Tag: economy

Thirstda’s Theme Music

Thirstda, April 10, 2025, cracked opened a new package of spring in Ashlandia. Filled with fresh air, new blooms and blossoms, dark and heavy green grass, and bright sunshine highlighting lazy clouds, it’s a day full of promise. 54 F now, that sunshine makes it feel like 67 F. 72 F is being shaken as an offering. Attached to the end of the weather promise is a warning that it’s gonna cool down tomorrow by more than ten degrees.

Newsweek is brimming with a tale of Donald Trump’s tanking approval numbers. Over on a rightwing site, they’re psyched about Trump having the highest approval rating among the last four presidents at this point in their term. Are we united yet?

News stories are rich about several matters on Trump. They’re still talking about him floating the idea of bombing our friend, neighbor, and ally, Mexico. After Trump said that he wouldn’t back down, he put tariffs on pause for 90 days for most countries, with a few exceptions for certain industries and imports. China’s heavy levies remain. In a surprise move that surprised only those half asleep under rocks, the House GOP passed Trump’s budget. Oh, but there was talk of such a rebellion going on there! Such dramatic stances were kind of made by these spineless caricatures of principled GOTP politicians. Several made it clear that they thought it was the wrong move but they voted for it anyway.

Primers regarding ‘how we got here’ are circulating. Not with Trump per se but our manufacturing issues in the United States. Many point out that goods are still produced in the U.S.A. These are often made in automated factories with few employees. History lessons are presented as reminders that it was that right-wing darling, Ronald Reagan, who championed changes in laws that allow the massive stock buybacks that are now the standard operating procedure for U.S. corporations. They point out that it was the right-wing business hero, Jack Welch of GE and “30Rock” fame, who led the charge to outsource and offshore. Hoping to keep up, and seein’ how GE financially thrived for a while, the same course was charted for many U.S. corporations. China and underdeveloped nations hungry for opportunity eagerly offered their land and people as new manufacturing bases. Now Trump blames those countries for what we as a nation did. Classic Trumpism: cluelessly blame others.

Today’s theme music is a matter of a haunting. Someone posted a comment about Joe Jackson and his song, “Is She Really Going Out with Him?” The Neurons trapped it in my morning mental music stream. I need to share it to exorcise it from my head. Not a bad song at all but speaking personally, having the same song playing over and over in my mind starts increasing my whacko factor. My whacko factor, or WF, is already naturally high.

I’ve chilled with some coffee and played with the cat. He enjoys some hide and seek and chase in the morning. Hope your day gives you all you need and more. Here we go.

Cheers

1

Humpda’s Wandering Political Thoughts

I want to believe. But the rug was pulled out from under me last November. I’m leery of trust and hope. They used to be my friends. Now they let me down.

I read a Brian Tyler Cohen post. Petitioning the King. Cohen writes well. Intelligently. Persuasively. Mr, Cohen says,

It’s clear by now that Trump’s imposition of tariffs has been a disaster. The market has crashed, wiping away all gains since he took office, companies are laying off employees by the hundreds, fears of a recession are reaching a fever pitch, and far from pressuring other countries into coming to the negotiating table, they’re going around the United States and entering into new trade agreements without us. New reporting suggests that Japan and South Korea are coordinating with China to respond to our tariffs. How’s that for 4D chess? At a time when American superiority is threatened by China, Trump is driving other countries into the arms of China.

And so given how disastrous these tariffs are on the economy, and given how potent the issue of high costs are (Trump himself admitted that he won the 2024 election as a result of high costs), it would lend itself to reason that he would want to avoid this like the plague. Even someone like Trump (who can’t bring himself to admit fault because he views any capitulation as a sign of weakness) can see how disastrous this is and should want to cut his losses.

Which raises the question: why plow ahead?

Right on dubious schedule, Trump announced a 90 day suspension on tariffs for all nations except his arch enemy, home to his products, China. So Trump is not plowing ahead.

Could it be that his falling poll numbers changed Trump’s mind?

Perhaps it was the turning of the worms like Joe Rogan, Mitch McConnell, Ted Cruz, and Thom Tillis.

