“Damn Democrats cost me my house”-Trump voters after they get laid off, lose their homes, their healthcare, and everything because they bought Trump shit
I remember… I googled ‘yield curve inversion’ and hoped I wouldn’t need to.
Huh 3-month is currently higher than 30-year, and is the main outlier, with 6-month also beating 10-year and 12-month being equivalent to 10-year
Yuuuuuup. I was just talking to my buddies about the current Trump Election Stonks Bubble and when it might burst. He tanked the economy and market the first time around even before the pandemic. He’s gonna ruin it even more this time.
#Depression. FTFY
The people who voted strictly on the economy have no idea what the yield curve is.
Dude, the yield curve has been down a long time, this is gonna be a major recession.
Yep…you noticed that too. Yield curve has started to narrow and is heading for inversion since elections. I sold all my bonds to money market. We finally have a stable economy and he is going to fuck it up, just like he destroys everything else.
I’m not worried about this. I’m prepared for a downturn, but sadly a lot of these people that voted for cheaper eggs… I just don’t know anymore.
Trump *will* take credit for any current positive economic situations that were a result of the Biden administration
AND Trump *will* inevitably blame Biden, Harris, Obama, Clinton, etc when he crashes the economy
And his supporters (cult followers) will believe it all because they are incapable of rational thinking
What should I do?
Any of you guys remember the actual quote? I remember dying laughing at it but I’ve been hit in the head and lot since then lol.
Oh man. Can we go back to the times of Waynes World?
It took a horrific economic disaster, a dustbowl and three years of conservative inaction to put FDR in the white house in 1932. He and his successor liberal governments did such a spectacular job that a conservative couldn’t get into the white house for 36 years.
Conservatives have spent the years since they got back in the game dismantling all of those economic gains, sucking resources from the middle class and funneling it into the pockets of 700 billionaires.
If Trump and his cronies do everything they’ve promised we’re looking down the barrel of another incredible disaster. But this time they have almost complete control of the media and they will have installed true believers in the election commissions of every red and swing state.
So we might be permanently fucked.
The people who voted on the economy got their information from the “I did that” stickers on the gas pumps, because anything more is too complicated for them.
Vance blows goats. I have proof.
You 100% know that as soon as Trumps economics are destroying the US, the right would be blaming Biden
Great depression was preceded by tariff hikes and strict immigration policies.
Eisenhower recession in 1957 was preceded by tight monetary policy and strict immigration policies including mass deportation of Mexicans
Recession of 1973 and 1970’s gas crisis were preceded by the Nixon Shock which included a broad 10% tariff hike on all US imports.
Having a hard time seeing how Trump won’t cause a recession here.
My quote that I seem to say a lot when talking about TFG is “Do you know how hard it is to bankrupt a casino?”
Don’t worry the recession won’t last long. I am pretty sure Trump and his cabinet will roll up their sleeves grab a tight hold of the economy and slam that sucker down into a depression, maybe even the greatest of depressions.
**Setting the Record Straight on Biden vs. Trump: The Economy**
1. **Biden Inherited Trump’s Mess: —** Biden took office amid a recession triggered by Trump’s chaotic handling of COVID-19. The delayed response and lack of a federal plan left the U.S. economy in disarray, with high unemployment and struggling small businesses.
2. **Biden’s Economic Recovery Was Fast and Effective —** Under Biden, the U.S. experienced record job growth, a GDP rebound, and relief packages that stabilized the economy. Inflation rose globally, but Biden’s policies helped prevent a deeper recession and accelerated recovery.
3. **Inflation Isn’t All Biden’s Fault —** Inflation was driven by global factors like supply chain disruptions and the war in Ukraine. Biden’s efforts to tackle it helped bring rates down by late 2023, while Trump’s trade wars and tax cuts for the wealthy worsened the deficit and hurt American workers.
4. **Corporate Profits Soared, But Wages Didn’t —** Under Biden, the stock market hit new highs and corporate profits surged. But companies chose stock buybacks over raising wages, making it harder for workers to keep up with higher prices—a trend rooted in corporate policy, not Biden’s actions.
