Recession

383,782 Views | 3371 Replies | Last: 14 hrs ago by OffshoreBear
RD2WINAGNBEAR86
How long do you want to ignore this user?
Trump is still promising every adult American $5,000. Says we can do it because of all of the $billions of money we have collected in tariffs. The U.S. has collected around $167 billion in tariffs so far in 2026. The $5,000 giveaway is going to cost around $1.2 trillion. Is anyone else having trouble with Trump's math? Why does Trump continue doing this?
Call it a tax, the people are outraged! Call it a tariff, the people get out their checkbooks and wave their American flags!!!
boognish_bear
How long do you want to ignore this user?
J.R.
How long do you want to ignore this user?
RD2WINAGNBEAR86 said:

Trump is still promising every adult American $5,000. Says we can do it because of all of the $billions of money we have collected in tariffs. The U.S. has collected around $167 billion in tariffs so far in 2026. The $5,000 giveaway is going to cost around $1.2 trillion. Is anyone else having trouble with Trump's math? Why does Trump continue doing this?

teacher man. we know you suck at Economics. how about math? Let us know how this works.
boognish_bear
How long do you want to ignore this user?
whiterock
How long do you want to ignore this user?
FLBear5630 said:

Danielsjackson114 said:

Who do you want there?

The habib from the local convenience store? or Mr Johnson from the local lumber store? Or Mrs Gladis from the local Brookeshire Bothers?

You are such an idiot, Socalbear


How about a mix of GOP and Dem Congressmen? Working on fixing the damn mess we are in? Or a combination of company owners, labor leaders and finance leaders? Or, god forbid, social, religious and charity leaders?

The fact you can't think of others to be at those tables sums up all that is wrong with you and your ilk. You think it is perfectly ok that only the elite super rich have access to decision makers.

You are what is destroying what was a great Nation. I am embarrassed you are an American.

I'd be happy to work with Dems. Unfortunately, they are only interested in socialist nonsense that excludes me.

The economy is in a good place and getting better.
FLBear5630
How long do you want to ignore this user?
whiterock said:

FLBear5630 said:

Danielsjackson114 said:

Who do you want there?

The habib from the local convenience store? or Mr Johnson from the local lumber store? Or Mrs Gladis from the local Brookeshire Bothers?

You are such an idiot, Socalbear


How about a mix of GOP and Dem Congressmen? Working on fixing the damn mess we are in? Or a combination of company owners, labor leaders and finance leaders? Or, god forbid, social, religious and charity leaders?

The fact you can't think of others to be at those tables sums up all that is wrong with you and your ilk. You think it is perfectly ok that only the elite super rich have access to decision makers.

You are what is destroying what was a great Nation. I am embarrassed you are an American.

I'd be happy to work with Dems. Unfortunately, they are only interested in socialist nonsense that excludes me.

The economy is in a good place and getting better.


Nice thing about economy, can't hide from it. So, we will see. Right now, very expensive to live.


As I have said before, Dems are not better. They just go off on different issues. Biden's handling of the "Green New Deal" was every bit as bad as anything Trump has done. His abuse of DOJ, is right there. I don't see much difference.

If I had to pick one, I would give a nod to Trump since at least he has protected the 401ks. Too many relying on those accounts...

That is a lesser of two very big evils, not an endorsement. Sad thing is if the GOP in Congress had not lost its way, the first Trump Admin was not bad. But he had people that would tell him the truth. Like him or not, Kelly kept him honest. Mnuchin kept him within the bounds of normal financial dealings. Pompeo and even Haley were able to navigate Foreign Policy. His current Admin is the problem, too many "yes, people"...
Jack Bauer
How long do you want to ignore this user?
Wait. The Trump administration was bragging about 5-7% GDP and now we are excited it "jumped" to 2%??
whiterock
How long do you want to ignore this user?
Jack Bauer said:

Wait. The Trump administration was bragging about 5-7% GDP and now we are excited it "jumped" to 2%??

2% was 2nd QTR; +5% was 3rd qtr.

If you will recall, I told you this would happen. All that trade deal investment money is starting to hit the GDP numbers. It should sustain for the next 24-36 months.

It's a radical change of business model. No longer are we trying to stimulate the economy by engaging in deficit spending g to stimulate consumption. We are instead growing consumption by growing employment. Latter is sustainable. Former is not.