Maybe Trump had a good game of golf. It could be that he saw that shares of DJT were down, affecting his personal wealth, or he noticed that crytocurrency had precipitiously dropped.

I personally doubt it was any of those things. They would indicate logic, consistency, personal reflection, things that Trump doesn’t do. I think he did it to amuse himself because he likes being the talk of the world. He’s that kind of egomaniac.

I think Brian Tyler Cohen may posit it’s something else. He finishes:

Now comes the hopeful part: we’re wise to his plan.

There is a reason that the Trump administration suddenly rescinded the nomination of Elise Stefanik to be UN ambassador, fearing Republicans would lose a seat in a district that Trump won by 21 points in November. And they saw what happened in Wisconsin, where Trump-endorsed conservative candidate Brad Schimel lost by 10 points in a 50-50 state. And they saw what happened in Florida, where even though Democrats lost a pair of special elections, the races saw an average 16-point swing to the left. And on Saturday, they saw millions of Americans take to the streets to protest their overreach. This matters because this administration derives its power from the perception that it is untouchable and can act with impunity. The fact that Americans are standing up, turning out, and fighting back threatens their entire power structure. I know it doesn’t feel like we have much to celebrate, but I want to be clear: the energy, the momentum, and the enthusiasm is on one side right now, and it’s not Donald Trump’s.

Boy, I’d sure like to believe Mr. Cohen. But one thing my recent experience has taught me is, don’t get too hopeful.

That’s probably Trump’s plan: keep folks like me from getting too hopeful.

He’s diabolical in that way.

0

Twosda’s Wandering Political Thoughts

I had an interesting exercise a short while ago. On a writing break to stretch my butt and water my mouth, I perused some NYT to chill before returning to my regular scheduled writing plan.

This really caught my attention. It’s the articles trending in the NYTimes. I noticed it when I finished reading an article about the Jeju aircraft crash that took place last December.

It’s quickly apparent that Trump’s moves are dominating stories at this venue. Ponder those titles. They reveal the divisiveness, uncertainty, and chaos Trump is causing. Those few stories that try to spin Trump’s actions as a ‘good thing’ are written by conservatives. Surprise, right?

BTW, that piece titled, “Opinion: Trump Has Everything Under Control” is the regular Gail Collins and Bret Stephens piece. It is not a positive piece about Trump.

Gail Collins: OK, Bret, I know you can’t tell the future, but give me a prediction. Will President Trump’s tariffs go down as one of the 100 worst decisions in presidential history? 50? 10?

Bret Stephens: As an economic matter, possibly the worst presidential decision ever. Say what you will about Herbert Hoover, but he was an honorable public servant who didn’t have the benefit of hindsight when he signed the Smoot-Hawley tariff into law in 1930. As a foreign policy matter, it’s at least in the top five worst. It’ll be a few months before we see the full consequences in terms of reciprocal tariffs, broken alliances, destroyed trust and an America that has dethroned itself from global economic leadership. And don’t be surprised if it leads to war, as global economic upheavals often do.

Other than that, Gail, it was a great week. Like millions of other Americans, I barely noticed losing a big chunk of my net worth. Can’t wait for all the price increases to kick in.

As for many other articles in this list, they often feature conservatives now bemoaning what Trump is doing to the United States and world economy. None of these stories were long. I read them all. What emerged to me was how many were still coping with Trump’s chaos as if this was a surprise. Come on, man, where were you people getting your news?

0

Saturda’s Wandering Political Thoughts

A woeisme fugue is shrouding my mind.

“I give up.” My wife shook her head as she spoke. A heavy sigh followed. She explained that she spoke to her sister and niece yesterday. The two live in Florida. Both are intelligent and vivacious individuals. College educated. Democrats. Trump despisers. Sis is my age. She owns her own business. Daughter works in sales and marketing. Neither were aware that Trump had just passed his tariffs. Nor were they aware that the stock market had been dropping. They weren’t aware of most of the news that had my wife’s head spinning. In fact, her forty-year-old niece had decided that Thursday was the perfect day to invest in the stock market for the first time.

