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

umm...401ks are up 70% in 4 years due to the AI bubble
It had nothing to do with Biden and his reckless spending/bribes for votes contributed to inflation
It is absurd to expect the bubble to keep going
There's a reason Buffet, Cooperman have been cashing out to record levels
It's been a whole gosh darn month and you claim to be for Joe Six Pack... he doesn't have millions in stocks and isn't impacted by the ponzi scheme
But he will be looking for opportunity

 

This will not create any work - it will cost many jobs.

 

=skirting $ collapse. He's GOOD.

 

not everyone has a 401K portfolio, not every 401K portfolio has AI exposure.

Biden signed into law the CHIP act, paving the way for advances AI research

they think that Trump 2.0 will wreck the US economy

 

I am sure a lot of American going to eat so many soya beans. We are going to have soya beans for days!!

 

how about a politician tell the people in these ghost towns the truth - the world has moved on and that they are f-cked. Manufacturing left and most is gonna get automated. What’s the answer? Get unf-cked - educate, move, anything but stay where you are. Government should help them do that.

Trumps idiotic tariff wars and policies will deliver nothing for those people. Just like the Foxconn facility was never built in his first term. Mexico didn’t build or pay for the wall. It is all nonsense and lies to people clinging to false hope based on lies and promises that will never be kept.

as far as I can tell, only Andrew Yang told the truth when it comes to manufacturing and the plight of people in ghost towns.

 

Yeah going to love to see the price of gas going up price of materials going up. Lumber etc, steel, etc. construction in general. Fun times a head.

 

Losers make excuses. Winners deliver results. The bubble didn’t burst spontaneously. Trumps fat ass sat on it.

I’ve only ever cared about the fact that it has become harder and harder for people to improve their lives.

I came from nothing, paid my own way through college and law school, and I made mine. It was harder than it should have been because certain segments of society either don’t care or want it all for themselves. But I made mind and would rather the path be more fair for those who come after me who are hard working and just want a fair shot.

And it’s been two months. Tick tock, MAGA is on the clock. Deliver results or admit to being a failure.

If no results because of **** process, you’ll hear about it.

if you want to complain it’s only been two months, ok, then put down a marker. Six months? A year, three years? Never?

 

I wish I could like this post more than once.

 

buy less stuff of higher quality. we could all use less junk.

the democrat strategy of slave labor so cheap stuff! was not only hypocritical, but didn't create upward mobility and trapped millions with false hopes

when you have an actual system, there's a form of accountability and a logical series of steps people in the bottom 50% can take to improve their lives

so 300k illegals a month or make manufacturing a little more expensive? I'll go with B

On the other hand, the republicans have weaseled their way out of fair share tax paying thanks to democrat policies scaring the crap out of the middle .. you can't sidestep the fact the rich need to pay their fair share, which only dems would side with in senate, but people think clearer when they aren't in a constant state of desperation

 

It could also have been due to lower intelligence. Demanding systemic results in 6 weeks is peak delusion. Again, the stock market bubble is not affecting Joe 6 pack. And we're still very much in it.



Tariffs will create more domestic activity and manufacturing jobs. I support that.

I support paying more for goods as I'm in the top 50%.

You appear to view yourself as a Jach nicholson few good men character, but maybe others just see you as a weirdo . My time frame for impact would be June 2026.

 

So your plan is to make everything more expensive for everyone and call it a win? Tariffs don’t stop offshoring—corporations just move production elsewhere. Meanwhile, you’re stuck paying more for the same crap.

Blaming immigrants is just lazy. The industries that rely on them already have worker shortages. Kick them out, and prices go up even more while businesses struggle. Brilliant move.

You know tariffs raise prices, but you’re still acting like this is a victory? The rich aren’t the ones struggling with higher grocery bills. They’re laughing while you defend the people screwing you over

 

And this is where you lose all credibility, you have no idea what you are talking about.

 

Lower intelligence. That’s laughable. I took honors classes you dumb ass. Now I’m trapped in a group project with idiots like you that made D’s in algebra and earth science, never made it to calculus or physics, but now you guys want to be vocal about **** because that’s the MAGA way. Lower intelligence Puhlease. Top 15 law school with honors. Big Law. Litigated 9 figure cases. Managed domestic litigation for a Fortune 10 company. Whatever objective or subjective measure of intelligence you’d like to roll out, go for it.

[Edit: I now realize that I may have talked over your head with this. Allow me to simplify. I am almost certainly smarter than you by academic standards (SAT, LSAT, GPA in high school, college or law school) or professional standards (“Big Law” is law parlance for the largest and most prestigious law firms in the country and they only hire the top law students from the top law schools because, well, we are exceptionally smart, hard working and motivated.)

