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  1. #2101
    right about pizzagate Blake's Avatar
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    "....NEW YORK (AP) — As layoffs pile up, workers are feeling increasingly anxious about the job market.

    In the U.S., economists have said that businesses are largely at a “no-hire, no fire” standstill, leading many to limit new work, if not pause openings entirely amid economic uncertainty. Hiring has stagnated overall — with the country adding a meager 50,000 jobs last month, down from a revised figure of 56,000 in November...."

    https://finance.yahoo.com/news/layof...172050036.html

  2. #2102
    Mr. John Wayne CosmicCowboy's Avatar
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    You will see a lot more layoffs as AI is adapted. It's going to eliminate a load of white collar jobs.

  3. #2103
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    .
    Last edited by SnakeBoy; 01-29-2026 at 12:22 PM.

  4. #2104
    Alleged Michigander ChumpDumper's Avatar
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    Sentiment in this thread vacillates from AI is nothing more than a glorified search engine and AI is so powerful it's going to take all the jobs

    How are you personally using it aside from making dank memes?

  5. #2105
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    wrong thread

  6. #2106
    right about pizzagate Blake's Avatar
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    .....The CBO released a report yesterday detailing that, for the first third of FY26 (which began in October), the U.S. government operated at a deficit, and so borrowed $696 billion. That included $94 billion in January alone, and works out to an average of $43.5 billion for each of the 16 weeks of the four months since.

    While America’s government spending outweighs its revenue generation, its finances are also negatively compounded by the interest payments needed to maintain its debt. Total national debt now sits at more than $38.5 trillion. U.S. GDP is about $31 trillion, according to the Federal Reserve Bank of St. Louis......"
    https://fortune.com/2026/02/10/gover...ding-interest/


    I think more tariffs is the answer here.

  7. #2107
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    Moar spending is the Democrats answer

    Stop pretending you care about the debt

  8. #2108
    Alleged Michigander ChumpDumper's Avatar
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    Moar spending is the Democrats answer

    Stop pretending you care about the debt
    Do you care about the debt?

    Yes or no.

  9. #2109
    right about pizzagate Blake's Avatar
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    Moar spending is the Democrats answer

    Stop pretending you care about the debt
    Trump pretends like he cares about the debt. Moar spending on stupid and higher costs of living is all on him. And you love that big fat orange idiot.

    President Trump’s plan doesn’t just grow the economy, it actually reduces the debt burden on future generations — something the D.C. establishment hasn’t done in decades.

    While Joe Biden supersized the national debt, President Trump is supersizing hardworking Americans’ pay checks and restoring fiscal sanity, helping solve our debt crisis for the long run. To accomplish the President’s historic economic agenda, we cannot let the Trump tax cuts expire and we must build on their success with the One Big Beautiful Bill...
    https://www.whitehouse.gov/articles/...onomic-growth/

  10. #2110
    Andrew Dufresmed Millennial_Messiah's Avatar
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    AI ing up jobs, bitcoin and crypto at bear market rock bottom lows, Donald Dump sure ing up the economy, the only people that made it out materially okay were loathsome old boomer gold bugs and silver bugs (though silver is trending down).

  11. #2111
    Veteran velik_m's Avatar
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    US debt projected to reach $64 trillion in a decade, nonpartisan group says

    The United States' national debt is set to balloon to $64 trillion over the next 10 years, the nonpartisan Congressional Budget Office (CBO) said on Wednesday, citing a jump in annual deficits that owes in part to tax cuts enacted by President Donald Trump.

    The federal deficit -- the annual gap between government spending and revenue -- is expected to rise from $1.9 trillion in fiscal year 2026 to $3.1 trillion in 2036, the CBO found in its 164-page report. Forecasted revenue losses caused by Trump’s signature tax cut will more than offset $3 trillion in funds to be generated by newly imposed tariffs, the CBO said.

    The CBO also projected an increase in debt held by U.S. bondholders. Debt held by the public is expected to rise from 101% of GDP in 2026 to 120% in 2036, putting it well above the previous record of 106% in 1946, the CBO said.

    The U.S. has run up more than $37 trillion in debt, federal data shows. In 2023, the CBO said the federal debt would grow by another $20 trillion by the end of 2033. That assessment arrived before Trump's spending measure, which is set to add trillions more to the debt, according to the CBO.
    ...
    https://abcnews.com/Business/us-debt...y?id=130067492

  12. #2112
    wrong about pizzagate TSA's Avatar
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    Many economists from both sides are warning of massive inflation


    "Despite the 'hot' whisper numbers (and 4 previous Januarys in a row of upside surprises), headline consumer price inflation came in cooler than expected in January (+0.2% MoM vs +0.3% expected). That pulled the headline CPI down dramatically from +2.7% to +2.4% - near the lowest in 4 years...

    Core CPI printed +0.3% MoM (in line with expectations), lowering the YoY change in core prices to +2.5% - the lowest since March 2021...

    On the other side of the ledger, January saw real average weekly earnings rise 1.9% YoY - its highest since March 2021..."