“My sister is a low-information person,” my wife said. “She’s always been like that. She used to be on top of her business dealings but now she’s moved away from those. She just wants to relax and not worry about things.”

I understand how my wife feels. We were shopping in Medford yesterday. Nobody seemed to be doing any prepping buying. In fact, the shoppers seemed like happy, oblivious people.

My wife had noticed this with her coffee group friends. Most seemed serenely oblivious to what Trump was doing. Several were planning their summer vacations.

“Is it just us and our tribe?” I wondered.

Maybe. My beer group members are acutely aware of what’s going on. It significantly depresses the female members. The male members are grim. But all have worried and wondered, what should we do to prepare?

“I don’t think most people know what’s going on,” my wife said. “And I don’t think they care.”

I agreed. “I don’t think they’ll notice until it hits them in the face. Then they’ll think, hey, what happened? Why is the national park closed? Did you see the state of that bathroom? It’s filthy! They’ll wonder why the water and sky is dirtier. They’ll try to buy a new car and will have sticker shock. They’ll try to eat out and discover businesses have closed, and those that are open will cost a lot more than they expected.”

My wife said, “You said one thing wrong.”

“What?”

“‘Then they’ll think.'”

And the band played on.

5

Frieda’s Theme Music

Sunshine broke on through, just as the doors urged. Frieda, April 4, 2025 is a windy, sunny, warm spring day. High and thin clouds scrub some blue sheen of the sky. It’s 52 F and heading to the high sixties.

Papi the ginger blade was so happy. At first. Prancing into a sunshine pool, he washed and lounged. Then, wind ruffled his fur and pushed his ears around. The little Butter Butt pressed to come in, pronto.

A shopping day is planned. Our household subjects have veered between Trump’s impact on our personal finances and situation to buying a bidet attachment or something. “Should we get an attachment or a seat?” my wife asks. She’s rethinking herself.

“I’ll research and report back,” I reply.

“I’m not even going to look at my 401K,” she says. She means that. I will discreetly check it for her. Keep the results to myself. Mine has lost about twelve percent of its value. My other stock holdings have dropped ten percent. It’s early, though. I consider divesting all.

Today’s strong jobs report surprised me. But, then again, no. I’ve read of substantial business closings. Layoffs and terminations. Food traffic down in stores. Sales down. I’ve not read of any companies gushing, “Look, we’re hiring! Woo hoo!” Trump’s administration puts out those jobs numbers. He’s a known liar. So are the lackeys populating his regime. I’m sure they looked at the first set of numbers and told one another, “Oh, no, we can’t publish those. He’ll fire us all.” So they doctored the jobs number to look good.

PINO Trump tweeted about it this morning. Sorry, he X’d about it. “GREAT JOB NUMBERS, FAR BETTER THAN EXPECTED. IT’S ALREADY WORKING.”

What does he think is already working? Farmers are being hit, Federal workers have been shelved, tourism has dropped and is expected to drop more. The stock market keeps dropping…well, if you’re not in the Trumphosphere, you know. Projections are not rosy. First quarter reports are going to be interesting.

A friend added comments yesterday to one of my posts. They linked to a Jimi Hendrix song, “Still Raining, Still Dreaming”. Hearing that provoked The Neurons to begin different Jimi Hendrix Experience songs in my head. I ended up with “Stone Free” in the morning mental music stream. The song coincides with my urge to take a trip, see the coast. I’ve been working on my wife for such a trip. Her stars aren’t yet aligned enough. That doesn’t stop me from joining Hendrix to sing, “I got to, got to, got to get away right now.” But I’ll hold on for my other to be ready.

Difficult to find a good video of “Stone Free”. I went with this one, despite its sound glitches. I enjoy the members playing and seeing Hendrix’s fast, meticulous playing.

Coffee has made its morning visit to my body. I’m rockin’ and arollin’. Hope you have an awesome experience today, wherever you are. Cheers

2

Thirsta’s Wandering Political Thoughts

It’s Trump’s morning in America.

