President Donald Trump’s launch of a nationwide “affordability tour” this week may look to some like an admission that Americans are struggling under the weight of the administration’s tariffs and rising utility and grocery costs—but Trump assured one reporter on Tuesday that he would acknowledge no such thing.
Maybe he meant the economy of billionaires?
Next he plans to fix the economy by issuing pardons to the farmers.
Just remember that “the economy” really stands for “rich people’s yacht money” – by that metric it’s doing great.
Forbes: “The stock market is doing really well.”
MAGAs: “YAY!”
Me: “The stock market has nothing to do with YOU!”
I mean, it sort of does, particularly as far as retirement is concerned. I know some MAGA diehards that are, to a significant degree, judging by the metric of their 401k/Roth retirement savings accounts, and the value of those accounts are necessarily going to be tightly linked with the overall performance of the stock market by virtue of the fact that they are investment account.
Now, if we’re being honest with ourselves, the US stock market has been largely decoupled from reality since at least 2008. Consequently, the current state of the stock market no longer functions as any kind of meaningful metric for economic health. It is, in my view, just a system for speculation which exists to transfer wealth out of the pockets of the people attempting to beat the market and into the pockets of the people who already have enough money or influence to make the market. Even decoupled from reality as it is, however, I find it a dubious prospect that the line can ever keep going up indefinitely - they never do, and especially not when so many other (arguably more concrete) economic indicators are pointing the other way.
Looking at you, load-bearing (and suspiciously bubble-shaped) AI hype, looking at you.
Should such a crash happen, I’ll be very excited to hear what rationalization they pivot into this time. Who knows, maybe Trump will get control of the fed like he wants and then we can throw hyperinflation (and likely a subsequent de-dollarisation) into the mix to really take the already roaring garbage fire up a notch. I’m certain that this fascist will be just as cautious and responsible with the money cannon as his dictator peers have historically been.
Honestly, it’s like listening to a child, trying to lie to you. Everyone knows that a really great economy has SIX pluses!
Nothing will meaningfully improve until the rich fear for their lives
This is some North Korea level deception.
something something final, most essential command …
You need to understand that politicians and billionaires use a different dictionary. In that one, ‘economy’ is defined as ‘rich people’s money, assets and influence’. Applying this definition, everything makes sense.
The company I’ve worked at in a specialist/management position for slightly above minimum wage where I haven’t had a pay increase in two years, reported record profits this year.
If nothing else, it’ll be fun to see MAGA try and balance their cultish devotion to Trump clashing with their love of complaining about things getting worse.
clashing with their love of complaining about things getting worse.
Blame immigrants, blame democrats, blame other countries… There will be no clashing.
don’t you know the tariffs aren’t working because of the ACTIVIST JUDGES?!
don’t you know that CRIMINAL IMMIGRANTS are cheating the system?
don’t you know that RADICAL DEMOCRATS are needlessly non-compliant with ICE and THATS why it’s not all sunshine and rainbows?
don’t you know that CANADA is to blame for the lack of tourism?
Trump could literally in broad daylight kick them in the balls while looking at them in the eye … and MAGA idiots will still blame the democrats for it.
“Trump HAD to kick me in the balls to get back at the Demoncrats because…”
-Some MAGA moron probably
It was a Biden executive order with an autopen for sure. Trump is a patriot for following the law and kicking me in the balls.
Promise: EVERYTHING
Deliver: NOTHING
Blame:
OBAMABIDENA few years ago it was “thanks Obama”
Rinse and repeat lmao hey Pedonald frump, hurry up and die you old cunt neck
The same people that hung on to every syllable that came out of Biden’s mouth, pounced on the most minor grammatical mistakes, and seemed to have memorized every word the man uttered in his latest speech now suddenly they claim they don’t keep up with the news they haven’t heard what Trump is saying and they’ll look it up later.
Yep. All of them become Mariah Carey when it comes to knowing anything about what Pedonald is up to, include little Mikey Johnson…
Oh, that’s easy. It’s the immigrants’ fault. Or it’s Biden’s fault. Or it’s the Democrats’ fault.
When objective truths don’t hold any weight whatsoever, blame can be assigned freely without having to perform mental gymnastics to make it make sense.
Oh come on. Everyone knows its Venezuela thats been doing these nasty things to mercan patriots with their narcocommunist submarine regimechange programs.
It’s the Antifa with their Obama ACORNs and their Alinsky-style tactics…
They won’t blame Trump, its big government working against him that’s the problem.
More like “Trump grades his personal economy”, mostly due to bribes and grifting.
I mean, yeah - by some accounts he could have doubled his net worth over the past year alone thanks to Trump coin alone!
Says the man who doesn’t buy “groceries” but thinks it’s a made up word.
hmm, groceries, that sounds … gross
When he says “america” he means himself. When he says “the economy” he means his bank accounts.
I’m not being glib, I’m being literal. L’État, c’est moi. He has merged himself with the state.
He views himself as the sole entity of the state, everything is here to support him. Like kings of old. The kind we used to routinely overthrow or drag out of their castles and test if they were made of cake.
Except it’s not HIM sitting in that room. He’s made billions since taking office again. It’s going great for him.
He’s sitting somewhere else entirely. It’s just all us non billionaires and the non-centimillionaires sitting in that room.
Fake picture!! I can tell because he’s not nodded off.
Says the demented and out of touch old fool who’s never missed a meal in his miserable life.
