Recession

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Jack Bauer
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12:07p, 6/5/26
Good news, we will just build a pipeline by the weekend to get around this issue in Iran!

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boognish_bear
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12:38p, 6/5/26
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1:00p, 6/5/26
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1:20p, 6/5/26
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boognish_bear
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2:55p, 6/5/26
...
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boognish_bear
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4:13p, 6/5/26
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5:37p, 6/5/26
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FLBear5630
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In reply to Jack Bauer • 6:00p, 6/5/26
Jack Bauer said:
Well ok, Smiley...if you say so


You put that guy up with a straight face?
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whiterock
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In reply to RD2WINAGNBEAR86 • 9:14p, 6/5/26
RD2WINAGNBEAR86 said:
whiterock said:
RD2WINAGNBEAR86 said:
whiterock said:
RD2WINAGNBEAR86 said:
whiterock said:
RD2WINAGNBEAR86 said:
whiterock said:
The repair is underway.



Americans buying less stuff due to tight family budgets and resurgent inflation is not exactly good news. Like it or not, we live in a consumption economy. Consumer spending makes up 68 percent of the U.S. GDP.

Your error is in bold. We USED to live in a consumption economy. We had 0% interest for many years, stifling off savings (to stimulate consumption). We ran huge trade deficits to bring in inexpensive consumer goods (to stimulate consumption), allowing our productive base to wither away. We ran huge budget deficits (to stimulate consumption). We ran an open border for a couple of decades to grow our economy (to stimulate consumption). But such is not, nor has it ever been, sustainable. "The only sustainable growth is export-led growth." That requires PRODUCTION. Such is coming. Massive investments in production are arriving. Trade balance is already starting to respond.

We are returning to the business model that made us the most powerful country on earth, a muscular economy that makes and sells things. The death of the "consumption economy" does not mean that consumption declines. It means we will now produce & export goods to pay for the consumption.


In the end, governmental protectionist policies do two things for sure. They create inflation and the American consumer pays more for most everything. Why will American companies raise prices? Because they can.

The Supreme Court has already ruled on across the board tariffs. He is skating on thin ice.

Wrong again, in no small degree due to a flawed understanding of what causes inflation.

Globalism is not the natural order of things, primarily because trade deficits are unsustainable, as recent experience so amply demonstrates.

You and most keep forgetting, our country of 340 million people out of a world population of almost 8 billion cannot produce everything we consume.
False dilemma. No one is advocating NO trade. Arguing for BALANCED trade. Reality is, our trade as a percentage of GDP is traditionally one of the lowest in the world. Reality is, we are among a very, very small number of countries that does not need to trade at all. We could literally make everything we need right here. That's not the most profitable way to do it, of course, but it instructive to recognize that such is possible. We literally planned to run a structural trade deficit to win the Cold War. And we did win the Cold War. Ergo, it makes ZERO sense to continue running structural trade deficits. So we are not going to do it any longer.

Trump's biggest mistake here is further alienating our longtime allies. Comparative advantage is a beautiful thing and benefits all.
Trump as alienated no one. They are all investing here, to produce here (rather than building in their own countries and exporting to us). That is EXACTLY the model Reagan used in the 1980's. Japanese auto imports were starting to hollow out Detroit. So he gave Japan an ultimatum = if you want to sell autos here, you need to build autos here....we are not going to let you off-shore all our auto manufacturing jobs. Trump is literally doing hat Reagan did.

It is my opinion that Trump is butthurt about the EU countries not wanting to engage in his Iran War and this latest round of tariffs is just punishment. The people it will hurt the most is hard-working Americans.
Oh, there's butthurt going on, but not from Trump.


You are quite literally lost. You do not have basic understanding of the subject material.

You are a fine foot soldier for Trump. I don't care to discuss basic economics with you. You don't seem to grasp even the most basic concepts. All you know is to toe the company line. That is fine. You are not alone.

No biggie. Have a good evening.

