America's economy- failing

newtboysays...

Unemployment low.
Gdp high.
Inflation falling.
Markets rising.
Sounds good to me.

The biggest problem is the looming default on our debt that will cause at a minimum a recession, likely worse, because republicans are using their tiny bit of power to blackmail the country, and the banking issues caused by Republicans deregulating certain banks in 2018, guaranteeing a repeat of 2008.

bobknight33says...

Unemployment low. : For now
Gdp high. lowing down
Inflation falling. : Because lack of $ in pockets
Markets rising. : Nope Going sideways last few months
Sounds good to me. : Calm before the storm.


Republicans will raise the ceiling. Rep not the fault of this mess.
Covid lock downs and too much Gov $ dumped in the system too quickly

newtboysaid:

Unemployment low.
Gdp high.
Inflation falling.
Markets rising.
Sounds good to me.

The biggest problem is the looming default on our debt that will cause at a minimum a recession, likely worse, because republicans are using their tiny bit of power to blackmail the country, and the banking issues caused by Republicans deregulating certain banks in 2018, guaranteeing a repeat of 2008.

newtboyjokingly says...

OMFG!!! Gas prices are down, so people are spending less on gas, and that proves a depression is just weeks away despite all economic metrics saying otherwise. We’re doomed, start hoarding tp and run to your bank and take out every dime.

newtboysays...

Oh no….is a red hurricane coming?
We still haven’t recovered from the red tsunamis in 2020 and 2022….say it ain’t so!

Republicans have already FAILED to raise the ceiling on time and are now playing chicken with the economy while also wrestling over who gets to drive the party…and not one has any idea of where you want to go yet or even how to drive (there’s absolutely no plan for what they want, just “spending cuts” which they think is SECRET code for “end social security and Medicare”)

Republicans printed 1/4 of every dollar circulating today under Trump out of thin air…actually worse, printed money as the economy was contracting as never seen before. Make more dollars without something of value to back them/you make each dollar worth less. Simple enough for even you to grasp….that’s called inflation.

Republicans totally failed at anything related to the pandemic, public health, economic, transportation, shortages, fighting against gouging, by every measure an “F-“.
Republicans pumped money in through their unregulated PPP loans and other unregulated easily defrauded programs they then defrauded by making up fake companies, taking millions, getting repayment amnesty, and buying Lamborghinis and mansions with the cash in many cases. MTG took huge sums she didn’t repay for one, then bemoaned student debt amnesty as a giveaway.

Rep(uglicans) ARE the fault of this mess as you so elegantly put it.

bobknight33said:

Unemployment low. : For now
Gdp high. lowing down
Inflation falling. : Because lack of $ in pockets
Markets rising. : Nope Going sideways last few months
Sounds good to me. : Calm before the storm.


Republicans will raise the ceiling. Rep not the fault of this mess.
Covid lock downs and too much Gov $ dumped in the system too quickly

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