The Economy

[MajorRewrite]

More bad news for Democrats:

https://twitter.com/x/status/1929673161500774650

This is a thread about the economy, not polls.

 

[Rightguide]

This is a thread about the economy, not polls.

Suffer in silence.

 

[MajorRewrite]

Suffer in silence.

How’s the Russian economy, Comrade?

 

[MajorRewrite]

BREAKING: Oil prices now down 7%

Stop embarrassing yourself. You’re damaging the reputation of all the other mentally disabled people out there.

 

[Rightguide]

How’s the Russian economy, Comrade?

I don't know. How's the Chinese economy?

 

[MajorRewrite]

I don't know. How's the Chinese economy?

Poor Comrade RightGuide is embarrassed because he posted his poll comment in the wrong thread.

 

[Rightguide]

Poor Comrade RightGuide is embarrassed because he posted his poll comment in the wrong thread.

I did it on purpose, and I'm not in the least bit embarrassed. The Proctalgia Fugax you've contracted after being humbled by Trump's popularity and economic numbers is noteworthy. Perhaps you can still find some local block ice to sit on.

 

[MajorRewrite]

I did it on purpose, and I'm not in the least bit embarrassed. The Proctalgia Fugax you've contracted after being humbled by Trump's popularity and economic numbers is noteworthy. Perhaps you can still find some local block ice to sit on.

Poor Comrade RightGuide spews gibberish to cover his brain fart.

 

[Lazaran]

When that imbecile (Rightard) dies, the collective IQ of Idaho will rise dramatically…to 65…

 

[1984X2024]

https://twitter.com/x/status/1937504523167367232

 

[ll74]

https://twitter.com/x/status/1937504523167367232

Still up for the month.

 

[ll74]

New all-time closing high for the Nasdaq 100

It took us almost 7 months to get back to the level we were at before 47 fucked the markets.

 

[MajorRewrite]

New all-time closing high for the Nasdaq 100

Dear mentally disabled 86TintaNoitx2024,

Please stop embarrassing yourself by making moronic comments in this thread. Thank you for your attention to this matter.

 

[ChloeTzang]

The Olympics and the Football World Championship are going to be pretty funny without tourists.

Let's see if interna US tourism will fill all the seats......

 

[ADIDAS00]

QQQ hits ATH

It’s so nice seeing this market climb the wall or worry. We’re not anywhere close to euphoria yet. We’ve got a ways to go. Buckle up!!

 

[JohnEngelman]

I’ve been posting economic news in the “Thanks Biden” thread, but I think it’s time for a new dedicated thread.

Let’s begin with today’s good economic news:

US economic growth increased last quarter to a healthy 2.8% annual rate



Good news indeed.

The economy is cyclical so an eventual downturn is inevitable, but it’s not here yet.

I’m sure all Americans will be pleased by the continued strength of the economy.

Beginning with the Reagan administration Republicans have masked the decline in the U.S. economy with deficit spending. Even then most Americans have experienced stagnant or declining incomes, adjusted for inflation.

 

[MajorRewrite]

The inventory of unsold new homes on the market has climbed to 9.8 months of supply, which is the kind of inventory that has preceded real estate crashes in the past.

Here’s the graph.

 

[Lazaran]

The inventory of unsold new homes on the market has climbed to 9.8 months of supply, which is the kind of inventory that has preceded real estate crashes in the past.

Here’s the graph.

How people do not see all the badness that is coming due to DonOld’s insane policies is beyond me.



The passage of DonOld’s deficit exploding “One Butt Ugly Bill” and the tax cuts & deregulations it contains - which the wealthy and corporations are counting on (and the social safety net cuts, of course) - will only delay the inevitable collapse of the U.S. economy AND society.





We. Told. Them. So.

 

[Politruk]

what social safety net cuts

please tell us

The One Big Beautiful Bill Act, also referred to as OBBBA, OBBB, BBB or OB3,[1] is a proposed budget reconciliation bill in the 119th United States Congress. OBBBA passed the House of Representatives on May 22, 2025, in a largely party-line vote of 215–214–1.[2][3]

The House-passed OBBBA would extend the major provisions of the 2017 Tax Cuts and Jobs Act, which are set to expire at the end of 2025. It would reduce non-military government spending and would significantly cut spending on the Supplemental Nutrition Assistance Program (SNAP) and Medicaid through stricter eligibility requirements. It would also allocate an additional $150 billion for defense spending; scale back many of the Inflation Reduction Act's clean-energy tax credits; extend the state and local tax (SALT) deduction cap, which is also scheduled to expire in 2025; and increase the SALT deduction cap from $10,000 to $40,000.[4][5][6][7][8][9]

The Congressional Budget Office (CBO) has estimated that OBBBA would add $2.4 trillion to the national debt of the United States by 2034 and would cause 10.9 million Americans to lose health insurance coverage.[10][11][12][13][14][15] The CBO later raised the estimated increase in the budget deficit to $2.8 trillion.[16] It contains a number of other provisions, including a ten-year limitation on state AI legislation.[17]

Following the House passage of OBBBA, the bill moved to the Senate for consideration. Senate Majority Leader John Thune has set a goal of passing the Senate's version of OBBBA by July 4, 2025.[18]

 

[Lazaran]

From the Washington Post:

Shelly Tan
June 25, 2025 at 6:00 a.m. EDTToday at 6:00 a.m. EDT

“President Donald Trump and Republicans in Congress are on the cusp of passing legislation to make permanent trillions of dollars of tax cuts enacted in 2017.

Besides extending those tax cuts, which disproportionately benefit high earners, the measure also would reduce spending on safety net programs, which benefit low-income households.

All told, the measure would mark a significant shift in federal benefits from low-income to high-income households, according to the nonpartisan Congressional Budget Office and other independent analyses.”





We. Told. Them. So.

 

[heathrowinneo]

How people do not see all the badness that is coming due to DonOld’s insane policies is beyond me.



The passage of DonOld’s deficit exploding “One Butt Ugly Bill” and the tax cuts & deregulations it contains - which the wealthy and corporations are counting on (and the social safety net cuts, of course) - will only delay the inevitable collapse of the U.S. economy AND society.





We. Told. Them. So.

Those that fail to understand are getting their heads filled with crap from fox, breitbart, more rw gibberish. It's kind of like following waters path, it takes the path of least resistance. They were warned but chose to ignore.

 

[ChloeTzang]

When people say that humanoid robots have use cases that people don’t even realize, this is what they mean....

https://twitter.com/x/status/1937689886854971472

 

[MajorRewrite]

TWO MONTHS AGO, THE ENTIRE WORLD WAS ENDING


TODAY, WE ARE 0.3% AWAY (SPY) FROM ATH LEVEL

The mentally disabled person is still pretending that zero growth in the stock market over a five month period is “winning”.

Please stop embarrassing yourself, mentally disabled person.

 

[MajorRewrite]

US economy shrank 0.5% between January and March, worse than 2 earlier estimates had revealed

Trump’s tariff fetish caused all kinds of noise in the GDP data, but I’m sharing this news anyway because I like to upset mentally disabled 86TintaNoitx2024.

 

[Bray123]

GDP growth down from 1.7 to 1.4 (was rising under Biden)
Higher unemployment
Higher interest rates

Yes, the MAGAts can be proud of the economy under the genius man-baby.