British journalist Sami Hamdi detained by US authorities

[putnam6]

Welp, prices aren't going down, debt isn't going down. So I guess none of our priorities are being met anyways.

Inflation isn't that high .1% over the 2024 average, but I'd expect it will go up slightly in November, it isn't outrageous 

[CriticalStinker]

It's a process.

If you are unable to grasp the global ramifications, then I can't really help you.

Here.

I'll dangle my key chain.

See the nice pretty??

 

• October 30, 2025: General Motors is laying off thousands of workers across multiple electric vehicle and battery plants in the U.S. -around 1,200 employees at its EV factory in Detroit.
  
• October 29, 2025: Paramount will lay off roughly 2,000 workers across the media company.
  
• October 28, 2025: UPS announced layoffs of 48,000 employees—14,000 in management positions and 34,000 in operations roles.
  
• October 28, 2025: Amazon announced it would cut 14,000 jobs.
  
• October 27, 2025:  General Motors has let go of over 200 salaried employees, mainly CAD engineers, at its Michigan tech campus. 
  
• October 25, 2025:  Target will lay off around 1,000 employees.
  

Multiple sectors.

Why would companies relocate when SCOTUS might shoot down a bunch of the tariffs in the next month, or another admin could take power and change how things are done?

This wasn't passed by congress, so it would be incredibly easy to reverse. If this was a bill, that would give it a bit more certainty.

On top of that, most metrics show the economy is retracting, except the stock market. And even with the stock market, most industries are under 1% growth, with AI pulling the market up. Nvidia is 16% of the US GDP now.

That's a huge gamble, one that will have pain either way. Either it is a bubble, and it pops, or AI is a success, and starts to take peoples jobs. That is the express intent of many of the AI CEO's, and they've said it out loud. So what, we tariff the whole world to make everything expensive, re shore industry, but it's run by robots and AI.

A lot of this is being propped by the government and accelerated. 

People share different opinions on politics domestic, and global. Just because Trump and the right have thrown everything into this doesn't make it right. Less we forget his first term where 25% of the nations debt, yet I'm supposed to humble myself to this strategy that has proven to be so profound.

[CriticalStinker]

Inflation isn't that high .1% over the 2024 average, but I'd expect it will go up slightly in November, it isn't outrageous 


[Image: https://denyignorance.com/uploader/image...30-607.jpg]

The target is 2%, also that is compound inflation just like interest. The dollar has also dropped about 10% since the beginning of the year, the worst drop since the 70's.

[putnam6]

The target is 2%, also that is compound inflation just like interest. The dollar has also dropped about 10% since the beginning of the year, the worst drop since the 70's.

Yeah man, Im as broke as Ive ever been as an adult, and I'm still more optimistic we are nowhere near a recession and we just now know we aren't going to be swamped with tariffs with China givr it time the government has been shutdown 30 days we got a lot of moving parts 


A recession is much larger and more disruptive than the current  .4% inflation and a 1.1% increase in unemployment.

All Ive pointed out is a recession, which is what many feared from the tariffs,  DID NOT OCCUR, and is not even close to occurring. The Federal Chairman points this out in his interview video at the link.

https://x.com/EricLDaugh/status/1970596344596439503


for perspective,

that .4% increase or higher in inflation over 2024 has occurred 20 times since 1970 

and

 The current U.S. inflation rate of 2.9% (August 2025) is:

• Higher than 13 years since 1970 (e.g., 1998, 2009, 2015).
  
• Lower than 30 years (e.g., 1970–1982, 2021–2023).
  
• Approximately equal to 6 years (1993, 1995, 1996, 2001, 2007, 2024, with rates between 2.83% and 2.95%).
  

With all that is going on, don't tell me you think Kamala and Tim are better?

[CriticalStinker]

Yeah man, Im as broke as Ive ever been as an adult, and I'm still more optimistic we are nowhere near a recession and we just now know we aren't going to be swamped with tariffs with China givr it time the government has been shutdown 30 days we got a lot of moving parts 


A recession is much larger and more disruptive than the current  .4% inflation and a 1.1% increase in unemployment.

All Ive pointed out is a recession, which is what many feared from the tariffs,  DID NOT OCCUR, and is not even close to occurring. The Federal Chairman points this out in his interview video at the link.

https://x.com/EricLDaugh/status/1970596344596439503


for perspective,

that .4% increase or higher in inflation over 2024 has occurred 20 times since 1970 

and

 The current U.S. inflation rate of 2.9% (August 2025) is:

• Higher than 13 years since 1970 (e.g., 1998, 2009, 2015).
  
• Lower than 30 years (e.g., 1970–1982, 2021–2023).
  
• Approximately equal to 6 years (1993, 1995, 1996, 2001, 2007, 2024, with rates between 2.83% and 2.95%).
  

With all that is going on, don't tell me you think Kamala and Tim are better?
[Image: https://denyignorance.com/uploader/images/giphy (1).gif]

If we just experienced record inflation, being over the target of 2 is bad, it's not sound fiscal policy. And it hasn't been at all since it started, left and right.

I didn't vote for Kamala. I've never voted for a democrat president in my life. It's a lost party who has been absolutely tone deaf. That said, using them as a bar isn't impressive, IMO.

[putnam6]

If we just experienced record inflation, being over the target of 2 is bad, it's not sound fiscal policy. And it hasn't been at all since it started, left and right.

I didn't vote for Kamala. I've never voted for a democrat president in my life. It's a lost party who has been absolutely tone deaf. That said, using them as a bar isn't impressive, IMO.

#1 Im just talking here, living the dream

But we are much better off, and while it might be a function of how shitty things were during COVID. Thats just my small reality, we have recently got back to living past the monthly 30-day window.

Life as an independent contractor can be a bit of a gamble, but we are set up for a good run, and our industry has always been hypersensitive economically. 

Hurricane Katrina set us back 2 years easily....


But currently, the manufacturer, supplier, and retailer are optimistic, we have 60 days left in our 2025 cycle, and only one supplier hasn't passed 2023-2024 numbers, and they are so close it shouldn't be a problem, and that was with a tariff-sensitive industry since APRIL.

[cherokeetroy]

Now it's MAGA's turn to gaslight us about how great the economy is just like Biden did for 4 years

[putnam6]

Now it's MAGA's turn to gaslight us about how great the economy is just like Biden did for 4 years

Why would anybody watch Fox or any mainstream media and believe ANY article or op-ed? All articles and news stories need to be vetted and analysed. Especially the financial news...

Still, it's hard to ignore historical inflation figures; it's basic maths.....

https://www.usinflationcalculator.com/in...ion-rates/

[UltraBudgie]

Still, it's hard to ignore historical inflation figures; it's basic maths.....

CPI numbers always seem a little off to me, I think because of how they weight the various categories:



Food, medical, and education/communication, which I think are where a lot of the price increase has happened specifically, are weighted much lower than housing and transportation.

Nonetheless, I miss 2009.

[putnam6]

CPI numbers always seem a little off to me, I think because of how they weight the various categories:

[Image: https://denyignorance.com/uploader/images/31266.jpeg]

Food, medical, and education/communication, which I think are where a lot of the price increase has happened specifically, are weighted much lower than housing and transportation.

Nonetheless, I miss 2009.

There's more to life than money. But the thing is, im not an urban consumer, and all my percentages are different, costs are easily 10% or higher across the board in urban compared to suburban and rural

2009 seems like 2 lifetimes ago

I made a lot more but spent a lot too, and was relatively happy but stressed to the max. 

But if I knew then what i know now.