Asking
Only logged in members can reply and interact with the post.
Join SimilarWorlds for FREE »

It will be worse than a recession!!!!! ("Sh*t, that ain't true . . .")



Photo above - Gotcha! More than a dozen democrat senators caught on social media reading identical scripts, on the same day. Does anyone really believe this is how economic progress will be made?

(Full disclosure: I did not vote for Trump. Or Biden. I wrote in for former UN ambassador/governor Nikki Haley in November 2024).

The nonstop hyperbolic claims that Trump is ruining America economically are probably only ratcheting up sympathy among his supporters. In the past week or so, I've read that:

1 - The social security system will collapse. Or at least March and April benefit payments won’t arrive on time. Due to federal layoffs.

2 - Everyone will pay $3,000 more per year due to foreign tariffs. The fine print is never disclosed – only if we continue to buy brand new foreign cars. Wait . . . weren’t car prices already soaring astronomically anyway? The average new car was $50,000 in 2024.

3 - The deficit could get out of control, and ruin us. “Could”?? It’s $36 trillion already! Thank you, all 3 of the last presidential administrations.

4 - Deadly epidemics (because of federal spending cuts) are going to result in a near-mass extinction event. Measles down in Texas is the poster child for this. Except that America has been lackadaisical about childhood vaccinations for decades, and we’ve also been welcoming record numbers of unvaccinated migrants.

5 - The stock market is going to crash. Look it did it again yesterday! And one day last week, too! Disregard that the indexes recently hit new highs and were up and down several times over the past month. A recession is sure to happen! Because of tariffs. Worldwide recession. Worse than recession! See link below. (Full disclosure – this writer has been predicting for years that the stock market will have a correction due to excessive federal debt).

There was an amazing graphic on several cable news outlets last night showing more than a dozen democrat senators posting on social media – reading identical anti Trump scripts. IDENTICAL. See 2nd link below. The talking points appear to be egg prices and inflation, so we know whoever wrote this script is completely oblivious to years of inaction by the previous administration on bird flu. They weren’t even able to make the connection between bird flu and higher milk prices.

If democrats want to return to power – the White House, a senate majority, a House of Representatives majority, they will need something better than reading a moronic script prepared by some paid consultant. This is the very definition of a political failure, and a lack of new ideas. Come on guys, bring your "A" game!

I’m just sayin’ . . .

Warning US economy could be headed toward outcome worse than a recession

Videos showing dozens of Democratic senators reading same anti-Trump script go viral
Top | New | Old
Avectoijesuismoi · 31-35
Some of it may or may not happen but it is being used a political rhetoric hype one side rubbishing the other.
What the DEMS probably don't like is that currently they have little or no political power to block or disrupt the plans which is precisely what the one has been doing to the other if for no other reason just to make the other side look ineffective or useless at trying to do something that would be positive to at least try to make change to improve things.
It is sadly why governments like the Saudi Arabian one achieve getting things done MBS says we are going to do this and the ministers get on with it and deliver the result and also why they get on with doing their actual jobs. Dubai is another example it went from nothing and a place that most probably would not even have known where it even was to what it is today and in a very small time frame.

People are going to say nut that is rich country yes it had some money, but equally the US is or should be a very rich country. Just imagine what the person who is head of the UAE could achieve with the US resources simply by making people do their jobs I bet it would not be 36 trillion in debt though.
Avectoijesuismoi · 31-35
@SusanInFlorida No I actually can't name one. The ideal would be a democratically elected one that has a good competent leader that can make the others carry out their jobs.
Ideally most countries almost need a board of Directors that are professionals in all the relevant things like health, education etc that can systematically go through a sort out the mess that politicians have caused.
I am very much of the opinion that you don't need and excessively large management structure 1) you need competent management , 2) you need the people on the ground doing the work, but equally they need to be competent and motivated then they should be decently rewarded.
SusanInFlorida · 31-35, F
@Avectoijesuismoi authoritarian leaders (kings, dictators, premiers, general-issimo's, warlords) can "make others do their jobs". A democratically elected head of state has less maneuvering room, because they can't throw people out of hotel windows, down their aircraft with surface to air missiles, or throw them in jail and make them disappear entirely..

In democracies, the most immediate/effective thing a president or prime minister can do is to dismiss a direct report.

This is where the free press steps in. Let THEM debate whether the dismissal was warranted or not. The president should not attempt to muzzle that debate.
Avectoijesuismoi · 31-35
@SusanInFlorida The only good thing I can see with a democratically elected government at the moment is every X amount of years you get to change the face you have get to look at on TV that is sprouting a load of nonsense it may be different nonsense from his predecessor but it is still nonsense.
The big Problem the world over is the quality and calibre of what is available as a choice to actually elect
whowasthatmaskedman · 70-79, M
There is a lot to unpack in your post.. Some of these things you suggest will indeed happen. A couple will surely happen "If this goes on.". And others will still happen further down the track as a reaction to the economic fallout of earlier moves..
But the one thing that is absolutely certain as a result of Trump this time out, is the America will no longer be the one to choose which path it is on in a good way. No matter which course it takes now, the reaction of other nations will determine Americas fate..😷
SusanInFlorida · 31-35, F
@whowasthatmaskedman thank you for your reply.

the world is more interconnected than it usually seems to us on a casual basis.

