The Economy

[Neutral Corner]

US debt burden to top world war two peak in coming years, watchdog says

Congressional Budget Office’s forecasts come after Moody’s warned on the country’s public finances this week

www.ft.com

 

[Neutral Corner]

Tariffs show Trump is willing to cause higher prices, stock market slump

The bottom line: "Trump is signaling significant pain tolerance, and we believe him," wrote Tobin Marcus, head of U.S. policy and politics at Wolfe Research, in a note.

https://www.axios.com/2025/03/27/trump-auto-tariffs-inflation-risk

 

[garrow]

He won't have to tolerate any pain. biscuit. I need a new car, mofo.

 

[Brooklyn Bridge]

Great way to guarantee a permanent underclass labor pool.

That's ok, only the kids of poor and underprivileged families will have their kids work, the rich will be just fine.

 

[garrow]

Won't matter with a Repug in the WH

https://www.yahoo.com/finance/news/experts-americans-pessimistic-business-conditions-154227463.html

 

[dixiehack]

Won't matter with a Repug in the WH

https://www.yahoo.com/finance/news/experts-americans-pessimistic-business-conditions-154227463.html

March's big drop in consumer confidence was driven largely by people over 55 years old, followed by those between 35 and 55.

So basically everyone old enough to remember a non-Covid recession. But at least the Rogan bros and the Palestine uber allies kids will have their dank memes to keep them warm.

 

[DanOregon]

Trump's played the tariff card so much since he started round 2, said he's pulling them back, than started them again anyway. One, I don't know how customs people keep track (do they have a sign when they clock in to work for the enforcement people to keep track of what today's tariff situation is?) and Two, I'm guessing most foreign countries and corporations are just going to factor them in to what they are shipping no matter which side of the bed Trump wakes up on on a given day.

 

[ChrisLong]

Trump's played the tariff card so much since he started round 2, said he's pulling them back, than started them again anyway. One, I don't know how customs people keep track (do they have a sign when they clock in to work for the enforcement people to keep track of what today's tariff situation is?) and Two, I'm guessing most foreign countries and corporations are just going to factor them in to what they are shipping no matter which side of the bed Trump wakes up on on a given day.

It's his latest version of "We'll have it in two weeks." Being vague is his calling card.

 

[Inky_Wretch]

One, I don't know how customs people keep track (do they have a sign when they clock in to work for the enforcement people to keep track of what today's tariff situation is?

Our 16-year-old is in AP Government and Politics this year. During parent-teacher meetings, I said something about how it's got to be interesting teaching that class with all this stuff going on. The teacher said "Yeah, there have been a few times I had to come in and say 'Remember what we were talking about last week? Well, disregard that now.'"

 

[sgreenwell]

Our 16-year-old is in AP Government and Politics this year. During parent-teacher meetings, I said something about how it's got to be interesting teaching that class with all this stuff going on. The teacher said "Yeah, there have been a few times I had to come in and say 'Remember what we were talking about last week? Well, disregard that now.'"

We need a "yikes" emoji for things like this.

 

[I Should Coco]

Our 16-year-old is in AP Government and Politics this year. During parent-teacher meetings, I said something about how it's got to be interesting teaching that class with all this stuff going on. The teacher said "Yeah, there have been a few times I had to come in and say 'Remember what we were talking about last week? Well, disregard that now.'"

Your high schooler should enjoy that teacher -- and that class -- before it's banned.

 

[BurnsWhenIPee]

And before the teacher gets jailed.