[Pain] HUGE, self-inflicted Recession incoming due to Trump/Musk

Year to date, sp500 is languishing at +10.37%. Another week wasted, no results.

Tick tock, time’s a wastin. I can’t believe he can’t even match dementia Biden’s 25%.

 

Languishing at all time highs and with powerful annualized YTD growth? LMAO -- I wish my portfolio would languish there more often!

This has all been done while simultaneously using tariffs to open access to foreign markets for USA goods and to stimulate the onshoring of manufacturing in the USA. So Trump is driving meaningful long term gains (improvement in terms of trade, more high quality US-based jobs) while also improving the short-term outlook. Truly impressive. Biden just spent money like a drunken sailor and that was really his only tool for increasing GDP. Again, Trump is creating real wage growth for the middle/working classes and growing the economy with LOW inflation. Much harder and much more beneficial for Americans' standard of living.

Trump is the President for economic growth -- I don't think there's any disputing that at this point.

GOOD DAY

 

So many words, such small returns.

“If you’re explaining, you’re losing”
Ronald Reagan

 

Terrible argument that shows you don't understand anything.

$1 in 2020 (start of Biden) invested in the SP500, would have become $1.84 in 2024 (84% growth in 4 years)
In 2020 $1 of household goods would have cost $1.21 by end of Biden (21% CPI increase from 2020-2024)

$1 in Jan 2025 (start of Trump invested in the SP500, would have become $1.10 in Jul 2025 (10% growth so far)
In Jan 2025, $1 of household goods would cost $1.03 by Jul 2025 (Based on inflation growth since this year)

Purchasing Power under Biden, over .60 cents increase
Purchasing Power under Trump, only 7 cents increase

If your argument is based solely on the stock market, it's still 100% wrong

 

LOL you don’t have a common time period for your measurement and comparison and you waaaay overestimated inflation for Trump’s first 6 months in office. If you came into my office with such shoddy analysis, I’d call an all hands meeting to fire you publicly!

GOOD DAY

 

My dear Mojoman/BiggTexx/Trader Jorge, do you need us to help you reach a common denominator?

@TheRealist137 did all the work for you, but a tiny bit of fifth grade math was too hard?

Some folks have indicated that you graduated from Rice University, but perhaps it was one of those “Southern schools” that you were bragging about the other day? On line degree from Liberty University perhaps?

 

Economic growth is SOARING on the strength of great policy in Washington DC and a strong, confident consumer. Trump's policies work, ya'll. More evidence here. And the stock market is reaching even more all time highs today. Low unemployment, low inflation, jobs returning to the USA, foreign markets opening for US-produced goods, lower taxes, robust economic growth.... The GOLDEN ERA is upon us.

U.S. economy expanded 3.3% in Q2, with growth even stronger than initially thought

• Gross domestic product rose at a 3.3% annualized pace in the April-through-June period, the Commerce Department reported.
• The reading was better than the initial 3.0% estimate as well as the 3.1% Dow Jones consensus forecast, as consumer spending helped push the number higher.

The U.S. economy grew at a pace that was faster than expected in the second quarter as consumers and businesses held up against tariff volatility.

Gross domestic product rose at a 3.3% annualized pace in the April-through-June period, the Commerce Department reported Thursday in its second estimate for the most encompassing measure of economic activity. The reading was better than an initial 3.0% estimate as well as the 3.1% Dow Jones consensus forecast.


Consumer spending, which rose by 1.6% compared with an initial 1.4% estimate, helped push the number higher.

Importantly, a measure called final sales to private domestic purchasers jumped 1.9%, up from the previous figure of 1.2%. Federal Reserve officials watch that metric closely as an indication of demand and sales that focuses on activity within U.S. borders, an especially important measure considering the uncertain impact of President Donald Trump’s tariffs.

The GDP number also reflected the unusual impact of the tariffs as they related to trade numbers.

Imports, which subtract from GDP, tumbled 29.8% in the quarter after companies stockpiled ahead of Trump’s April 2 “liberation day” announcement. The figure was a bit less than the previous estimate of 30.3%.

At the same time, exports, which add to GDP, fell by 1.3%, compared with the previous estimate of -1.8%. Taking the figures together, net exports added nearly 5 percentage points to the Q2 total.


For the first half of the year, GDP has grown about 2.1%, or an average of a little more than 1% per quarter. The economy contracted 0.5% in the first quarter, largely due to the impact of the import rush.

https://www.cnbc.com/2025/08/28/us-...owth-was-stronger-than-initially-thought.html

 

America is in a Serious Jobs Slump

"This is a turning point for the labor market," Heather Long, chief economist at Navy Federal Credit Union, wrote Wednesday. "It's yet another crack."

The number of job openings fell to an estimated 7.18 million at the end of July, according to Bureau of Labor Statistics data released Wednesday. Job openings not only are at their lowest level in 10 months, but they're also below the number of unemployed workers (at 7.2 million) for the first time since April 2021.​

 

https://www.yahoo.com/finance/news/...he-first-time-since-april-2021-170652412.html

 

"Drill baby drill" lmao Trump sold out the American worker to OPEC and his cultists still worship him

 

Another promise that was a lie

 

Voters are, I'm sure. But the GOP politicians in Texas are loving the fascism. It's the only way they hold on to power with their shrinking demographics.

 

Crooks everywhere.

 

Federal jobs needed to shrink — and that’s a big part of this figure. Healthy actions as the budget deficit is reduced over the long term and government spending excesses are curbed. Sorry to all the DC DOGE cuts!

Green light for the Fed to cut rates now. Economy will boom.

GOOD DAY

 

Now you're just making **** up

 

We now might be looking at a 50 basis point cut by the Fed at the upcoming meeting. The S&P 500 will BOOM.

Foreign workers out, gov’t excesses and bureaucratic largesse curbed, inflation low, manufacturing investment poised to explode like never before. INTEREST RATES HEADED DOWN. American economy is pointing up.

GOOD DAY

 

Its funny just last year Biden economy had higher interest rates and averaged 188k jobs per month with higher wage gains than Trumps this year.

Its just funny just how full of **** you cultists are. Your guy is destroying the economy and keep coping with your delusional reality