But it is big change and people are typically afraid of change.
boognish_bear
How long do you want to ignore this user?
boognish_bear
How long do you want to ignore this user?
J.R.
How long do you want to ignore this user?
whiterock said:

Jack Bauer said:

Wait. The Trump administration was bragging about 5-7% GDP and now we are excited it "jumped" to 2%??

2% was 2nd QTR; +5% was 3rd qtr.

If you will recall, I told you this would happen. All that trade deal investment money is starting to hit the GDP numbers. It should sustain for the next 24-36 months.

It's a radical change of business model. No longer are we trying to stimulate the economy by engaging in deficit spending g to stimulate consumption. We are instead growing consumption by growing employment. Latter is sustainable. Former is not.

But it is big change and people are typically afraid of change.

huh? Deficit spending stopped is not factual. You seen the debt added via Piggy?

Fiscal Year (FY) 2026 ended yesterday. Although official figures have not yet been released, our preliminary estimates show high and rising deficits and debt. For FY 2026, we estimate:
  • A budget deficit of $2.0 trillion, or 6.2% of Gross Domestic Product (GDP).
  • Debt held by the public of $32.3 trillion, or 100% of GDP.
  • Spending of $7.4 trillion, or 22.9% of GDP.
  • Revenue of $5.4 trillion, or 16.7% of GDP.
  • Interest costs of $1.1 trillion, a record 3.4% of GDP.
  • Interest was the second largest line item in the budget, costing more than defense or Medicare.
At $2.0 trillion, we estimate budget deficits were about $210 billion above FY 2025 levels, $135 billion above the Congressional Budget Office's (CBO) February projections, and about $305 billion higher than what the Council of Economic Advisers had projected.


whiterock
How long do you want to ignore this user?
J.R. said:

whiterock said:

Jack Bauer said:

Wait. The Trump administration was bragging about 5-7% GDP and now we are excited it "jumped" to 2%??

2% was 2nd QTR; +5% was 3rd qtr.

If you will recall, I told you this would happen. All that trade deal investment money is starting to hit the GDP numbers. It should sustain for the next 24-36 months.

It's a radical change of business model. No longer are we trying to stimulate the economy by engaging in deficit spending g to stimulate consumption. We are instead growing consumption by growing employment. Latter is sustainable. Former is not.

But it is big change and people are typically afraid of change.

huh? Deficit spending stopped is not factual. You seen the debt added via Piggy?

Fiscal Year (FY) 2026 ended yesterday. Although official figures have not yet been released, our preliminary estimates show high and rising deficits and debt. For FY 2026, we estimate:
  • A budget deficit of $2.0 trillion, or 6.2% of Gross Domestic Product (GDP).
  • Debt held by the public of $32.3 trillion, or 100% of GDP.
  • Spending of $7.4 trillion, or 22.9% of GDP.
  • Revenue of $5.4 trillion, or 16.7% of GDP.
  • Interest costs of $1.1 trillion, a record 3.4% of GDP.
  • Interest was the second largest line item in the budget, costing more than defense or Medicare.
At $2.0 trillion, we estimate budget deficits were about $210 billion above FY 2025 levels, $135 billion above the Congressional Budget Office's (CBO) February projections, and about $305 billion higher than what the Council of Economic Advisers had projected.




C + I + G + T = GDP

I didn't make a claim about stopping deficit spending. I pointed out the plain and well-known macroeconomic impact of using investment rather than government spending to drive GDP growth.

But since you mentioned it, this admin (Bessent in particular) has been quite direct about their plan to deal with the deficit: hold govt spending (G) steady and grow the economy (via I) to reduce the deficit as a percentage of GDP. Thus far, they're doing EXACTLY that - holding the deficit steady while accelerating GDP growth (via trade deal investments) at more than 2x historical rates.

We can't just cut a $1.9T deficit to zero in a budget cycle. It would cause the most harmful recession in our history, dwarfing the Great Depression of the 1930s. Because, you see, government spending is part of the GDP equation. Every single dollar cut to govt spending cut lowers top-line GDP numbers. That's why admins of both parties have been so reluctant to actually cut spending - the political costs of budget cuts dwarf the political costs of deficits. Within that fiscal burrito is another politically destabilizing reality: entitlements spending is 60% of our budget, so there is no pathway to rapid balancing of the budget without cutting Medicare, Medicaid, AND Social Security.

