If the shutdown tanks the economy who wins?
The signs are already there and will get worse if air traffic is severely curtailed... especially over the holidays.
Short term the Republicans can "claim" that they have voted to keep the government open but long term the party in power always suffers when the economy stalls out.
AI is already putting pressure on employment and private enterprise will take the blame.
Running for mommy-government's skirt will become very tempting (as it has in NYC).
The Dems have always dreamed of a return the glorious days of FDR's one-party rule by enlightened elites.
If we have another crash this may be their golden ticket.
Replies to: If the shutdown tanks the economy who wins?
Hedge funds and Pelosi.
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Nancy's Husband does the investing...and he's NOT a Hedge Fund Trader (do a board search under my
Username)...
On the other hand, DJT & Friends seem to have profited nicely from their 'timing' of stock trades...before and after Trump's announcements of Tariffs...(see attached fact based article).
One thing Trump is truly gifted at...GRIFTING the American people...you, and every other MAGA, included...
Link: https://www.propublica.org/article/us-officials-stock-sales-trump-tariffs
"The Biden Administration Handed Over a Strong Economy"...this Chaos is ALL on Trump...
...fringe Republicans (see MTG) and even Farmers agree...DJT produces only Havoc...not Progress...for Anyone.
Link: https://www.americanprogress.org/article/the-biden-administration-handed-over-a-strong-economy/
Perhaps... but it will take until the middle of 2026 to see how the Big Beautiful Bill works out.
The tax benefits only begin to kick in next year.
Similarly, the foreign trade deal investments Trump has negotiated will take at least a year to yield any results.
Arguably, this is still Biden's economy
You are correct, economy is doing well and will do better.
Libs hate it as you can see.
Always entertaining to hear from those living in another 'universe'...how's Big Foot search going?
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4% GDP growth last quarter.
I guess you don’t know what that means.
Try looking beyond the tip of your nose...
...from the attached article...be sure to check out the table of GDP projections...
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Higher tariffs and uncertainty are expected to weigh on real GDP growth in late 2025 and early 2026, despite economic activity appearing to be on a somewhat firmer trajectory earlier this year. Consumers will bear the brunt of higher prices, with the largest impacts projected in Q4 2025 through Q3 2026. Fiscal policy is expected to only modestly offset these effects. While the unemployment rate remains low, the sharp decline in employment gains over the last few months creates downside risks to the labor market.
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Link: https://www.conference-board.org/research/us-forecast
Sorry you can’t handle the facts.
No one ever reads your irrelevant links.
Nice try, Curly...but this self-inflicted debacle is definitely all on DJT's watch...and ever
worsening polls demonstrate that the American public sees it that way.
Sure they did. Best ever.
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I invite you to prove otherwise...an immense challenge, I know, but that's your problem.
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Yea I know. It’s all Trumps fault. Thanks for playing.
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We all prospered under Bidenomics
The VERY Conservative Heritage Foundation (of "Project 2025" fame) conveniently forgets to note
the need for higher interest rates by the FED in order to fight the Inflation you were railing about just a couple of posts ago...btw,...It Worked!!
Go buy some books on "Critical Thinking"...you'll be MUCH the better for it.
Biden was president
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As mentioned...your lack of Critical Thinking is dramatic...and I fear I've thrown too many pearls
your way already.
Biden was president. His economy. Try harder to make excuses.
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And another
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Link: https://www.theguardian.com/us-news/2022/jun/11/us-gas-price-inflation
More evidence that you need someone to handle your important affairs...
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Who was president? Biden
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Take a trip down memory lane
LOL...are you Daft?...were you alert and functional in 2022?...remember the GLOBAL Inflation caused
by COVID related Supply Chain disruptions, followed by Putin's Attack on Ukraine and rising Oil prices? Now go back and look at (perhaps for the first time) the economy, and inflation level left by Joe Biden for Donald Trump on Jan, 20, 2025.
Talk about a lack of Critical Thinking...just when you think you've plumbed the bottom...
Biden was president
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I think that you mean “The Inflation Reduction Act”
It increased inflation.
an economy tanking because of a govt shutdown just means govt is too big
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Thanks Trump and his sycophants
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Right, that's what it means. Eyeroll
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My first thought exactly.
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What signs do you see about the economy tanking?
I think last quarter GDP growth was about 4%. That is damn good.
The market is going down, layoffs are going up, retail buying is flat... and the business channels'
conversations are WARY!
Democrats. See Tuesday's election results.
Tip for GOP: Governing requires effort.
I've spoken with several "No Kings" participants in other parts of the country...their fervor...and
that of millions more passersby in their cars will only grow when it comes time for the Mid-Term elections...
That 2:1 ratio in CA for Prop 50 was built with more than Democrat votes (46% of CA registered voters)...
A true partisan can vote for shutdown, then blame the otherside when he gets what he voted for
I'm not saying you can't dishonestly move your responsibility to the other party by controlling narrative. Perhaps that is what you are counting on. After all, you aren't counting on the truth.
Yes, but here, the Democrats are on the moral high ground. Their "ask" is reasonable.
More importantly, most Americans are hoping the GOP will agree to restore the health care coverage that was cut in Big Beautiful Bill.
It is not reasonable.
Elections have consequences. Never had their been a more stupid group in the Dem leadership.
China. Their opponent has a political party willing to tank its own economy for sake of power.
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