The Economy

[Lazaran]

Both were Democrats.

BabyBoobs’ “refuttal” to the truth about Joe Manchin & Kyrsten Sinema being faux Democrats (ESPECIALLY when it comes to economic / tax policy) is “NUH-UHHHH”.

Related:

Joe Manchin & Kyrsten Sinema are no longer members of the Democratic Party.



BabyBoobs



We. Told. Them. So.

 

[BabyBoomer50s]

BabyBoobs’ “refuttal” to the truth about Joe Manchin & Kyrsten Sinema being faux Democrats (ESPECIALLY when it comes to economic / tax policy) is “NUH-UHHHH”.

Related:

Joe Manchin & Kyrsten Sinema are no longer members of the Democratic Party.



BabyBoobs



We. Told. Them. So.

They were both Democrats. Deal with it.

 

[Rebel5soul]

They were both Democrats. Deal with it.

Faux democrats? The new wave dems are doing so well. LMAO

 

[Lazaran]

They were both Democrats. Deal with it.

BabyBoobs OBVIOUSLY missed the part of truth &!reality class where they taught the lesson about actions speaking louder than words (or labels).



See also: "Christians"…



BabyBoobs



We. Told. Them. So.

 

[ishtat]

I would have to admit that I am. I thought he'd do a lot to boost the economy, but all this random tariff nonsense and destroying out relationships with major trading partners and allies was not at all on my radar. t's literally crazy and it's going to destroy American unless it's reined in.

The fundamental problem is the destruction of Trust. Trump unilaterally wiped out 20 trade agreements with major partners. They have been slow to engage with the US in negotiation because what is the point? Trump is just as likely to walk away from any new agreement so for most countries there is no point talking to him or his people.

 

[ChloeTzang]

The fundamental problem is the destruction of Trust. Trump unilaterally wiped out 20 trade agreements with major partners. They have been slow to engage with the US in negotiation because what is the point? Trump is just as likely to walk away from any new agreement so for most countries there is no point talking to him or his people.

Exactly. Last time he was in he renegotiated with Canada and Mexico, signed agreements, etc etc etc and he just walked in, ripped them up and abitrarily said here you go, these are the tariffs - and he completely does not understand trade deficits either, and on tiop of that he just lies and makes things up. And on top of that he still seems to think other countries rather than American pay those tariffs. It's terrifyimg that he's making these decisions based on a seeming fantasy state of affairs that exists only in his own mind, and his enabkers just nod along like dummies.

To a certain extent some smallercountries have to humor him, bit others don't.

He's realy in the process of destroying the American economy, destroying oour tarding and security relations with other countries and destabilizing the world econmy, as well as encouragung everyine to dumo the US dollar as the world's reserve currency - and THAT will increase our debt costs. Inflations going to rise, that wll push up the cost of our debt, which is unsustainable, and treasury Bonds are going to be sold off.

He's going to destroy the GOP as a Party and make them unelectable at a Federal level for years.....and THAT is going to hurt us even more. It's insane.

Ans really, all he had to do with downsize the Feds, and deport illegals, and do away with some of the regulations that inhibit business while positioning the GOP as a pro worker and small business party.

He's in the process of fucking that up big time. Come 2026 mid-terms he's going to be a lame duck.

 

[ChloeTzang]

After months undermining Ukraine, Trump Admin Tries to Win Back Europe’s Canceled Arms Deals​

Trump may not understand that he's severely damaged the US defence industry but Rubio does......it's way to late to walk back the damage that Trump has done tho. The USA has clearly defined itself as an unreliable partner - in fact, not as a partner at all

In a new op-ed published in USA Today, Secretary of State Marco Rubio praises the Trump administration’s NATO strategy as a “historic” success, touting a sweeping agreement under which alliance members will raise defense spending to 5% of GDP. But behind the celebratory tone lies a clear undertone of concern: America’s dominance in the global arms market is slipping and Trump’s Ukraine policy is largely to blame. Rubio calls on allies to open their defense contracts to U.S. firms, arguing that American manufacturers are uniquely positioned to meet NATO’s growing needs. “The United States is the only country in the world with the companies fully capable of adequately supplying Europe’s defense needs,” he writes.

