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Topic: US Economy - what do you think?? (Read 10412 times)

Re: US Economy - what do you think??

Reply #25 –
You are in a dream dear man waffling that you are outside the capitalist corner. People cannot exist without it out of dreamland.
"Quit you like men:be strong"

Re: US Economy - what do you think??

Reply #26 –
I think that the Middle Class, which includes me, are being asked to once again, for the umpteenth time since that degenerate insane bastard in the 1980’s started pushing voodoo economics, pick up the tab and pay more in taxes so Trump and his buddies don’t have to pay any damn taxes, and corporations can have their taxes cut from 39.5 % to 12.5 %.

I say piss off to the lot of them. This is what the country gets for once again electing a really bad actor/ tv personality.

Re: US Economy - what do you think??

Reply #27 –
You do have a reasonable point there. It is unfortunate for the ex-colonies corner that the middle class who fund the place are being ill treated and strained while the corporate barons get away with a hypocrisy stance. Many of the less well off may well have voted for him as they have felt out of things for so long and what a terrible indictment for the country to vote in Trump. It may well be fine in a general principle to have a non-politician for a change but for goodness sake it is head shaking to have him as a leader and also be a nuisance not only inside the country but elsewhere.

I'd suffer living in Edinburgh instead of the centre of the Universe along with a picture of the Pope. Hhhm, on second thoughts not the picture...... :o
"Quit you like men:be strong"

Re: US Economy - what do you think??

Reply #28 –
Quote from: Colonel Rebel on
I think that the Middle Class, which includes me
Once, the secretary of Cardinal Richelieu asked him why always keep on charging the middle classes.
Richelieu answer him:
- You can't charge the poor, they have nothing to pay;
- You can't charge the rich men, they're too much powerful and will revenge on you;
- Only the middle classes, with their infinite greed in getting rich, will accept forever no matter how much you charge them.

Et voilá.  :)
A matter of attitude.

Re: US Economy - what do you think??

Reply #29 –
Since Trump won, the stock market has been soaring. Yet Trump's own near and dear and very personal Truth Social Stock is still on overall tanking trend.

Can any of our bright minds explain this? Thoughts? Comments? Ideas? And what about the future? Could Trump's Truth Social merge with Elon's Twitter (less known as X)?
 

Re: US Economy - what do you think??

Reply #30 –
At the end of this little clip, Trump can be heard saying "Believe me." This by itself makes it all beyond laughable. But there are more serious reasons why it is beyond laughable.

https://www.youtube.com/watch?v=2CjcXelsum8

I happen to know the law. Literally the only way for Trump to remove Jerome Powell is to SWAT him. And that's going to be illegal. So the only way to remove Jerome Powell as the head of the Fed is for Trump to break the law.

I'm not saying Trump cannot do it. Trump breaks the law every day, egregiously. It's a piece of cake for Trump.

I also happen to know how economy works. It is tanking for several important Trump-made reasons. Again, this is no problem from Trump's point of view. A tanking economy does not prevent Trump from tanking it more.

Re: US Economy - what do you think??

Reply #31 –
The United States just lost its last perfect credit rating
Quote from: https://edition.cnn.com/2025/05/16/business/moody-us-credit
Of the three major credit rating agencies, Moody’s was the lone holdout, maintaining its outstanding rating of AAA for US debt. Moody’s held a perfect credit rating for the United States since 1917.

It now ranks US creditworthiness one notch below that, at Aa1, joining Fitch Ratings and S&P, which lowered their credit ratings for US debt in 2023 and 2011, respectively.