You are wasting your time. Don’t front about intelligence. You show your ass in here every day - “Tariffs will create more domestic activity and manufacturing jobs”. Laughable.

Nobody gives a crap as to whether you support paying more for goods. You’re MAGA. I hope you pay triple. I’m sure all the “domestic activity” will help when prices skyrocket for normal people.

June 2026 - talk about no balls. What’s even funnier is you think delivering no results for 18 months is good. But then again, you made alt account in a basketball fan site just to run your mouth in D and D.

 

the opposite is true.

tariffs amount to additional sales tax that end users have to pay. Higher prices lower demand, which decreases the economic pie

don’t project you willful ignorance

 

i agree that trump supporters are of lower intelligence. they actually believed him when he said the following...

“Starting on day one, we will end inflation and make America affordable again, to bring down the prices of all goods.”


“Starting the day I take the oath of office, I will rapidly drive prices down and we will make America affordable again. We’re going to make it affordable again.”

trumps previous tariffs killed manufacturing jobs. it also caused the taxpayer to have to bail out farmers who were hurt by trumps tariffs to the tune of $28 billion dollars.

trump promised to bring prices down on day one. people were complaining about inflation and prices under biden and now you say you support paying more. i guess now that trump is president again we dont care about inflation and the cost of eggs? that was perhaps the main issue that trump campaigned and won on. and now you say you support paying more for goods?

trump said the following...

“Starting the day I take the oath of office, I will rapidly drive prices down and we will make America affordable again. We’re going to make it affordable again.”

“We’re going to get your energy prices down. We’re going to get your energy prices down by 50%.”

“Under my administration, we will be slashing energy and electricity prices by half within 12 months, at a maximum 18 months”

“Prices will come down. You just watch: They’ll come down, and they’ll come down fast, not only with insurance, with everything.”

 

Its quite stupid that Trump supporters claim to vote for trump bc he promised "to bring down the price of eggs" and everything is so expensive under biden. Now we have this dumba$$ on here doing mental gymnastics to support Trump being fine paying more for goods bc hes the top 50%. Im quite sure there are many Trump supporters in the US saying similar stupid sht.

Trump supporters would rather double down on the stupidest sht rather than admit they got duped.


Trump saying: have fun is the evilest sht. Tariffs are gonna make everything more expensive for us, for funzies

 

Tariffs are a short-term measure that fail to address the deeper causes of wage stagnation, job insecurity, and declining upward mobility - issues primarily driven by automation, weakened labor protections, skill mismatches, and shifts in global production. While tariffs may temporarily bring jobs back to various sectors, including manufacturing, agriculture, retail, and basic services, these positions are often low-wage and low-skill. The real need in today’s job market is not just more jobs, but higher-paying jobs that promote upward mobility and career advancement. Jobs in assembly lines, retail, or basic service roles, which tariffs may revive, are unlikely to foster long-term economic growth or address the broader need for better wages and career prospects. Additionally, there are still significant job openings in sectors like healthcare, tech, and skilled trades, indicating that skill mismatches or labor shortages are a core issues at play.

Rather than offering sustainable solutions, tariffs raise costs, reduce consumer spending, and weaken business competitiveness. This often leads to job losses, especially when tariffs provoke retaliatory trade measures from other countries.

History shows that tariffs often backfire. The Smoot-Hawley Tariff Act of 1930 triggered a global trade war, severely reduced trade volumes, and deepened the Great Depression. Although the U.S. began reversing protectionist policies in the mid-1930s, free trade didn’t become a central economic strategy until the 1940s - by which time much of the damage had already been done. A more effective, long-term approach to economic growth would involve investing in workers through education and healthcare, modernizing infrastructure, and fostering innovation.

Tariffs should be used strategically to defend areas critical to national security or to safeguard emerging technologies that give us a competitive edge. However, once those areas are well-established, tariffs should be phased out in favor of allowing market forces to drive innovation. A blanket tariff on everything is outdated (since 1930!) and will likely cause far more harm than benefit in the long term.

The stock market is closely tied to the broader economy, though it does not always reflect real-world conditions for working-class Americans. However, major crashes often signal or contribute to economic downturns that do impact jobs, wages, and consumer confidence. The 2008 financial crisis, the 1929 crash leading to the Great Depression, and the COVID-19 crash all resulted in job losses that disproportionately hurt lower and middle-income workers. While the dot-com bubble was more limited in scope, it still contributed to job losses and economic uncertainty. Historically, it is the working class that bears the brunt of these downturns, as they are more vulnerable to layoffs, wage cuts, and reduced economic mobility.

 

you have to admit that bragging about being in the top 50% is an alpha-male power move!

 

wait a sec...the republican policy of the last 45 years of trickle down economics and tax cuts for the wealthiest americans is the democrats fault???

are you really saying that?