5 ms·

The bad news is that we're only one year into the 4 years of bad policy(if we're lucky) and the policy itself will probably continue to get worse

baron816 1y ago
Indeed. We’re not fixing it anytime soon.
nxm 1y ago
We survived with 30% inflation ok key goods during the Biden years due to endless spending, we’ll survive this one too. You’re welcome to short the market though if you feel strongly otherwise
- deleted 1y ago
  [deleted]
- JamesBarney 1y ago
  "key goods" is doing a lot of heavy lifting in that statement.
  - mindslight 1y ago
    "Biden years" is doing even more work. The suicide cultists generally ignore the trillions in helicopter money that was dumped into the economy under Trump's "watch", right when we were also dealing with supply shortages. It took a few years for the economy to start moving and that new money to go from asset prices into consumer prices, right in time for short memories to blame JOEBIDEN.
    - hyperman1 1y ago
      In most countries, every leader is both praised and blamed for the decisions of his or her predecessor.
    - lovich 1y ago
      Well obviously it was Bidens fault for not dealing with the initial Covid outbreak in 2019
- yoyohello13 1y ago
  Luckily, fiscally responsible Trump is coming in to stop all this deficit spending... oh wait.
  - Nevermark 1y ago
    I was going to make a glib comment that Trump is plugging the "deficit spending" of billionaire's having to pay taxes. But given Trump policies in toto, I am having trouble coming up with what a winner looks like here. Big oil I suppose. But that's a damn narrow demographic if everything else is hurting. And overall economic malaise won't juice oil demand. If anyone can characterize the class of economic winners ... ?
    - ericey 1y ago
      The winners won't be a class but a certain privileged country
    - deleted 1y ago
      [deleted]
avgDev 1y ago
If democrats retake congress some things will change. Congress can stop the tariffs. If democrats don't retake congress we are cooked. This means people are okay with whatever is happening.
- kamarg 1y ago
  > This means people are okay with whatever is happening Or it means the game has been rigged which is exactly the point of all the gerrymandering going on right now. Tons of people are not okay with what is happening but their power to replace their government representative has been or is currently being effectively stolen from them.

baron816 1y ago

Indeed. We’re not fixing it anytime soon.

nxm 1y ago

We survived with 30% inflation ok key goods during the Biden years due to endless spending, we’ll survive this one too. You’re welcome to short the market though if you feel strongly otherwise

deleted 1y ago
[deleted]
JamesBarney 1y ago
"key goods" is doing a lot of heavy lifting in that statement.
- mindslight 1y ago
  "Biden years" is doing even more work. The suicide cultists generally ignore the trillions in helicopter money that was dumped into the economy under Trump's "watch", right when we were also dealing with supply shortages. It took a few years for the economy to start moving and that new money to go from asset prices into consumer prices, right in time for short memories to blame JOEBIDEN.
  - hyperman1 1y ago
    In most countries, every leader is both praised and blamed for the decisions of his or her predecessor.
  - lovich 1y ago
    Well obviously it was Bidens fault for not dealing with the initial Covid outbreak in 2019
yoyohello13 1y ago
Luckily, fiscally responsible Trump is coming in to stop all this deficit spending... oh wait.
- Nevermark 1y ago
  I was going to make a glib comment that Trump is plugging the "deficit spending" of billionaire's having to pay taxes. But given Trump policies in toto, I am having trouble coming up with what a winner looks like here. Big oil I suppose. But that's a damn narrow demographic if everything else is hurting. And overall economic malaise won't juice oil demand. If anyone can characterize the class of economic winners ... ?
  - ericey 1y ago
    The winners won't be a class but a certain privileged country
  - deleted 1y ago
    [deleted]

avgDev 1y ago

If democrats retake congress some things will change. Congress can stop the tariffs. If democrats don't retake congress we are cooked. This means people are okay with whatever is happening.

kamarg 1y ago
> This means people are okay with whatever is happening Or it means the game has been rigged which is exactly the point of all the gerrymandering going on right now. Tons of people are not okay with what is happening but their power to replace their government representative has been or is currently being effectively stolen from them.