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Business, Economics, and Taxes 2: That's Why We Fight to Take the Means Back
- Thread starter Kepler
- Start date
aparch
Acetaminamerican
Carl Quintanilla (@carlquintanilla.bsky.social)
NY FED: Percentage of households who think their financial situation will be better off over the next year: Matches a two-year low. @nicktimiraos.bsky.social https://www.newyorkfed.org/microeconomics/sce#/
bsky.app
Interesting things to note (and I commented the same on B'sky) on that chart. And yes I know this is nothing more than gas bubbles passing as gut feelings...
- Quite the plateau in financial feel by households during the first Trump administration.
- Despite a bump after the Covid drop, the feeling again plateaus under Trump 1.
- The feeling of "Yay! We can go out again!" has cold water quickly thrown on it when inflation catches up with a year and a half of nothing.
- Things improve under Biden on the back end of his tenure, including a big spike when Kamala appears to be the winner.
- Holy hell that drop when Kamala doesn't win.
ticapnews
Never graduate.
A reporter asked why a bailout was necessary if things were going so well. The answer was that this was a "bridge" to tide them over to next year when the economy really picks up.
It seems they're learning from Jacob Rees-Mogg, who famously said it might take 10 years or more for England to realize the financial benefits of Brexit. "Two weeks" just won't cut it anymore.
FadeToBlack&Gold
Microlot Marxist
They need some of that sweet, sweet socialism that is so bad for the average American who isn't a millionaire.
ScoobyDoo
NPC
It's great for Musk and Bezos.
rufus
rock and roller
Back in April, it was gonna be September.
Handyman
Hug someone you care about...
Cartoon Brew (@cartoonbrew.bsky.social)
2,000 laid-off Paramount employees are wondering where tf the company just found $100 billion.
bsky.app
Handyman
Hug someone you care about...
Kepler
Si certus es dubita
The Republican health care plan has been two weeks away for 9 years.
Handyman
Hug someone you care about...
Karl Bode (@karlbode.com)
Jared Kushner's involvement was "not mentioned in Paramount's press release on Monday morning about its $108 billion bid, nor were participating sovereign wealth funds from Saudi Arabia, Abu Dhabi and Qatar." fancy that https://www.axios.com/2025/12/08/jared-kushner-paramount-warner-bros-netflix
bsky.app
Kepler
Si certus es dubita
10-year Dow.
It is working exactly as designed. As long as the market continues to rise the policies will stay the same. They are serving their constituency: corporate capital.