonymous wrote: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.
LOL. Fed family here. We are not setting foot in McDonald's let alone food trucks. What planet are you on? Grocery store sales and lunch packing, meal planning, that's how we eat. We're also growing our own veggies this summer, so no farmer's market. I have a sourdough starter and have been making my own bread. WE definitely have adapted. The restaurants cannot without clientele.
Oh, and now I am seeing my hairdresser once a year instead of every three months, although that might end too. Learned to do my own nails, not that hard. Literally the only money we are spending right now is on groceries and our bills.