5. **Trump’s Economic Record Was Overhyped —** Much of Trump’s early economic gains were a continuation of Obama-era recovery. His tax cuts mainly benefited the wealthy, ballooned the deficit, and didn’t lead to lasting wage growth for workers.
**Bottom Line:** Biden inherited a troubled economy and delivered a strong recovery despite global challenges. Trump’s supporters paint him as an economic savior, but his short-term gains came at a long-term cost. Maybe this will sink in among his supporters during his new term, though just as he inherited a strong and growing economy from Obama, he’s now going to benefit from the work Biden did.
1100 employees for an auto parts plant in Ohio have been laid off indefinitely last week. Here it comes… the tRump drain, as in everything is going down it.
Can someone ELI5 this for me?
I had no idea what the yield curve was until I just Googled it.
From what I found in my Google search, the curve inverted months ago.
Can someone explain to me, so that I can explain to my Trump supporting lunatic family, how a recession or depression isn’t Biden fault since Trump has not taken office yet?
My financial advisor just sent me a thing about treasuries and how US debt under Trump is expected to soar and that yield rates are expected to rise again as a result.
Theres kind of a wait and see attitude because right now stocks are gonna see a bit of a sugar rush from the idea of lower taxes and less regulation but it seems most of the economists see this as temporary and if Trump does put in his tariffs that’ll start a very nasty cycle, the likes of which we haven’t seen in decades or more.
I do remember Shawn Spicer being asked about Trump taking credit for jobs numbers two fucking days into his term and him not even being able to defend the statement without laughing. “They were fake then but they’re very real now.”
Tariffs were one of the lead causes in the great depression 🫥
It inveresed in late 2019 too, I don’t think you can really blame trump for the covid recession happening. You can blame him for the severity cuz of his shit response though.
Honestly, can someone tell me when we haven’t been in a recession. It seems like we’ve in one my entire life. 29
30 comments
“Damn Democrats cost me my house”-Trump voters after they get laid off, lose their homes, their healthcare, and everything because they bought Trump shit
I remember… I googled ‘yield curve inversion’ and hoped I wouldn’t need to.
Huh 3-month is currently higher than 30-year, and is the main outlier, with 6-month also beating 10-year and 12-month being equivalent to 10-year
Yuuuuuup. I was just talking to my buddies about the current Trump Election Stonks Bubble and when it might burst. He tanked the economy and market the first time around even before the pandemic. He’s gonna ruin it even more this time.
#Depression. FTFY
The people who voted strictly on the economy have no idea what the yield curve is.
Dude, the yield curve has been down a long time, this is gonna be a major recession.
Yep…you noticed that too. Yield curve has started to narrow and is heading for inversion since elections. I sold all my bonds to money market. We finally have a stable economy and he is going to fuck it up, just like he destroys everything else.
I’m not worried about this. I’m prepared for a downturn, but sadly a lot of these people that voted for cheaper eggs… I just don’t know anymore.
Trump *will* take credit for any current positive economic situations that were a result of the Biden administration
AND Trump *will* inevitably blame Biden, Harris, Obama, Clinton, etc when he crashes the economy
And his supporters (cult followers) will believe it all because they are incapable of rational thinking
What should I do?
Any of you guys remember the actual quote? I remember dying laughing at it but I’ve been hit in the head and lot since then lol.
Oh man. Can we go back to the times of Waynes World?
It took a horrific economic disaster, a dustbowl and three years of conservative inaction to put FDR in the white house in 1932. He and his successor liberal governments did such a spectacular job that a conservative couldn’t get into the white house for 36 years.
Conservatives have spent the years since they got back in the game dismantling all of those economic gains, sucking resources from the middle class and funneling it into the pockets of 700 billionaires.
If Trump and his cronies do everything they’ve promised we’re looking down the barrel of another incredible disaster. But this time they have almost complete control of the media and they will have installed true believers in the election commissions of every red and swing state.
