Trump_is_Mentally_fit Posted 15 hours ago Author Posted 15 hours ago Hate to ask, but can he be any more stupid? Now 50% tariff on steel from Canada! Aluminum too! Will we have to buy beer bottles now? Or will beer come in plastic containers?
Doc Posted 15 hours ago Posted 15 hours ago 11 hours ago, Big Blitz said: Tragic news for the commies. Egg prices are plummeting https://x.com/endwokeness/status/1899289878384288200?s=46&t=XnJPB0vm-gWk34ikDvnV1g These threads are going to be high comedy come January. Crap. I just set up getting eggs for $5/dozen from the OR manager at work. 1
Trump_is_Mentally_fit Posted 14 hours ago Author Posted 14 hours ago Gosh, these people were blathering on about how Biden was sure as heck, someday, going to make a recession--Fox news was sure of it!--now have Trump, who said, want a recession, hold my beer! https://www.marketwatch.com/story/small-businesses-reacted-with-jubilation-to-trumps-victory-now-theyre-very-uncertain-on-the-economy-8e8ea8bc Small-business owners — a group that emphatically cheered the election of President Donald Trump and a Republican Congress — now are reporting near-historic levels of uncertainty about the future. The National Federation of Independent Business reported that its small-business optimism index fell 2.1 points in February to a reading of 100.7. The NFIB’s uncertainty index rose 4 points to 104, the second-highest reading ever, which in its current monthly form dates back to 1986. Small-business uncertainty indexSum of 'don't know' and 'uncertain' answers on six questionsSource: NFIB
B-Man Posted 14 hours ago Posted 14 hours ago If we are having a recession over a decline in govt spending, then the GDP wasn't real to begin with. The US govt has a $2 trillion annual budget deficit. That is basically $2 trillion of artificial GDP that is funded by more debt. Removing $2 trillion of GDP is where the actual economy is. https://x.com/WallStreetMav/status/1899190558687670304?
TH3 Posted 14 hours ago Posted 14 hours ago (edited) 6 minutes ago, B-Man said: If we are having a recession over a decline in govt spending, then the GDP wasn't real to begin with. The US govt has a $2 trillion annual budget deficit. That is basically $2 trillion of artificial GDP that is funded by more debt. Removing $2 trillion of GDP is where the actual economy is. https://x.com/WallStreetMav/status/1899190558687670304? That’s not what’s happening maga pud but your brainwashed enough to believe it Edited 14 hours ago by TH3 1
B-Man Posted 13 hours ago Posted 13 hours ago Brace Yourselves: The Next Media BIG LIE Is About to Drop Stephen Green Before I tell you about the legacy dinosaur media's next BIG LIE, I need to show you how they'll sell it. It starts, as these things always do, with the Left attempting to control the language to alter your perceptions about how the economy performed under Presidentish Joe Biden and will perform under President Donald Trump. We might be done with Biden but he isn't done with us, as you're about to see. There was a recession in late 2021/early 2022, commonly defined as two consecutive quarters of economic shrinkage. Except the "non-partisan" National Bureau of Economic Research decided to change the commonly understood definition. In 2022, wouldn't you know, it turned out that "many factors go into that calculation," and that the Biden recession wasn't a recession at all when you looked at the "many factors" that nobody had ever looked at before. The White House got into the game, too, with the White House Council of Economic Advisors citing a "holistic look at the data," instead of playing by the established rules. The press played along and pretended the recession never happened. Convenient, eh? I'd also add that if you take away Biden's monstrous budget deficits, any economic growth that happened on his watch was an illusion. We entered a government-engineered recession during the lockdowns of 2020 and, thanks to epic economic mismanagement under Biden, we never left it. Budget deficits are a drag on future growth and should be subtracted from our GDP figures. But the same government that spends more than it takes in — currently by trillions of dollars — pretends that deficits are growth and, again, the press plays along. Private sector jobs and wages stagnated under Biden because everything was driven by Big Government and sold to you by Big Media. It was a helluva party that Biden threw for his well-connected buddies. Now comes the hangover, and some on the Left already have a word for the recession that hasn't happened yet: Trumpcession. Assuming we do end up with a recession, they'll probably call it the Trump Depression or something along those lines. I might be exaggerating but not by much. {snip} All of our "growth" for the last five years is due to unsustainable deficits that will haunt generations of Americans yet to be born. Economic decisions are increasingly driven by growth-killing mandates and regulations imposed