Why don't you lead by example and refuse to accept a Social Security check?
FLBear5630
How long do you want to ignore this user?
whiterock said:

J.R. said:

whiterock said:

Jack Bauer said:

Wait. The Trump administration was bragging about 5-7% GDP and now we are excited it "jumped" to 2%??

2% was 2nd QTR; +5% was 3rd qtr.

If you will recall, I told you this would happen. All that trade deal investment money is starting to hit the GDP numbers. It should sustain for the next 24-36 months.

It's a radical change of business model. No longer are we trying to stimulate the economy by engaging in deficit spending g to stimulate consumption. We are instead growing consumption by growing employment. Latter is sustainable. Former is not.

But it is big change and people are typically afraid of change.

huh? Deficit spending stopped is not factual. You seen the debt added via Piggy?

Fiscal Year (FY) 2026 ended yesterday. Although official figures have not yet been released, our preliminary estimates show high and rising deficits and debt. For FY 2026, we estimate:
  • A budget deficit of $2.0 trillion, or 6.2% of Gross Domestic Product (GDP).
  • Debt held by the public of $32.3 trillion, or 100% of GDP.
  • Spending of $7.4 trillion, or 22.9% of GDP.
  • Revenue of $5.4 trillion, or 16.7% of GDP.
  • Interest costs of $1.1 trillion, a record 3.4% of GDP.
  • Interest was the second largest line item in the budget, costing more than defense or Medicare.
At $2.0 trillion, we estimate budget deficits were about $210 billion above FY 2025 levels, $135 billion above the Congressional Budget Office's (CBO) February projections, and about $305 billion higher than what the Council of Economic Advisers had projected.




C + I + G + T = GDP

I didn't make a claim about stopping deficit spending. I pointed out the plain and well-known macroeconomic impact of using investment rather than government spending to drive GDP growth.

But since you mentioned it, this admin (Bessent in particular) has been quite direct about their plan to deal with the deficit: hold govt spending (G) steady and grow the economy (via I) to reduce the deficit as a percentage of GDP. Thus far, they're doing EXACTLY that - holding the deficit steady while accelerating GDP growth (via trade deal investments) at more than 2x historical rates.

We can't just cut a $1.9T deficit to zero in a budget cycle. It would cause the most harmful recession in our history, dwarfing the Great Depression of the 1930s. Because, you see, government spending is part of the GDP equation. Every single dollar cut to govt spending cut lowers top-line GDP numbers. That's why admins of both parties have been so reluctant to actually cut spending - the political costs of budget cuts dwarf the political costs of deficits. Within that fiscal burrito is another politically destabilizing reality: entitlements spending is 60% of our budget, so there is no pathway to rapid balancing of the budget without cutting Medicare, Medicaid, AND Social Security.

Why don't you lead by example and refuse to accept a Social Security check?

And where is the GDP? We are about 2.5% growth, about the same as Biden.

Interesting if you look at who had the highest peacetime GDP growth. JFK which I get and believe it or not Jimmy Carter for highest peacetime GDP growth. I do not get that... (granted it is an AI response. Anyone confirm?)
RD2WINAGNBEAR86
How long do you want to ignore this user?
boognish_bear said:



Once again, how in the Hell do you solve a problem when you fail to acknowledge there is a problem? Its gonna be a bumpy road with the economy the next two years. Republicans failure to acknowledge the affordability issue and failure to act will cost them not only the midterms but the 2028 Presidential election as well.

Yay closed border! Yay eggs!!!!!
Call it a tax, the people are outraged! Call it a tariff, the people get out their checkbooks and wave their American flags!!!
The_barBEARian
How long do you want to ignore this user?
whiterock said:

J.R. said:

whiterock said:

Jack Bauer said:

Wait. The Trump administration was bragging about 5-7% GDP and now we are excited it "jumped" to 2%??

2% was 2nd QTR; +5% was 3rd qtr.

If you will recall, I told you this would happen. All that trade deal investment money is starting to hit the GDP numbers. It should sustain for the next 24-36 months.

It's a radical change of business model. No longer are we trying to stimulate the economy by engaging in deficit spending g to stimulate consumption. We are instead growing consumption by growing employment. Latter is sustainable. Former is not.

But it is big change and people are typically afraid of change.

huh? Deficit spending stopped is not factual. You seen the debt added via Piggy?

