October 2024: Musk, MAGA - yea the economy is going to be bad - short term

[Big Blitz]

2 minutes ago, Trump_is_Mentally_fit said:

 

 

So dig in! Don't listen to us

 

The people that got us here?  The Branch Covidians are going to lecture us on the economy?

 

 

Whats the plan there Chief?  Cry more?

[TH3]

1 hour ago, Big Blitz 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?s=46&t=XnJPB0vm-gWk34ikDvnV1g

 

 

Exactly

Actually   The Fed has a 2 trillion revenue deficit due to tax cuts to the wealthy, corporations and an unwillingness to adjust the metrics to properly fund SS. 
 

It then borrows this money make up the delta.

[Trump_is_Mentally_fit]

11 minutes ago, Big Blitz said:

 

The people that got us here?  The Branch Covidians are going to lecture us on the economy?

 

 

Whats the plan there Chief?  Cry more?

No, that's your job. I love how you whine people are complaining about the stock market being down. Well, news flash, it WAS going up, until ding ***** Donald showed he was serious about the stupid tariffs. Even Trump supporters were hoping he would wake up and not do them, but he is. 

 

Heck, they have barely started to work their magic of lower prosperity, higher prices and fewer jobs. 

 

What an idiotic move 

5 minutes ago, TH3 said:

Actually   The Fed has a 2 trillion revenue deficit due to tax cuts to the wealthy, corporations and an unwillingness to adjust the metrics to properly fund SS. 
 

It then borrows this money make up the delta.

And now Trump wants the tariffs to solve the revenue problem. 

 

Who the hell thinks more taxes on consumer lead to greater prosperity? 

 

MAGA just doesn't understand even easy concepts 

[4th&long]

I think space x should be in charge of maintaining air force one. 

[Roundybout]

1 hour ago, Big Blitz said:

 

https://x.com/bdabramson/status/1899215197698740353?s=46&t=XnJPB0vm-gWk34ikDvnV1g

 

 

For everyone going crazy about the stock market, the Dow is down 1.1% for the year and the S&P 500 is down 4.3%. 
 

If you can’t handle what’s tantamount to a small swing, you shouldn’t be in the market. 
 

Trump and Musk need to focus on the long term. No need to be deterred by short term market movements.

lol 

I mean, it's collapsed to levels not seen since the dark days of last September.

 

Interesting take. Rebuttal:

 

https://x.com/stevehou0/status/1899197579482591483?s=46&t=RLsRhQJBb5vROsgfJWkwSw

[stevestojan]

All the republicans who hated the idea of electric vehicles are now cool with the king of EVs running the country. Because orange daddy said you should like him. Absolutely beautiful. 
 

MAGA!!!!! 

[Big Blitz]

1 hour ago, Trump_is_Mentally_fit said:

No, that's your job. I love how you whine people are complaining about the stock market being down. Well, news flash, it WAS going up, until ding ***** Donald showed he was serious about the stupid tariffs. Even Trump supporters were hoping he would wake up and not do them, but he is. 

 

Heck, they have barely started to work their magic of lower prosperity, higher prices and fewer jobs. 

 

What an idiotic move 

And now Trump wants the tariffs to solve the revenue problem. 

 

Who the hell thinks more taxes on consumer lead to greater prosperity? 

 

MAGA just doesn't understand even easy concepts 

 

 

“Sorry America, that’s their job.  We won’t offer a plan.  Mostly bc we broke everything and should really sit this one out.” 
 

 

Yep.  You should.  Let the adults get the financial house in order.  

 

 

And P.S.

 

The stock market being “up” circa 2022 - 2024 did what for Americans exactly?  
 

B-U-B-B-L-E 

[stevestojan]

[Big Blitz]

Here is a rundown of the Democrats plan to address the economic disaster Trump inherited:

 

 

 

[Homelander]

“Starting on day one, we will end inflation and make America affordable again. We'll do that. We've got to bring it down.” - Donald Trump.

 

Welcome to the Golden Age!

[Trump_is_Mentally_fit]

33 minutes ago, Big Blitz said:

 

 

“Sorry America, that’s their job.  We won’t offer a plan.  Mostly bc we broke everything and should really sit this one out.” 
 

