The Economy

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movielover
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In reply to DiabloWags • 11:34a, 1/27/26
Doesn't take a genius to figure it out. Dr Bill on KGO railed about this for decades.

When I worked in Marin I heard their Mt. Tam fire road was in poor condition; imagine a fire there or in Mill Valley. No good. Same thing for Sonoma. I traveled there 4x a month one summer and never saw a stitch of road maintained, fires that followed didn't surprise me.

Our city fire crews earn great salaries and rarely conduct controlled burns. (For safety, double the coverage crew.)
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movielover
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11:57a, 1/27/26
Legendary Congresswoman Barbara Jordan and her group studied immigration years ago and suggested a 5-year moratorium on all immigration to allow less-fortunate Americans to catch up.

We've seen a net decrease in immigration of 2.5 million. Many self deport. If the Democrats win the House in November they'll probably cut funding, rig elections again, stop investigations of mass fraud, and impeach Trump. If they win the WH in 2028 they open the border, flood the country, and our downfall continues.
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PAC-10-BEAR
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In reply to DiabloWags • 12:04p, 1/27/26
DiabloWags said:
Maybe we should start a SILVER THREAD.

Do it.
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cal83dls79
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12:36p, 1/27/26
Be Best. Not sure people here can speak for people speaking for Jordan.

https://www.splcenter.org/resources/hatewatch/anti-immigrant-movements-dishonest-portrayal-barbara-jordan/
Priest of the Patty Hearst Shrine
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movielover
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In reply to cal83dls79 • 1:40p, 1/27/26
AI: "Workforce Protection: Jordan advocated for ending the admission of low-skilled workers, arguing it was not in the national interest, as it could depress wages for vulnerable American workers."

"Enforcement Focus: She strongly pushed for robust, technology-based systemsthe precursor to E-Verifyto prevent illegal hiring."

"Jordan emphasized that to maintain a "generous" legal immigration system, the country must have the "strength to say no" to illegal immigration and unnecessary, low-skilled immigration."

Jordan Cimmission: "people who should not enter are kept out; and people who are deportable should be required to leave"."

No benefits, no benefits to illegal immigrants.

Maybe 5 minutes of Ms. Jordan on the topic.

https://www.instagram.com/reel/DK05P7IKy8a/?igsh=MzRlODBiNWFlZA==
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cal83dls79
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In reply to movielover • 2:00p, 1/27/26
movielover said:
AI: "Workforce Protection: Jordan advocated for ending the admission of low-skilled workers, arguing it was not in the national interest, as it could depress wages for vulnerable American workers."

"Enforcement Focus: She strongly pushed for robust, technology-based systemsthe precursor to E-Verifyto prevent illegal hiring."

"Jordan emphasized that to maintain a "generous" legal immigration system, the country must have the "strength to say no" to illegal immigration and unnecessary, low-skilled immigration."

Jordan Cimmission: "people who should not enter are kept out; and people who are deportable should be required to leave"."

No benefits, no benefits to illegal immigrants.

Maybe 5 minutes of Ms. Jordan on the topic.

https://www.instagram.com/reel/DK05P7IKy8a/?igsh=MzRlODBiNWFlZA==
thanks for the links was a big fan of hers especially during watergate. Was glued to the tv.
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movielover
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In reply to cal83dls79 • 5:19p, 1/27/26
Loved her mind and voice, there's a statue of her in the Austin Airport.
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cal83dls79
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10:27p, 1/27/26
https://attheu.utah.edu/business/what-mass-deportation-means-for-housing-costs/
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Eastern Oregon Bear
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In reply to cal83dls79 • 10:31a, 1/28/26
cal83dls79 said:
https://attheu.utah.edu/business/what-mass-deportation-means-for-housing-costs/

That goes along with what I was saying elsewhere. Fewer construction workers = fewer homes and apartments being built. Lower supply leads to more competition for the limited resource = higher prices.
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tequila4kapp
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12:21p, 1/28/26
Big layoffs announced at UPS (30K), Amazon (16K) and Washington Post ("major").
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DiabloWags
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In reply to tequila4kapp • 12:26p, 1/28/26
tequila4kapp said:
Big layoffs announced at UPS (30K), Amazon (16K) and Washington Post ("major").


Also interesting to note, that according to Indeed, posted wage growth slowed to 2.08% in December, a fresh low. If advertised pay in job posting is slowing, actual wage growth will likely moderate as well. This slowdown could take some pressure off non-housing services inflation.

"Cults don't end well. They really don't."
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DiabloWags
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12:33p, 1/28/26
On another note, I just read this fascinating piece by Peter Orszag, the CEO and Chairman of Lazard and a board member of the Peterson Institute and his colleague at Peterson, Adam Posen who is the President there.

Definitely a very good read!