by Biden and the Democrats during 2021-2022. Consumer spending is driven in large part by cheap imports from a country that hates us. Getting over our addiction to new debt will be painful. Undoing the Biden regulatory binge comes with political risks that some so-called Republicans in Congress refuse to take. Homeshoring — or at least friendshoring — comes with the shock and pain of tariffs. The last time a new president faced an economic crisis like this one was Ronald Reagan in 1981. The recession he engineered with Fed Chair Paul Volcker that year genuinely was one of the worst since the Great Depression, but it was the price that had to be paid to wring Johnson/Nixon/Carter stagflation out of the system. It was a helluva risk they took but it paid off with 20 years of almost uninterrupted and unprecedented growth. So hang on tight because the so-called Trumpcession is in reality the final price to be paid for four years of Joe Biden. https://pjmedia.com/vodkapundit/2025/03/11/the-legacy-dinosaur-media-has-the-next-big-lie-ready-to-go-n4937779 1
Joe Ferguson forever Posted 13 hours ago Posted 13 hours ago on the bright side, we're still traveling. Less crowded flights are good. https://www.cnbc.com/2025/03/11/airline-ceo-domestic-travel-demand.html 42 minutes ago, B-Man said: Brace Yourselves: The Next Media BIG LIE Is About to Drop Stephen Green Before I tell you about the legacy dinosaur media's next BIG LIE, I need to show you how they'll sell it. It starts, as these things always do, with the Left attempting to control the language to alter your perceptions about how the economy performed under Presidentish Joe Biden and will perform under President Donald Trump. We might be done with Biden but he isn't done with us, as you're about to see. There was a recession in late 2021/early 2022, commonly defined as two consecutive quarters of economic shrinkage. Except the "non-partisan" National Bureau of Economic Research decided to change the commonly understood definition. In 2022, wouldn't you know, it turned out that "many factors go into that calculation," and that the Biden recession wasn't a recession at all when you looked at the "many factors" that nobody had ever looked at before. The White House got into the game, too, with the White House Council of Economic Advisors citing a "holistic look at the data," instead of playing by the established rules. The press played along and pretended the recession never happened. Convenient, eh? I'd also add that if you take away Biden's monstrous budget deficits, any economic growth that happened on his watch was an illusion. We entered a government-engineered recession during the lockdowns of 2020 and, thanks to epic economic mismanagement under Biden, we never left it. Budget deficits are a drag on future growth and should be subtracted from our GDP figures. But the same government that spends more than it takes in — currently by trillions of dollars — pretends that deficits are growth and, again, the press plays along. Private sector jobs and wages stagnated under Biden because everything was driven by Big Government and sold to you by Big Media. It was a helluva party that Biden threw for his well-connected buddies. Now comes the hangover, and some on the Left already have a word for the recession that hasn't happened yet: Trumpcession. Assuming we do end up with a recession, they'll probably call it the Trump Depression or something along those lines. I might be exaggerating but not by much. {snip} All of our "growth" for the last five years is due to unsustainable deficits that will haunt generations of Americans yet to be born. Economic decisions are increasingly driven by growth-killing mandates and regulations imposed by Biden and the Democrats during 2021-2022. Consumer spending is driven in large part by cheap imports from a country that hates us. Getting over our addiction to new debt will be painful. Undoing the Biden regulatory binge comes with political risks that some so-called Republicans in Congress refuse to take. Homeshoring — or at least friendshoring — comes with the shock and pain of tariffs. The last time a new president faced an economic crisis like this one was Ronald Reagan in 1981. The recession he engineered with Fed Chair Paul Volcker that year genuinely was one of the worst since the Great Depression, but it was the price that had to be paid to wring Johnson/Nixon/Carter stagflation out of the system. It was a helluva risk they took but it paid off with 20 years of almost uninterrupted and unprecedented growth. So hang on tight because the so-called Trumpcession is in reality the final price to be paid for four years of Joe Biden. https://pjmedia.com/vodkapundit/2025/03/11/the-legacy-dinosaur-media-has-the-next-big-lie-ready-to-go-n4937779 Might have been good to tell the rubes what they were getting into before the election, don't ya think? Instead, he played the part of the wizard of oz. they'll figure it out in a few months.
