Recession - 2022 / 2023 / 2024
- Thread starter Hobo Hilton
- Start date
No. They absolutely don’t. They may be aligned on the direction of rates at certain times, but the White House and Fed are supposed to be independent. Did you forget the ongoing spat between Trump and Powell that started in Trumps first term?
And the president can’t fire Powell either. The Fed is an independent body.
This is the way things used to work. We didn't always have a system of heavy citizen taxation. Tariffs were the rule rather than the exception.
Dec. - Tiz the month of layoffs. Companies use to wait till Mid Feb, after the Holidays.
Now, (over the last 10 years), they don't care, kick em out before the 1st quarter.
Enjoy that PTO and don't come back, we don't need you.
Also, why are employees NOT loyal anymore, why do they leave for more $$ at the drop of a hat??
Indeed we have. The fundamental difference is that before the Fed (and during its initial stages) we had a gold standard and the US wasn't the reserve currency. We no longer have that. Could we operate without it now? Sure, but make no mistake the same functions they serve now will just get reallocated to some governmental branch.
I just want my buying power back from 5 years ago....... Losing over 20% buying power the last 4 years, sucks ass
Because employers said, “he’s coming up on retirement, let’s lay him off so we don’t have to give him his retirement or all of his retirement or better yet pension.” And then how about busting your ass and your coworker is the laziest POS there is? And climbs the ladder to manager. Yea where’s the loyalty in employees I wonder?Dec. - Tiz the month of layoffs. Companies use to wait till Mid Feb, after the Holidays.
Now, (over the last 10 years), they don't care, kick em out before the 1st quarter.
Enjoy that PTO and don't come back, we don't need you.
Also, why are employees NOT loyal anymore, why do they leave for more $$ at the drop of a hat??
Shocking that the population increases and unemployment goes up after the seasonal hires get let go as the seasonal construction goes dormant.
Weird.
Weird.
Last for years... ALL increase in jobs went to non-US born workers. US born lost like 4+million jobs.
it won't.. Dems will hold on to DEI and try to ride out for 4 years. Dems will try to bring it back in full force
edit - lots of major companies are virtual signaling, about how DEI is a good thing and they'll continue to promote it under a different brand.
Yup, its now Cloward-Piven at a cultural, brainwashed level. The thought process will not die in four years and will be the base of the democrats going forward. It wasn't just the illegals and over the top spending that was being used to try and bring the US down; it is also the belief system - essentially a replacement religion that can be used to stir up the base as a focal point for whatever injustice that they perceive. The boogie man is always injustice and the answer is now always the same - DEI. Not a proper education, or meritocracy based on that education and personal character/initiative.
Sounds really close to the welfare plantation if you start to think about it, but it also involves lording over those the injustice revenge is directed at. Which sounds a lot like the methodology of a certain country in the 1930's. And they will continue to vote for it. Expect that if a REAL recession occurs that this idea will come out in full force when people are unable to pay for stuff, get a job or see savers suffer less than them. Not hard to see where this is headed and how it will be used.
I agree. But let’s not call it Dems and Reps shall we? They’re one and the same. Behind the curtain they’re at the same dinner parties having the same laughs. You don’t see them out in public do you? Both sides throw scraps to the peasants but the peasants look at them as if they’re against one another. They have us fooled. Had the dems won? We’d hear tariffs on their side. They preach about how they’ll fix the country but every term it gets predominantly worse.
Libs preach DEI but notice the Reps aren’t pushing away? They only fix 1/4 of the problems (trans) and it makes their side happy. Meanwhile the dems preach DEI and the libs drink form the punch bowl with two hands anxiously waiting for “more rights” of nothingness. Yet when they fall to the poor? They’ll blame the opposition. Hoping for a cure but only get reprieve when theirs gets back in office. Little do they know? They won’t get it. But they always get a feel good story. Just like when dems in office. Ppl bitched? But no loss of jobs. Oil and gas were great. Stock market pumping. No real complaints than from the peasants about how one sucks and the other will be better.
Just crash the market so I can back the truck up. Become a millionaire almost overnight. Meanwhile those that complain hoping for the fix are left in the dust hoping for it to change in one hand and shitting in the other. And I’ll ask them? Which one filled up faster?
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