Rate cuts will hopefully inject some liquidity into stocks and soften the declining market. Still not good long-term, and unlike in Pedo Joe's term nobody is going to simp for the broken economy. Definitely not looking good for cheap eggs!
A rate cut now would create higher risk of stagflation without the job market being fixed. You’re just printing funny money at that point.
What do you think Trump should have done differently? I think a lot of what he did was necessary, like the DOGE layoffs were and are going to be a positive, and the threat of tariffs seems to be getting Mexico and Canada into line. And tariffs on Mexican goods should have been slowly ramped up because that absolutely will bring back industry to the US, but Canada was a step too far and doesn't seem to have any strategy. His tariffs seem to lack realistic strategy which is going to cost this country big time.
The DOGE layoffs were not necessary and scrapped a ton of vital work and research. I know for a fact the national weather center and noaa got scrapped last week. VA assistance is also dead in the water and plenty of veterans are now without jobs. I think Trump should’ve decided not to get rid of the dollar and not artificially manipulate the economy in order to get the money spigot flowing. As a nation we are the weakest we’ve ever been, now DOGE is going after inspector generals who have been there since the dinosaurs doing literally nothing to harm the consumer.
Wouldn't the tariffs and re-shoring help with fixing the job market?
USAID paying $22 Million for Sesame street in Iraq was necessary?
20% of it's 13,000 workforce was either cut or quit. Doesn't seem that bad, hopefully it's all the climate bs.
Job market sucks for everyone, hopefully the tariffs and other incentives will bring back manufacturing.
I don't know what you mean here.
The government manipulates the economy all the time. That's part of the job of a state.
Yep, how much is Trump's fault, I don't know. But I do know this is a long term problem, not just a Trump one.
I thought the government manipulating the economy was bad or something? Those dinosaurs were taking Millions of taxpayer dollars. That's manipulating the economy.
Trillions of M1 money was printed between 2020 and now. That money was funneled to banks, which can create more money. That money was then put into buying stocks, and real estate. Which inflated their value compared to other goods and services in the economy. To raise purchasing power you can either, depress capital goods, or inflate wages. Wages are sticky, so they don't move easily, one way or the other. If you decrease the price of capital goods, then people's wages stay the same, but they can buy more things. The problem with recessions are companies who rely on debt from stock evaluations might go bankrupt. As we've seen in 2008, the US government will protect major business with bailouts. They did the same with banks. If they forced those companies to re-shore then we wouldn't have any of the major problems we have now, but I digress.
There’s literally nothing and I mean nothing the fed can do to raise purchasing power. A large majority of Americans couldn’t cover a $1,000 emergency expenditure if their life depended on it. Weekly grocery trips are now something like $400. I bought shit at Walmart to make shrimp scampi yesterday and it was $47. There are no assurances to the American people everything is okay. We are in a free fall.
There's nothing the Fed can do to raise purchasing power. The government can reduce debts by forgiving private debts. Which will give households more purchasing power, as well as businesses. The economy is over levered, to the point of collapse. This sort of "debt Jubilee" has been observed for as long as we have records of debt. Read "Debt and Economic Renewal in the Ancient Near East"
You're probably right. However, there is a part of him that wants to be "the greatest president evar!!1!!". If he did that, he would be.
Forgiving massive credit debt lines would lead to a faster collapse than before. A lot of the market is leveraged against debt and borrowing.
exactly my point. The debt payments are too high because debts are too high. If a portion of debts were forgiven, on a section of businesses and households they, would have more cash, because they have smaller debts to service. For a period, we would probably have to ban short selling.
This is obviously him coping. He cares, and cares a lot. If I were him, I would care, and care a lot. If the economy is in the shitter in 2026 MAGAs fucked. Or I would say that if the Democrats weren't so stupid, and they actually put together a competent coalition.
Banning short selling seems like a very Trump thing to do. Making it illegal to short TSLA.
I understand it can be used as a kind of insurance for investors. But how is the country really helped by letting people profit off our businesses failing? Doesn't that create some George Soros situations where you pay thugs to riot, while you short the pound?
