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The week's question
In December 2024, in the thread "Re: BRK: Why Not XOM?", BreckHutHigh asked the members: "What about the long road trips with kids?" This week it is put to everyone again. The button below opens the small thread re-asking it - read what others have said so far, then give your own answer as an ordinary reply.
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Halls of Shrewd'm / US Policy
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Author: commonone   😊 😞
Number: of 84361 
Subject: Re: Powell Cannot Say the "S" Word
Date: 10/29/25 8:52 PM
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bighairymike: Back when Trump was announcing his wise and inspired tariff program, you liberals were guaranteeing financial Armageddon, the end of of times for our economy and our way of life.

So, where is the depression that you promised?


Wise and inspired?

Hilarious.

Ever heard of TACO Tuesday?

Besides, no one predicted a "depression". 16 Nobel-Prize-winning economists warned that Trump’s policies could “re-ignite inflation,” though. And that's beginning to happen. Or have you not purchased groceries lately. Or paid for energy.

And take a look around. GM is laying off 3300 and has downsized to single shifts. 30,000 at Amazon. 2000 at Paramount. According to Challenger, Gray & Christmas, U.S.-based employers announced around one million job cuts so far this year. And temporary hiring is predicted to be down this holiday season. And didn't we just paint negative jobs growth last month?

Companies not levered to AI are setting 52-week lows, missing revenue projections, or issuing warnings or guidance cuts.

Entry-level residential construction is in recession.

Iowa is in recession (6.1% drop in GDP).

Atlanta apartment construction is in recession.

Film and TV production in Atlanta is in recession.

Wages are stagnant, rents higher, inflation rising, jobs growth falling.

Recession may not be everywhere but it's coming.



Dope1: They *did* deliver riots and violence, so they at least get partial credit!

Are those riots and that violence happening in the room with you right now?

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This community has written 84,309 posts about US Policy. The article-length ones it recommended most:
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