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“But… but… but at least we stuck it to the libs didn’t we? Right?.. Right!!!”
Gosh darn it!
But the next Republican will for sure fix it!
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That’s exactly what happened with this lady.
Wait, I thought this was the plan…what happened? You mean dipshit game show host who bankrupted so many businesses doesn’t know what the hell he’s doing?
It’s almost like this is exactly what we warned them would happen.
I know several people that were suppose to retire next year. Looks like they are gonna have to postpone 😂😂
They’ll be out of work next year, one way or another.
So, y’all freaking out because boomers are losing money?
What?
Some millennials have 401ks
Gen X also exists.
Shhhh. Don’t drag us into this
I just took a couple Ubers. They were driven by retirees as a way to make a little extra cash and get out of the house. Both of them said they would have to quit driving and get another “real” job again if the market continued to tank. This shit rolls downhill…gonna create a job crunch again. People not leaving jobs, no jobs for people entering the marketplace, and companies are going to start crushing labor’s wages and benefits again.
Every day, I’m further grasping just how fucked we are :)
Maybe that IS the end goal. Get old people working so wages get fucked for everyone and the corporate overlords can increase their profit margins from a measly 99% to 99.9% or whatever
And what’s the end goal? What’s their plan for when those old people die in a fiery crash while driving Doordash? Nobody’s having kids anymore and immigration ain’t happening so who’s gonna take those jobs?
If this doesn’t belong here, nothing does.
Automation, once the population is too small to cover the jobs.
And who’s gonna buy this stuff when nobody has a job?
The true end game is for us poors to all die off and then there’s a lot less need for production, and fewer mouths to feed.
It’s all moving towards that.
Doesn’t matter to them, the rich are isolated from any real repercussions of their behaviours. The older ones probably think they’ll be out of the game before things get worse anyway. Short term benefits for them are worth the long term issues for the rest of us, just as always.
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I live in Canada and have a locked-in retirement fund, from a former employer, which I have zero control over. It’s lost 10% since the Dumpster was elected.
That mf’er is killing us too.
That’s the best part. The baby boomers created this shit and now they can’t retire. Good for them!
So, all of boomers created this?
More or less.
People at or near retirement age should have a 401k invested in more safe funds with a higher mix of bonds. Why would they have such a high proportion of stocks that a drop in the stock market would impact their spending habits?
Yeah, exactly my thoughts. At retirement age, most or all your investments should be low risk.
They saw stocks rise over 1000% over 5 years (AI stocks) like everyone else and started dumping everything in it.
Don’t let them fool u by saying that this is just a correction. A correction needs a catalyst. The catalyst here is the tarriff. Trump created this mess. Rise up. Fight.
“I don’t want to have to worry that everyone is constantly changing my financial reality,” said Alison Carey, 64, of Oregon, a freelancer in the theater industry. “Let the economy do its machinations, but don’t put me in the gears.”
Sorry you had to learn it this way, Alison, but “the economy” has always been grinding people up in its gears. The main difference is, that it is now reaching you, personally.
a freelancer in the theater industry.
I wonder what that means. I’m not in the creative industry, but that sounds like that could be barely-subsistence type of money or something in the stratosphere… ?
I love how people seem to think that “the economy” or “politics” is the same type of thing as sports— a recreational activity with no actual bearing on anything that other people pay attention to as a diversion. It explains so much about how we ended up here.
I gotta assume a theater freelancer in Oregon probably didn’t vote for him
Oregon is more than the west coast. It’s only recently that the state isn’t literally, legally, run by the KKK.
Theater freelancer is also doing a lot of heavy lifting there, tbf
I was thinking the same, but…people surprise you. I know some lesbians that moved out of one (red) state into Colorado because of how they didn’t feel quite safe there…but then voted for donvict, because “Republican do conomy good” type of reasons, from what I can discern.
Holy fuck.
Republican do conomy good
I cannot understand how this lie persists to this day. Republicans have trashed the economy in every single administration they had for at least the last half century. I’m an adult with children and my lifetime has not seen a Republican that was good for the economy…
This is a holdover from Reagan, and the boom times through the 80s and into the 90s. Deregulation works… until everything implodes/explodes. Revenue was up alongside the tax cuts because of the huge gains across the board, it just wasn’t sustainable.
The economy is like an engine, you can squeeze massive horsepower out of it for a few races or regulate it to run for millions miles. There is a happy spot that produces the highest output with acceptable longevity, but since Reagan the Republican strategy has been to crank it to the max.
The Democrats also continued the deregulation and government has abdicated it’s duty to enforce anti-trust laws, protect the commons, and ensure level playing fields. Add to that the lag time between government action and results, and you have the “Republicans do economy good”.
We have been a runaway diesel for decades, and the engine is close to detonation.
Except it was a lie EVEN DURING REAGAN’S term. He had to raise taxes multiple times to cover his own tax cuts. Guess who he raised them on? Everyone but the rich, who got to keep their cuts.
I think it has something to do with how the right lionizes business so much. I think they adore business because it has zero democracy; it’s basically a top-down structure, just like the authoritarian government they so crave.
Because they think government should be run like a business (another idea that is beyond stupid) and since they think only Republicans operate businesses, they seem to think this translates into “Republican in charge” = “good economy”.