Fiscal Year (FY) 2026 ended yesterday. Although official figures have not yet been released, our preliminary estimates show high and rising deficits and debt. For FY 2026, we estimate:
  • A budget deficit of $2.0 trillion, or 6.2% of Gross Domestic Product (GDP).
  • Debt held by the public of $32.3 trillion, or 100% of GDP.
  • Spending of $7.4 trillion, or 22.9% of GDP.
  • Revenue of $5.4 trillion, or 16.7% of GDP.
  • Interest costs of $1.1 trillion, a record 3.4% of GDP.
  • Interest was the second largest line item in the budget, costing more than defense or Medicare.
At $2.0 trillion, we estimate budget deficits were about $210 billion above FY 2025 levels, $135 billion above the Congressional Budget Office's (CBO) February projections, and about $305 billion higher than what the Council of Economic Advisers had projected.




C + I + G + T = GDP

I didn't make a claim about stopping deficit spending. I pointed out the plain and well-known macroeconomic impact of using investment rather than government spending to drive GDP growth.

But since you mentioned it, this admin (Bessent in particular) has been quite direct about their plan to deal with the deficit: hold govt spending (G) steady and grow the economy (via I) to reduce the deficit as a percentage of GDP. Thus far, they're doing EXACTLY that - holding the deficit steady while accelerating GDP growth (via trade deal investments) at more than 2x historical rates.

We can't just cut a $1.9T deficit to zero in a budget cycle. It would cause the most harmful recession in our history, dwarfing the Great Depression of the 1930s. Because, you see, government spending is part of the GDP equation. Every single dollar cut to govt spending cut lowers top-line GDP numbers. That's why admins of both parties have been so reluctant to actually cut spending - the political costs of budget cuts dwarf the political costs of deficits. Within that fiscal burrito is another politically destabilizing reality: entitlements spending is 60% of our budget, so there is no pathway to rapid balancing of the budget without cutting Medicare, Medicaid, AND Social Security.

Why don't you lead by example and refuse to accept a Social Security check?


Your profilgate war for Israel demolished any hope of rolling back inflation and getting back to pre-Covid America
whiterock
How long do you want to ignore this user?
The_barBEARian said:

whiterock said:

J.R. said:

whiterock said:

Jack Bauer said:

Wait. The Trump administration was bragging about 5-7% GDP and now we are excited it "jumped" to 2%??

2% was 2nd QTR; +5% was 3rd qtr.

If you will recall, I told you this would happen. All that trade deal investment money is starting to hit the GDP numbers. It should sustain for the next 24-36 months.

It's a radical change of business model. No longer are we trying to stimulate the economy by engaging in deficit spending g to stimulate consumption. We are instead growing consumption by growing employment. Latter is sustainable. Former is not.

But it is big change and people are typically afraid of change.

huh? Deficit spending stopped is not factual. You seen the debt added via Piggy?

Fiscal Year (FY) 2026 ended yesterday. Although official figures have not yet been released, our preliminary estimates show high and rising deficits and debt. For FY 2026, we estimate:
  • A budget deficit of $2.0 trillion, or 6.2% of Gross Domestic Product (GDP).
  • Debt held by the public of $32.3 trillion, or 100% of GDP.
  • Spending of $7.4 trillion, or 22.9% of GDP.
  • Revenue of $5.4 trillion, or 16.7% of GDP.
  • Interest costs of $1.1 trillion, a record 3.4% of GDP.
  • Interest was the second largest line item in the budget, costing more than defense or Medicare.
At $2.0 trillion, we estimate budget deficits were about $210 billion above FY 2025 levels, $135 billion above the Congressional Budget Office's (CBO) February projections, and about $305 billion higher than what the Council of Economic Advisers had projected.




C + I + G + T = GDP

I didn't make a claim about stopping deficit spending. I pointed out the plain and well-known macroeconomic impact of using investment rather than government spending to drive GDP growth.

But since you mentioned it, this admin (Bessent in particular) has been quite direct about their plan to deal with the deficit: hold govt spending (G) steady and grow the economy (via I) to reduce the deficit as a percentage of GDP. Thus far, they're doing EXACTLY that - holding the deficit steady while accelerating GDP growth (via trade deal investments) at more than 2x historical rates.

We can't just cut a $1.9T deficit to zero in a budget cycle. It would cause the most harmful recession in our history, dwarfing the Great Depression of the 1930s. Because, you see, government spending is part of the GDP equation. Every single dollar cut to govt spending cut lowers top-line GDP numbers. That's why admins of both parties have been so reluctant to actually cut spending - the political costs of budget cuts dwarf the political costs of deficits. Within that fiscal burrito is another politically destabilizing reality: entitlements spending is 60% of our budget, so there is no pathway to rapid balancing of the budget without cutting Medicare, Medicaid, AND Social Security.

