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?
Michael Seidel, writer 