What he doesn’t say is why so many "allies" are choosing not to.

Since returning to office, President Trump has actively undermined military support for Ukraine. The administration halted intelligence sharing that allowed Ukrainian forces to target Russian positions with U.S.-made HIMARS, delayed critical arms deliveries, and repeatedly cast doubt on Kyiv’s war aims. For many NATO governments, these actions didn’t just damage the war effort — they called into question whether U.S.-made weapons could be relied on in a real conflict. That political unreliability is now being factored into procurement decisions.

In the past six months, countries including France, Germany, South Korea, and Italy have seen an uptick in defense exports to NATO partners. Poland has ordered artillery systems from South Korea. Lithuania is negotiating drone deliveries with France. Even traditionally U.S.-aligned governments, like Finland’s, are diversifying away from American suppliers. “There’s a real fear now that the U.S. will turn off support mid-fight,” said a senior European defense official who requested anonymity to speak candidly. “Trump already did it to Ukraine. No one wants to be next.”

The issue is not just technical — it’s political. Many of the systems at the heart of NATO’s warfighting capacity, including long-range missile platforms and air defense networks, require not just hardware, but continuous U.S. cooperation for updates, targeting, and operational integration. That cooperation now feels conditional. Rubio’s op-ed frames the 5% spending pledge secured at the June NATO Summit in The Hague as a landmark achievement and a validation of Trump’s years-long campaign to push allies to spend more. But the real story is how those billions will be spent — and on whom.

Rubio insists the U.S. is best positioned to meet alliance needs. But after months of watching Washington deliberately undercut Ukraine, many allies are not prepared to let their security depend on the political whims of a U.S. president openly skeptical of NATO unity. Rubio may be right that NATO is spending more than ever. But his op-ed reveals something else: America is asking for trust again — after having spent the better part of a year proving it can’t be counted on.

So sad, too bad. Rubio's pissing in the wind here. The US defence industry has already lost billions in sales and will continue to do so. Nobody should be surprised. This is part of America's demise as THE word's superpower. China won by a default.

https://kyivinsider.com/after-month...ries-to-win-back-europes-canceled-arms-deals/

 

[BabyBoomer50s]

After months undermining Ukraine, Trump Admin Tries to Win Back Europe’s Canceled Arms Deals​

Trump may not understand that he's severely damaged the US defence industry but Rubio does......it's way to late to walk back the damage that Trump has done tho. The USA has clearly defined itself as an unreliable partner - in fact, not as a partner at all

In a new op-ed published in USA Today, Secretary of State Marco Rubio praises the Trump administration’s NATO strategy as a “historic” success, touting a sweeping agreement under which alliance members will raise defense spending to 5% of GDP. But behind the celebratory tone lies a clear undertone of concern: America’s dominance in the global arms market is slipping and Trump’s Ukraine policy is largely to blame. Rubio calls on allies to open their defense contracts to U.S. firms, arguing that American manufacturers are uniquely positioned to meet NATO’s growing needs. “The United States is the only country in the world with the companies fully capable of adequately supplying Europe’s defense needs,” he writes.

What he doesn’t say is why so many "allies" are choosing not to.

Since returning to office, President Trump has actively undermined military support for Ukraine. The administration halted intelligence sharing that allowed Ukrainian forces to target Russian positions with U.S.-made HIMARS, delayed critical arms deliveries, and repeatedly cast doubt on Kyiv’s war aims. For many NATO governments, these actions didn’t just damage the war effort — they called into question whether U.S.-made weapons could be relied on in a real conflict. That political unreliability is now being factored into procurement decisions.

