453
As Economic Indicators Point to Recession, Trump Moves to Hide Key Data From Public
(www.commondreams.org)
We know....we all sadly knew it all along.
this post was submitted on 22 Mar 2025
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politics
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Wait... I thought Trump was going to have inflation and grocery prices fixed on day 1
I know it's been said, but it bears repeating, for the willfully ignorant in the back
He said he was being sarcastic.
That was about the Ukrainian peace deal.
Sorry, I'm having trouble keeping track.
Honestly, that's kind of the point. Shovel 20 horrific things into the pipe, you notice one, 19 horrific things slide past.
They are already doing it. Look at the illegal immigration numbers, which they released with no documentation for either Biden's ludicrously high numbers to Hitlerapig's ludicrously low numbers.
HitlerPig wouldn't release a single number for anything without sweetening it in his favor.
Everything from this administration should be assumed to be a blatant lie.
Of course
We’ve been in a recession. The word you’re looking for now is depression.
Not really, maybe a blip of something in 2021-2022, but generally the US economy as a whole has been doing alright - Real GDP. Individual people though have been getting beaten up recently, but boy is that about to get worse.
the fantasy bullshit metrics that function as a half-lottery between the ultra wealthy, those have been doing fine
but nobody can afford rent eggs are 2$ each and nobody's had a raise in years, so the way we distribute our resources WAS fine, but the lottery got weeird, so now our stuff is gonna get even more exploitative
read that back to yourself, dear.
I don't disagree. My point was that we weren't in a recession. Things may have been bad for many people, but that was when the "economy" was doing well.
Current indications are that the "economy" is heading for a downturn. If things were already rough for people, it certainly isn't going to get better if that happens.
why not? it's nonsense. it going up is never good. seems like it going down would just be an excuse too.
That's a fair criticism, if things can get worse for people when we aren't in a recession, then why would we care about recessions.
The truth is that a recession is just one metric that we use to track the economy. However, the economy is a big complex system and things like recession are there to track a global state, and aren't refined enough to track things like inequality.
One failing in recent times for economic data is around "full employment vs part time employment" and other things like "is this person making a livable wage". The hard thing with a lot of inequality or livable wage discussions is they are inherently political and not something that is as easy to track/detail/communicate/etc. vs numbers like GDP.
So, yes having better numbers would be great, but most likely this admin will fudge and hide numbers making things even more difficult to track (both now and in the future). Additionally while people are hurting now, during a recession even more people will be hurting (and most likely hurting worse than they are now).
"economic"
so, the economy is just who's doing what work, who's getting what reward for it, and how we decide which work gets done.
and it doesn't seem like the stock market and GDP and all that nonsense is ever anything but an excuse for that. it's just the casino rich people play at.
I guess he will hang up curtains in the market aisles, so that people don't know that they are bare at a glance.
Housing market crash when?
Probably never. Land is a very finite resource violently controlled by a smaller and smaller group of people. There's no reason for them to dump their holdings. People literally need land to survive. It's the ultimate and original capitalist cash cow. It's a fundamental pyramid scheme on human needs along with food, water, air, etc. That's a very solid foundation in a fascist police state.
when even weathier than average citizens can't afford it, then billionaires can buy up everything for chump change and squeeze that money back out of the populace with absurd rent that nobody will even try to undercut. especially now that anyone with one or more brain cell knows this whole idea of 'checks and balances' only applies to the poor
And once people have nothing left to lose and their families are starving they drag the rich into the streets and beat them to death with asphalt torn from the roads. History has repeated this scenario over and over again.
As of 2023 there are 735 billionaires in the US, and 340,000,000 non-billionaires.
Why hasn't this happened in Russia?
Part history, part cultural differences. It would take quite the write-up to get into those two in relation to Russia, but that's the short answer.
Memory of conditions following the collapse of the USSR? For the most part conditions are still way better than they were 30 years ago in Russia, but who knows if they keep sliding back
Welp...
If you don't test for recession, there can't be any recession, right...???
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