I can explain economics for you, but I can't understand it for you. But here's a hint: Quit trading baubles from China. Go build a factory and make something here. You'll get rich.
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boognish_bear
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In reply to FLBear5630 • 10:55p, 6/5/26
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FLBear5630
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In reply to boognish_bear • 6:21a, 6/6/26
boognish_bear said:

That is the problem, the disconnect. Hassett and the CEO's that believe they have to "explain" the economy do not consider Dollar General customers as the "economy". They are people to be tolerated, stepped-over until they can throw them out of the Country. Same with the Winn-Dixies, Dairy Queens, etc...

I have seen and heard the discussions, we do not want Winn-Dixie clientele, we want Publix as our anchor. For a traffic guy, they both have the same trip generation, so it doesn't matter. But, for the "developer"... Ask the Developer's on this site, if Dollar General is coming into your shopping for your mixed use community, you happy?

Dollar General's are seen as a necessary evil. So, Dollar General's struggling, is a good sign to Hassett.

Funny, how they explain how the Trump economy is golden, it is golden for those that are discussing how to get into the SpaceX IPO. Not many of those at Dollar General, Winn-Dixie, Dairy Queen, etc...
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RD2WINAGNBEAR86
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In reply to whiterock • 10:20a, 6/6/26
whiterock said:
RD2WINAGNBEAR86 said:
whiterock said:
RD2WINAGNBEAR86 said:
whiterock said:
RD2WINAGNBEAR86 said:
whiterock said:
RD2WINAGNBEAR86 said:
whiterock said:
The repair is underway.



Americans buying less stuff due to tight family budgets and resurgent inflation is not exactly good news. Like it or not, we live in a consumption economy. Consumer spending makes up 68 percent of the U.S. GDP.

Your error is in bold. We USED to live in a consumption economy. We had 0% interest for many years, stifling off savings (to stimulate consumption). We ran huge trade deficits to bring in inexpensive consumer goods (to stimulate consumption), allowing our productive base to wither away. We ran huge budget deficits (to stimulate consumption). We ran an open border for a couple of decades to grow our economy (to stimulate consumption). But such is not, nor has it ever been, sustainable. "The only sustainable growth is export-led growth." That requires PRODUCTION. Such is coming. Massive investments in production are arriving. Trade balance is already starting to respond.

We are returning to the business model that made us the most powerful country on earth, a muscular economy that makes and sells things. The death of the "consumption economy" does not mean that consumption declines. It means we will now produce & export goods to pay for the consumption.


In the end, governmental protectionist policies do two things for sure. They create inflation and the American consumer pays more for most everything. Why will American companies raise prices? Because they can.

The Supreme Court has already ruled on across the board tariffs. He is skating on thin ice.

Wrong again, in no small degree due to a flawed understanding of what causes inflation.

Globalism is not the natural order of things, primarily because trade deficits are unsustainable, as recent experience so amply demonstrates.

You and most keep forgetting, our country of 340 million people out of a world population of almost 8 billion cannot produce everything we consume.
False dilemma. No one is advocating NO trade. Arguing for BALANCED trade. Reality is, our trade as a percentage of GDP is traditionally one of the lowest in the world. Reality is, we are among a very, very small number of countries that does not need to trade at all. We could literally make everything we need right here. That's not the most profitable way to do it, of course, but it instructive to recognize that such is possible. We literally planned to run a structural trade deficit to win the Cold War. And we did win the Cold War. Ergo, it makes ZERO sense to continue running structural trade deficits. So we are not going to do it any longer.

Trump's biggest mistake here is further alienating our longtime allies. Comparative advantage is a beautiful thing and benefits all.
Trump as alienated no one. They are all investing here, to produce here (rather than building in their own countries and exporting to us). That is EXACTLY the model Reagan used in the 1980's. Japanese auto imports were starting to hollow out Detroit. So he gave Japan an ultimatum = if you want to sell autos here, you need to build autos here....we are not going to let you off-shore all our auto manufacturing jobs. Trump is literally doing hat Reagan did.

It is my opinion that Trump is butthurt about the EU countries not wanting to engage in his Iran War and this latest round of tariffs is just punishment. The people it will hurt the most is hard-working Americans.
Oh, there's butthurt going on, but not from Trump.


You are quite literally lost. You do not have basic understanding of the subject material.

