it’s interesting that all the maga was like the gov’t lies (without proof), when biden was in office. and now all of a sudden the job reports are perfect, with trump in office.
meanwhile the liberals are like show me proof of job reports being false, yet now are like… him dubious of the jobs report.
i think the key difference is that the federal gov’t just let go of tens of thousands of workers. the math isn’t mathing… how do you have such a good jobs report, while laying off like a significant chunk of gov’t workers, with fb, amazon, microsoft, oracle axing people left and right. without those axes, the jobs report would literally be one of the biggest expansions of our workforce in america in the past 50 years.
love or hate trump, we can all admit he has been manipulating things in his favor his whole entire life. how does one not look at that and say, hmm, something is probably a little fishy here.
it’s ok to not like the other party, but at least do some mathing…
Sounds so scandalous. There is no sign the government is falsifying the reports. One report being intentionally a little off they might get away with, but it is pretty easy to verify the reports especially in the long run. The people who make the reports are very proud of their work and they haven’t been eliminated yet. If they were told to lie then you would have heard about it. Simply said false data is easily seen from outside and would have been screamed about from the inside.
Unless Trump does a mea culpa I’d say a recession is pretty certain at this point. Since the likelihood of a mea culpa is zero buckle up. Recessions are usually caused by the business cycle catching up with fantasy or gov’t debt etc. I think this is the first one I can remember that is self inflicted in the West
what is interesting is that a technical recession would not be declared until 2 quarters, so earliest it could be a “technical” recession would be September… then if there was an immediate turnaround (very unlikely) it would take until March 2026… that is interesting timing for the effect on the midterms… This is likely to bite right around that time frame and well as they say if there is a recession it could lead to a republican blood bath. These could be interesting times. If there was a 2/3 majority or even enough with unhappy republicans could djt be impeached? this is getting interesting.
The thing with Trump, especially this term, is that he is so chaotic that we have no idea what the environment will be like next Fall for the mid-terms. And anything that people don’t like will be deflected and blamed on others.
The key question is will the us be in a recession? That could really change the discussion seeing as 2 topics seem to resonate immigration and cost of living. Immigration will be old news the cost of living will be in real time, with nothing he can do to change it without eating crow.
Illegal immigrants who are stealing everyone’s jobs (even though almost none will be coming through the border)
And his cult will just eat it up.
Seriously, Tylertri, who seems to one of the less rabid Trump fans I’ve come across online, is pushing the downturn in the world markets not as a downturn, but a ‘buying opportunity’. Might as well not blame the next arsonist who intentionally burns your house down for zero reason and call it a ‘bathroom renovation opportunity that you’ve should have been planning for.’
And I mean, Trump dude has managed to convince MAGAs that Canada is one of their mortal enemies, not a friend to American, and has been ripping us off for decades thus contributing to our financial insolvency. Canada?! Really? The most benign neighbor any world power could possibly hope to have? Go to Fox news forums, and Canada is discussed like a mortal enemy, while they’re asking “Why is Russia our enemy?”
I do know of one and only ONE thing that I’ve seen MAGAs almost lose faith in Trump. It was in in his first term when he was spitballing ideas in public and was publicly commenting “maybe I won’t go after DACA?” Wow - all of a sudden EVERYONE on Fox was piling on to what a horrible idea this was, and how they’d disown him immediately if he did that. So I guess if he turned around tomorrow and said “hey, immigrants are great now!” - that one be the one bridge too far.
Every market crash is a buying opportunity. But that is an incredibly crass way of looking at an event that is causing real pain, job losses, and business/market uncertainty to real people in America and abroad. Let’s also not forget that there is a connection between unemployment numbers and suicides.
If you’re in a position to benefit from all that, well, good for you I guess. But a lot of people aren’t, and I would bet a lot of those people are MAGA folks.
At the end of the day, everything is an opportunity for the very few who manage to stay ahead of the market.
One thing I’ve noticed about a lot of Republican voters is that they THINK they are in on it. The vast majority are not. They are the fans on the sideline, cheering their team on as they watch them dunk on the libs.
I think up until this point the idea that tariffs are just a bargaining chip that Trump will just use strategically, I think the markets were factoring that in and not selling off. The scary tipping point is when they decide that he isn’t backing down and isn’t likely to reverse course. Maybe we are there already. I don’t think anybody can call when this occurs. The alternative is he declares victory and drops the tariffs and the markets have a big rally. If that occurs if you sell off you end up buying at a higher price.
how does the market price in mafia style shake downs… he said in very plain english, if the countries want to deal with the tariffs they have to pay money a lot of money… that is the definition of a shake down or coercion. If they buckle it is like how the mafia or drug cartels control a town, they will make it very uncomfortable not to comply. He is no better than a common mafioso or cartel king pin.