So, where is the depression that you promised?

Patience grasshopper.

The U.S. government is expected to lose about 300,000 jobs by the end of 2025.

GM is laying off 1,700 workers.

Paramount is laying off 2,000.

Amazon is cutting 14,000 corporate jobs.

UPS is cutting 48,000 jobs this year.

Target is eliminating 1,800 jobs.

Intel announced a workforce reduction of about 24,000.

Microsoft is laying off 15,000 workers.

P&G 7,000 jobs.

Housing starts in Aug 2025 dropped 6% from Aug 2024.

Grocery prices keep climbing and climbing.

As of mid-2025, total bankruptcy filings in the U.S. were up 10–13% compared to 2024.

HealthCare insurance will be increasing an average of about 30 percent for a typical plan in the 30 states where the federal government manages markets and an average of 17 percent in states that run their own markets.

Trade wars continue. China is playing Trump like a fiddle.

By July 2025, the total number of farm bankruptcy filings had already surpassed the total for all of 2024. It is expected a $12 billion bail out will be needed. Heck, I’m old enough to remember when Republicans claimed to be fiscally responsible.

The economy is being held up by AI spending (which will create more jobs losses) and spending by the top 10% of Americans (of which I expect the majority of posters on this board are part of).

Depression? I sure hope not. Bubble? I think we’re in one.

A divisive president surrounded by mostly incompetent sycophants is not making me feel warm and fuzzy about the economy. It would be helpful if the Republicans in Congress actually grew a set of balls. Not counting on that either. Plus, Mini Mike has the House on an extended vacation.

When Powell leaves, all bets are off.

Trump is very good about helping himself, not so good when it comes to helping ordinary Americans. Let them eat cake.