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

Discussion in 'BBS Hangout: Debate & Discussion' started by SamFisher, Feb 18, 2025.

  1. adoo

    adoo Member

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    again, Traitor George, you need to stop lying,

    since Trump 2.0 started in Jan 2025, after Biden left office, CPI, on a year-to-year basis, has gone up every month
     
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  2. El_Conquistador

    El_Conquistador King of the D&D, The Legend, #1 Ranking

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    Prices going DOWN triggers a recession if not depression. Do you want that? The last time CPI was down for a year was 1932. That was the worst economic downturn in modern history.

    You clearly are not educated in these matters... so I'll generously assist you. Inflation measures the rate of change of the prices of goods and services. Under Biden, prices skyrocketed as high as 9% YoY due to his profligate spending and record-breaking budget deficits. Under Trump, inflation has been reduced substantially, to at or below 3%. That is dramatic improvement... and it has kept the economy strong. The stock market continues to hit all time highs, on a strong economic outlook. Interest rates are projected to come down due to the low inflation. Unless you are a DOGE cut or an illegal immigrant, this economy is doing great things for you.


    GOOD DAY
     
  3. adoo

    adoo Member

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    traitor geroge publicizing his willful ignorance again
     
  4. ROCKSS

    ROCKSS Member

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    So.......this little snowflake doesnt like an ad so he cancels talks with Canada, what a little p***y, just like with Brazil.......king boy gets his feels all hurt and takes it out on the American People, what dimplmacy, what a great guy to make america great LOL..................he is such a victim
     
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  5. deb4rockets

    deb4rockets Member

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    Give me some examples of where grocery prices and beef prices are doing great things for me. Give me examples of where Trump made healthcare more affordable for all. Give me examples of where our electric bills have gone down, and insurance rates have gone down. Basic needs should come first, if you are talking about living in any country. It's all been about Trump and his circle of billionaires and right wing leaders and dictators abroad,. What happened to Trump promising America First instead of trying to intervene in all the other countries around the world?
     
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  6. ROCKSS

    ROCKSS Member

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    They can't give you those answers because it's not true, but they sure sell themselves that whatever tramp says is true............they`ve become numb to the lies, but boy oh boy is anyone else lies that have a major meltdown
     
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  7. El_Conquistador

    El_Conquistador King of the D&D, The Legend, #1 Ranking

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    Here's what you are not grasping. It's about purchasing power. Our economic system is set up to promote mild inflation every year. When prices drop, the economy crashes. Last example of the CPI dropping in a year was 1932 -- the peak of the great depression. Not good. So where the gains are made is not by dropping prices, but rather by increasing purchasing power. That could be through a job, through the stock market appreciating, through economic growth -- basically when your financial situation improves faster than the rate of inflation. So what is Trump doing to bring that about?

    1) Energy prices -- gasoline prices are LOW. Oil production at record highs.
    2) Bringing jobs HOME. Tariff negotiations are succeeding. Trillions in investment are pouring in to the USA. Job creation will be stimulated.
    3) Letting all classes keep more of their paycheck through tax cuts
    4) Restoring fiscal sanity -- cutting the budget deficit and addressing the main source of inflation (printing money by issuing treasuries)
    5) Securing the border and stopping the flow of illegal aliens and drugs. Stopping the flow of illegal aliens will put upward pressure on wages, especially for the working class. And it will put downward pressure on inflation, as illegals will not be competing for housing, medical services, etc.

    All of these things, in aggregate will cause Americans to be wealthier and live a more prosperous life. The goal. And less than a year in, it's working beautifully.


    GOOD DAY
     
  8. astros123

    astros123 Member
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    1. Electricity prices have skyrocketed and are projected to continue to do so as Trumps dumbass declares war with renewables
    2. Manufacturing job losses have more doubled in pace since April. We have negative job growth m/m
    3. 82% of the tax cuts went to the top 10% or almost 4 trillion dollars
    4. Budget deficit is worst this year than it was last year. Were adding new debt at the fastest pace ever recorded

    @deb4rockets the only thing these MAGATs know how to do is lie. They lie literally about EVERYTHING cuz they worship a convicted felon who has no morals just like them
     
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  9. adoo

    adoo Member

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    Amazon just sent letter to its employees informing them that it is planning to layoff 30,000 jobs, 10% of its work force
     
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  10. TheRealist137

    TheRealist137 Member

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    I congratulate Traitor Gorge on being a good troll, but realize that's what he is. His actual "arguments" are just a means to an end, It doesn't really matter if it's true or not to him, because the only purpose is to keep up his schtick of drinking Trump's koolaid and "annoying the libs"
     
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  11. deb4rockets

    deb4rockets Member

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    Yet, he donated to fund Trump's big ballroom. The billionaires are all out for themselves, doing tit for tat favors that put more money into their greedy hands. It's a small circle of folks screwing over hard working Americans.
     
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  12. Buck Turgidson

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    There was an article a month or so ago talking about 3 "below the radar" economic indicators. I can't remember the other 2, but the one that stuck out to me in a "never really thought of that" kinda way was a decline in orders for cardboard boxes.
     
