Oil down 17.5% since inauguration. Long interest rates gone from 4.85% to 4.2%. Results*
- Thread starter -lowcountrydawg
- Start date
GDP tanking, unemployment up, inflation up, stock market down.
Almost as low as Biden had oil prices in early September - but not there yet.
For how long have we had tariffs? One day? If we keep them long enough, they will raise prices and create inflation. So let’s see what happens.
Or, there will be mutual concessions. You sit back, nothing happens.
So is there finally a Democrat on here that admits that a U.S. President’s policy does affect oil prices? For four years you Dems on here had everyone believe he doesn’t…lol
Ah yes .. the pretzel argument “a recession is necessary to prevent a recession”.
The NYT said today that illegals crossing into the states were about 800 per day, too. What BS. Desperation.
Companies aren’t afraid to layoff right now. Oh what’ll we do with all those unemployed bureaucrats?
A 5% downward quarterly GDP forecast will do that. Oil was super cheap when the world economy shut down, but I don’t remember that being a good thing.
It’s not going to be that bad. Y’all are so doom and gloom when it comes to Trump’s policies. “It’s the end of the world!”
Dude’s been in office for little more than a month….lol this stuff fluctuates. The other way around and you’d be saying the same thing I’m saying right now.
I agree … my reply was to OP “all sunshine and rainbows now” post.
Some good, some bad so far. We will see down the road a ways.
Yeah sure as hell isn’t all sunshine and rainbows.
-credit card debt a potential bubble
-small businesses and lower income folks crushed by high prices.
-An entire generation of first time homebuyers still locked out
A shit ton of work to do but lower energy costs and a move towards affordable rates are an absolute must to address the above. Economy sucks.
Yes. Yes. Yes. No dem wants to admit this is a huge issue. And why they lost overwhelmingly. The real estate market has picked up some. Positive sign. The credit card bubble is going to be painful. And it will burst soon. We also may have less movement on the home side in the future because equity is maxed out.
Listening to nbc blame doge for 8000 people getting rent assistance may be out of luck. And they have 25000 on the waiting list. Yet these damn fools are blaming doge. How in the holy f did we get to this point. Why has rent skyrocketed to ridiculous levels to where 33000 people in Kansas City need rent help. They said if we don’t get this help, we will have people living underneath bridges. The mental gymnastics here are unreal.
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he was quiet for a while and then popped right back up after he said for months kemelo would win,
You ended your mumbling fragment with a comma.
I never said Kamala would win, and I didn’t vote.
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Ah yes.. the old “don’t do anything because something bad may happen and there is no way something good may happen”
Inflation rate is currently below 2%. Govt figures you’re reading are months late and belong to Biden.
Go ahead and pretend trump could
Screw up everything in about 6 weeks. lol. Trumps plans are long term and will show success when the fat lady sings
You must mean when Biden was draining the last of the strategic reserves.
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I long for the day when we as a people realize the GDP is completely meaningless. It means NOTHING and is completely unrelated to human flourishing or dignity.
the only thing that matters is mass deportations (which Trump is fumbling bigly)
the only thing that matters is mass deportations (which Trump is fumbling bigly)
Some. The ones against China he did. Posted in another thread.
And, they did cause inflation. Just like these will. I don’t think people understand - the PURPOSE of a tariff is to raise prices. That’s literally what it is. It will absolutely cause inflation.
