Day: February 28, 2025

Looky Here

The reciprocal wave is rising. This is the reaction to the Great Shitstorm of 2025 and PINO Trusk’s Great Undoing of peace and prosperity. Sure, we didn’t have peace and prosperity everyday for everyone, but now it’s gettin’ ugly.

Atlanta Fed predicts negative 1.5 percent GDP growth in first quarter

Oh, boy, the Atlanta Fed has started an ugly trend of downgrading GDP growth.

The Atlanta Federal Reserve is projecting a contraction of the nation’s gross domestic product (GDP) of 1.5 percent in the first quarter, flashing a warning sign for the U.S. economy.

The Atlanta Fed last week was predicting 2.3 percent positive growth for the first quarter. A month ago, it was registering 3.9 percent growth.

PINO Trusk has only been in office one month and the economy is caving in. It’s almost like he’s deliberately destroying it.

It’s not just the Atlanta Fed feeling it.

Inflation as measured in the Federal Reserve’s preferred personal consumption expenditures (PCE) price index came in at 2.5 percent annual growth on Friday, dipping by just a tenth of a percentage point after rising throughout the fall.

Personal expenditures decreased $30.7 billion, or 0.2 percent, in that report.

Consumer sentiment also fell off a cliff in January as measured by the University of Michigan’s monthly survey, dropping nearly 10 percent from January.

Perhaps of more concern for economists, consumer expectations for year-ahead inflation popped to their highest levels since November 2023, rising to 4.3 percent for next January from 3.3 percent in December.

A majority of CEOs polled last year by accounting firm PwC saw a recession coming within six months of October 2024.

“61 percent of respondents agree that the US economy will experience a recession in the next six months, up from 49 percent in our June 2024 survey,” PwC analysts found in last year’s survey.

61% of CEOs polled agree that a recession is coming? Why, that’s terrible economic news, innit? Must be, for folks who were whinging ’bout the price of eggs in November of 2024.

Egg prices keep going up. Here’s the average cost for a dozen across the U.S.

Avg. price of eggs has hit a new high

The average price of a dozen eggs in a US city hit $4.95 in January 2025; jumping by 19.5% in just one month, from $4.15 in December. The price of eggs is higher than ever before, with the previous peak at $4.82 in January 2023, and has nearly doubled since the same time last year.

That’s just eggs, right? We can live without eggs. Other prices aren’t increasing, are they? I’m just fearmongering, right?

Walmart shares tank on dismal forecast as retail giant warns of slowing sales

Walmart shares, which had risen about 72% in 2024 and hit a record high of $105 last week, were down 6%. Shares of rival retailer Target were down 1.6%, with Amazon 0.9% lower.

The company forecast adjusted earnings per share for the fiscal year ending January 2026 in the range of $2.50 to $2.60, below analysts’ expectations of $2.76, according to data compiled by LSEG.

To be sure, these are serious matters. They’re going to be made worse by PINO Trusk’s DOGE-led cudown of government services. I don’t want life to be miserable in the U.S. or the world, but this is the path which PINO Trusk and the GOTP are blazing.

We saw this coming.

We warned the rest of you.

Will PINO Trusk take action to address it? Well, right now, his focus is on making English the official language and lying to and insulting President Zelnsky.

President Trump to sign executive order making English the official language of US.

I wonder if Trump will be required to learn how to speak proper English if it’s now going to be the official language?

Somehow, I doubt it. He really seems incapable of learning. Then again, he is 78.

That’s pretty old for a job like that, innit?

6

Phasing Out

Daily writing prompt
Describe a phase in life that was difficult to say goodbye to.
View all responses

I thought in depth on this. I retired from the military after twenty years. It was surprisingl easy to say good-bye to it. But I’d been ready to leave it for at least a year. The politics and hypocrisy inherent in the organization disgusted me. Also, leaving wasn’t hard because we rotated every two to four years. Little was permanent, thanks to ‘permanent change of station’ orders. I was deployed to theaters around the world, and the missions changed. While controlling nuclear weapons, war planning, and mitigating the effects of disasters were constant, as were the uniforms, the people were not. We were proficient at ending phases and saying good-bye.