You are a fine foot soldier for Trump. I don't care to discuss basic economics with you. You don't seem to grasp even the most basic concepts. All you know is to toe the company line. That is fine. You are not alone.

No biggie. Have a good evening.

I can explain economics for you, but I can't understand it for you. But here's a hint: Quit trading baubles from China. Go build a factory and make something here. You'll get rich.

"Give them bread and circuses and they will never revolt."

Yay eggs and yay MMA!!!!!!
Call it a tax, the people are outraged! Call it a tariff, the people get out their checkbooks and wave their American flags!!!
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boognish_bear
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In reply to FLBear5630 • 10:22a, 6/6/26
FLBear5630 said:
boognish_bear said:


Funny, how they explain how the Trump economy is golden, it is golden for those that are discussing how to get into the SpaceX IPO. Not many of those at Dollar General, Winn-Dixie, Dairy Queen, etc...


And these people are the greater majority of the country.
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FLBear5630
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In reply to RD2WINAGNBEAR86 • 10:39a, 6/6/26
RD2WINAGNBEAR86 said:
whiterock said:
RD2WINAGNBEAR86 said:
whiterock said:
RD2WINAGNBEAR86 said:
whiterock said:
RD2WINAGNBEAR86 said:
whiterock said:
RD2WINAGNBEAR86 said:
whiterock said:
The repair is underway.



Americans buying less stuff due to tight family budgets and resurgent inflation is not exactly good news. Like it or not, we live in a consumption economy. Consumer spending makes up 68 percent of the U.S. GDP.

Your error is in bold. We USED to live in a consumption economy. We had 0% interest for many years, stifling off savings (to stimulate consumption). We ran huge trade deficits to bring in inexpensive consumer goods (to stimulate consumption), allowing our productive base to wither away. We ran huge budget deficits (to stimulate consumption). We ran an open border for a couple of decades to grow our economy (to stimulate consumption). But such is not, nor has it ever been, sustainable. "The only sustainable growth is export-led growth." That requires PRODUCTION. Such is coming. Massive investments in production are arriving. Trade balance is already starting to respond.

We are returning to the business model that made us the most powerful country on earth, a muscular economy that makes and sells things. The death of the "consumption economy" does not mean that consumption declines. It means we will now produce & export goods to pay for the consumption.


In the end, governmental protectionist policies do two things for sure. They create inflation and the American consumer pays more for most everything. Why will American companies raise prices? Because they can.

The Supreme Court has already ruled on across the board tariffs. He is skating on thin ice.

Wrong again, in no small degree due to a flawed understanding of what causes inflation.

Globalism is not the natural order of things, primarily because trade deficits are unsustainable, as recent experience so amply demonstrates.

You and most keep forgetting, our country of 340 million people out of a world population of almost 8 billion cannot produce everything we consume.
False dilemma. No one is advocating NO trade. Arguing for BALANCED trade. Reality is, our trade as a percentage of GDP is traditionally one of the lowest in the world. Reality is, we are among a very, very small number of countries that does not need to trade at all. We could literally make everything we need right here. That's not the most profitable way to do it, of course, but it instructive to recognize that such is possible. We literally planned to run a structural trade deficit to win the Cold War. And we did win the Cold War. Ergo, it makes ZERO sense to continue running structural trade deficits. So we are not going to do it any longer.

Trump's biggest mistake here is further alienating our longtime allies. Comparative advantage is a beautiful thing and benefits all.
Trump as alienated no one. They are all investing here, to produce here (rather than building in their own countries and exporting to us). That is EXACTLY the model Reagan used in the 1980's. Japanese auto imports were starting to hollow out Detroit. So he gave Japan an ultimatum = if you want to sell autos here, you need to build autos here....we are not going to let you off-shore all our auto manufacturing jobs. Trump is literally doing hat Reagan did.

It is my opinion that Trump is butthurt about the EU countries not wanting to engage in his Iran War and this latest round of tariffs is just punishment. The people it will hurt the most is hard-working Americans.
Oh, there's butthurt going on, but not from Trump.


You are quite literally lost. You do not have basic understanding of the subject material.