The Frankish Reich Posted 13 hours ago Posted 13 hours ago (edited) https://www.wsj.com/economy/trump-team-recession-hard-landing-c8f23d5d?st=bERXCL One doddering old man gave us a soft landing. Another dotard insisted on a crash landing. Which one is mentally competent? The old fool who knows his limitations and defers to people who know WTF they're doing? Or the old fool who still thinks he's the smartest man in the room? Edited 13 hours ago by The Frankish Reich
Joe Ferguson forever Posted 13 hours ago Posted 13 hours ago 8 minutes ago, The Frankish Reich said: https://www.wsj.com/economy/trump-team-recession-hard-landing-c8f23d5d?st=bERXCL One doddering old man gave us a soft landing. Another dotard insisted on a crash landing. Which one is mentally competent? The old fool who knows his limitations and defers to people who know WTF they're doing? Or the old fool who still thinks he's the smartest man in the room? top read piece in WSJ today. From an analyst at a conservative think tank, this is disturbing “On Friday, I would have said I thought the administration was worried about their policies really slowing down the economy, and they were trying to lay the groundwork for the narrative that they inherited a weakening economy,” said Michael Strain, head of economic-policy studies at the right-leaning American Enterprise Institute. More recent comments seem to have gone beyond that. “Now, there’s almost a sense that if something goes wrong in the economy, then that’s fine,” said Perkins. “That’s making people quite nervous because if you get to the point where you are pushing the economy into a recession, there is no guarantee that that’s just going to pass quickly.”
Joe Ferguson forever Posted 12 hours ago Posted 12 hours ago 38 minutes ago, BillsFanNC said: ⬆️ I think demographics provide important insights. here are some from the WSJ. https://images.dowjones.com/wp-content/uploads/sites/183/2018/05/09164150/WSJ.com-Audience-Profile.pdf Doesn't meet my definition of mainstream. Do you disagree?
The Frankish Reich Posted 12 hours ago Posted 12 hours ago Stocks Extend Losses as Trump Ramps Up Canada Tariffs Blue chips fall 600 points; U.S. dollar weakens further President Trump said the U.S. will increase its planned 25% tariffs on Canadian steel and aluminum to 50%, in a response to Ottawa’s retaliation to U.S. tariffs. Trump also said he would “substantially increase” tariffs on cars coming into the U.S. on April 2. The WSJ online head, right now. Tired of so much winning yet? 1
All_Pro_Bills Posted 10 hours ago Posted 10 hours ago 5 hours ago, Trump_is_Mentally_fit said: Hate to ask, but can he be any more stupid? Now 50% tariff on steel from Canada! Aluminum too! Will we have to buy beer bottles now? Or will beer come in plastic containers? Keg and 1/2 Keg only.
JDHillFan Posted 10 hours ago Posted 10 hours ago 8 hours ago, SectionC3 said: don't know where that data comes from, but the U.S. Bureau of Labor statistics apparently has eggs even lower than your price. But still about 17% higher now than at the end of Biden's term. According to this, you are either perpetuating a hoax or lying. Maybe it’s one of those “I believe it was better under Biden if compounded annually” claims. https://tradingeconomics.com/commodity/eggs-us
Roundybout Posted 9 hours ago Posted 9 hours ago 4 minutes ago, Big Blitz said: $2.59 for gas today. Dow down nearly 500
Big Blitz Posted 9 hours ago Posted 9 hours ago 6 minutes ago, Roundybout said: Dow down nearly 500 Course correction in progress. Let me know how it is in 2026.
Roundybout Posted 9 hours ago Posted 9 hours ago 3 minutes ago, Big Blitz said: Course correction in progress. Let me know how it is in 2026. Lmfao if it keeps up, the Dems will win the midterms by Kim Jong Un numbers
4th&long Posted 9 hours ago Posted 9 hours ago You know you've ***** up when you lost Peter doocy. Lol!
Big Blitz Posted 7 hours ago Posted 7 hours ago 2 hours ago, Roundybout said: Lmfao if it keeps up, the Dems will win the midterms by Kim Jong Un numbers We got an economy to reboot. The people know it.
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