1 - people hate amazon, and hate china, but amazon has made trillions selling cheap chinese knockoffs.

2 - taco bell and the chinese all you can eat buffet at the strip mall are among america's foremost dining options

3 - in a recent study, HALF of all twitter accounts were determined to be state sponsored trolls providing election disinfo and amplifying religious/ethnic tensions. See link belowl

https://seclab.bu.edu/people/gianluca/papers/trolls-cybersafety2019.pdf
swirlie · F
Only 1 week after Trump 2.0 took Office, Warren Buffet publicly announced that he was selling 'some' Apple stock to raise capital to purchase other stocks that he saw investment potential in, not a lot, just a few.

Turns out, Warren Buffet actually sold 98% of his total stock holdings in Apple, though he wasn't advising others to do the same thing among his investment club members around the world whom he mentors in smart stock trading...

Then as it turns out, Warren doesn't actually say where that money was re-invested because it actually wasn't re-invested at all as it turns out!

Instead what happened last Monday, Warren Buffet completely sold 100% of two very specific tech stock picks that he had previously strongly advised his investment club members to buy, buy, buy, neither of which were connected with Apple in any way!

This piece of mine isn't about pointing the finger at any potential wrong-doing by Warren Buffet, but it is about Warren Buffet knowing what the true score is in the financial markets at all times as evidenced by the fact that he is literally cashing-out his stock holdings completely and well-ahead of the wave of desperate stock investors who will be trying to do the same thing when this new recession you speak of rears it's ugly head very soon up the road.

I'm no Warren Buffet and I'm even less of a @whowasthatmaskedman, but knowing what I know about what I've researched about Warren Buffet and knowing what I've researched about Donald J. Trump and his history of failed attempts at running a successful business since I was a teenager in high school, I have been 'suggesting' to everyone I know since Trump's re-Election to sell ALL investments they have in the US Stock Markets and sell all Real Estate holdings they have as vacation properties anywhere in the USA, asap.
swirlie · F
@SusanInFlorida
In that case, Buffet sold what remaining Apple shares he owned back in late January of 2025 because it made the news as he tried to downplay his latest selloff of Apple.
SusanInFlorida · 31-35, F
@swirlie buffet sold the vast majority of his apple shares in early 2024. (see link below)

evidently he read the pre-release reviers who theorized that the iPhone 16 was not goign to be a significant upgrade over the 15, and people should delay . . .

https://www.forbes.com/sites/petercohan/2024/08/03/why-warren-buffett-dumped-56-of-berkshires-apple-stock/
swirlie · F
@SusanInFlorida
...that's what I said... but he just sold his remaining shares in Apple just one week after Trump took Office.
wildbill83 · 41-45, M
I wrote in for former UN ambassador/governor Nikki Haley in November 2024


so much for credibility... 🤔

dale74 · M
I guess someone had an original thought it just wasn't any of them
SusanInFlorida · 31-35, F
@dale74 the worst original thoughts are . . .

1 - provided by a paid political consultant, and

2 - are wrong on the facts
dale74 · M
@SusanInFlorida I definitely agree it was not a good thought but it was an original thought. And I haven't heard Democrats be right on facts in a long time most Republicans aren't either at least not if they're lifetime politicians.
Khenpal1 · M
Just look at food prices during summer 🥳
SusanInFlorida · 31-35, F
@Khenpal1 i look at them every day.

but i was at Whole Foods (the expensive amazon grocery store) on Sunday. They had an astonishing number of items on deep discount. (more than 20%). Almost to the point they were the same as a typical supermarket.

and there were no long lines at the checkout. evidently consumers are, indeed, rebelling against higher grocery prices.

subway has brought back the $5 foot long. But only on "a limited time basis". and only for the unpopular ingredients. But it allows them to advertise, and lure customers in to buy something edible.
AuRevoir · 36-40, M
It makes me wonder why democrat voters feel comfortable voting for puppets who can’t think for themselves???
whowasthatmaskedman · 70-79, M
@AuRevoir I agree. Overall I think Americans have proven themselves unfit for self rule at this time. Neither the elected officials, nor the voters can cut it..😷
SusanInFlorida · 31-35, F
@whowasthatmaskedman independence was achieved, and the constitution was drafted, when less half the nation was literate.

rural people probably didn't see a newspaper even once a month. no tv, radio, or podcasts.

i suspect we're better informed today. perhaps "over informed" if people spend all their free time online bashing other's political views.
whowasthatmaskedman · 70-79, M
@SusanInFlorida I accept all your facts. However; a couple you left out. First, only male property owners were qualified to vote.. Thay throws the literacy percentages way up among voters..Second, the idea of disinformation was in its infancy and its effects on voers was minimal. Today it is faster to spread a convenient lie. like DOGE "savings", rather than the truth, which has to be discovered before it can be made public.
We can argue back and forth over right or wrong politically. Frankly I dont care. Because neither side has a leg to stand on economically. America is living beyond its means and sooner or later that will have to stop and Americans will have to get by on at least a couple of $ Trillion a year less in imports, even if they default on the debt. And thats going to mean another major depression similar to the 1930s.. And the alternatives are worse..😷

 
Post Comment