Never before have so many Americans been outside the labor force:
— The Kobeissi Letter (@KobeissiLetter) July 18, 2026
The number of Americans who are not in the labor force rose by +832,000 in June, to 105.8 million, an all-time high.
These are people who are neither employed nor actively looking for work.
This is now 2.2… pic.twitter.com/riqorQEBdA
Recession
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Last: 3 hrs ago by Realitybites
J.R. said:boognish_bear said:"Two years ago, our country was dead. Now we are the hottest country anywhere in the world."
— Fox News (@FoxNews) July 17, 2026
President Trump touted his administration's economic record during his address to the nation, saying the U.S. is seeing historic investment and record employment.
"We have more money… pic.twitter.com/x4LZcEncB4
"Two years ago, our country was dead. Now we are the hottest country anywhere in the world."
President Trump touted his administration's economic record during his address to the nation, saying the U.S. is seeing historic investment and record employment.
"We have more money being invested in the United States than at any time in the history of our country," Trump said. "More Americans are working today than ever before."
serious question. who in their right mind believe any of this?
It is amazing how many on here still double down on that this guy is competent. Either he is competent and gutting the Nation or incompetently flailing. Not sure which. But I am sure he is making a fortune off all this.
Nobody talks about how we're all paying $15 for sandwiches now and just pretending that's normal. Five years ago that same sandwich was $8. The price doubled and the only explanation we got was "supply chain issues" which apparently means "forever."
— Renzo™ (@fwrenzo1) July 18, 2026
BREAKING: A record 556,850 people worldwide now have a net worth exceeding $30 million, up 14.4% in 2025 alone, marking the fastest growth since 2017., per WSJ
— unusual_whales (@unusual_whales) July 19, 2026
BREAKING: Verizon launching another round of layoffs Thursday after cutting 13,000 jobs in November.
— Polymarket Money (@PolymarketMoney) July 14, 2026
Yep. Downhill.FLBear5630 said:boognish_bear said:
Our family has always done this. Can't beat a paid off car. My car is 8 years old and still feels kind of "new" to me.Americans are holding onto their cars. It’s transforming the economics of buying, selling and fixing vehicles. https://t.co/8qSIAaediy
— The Wall Street Journal (@WSJ) June 7, 2026
One of the reasons I drive F150s. Can go 200k to 300k.
Literally Every. Single. Time. https://t.co/ViOKDkU2HK pic.twitter.com/oai7sV5LT3
— Autism Capital 🧩 (@AutismCapital) July 21, 2026
I have also read that the rise in use of GLPs has had a negative impact on snack food sales. So that may be a part of this as well.
PepsiCo, the parent company of Doritos, lost over $1 billion after raising the price of a bag of Doritos to $6-$7. People stopped buying them. They later lowered the price to recover some of the lost revenue, but sales are still down.
— Books Behind Borders (@MHTruthUltra) July 20, 2026
I love that for them.
The Conflicts Brewing In America's Ten Classes
"Let's distill the key dynamics this structure reveals.
1. This is a neofeudal society passing itself off as a free-market democracy. Power is concentrated in the top state-private sector classes. No one below has any real power. Electing another leader or party changes nothing: life gets more difficult, insecure and expensive for commoners regardless of who's in office. The Imperial project grinds on, regardless of the delusional hope that electing someone else will change anything. Everything else is an illusion of power, not real power."
"Let's distill the key dynamics this structure reveals.
1. This is a neofeudal society passing itself off as a free-market democracy. Power is concentrated in the top state-private sector classes. No one below has any real power. Electing another leader or party changes nothing: life gets more difficult, insecure and expensive for commoners regardless of who's in office. The Imperial project grinds on, regardless of the delusional hope that electing someone else will change anything. Everything else is an illusion of power, not real power."
Realitybites said:
The Conflicts Brewing In America's Ten Classes
"Let's distill the key dynamics this structure reveals.
1. This is a neofeudal society passing itself off as a free-market democracy. Power is concentrated in the top state-private sector classes. No one below has any real power. Electing another leader or party changes nothing: life gets more difficult, insecure and expensive for commoners regardless of who's in office. The Imperial project grinds on, regardless of the delusional hope that electing someone else will change anything. Everything else is an illusion of power, not real power."
