US economy is in shambles
- Thread starter Mahmoud Ahmadinejad
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Mahmoud Ahmadinejad
سپاه پاسداران انقلاب اسلامی
Mahmoud Ahmadinejad
سپاه پاسداران انقلاب اسلامی
In shambles? Not hardly. I'm going like gangbusters! See,....here's the thing,....with such an overabundance of absolute STUPID people in this world anyone with even an ounce of a brain , a magnetic personality, and some good work ethic is REALLY cleaning up simply because a lot of the competition is so pathetic. You have to be one stupid AND lazy dumb ass to be struggling in America right now....FOR REAL.
Into the Night
Contributor
Argument from randU fallacy. Random numbers aren't data, dope.
Into the Night
Contributor
The Middle East is not a major exporter of jet fuel, dope.
Into the Night
Contributor
This is coming from the whiners that are exactly that...stupid people...too lazy to get off their duff and make a decent living.
Exactly. They think it SOUNDS BETTER if they frame it like EVERYONE is doing poorly when in fact only they are. See, here's the thing,...and its totally true,.....you can be stupid and still do quite well,....IF you are willing to REALLY get after it and bust your ass. Conversely,....you can be pretty lazy and also do well,....but you better be REALLY smart. But you absolutely CAN NOT be dumb AND lazy. If you are you have no shot. Now if you are smart AND are driven to work hard? Oh yeah,....you can have about anything.
Mahmoud Ahmadinejad
سپاه پاسداران انقلاب اسلامی
Mahmoud Ahmadinejad
سپاه پاسداران انقلاب اسلامی
Mahmoud Ahmadinejad
سپاه پاسداران انقلاب اسلامی
The U.S. Economy Was Shaky Before the Iran War. Now It’s in Real Trouble.
Spiking inflation, static interest rates, the ongoing Iran war, and other dynamics have contributed to a difficult economic moment ahead of midterm elections in November.
Mahmoud Ahmadinejad
سپاه پاسداران انقلاب اسلامی
US war in Iran has cost $25 billion so far, says Pentagon official
- U.S. war in Iran has seen oil and gas prices rise
- Increase in costs has unsettled Republican insiders
Mahmoud Ahmadinejad
سپاه پاسداران انقلاب اسلامی
Mahmoud Ahmadinejad
سپاه پاسداران انقلاب اسلامی
The US economy is facing a 'Wile E Coyote' moment, UBS says
- The gravity of the war in Iran hasn't quite yet set in for consumers or investors, market pros warn.
- Developed economies, like the US, face a "Wile E Coyote effect," UBS' chief economist said.
- Piper Sandler's chief market technician, Craig Johnson, says investors are trying to outrun a bear.
Mahmoud Ahmadinejad
سپاه پاسداران انقلاب اسلامی
Are you worse off financially today? More Americans say yes. Here’s why
As Donald Trump's Iran war spills over into everyday life, more Americans say they are worse off today than at most any point in the last 25 years.
More than half – 55% – say their financial situation is deteriorating, according to a new Gallup poll.
While that figure is similar to the slumping sentiment Gallup registered last year, the ranks of the disaffected have grown. Only 47% of Americans were bummed about the economy in 2024.
The only time the national mood plunged this low was during the Great Recession.
Financial worries are coming to the fore amid Trump's aimless war and ahead of the November midterm elections, putting pressure on many Republicans.
Since the start of the year, Trump has unsuccessfully asked Congress to pass legislation that would cap credit card interest rates at 10% and directed the Department of Justice to "investigate meatpackers" in a bid to bring down beef prices.
Trump often says he inherited from former President Joe Biden an economy in tatters, that under his guiding hand, is "roaring like never before."
But the American public has been skeptical.
A recent Reuters/Ipsos poll found that Trump’s approval rating has slipped, with just 34% of Americans seeing the president as a good steward of the economy and the nation.
What’s keeping Americans up at night?
They are struggling with a superfecta of financial headaches: Higher prices, like the recent surge in gas prices and the rising costs of housing and healthcare.
Four in 10 Americans are worried about how they will pay their monthly bills and there has also been an 11-point rise in those concerned about making minimum credit card payments, Gallup said.
Nearly a third of Americans cited the high cost of living as their most pressing financial problem.
Prices are up. The Consumer Price Index, a measure of inflation, was 3.3% higher in March than a year ago.
Food prices in particular have been on the rise.
Among the millions of Americans who rent their residence, 50% are considered "cost-burdened," meaning they spend more than 30% of their income on housing and utilities. That includes the 27% who spend more than half their income on those expenses.
But in an age of high home prices and still-elevated mortgage rates, it’s harder and harder to become a homeowner.
The median-priced home was five times greater than the median household income in 2024, which is much more than the three-times-greater measurement, long a rough rule of thumb for what’s affordable.
Home sales are deeply depressed, since many Americans who locked in ultra-low mortgage rates during the pandemic have little incentive to give them up. That’s keeping many would-be buyers on the sidelines.
Even those lucky enough to become homeowners are facing cost challenges. Property taxes rose 15% from 2019 to 2024, and property insurance is up a daunting 70% between 2019 and 2025 – for those who are still able to get it.
Oh but wait...I thought Iran and lovers of Iran keep saying he doesn't really have it closed. Can't have it both ways...
Mahmoud Ahmadinejad
سپاه پاسداران انقلاب اسلامی
Who said that?
Americans are making a poor fist of it, but your braggart is the one who has ordered his pirate Navy to close off the shipping lanes.
They are trying, yet they fear to approach our coastline, being cowards.
As a result, many ships are easily defying the tyrant Trump's silly "red line".
And you know he was lying. It was a billion a day.