In the past six months, countries including France, Germany, South Korea, and Italy have seen an uptick in defense exports to NATO partners. Poland has ordered artillery systems from South Korea. Lithuania is negotiating drone deliveries with France. Even traditionally U.S.-aligned governments, like Finland’s, are diversifying away from American suppliers. “There’s a real fear now that the U.S. will turn off support mid-fight,” said a senior European defense official who requested anonymity to speak candidly. “Trump already did it to Ukraine. No one wants to be next.”

The issue is not just technical — it’s political. Many of the systems at the heart of NATO’s warfighting capacity, including long-range missile platforms and air defense networks, require not just hardware, but continuous U.S. cooperation for updates, targeting, and operational integration. That cooperation now feels conditional. Rubio’s op-ed frames the 5% spending pledge secured at the June NATO Summit in The Hague as a landmark achievement and a validation of Trump’s years-long campaign to push allies to spend more. But the real story is how those billions will be spent — and on whom.

Rubio insists the U.S. is best positioned to meet alliance needs. But after months of watching Washington deliberately undercut Ukraine, many allies are not prepared to let their security depend on the political whims of a U.S. president openly skeptical of NATO unity. Rubio may be right that NATO is spending more than ever. But his op-ed reveals something else: America is asking for trust again — after having spent the better part of a year proving it can’t be counted on.

So sad, too bad. Rubio's pissing in the wind here. The US defence industry has already lost billions in sales and will continue to do so. Nobody should be surprised. This is part of America's demise as THE word's superpower. China won by a default.

https://kyivinsider.com/after-month...ries-to-win-back-europes-canceled-arms-deals/

Major US defense companies like Lockheed Martin and Northrop are thriving.

 

[ChloeTzang]

Major US defense companies like Lockheed Martin and Northrop are thriving.

For now - they have a big backlog of orders. But if that backlog shrinks......

 

[BabyBoomer50s]

For now - they have a big backlog of orders. But if that backlog shrinks......

Global demand. Not just Europe.

 

[MajorRewrite]

Unemployment Insurance Continued Claims are rising, but initial claims aren’t. Weird.

 

[Lazaran]

Unemployment Insurance Continued Claims are rising, but initial claims aren’t. Weird.

View attachment 2552796

Anyone that isn’t skeptical about the numbers coming out of this corrupt administration is being willfully ignorant. But then, willful ignorance is the common MAGAts’ permanent state of being (bliss), so…

 

[PersonalFavors]

Anyone that isn’t skeptical about the numbers coming out of this corrupt administration is being willfully ignorant. But then, willful ignorance is the common MAGAts’ permanent state of being (bliss), so…

I do not know anyone that wants to work and does not have a job.
I do know some people that got laid off. Microsoft just cleared a second set of thousands of employees. Change is afoot. As they release they are hiring just as many.

By the way, you are not willful.



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Just purely ignorant.


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Just in case


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No one has told you so lately.

 

[MajorRewrite]

I do not know anyone that wants to work and does not have a job.
I do know some people that got laid off. Microsoft just cleared a second set of thousands of employees. Change is afoot. As they release they are hiring just as many.

By the way, you are not willful.



.


Just purely ignorant.


.


Just in case


.


No one has told you so lately.

Have you ever considered contributing actual facts or data to the discussion? Bluster really has no value in an economics thread.

 

[PersonalFavors]

Have you ever considered contributing actual facts or data to the discussion? Bluster really has no value in an economics thread.

That is all you Lazeran and a few others do and without facts. You spew made up liberal talking points used to avoid discussing issues.
I got tired of being called names that better fit the accuser.

 

[MajorRewrite]

That is all you Lazeran and a few others do and without facts. You spew made up liberal talking points used to avoid discussing issues.
I got tired of being called names that better fit the accuser.

This thread is full of facts about the economy that I posted. Real data from government sources.

