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Johnny2X2X

(24,300 posts)
21. It's going to get bad, very bad
Tue Apr 14, 2026, 12:55 PM
23 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 Yesterday #1
My part of the country was worse in the 1980s but that said dsc Yesterday #2
With ya.. I grew up in the 80's and remember Reagenomics all too well.. Imallin4Joe Yesterday #7
Eating out for two at a crappy place is now 30-50 bucks dalton99a Yesterday #3
Brunch for 3 on Sunday was $83. plus tip, $99. mnhtnbb Yesterday #5
Consumer Sentiment index at a record low Strelnikov_ Yesterday #4
And trending down further dalton99a Yesterday #8
If that graph was flying a jet.. Imallin4Joe Yesterday #12
Perhaps you are too young to remember the double digit inflation of the late 70's-early 80's Fiendish Thingy Yesterday #6
Nope, I fully remember high interest rates and inflation.. Imallin4Joe Yesterday #10
The impact on you seems to have faded with the passage of time Fiendish Thingy Yesterday #11
And let's not forget the gas shortages Bobstandard Yesterday #16
Yes, 14% home loans, stagflation, gas lines, thousands of Vietnam vets looking for jobs. CanonRay Yesterday #15
world economies are in a complete mess samsingh Yesterday #9
Developing countries will slide back toward deprivation, poverty, violence, mass migration dalton99a Yesterday #13
Meh. You were around for the late 80's That was plenty ugly, but you Maru Kitteh Yesterday #14
This message was self-deleted by its author PeaceWave 23 hrs ago #22
Amazed and so in awe of the people in the thread who had to walk to school uphill BOTH WAYS. BannonsLiver Yesterday #17
Well Timewas Yesterday #18
Not the worst in my 59 years, but a really bad combo JCMach1 Yesterday #19
It's a horrible economy. When a right-wing lunatic tells you about how good the DOW Emile Yesterday #20
It's going to get bad, very bad Johnny2X2X 23 hrs ago #21
The Supreme Court rulled against his tariffs. spanone 23 hrs ago #23
Latest Discussions»General Discussion»I'm 55. This is the worst...»Reply #21