(5) The Risk of Higher U.S. Inflation in 2026 | LinkedIn






"Cults don't end well. They really don't."
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smh
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In reply to tequila4kapp • 12:35p, 1/28/26
tequila4kapp said:
Big layoffs announced at UPS (30K), Amazon (16K) and Washington Post ("major").

lotta us libs and moderates bailed from washington post when deeep pocket management bought in # things change
< Im not sick, but im not well; sometimes it feels.. >
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chazzed
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11:35p, 1/28/26
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BearlySane88
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In reply to chazzed • 5:47a, 1/29/26
chazzed said:


300,000+ were government sector, the largest in any sector.
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movielover
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In reply to BearlySane88 • 6:10a, 1/29/26
How many NGO layoffs?
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Aunburdened
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In reply to chazzed • 9:33a, 1/29/26
chazzed said:

Amazing how liberals' curiosity about the state of the job market has gone up 58% after spending four years telling people to stop whining about their economic concerns.
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Eastern Oregon Bear
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In reply to BearlySane88 • 9:33a, 1/29/26
BearlySane88 said:
chazzed said:


300,000+ were government sector, the largest in any sector.
I doubt it really matters whether the lost jobs were in the public or private sector. If it's such a good thing, let's just cut out all jobs everywhere.

By the way, even if you ignore the 300,000 government job losses, it's still the worst year since the 2008 financial crisis, aside from 2020.
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BearlySane88
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In reply to Eastern Oregon Bear • 9:40a, 1/29/26
Eastern Oregon Bear said:
BearlySane88 said:
chazzed said:


300,000+ were government sector, the largest in any sector.
I doubt it really matters whether the lost jobs were in the public or private sector. If it's such a good thing, let's just cut out all jobs everywhere.

By the way, even if you ignore the 300,000 government job losses, it's still the worst year since the 2008 financial crisis, aside from 2020.


Bloated government matters to me. One of the reasons I voted for Trump.

A lot of the rest can be chalked up to AI. Good or bad, that's up for debate
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DiabloWags
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In reply to Eastern Oregon Bear • 9:43a, 1/29/26
Eastern Oregon Bear said:
BearlySane88 said:
chazzed said:


300,000+ were government sector, the largest in any sector.

I doubt it really matters whether the lost jobs were in the public or private sector. If it's such a good thing, let's just cut out all jobs everywhere.

By the way, even if you ignore the 300,000 government job losses, it's still the worst year since the 2008 financial crisis, aside from 2020.


Exactly.

I've seen a handful of Trump voters tout the loss of government jobs in this forum.
Yet, at the end of the day this still "tanks" the U.S. economy.
Their logic escapes me.

More than 1 million jobs were cut in 2025.
This has only happened four other times in the last 32 years.

2001 - The Dot-Com Bust
2008-2009 - The Great Recession
2020 - Covid

Job Losses Pass 1 Million For 2025, With Grim Outlook For Seasonal Hiring

"Cults don't end well. They really don't."
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Eastern Oregon Bear
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In reply to BearlySane88 • 10:23a, 1/29/26
BearlySane88 said:
Eastern Oregon Bear said:
BearlySane88 said:
chazzed said:


300,000+ were government sector, the largest in any sector.
I doubt it really matters whether the lost jobs were in the public or private sector. If it's such a good thing, let's just cut out all jobs everywhere.

By the way, even if you ignore the 300,000 government job losses, it's still the worst year since the 2008 financial crisis, aside from 2020.


Bloated government matters to me. One of the reasons I voted for Trump.

A lot of the rest can be chalked up to AI. Good or bad, that's up for debate
Speaking of AI, what happens once 20-40% of the work force gets laid off? Who's going to buy all these supposedly cheaper and more efficiently made products? Nobody ever discusses that, at least not often and not with any plausible solutions. I expect that if you think homelessness is bad now, you ain't seen nothing yet.
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DiabloWags
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10:30a, 1/29/26
It's funny that we see people talking about "bloated" government when the Debt is already at $38.6 Trillion.

And Trump's Big Beautiful Bill added another $4 Trillion of debt over 10 years.

These are the people that love seeing Govt jobs being cut.
Yet they fall terribly quiet about Trump's increased spending with the BBB.

Do some of these Trump voters really think that they'd be getting a $5,000 DOGE check in the mail as Trump and Musk once proposed?

These must be the same gullible fools that thought that their OT would be 100% tax free.

Welcome to DUMBERICA!

lol

Trump keeps promising Americans stimulus checks, but here's what you're actually getting
"Cults don't end well. They really don't."
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movielover
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In reply to DiabloWags • 10:47a, 1/29/26
The OBBBA contains net spending cuts that lessen deficits. The legislation included $368 billion in spending increases and $1.4 trillion in spending reductions, which result in a net reduction of direct spending of approximately $1.0 trillion over ten years.