So we might be permanently fucked.
The people who voted on the economy got their information from the “I did that” stickers on the gas pumps, because anything more is too complicated for them.
Vance blows goats. I have proof.
You 100% know that as soon as Trumps economics are destroying the US, the right would be blaming Biden
Great depression was preceded by tariff hikes and strict immigration policies.
Eisenhower recession in 1957 was preceded by tight monetary policy and strict immigration policies including mass deportation of Mexicans
Recession of 1973 and 1970’s gas crisis were preceded by the Nixon Shock which included a broad 10% tariff hike on all US imports.
Having a hard time seeing how Trump won’t cause a recession here.
My quote that I seem to say a lot when talking about TFG is “Do you know how hard it is to bankrupt a casino?”
Don’t worry the recession won’t last long. I am pretty sure Trump and his cabinet will roll up their sleeves grab a tight hold of the economy and slam that sucker down into a depression, maybe even the greatest of depressions.
**Setting the Record Straight on Biden vs. Trump: The Economy**
1. **Biden Inherited Trump’s Mess: —** Biden took office amid a recession triggered by Trump’s chaotic handling of COVID-19. The delayed response and lack of a federal plan left the U.S. economy in disarray, with high unemployment and struggling small businesses.
2. **Biden’s Economic Recovery Was Fast and Effective —** Under Biden, the U.S. experienced record job growth, a GDP rebound, and relief packages that stabilized the economy. Inflation rose globally, but Biden’s policies helped prevent a deeper recession and accelerated recovery.
3. **Inflation Isn’t All Biden’s Fault —** Inflation was driven by global factors like supply chain disruptions and the war in Ukraine. Biden’s efforts to tackle it helped bring rates down by late 2023, while Trump’s trade wars and tax cuts for the wealthy worsened the deficit and hurt American workers.
4. **Corporate Profits Soared, But Wages Didn’t —** Under Biden, the stock market hit new highs and corporate profits surged. But companies chose stock buybacks over raising wages, making it harder for workers to keep up with higher prices—a trend rooted in corporate policy, not Biden’s actions.
5. **Trump’s Economic Record Was Overhyped —** Much of Trump’s early economic gains were a continuation of Obama-era recovery. His tax cuts mainly benefited the wealthy, ballooned the deficit, and didn’t lead to lasting wage growth for workers.
**Bottom Line:** Biden inherited a troubled economy and delivered a strong recovery despite global challenges. Trump’s supporters paint him as an economic savior, but his short-term gains came at a long-term cost. Maybe this will sink in among his supporters during his new term, though just as he inherited a strong and growing economy from Obama, he’s now going to benefit from the work Biden did.
1100 employees for an auto parts plant in Ohio have been laid off indefinitely last week. Here it comes… the tRump drain, as in everything is going down it.
Can someone ELI5 this for me?
I had no idea what the yield curve was until I just Googled it.
From what I found in my Google search, the curve inverted months ago.
Can someone explain to me, so that I can explain to my Trump supporting lunatic family, how a recession or depression isn’t Biden fault since Trump has not taken office yet?
My financial advisor just sent me a thing about treasuries and how US debt under Trump is expected to soar and that yield rates are expected to rise again as a result.
Theres kind of a wait and see attitude because right now stocks are gonna see a bit of a sugar rush from the idea of lower taxes and less regulation but it seems most of the economists see this as temporary and if Trump does put in his tariffs that’ll start a very nasty cycle, the likes of which we haven’t seen in decades or more.
I do remember Shawn Spicer being asked about Trump taking credit for jobs numbers two fucking days into his term and him not even being able to defend the statement without laughing. “They were fake then but they’re very real now.”
Tariffs were one of the lead causes in the great depression 🫥
It inveresed in late 2019 too, I don’t think you can really blame trump for the covid recession happening. You can blame him for the severity cuz of his shit response though.
Honestly, can someone tell me when we haven’t been in a recession. It seems like we’ve in one my entire life. 29
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