“The stock market is down over fourteen hundred points,” my wife greets me.

“Hey girl,” I answer. “Good morning.”

If my wife seems gleeful about the stock market, it’s because she’s angry. Bottom line, she’s in the FAFO camp. Reads ‘The Leopard Ate My Face’ tales daily. Spoons up all those tales about Trump supporters and apologists who are now Trump victims.

Trump said he would do tariffs when he ran for POTUS in 2024. Professional economists have almost all agreed, bad, bad, bad, bad, terrible idea. Trump always thinks he knows better than everyone else. He usually doesn’t. I mean, this is the guy who bankrupted a casino.

Facts don’t matter to Trump. You knew that if you watched his tariff announcement yesterday. He displayed a chart with bogus tariff info. It shows tariffs imposed on U.S. goods. Almost all those supposed tariffs by other countries are inflated by significant amounts.

With almost no surprise, then, worldwide markets dropped after his tariffs announcement.

Some people rationalize what Trump is doing as necessary. They prophesize Trump’s tariffs will bring jobs back to the United States. Factories will spring up like mushrooms after a rain across the nation. And those factories won’t use robotics, as many modern factories do. No, they will employ human, American workers. Even though the U.S. must import many of the raw and finished materials used in modern products, imported materials which will be high-priced due to Trump tariffs, those goods produced in these new factories will be amazingly cheap because they’re made in the U.S.A. There won’t be any profit taking and price gouging, because that’s not how corporations work in the United States. And the workers in those factories will be magnificently compensated for their hourly labor because companies in the United States are known to generously pay hourly employees. Why, it’ll be the greatest economy ever!

If you believe all that, I have an automobile manufacturing plant in Ashlandia to sell you.

4

Saturda’s Wandering Political Thoughts

I caught up on reading several posts by Heather Cox Richardson that I’d missed. I appreciate the historic angle she brings to news about Truskzilla’s destruction of the United States. Reading her, I belatedly realized, gosh, I’ve been normalizing Trump and his supporters.

I thought they cared about the United States and its founding principles. Wrong.

Or that the history and heritage of this nation matters. Nope.

That they worry about the Federal deficit and trade imbalances and the stock market. No way.

That usual barometers such as court rulings, disastrous economic results, or opinion polls would have an impact. No fucking way.

That the usual things like how history will judge them matters. It doesn’t; they believe, winners write history. We’ll be the winners. We will write the history.

I did understand that they didn’t care about democracy or voter rights. I did understand that they’re racist, sexist, misogynists, and reactionary. But that was mostly to unite people and put them in office. They needed racist, sexist, reactionary misogynists as their voting base to get them in through the front door.

Those are all normal terms about the normal course of events. Using them in terms of what Trump and the Trusk Regime is doing is normalizing them.

They are not normal. Nor can what they’re doing be called normal.

The Trusk Regime is interested solely in being in power. This is a coup. They’re interested in remaking the United States as an imperial power under a dictatorship. They suggest to each other, why build that mighty military if you’re not going to use it?

Like many dictatorships, the Trusk Regime and GOTP will put up window dressing as a democracy and a republic. But they are setting up the nation to be a military force. Cutting away the things we depend upon as a society — a working and reliable Federal government, healthcare, a safe and healthy environment, Social Security, Medicare, Medicaid, to point out some — destabilizes us. Growing unemployment increases people’s desperation. Rising prices limits their options and undermines food and shelter security. Sending children back to work breaks family. Ripping apart the education system reduces the nation’s collective intelligence, and with it, its will. All of these actions, taken in blitzkrieg fashion, demoralizes a growing number of people and spreads an increasing sense of helplessness.

That makes the people ripe for propaganda.

With the economy in shambles, other nations can and will be blamed for the growing poverty and starvation. Trade wars and political differences will be magnified and amplified. Trump, a prolific liar, has perfected the arts of projecting, deflecting, and blaming. That’s why he’s been boosted into position as the head of this monster.

They have X to help spread their misinformation. AI bots. Facebook. Threads. A weakening, capitulating media, itself owned by corporations and oligarchs, has already begun joining the effort.

