Big Blitz Posted March 11 Posted March 11 2 minutes ago, Roundybout said: Does tanking the stock market and shilling Tesla reboot the market to you? You can watch it everyday if you want. This dip to what it was way way way back in November of 2024 - is not due to some underlying fundamentals where we’re headed for disaster. It’s been an over inflated bubble for years. Trump isn’t acting on short sighted short term concern over the market. Long term structural changes are happening that will lead to a stock market stability real soon. Btw, the stock market isn’t the economy. Should FDR have stopped as the 1937 recession set in? I mean yea. But we got our welfare state in the long run. The opposite of that is coming. 1
4th&long Posted March 11 Posted March 11 It's Amateur hour at the white house. Trump is incompetent. 2
Big Blitz Posted March 11 Posted March 11 2 minutes ago, 4th&long said: It's Amateur hour at the white house. Trump is incompetent. Thank you for your service. Keep going! You can change minds with arguments like this. 1
4th&long Posted March 11 Posted March 11 Just now, Big Blitz said: Thank you for your service. Keep going! You can change minds with arguments like this. I don't need to change minds. I like to laugh in maga's face. Idiots.
Big Blitz Posted March 11 Posted March 11 2 minutes ago, 4th&long said: I don't need to change minds. I like to laugh in maga's face. Idiots. Just don’t stay on too late. Wouldn’t want mom to take your phone away.
Doc Posted March 12 Posted March 12 12 hours ago, Big Blitz said: Just don’t stay on too late. Wouldn’t want mom to take your phone away. He's a Boomer.
Big Blitz Posted March 12 Posted March 12 He’s doing it!!!! —Fyi - it won’t be linear. But we will get this economy on track
JFKjr Posted March 12 Posted March 12 14 hours ago, 4th&long said: It's Amateur hour at the white house. Trump is incompetent. Kamala gave an AMAZING discourse on Doritos the other day. 1
Trump_is_Mentally_fit Posted March 12 Author Posted March 12 How will we pay to get out of the Trump recession?
Big Blitz Posted March 12 Posted March 12 18 minutes ago, Trump_is_Mentally_fit said: How will we pay to get out of the Trump recession? What is the Democrats in the Senate plan to address this? Oh here you go Don’t worry. We got this. Nice to see your sham party laughably suddenly care about the debt. Absolutely hilarious.
Homelander Posted March 12 Posted March 12 MAGA math: having a majority and still not being able to pass legislation. 2
SectionC3 Posted March 13 Posted March 13 13 hours ago, Big Blitz said: He’s doing it!!!! —Fyi - it won’t be linear. But we will get this economy on track You mean back on track. It was on track. Then he acted like a bozo and knocked it off track. 5 hours ago, Big Blitz said: What is the Democrats in the Senate plan to address this? Oh here you go Don’t worry. We got this. Nice to see your sham party laughably suddenly care about the debt. Absolutely hilarious. Question - who do you think knows more about economics, Ray Dalio or Donald Trump? 1
Andy1 Posted March 13 Posted March 13 7 hours ago, B-Man said: That chart looks like it includes state and local government. A more relevant chart showing percent of jobs in government would be this:
All_Pro_Bills Posted March 13 Posted March 13 8 hours ago, SectionC3 said: Question - who do you think knows more about economics, Ray Dalio or Donald Trump? I don't think anybody knows anything and the economy and the markets are one giant speculation on the direction of interest rates. When the CPI and PPI numbers come out the reaction isn't on the impact of higher or lower inflation on businesses and consumers. Its about the impact on Federal Reserve policy.
SectionC3 Posted March 13 Posted March 13 (edited) 3 hours ago, All_Pro_Bills said: I don't think anybody knows anything and the economy and the markets are one giant speculation on the direction of interest rates. When the CPI and PPI numbers come out the reaction isn't on the impact of higher or lower inflation on businesses and consumers. It’s about the impact on Federal Reserve policy. I’m gonna go with Ray Dalio. He’s concerned that our debt will not be bought because the fool of a president had broken trust with lenders. That’s a big issue right now. The Trump plan is to use tariffs to offset his tax breaks for the rich. It’s never going to work because it’s unsupported by any type of rational mathematics. On top of that, his whiplash stupidity is not only draining capital from our markets, but scaring off lenders. This is a huge MFing problem because he’s not going to roll back his tax cuts for the rich. Which means more borrowing. Which returns us to huge MFing problem. Edited March 13 by SectionC3 1
B-Man Posted March 13 Posted March 13 Inflation cools in first full month of Trump term ABC News, by Max Zahn Consumer prices rose 2.8% in February compared to a year ago, easing slightly over the first full month under President Donald Trump and offering welcome news for markets roiled by a global trade war. Inflation cooled more than economists expected. Price increases slowed from a 3% inflation rate recorded in January, though inflation remain nearly a percentage point higher than the Federal Reserve's target of 2%. Egg prices, a closely watched symbol of price increases, soared 58.8% in February compared to a year ago, accelerating from the previous month. Bird flu has decimated the egg supply, lifting prices higher. https://abcnews.go.com/Business/inflation-report-set-arrive-amid-stock-slide-recession/story?id=119664371 . 2
Joe Ferguson forever Posted March 13 Posted March 13 37 minutes ago, SectionC3 said: I’m gonna go with Ray Dalio. He’s concerned that our debt will not be bought because the fool of a president had broken trust with lenders. That’s a big issue right now. The Trump plan is to use tariffs to offset his tax breaks for the rich. It’s never going to work because it’s unsupported by any type of ratio Al mathematics. On top of that, his whiplash stupidity is not only draining capital from our markets, but scaring off lenders. This is a huge MFing problem because he’s not going to roll back his tax cuts for the rich. Which means more borrowing. Which returns us to huge MFing problem. Geez, I can't figure out why MAGAs ignore the price tag for these tax cuts... 1
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