Feds to take control of 2000 Cali National Guardsmen for anti ICE riots

[CriticalStinker]

Well the numbers look good and prove he has an idea of what he is doing despite every expert saying that it would be a total disaster. At what point do you become convinced? Is there something that you are watching or waiting for that indicates to you that the economy is on the right track?

If interest payments become the number one expenditure for the federal government, we’re screwed. Our economy could be strong, but that burden on interest payments will either force up inflation with printing of money, or cause chaos with taxing.

The only other alternative is artificially driving down interest rates. While it seems like a good idea at a glance, when you reduce interest rates, it increases lending. Loans are a big source of inflation, as with fractional reserve banking you can loan out 10x than you hold as a bank. Meaning loans are a creation of monetary supply.

You can look up interest rate vs M2 money supply, then compare it to inflation, all three trend with eachother.

[SomeStupidName]

"Vanishing immigration is the ‘real story’ for the economy and a bigger supply shock than tariffs, analyst says"
"“While everyone is focused on the impact of tariffs, the real story for the U.S. economy is the collapse in immigration: down more than 90% compared to the run rate of previous years, equivalent to a slowing in labour force growth of more than 2 million people,” George Saravelos, head of FX research at Deutsche Bank, wrote in a note on Friday. “This represents a far more sustained negative supply shock for the economy than tariffs.”"

"Deutsche Bank warned the collapse of immigration will have broader implications in financial markets, including for the dollar, which has already been battered by Trump’s aggressive tariff campaign."

Immigration collapse is the ‘real story’ for the economy | Fortune

AI:
While Deutsche Bank's core business has improved since Mr Sewing took over, it has struggled with legacy problems. The German lender has been fined by regulators in Britain and the US over laundering Russian money and over its relationship with disgraced financier Jeffrey Epstein

[SomeStupidName]

Just pointing out the realities which you are ignoring.

No, this is going exactly to plan. You don't understand capitalism.

[quintessentone]

"A study from the University Colorado Denver estimated that for every 1 million workers deported, 88,000 U.S. native workers lost employment. With fewer workers, businesses have a harder time investing in expansion, and there are fewer consumers in the economy."

How California ICE raids reverberate across the labor market

[quintessentone]

No, this is going exactly to plan. You don't understand capitalism.

We all need to understand capitalism:

"Overview of CapitalismCapitalism is defined as an economic system where private individuals or businesses own the means of production and operate for profit. The production and pricing of goods and services are determined by market forces, primarily through supply and demand. This system encourages competition, innovation, and efficiency, which can lead to economic growth and improved living standards. 

Investopedia+1Benefits of Capitalism

1. Economic Growth: Capitalism has historically led to significant economic growth and increased productivity. The competition among businesses drives innovation and efficiency, resulting in a wider variety of goods and services available to consumers. 
   
   
   
2. Consumer Choice: In a capitalist system, consumers have the freedom to choose from a variety of products and services, which can lead to better quality and lower prices due to competition among producers. 
   
   
   
3. Incentives for Innovation: The profit motive encourages entrepreneurs to develop new products and technologies, fostering an environment of innovation that can benefit society as a whole. 
   
   
   

Criticisms of Capitalism

1. Inequality: One of the major criticisms of capitalism is that it can lead to significant economic inequality. Wealth tends to accumulate among those who already have capital, which can create disparities in income and access to resources. 
   
2. Instability: Capitalism is often associated with economic cycles of boom and bust, leading to financial crises and job insecurity. Critics argue that this instability can have detrimental effects on society. 
   
3. Social Harms: The pursuit of profit can sometimes result in negative social outcomes, such as environmental degradation and poor working conditions. Critics argue that without regulation, businesses may prioritize profits over social responsibility."
   

[PorkChop96]

I understand how AI works, you obviously do not.

I don't think you even understand what AI stands for, or else you wouldn't be using it as a basis for "fact".  Not surprised

[quintessentone]

I don't think you even understand what AI stands for, or else you wouldn't be using it as a basis for "fact".  Not surprised

Did you deliberately gloss over or rather totally ignore the Fortune source and other valid sources I posted?

[SomeStupidName]

If interest payments become the number one expenditure for the federal government, we’re screwed. Our economy could be strong, but that burden on interest payments will either force up inflation with printing of money, or cause chaos with taxing.

The only other alternative is artificially driving down interest rates. While it seems like a good idea at a glance, when you reduce interest rates, it increases lending. Loans are a big source of inflation, as with fractional reserve banking you can loan out 10x than you hold as a bank. Meaning loans are a creation of monetary supply.

You can look up interest rate vs M2 money supply, then compare it to inflation, all three trend with eachother.

I disagree, the tax in this case is the tariffs which should work 2 fold one to inject the needed revenue from our missing production and 2 allow us to start manufacturing what we can at a fair trade value so we can't be undercut by slave labor. After a couple years of this we should see more jobs in production and manufacturing and more people with money to spend. This isn't an overnight process and it will take the citizens of this nation to make it happen, you just want it to fail. We followed the "experts" for decades where did that get us? Oh yeah right where we are, so lets give this a go if we fail you can have your dumb Marxism you so desperately want.

[SomeStupidName]

"A study from the University Colorado Denver estimated that for every 1 million workers deported, 88,000 U.S. native workers lost employment. With fewer workers, businesses have a harder time investing in expansion, and there are fewer consumers in the economy."

How California ICE raids reverberate across the labor market

It's been 5 days since that raid that's not enough time for a study and let me guess that study was funded by USAID free money to promote democrat propaganda. You can quote all you like none of your sources strike me as having unbiased facts.

[quintessentone]

"What the researchers found was, in a word, devastating. The impact of raids on families, communities, and children—many of whom are U.S. citizens—was the complete devastation of family economic security and mental and physical wellbeing. Specifically, they identified several disturbing consequences for children and families already affected by the stresses of poverty, increased anti-immigrant discrimination, and constantly changing immigration policies.
 
As a legal service provider in Ohio put it: “Family separation is family separation, whether it’s a border agent prying a baby from its mom’s arms or leaving a kid at school with no one to pick them up. It’s the same crime against humanity I would say.”"

[Executive Summary] The Day That ICE Came: How Worksite Raids Are Once Again Harming Children and Families | CLASP

"When asked if they thought their life was better here in the United States or back in their country, three parents—all indigenous Guatemalans—paused for a long time. One father reflected, “It’s a hard life here and there. Here we are discriminated against and are persecuted by ICE. In our country we are discriminated against and persecuted by poverty and crime.” After contemplating a few minutes, they all passionately agreed on the answer: “The reason we endure the suffering here is for our children. For them and their future, the sacrifice is worth it.””"
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You all would do the same thing if put in their position.