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The US economy is expected to have contracted in the first quarter of the year:
and from the AP, consumer confidence is falling:
That doesn't really surprise me. I notice less traffic on the roads in Orlando. My parents commented that when they went to the local IKEA, it was nearly empty. Usually it's full of tourists.
High unemployment rate usually/always precedes a recession/depression.
Since DOGE laid off lots of people.....
Yeah, economy is complicated. Having fewer workers to do the same job may seem "efficient", but having less people who are able to spend money also means you are less likely to generate income from the market.
People who are crazy on efficiency probably don't make good capitalists and in fact may be horrifically bad at it.
A good capitalist knows the simple fact, "give more to get more". "Whatever you sow, you will reap". It's better for the economy to hire thousands of low-skill workers than few highly skilled workers.
If you can't tolerate low-skill workers, then you need to find a way to pay them salaries even if they don't work.
It may sound horrifically wasteful but that's just how the economy works. People who don't even know this basic concept should not even be tinkering with national economy.
And before anyone really starts complaining about 'Trump Economy' it takes a little more time than 6 weeks before a newly inaugurated president can 'own' an economy as his.
Yup, that's why I voted for him. I wanted him to destroy everything just so Democrats will win everything for the next 8 years after he's gone. Maybe longer because they will fix everything. The secrets out. All of us who voted for Trump are actually Democrats.He was picked precisely because everything he touches he corrupts and destroys.
Yup, that's why I voted for him. I wanted him to destroy everything just so Democrats will win everything for the next 8 years after he's gone. Maybe longer because they will fix everything. The secrets out. All of us who voted for Trump are actually Democrats.
I think i quoted your words in my response.
You only heard what you wanted to hear.
MAGA has been duped. They voted for a man who is being manipulated by a group of people whose interests are objectively far from the sort of "God and country" interests that they believe in. Musk is a foreign-born atheist who arrived here as an illegal immigrant, whose grandfather was a literal Nazi. His father was raised in South Africa because it was a Nazi haven after WWII. Musk believes in replacing all our jobs with robots and is also influenced by a "philosopher" (Curtis Yarvin) that thinks the masses of humanity should either be exterminated, or plugged into virtual realities like the Matrix. Musk is also a terrible father and husband with a profane, reductionist view of marriage and children (he's basically just a sperm donor and views his wives as incubators).
And this is the actual America Musk is trying to build. A dystopian hellscape where women are reduced to breeding stock, poor people are either dead or disenfranchised, and only rich people like him have lives worth living.
What group? Unless you subscribe to the theory of a 'shadow government' that really calls the shots.group of people whose interests are objectively far from the sort of "God and country" interests that they believe in.
Are you recommending religious tests then?Musk is a foreign-born atheist
Are you suggesting that Nazism is an inherited disease?whose grandfather was a literal Nazi.
Are you sure it is not because he was BORN in Pretoria So. Africa?His father was raised in South Africa because it was a Nazi haven after WWII.
Curtis Yarvin (Curtis Yarvin - Wikipedia) sounds like a first class nut job but but then again many liberals and progressive leftists have a high regard for Karl Marx.You only heard what you wanted to hear.
MAGA has been duped. They voted for a man who is being manipulated by a group of people whose interests are objectively far from the sort of "God and country" interests that they believe in. Musk is a foreign-born atheist who arrived here as an illegal immigrant, whose grandfather was a literal Nazi. His father was raised in South Africa because it was a Nazi haven after WWII. Musk believes in replacing all our jobs with robots and is also influenced by a "philosopher" (Curtis Yarvin) that thinks the masses of humanity should either be exterminated, or plugged into virtual realities like the Matrix. Musk is also a terrible father and husband with a profane, reductionist view of marriage and children (he's basically just a sperm donor and views his wives as incubators).
And this is the actual America Musk is trying to build. A dystopian hellscape where women are reduced to breeding stock, poor people are either dead or disenfranchised, and only rich people like him have lives worth living.
Maybe, according to some, he (allegedly) lacks social skills?Elon was always graceless, crazy, and a liar. People have been saying this for almost a decade, of course, but it's started to trickle into the mainstream now that his profile has been elevated.
Maybe, according to some, he (allegedly) lacks social skills?
Ok! I cannot say I’m too informed on Musk, so I will not comment.His alleged adult autism doesn't excuse his bad behavior. Musk is beyond just being awkward. He's arrogant and has misrepresented himself for decades. I suppose the worst part is how the media enabled him by refusing to challenge the facade he presented to the world, that of being a genius inventor (he is neither), when in reality he's simply a rich kid playing with his father's money (and it didn't hurt that he bullied most of his business partners).
I think one of the more hilarious parts was him claiming to be a top player in Diablo 4 and Path of Exile 2 in the world, and then doing a stream of him playing and everyone who has played a little immediately seeing that he has no idea what he's doing. As if his Elden Ring build didn't already give that away.His alleged adult autism doesn't excuse his bad behavior. Musk is beyond just being awkward. He's arrogant and has misrepresented himself for decades. I suppose the worst part is how the media enabled him by refusing to challenge the facade he presented to the world, that of being a genius inventor (he is neither), when in reality he's simply a rich kid playing with his father's money (and it didn't hurt that he bullied most of his business partners).
I think one of the more hilarious parts was him claiming to be a top player in Diablo 4 and Path of Exile 2 in the world, and then doing a stream of him playing and everyone who has played a little immediately seeing that he has no idea what he's doing. As if his Elden Ring build didn't already give that away.
except that this is of trumps own making and we can squarly point to where he is to be blamed. Or do you think threatening war with a soverign country starting world wide trade wars, and [bless and do not curse][bless and do not curse][bless and do not curse][bless and do not curse]ing off people you rely on buying and selling yu stuff won't effect the economy?Please don't start with the Trump recession, this recession has been in the making for a while now. The effects of what's happening to countries on your side of the world will eventually come here. I will add tariffs that will compound this issue.
I remember the mantra about debt from Republican campaigners, it made common sense. Finally, after 17 years, we are reducing some spending. My tribal delusion popped when I heard a couple of years ago that we went to Iraq over the petrol dollar. We are still paying for it. Democrats were somewhat correct when they said we were doing it for oil.
except that this is of trumps own making and we can squarly point to where he is to be blamed. Or do you think threatening war with a soverign country starting world wide trade wars, and [bless and do not curse][bless and do not curse][bless and do not curse][bless and do not curse]ing off people you rely on buying and selling yu stuff won't effect the economy?
Why don't we wait and see what happens hmmm?.....
Instead of running around like Chicken Little.