  13. El_Conquistador

    El_Conquistador King of the D&D, The Legend, #1 Ranking

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    Some of the dumbest points I've ever read. Completely non-responsive. All my points stand.

    1. Gasoline prices are very low right now -- which is great news for the working class as gas represents a meaningful part of their spending. Trump has unleashed American energy by accelerating permits, cutting red tape, and reducing environmental roadblocks. Electricity prices are high in blue states because they retired coal fired generation and then AI data centers took off. Renewables are high cost.... -- which is why electricity costs are highest in blue states all across America.

    2. Trillions will be invested in American manufacturing as a result of Trump's tariff negotiations. You've lost the forest for the trees by narrowly focusing on a single month -- if your data is to be believed (you often lie). Get back to me once all the investment actually kicks in -- there will be a hiring boom in America (not in China, Vietnam, or the Philippines, like under Biden).

    3. All classes will benefit from the tax cuts -- but especially the working class with no tax on tips and no tax on overtime. Huge. But the top 1% pays like 50% of taxes, so of course they'll also benefit. It will be felt more by the working class.

    4. Trump's tax cuts and OBBB will spur record economic growth and tax receipts. You don't measure a policy weeks after it's implemented. That's just foolish.

    Another CLEAN WIN for El_Conquistador. @astros123's lies are once again exposed. Take that L, amigo!


    GOOD DAY
     
  14. astros123

    astros123 Member
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    1. Trumps war on renewables is directly responsible for raising electricity costs. Hes not pursuing an "all above" option.



    2. Nobody gives a **** about some bogus commitments. Manufacturing jobs have doubled their pace of loss since April. The job market for first time in decades is shredding jobs

    3. 80% of the benefits went to the top 10%. "No tax on tips" nd other bs only accounted for 200 billion dollars while tax cuts for rich took 4 trillion in spending

    4. Your dumbass also said the 2017 trump tax cuts would lead to additional revenue when the polar opposite happened.

    You're in a cult and extremely dumb
     
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  15. El_Conquistador

    El_Conquistador King of the D&D, The Legend, #1 Ranking

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    1. Renewables provide power at the margins... and are not considered baseload sources of supply. Renewables are high cost. The 20 year liberal crusade to eliminate fossil fuel-fired electrical generation took out hundreds of gigawatts of power -- almost exactly the amount we are projected to be short after the AI electricity demand boom. It's a clear line that can be drawn, and anyone in the industry confirms my thinking. Your thinking is grade-school level -- very unimpressive and would be laughed out of any meeting of real executives.

    2. When the construction timelines kicking for the trillions of manufacturing projects, it's obvious that manufacturing jobs will boom. Government shutdown and deportation of illegals are skewing your short-term figures... and you are narrowly focused on a single month when Trump's plan will generate gains for years, if not decades. Again, your analysis suffers from myopia and is very surface-level. Like what a low-level employee would come up with.

    3. Your argument is based on jealousy. If a working class man gets another $2000 in his pocket from Trump tax cuts, then he doesn't really care who else got tax cuts. Class warfare is so boring of an argument -- again, a shallow and thin analysis. Trump has provided STRONG tax cuts for every class -- a very good thing. Let people keep the money that they earned -- pretty simple.

    4. The 2017 Trump tax cuts led to a boom in government revenues. Exactly as predicted. COVID wiped it out temporarily -- but that was because blue state Democrats shut down their states' economies and forced us all to stay inside. Foolish moves.


    Take that L, amigo! You just can't go toe-to-toe against someone smarter, more experienced, and better smelling than you. I'm having a blast watching you lose over and over!



    GOOD DAY
     
  16. SamFisher

    SamFisher Member

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    [​IMG]

    Half cows & water in your soap bottle golden age.
     
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  17. IVFL

    IVFL Member

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    Sorry Astros123 but,

    Arguing with this guy is like playing chess with a pigeon. No matter what you do or say it will nock over all the pieces on the board, take a dump on it, and then strut around like it just won. This guy thinks he has won every interaction because he lacks the ability to self reflect enough to think, maybe I am not the smartest person on the planet.

    Good news, you get to see the Dunning Kruger effect in real-time. Bad news, its on repeat with no hope of stopping.
     
  18. El_Conquistador

    El_Conquistador King of the D&D, The Legend, #1 Ranking

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    Today we reached MORE all time highs for the stock market -- WOW. As many of you know, a company's share price should reflect the net present value of future expected earnings. And of course, the stock market valuation is the collective valuation of each listed company on an exchange. Investors are predicting RECORD EARNINGS in the future, driven by Trump's policies. Tax relief, border security, low inflation, manufacturing investment and the future job bonanza that will flow from it, cutting regulation, bringing peace to foreign lands. We are living in the GOLDEN AGE.


    GOOD DAY
     
  19. adoo

    adoo Member

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    the topic of this thread is on the rcession induced by Trump ill-conceived economic policies/moves

    the willfull Traitor George has nothing to offer, but tries to hijack the thread by changing the topic
     
  20. IVFL

    IVFL Member

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    The stock market is not the economy, especially in todays world. A perfect illustration is the fact that Microsoft and Amazon announced over 30k in layoffs and the market is not even blinking. This is the strongest indicator of this fact.
     
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