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Meanwhile, back at the economy we're staring at multiple profoundly frightening threats to our economic security

Shrink726

Shrink726

The tolerant left? I'm the intolerant left.
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Inflation is heating up rapidly. Latest monthly increase is 4.4%, over double the Fed's target 2% rate.

Jobs are effectively, non-existent with not enough job openings for those looking for work.

Consumer confidence (the backbone of our economy) is falling like a rock.

The Fed now finds itself in an untenable lose-lose position. Cut rates and you supercharge inflation. Sit tight or raise rates and you slow hiring, cap-ex spending and the economy in general.

Maggot has created an economic climate that is screwed ten ways from Sunday and people are catching on.

We are headed for a very serious economic reckoning and I don't think it's going to be very pretty.
 
Shrink726 said:
Inflation is heating up rapidly. Latest monthly increase is 4.4%, over double the Fed's target 2% rate.
Click to expand...
This isn't the Biden administration. You should toss whatever source that gave you that number in the trash.

CONSUMER PRICE INDEX - AUGUST 2025​
​
The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.4 percent on a seasonally adjusted basis in​
August, after rising 0.2 percent in July, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months,​
the all items index increased 2.9 percent before seasonal adjustment.​
​
 
Shrink726 said:
Inflation is heating up rapidly. Latest monthly increase is 4.4%, over double the Fed's target 2% rate.
Click to expand...

Did Chicken Little tell you that?

Shrink726 said:
Jobs are effectively, non-existent with not enough job openings for those looking for work.

Consumer confidence (the backbone of our economy) is falling like a rock.

The Fed now finds itself in an untenable lose-lose position. Cut rates and you supercharge inflation. Sit tight or raise rates and you slow hiring, cap-ex spending and the economy in general.

Maggot has created an economic climate that is screwed ten ways from Sunday and people are catching on.

We are headed for a very serious economic reckoning and I don't think it's going to be very pretty.
Click to expand...
 
Shrink726 said:
"The consumer price index posted a seasonally adjusted 0.4% increase for the month, the biggest gain since January,"
Click to expand...

That quote (with no source) differs from your OP:

Inflation is heating up rapidly. Latest monthly increase is 4.4%, over double the Fed's target 2% rate.
Click to expand...
 
Last edited:
Shrink726 said:
"The consumer price index posted a seasonally adjusted 0.4% increase for the month, the biggest gain since January,"
Click to expand...
Sorry, STILL not that big of a deal. Here are the numbers...from the link I already provided.

1757763694883.webp

Now, if you want to see what alarming numbers look like, check out the numbers for 2021.

1757763921365.webp

cpiinflationcalculator.com

2021 CPI and Inflation Rate for the United States - CPI Inflation Calculator (2024 Updated Monthly)

This table shows the monthly All-Items Consumer Price Index (CPI-U) as well as the annual and monthly inflation rates for the United States in 2021. You can find upcoming CPI release dates on our schedule page. These numbers are released by the Bureau of Labor Statistics. *The latest CPI will be...
cpiinflationcalculator.com cpiinflationcalculator.com

During that year, the sky was INDEED falling.

For comparison, this is what 2025 looks like so far...

1757764327121.webp
 
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ttwtt78640 said:
Yep.





The annual (12 month) increase isn’t calculated that way (except by you).
Click to expand...
[/QUOTE]
That 2.9 is retrospectively. If the monthly rate continues at 0.4% it most certainly will be an annual rate of 4.8%.
 
Shrink726 said:
Inflation is heating up rapidly. Latest monthly increase is 4.4%, over double the Fed's target 2% rate.

Jobs are effectively, non-existent with not enough job openings for those looking for work.

Consumer confidence (the backbone of our economy) is falling like a rock.

The Fed now finds itself in an untenable lose-lose position. Cut rates and you supercharge inflation. Sit tight or raise rates and you slow hiring, cap-ex spending and the economy in general.

Maggot has created an economic climate that is screwed ten ways from Sunday and people are catching on.

We are headed for a very serious economic reckoning and I don't think it's going to be very pretty.
Click to expand...
Are you concerned things might get as bad as they did under Biden?
 
NatMorton said:
No, that was not the point of my question. Care to try again?
Click to expand...
Have no fear. The economic landscape under Maggot will make Biden's economy look like Utopia.
 
Shrink726 said:
Have no fear. The economic landscape under Maggot will make Biden's economy look like Utopia.
Click to expand...
I too worry about Trump's handling of the economy as his tariff scheme is, IMO, foolish. But the data we've seen thus far isn't nearly as alarming as the reality we faced under Biden. You really should develop some perspective.
 
Shrink726 said:
Inflation is heating up rapidly. Latest monthly increase is 4.4%, over double the Fed's target 2% rate.

Jobs are effectively, non-existent with not enough job openings for those looking for work.

Consumer confidence (the backbone of our economy) is falling like a rock.

The Fed now finds itself in an untenable lose-lose position. Cut rates and you supercharge inflation. Sit tight or raise rates and you slow hiring, cap-ex spending and the economy in general.

Maggot has created an economic climate that is screwed ten ways from Sunday and people are catching on.

We are headed for a very serious economic reckoning and I don't think it's going to be very pretty.
Click to expand...
How to wreck a sound economy in 8 months:

Trumpstagflation.
 