That got me to thinking about how it was really about the people. Leaving IBM after fifteen years was like leaving the military: supremely easy. For the final nine years, I worked from home in southern Oregon. My co-workers were mostly voices on the phone. I’d rarely actually met any of them. My niche was small and I typically dealt with the same ten semi-strangers all week. It was boring, although it could be mentally stimulating, but mostly tedious and empty. Projects would arrive with great fanfare. Then the winnowing would begin. Many projects failed to launch. That was the business.

I left home and family when I was seventeen. Mom’s home was riotous with broken marriages and arguments. When I lived with Dad, he was an absent father. I became adept at being independent.

My wife and I have been together for over fifty years. That’s an ongoing phase. I’ve moved around the nation and around the world. Relatively little remained the same for me. Change was a constant phase.

But we usually had cats. They bonded with me more than my wife, with one exception. These cats became my buddies. At one point, I had six living with me. Another four that belonged to neighbors regularly visited. Now all are gone except one, and he’s getting old.

That’s what phase I guess it’s been hardest to let go of. Each fur friend’s death was so deeply felt that I’m weary of feeling it. My wife said the same and has declared, no more cats. I’m willing to accept that for the moment, but it’s the end of a phase, and a very long good-bye.

1

Frida’s Wandering Political Thoughts

It’s good to laugh out loud in the morning. Which I did today, reading of a new Republican plan.

Republicans say states are pulling a fast one on Medicaid

Republicans in Congress see a way around the $880 billion budget shortfall they need to fill to extend President Donald Trump’s tax cuts set to expire at the end of the year.

States aren’t going to like it.

To qualify for federal Medicaid dollars, states must also kick in their own matching funds. GOP lawmakers want to stop states from taxing insurers and health care providers to raise that money, a maneuver that would leave states with a $612 billion hole in their budgets over the next decade.

This is fucking hilarious. The GOTP are amazingly ignorant. Which states depend most on Federal Medicaid? Why, the poorer states. We know this from studies, statistics, and history. For example, West Virginia, one of the nation’s poorest states, are solid Medicaid recipients. Guess what? They won’t have this money.

Guess what else? They solidly voted PINO Trusk into office.

Can you guess what other states fit a similar profile to West Virginia? If you guessed red states, reward yourself.

So here goes the GOTP, chasing some illusion of cleverness and logic in a move that will spite their supporters. It looks like if anyone is pulling a fast one, it’s the GOTP. Wasn’t PINO Trusk just bloviating a few days ago that they wouldn’t touch Medicaid? Oh, but that’s right, what am I thinking? He can’t be trusted. Everyone except his supporters know that.

Brace yourself for the reciprocal wave if they pull this one off.

0

Frida’s Theme Music

Spring continues its bold approach in Ashlandia. Winter will probably bound back in a few days but for now, it’s a beautiful day. 43 F with blue sky and sunshine. At one point in this aging morning, I walked into the kitchen and was met by a fierce shineslam of bright light. Haven’t had that kinda experience in months. The weather ‘they’ tell us we’ll crack 71 F today. But we saw 73 F at my abode’s weather thingy yesterday, so I cautiously hopeful that more the 70s will make it to the show.

This is Friday, February 28, 2025. Yes, the end of the year’s second month has arrived. The third month begins tomorrow. That’s how it used to work. But with PINO Trusk’s shitstorm and the Great Undoing, who knows what it’ll be? Maybe he’ll declare it February 29. Perhaps he’ll get it in his head that if the calendar doesn’t advance, then he’ll never leave office. He’ll just label every day as Trump and then append them with numbers.

No, that’s actually too reasonable and logical for him and his band of broken people.

Today’s song shouldn’t surprise. “Beautiful Day” by U2 came into this world at the turn of the century. Just decades ago, that seems like a far away time. It’s in the morning mental music stream because The Neurons heard me look out the window and say, “Wow, look at that, Papi, it’s a beautiful day.” For the record, Papi the ginger blade, aka Meep and Butter Butt, agreed. Or seemed to. He went out into the sunshine, stretched, and then eyed everything for threats and intrusions.

Hope it’s a beauty where you are, too. No matter what, try to make it a strong day for yourself.

Coffee has now crept into my system, somehow getting in there when I put it in a mug and raised the mug to my lips and tilted the mug back. So here we go, one more time. Cheers

0

Blog at WordPress.com.

Up ↑