 

Yep.  You should.  Let the adults get the financial house in order.  

 

 

And P.S.

 

The stock market being “up” circa 2022 - 2024 did what for Americans exactly?  
 

B-U-B-B-L-E 

Sure, and more taxes on the middle class will help! 

 

Tax our way to Trump's "Prosperity" say the ignorant ones 

 

 

[SectionC3]

45 minutes ago, Big Blitz said:

Here is a rundown of the Democrats plan to address the economic disaster Trump inherited:

 

 

 

Hoax.  That's Trump's repeal and replace plan.  

[Doc]

1 hour ago, stevestojan said:

All the republicans who hated the idea of electric vehicles are now cool with the king of EVs running the country. Because orange daddy said you should like him. Absolutely beautiful. 
 

MAGA!!!!! 

 

I don't recall anyone hating the idea of electric vehicles.  Just ICE cars being eliminated.

[stevestojan]

25 minutes ago, Doc said:

 

I don't recall anyone hating the idea of electric vehicles.  Just ICE cars being eliminated.

if I didn’t have a one year old, and wasn’t exhausted constantly, I’d do a quick search. 
 

I actually bought an EV, loved it as I work from home so maybe drive 6000 miles a year and never need to charge outside my home. EXCEPT for road trips. I don’t care what anyone says, stopping for a charge is just not there yet. It’s 35 minutes easy, and that’s if there’s an open spot. 
 

I just traded it in for a plugin hybrid. (Went from the Volvo C40 recharge to the Volvo XC90 plug in hybrid). Absolutely the best of both worlds. I’ve had it 5 weeks and haven’t used an ounce of gasoline but it’s there when I need it. But again, with a one year old, super long car trips probably aren’t in my near future. 
 

either way, PLENTY got upset about EVs. And didn’t you know - to quote Trumpers when he says something stupid - “no one really wanted to get rid of ICE vehicles. They were just trolling… come on!” 

[Joe Ferguson forever]

1 hour ago, Big Blitz said:

Here is a rundown of the Democrats plan to address the economic disaster Trump inherited:

 

 

 

Don’t alienate our closest trade partners and allies. Don’t get into a tariff trade war. 
 

those would be a good start. 

1 hour ago, stevestojan said:

This will work for another month on the MAGAs with any sense The senseless ones still believe an election was stolen. They’re write offs. 

Edited 14 hours ago by Joe Ferguson forever

[Big Blitz]

7 minutes ago, Joe Ferguson forever said:

Don’t alienate our closest trade partners and allies. Don’t get into a tariff trade war. 
 

those would be a good start. 

 

 

Excellent.  You said nothing about finally reigning in Leviathan.  

[SectionC3]

3 hours ago, Big Blitz said:

 

The people that got us here?  The Branch Covidians are going to lecture us on the economy?

 

 

Whats the plan there Chief?  Cry more?

No more stupid tariffs.  No more whiplash policy.  Consistency with respect to economic policy.  Stop the layoff drama.  Expand work visa program so crops can be picked.  Increase marginal tax rate on highest earners.  Decrease marginal tax rate for low and middle class earners.  

[Joe Ferguson forever]

Uh oh. This is not good. 
https://www.msn.com/en-us/money/economy/ar-AA1ADH6d

[Big Blitz]

25 minutes ago, Joe Ferguson forever said:

Uh oh. This is not good. 
https://www.msn.com/en-us/money/economy/ar-AA1ADH6d

 

But he’s only here for his rich buddies.  
 

Tax breaks!   
 

 

Seems like even the wealthy understand what must be done. 
 

Low info plebes showing fake concern over billionaires losing money is peak realignment in 2025. 
 

Congrats Ds.  You’re 2006 Republicans now.  

[Roundybout]

9 hours ago, Big Blitz said:

 

But he’s only here for his rich buddies.  
 

Tax breaks!   
 

 

Seems like even the wealthy understand what must be done. 
 

Low info plebes showing fake concern over billionaires losing money is peak realignment in 2025. 
 

Congrats Ds.  You’re 2006 Republicans now.  

What on earth are you talking about lmfao