The Trump Economy

[Dondilion]

What it takes to roll with the big boys.

Minerals, magnets and military capability.

https://mwi.westpoint.edu/minerals-m...-wake-up-call/

Good luck to anyone entering the area of manufacturing modern weaponry.

[Chicks]

Middle-class Americans' living standards 'in decline at this point' as inflation outpaces wage gains
https://finance.yahoo.com/economy/ar...143939724.html

But… but… Repubes are better at the economy, right?

[RickeyM]

Originally Posted by Dondilion

Trump has a greater strategic insight than most

[RickeyM]

Originally Posted by Chicks

Middle-class Americans' living standards 'in decline at this point' as inflation outpaces wage gains
https://finance.yahoo.com/economy/ar...143939724.html

But… but… Repubes are better at the economy, right?

Sure, if you're a billionaire.

[Dondilion]

The middle class has been in the decline for decades. The financialization of the economy ensured that. Quantitative Easing following 2008 crisis was a major driver; as those closest to the massive money printing were in a position to easily transform fiat into assets. Those who were not close to the unrelenting money printing encountered the affordability crisis. That is trappings of the middle, such as reliable transport, shelter, education, became extremely unaffordable.
A characteristic of the time huge debt: credit card, car, education and surge in Buy Now Pay Later.

[Chicks]

Originally Posted by Dondilion

The middle class has been in the decline for decades. The financialization of the economy ensured that. Quantitative Easing following 2008 crisis was a major driver;

The major driver, comrade, was Ronnie's "trickle down economics", which made the rich much richer, destroyed the labor unions that made the middle class in the first place. Repubes have ever since worked to give more and more to their rich donors while hollowing out the middle class, and taking benefits from the poor. SCOTUS has been right there helping the Rs.

[Chicks]

US wholesale prices rose 6% in April in another sign of sticky inflation
https://finance.yahoo.com/economy/ar...125605270.html

Thanks, Donny! Your little distraction in Iran is really MAGA!

[Chicks]

‘I don’t think about Americans’ financial situation,’ says Trump amid Iran talks
With US inflation at a three-year high, US president insisted he’s not focused on economic hardship sparked by the conflict
https://www.theguardian.com/us-news/...icans-finances

Yes, we're well aware, Donny. Yet fools still support you. Some here even think you're "smart". Idiots.

[Dondilion]

The Iran operation is really an attempt by Trump to deny China's access to ultra cheap oil. Oil which China has been storing in a frenzy. The operation is couched under the perennial nuclear denial mantra.
The part, for which many years Trump has shown consistency: In confronting Mercantilist Overcapacity, he is not overly concerned with short term pain.

[bobabode]

An op-ed listing much of the t'Rump family's dirty, filthy dealings.

From the Guardian - https://www.theguardian.com/commenti...p-billionaires

Yes, I am a subscriber....