A frustrated, starving population provides ample troops. And just as we saw with the Cheney/Dubya Iraq and Afghanistan wars, marketing can sell false causes. Helpless people hungry for someone to blame other than themselves will be served other nations as targets.

The clock is ticking. And the war drums have already begun beating.

2

Thirstda’s Wandering Political Thoughts

It’s time to check the economy’s barometer. Dollar Tree is selling off Family Dollar after acquiring it ten years ago. Lack of synergies between the two. I admit, I confuse the two stores. They’re interchangeable in my mind. Anyway, you would think that they would have noticed the lack of synergies back when DT was thinking about buying FT. I guess that’s business.

What really struck me about the move were these insights from Dollar Tree Chief Executive Mike Creedon, with my emphasis added in bold:

With regard to consumer spending, Creedon said that Dollar Tree, like other retailers, is seeing middle-income shoppers focus more on value. “At the same time, we are seeing stronger demand from higher-income customers who increasingly see Dollar Tree as a cost-effective source for an expanding range of products,” he said during the conference call.sales

“We believe it doesn’t matter how much money you make. Everybody is hurting right now,” he said.

‘Everybody is hurting right now.’ That’s a knee slapper. I don’t think the Trusk Regime’s billionaire cabinet and their friends are hurting at all. But maybe that’s just poor, poor, cynical me. More critically, it seems that more middle class is shopping at the Dollar Tree. That’s a strong sign for the future…not.

But come on, how can we be hurting in Donald Trump’s economy? He’s making all those moves to save the government money. Well, okay, that DOGE stuff didn’t save much money. It instead destablised the government, outraged citizens, scared Republican senators and reps into hiding, caused confusion and triggered alarm, and sent the stock market down. But he added those tariffs…and took them away…and added them again…causing trade partners to retaliate. Which, yeah, hurt farmers, damaged overseas liquor sales, and has put a crimp in economic forecasts. Retailers and manufacturers have responded with layoffs and slashed their sales forecasts.

Naturally, shoppers were affected. US consumer confidence tumbles for the 4th straight month as future expectations hit a 12-year low.

The Conference Board reported Tuesday that its consumer confidence index fell 7.2 points in March to 92.9. Analysts were expecting a decline to a reading of 94.5, according to a survey by FactSet.

The Conference Board’s report Tuesday said that the measure of Americans’ short-term expectations for income, business and the job market fell 9.6 points to 65.2.

It is the lowest reading in 12 years and well below the threshold of 80, which the Conference Board says can signal a potential recession in the near future. However, the proportion of consumers anticipating a recession in the next year held steady at a nine-month high, the board reported.

“Consumers’ optimism about future income — which had held up quite strongly in the past few months — largely vanished, suggesting worries about the economy and labor market have started to spread into consumers’ assessments of their personal situations,” said Stephanie Guichard, senior economist at The Conference Board.

Oh boy, so much winning, it hurts.

0

Sunda’s Wandering Political Thoughts

I’ve been busy tracking the PINO Trusk administration’s actions. It’s like tracking a hurricane as it roars toward humanity. Oh no, where is it going to hit next? Hope those folks will be okay. Shame about those Trump voters who thought he cared about them. Hope they’re okay despite their vote. Because they’re other humans, right? They are human, right? I have that right, don’t I? I guess it could’ve been bot voters who won the day for Trump. Wouldn’t put it past DOGE and the GOTP at all. But that’s a conspiracy for another day.

Right now, I’m wondering about the tipping point. When will Hurricane Trusk cause enough damage that the majority of American citizens will come together in one voice and finally shout, “Enough, you fuckers! Stop it right now.”

That tipping point moment is predicated on multiple vectors and variables, so it’s a hard prediction. My original call was April of 2025. That’s what I told friends back at the beginning of January. I thought, hey, inflation, high prices, the contempt with which Trump treats history, minorities, and women; emptied shelves caused by trade wars, parks going to crap, and the air and water starting to stink; tourism swiftly cratering, rising unemployment, flopping tax revenues, threats against Medicare and Social Security, and people would be mighty miffed by April.