And before you pretend “the government lies”, I’ve posted data from the Trump administration too. Are they lying?

Anyway, I know you’re not going to start posting facts or data. You’re one of the people who like to rant with no supporting evidence.

 

[PersonalFavors]

This thread is full of facts about the economy that I posted. Real data from government sources.

And before you pretend “the government lies”, I’ve posted data from the Trump administration too. Are they lying?

Anyway, I know you’re not going to start posting facts or data. You’re one of the people who like to rant with no supporting evidence.

you sound like a paid troll too.

 

[Buffalogurl]

Jeff Bezo ceo of Amazon into the last two weeks has dump near 800 million dollars worth of his own personal stock in Amazon.........
Also keep an eye on the bond market the feds just set up auctions for , get this a 4 week t bills and an 8 week t bills... wtf?
Germany will collapse first then Japan, approximately 2 weeks later the United States financial institutions will crash...just say'in...oh and one more item ask around about Japan's weapons grade plutonium they/them have stock piled....

 

[Pad_Foot]

Yes ! I’m so waiting in my check from George Soros! He has yet to pay me for my “No King’s Protest”

Yup ! We all well paid just like members of SCrOTUS..,, but let’s not worry about that bullshit. The Founsinf Fathers loves the idea of buying politicians that they used an impossibly difficult word to define it. Emolument? What???

And…. “Abuse of Power” is the same as “Maladministration” oh wait that was a paid.. unelected lawyer who invented that piece of crap!!

 

[Rotadom]

"Why are the major cuts not going to hit until after midterms?"

https://www.facebook.com/video.php?v=4185382818375658

 

[MajorRewrite]

Inflation rising.

The latest data from the Bureau of Labor Statistics showed that the Consumer Price Index (CPI) increased 2.7% on an annual basis in June, an uptick from May's 2.4% gain, driven by a reversal in falling gas prices. Economists had expected headline inflation to come in at 2.6%.

On a monthly basis, prices rose 0.3% compared to May's 0.1% uptick, matching economists' estimates.

On a "core" basis, which excludes volatile food and energy costs, CPI rose 2.9% over the past year in June, ahead of May's 2.8%. Monthly core prices increased 0.2%, also ahead of the prior month's 0.1% gain.

Trump has been pretending that inflation is zero. How is he going to justify criticizing the Fed now that inflation has increased two months in a row?

 

[MajorRewrite]

Speaking of inflation, it’s lower in Canada than in the US.

Canada's annual inflation rate rose to 1.9% in June, meeting analysts' expectations, as increases in the price of automobiles and clothing and footwear pushed the index higher, data showed on Tuesday.

The consumer price index was at 1.7% in the prior month.

 

[PersonalFavors]

Inflation rising.

The latest data from the Bureau of Labor Statistics showed that the Consumer Price Index (CPI) increased 2.7% on an annual basis in June, an uptick from May's 2.4% gain, driven by a reversal in falling gas prices. Economists had expected headline inflation to come in at 2.6%.

On a monthly basis, prices rose 0.3% compared to May's 0.1% uptick, matching economists' estimates.

On a "core" basis, which excludes volatile food and energy costs, CPI rose 2.9% over the past year in June, ahead of May's 2.8%. Monthly core prices increased 0.2%, also ahead of the prior month's 0.1% gain.

Wonder what caused the increases? I haven't seen prices rise or fall. They have not changed since May when beef prices seemed to artificially inflate. I also see most of the produce I enjoy is still "product of Mexico" and those prices came down.

 

[MajorRewrite]

Wonder what caused the increases? I haven't seen prices rise or fall. They have not changed since May when beef prices seemed to artificially inflate. I also see most of the produce I enjoy is still "product of Mexico" and those prices came down.

Home energy and housing prices are driving inflation.

 

[PersonalFavors]

View attachment 2553556

Home energy and housing prices are driving inflation.

Nice. Now do one 6 months.