Not factored in is the growth rate - possibly dramatic - bc of the BBB.
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DiabloWags
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10:54a, 1/29/26
From the Peter G. Peterson Foundation:



How Did the One Big Beautiful Bill Act Affect Federal Spending?
"Cults don't end well. They really don't."
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movielover
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In reply to DiabloWags • 11:05a, 1/29/26
DiabloWags said:
From the Peter G. Peterson Foundation:



How Did the One Big Beautiful Bill Act Affect Federal Spending?


Which is $1 Trillion lower than the previous plan.
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chazzed
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In reply to Eastern Oregon Bear • 11:43a, 1/29/26
Eastern Oregon Bear said:
BearlySane88 said:
chazzed said:


300,000+ were government sector, the largest in any sector.
I doubt it really matters whether the lost jobs were in the public or private sector. If it's such a good thing, let's just cut out all jobs everywhere.

By the way, even if you ignore the 300,000 government job losses, it's still the worst year since the 2008 financial crisis, aside from 2020.


Thank you. Some people do not realize what it means--lost income that can't be pumped into the economy.
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DiabloWags
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In reply to movielover • 11:49a, 1/29/26
movielover said:
DiabloWags said:
From the Peter G. Peterson Foundation:



How Did the One Big Beautiful Bill Act Affect Federal Spending?


Which is $1 Trillion lower than the previous plan.


And people are supposed to be excited about that?

That Trump's proposal "only" added $4 Trillion in debt instead of $5 Trillion?
lol
"Cults don't end well. They really don't."
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movielover
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In reply to DiabloWags • 11:57a, 1/29/26
You'll complain no matter what he does.

Gold, silver down today.
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Aunburdened
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In reply to Eastern Oregon Bear • 12:31p, 1/29/26
Eastern Oregon Bear said:
BearlySane88 said:
Eastern Oregon Bear said:
BearlySane88 said:
chazzed said:


300,000+ were government sector, the largest in any sector.

I doubt it really matters whether the lost jobs were in the public or private sector. If it's such a good thing, let's just cut out all jobs everywhere.

By the way, even if you ignore the 300,000 government job losses, it's still the worst year since the 2008 financial crisis, aside from 2020.


Bloated government matters to me. One of the reasons I voted for Trump.

A lot of the rest can be chalked up to AI. Good or bad, that's up for debate

Speaking of AI, what happens once 20-40% of the work force gets laid off? Who's going to buy all these supposedly cheaper and more efficiently made products? Nobody ever discusses that, at least not often and not with any plausible solutions. I expect that if you think homelessness is bad now, you ain't seen nothing yet.

https://bearinsider.com/forums/6/topics/113734/replies/2644831
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dajo9
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1:27p, 1/29/26
Some of these magats sound like Herbert Hoover. Good luck with that.
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DiabloWags
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In reply to dajo9 • 1:53p, 1/29/26
dajo9 said:
Some of these magats sound like Herbert Hoover. Good luck with that.


Clearly, they never took an Econ. 1 class at CAL.
And I suspect some didn't even go to CAL.

Earlier this week, we actually had someone claim that deportations was actually helping to increase the supply of housing.

You know, because MILLIONS of undocumented immigrants OWN homes!

Lmao.

"Cults don't end well. They really don't."
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oski003
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In reply to DiabloWags • 2:29p, 1/29/26
DiabloWags said:
dajo9 said:
Some of these magats sound like Herbert Hoover. Good luck with that.


Clearly, they never took an Econ. 1 class at CAL.
And I suspect some didn't even go to CAL.

Earlier this week, we actually had someone claim that deportations was actually helping to increase the supply of housing.

You know, because MILLIONS of undocumented immigrants OWN homes!

Lmao.



This reminds me of someone who clearly hasn't taken a health class at Cal. They actually posted earlier that colonoscopies weren't the gold standard for colon cancer prevention. Perhaps they were just trolling, sadly?
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DiabloWags
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3:26p, 1/29/26
Speaking of Housing Affordability . . . Apparently Trump must not have taken Econ. 1 either.

The Dumbest President in my Lifetime!



President Trump says he wants to drive housing prices up, not down
"Cults don't end well. They really don't."
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BearlySane88
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In reply to DiabloWags • 3:29p, 1/29/26
DiabloWags said:
Speaking of Housing Affordability . . . Apparently Trump must not have taken Econ. 1 either.

The Dumbest President in my Lifetime!



President Trump says he wants to drive housing prices up, not down


Your posts are quite literally a broken record.
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DiabloWags
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3:33p, 1/29/26
If you see no value, then feel free to put me on IGNORE.
Your choice.


"Cults don't end well. They really don't."
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