JonathanTrump and the economy thread 🧵
Did Trump really say he would rate his performance on the economy " 'A' plus plus plus plus plus"?
🤡
Worst. Dictator. Ever.
"They caused the high prices and we're bringing them down. It's a simple message."
- Donald Trump
Literally repeating what his handlers told him before he went on stage and not realizing the last part is instruction to him. 🤡
He also said he seized the biggest tanker ever.
Everything with this guy is the biggest ever. He just repeats his same stupid talking points every time.
Trump calling Somalia a shithole country reminds me that every accusation is s confession with these people.
Listening to PBS NewsHour, December 10th, and Tiffany Smily (sp?) Republican senate candidate was on.
Everything she said was a pack of lies.
Everything Republicans say is a pack of lies.
Consumer confidence is the lowest it's been since 2014.
https://thehill.com/business/economy/5709034-consumer-confidence-index-january-fall/
"The Labor Department reported on Thursday that job openings in December unexpectedly dropped to their lowest level since mid-2020, during the heart of the Covid-19 pandemic. It’s a sign that companies have cooled on hiring despite an economic expansion that the White House has framed as the dawn of a new Golden Age." (Fake gold)
https://www.politico.com/news/2026/02/05/job-openings-plummet-trump-economy-00767201
"The research firm Challenger, Gray and Christmas reported that companies announced plans to cut more than 108,000 positions last month, more than double the layoffs tallied in January 2025. The payroll processing firm ADP said private sector firms added just 22,000 jobs in January — a sign of tepid payroll growth. And jobless claims spiked last week."
_More than half of small businesses say U.S. no longer reliable: CFIB data_
"A report released Wednesday by the Canadian Federation of Independent Business (CFIB) shows that 52 per cent of business owners surveyed agreed with this sentiment.
Three-quarters of small businesses that participated, or 75 per cent, said tariffs have strained their relationship with U.S. partners or clients, which is up from 49 per cent a year ago."
https://globalnews.ca/news/11715856/canada-small-business-united-states-survey-cfib/
The most pessimistic economist estimated that there would be 9,000 jobs lost and instead in February the United States lost 90,000.
Over the entirety of 2025, no jobs were created.
This is the worst time for jobs outside the pandemics since 2009.
And now inflation is rising because of oil costs.
Trump is a moron and he is destroying the economy. And it's all coming home to roost right now.
Jobs are down and inflation is stubbornly high.
But Trump gives himself a 12 out of 10 on his handling of the economy. 🤡
(Or whatever nonsense he blathered recently. It's not even worth paying attention to.)
The United States now spends more in interest on their debt than they do on defense, which is saying a lot for the United States.
"Perhaps the most alarming dimension of the crossing is what it costs just to carry the debt. Net interest payments on the national debt are projected to exceed $1 trillion in fiscal year 2026—nearly triple the $345 billion in interest the government paid in 2020, at the onset of the pandemic. ...
... In the first three months of the current fiscal year alone, net interest payments reached $270 billion, already surpassing the nation’s defense spending for the same period."
https://fortune.com/2026/03/18/how-big-national-debt-39-trillion-trump-promises/
There is no measure by which Trump is doing a good job, except perhaps hiding evidence of being a pedophile. 🤷
The United States debt to GDP ratio is about 120%.
Italy's is 133%.
https://en.wikipedia.org/wiki/National_debt_of_the_United_States
Well when one votes a six or seven time bankrupt President of the United States, I suppose it's a reasonably foreseeable outcome that he will bankrupt the United States.
"The annualized cost of servicing this debt was $726 billion in July 2023, which accounted for 14% of the total federal spending"
Oh Fannie Mae and Freddie Mac's obligations are not included. Not sure amount
Also unfunded liabilities of 46 trillion dollars, including such items as Social Security obligations for future years, are not included
"The present value of these deficits or unfunded obligations is an estimated $45.8 trillion. This is the amount that would have had to be set aside in 2009 in order to pay for the unfunded obligations which, under current law, will have to be raised by the government in the future."
Trump is going to allow you to invest in Ponzi schemes via your 401k.
He's the best. 🤡
Current interest paid this fiscal year is over $600 billion and we are just now entering April.
The annual interest payable should be around 3 trillion, with a T, for this fiscal.
This is at an average interest rate (across all debts) of about 3.4%.
https://fiscaldata.treasury.gov/interest-expense-avg-interest-rates/
Green Roc Thoughts@jmcrookston Reminds me of the time someone told me why they voted for Trump "He gets shit done"
Welp, he certainly is doing something shitty. It aint good.
oaktree@jmcrookston Wow. When that shit hits the fan, soon, it will spray the whole world.
The 2008 financial crisis compared to what is rotting here is like comparing a gentle breeze to a cat 5 hurricane.
How many people understand this and are ready for it ?
The 2008 financial crisis compared to what is rotting here is like comparing a gentle breeze to a cat 5 hurricane.
How many people understand this and are ready for it ?