You are a fine foot soldier for Trump. I don't care to discuss basic economics with you. You don't seem to grasp even the most basic concepts. All you know is to toe the company line. That is fine. You are not alone.

No biggie. Have a good evening.

I can explain economics for you, but I can't understand it for you. But here's a hint: Quit trading baubles from China. Go build a factory and make something here. You'll get rich.

"Give them bread and circuses and they will never revolt."

Yay eggs and yay MMA!!!!!!


Commodus? More like Comicus....
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boognish_bear
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11:30a, 6/6/26


People who continue to blame New World Screwworm crisis on the Biden Administration need to stop

The Secretary has had 15 months to prepare a competent response, and despite what some are saying, the response has been lackluster and unserious

Let's go over some facts:

In order to eradicate the NWS, we need somewhere between 500M-600M sterile flies produced WEEKLY, and we currently produce 100M weekly

There are current mechanisms and technologies that could be deployed IMMEDIATELY in order to produce those numbers that have been ignored by the USDA for the past 6 months

The Animal and Plant Health Inspection Service (APHIS) which oversees the NWS response is a disaster. There were some competent veterinarians interviewed during the transition willing to serve and reform the bureau who were blocked by the Secretary and her team. Instead they decided to retain the same director from the Biden Administration (ironic) who botched the response to the Avian flu

The tick rider program (people on horseback looking at wildlife and livestock in desolate areas) is completely disorganized, so the "surveillance" mechanisms that continue to be touted are not sufficient enough to detect these infestations in extremely rural areas in the timely manner required to combat this

On top of all this, producers in Texas are being pressured NOT TO REPORT potential cases, and if it wasn't for some brave people reporting on this current case in LaPryor, it's possible it would have been covered up

NATIONAL EMERGENCY DECLARATION NOW
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boognish_bear
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11:34a, 6/6/26
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whiterock
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11:41a, 6/6/26
As predicted…..

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boognish_bear
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12:34p, 6/6/26
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10:56p, 6/6/26
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FLBear5630
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In reply to boognish_bear • 8:41a, 6/7/26
boognish_bear said:

Musk has played this Administrations like a virtuoso...
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FLBear5630
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In reply to boognish_bear • 8:54a, 6/7/26
boognish_bear said:

What happened to the trickle down????


I was as much a Reagan fan as anyone. But, as I see what is happening in this Country, I have to admit I was wrong. Supply side has destroyed America and turned into a Financial Oligarchy. Not just here, but Thatcher destroyed England. Anywhere supply side economics was used the middle class paid the price and rich just got richer and didn't trickle anything down.
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whiterock
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In reply to FLBear5630 • 10:16a, 6/7/26
FLBear5630 said:
boognish_bear said:

What happened to the trickle down????


I was as much a Reagan fan as anyone. But, as I see what is happening in this Country, I have to admit I was wrong. Supply side has destroyed America and turned into a Financial Oligarchy. Not just here, but Thatcher destroyed England. Anywhere supply side economics was used the middle class paid the price and rich just got richer and didn't trickle anything down.

no, my friend. Globalism did that. It literally drives production abroad (textbook dynamic which played out in real life) leading to structural trade deficits (textbook dynamic which played out in real time) leading to massive capital inflows to purchase US equities (textbook dynamic which played out in real time). Literally, keeping the Balance Of Payments (google it) in balance during a structural trade deficit requires massive capital account surpluses to offset the trade account deficit.

There is nothing revolutionary about "supply side economics." It is merely a realization that the definition of inflation has TWO parts: "inflation = when the supply of money grows faster than the supply of goods." One can either raise the cost of capital (fed rate increases) in order to slow the growth of money (in order to lower money growth to equal the rate of production growth)....OR.....one can stimulate the production of goods (tax & regulatory reforms, tariffs, etc...) in order to increase the rate of growth of production to equal the rate of growth of money supply.

Both work to stop inflation. Demand side solutions tend to be like chemo - solving the problem nearly kills the patient. Supply side solutions tend to be less painful. They allow the economy to continue to grow while supply & demand are rebalanced.