Peacenik said:
Trumpstagflation.
Click to expand...
Yup. There are simply no good options here. What's necessary is for Maggot to stop indescriminately throwing undocumented aliens out of the country and stop all these self-destructive tariffs, admitting he was wrong and misguided on both counts. That's the only way out of this mess and it'll never happen so the economic mess he's created is going to get exponentially worse with Maggot reflexively whining "but it's not my fault" as our economy circles the drain.

Even his supporters will catch on but it'll be too late. It ain't gonna be pretty.
 
I don't worry about inflation because in absolute terms it's currently low, not ideal but still sustainable at these levels.
I don't worry about jobs because current job losses reflects the low-productive workers who shouldn't have been hired in the first place. These include all of Biden's DEI hires and fake remote workers that don't even exist. Matter of fact, firing them increases productivity.
I don't worry about consumer confidence because it's mostly just whining. If you look at revenue growth at consumer goods companies the economy still looks healthy. The biggest joke is the 'labor shortage' caused by getting rid of all the illegals. 100% political BS. Sorry about the folks that actually started to believe their own lies.
I don't worry about trade/tariffs. The biggest 'sky is falling' and 'much to do about nothing' ever! America has all the consumers, in the end America will benefit and our nasty trade deficit will finally be addressed.
I don't even worry about the dollar because the nature of currencies is that they fluctuate and a weaker dollar actually has many benefits.
I don't worry about the deficit because we finally have a president who has the political will to actually address it.

What I do worry about are possible assets bubbles such as AI & Crypto, even gold. These bubbles when popped have a way of destabilizing the whole economy taking the stock market down with it.
 
Shrink726 said:
Inflation is heating up rapidly. Latest monthly increase is 4.4%, over double the Fed's target 2% rate.

Jobs are effectively, non-existent with not enough job openings for those looking for work.

Consumer confidence (the backbone of our economy) is falling like a rock.

The Fed now finds itself in an untenable lose-lose position. Cut rates and you supercharge inflation. Sit tight or raise rates and you slow hiring, cap-ex spending and the economy in general.

Maggot has created an economic climate that is screwed ten ways from Sunday and people are catching on.

We are headed for a very serious economic reckoning and I don't think it's going to be very pretty.
Click to expand...
MAGAidiot is one dumbass "businessman". He seems to be having a bad case of disintegrating slug-brain.
 
Shrink726 said:
Inflation is heating up rapidly. Latest monthly increase is 4.4%, over double the Fed's target 2% rate.

Jobs are effectively, non-existent with not enough job openings for those looking for work.

Consumer confidence (the backbone of our economy) is falling like a rock.

The Fed now finds itself in an untenable lose-lose position. Cut rates and you supercharge inflation. Sit tight or raise rates and you slow hiring, cap-ex spending and the economy in general.

Maggot has created an economic climate that is screwed ten ways from Sunday and people are catching on.

We are headed for a very serious economic reckoning and I don't think it's going to be very pretty.
Click to expand...
LOL. Inflation ticked up, still far below democrat's 9%. Jobs are down because we're getting rid of the fed bureaucracy. Consumer confidence is not "falling like a rock". Cutting rates by 25 basis points is NOT going to "supercharge inflation". It might tick up a little more. We are headed for a very serious economic reckoning because the bull market has gone on far longer than it ever has in history. Stocks will take a major hit, probably soon, but, in the past, you guys have always said, "Who cares about the rich people in the stock market"?
 
Shrink726 said:
Yup. There are simply no good options here. What's necessary is for Maggot to stop indescriminately throwing undocumented aliens out of the country and stop all these self-destructive tariffs, admitting he was wrong and misguided on both counts. That's the only way out of this mess and it'll never happen so the economic mess he's created is going to get exponentially worse with Maggot reflexively whining "but it's not my fault" as our economy circles the drain.

Even his supporters will catch on but it'll be too late. It ain't gonna be pretty.
Click to expand...

Allowing US employers to use (abuse?) illegal alien labor and to continue to offshore production to nations with lower labor and/or regulatory compliance costs wasn’t going well. I’m not saying that Trump’s MAGA plans are working as well as he had hoped, but the electorate seemed to think it was a better plan than the Biden/Harris Harris/Walz plan.
 
Moderate Right said:
LOL. Inflation ticked up, still far below democrat's 9%. Jobs are down because we're getting rid of the fed bureaucracy. Consumer confidence is not "falling like a rock". Cutting rates by 25 basis points is NOT going to "supercharge inflation". It might tick up a little more. We are headed for a very serious economic reckoning because the bull market has gone on far longer than it ever has in history. Stocks will take a major hit, probably soon, but, in the past, you guys have always said, "Who cares about the rich people in the stock market"?
Click to expand...
The 9% rise was exclusively an artifact of covid.
Yes a 25 basis point cut might be OK but Maggot wants it cut by 300 basis points.

Agree 100% about the market. It keeps going up based on fumes. It's long overdue for a serious correction.
 
NatMorton said:
Are you concerned things might get as bad as they did under Biden?
Click to expand...
The inflation that occurred under Biden was GLOBAL. Remember that pesky pandemic?
The inflation occurring under Trump is not, it is due directly to policy and an intentional trade war.
This was predictable and predicted. The insane Trump Tariff Taxes are causing an economic upheaval.
One that is entirely of Trump's making.
 
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