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re: Is The Economy really bad?
Posted on 8/24/25 at 8:10 pm to northshorebamaman
Posted on 8/24/25 at 8:10 pm to northshorebamaman
quote:
My point was that what is considered disposable income in the first place seems to have shifted.
I grew up in what was probably an upper-middle class family, but just slightly over the middle. We didn't eat out much at all. Nobody I knew really did. I guess the modern family is more of a product of 2 working parents and fewer people knowing how to cook.
2
Posted on 8/24/25 at 8:12 pm to fallguy_1978
I'll say this as a non Trump fan. Our economy would be a whole lot worse under Kamala Harris.
That's my opinion obviously but I think I'll be proven right.
That's my opinion obviously but I think I'll be proven right.
Posted on 8/24/25 at 8:14 pm to VABuckeye
quote:
Restaurant reservations in DC are down since Trump took action. Down 30%. But he claims the restaurants are overflowing. Hmmm.
You’re pretty far left, so I doubt your statistics. I do hope that it’s at least in part, if true, by some of the government cuts that you guys freaked out over.
Posted on 8/24/25 at 8:14 pm to fallguy_1978
I don’t know. I’m not struggling per se, but after my mortgage/insurance, living expenses and putting as much as I can into my 401k, I feel like I’m just existing. Good thing is I will pay my home off in 6 years or so. No Starbucks, etc for me, I make my own coffee at home and take lunch to work. I see $12.00 plus for fast food and say nope. When I get my home paid off, then I’ll consider a nice vacay.
Posted on 8/24/25 at 8:15 pm to SlowFlowPro
quote:
You think the inflation we felt starting in 2021 was started by Biden?
You are right. We don’t know who was actually acting as President with Biden, but very bad inflation did occur under Biden’s presidency.
Also, where exactly did I even say who or what started the inflation. As you even quoted me as saying I said the inflation was bad under Biden, but you responded by straw manning what I said. Point that confused emoji at yourself for being such a fraud counselor.
My full quote.
quote:
You must have been one of those people sharing the inflation graph while ignorantly not realizing that it showed how bad inflation was under Biden.
This post was edited on 8/24/25 at 8:17 pm
Posted on 8/24/25 at 8:16 pm to TT9
quote:
I'll say this as a non Trump fan. Our economy would be a whole lot worse under Kamala Harris.
That's my opinion obviously but I think I'll be proven right
I'm not a leftist or a Dem by any means, but also not a big Trump supporter. I do agree with him on some things, and getting rid of the 3rd world people who aren't here legally is one of them. If it makes some things more expensive so be it.
Posted on 8/24/25 at 8:18 pm to fallguy_1978
quote:you're spot on, if we didn't have those people here, think of how good it could be right now if we weren't pumping billions into them.
getting rid of the 3rd world people who aren't here legally is one of them. If it makes some things more expensive so be it.
And Harris was gonna do nothing about it. Thus my opinion.
Posted on 8/24/25 at 8:21 pm to TT9
Damn I just upvoted a TT9 post 
Posted on 8/24/25 at 8:22 pm to Sun God
Eh, I don't deserve an upvote but what I said isn't a lie.
Posted on 8/24/25 at 8:27 pm to fallguy_1978
quote:
vehicles
A lot of vehicles are cheaper today than they were 20 years ago, in real terms.
Posted on 8/24/25 at 8:27 pm to fallguy_1978
quote:same
I grew up in what was probably an upper-middle class family, but just slightly over the middle. We didn't eat out much at all. Nobody I knew really did.
quote:I knew a lot of kids our age like me, whose parents did know how to cook, but due to both parents working grew up on Swanson, fish sticks, and pot pies 5 nights a week and never really learned to cook themselves because of that. So they probably weren't able to teach their kids (today's young parents) how to because of it.
I guess the modern family is more of a product of 2 working parents and fewer people knowing how to cook.
Posted on 8/24/25 at 8:29 pm to greenbean
Prolonged downturn in chemical manufacturing globally
Posted on 8/24/25 at 8:33 pm to TT9
quote:
you're spot on, if we didn't have those people here, think of how good it could be right now if we weren't pumping billions into them.
Illegal immigration has artificially suppressed wages for Americans. The "they do jobs Americans won't" crowd isn't accurate. There are plenty of people that would frame houses if it paid well.
Posted on 8/24/25 at 8:35 pm to northshorebamaman
quote:
I knew a lot of kids our age like me, whose parents did know how to cook, but due to both parents working grew up on Swanson, fish sticks, and pot pies 5 nights a week and never really learned to cook themselves because of that. So they probably weren't able to teach their kids (today's young parents) how to because of it.
My mom didn't work when I was a kid, and cooked most of our meals, she just wasn't very good at it
Sorry mom. Love you.
Posted on 8/24/25 at 8:36 pm to fallguy_1978
quote:absolutely.
Illegal immigration has artificially suppressed wages for Americans. The "they do jobs Americans won't" crowd isn't accurate. There are plenty of people that would frame houses if it paid well.
View in: Mobile
Posted on 8/24/25 at 8:40 pm to JohnnyKilroy
quote:
A lot of vehicles are cheaper today than they were 20 years ago, in real terms.
Definitely not trucks and popular SUVs. I paid $31,900 for my truck in 2017. I know because I just got my registration renewal. That truck is about 50k now.
Posted on 8/24/25 at 8:42 pm to greenbean
quote:
I keep reading how bad the economy is and that people are struggling. I'm not seeing that anywhere. Even in broke arse central MS, every restaurant is full, stores are full, parking lots are full, houses, restaurants and retail spaces are being built like crazy. Not many foreclosed houses around me either. When I travel, I find the same, folks out spending money everywhere. The stock market remains strong.
Many restaurant prices have crazily increased (but you can still find reasonable prices), but I haven't noticed crazy prices at the grocery store.
When will see this in our everyday lives? Restaurants going under, people staying home and eating at home and not wasting money at Starbucks, 7 Brew, etc.?
The real problem isn't at the local level, it's the federal level. Here's a quick example:
For 2024, nominal GDP growth was $1.8T
For 2024, US federal deficit spending was $1.833T.
This means, essentially, that economic growth is solely dependent on the federal government continuing to create ever more debt. Of the five fiscal years since COVID (FY2020-FY2024), three have had deficits larger than GDP growth and one was nearly equal (2022 being the outlier, or, only "good" year). The last time it was anything like that was the Great Recession (and the years following, til about 2013).
What this all seems to indicate that the economy has become addicted to the federal debt continuing to grow at an astonishing rate. This sets up a scenario of being damned if you do and damned if you don't. If the federal government cuts deficit spending, the economy suffers. If the federal government continues high deficit spending, eventually the USD collapses under the weight of the debt.
Posted on 8/24/25 at 8:45 pm to fallguy_1978
quote:Completely opposite. Mine went to culinary school in France and then completely shifted gears into selling advertising. So she could cook but she was never home to do it.
My mom didn't work when I was a kid, and cooked most of our meals, she just wasn't very good at it
I had a strong interest in it for as long as I remember, so, to her credit, she did spend lots of time on the weekends passing on her skills to me and my brother (my sister didn't care and still eats cereal for dinner at 38).
Posted on 8/24/25 at 8:49 pm to JohnnyKilroy
quote:
A lot of vehicles are cheaper today than they were 20 years ago, in real terms.
What is a lot? What percentage of each type? What trim levels?
Posted on 8/24/25 at 8:50 pm to greenbean
Holy shite! Grocery is sky high!
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