As a rule, criticism of supply-side economics is a hallmark of someone with limited understanding of economics......
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boognish_bear
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11:09a, 6/7/26
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RD2WINAGNBEAR86
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In reply to whiterock • 11:27a, 6/7/26
whiterock said:
FLBear5630 said:
boognish_bear said:

What happened to the trickle down????


I was as much a Reagan fan as anyone. But, as I see what is happening in this Country, I have to admit I was wrong. Supply side has destroyed America and turned into a Financial Oligarchy. Not just here, but Thatcher destroyed England. Anywhere supply side economics was used the middle class paid the price and rich just got richer and didn't trickle anything down.



As a rule, criticism of supply-side economics is a hallmark of someone with limited understanding of economics......

Please forgive our ignorance when it comes to economics.

It is my opinion that we don't need to be a world power when it comes to manufacturing plastic santas, fidget spinners, clothes, and beach tents. We should let the Chinas and Vietnams of the world make those.

Protectionist policies drive up inflation. Prices go up. Less competition causes prices to rise faster. American companies need to once again work to be competitive on the world stage. Trump's desire for the U.S.government to own stakes in American industries is not what we voted for. Our government has proved over and over that anything they touch turns to $ h !t. I don't see that changing.

Capitalism and free enterprise are the foundation of our country.



Call it a tax, the people are outraged! Call it a tariff, the people get out their checkbooks and wave their American flags!!!
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FLBear5630
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In reply to whiterock • 11:31a, 6/7/26
Look at the before and after. Reagan started this and Trump is finishing. Reagan busted the Unions, the one tool the working class had to make life better. Grandfather was a lifelong Teamster, drove the trains. Without the Teamsters, he had no protection. Try being over 60 in a "right to work" state, you have NO protection as a worker. They work their whole career to get a decent salary and benefits, only to be tossed out for a younger, cheaper and often less competent replacement. CEO raking in the bonusses. So, I am no big fan of what you sell. It is great if you are the 1%. Not so much for the rest.

Globalism is part of the Supply Side movement, it came about because of the lower taxes, deregulation, and restructuring of the market. It was the next logical step. You sell that this is a blue and red thing, which works well to keep in power. But, it is the same cycle. But, you are in the 1% so as long as the next big bonus comes who cares if the middle class is gone, water is f-ed up for Data Centers, and the Govt owns AI. Bet you got in on the SpaceX IPO...
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Jack Bauer
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In reply to FLBear5630 • 1:52p, 6/7/26
FLBear5630 said:
boognish_bear said:

What happened to the trickle down????


I was as much a Reagan fan as anyone. But, as I see what is happening in this Country, I have to admit I was wrong. Supply side has destroyed America and turned into a Financial Oligarchy. Not just here, but Thatcher destroyed England. Anywhere supply side economics was used the middle class paid the price and rich just got richer and didn't trickle anything down.


Maybe if tbe lazy entitled middle class gave up their Starbucks, they would be doing better!!! (Sarc off)
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FLBear5630
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In reply to Jack Bauer • 5:59p, 6/7/26
Yeah, that's it. They are just lazy. Very 1%'er. Going to Starbucks caused the wealth gap.

You couldn't make this **** up ...
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D. C. Bear
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In reply to FLBear5630 • 6:40p, 6/7/26
FLBear5630 said:
boognish_bear said:

What happened to the trickle down????


I was as much a Reagan fan as anyone. But, as I see what is happening in this Country, I have to admit I was wrong. Supply side has destroyed America and turned into a Financial Oligarchy. Not just here, but Thatcher destroyed England. Anywhere supply side economics was used the middle class paid the price and rich just got richer and didn't trickle anything down.


"Thatcher destroyed England."
If Google is accurate, between 1980 and 1990, basically the time Thatcher was PM, median income in the UK, adjusted for inflation, increased by about 20 percent. Median income would be the measure you use to see how the middle class is doing. If that is what destroyed looks like, I wish for more "destruction."
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boognish_bear
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6:43p, 6/7/26
These guys must have skipped Starbucks for a long time

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Oldbear83
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In reply to boognish_bear • 7:18p, 6/7/26
Yatch?

That which does not kill me, will try again and get nastier
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