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Johnny2X2X

(24,299 posts)
21. It's going to get bad, very bad
Tue Apr 14, 2026, 12:55 PM
12 hrs ago

People who know my posting history, know I often dissuade people from making financial decisions based on politics. Trump didn't destroy the economy in his first term until Covid.

But things are going to be very bad. The economy is a job creating machine, the job creation machine has created virtually no jobs for over a year now. That's a freaking disaster and will be more impactful than inflation. People losing their jobs will just be stuck looking for work for month after month and then year after year. We needed to create 2 million more jobs than we did since Trump took over to drive growth. We have a 2 million job deficit that is going to bludgeon the working class for years to come.

Recommendations

2 members have recommended this reply (displayed in chronological order):

$8.00 for a pound of ground beef at my local Kroger, $9.00 for ground chuck. bearsfootball516 15 hrs ago #1
My part of the country was worse in the 1980s but that said dsc 15 hrs ago #2
With ya.. I grew up in the 80's and remember Reagenomics all too well.. Imallin4Joe 15 hrs ago #7
Eating out for two at a crappy place is now 30-50 bucks dalton99a 15 hrs ago #3
Brunch for 3 on Sunday was $83. plus tip, $99. mnhtnbb 15 hrs ago #5
Consumer Sentiment index at a record low Strelnikov_ 15 hrs ago #4
And trending down further dalton99a 15 hrs ago #8
If that graph was flying a jet.. Imallin4Joe 15 hrs ago #12
Perhaps you are too young to remember the double digit inflation of the late 70's-early 80's Fiendish Thingy 15 hrs ago #6
Nope, I fully remember high interest rates and inflation.. Imallin4Joe 15 hrs ago #10
The impact on you seems to have faded with the passage of time Fiendish Thingy 15 hrs ago #11
And let's not forget the gas shortages Bobstandard 14 hrs ago #16
Yes, 14% home loans, stagflation, gas lines, thousands of Vietnam vets looking for jobs. CanonRay 14 hrs ago #15
world economies are in a complete mess samsingh 15 hrs ago #9
Developing countries will slide back toward deprivation, poverty, violence, mass migration dalton99a 14 hrs ago #13
Meh. You were around for the late 80's That was plenty ugly, but you Maru Kitteh 14 hrs ago #14
This message was self-deleted by its author PeaceWave 12 hrs ago #22
Amazed and so in awe of the people in the thread who had to walk to school uphill BOTH WAYS. BannonsLiver 14 hrs ago #17
Well Timewas 14 hrs ago #18
Not the worst in my 59 years, but a really bad combo JCMach1 13 hrs ago #19
It's a horrible economy. When a right-wing lunatic tells you about how good the DOW Emile 13 hrs ago #20
It's going to get bad, very bad Johnny2X2X 12 hrs ago #21
The Supreme Court rulled against his tariffs. spanone 12 hrs ago #23
Latest Discussions»General Discussion»I'm 55. This is the worst...»Reply #21