History and facts don’t seem to enter into it, it’s all vibes with that bunch.
Yup. The leopards are out and about eating every face they can find.
The stupid thing about all this is that everything that is happening right now was on full display for the entirety of 2024 up to the election. They said they would crash the economy, round up their list of “undesirables,” destroy much of the inner workings of the federal government, etc, and half this country cheered it on, only to be [shocked Pikachu] when they actually followed through. Like, welcome to reality, actions have consequences. Don’t get me wrong, I am no fan of the Democrats and how they operate, and that we are in need of serious overhaul in how we operate as a country, but this is about the most wrong way to go about it possible. A Harris win would’ve kept the status quo, possibly in perpetuity, but I’d rather that at this juncture than whatever the fuck is going on right now.
Yes, what is happening right now is very dangerous. If things get bad enough economically speaking, the demagogues will point the angriest set of magoffs at the other half of the country and grant them the “right” to do their worst.
People keep acting like things under Biden were awful and that the Democrats/Kamala/Biden were just being monsters to say the economy was actually tracking on a very good course. Sure, many people I’m sure were miserable as economic inequality has not been getting better. But again - the adults in the room know full fucking well things could get much, much worse, especially in the hands of the clueless and the party without any empathy whatsoever.
However, I don’t think some have any idea just how much worse it could get. Many people are too young or have forgotten how miserable the 70s were, apparently. And people seem to not have learned about violence in the 60s.
And if people think they were mad about bullshit made-up nonsense like “Bidenflation”, just fucking wait and see how angry they get over the kind of pain that donvict seems determined to inflict on everyone…if enough people are starving and are told by the likes of Faux that it’s the fault of “DEI” or the trans or the liberals or Biden…enough will believe that to make things get very dangerous very quickly.
“I don’t want to have to worry that everyone is constantly changing my financial reality,”
Welcome to my entire adult life, Alison
The main difference is, that it is now reaching you, personally.
Ah, republicans and not giving a shit until it hurts them, name a more iconic duo.
“Swarms of leopards unleashed upon zoo-goers who voted for Leopard Looser to run the zoo, millions of zoo-goers stunned, in disbelief, mauled.”
Where is the foresight? You knew you were voting for instability.
Bootstraps or whatever
Oh the thing professionals all said would happen? That’s what they are stunned about? The very thing they were warned would happen if trump did the thing he said he would do.
Old people aren’t exactly “finger on the pulse” types
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And they have been trained to hate government, science and experts.
The only one of those you should hate is the government.
Governments are comprised of people. Like any other people they should be judged on their actions. Blanket statements about distrusting governments and politicians no matter what they actually do is no different than distrusting science and experts. It’s all part of how we got here.
Not only that, governments are comprised of people who are paid a fixed salary with no bonuses or incentives and strict conflict of interest rules whose literal only job is to work to make people’s lives collectively better.
That’s how it should be. In the US, we need to outlaw insider trading for elected officials. This is a known issue, based on the evidence we have. There’s no reason to engage in any conspiracism at all.
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Well no. Actually we aren’t supposed to trust the government. That’s why we have (in theory) a system of checks and balances.
That’s a conflation of two separate things. The checks and balances are for the different branches of government against each other and not we the people against the government.
This idea that the population should have a general and perpetual distrust of their government no matter what is conspiracy theory logic.
We should base trust and distrust on evidence.
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It’s ok everyone they will all be a lot better off once manufacturing comes back to the US, they can make up the difference by working in a local sweatshop.
Yeah, just hold on and wait for those low paying, low skilled manufacturing jobs that no one really wants to work, and that we don’t have logistics in place to support.
Then you can make minimum wage working 12 hour shifts with no pension and a 401k that will flatline right before you can retire.
When you die next to the assembly line they’ll cover your face with a red MAGA hat right before they wheel you to the Soylent green processing facility
Even that chucklefuck billionaire was talking about how it will be all robots - openly. Meaning, I don’t know how many sweatshop jobs will be on offer 5, 10, 15 years or whatever it takes to build that kind of infrastructure here…
https://www.axios.com/2025/04/03/tech-jobs-robots-lutnick-manufacturing-renaissance
The elderly yearn for the assembly lines.
Didn’t you hear? Vance is saying that manufacturing is never coming back to the US.
So even working in a sweatshop won’t be an option. Well, I guess until we’re colonized.
Suppose it does come back, who is going to buy it ?
Once wages undercut China, they can sell stuff to the Chinese.
They don’t want that crap though, nobody does. Who are they going to sell crap to, nobody wants it.
But we don’t have any manufacturing capabilities
And even if we did, the Dipshit put tariffs on the raw materials any factories would need to actually make stuff. He literally made shit more expensive to make here.
What gets me is that these morons think domestically manufactured products will somehow be cheaper that their imported counterparts. The entire reason we’ve come to rely on imports is because they’re cheaper than the domestic variant, almost entirely because American corporations are notoriously greedy shitbags. It’s ridiculous to think that since imports are going to cost significantly more that American corps are going to suddenly find a conscience and charge anything remotely resembling a reasonable price for their goods/services. Even with possible breakthroughs in automation and “AI” (lol), the owner class is guaranteed to use that to enrich themselves at the cost of the rest of us.