I don’t know ’bout April any longer. There’s a mass of individuals out there quite willing to endure those things. Mostly, I think, it’s because they don’t want to admit how fucking wrong they were about Trump. That they’ve been tricked, had, conned. Also because some of them are so underwater in the MAGA swamp that they won’t fully get what’s going on. Part of that will be because the right wingosphere will feed the MAGAts what they want, which is GREAT NEWS about HOW GREAT TRUMP IS, regardless of the truth. We’ve seen it before. Lot of them believe that Trump built an impenetrable wall across our southern border. Doesn’t explain why they worry about ‘illegals’ now, but then, that’s their thinking level.

If I had more energy, I’d propose a national betting pool. We could all pick a date and bet that is the tipping day. But that would be a messy thing to figure out, especially with PINO Trusk and his regime dicking with the numbers.

Maybe I’ll do it on another day. After I’d had a few glasses of beer. It seems like a beery thing to do.

3

Munda’s Wandering Political Thoughts

Are you surprised? Elon Reeves Musk pushes the falsehood, Hitler didn’t kill millions. Sure, and guns don’t kill people, people kill people. Same sort of empty sophistry. Musk says, “Their public sector workers did.” Right, and armies didn’t kill people during the war, it was the soldiers. Next, Musk will be telling us that he didn’t do anything, he was just following orders. Oh, that’s right, he already said that.

Are you surprised? ‘No pain, no gain’: GOP tells Americans to suck it up as economy worsens Emily Singer has a sweet wrap of how the GOTP are trying to tell their constituents that the pain is good for them.

Take Sen. Tommy Tuberville. Please.

“No pain, no gain. That’s what we used to tell our football players. There’s gonna be some pain with tariffs. But tariffs got us back as a strongest economy in the world when President Trump was in the first time. He knows what he’s doing. Democrats get out of the way. Shut up,” Republican Sen. Tommy Tuberville of Alabama said on Fox Business.

Yes, because a football game and working to keep you and your family from starving and safe from bad weather is exactly the same.

Senator Tuberville also gets a A in lying, saying that Trump’s tariffs got us back to the strongest economy in the world. But he is GOTP. Lying is as easy as breathing.

Are you surprised? American consumer sentiment plunges on trade war fears Americans continue to grow worried over President Donald Trump’s escalating and haphazard trade war, according to the University of Michigan’s latest consumer survey released Friday. Consumer sentiment fell 11% this month to a reading of 57.9, a preliminary reading showed, down from last month’s reading of 64.7 and reaching its lowest level since November 2022. That’s a sharp retreat from December, after the US presidential election, when sentiment rose to its highest level in months.

Most of us saw this coming but there was a large segment of the sheeple who were eager to fuck around and find out. Now, here we are.

Are you surprised? “Trump Shutters ‘Voice of America'” Trump has closed down the Voice of America, the government-run radio service that has brought news to 420 million listeners around the world since 1942, during World War II. 

Who benefits by closing the VOA?

Russia. China. North Korea. Iran. And every other authoritarian regime.

Yes, and those are Trump’s buddies.

Gosh, who could have predicted that shit?

Are you surprised? Black Medal of Honor recipient removed from US Department of Defense website Page honoring Charles C Rogers for his Vietnam war service is now defunct with letters ‘DEI’ added to website address.

So, this man, who actually served his country (unlike Donald Trump and Elon Reeve Musk) and was wounded in combat and was honored for his service, has been dismissed. That’s a slap in the face to every veteran who risked their life and spent time in the trenches to defend the Constitution of the United States.

But then, that is the Trusk Regime in a nutshell. Unsurprising in their inability to understand truth and principles. Dedicated to only furthering their own wealth, no matter how much they must lie, like that jackal, Tommy Tuberville, no matter how much the laws, history, and heritage of this nation, of this world, must be twisted and ignored. Trump claims to respect our military and veterans, but with his actions, he demonstrate otherwise.

I, for one, am not surprised.

0

Blog at WordPress.com.

Up ↑