    Blake Cramer

  13. #2113
    Veteran velik_m's Avatar
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    U.S. Farm Bankruptcies Increased 46% in 2025

    ...



    “Deep losses across commodities common in these two regions have compounded after years of declining receipts and rising expenses. For example, rice farmers are expected to lose over $200 per acre in loss, even after supplemental assistance. The nation’s leading rice-producing state, Arkansas, leads the U.S. in Chapter 12 filings in 2025 with 33 filings, more than double 2024 and the most in the state in the 21st century,” Ayoub reported. “Georgia follows with 27 filings, up 145% from 2024, reflecting both losses per acre in principal row crops and limited support for high-cost specialty crop production. Other Southeast states with double-digit bankruptcies include Texas and Louisiana, with 12 each, and Florida with a 200% increase from 2024 to 16 filings.”

    ...
    https://www.agriculture.com/partners...-2025-11903416

  14. #2114
    Veteran velik_m's Avatar
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    Americans With Higher Incomes Are Starting to Fall Behind on Payments

    ...
    The average client seeking help from credit-counseling agencies across the country now makes about $70,000 a year, with unsecured debt levels approaching $35,000, or half their annual income, according to the NFCC. Before the pandemic, the typical client enrolled in counseling made about $40,000 a year and carried $10,000 in unsecured debt, or roughly 25% of their annual income.

    Clients have rising debt-to-income levels and more are falling behind on payment plans. Those colliding factors pushed NFCC’s gauge of financial stress to its highest level since the nonprofit group began tracking consumer health in 2018.

    NFCC expects that its financial stress forecast—which weighs payment trends from consumers already in counseling against broader economic indicators—will climb in the current quarter.

    “We are seeing a disturbing shift from discretionary debt to survival debt,” said Mike Croxson, chief executive of the NFCC.

    The increasing number of missed payments by existing counseling clients is particularly concerning, Croxson said, because those borrowers are already on structured repayment plans, with fixed monthly payments based on budgets designed to be manageable.
    ...
    https://www.wsj.com/personal-finance...ments-472d3a24

  15. #2115
    right about pizzagate Blake's Avatar
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    Coffee just jumped up again. Was paying about $18 for the 40oz Starbucks espresso whole beans in the middle of last year, went up a few bucks from the re tariffs, now is at $25.

    Yeah, there are droughts etc but the tariffs that he ended up TACOing out on didn't help. The prices stayed up.

    ing idiots.

  16. #2116
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    muh coffee

  17. #2117
    right about pizzagate Blake's Avatar
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    Snakes will never admit to what he eats, drinks or buys because he knows he's paying more and this could have easily been avoided.

    Even then, he'll say he's okay with it though because he laughs at other people suffering.

  18. #2118
    wrong about pizzagate TSA's Avatar
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    Snakes will never admit to what he eats, drinks or buys because he knows he's paying more and this could have easily been avoided.

    Even then, he'll say he's okay with it though because he laughs at other people suffering.
    Inflation at its lowest point in 4 years, real average wages rise at highest YoY in 4 years and Blake is here whining about muh coffee. Blake will never admit he's doing better in his Daddy's economy.

  19. #2119
    Alleged Michigander ChumpDumper's Avatar
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    TSA shut the up about jobs number revisions.

    Let me give you a hint why Trump is unpopular. He raised prices AGAIN and they are staying high.

    See you in the Epstein files thread, rube.

  20. #2120
    right about pizzagate Blake's Avatar
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    Inflation at its lowest point in 4 years, real average wages rise at highest YoY in 4 years and Blake is here whining about muh coffee. Blake will never admit he's doing better in his Daddy's economy.
    Inflation is higher than it has to be. No, I'm not doing better net gains than I was in 2024. You'll never say exactly how you think you're doing better in your step daddy's economy. You're an idiot.

  21. #2121
    right about pizzagate Blake's Avatar
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    TSA shut the up about jobs number revisions.

    Let me give you a hint why Trump is unpopular. He raised prices AGAIN and they are staying high.

    See you in the Epstein files thread, rube.
    He'll keep hammering the same talking points his podcast supervisors tell him to until he just can't any more and has to return to Korea.

  22. #2122
    dangerous floater Winehole23's Avatar
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    tariffs are inflationary and so is unreliability

    that said, barring any completely foreseeable mercurial shocks to the global economy or the outbreak of war with Iran, the consensus inflation outlook is low

  23. #2123
    right about pizzagate Blake's Avatar
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    tariffs are inflationary and so is unreliability

    that said, barring any completely foreseeable mercurial shocks to the global economy or the outbreak of war with Iran, the consensus inflation outlook is low
    Still needlessly higher than it should be. We're just indirectly paying new taxes to pay for Noem's new private jet.

  24. #2124
    Alleged Michigander ChumpDumper's Avatar
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    Hmm. Commie rag, right?



    https://x.com/WSJ/status/2023631032700879301

  25. #2125
    dangerous floater Winehole23's Avatar
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    oh there's a feud between Trump and Murdochlandia

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