That feels dead on accurate. I feel fortunate that my wife and I are in a comfortable spot....but I worry about the financial picture ahead for my kids that are in their early 20s just about to start on their journey of becoming independent. Feels like a precarious time ahead for finding a good job, starting a family, and eventually owning a home.
If you have to lease an Apple Watch maybe just hold off on having one for the moment…
BREAKING: Apple, $AAPL, is partnering with Klarna to launch Apple Upgrade, a new leasing program that will let customers lease iPhones, Macs, iPads, and Apple Watches.
— unusual_whales (@unusual_whales) July 21, 2026
NEW: Burger King is testing smaller portions as weight-loss drugs like Ozempic reshape Americans’ eating habits.
— Polymarket (@Polymarket) July 21, 2026
Mark Cuban has said that the solution to growin income inequality is to reward every employee, from CEO to janitor, with company stock, per FORTUNE
— unusual_whales (@unusual_whales) July 21, 2026
Elon Musk did that and made thousands of SpaceX employees millionaires with the IPO.
“Incline my heart to your testimonies, and not to selfish gain!”
Psalm 119:36
Psalm 119:36
boognish_bear said:NEW: Burger King is testing smaller portions as weight-loss drugs like Ozempic reshape Americans’ eating habits.
— Polymarket (@Polymarket) July 21, 2026
They already did that. It's called Shrinkflation.
That which does not kill me, will try again and get nastier
historian said:
Elon Musk did that and made thousands of SpaceX employees millionaires with the IPO.
Did that happen? I recall hearing that the stock has lost a lot since the big media noise.
That which does not kill me, will try again and get nastier
boognish_bear said:Literally Every. Single. Time. https://t.co/ViOKDkU2HK pic.twitter.com/oai7sV5LT3
— Autism Capital 🧩 (@AutismCapital) July 21, 2026
Oldbear83 said:historian said:
Elon Musk did that and made thousands of SpaceX employees millionaires with the IPO.
Did that happen? I recall hearing that the stock has lost a lot since the big media noise.
Yes it happened. It was announced at the same time that Elon became a trillionaire (others became billionaires too). Obviously, the news about Elon received all the attention but the others also benefitted. There was a famous story of a welder who worked for Elon for years, received stock options, bought more stocks over the years, then became a millionaire with the IPO.
I've also read about the stock price dropping but also that it's normal for stock prices to fluctuate, especially after going public. Apparently, Musk's net worth is now less than $1 trillion so the others have likely lost some wealth. But they are all probably richer than they were a few months ago and will likely remain wealthy for the duration.
That's the reality of capitalism: everyone has opportunities to succeed but it's never guaranteed. Failure is always possible too. The difference between capitalism and socialism is that with freedom comes opportunities and even can succeed after multiple failures. Some of the most famous entrepreneurs in US history have failed and succeeded at times. Steve Jobs & Elon Musk are two dramatic examples.
“Incline my heart to your testimonies, and not to selfish gain!”
Psalm 119:36
Psalm 119:36
" Apparently, Musk's net worth is now less than $1 trillion so the others have likely lost some wealth. But they are all probably richer than they were a few months ago and will likely remain wealthy for the duration."
Yes and no. Agree that the stock helps workers, so it's a good thing, but until you sell the stock it's just so much numbers.
Yes and no. Agree that the stock helps workers, so it's a good thing, but until you sell the stock it's just so much numbers.
That which does not kill me, will try again and get nastier
It has dropped down to the 120s for now… It'll be interesting to keep an eye on it
BREAKING: SpaceX is preparing for the largest share unlock ever, with ~$116 billion in stock becoming eligible to be sold next month$SPCX
— Exec Sum (@exec_sum) July 21, 2026
True. Like every form of wealth it must be managed. I suspect they know how to do that.
“Incline my heart to your testimonies, and not to selfish gain!”
Psalm 119:36
Psalm 119:36
Gasoline headed to $5 . We only have 42 days of SPR left. That should put the Recession nail in the coffin.
historian said:
Elon Musk did that and made thousands of SpaceX employees millionaires with the IPO.
78% of SPCX employees did not have access to that opportunity.
J.R. said:
Gasoline headed to $5 . We only have 42 days of SPR left. That should put the Recession nail in the coffin.
Now 41 days left. Crude up another 3.63% premarket.
We can have a countdown to tank bottoms here like they have a countdown to kickoff in the football forum.