'Trump bump is over': Confidence free falls as voters blame President for market 'chaos' - Raw Story
'Trump bump is over': Confidence free falls as voters blame President for market 'chaos' - Raw Story
During the 2024 presidential race, Donald Trump repeatedly claimed that the U.S. economy was terrible under then-President Joe Biden and then-Vice President Kamala Harris. But according to U.S. Bureau of Labor Statistics (BLS) figures, unemployment stayed under 4.0 percent from February 2022 through...
Bullshit. A significant % of the US population is still cheering this on. Nothing will change.
True, but it’s only a matter of time before it bites those people in the ass. Whether or not they’re smart enough to understand the cause (Trump/Musk chaos) or not - they’re going to suffer.
The best you can hope for this cohort is that they’re disenfranchised enough by the mid-terms to sit out the election and allow for a massive shift in the House and Senate.. but given how spineless and feckless the Dems have acted over the past four years - I’m not holding out a”much hope.
5% is a free fall? They're going to run out of superlatives next month.
Lemmy User Slams Rawstory
I seem to remember visiting their homepage last year sometime, and every headline was some variation on [Name of politician][aggressive verb][target of ire][reason for the spat], e.g.:
- "John Bloggins slams Joe Blow for wearing a plaid tie"
- "Mary Sue rips Judicial Committee for goat scandal"
- "Peter Flarking haymakers Geraldo over unreturned library books"
Wait til these idiots try to abolish the FDIC.
People know that banks engage in all sorts of complex, stupid, and risky financial derivatives engineering. The only reason anyone has confidence in the banks is due to FDIC insurance. If they fuck with that, it will trigger a run on every bank in the country. I imagine Congress would step in to stabilize things, but it could be quite hairy for awhile.
Honestly, right now, for those who are able, keeping a decent chunk of cash in your mattress is no longer the game of cranks and weirdos.
Most people have no idea what FDIC is. They have confidence in banks because "that's where you put money". They have no concept of what their personal bank failing would mean.
If Musk said he was shutting down the FDIC, the vast majority of people wouldn't care until after their bank failed. By then it would be too late.
It's only your money they're playing with
This is extra dumb because the fdic is funded by insurance premiums paid by the banks. It literally costs taxpayers nothing
As someone who does IT audits for banks in Puerto for FDIC audits, this is scary. The banks will embezzle, but they'll also get hacked so we won't know where the money went.
This makes me think twice about having a bank account at all.
It's a very strong swing between two polls in only a few weeks. It is perhaps presumptive to call it a freefall this early, but if the trend continues it certainly would be.
God I love that word
Truly is a great word. Need to use it more.
I think if they want him to stop doing a coup our politicians need to physically stop them.
Or we need to. Like the constitution says.
Perhaps if they blocked him with their wheel chairs.
I’ve seen more “straight” white men willing to get down on both knees for this guy and let him do as he pleases. These single-digit IQ people will go to the grave thinking he’s the guy. It’s pathetic.
He can fuck it all up, and they’ll still somehow manage to blame Democrats. I have yet to see any people who voted for him actually come to say they regret it. These are not critical thinkers. Republicans won in the early 2000s when they began gutting public education.
There are three classic examples from the 20th Century of stupid people. The dumbshit Nazis who kept their political faith while the Allies were turning German cities into granules and the lunatics continued to believe in the BS well after the war. Add the Stalin and Mao supporters and their completely fucked up version of communism. The MAGAts are identical to the above fucknuts.
The voters fucking love him. are you kidding me? fuck this fake news bullshit. voters lick this guy's asshole
The news is so entertaining now!
US vs Mexico & Canada! Yeah that'll teach those guys who is the BOSS!
US vs Greenland! Maybe the country will look super big on the map after this?! Exciting!
US vs Public Servants! Yeah fuck those leeches getting paid with MY taxes!
Total divorce from reality and practicality. The only thing that matters is the show being put on for them while our pockets get picked.
Damage is done... Thanks will voters that make a choice without factual context or the "protest non-voters" that thought the sidelines sent a message
Man who threw molotov cocktails at gas station blamed for explosion.
Sounds about right.
Crowds cheer as arsonist blocks and tells first responders and fire fighters to leave and not do anything as gas station burns ..... even as experts warn that the stations fuel tanks are about to explode.
Oh nonono. You break it, you buy it - 4 years of hell will hopefully teach you damn cultists to fucking never ever do this again. Or choke on it, as long as it’s over I don’t care either way.
He broke the country 8 years ago and the majority blamed Biden because it wasn't all immediately fixed after their regret.
That’s the beauty of all those Executive Orders, they hurt rather quickly. But yes, I agree that those modern goppers ride on the wave of the previous Democrat’s economic policies, while the next Democratic president has to pull the country back from the bog.
All these people learned last time is that they could be bigoted pieces of shit and get away with it.
Yes, I hope they will learn, but it’s a really small piece of hope, on the brink of death, that I’m carefully nurturing back to life. It is very small and extremely fragile, maybe the humane thing is to end its suffering…
I mean... what did you expect? His plan from day 0 was to tariff everyone and obliterate the government's ability to function. You REALLY can't feign ignorance and surprise when he does that.
You definitely can. It's psychotic but that's how MAGA operates. They all have their individual interpretation of what Trump means when he says things they don't like. Then when he does things they don't like they pretend they knew he was going to do it the whole time and it's actually their favorite thing about him. God damn cultists.
Does not matter.
This would be more believable if it were actually in freefall. Just look at the last month and on a market that was due for correction with covid but instead seemed to become bubble proof.
Lol, fucking Trump bump? The minute that fucking clown was sworn in the markets fucking tanked. Markets were fucking killing it under Biden, I was up over 60%. Since Trump was sworn in, I'm only up 30%.
The only Trump bump is the one in the ass of his pants with he's shit his diaper
Not a normal diaper, but a Chinese made Gold Diaper.
During the 2024 presidential race, Donald Trump repeatedly claimed that the U.S. economy was terrible under then-President Joe Biden and then-Vice President Kamala Harris. But according to U.S. Bureau of Labor Statistics (BLS) figures, unemployment stayed under 4.0 percent from February 2022 through April 2024.
Yet again the reporters show they do not understand the average person. Pop quiz hotshot: If employment is low but we still can't make ends meet, will we support the incumbent party?
Wolfe and Pinsker cite 58-year-old Paul Bisson as an example of someone who voted for Trump in 2024 but now has reservations about his economic policies, including tariffs.
Bisson told WSJ, "I don't like the turbulence. I don't like the chaos in the market…. That will make the economy worse, and that's not what we signed up for. We've already cut back. There's no more cutting back to do."
Boo fucking hoo, ya dumbshit
Nicholas Schuch, a 38-year-old Durham, North Carolina resident who voted for Harris... is thinking of moving to a country he believes has a better monetary policy.
Schuch told WSJ, "I was thinking Switzerland, potentially…. I just expect things will be chaotic, and that that is what life is now."
The only smart person mentioned in the article and it's because he's aware of how well the Swiss do when there's a surge in fascism.
Can we stop posting RawStory links? It’s just ragebait. Trump’s cult is still VERY strong. Sure, it’s easy to find a few people who’s faces have been eaten, but most have their faces buried so far up Trump’s ass that the leopards can’t get to them… yet.
The sequel to Rabbit Proof Fence got terrible reviews: Leopard Proof Face
The voters blame Trump? PFFF Ha Hahaha ha ha ha hahahaha haha hahahaha ha ha ha! These voters need to look in a mirror.
What bump?
Must be Jr's bump 🔑🏔️ they are talking about.