"let's become Cuba"

What a great description for what the US will become and how the cars everyone owns will be frozen in time.

You're delusional and insular enough to think Trump can tariff the entire world with zero impacts to the US economy?

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:But wait everyone keeps talking about federal spending being cut

Yes. Spending has been going up since Trump was inaugurated. It’s just not being spent on rural or urban Americans. Wonder what it’s being spent on??

Spending is up because people have been buying stuff ahead of the tariffs.

No. This is a reference to US government spending. Taxpayers dollars that are leaving the treasury. Monies that Trump’s government is spending despite all the DOGE cuts and destruction.

The vast majority of federal employees who have been laid off are still receiving paychecks. For now. Congress will decide whether they return to work or are totally let go. Once they get around to it. In the meantime, they are getting paid to stay home and do nothing.

While this is true, it doesn’t account for federal spending going up ever since Trump was inaugurated.

The DOGE contract cuts have mostly been illusory. Freezing grants was unlawful and enjoined, cutting funds to research universities doesn't move the needle much for reducing federal spending.

If Republicans actually want to reduce spending, they would look to someone with experience of improving a business or enterprise rather than Musk who has no experience with that.

Maybe they aren't actually interested in reducing spending...

I think they are actually interested in reducing spending. The problem is that they are also reducing revenue, by way more than they are reducing spending. The deficit will be going up, bigly.

Personally, I am tired of the winning.

Liberating retirement accounts from their assets.

Moody’s chief economist weighs in

GOLDMAN hikes its odds of US recession to 35% — from a prior 20%.

The move reflects “the sharp recent deterioration in household and business confidence, and statements from White House officials indicating greater willingness to tolerate near-term economic weakness in pursuit of their policies.”

https://bsky.app/profile/carlquintanilla.bsky.social/post/3llmtqkcybc2v

Gotta touch the stove. We tried to protect people from themselves, they didn't want it - now they get to see what happens when they let this demented moron loose on things.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:But wait everyone keeps talking about federal spending being cut

Yes. Spending has been going up since Trump was inaugurated. It’s just not being spent on rural or urban Americans. Wonder what it’s being spent on??

Spending is up because people have been buying stuff ahead of the tariffs.

This is government spending, not consumer spending. Is the government buying stuff ahead of the tariffs?

You are right, this refers to government spending. It just exposes what a sham "DOGE" is...they are taking huge amounts of money for themselves while decimating effective goverment programs

Anonymous wrote:Stagflation is becoming the new forecast baseline

https://www.axios.com/2025/03/30/stagflation-economy-inflation-growth

Yup. Trump really is intent on taking us back to the 70s.

Here’s Forbes:
A return to a 1970s-style stagflation scenario would be disastrous for investors, yet recent economic indicators suggest a similar pattern may be unfolding. While inflation has eased from its 2022 peaks, it remains stubbornly above the Federal Reserve’s 2% target. At the same time, consumer sentiment has dropped sharply, business activity is slowing as companies await clarity on trade policy, and key labor market indicators are beginning to weaken—all signs of a cooling economy.

https://www.forbes.com/sites/garthfriesen/2025/03/29/stagflation-warning-signs-emerge-in-the-us-economy/

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:But wait everyone keeps talking about federal spending being cut

Yes. Spending has been going up since Trump was inaugurated. It’s just not being spent on rural or urban Americans. Wonder what it’s being spent on??

Spending is up because people have been buying stuff ahead of the tariffs.

This is government spending, not consumer spending. Is the government buying stuff ahead of the tariffs?

Stagflation is becoming the new forecast baseline

https://www.axios.com/2025/03/30/stagflation-economy-inflation-growth

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:But wait everyone keeps talking about federal spending being cut

Yes. Spending has been going up since Trump was inaugurated. It’s just not being spent on rural or urban Americans. Wonder what it’s being spent on??

Spending is up because people have been buying stuff ahead of the tariffs.

No. This is a reference to US government spending. Taxpayers dollars that are leaving the treasury. Monies that Trump’s government is spending despite all the DOGE cuts and destruction.

The vast majority of federal employees who have been laid off are still receiving paychecks. For now. Congress will decide whether they return to work or are totally let go. Once they get around to it. In the meantime, they are getting paid to stay home and do nothing.

While this is true, it doesn’t account for federal spending going up ever since Trump was inaugurated.

The DOGE contract cuts have mostly been illusory. Freezing grants was unlawful and enjoined, cutting funds to research universities doesn't move the needle much for reducing federal spending.

If Republicans actually want to reduce spending, they would look to someone with experience of improving a business or enterprise rather than Musk who has no experience with that.

Maybe they aren't actually interested in reducing spending...