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re: Trump’s Economy
Posted on 12/10/25 at 9:15 am to sidewalkside
Posted on 12/10/25 at 9:15 am to sidewalkside
quote:Yet Black Friday sales went up 9% from 2024. Seems those people with the "not good" feelings are spending more this year than last. Logic dictates that the "not good" feelings folks would spend less because they believe they are worse off.
And feelings for most that are not MAGA is not good.
2
Posted on 12/10/25 at 9:16 am to Jugbow
quote:
This site has a group of people who have major tds and are delusional.
There is also a TWS group that will never under any circumstance admit anything Trump does is failing. Look at this thread several of them are here posting
Posted on 12/10/25 at 9:16 am to Bard
quote:We're going to hit $1T/yr in just interest in 2026. That's about 1/3 of all income tax revenue, just going to interest, every year, and it's never predicted to go down. Ever.
Currently annual deficits are expected to be $2T+ for as far as forecasting goes into the future. In no way is that sustainable and the longer it goes in, the worse it's going to get
But here we are passing CRs and mroe spending by the day.
Posted on 12/10/25 at 9:16 am to SoFlaGuy
quote:housing is insanely expensive in the job market as shite. Hope this helps
I’m not an economist - can someone tell me what’s so bad? Clearly, I’m missing it.
Not every American is 40+ and was able to build a career and acquire assets for 20+ years
Posted on 12/10/25 at 9:17 am to RollTide4547
quote:
Yet Black Friday sales went up 9% from 2024. Seems those people with the "not good" feelings are spending more this year than last.
This doesn't mean anything especially when one looks at the current credit card numbers for defaults, overdue balances, etc. Most Americans don't even have $1000 for an emergency
Posted on 12/10/25 at 9:17 am to RollTide4547
quote:
Yet Black Friday sales went up 9% from 2024.
Bet it was most was based on future payments (debt)
Posted on 12/10/25 at 9:20 am to Rip Torn
quote:
Whose fault is that Ron?
The people who started and continued the massive unnecessary spending from March of 2020 to current day - so Lord and Savior Trump & Biden. Ask yourself this - why hasn't Trump attempted to revert to pre covid spending levels?
Posted on 12/10/25 at 9:28 am to ronricks
quote:It doesn't? If people have "not good" feelings, then why are the spending? If they believe that their life is bad and getting worse, they'd be saving. Unless they are stupid.
This doesn't mean anything especially when one looks at the current credit card numbers for defaults, overdue balances, etc.
quote:That's a choice. A choice young people have been making since the beginnig of time. When I was in my 20's, I spent money today that I wouldn't make until March or April.
Most Americans don't even have $1000 for an emergency
Posted on 12/10/25 at 9:29 am to RogerTheShrubber
quote:That's been true since the begging of credit. If you're not stupid and you feel you are worse off today than last year and you believe it will get worse you will spend less this year than last.
Bet it was most was based on future payments (debt)
Posted on 12/10/25 at 9:31 am to RollTide4547
quote:
If people have "not good" feelings, then why are the spending? If they believe that their life is bad and getting worse, they'd be saving. Unless they are stupid.
You can't be this stupid can you? Americans won't spend money unless they have it to spend is your position? Lord have mercy.
Posted on 12/10/25 at 9:32 am to RollTide4547
quote:
That's been true since the begging of credit
thats not how I purchase holiday stuff. I doubt you do either.
There is a new paradigm, though. People have maxed out credit, so they are doing Buy Now, Pay Later.
quote:
$11.8 billion in online Black Friday sales marked a 9.1% increase from 2024, fueling debt accumulation.?
BNPL volume hit $747.5 million on Black Friday alone, up 8.9% year-over-year amid tightening credit.?
Holiday BNPL spending is projected to exceed $20 billion by year-end, an 11% rise from 2024.?
41% of BNPL users missed payments in the prior year, with high-income borrowers most prone to late fees.?
Cyber Monday BNPL usage is forecast to surpass $1 billion ($1.04 billion), up 5% year-over-year.?
Klarna reported 45% YoY growth in BNPL volume from November 1 to Black Friday 2025.
Posted on 12/10/25 at 9:32 am to RollTide4547
quote:
If you're not stupid and you feel you are worse off today than last year and you believe it will get worse you will spend less this year than last.
Nobody perpetuating this inane narrative will tell you how THEY are worse off.
It’s funny like that.
Posted on 12/10/25 at 9:34 am to Y.A. Tittle
quote:
Nobody perpetuating this inane narrative will tell you how THEY are worse off.
Food prices. They are getting worse. Food inflation is higher than historical averages.
Posted on 12/10/25 at 9:35 am to ronricks
quote:That's what you got? Only a stupid person would spend MORE (housing, food and necessities excluded) this year than last if they believe they are worse off and things are getting worse.
Americans won't spend money unless they have it to spend is your position
Posted on 12/10/25 at 9:36 am to RollTide4547
quote:
Only a stupid person would spend MORE
Exactly whats happening, and they arent using cash.
Posted on 12/10/25 at 9:37 am to ronricks
quote:
Americans won't spend money unless they have it to spend is your position?
Yeah, talk about "inane narratives."
That dude must live under a rock
This post was edited on 12/10/25 at 9:38 am
Posted on 12/10/25 at 9:38 am to RogerTheShrubber
quote:A smart person doesn't, this is true. My point is that IF I feel worse off today than last year AND I feel things are going to get worse for me and my family, I'm going to hope for the best (but plan for the worse) and spend lest for non-necessities. Most Christmas gifts are not necessities.
thats not how I purchase holiday stuff. I doubt you do either.
Posted on 12/10/25 at 9:39 am to RollTide4547
quote:
A smart person doesn't, this is true. My point is that IF I feel worse off today than last year AND I feel things are going to get worse for me and my family, I'm going to hope for the best (but plan for the worse) and spend lest for non-necessities. Most Christmas gifts are not necessities.
Youre looking at the ideal. I'm talking about the average American that MAGA overvalues so badly.
Posted on 12/10/25 at 9:39 am to RollTide4547
quote:
Only a stupid person
Are you aware of the debt, credit, and savings statistics for your average American? You can't be this dumb. Maybe 'stout' or 'Bard' will jump in this thread and educate you on how god damn dumb your premise is.
This post was edited on 12/10/25 at 9:40 am
Posted on 12/10/25 at 9:39 am to RogerTheShrubber
quote:Cash or credit, they're still spending more this year than last year when they feel/belive they are worse off and it's getting worse. Their actions of spending 9% more this year don't not support that they really "feel worse".
Exactly whats happening, and they arent using cash.
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