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

The sad part is that his tariffs and policies are going to hurt the poor, sick, and vulnerable more than anyone else, and it's not just in America, it's around the globe. Prices increasing with tariffs, and cuts of our government services, research, and aid being cut down or simply obliterated.

In America thousands and thousands of government workers are being fired and it's being cheered by the administration. Those who need help most are having government services taken away, and struggling to get help from agencies without enough personnel to meet the demands. How can anyone cheer on our government cutting aid to those struggling to survive? For those who want the bibles in schools and Ten Commandments on the classroom walls please tell me what church preaches that mindset of cheering on taking from the poor. I know many don't believe in my mindset, but I believe that a great leader, and a great country takes care of their sick, poor, and most vulnerable, and lifts them up out of dire straights.

We already have people living pay day to pay day who can't even afford health insurance, or mental healthcare. We have plenty who can't afford a home or a car. We have those who can't afford the rising costs of home insurance or flood insurance living in hurricane and flood prone states. Those prices will go up. Whether people believe in climate change or not, disasters are intensifying. Car insurance will go up, and you will be screwed with liability alone trying to replace or repair a vehicle after a wreck or flood.

You think home repairs, car repairs, and stuff like that won't go up after tariffs? Think again, and God help us all this tornado, drought, and hurricane season and the next, and next.

 

I am apathetic toward all this because I do try to buy American if possible as a preference and I want US workers have to good paying jobs and for a long time in my youth I saw American industry be gutted by offshoring but I also have grown to realize that open trade is ultimately a good thing and I’d rather US workers be on the high paying, capital intensive side of the finished goods (building airplane engines) equation than the low paying, low value portion (mining the ores to make the engines), but I am also wholly enjoying the about face from Republicans on free trade.

Autarky is here.

 

I don’t think this will be beneficial for the US in either the short term or the long term despite being sold as being good for the American worker.

 

BUY STOCKS

Then look at it in 3 years. If you have to look at it daily and sweat it out (@SamFisher), then maybe you shouldn’t be in the market.


GOOD DAY

 

There is a lot of hypocrisy in the whole tariff, buy American mantra, coming from the top.

I am full onboard buying American and building our manufacturing. What I'm not fully onboard with is a President and his circle of billionaires avoiding paying taxes with loopholes, stashing money into banks abroad, having shell companies to hide corruption or money funneling, funneling money into crypto, and making bribes legal.

Yet, they want to gut our agencies, cut aid, and raise our costs with tariffs, while firing thousands of Americans to pay for even more tax breaks.

It all reeks, and that is putting it mildly.

 

I just moved a few million from high growth stocks (mix of heavy industry and the mag 7) into global stocks and bonds yesterday. I am bracing for impact over the next several years.

The big brains at Bloomberg gave this as the doomsday scenario for the US stock market.
Nikkei crashed in 1990 and took decades to fully recover.

 

Oil prices down.
Interest rates down.
Investment coming to American factories.
American lower class job opportunities rising as illegal immigrants return home.
Real wage growth (wages rising in excess of inflation) rises with these moves.

These benefit the American worker (and probably most of you) a lot more than the stock market. Keep that in mind.

 

LOL hey dipshit why don't you tell us why oil prices are down? The markets are predicting a massive recession which will cause demand to cater.

The MAGATs are now telling us that a recession and collapsing stock market is good for everyone. Its just insane how they think everyone is as braindead as they are

 

On the plus side, a major dip in foreign trade is great for the environment! Between that and getting MAGA to buy Teslas Trump is unintentionally doing a lot to forward the green movement! lol.

 

Unemployment is already low. There aren’t workers to do these jobs. Gen Alpha has 40 million fewer people than the retiring boomers, so the workers aren’t coming. Even if we mandated everyone have 3 or 4 kids today, it still takes 25 years to see an effect in the labor force.

 

if only you'd walk the talk

 

Yeah - the Originalist doctrine also no longer applies to the Republican party in 2025 either. This administration, and those in power that have and are supporting it, have gone out of their way to gut the Constitution. This isn't a classic split anymore - Republicans are a very different party than a decade ago and as soon as the Democrats get their act together, they will be different as well.

 

If her is running on two cylinders, then the entire democratic party leadership needs to be dragged into the square in DC and tarred and feathered because a 78-year-old man running on two cylinders has them by the nose.

 

LOL President Buzzkill

 

Every single incumbent party has lost their election since covid. Doesn't matter how small or big the country they have all been voted out of office. People hate inflation and we had the worst inflation in 40 years and trump only won by 275k votes and democrats won seats in the House.

I don't know why you pretend Trump is some juggernaut. If you look at the special election results Republicans lost about 15 points in average compared to 2024.

Republicans are going to get wiped out during the midterms

 

Why am I acting like Trump is a juggernaut? Because he was a disaster during COVID, his supporters breeched the Capitol.... and four years later he and his minions have control of social media, have added minority support and young voters... he has control of the Courts, he has the House and Senate... and he has so far been able to do just about anything he wants.

Yes - the fall out of COVID has resulted in a lot of instability, but that doesn't change the fact that right now Donald Trump is the most powerful US President since FDR. It may not last long, I don't know but he IS a juggernaut as of 4/03/25, and some of that is the inability of the Democrats to be in touch with the American people.

 

Uhh.... Trump tried firing Probationary workers and the courts stopped him. Trump tried shutting down USAID and the courts stopped him. Trump tried reversing birthright citizenship and has been stopped. Trump tried firing independent members of the NLRB and the courts stopped him. Trump has had setback after setback due to the courts stopping him.

Trump has has to pair back his legislative agenda cuz he doesn't have the numbers to pass it. He's passed no meaningful legislation which is the only that lasts forever.

EOs don't mean crap long term. They get reversed by the next POTUS. The only thing that matters is legislation and he's passed nothing so far.