Is Trumps policies causing a recession?
- Thread starter bunsen82
- Start date
I’m not your personal googler. If you want to know bad enough I’m sure you can look it up.
I’m not making any claims. Just give me your top 3 things and I will look up the numbers myself.
It’s actually not adding up fast. A month into what are demonstrably fraudulent claims by Musk of waste and abuse will not add up to anything significant over 4 years of this term
The $50 billion figure is slightly lower than the $55 billion in savings DOGE claims to have found so far. However, a report from Bloomberg News Wednesday (Feb. 19) notes that while DOGE says it has saved $55 billion, its website accounts for just $16.6 billion.
Bloomberg report
Even this article which downplays the savings still says 8+ billion in savings… 8 billion feels like a lot.
His real estate is worth like eleventy billion dollars so he's got that going for him.
Meanwhile Musk is getting $8 million a day in contracts from the government, with more on the way, and is getting unprecedented access to the information of his competitors.
It's all a grift.
Again who is better for the job? We’ve already established there’s a lot of bad spending going on, who do you trust to root it out and flush it?
Grammar, it’s a pet peeve. Though it’s not as bad as saying a defense was dominate, when it’s ****ing dominant.
No one is in a better position than to offer a few billion of his own fortune to pay our debt. That would actually make a difference.
Clarinda - its a common tactic by individuals who know they don't have a solid argument to deviate to grammar.
My pet peeve is a president causing a recession or possibly a depression through policy.
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Not Musk. Pretty clear his agenda is for him. He is allowing a 200 million marketing campaign - why isn't that shut off. He hasn't cut off the contracts with his company? I wonder why. He is far from impartial and what he did at X is not a good example, he effectively destroyed a company from its potential. If burning through billions of dollars and destroying a company makes you qualified . . . . on the other hand Trump is the president.
KF I am actually ok with severely cutting back the budget, but the best place to do that is defense. Next places is Medicare and Social Security (of which those will get you and your party fired for the next decade).
There’s plenty of room for cutting waste, but you’re right cutting a dime from the military is basically political suicide, so that budget isn’t ever going down no matter who is in office.
I learned this a decade ago when the party of no raising taxes did a 180 when Governor Branstad added a gas tax. “That’s a necessary tax.” Republican voters have been duped and full of crap for a long time now.
If we have another month like his first month, it will be inevitable and unlike all previous recessions, completely 100 percent made by massive incompetence of a president and surrounding henchmen at levels never seen before, so horrible that it honestly is starting to seem intentional.
Most amazingly, the economy was poised to have a great year his first year. Most economists had predicted it would do better under him than Harris due to optimism and thoughts of deregulation. I know the powers that be heading my billion dollar company did. Not anymore. All that optimism has been immediately destroyed and almost every business, including mine, is suffering revenue pause/loss due to the massive scale of of ****ing with the entire workings of the federal government. The stock market will eventually really crash, the housing market will follow due to interest rates likely going up, unemployment will dramatically start rising…it is going to be worse than 2008-2009 unless the American people quickly rise up and make it clear to the feckless GOP ****s controlling the house and senate and the GOP corrupt Supreme Court that they need to serve as checks ASAP. Sadly, no way they will in time.
When all heck breaks loose, the GOP will not be able to walk away and blame it on democrats. Things are quickly becoming obvious as to what is going on and about 75 percent of the country will turn on them, deservedly so. Then the real specter of Trump / MAGA trying to cancel the 26 election will for sure happen because they don’t believe in decency and rule of law and for sure will try to stop it if they are going to be destroyed.
Most amazingly, the economy was poised to have a great year his first year. Most economists had predicted it would do better under him than Harris due to optimism and thoughts of deregulation. I know the powers that be heading my billion dollar company did. Not anymore. All that optimism has been immediately destroyed and almost every business, including mine, is suffering revenue pause/loss due to the massive scale of of ****ing with the entire workings of the federal government. The stock market will eventually really crash, the housing market will follow due to interest rates likely going up, unemployment will dramatically start rising…it is going to be worse than 2008-2009 unless the American people quickly rise up and make it clear to the feckless GOP ****s controlling the house and senate and the GOP corrupt Supreme Court that they need to serve as checks ASAP. Sadly, no way they will in time.
When all heck breaks loose, the GOP will not be able to walk away and blame it on democrats. Things are quickly becoming obvious as to what is going on and about 75 percent of the country will turn on them, deservedly so. Then the real specter of Trump / MAGA trying to cancel the 26 election will for sure happen because they don’t believe in decency and rule of law and for sure will try to stop it if they are going to be destroyed.
Watching the dems move to "it isnt enough money to matter" is like watching every broke ass person make an excuse for why this shouldn't be the thing they actually need to exercise restraint on.
I don't care if it saves us 4 bucks, find it.
Around one tenth of one percent of the federal budget is what I heard they have announced in cuts to date, although the accuracy of the numbers appears questionable at best. Lots of headlines for one tenth of one percent, but then that's what this administration is about to a great extent. Headlines.
So, you’re saying the odds of you having an adverse side effect from the Covid vaccine is greater than the percentage of waste DOGE is eliminating… but DOGE is a bigger concern for you at present? Do I have that right?
Even if it costs $10 to do so.
You've never been accused of being a deep thinker.
Lol - because you will believe anything Musk tells you doesn't make it so.
And thanks for proving my point once again.
I’m willing to give the team more time to do their job before saying it’s not working or can’t work. We have decades of waste and fraud and stupidity to sift through, and right now the savings might not be worth the effort. If that doesn’t change drastically, quickly then for lack of a better term, we need to cut our losses and attack this from a different way.
That's a hell of a back peddle.
They were my words Riley, "I don't care if"...
It's unfortunate you have lived your life of a beta constantly trying to pick nits out of people's shit, you wasted a good opportunity.
Who determines when to "cut the losses"? The same people who are claiming unobserved savings?
This is the gullibility that leads to future damage.
"back peddle" - hilarious.
Pointing out that you are a gullible rube is backpedaling? LOL
You don't care because you're too foolish to do any examination beyond the headlines you read.
The American people. That’s why we have midterm elections, if the people are fed up enough, they will make their voices peacefully and patriotically heard at the ballot box.
The doge project is a 2 year project.
NO Riley, going from "it's going to cost more than what we save" as you implied, only to have you ass handed to you, was the back pedal.
Maybe. But only if the rubes are willing to admit their mistakes. I find that doubtful.
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