Why don't you lead by example and refuse to accept a Social Security check?


Your profilgate war for Israel demolished any hope of rolling back inflation and getting back to pre-Covid America

FLBear is a reflexive cynic. You're just plumb effin' stupid. I mean really….

boognish_bear
How long do you want to ignore this user?
The_barBEARian
How long do you want to ignore this user?
whiterock said:

The_barBEARian said:

whiterock said:

J.R. said:

whiterock said:

Jack Bauer said:

Wait. The Trump administration was bragging about 5-7% GDP and now we are excited it "jumped" to 2%??

2% was 2nd QTR; +5% was 3rd qtr.

If you will recall, I told you this would happen. All that trade deal investment money is starting to hit the GDP numbers. It should sustain for the next 24-36 months.

It's a radical change of business model. No longer are we trying to stimulate the economy by engaging in deficit spending g to stimulate consumption. We are instead growing consumption by growing employment. Latter is sustainable. Former is not.

But it is big change and people are typically afraid of change.

huh? Deficit spending stopped is not factual. You seen the debt added via Piggy?

Fiscal Year (FY) 2026 ended yesterday. Although official figures have not yet been released, our preliminary estimates show high and rising deficits and debt. For FY 2026, we estimate:
  • A budget deficit of $2.0 trillion, or 6.2% of Gross Domestic Product (GDP).
  • Debt held by the public of $32.3 trillion, or 100% of GDP.
  • Spending of $7.4 trillion, or 22.9% of GDP.
  • Revenue of $5.4 trillion, or 16.7% of GDP.
  • Interest costs of $1.1 trillion, a record 3.4% of GDP.
  • Interest was the second largest line item in the budget, costing more than defense or Medicare.
At $2.0 trillion, we estimate budget deficits were about $210 billion above FY 2025 levels, $135 billion above the Congressional Budget Office's (CBO) February projections, and about $305 billion higher than what the Council of Economic Advisers had projected.




C + I + G + T = GDP

I didn't make a claim about stopping deficit spending. I pointed out the plain and well-known macroeconomic impact of using investment rather than government spending to drive GDP growth.

But since you mentioned it, this admin (Bessent in particular) has been quite direct about their plan to deal with the deficit: hold govt spending (G) steady and grow the economy (via I) to reduce the deficit as a percentage of GDP. Thus far, they're doing EXACTLY that - holding the deficit steady while accelerating GDP growth (via trade deal investments) at more than 2x historical rates.

We can't just cut a $1.9T deficit to zero in a budget cycle. It would cause the most harmful recession in our history, dwarfing the Great Depression of the 1930s. Because, you see, government spending is part of the GDP equation. Every single dollar cut to govt spending cut lowers top-line GDP numbers. That's why admins of both parties have been so reluctant to actually cut spending - the political costs of budget cuts dwarf the political costs of deficits. Within that fiscal burrito is another politically destabilizing reality: entitlements spending is 60% of our budget, so there is no pathway to rapid balancing of the budget without cutting Medicare, Medicaid, AND Social Security.

Why don't you lead by example and refuse to accept a Social Security check?


Your profilgate war for Israel demolished any hope of rolling back inflation and getting back to pre-Covid America

FLBear is a reflexive cynic. You're just plumb effin' stupid. I mean really….




I might be, but I'm right about you destroying this country for Israel... whiterock, the white savior of the ME!
boognish_bear
How long do you want to ignore this user?
Jack Bauer
How long do you want to ignore this user?
I was.told we are thriving??

historian
How long do you want to ignore this user?
You are almost never correct about anything, especially the antisemitic stupidity.

You keep proving how irrational bigotry is.
“Incline my heart to your testimonies, and not to selfish gain!”
Psalm 119:36
FLBear5630
How long do you want to ignore this user?
whiterock said:

The_barBEARian said:

whiterock said:

J.R. said:

whiterock said:

Jack Bauer said:

Wait. The Trump administration was bragging about 5-7% GDP and now we are excited it "jumped" to 2%??

2% was 2nd QTR; +5% was 3rd qtr.

If you will recall, I told you this would happen. All that trade deal investment money is starting to hit the GDP numbers. It should sustain for the next 24-36 months.

