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Johnny2X2X

(24,320 posts)

21. It's going to get bad, very bad

Reply to Imallin4Joe (Original post)

Tue Apr 14, 2026, 12:55 PM

Tuesday

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.

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dalton99a Sowhat13

23 replies

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Highlight:

I'm 55. This is the worst economy i've ever seen. [View all] Imallin4Joe Tuesday OP

$8.00 for a pound of ground beef at my local Kroger, $9.00 for ground chuck. bearsfootball516 Tuesday #1

My part of the country was worse in the 1980s but that said dsc Tuesday #2

With ya.. I grew up in the 80's and remember Reagenomics all too well.. Imallin4Joe Tuesday #7

Eating out for two at a crappy place is now 30-50 bucks dalton99a Tuesday #3

Brunch for 3 on Sunday was $83. plus tip, $99. mnhtnbb Tuesday #5

Consumer Sentiment index at a record low Strelnikov_ Tuesday #4

And trending down further dalton99a Tuesday #8

If that graph was flying a jet.. Imallin4Joe Tuesday #12

Perhaps you are too young to remember the double digit inflation of the late 70's-early 80's Fiendish Thingy Tuesday #6

Nope, I fully remember high interest rates and inflation.. Imallin4Joe Tuesday #10

The impact on you seems to have faded with the passage of time Fiendish Thingy Tuesday #11

And let's not forget the gas shortages Bobstandard Tuesday #16

Yes, 14% home loans, stagflation, gas lines, thousands of Vietnam vets looking for jobs. CanonRay Tuesday #15

world economies are in a complete mess samsingh Tuesday #9

Developing countries will slide back toward deprivation, poverty, violence, mass migration dalton99a Tuesday #13

Meh. You were around for the late 80's That was plenty ugly, but you Maru Kitteh Tuesday #14

This message was self-deleted by its author PeaceWave Tuesday #22

Amazed and so in awe of the people in the thread who had to walk to school uphill BOTH WAYS. BannonsLiver Tuesday #17

Well Timewas Tuesday #18

Not the worst in my 59 years, but a really bad combo JCMach1 Tuesday #19

It's a horrible economy. When a right-wing lunatic tells you about how good the DOW Emile Tuesday #20

It's going to get bad, very bad Johnny2X2X Tuesday #21

The Supreme Court rulled against his tariffs. spanone Tuesday #23