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No one wants to say it, but we needed a recession
Posted on 4/6/25 at 6:45 am
Posted on 4/6/25 at 6:45 am
Inflation has been completely out of control, even going back to the end of Trump's first term. Yet it wasn't really affecting spending habits.
Just on a personal, more local level. I know too many people going into debt to go on vacations or to remodel their homes, etc. On a national level l, our debt is unsustainable. Something has to give, and we were due for it.
It sucks in a way, because it may have some short term political ramifications. But if we are willing to stay the course, I think we are better off.
Just on a personal, more local level. I know too many people going into debt to go on vacations or to remodel their homes, etc. On a national level l, our debt is unsustainable. Something has to give, and we were due for it.
It sucks in a way, because it may have some short term political ramifications. But if we are willing to stay the course, I think we are better off.
32
Posted on 4/6/25 at 6:55 am to burger bearcat
Congratulations on making the most retarded and trumpiest post of all time.
This post was edited on 4/6/25 at 6:56 am
Posted on 4/6/25 at 6:56 am to burger bearcat
quote:
No one wants to say it, but we needed a recession
Didn’t we have one under Potato head. The mainstream media wouldn’t recognize it or report it. Basically Trump inherited an economy in recession.
Posted on 4/6/25 at 6:56 am to SneezyBeltranIsHere
What part does your tds infected brain disagree with?
Posted on 4/6/25 at 6:58 am to burger bearcat
it's like in the bible, the egyptians saved from the good times and had enough when the bad times hit. we are going into a recession flat out busted broke. more people last year used food banks than ever before. instead of a joseph, we had a biden the last 4 years and they stole the country blind.
This post was edited on 4/6/25 at 7:01 am
Posted on 4/6/25 at 7:01 am to burger bearcat
So what happens when you have a recession, yet the U.S. Treasury continues to inflate the money supply? This will fix nothing. We need GDP growth (and a lot of it) just to pace our debt serving obligation.
The reality is that DoD and entitlement spending reform is what is truly needed, not a recession. And no one in Washington will do anything about these including Trump.
But y’all keep thinking these tariffs will do some good.
The reality is that DoD and entitlement spending reform is what is truly needed, not a recession. And no one in Washington will do anything about these including Trump.
But y’all keep thinking these tariffs will do some good.
Posted on 4/6/25 at 7:02 am to OMWsux
If we have a recession, we will get stimuluses backed by nothing but debt.
This has been proven over the past 20 years.
This has been proven over the past 20 years.
Posted on 4/6/25 at 7:03 am to burger bearcat
Yes we had a "natural" recession on the horizon, but this was self-inflicted attacks on our currently unstable status.
As I said last night
As I said last night
quote:
As you said, we have to refi over a period of months, correct? We will have to force this crash for a period of time.
Note, we already had a "natural" recession coming. We are doubling down on that, and if the plan is really the "refi" plan, we have to crush the economy over a long period of time.
quote:
The question now is how much these self-inflicted wounds will amplify the pain of this impending economic turmoil.
This has snowball effects, due to the "natural" recession and issues we had boiling (CRE, consumer credit, housing market teetering). We had a recession up on deck (one that I argue we needed), and we just threw petrol over our economy specifically to hurt it.
If they frick this plan up, we're not ending the recession/depression by pulling back on this tariff policy. That's the concern.
This post was edited on 4/6/25 at 7:06 am
Posted on 4/6/25 at 7:04 am to SDVTiger
quote:
What part does your tds infected brain disagree with?
The part where it was stated that we need a recession. That’s like saying we needed COVID to cull overpopulation.
Posted on 4/6/25 at 7:04 am to OMWsux
quote:
We need GDP growth (and a lot of it) just to pace our debt serving obligation.
Not really possible, at this point.
That could have maybe worked the day Trump first took office in 2017, but not today.
Posted on 4/6/25 at 7:04 am to burger bearcat
quote:
But if we are willing to stay the course
At the first hint of a recession, stimulus checks will come flying off the printer.
Posted on 4/6/25 at 7:05 am to OMWsux
quote:
The reality is that DoD and entitlement spending reform is what is truly needed, not a recession. And no one in Washington will do anything about these including Trump.
But y’all keep thinking these tariffs will do some good.
I agree spending has to come down. I personally would be happy with 90%+ of federal government being cut. I realize that isn't going to be reality any time soon. Hopefully this economic environment creates a catalyst for change, especially with the recent DOGE reveals. More so with the electorate than the current elected.
Posted on 4/6/25 at 7:06 am to CollegeFBRules
quote:
The part where it was stated that we need a recession
How else are rates going to drop to refi the 9tril in commerical debt needed to refi
Some of you are really stupid and of course you all voted for Kamala
Posted on 4/6/25 at 7:09 am to burger bearcat
you understand that going into debt to remodel your home and going into debt to go on vacation are very different things right?
we added 228k jobs last month the stock market is not the economy, it's called dollar cost averaging and you'll be fine.
we added 228k jobs last month the stock market is not the economy, it's called dollar cost averaging and you'll be fine.
Posted on 4/6/25 at 7:13 am to SDVTiger
quote:
How else are rates going to drop to refi the 9tril in commerical debt needed to refi
Where was this promise and policy goal during the campaign?
Posted on 4/6/25 at 7:15 am to SlowFlowPro
13D chess man
Posted on 4/6/25 at 7:17 am to SDVTiger
quote:
How else are rates going to drop to refi the 9tril in commerical debt needed to refi
So recession is the only cure your tiny brain can conceive? If this is ALL you can think of to solve fiscal problems in this country, the stupidity doesn’t reside with those of us calling these tariffs and the “need for a recession” asinine.
Posted on 4/6/25 at 7:18 am to SDVTiger
quote:
How else are rates going to drop to refi the 9tril in commerical debt needed to refi
Sounds like government bail-out to me.
Posted on 4/6/25 at 7:18 am to canyon
I mean even now, while I understand the strategy, that is clearly NOT the message going out. So there are like, 4 goals of this "reciprocal" tariff chaos
1. Bring manufacturing back
2. Create "Zero tariff" or "fair trade" conditions
3. Increase revenue
4. Kill the economy intentionally to refi treasury debt
Remember, if you never define your actual goals and give a laundry list of options, you can never be wrong
1. Bring manufacturing back
2. Create "Zero tariff" or "fair trade" conditions
3. Increase revenue
4. Kill the economy intentionally to refi treasury debt
Remember, if you never define your actual goals and give a laundry list of options, you can never be wrong
Posted on 4/6/25 at 7:18 am to burger bearcat
We have been in one for over a year if you looked at facts and not the media, stagflation would actually be a closer relationship with what was going on. Inflation going up for 3-1/2 years while depressed growth. We have a still over valued stock market to boot as 20 plus years of near free money from the government being taken from banking institutions that fueled inflation, a massive debt and a bubble almost the size of the moon. Housing, vehicle and credit markets are all delinquent plus a unsustainable national debt and without real job creation you could argue that we are on a path that’s fraught with outcomes that we haven’t ever seen before
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