It's a radical change of business model. No longer are we trying to stimulate the economy by engaging in deficit spending g to stimulate consumption. We are instead growing consumption by growing employment. Latter is sustainable. Former is not.

But it is big change and people are typically afraid of change.

huh? Deficit spending stopped is not factual. You seen the debt added via Piggy?

Fiscal Year (FY) 2026 ended yesterday. Although official figures have not yet been released, our preliminary estimates show high and rising deficits and debt. For FY 2026, we estimate:
  • A budget deficit of $2.0 trillion, or 6.2% of Gross Domestic Product (GDP).
  • Debt held by the public of $32.3 trillion, or 100% of GDP.
  • Spending of $7.4 trillion, or 22.9% of GDP.
  • Revenue of $5.4 trillion, or 16.7% of GDP.
  • Interest costs of $1.1 trillion, a record 3.4% of GDP.
  • Interest was the second largest line item in the budget, costing more than defense or Medicare.
At $2.0 trillion, we estimate budget deficits were about $210 billion above FY 2025 levels, $135 billion above the Congressional Budget Office's (CBO) February projections, and about $305 billion higher than what the Council of Economic Advisers had projected.




C + I + G + T = GDP

I didn't make a claim about stopping deficit spending. I pointed out the plain and well-known macroeconomic impact of using investment rather than government spending to drive GDP growth.

But since you mentioned it, this admin (Bessent in particular) has been quite direct about their plan to deal with the deficit: hold govt spending (G) steady and grow the economy (via I) to reduce the deficit as a percentage of GDP. Thus far, they're doing EXACTLY that - holding the deficit steady while accelerating GDP growth (via trade deal investments) at more than 2x historical rates.

We can't just cut a $1.9T deficit to zero in a budget cycle. It would cause the most harmful recession in our history, dwarfing the Great Depression of the 1930s. Because, you see, government spending is part of the GDP equation. Every single dollar cut to govt spending cut lowers top-line GDP numbers. That's why admins of both parties have been so reluctant to actually cut spending - the political costs of budget cuts dwarf the political costs of deficits. Within that fiscal burrito is another politically destabilizing reality: entitlements spending is 60% of our budget, so there is no pathway to rapid balancing of the budget without cutting Medicare, Medicaid, AND Social Security.

Why don't you lead by example and refuse to accept a Social Security check?


Your profilgate war for Israel demolished any hope of rolling back inflation and getting back to pre-Covid America

FLBear is a reflexive cynic. You're just plumb effin' stupid. I mean really….



Well, Thank you Clark...


Jack Bauer
How long do you want to ignore this user?
Revised Numbers:
July: -10,000 (31,000 adjustment down)
August: 133,000 (29,000 adjustment down)
September: 29,000 (90,000 forecasted)


FLBear5630
How long do you want to ignore this user?
Jack Bauer said:

Revised Numbers:
July: -10,000 (31,000 adjustment down)
August: 133,000 (29,000 adjustment down)
September: 29,000 (90,000 forecasted)




Anyone who listens to this guy, there is no hope...
Jack Bauer
How long do you want to ignore this user?
FLBear5630 said:

Jack Bauer said:

Revised Numbers:
July: -10,000 (31,000 adjustment down)
August: 133,000 (29,000 adjustment down)
September: 29,000 (90,000 forecasted)




Anyone who listens to this guy, there is no hope...


There are people in this country who actually believe 100% of job losses are either government or illegal aliens and that's a good thing..
FLBear5630
How long do you want to ignore this user?
Jack Bauer said:

FLBear5630 said:

Jack Bauer said:

Revised Numbers:
July: -10,000 (31,000 adjustment down)
August: 133,000 (29,000 adjustment down)
September: 29,000 (90,000 forecasted)




Anyone who listens to this guy, there is no hope...


There are people in this country who actually believe 100% of job losses are either government or illegal aliens and that's a good thing..

I have really never seen such a collection of yes-men on one team, outside of my work that is... Seems to be the preferred management style.
historian
How long do you want to ignore this user?
Jack Bauer said:

FLBear5630 said:

Jack Bauer said:

Revised Numbers:
July: -10,000 (31,000 adjustment down)
August: 133,000 (29,000 adjustment down)
September: 29,000 (90,000 forecasted)




Anyone who listens to this guy, there is no hope...


There are people in this country who actually believe 100% of job losses are either government or illegal aliens and that's a good thing..

There is no way that 100% of job losses are from those groups. It is a good thing when illegals lose jobs, thus opening jobs for Americans. Considering how bloated the bureaucracy is, it's generally good to see those numbers reduced. Remember: every govt employee is paid directly by taxpayers. To the extent those numbers go down, it's good for America. Obviously, we don't want American bureaucrats who lose their jobs to remain unemployed. Hopefully, they can all find a private sector job quickly.

The goal should be full employment for all Americans.
“Incline my heart to your testimonies, and not to selfish gain!”
Psalm 119:36
boognish_bear
How long do you want to ignore this user?
is this a sustainable trajectory for our country?



There are currently 134.8 million households in the US.

Just ~1.4 million of these households, or 1%, now control a record 32.5% of US household wealth.

Never in US history has there been a wealth divide even remotely close to what we are seeing now.
Sam Lowry
How long do you want to ignore this user?
historian said:

Jack Bauer said:

FLBear5630 said:

Jack Bauer said:

Revised Numbers:
July: -10,000 (31,000 adjustment down)
August: 133,000 (29,000 adjustment down)
September: 29,000 (90,000 forecasted)




Anyone who listens to this guy, there is no hope...


There are people in this country who actually believe 100% of job losses are either government or illegal aliens and that's a good thing..

There is no way that 100% of job losses are from those groups. It is a good thing when illegals lose jobs, thus opening jobs for Americans. Considering how bloated the bureaucracy is, it's generally good to see those numbers reduced. Remember: every govt employee is paid directly by taxpayers. To the extent those numbers go down, it's good for America. Obviously, we don't want American bureaucrats who lose their jobs to remain unemployed. Hopefully, they can all find a private sector job quickly.

Oh, they will. Private contractors favored by the administration will take over those government jobs, still at taxpayer expense, and you'll end up paying even more money for even worse service and less oversight. But at least you can say you stuck it to the bureaucracy.
historian
How long do you want to ignore this user?
You have some ridiculous love for Big Brother!

Ideally, most of the government jobs eliminated will be permanent, resulting in government taking on fewer responsibilities and thus limiting our freedom less. Government should be doing far less. The result will be less govt spending and less deficit. Now I don't believe that this will happen with all those jobs but any reduction in government overreach is a good thing. It's a step in the right direction.
“Incline my heart to your testimonies, and not to selfish gain!”
Psalm 119:36
Sam Lowry
How long do you want to ignore this user?
historian said:

You have some ridiculous love for Big Brother!

Ideally, most of the government jobs eliminated will be permanent, resulting in government taking on fewer responsibilities and thus limiting our freedom less. Government should be doing far less. The result will be less govt spending and less deficit. Now I don't believe that this will happen with all those jobs but any reduction in government overreach is a good thing. It's a step in the right direction.

You remind me of myself when I was about 12 years old. Good luck finding that libertarian utopia.
historian
How long do you want to ignore this user?
I did not say I expected much to happen now and it's not utopian (or libertarian) to seek a reduction in government. We've seen some of that under #47 and it can continue.

Realistically, not much will happen soon because Congress has shown little interest. But things can change in January and moving forward with the proper election results. We certainly don't need any socialists pushing their insane agenda. America does not want to experience what France is seeing now.
“Incline my heart to your testimonies, and not to selfish gain!”
Psalm 119:36
FLBear5630
How long do you want to ignore this user?
historian said:

You have some ridiculous love for Big Brother!

Ideally, most of the government jobs eliminated will be permanent, resulting in government taking on fewer responsibilities and thus limiting our freedom less. Government should be doing far less. The result will be less govt spending and less deficit. Now I don't believe that this will happen with all those jobs but any reduction in government overreach is a good thing. It's a step in the right direction.

How is that working out for us? Debt down? No more deficit spending? Services up? Food safer? Airlines safer? Health better? No foreign wars? We checking all the boxes?
historian
How long do you want to ignore this user?
If you want anything safer, don't trust the government to do it. Or have you forgotten all the covid fiascos?

If you want any reduced spending, you cannot trust the government to do it especially when the Dems have any power. They always want to take more if your money and give it to illegals and fraudsters. All of this is indisputable by their record and their own public statements.
“Incline my heart to your testimonies, and not to selfish gain!”
Psalm 119:36
boognish_bear
How long do you want to ignore this user?
 
×
subscribe Verify your student status
See Subscription Benefits
Trial only available to users who have never subscribed or participated in a previous trial.