the national debt starts going down, just like it went up on the trillions that Joe Biden spent. It will depend on whether Trump can parlay the tariff money and new international investment pledges and the tax money that flows from that investment into lowering the national debt. Meanwhile, what do you think subsidizing illegals is doing to the national debt and inflation?
Even thought this is based on "battle ground" states,I'm pretty sure this sentiment is being felt nation wide
The smart people knew he wasn't going to fix it on day one....well maybe some idiots did but...
But now people are realizing that this is now trumps inflation, he owns it and now is the face of it,along with the GOP.
And I like other don't see it getting better.
Buckle up buckaroo...we're in for a hurt
Republicans are fucked next November.
the rate of inflation then it will not help the Dems next November, but if there is a net erosion of the value of what they can buy with their dollars, then you are correct, Dems may sour on some of Trump's policies. I think Trump is going to hedge his bet on this one with the "Tariff Dividend" he is proposing which will give a rebate from the Tariff income flow to each American family. The number being considered now is $2000 per household but could be higher if the Tariffs continue to produce higher than projected income streams.
Remember that big ol promise. Gotta ask..Did you get yours…??? Yet..🤣🤣🤣
Dream on and fall for trumps BS.
Trumpster, so naive and gullible 🤣
are significantly higher than projected, so it's a little early to say that is no way that money can be worked into the economy that will reflect well on Trump. You guys all thought he was going to lose the election, too. It's because you call things too early, just like you are doing here. The next election is a year away. Democrats are already behind. If Trump delivers more of his promises, the Dems will lose seats in the House and Senate in 2026.
I had to do a double take on this one...it's the same hook line and sinker BS that trump said about the DOGE savings, each family could see a 5K check...so I ask again...did to get yours??..I'll give you a day to answer....lol
But the 1k or maybe 2K trump is hoping to give out will be a slap to the face of your average families who are going to see a 4-5K increase in their yearly budget, all due to the trump inflation.
I hope trump give out the 1k.I doubt it'll be 2k. It'll be an admission of a failed economy under trump.
And with the unemployment rate ticking up...I'm sure that 1k will be like adding salt to a wound.
Guy gets laid off because businesses can no longer absorb the tariff cost...
So the farmers get 10B, families could get 40 or 80B...that'll eat away at your tariff gains.
There will be a cap on how much you can earn and still qualify for a tariff check. No, I did not get a Covid check for $1400, but several of the providers and some of my employees got them.
As I said before, it matters will what the inflation rate is as long as wages are outpacing the inflation rate. Under Biden, wages were falling at the same time we had 8% annual inflation. There is no way to recover from that disparity between wages and inflation. If inflation is 3%, as it recently was for Trump, but wages are up 5%, nobody cares what the inflation rate is because they are staying ahead of it. Only the Dem policies put you in the hole on inflation versus wages.
Real house inflation or expenditure are floating around 5-10 percent.
It’s an employers market now. And with unemployment ticking up, people looking for work will have to settle for “whatever” wage salary is offered
Funny things is, the real tariffs haven’t kicked in.
Right now, Trump being TACO is kinda good thing. He’d just fuck it up if he had some balls
in the bottom half of the job market. White collar work has high-paying openings all across America and within many industries. The low-income jobs are getting competition from illegals who are willing to do many minimum-wage jobs for $5 an hour, cash under the table. This is what is killing low-income employment. By cracking down on employers as Trump has started to do, the temptation to hire illegals will be removed and employers will have to pay the minimum wage to employ American labor. All of the softness in the job market can be attributed to the massive influx of illegals who are looking for work and underbidding American workers for the jobs.
assuming you're in favor of rampant inflation. That's what happens when you triple the cost of employment.
the national debt starts going down, just like it went up on the trillions that Joe Biden spent. It will depend on whether Trump can parlay the tariff money and new international investment pledges and the tax money that flows from that investment into lowering the national debt. Meanwhile, what do you think subsidizing illegals is doing to the national debt and inflation?
According to AI Overview, it's not going down...."The U.S. national debt reached $37.64 trillion at the end of fiscal year 2025 (September 30, 2025), a significant increase from $35.46 trillion at the end of FY 2024. The debt has grown from a historical low of $36.22 trillion in January 2025, with growth primarily driven by the extension of tax cuts and the debt ceiling increase signed into law by President Trump in July 2025."
In case CurDledLoins isn't good at math that's almost a trillion and a half bucks in just nine months ($37.64 trillion minus $36.22 trillion = $1.4 trillion).
-- Modified on 10/8/2025 10:36:36 AM
We wouldn't need humans. One of the losingest guys at Santa Anita is a techie that uses AI to pick winning horses. Everybody laughs their asses off every time he says, "AI says this horse can't lose in this field."
Likewise, I bought gold two years ago at $1900/oz and today it is pushing $4000/oz. I asked AI back then what the prediction was for 2025 and the answer was the same as it is today . . . ." The future price of gold is highly uncertain."
Pardon me, based on my own experiences with AI predictions, if I remain somewhat skeptical of AI's predictions about the national debt.
I didn't cite ANY "predictions." I cited FACTS about past levels of debt.
And they are backed up by data from the US Treasury. And, yes, the numbers are the same as those generated by AI.
PS: Your example of using AI to bet on horse races is laughable. But up to your usual standard.
9/30/2025 $37,637,553,494,935.61
9/30/2024 $35,464,673,929,171.69
9/30/2023 $33,167,334,044,723.16
9/30/2022 $30,928,911,613,306.73
9/30/2021 $28,428,918,570,048.68
you ignored my question about what the impact of subsidizing illegals has had on inflation. You know the answer, but you can't say it because it's inconsistent with Dem talking points.
Two things.....
So house prices are outpacing wages to past 3+ years... This means PEOPLE ARE PAYING TOO MUCH FOR HOMES.... you just admitted this. Real house inflation is 5-10% more than inflation. Which means they are increasing or outpacing inflation by a factor of 2-7%. (base rate of inflation 3%) Which again creates a housing bubble that will BURST. People overpaying for homes by 2 -7%. So on $500K that is $10,000 to $35,000 too much and not factoring in what banks are now requiring for down payments which dwindle savings. So all of this will factor in their DEBT which could make people foreclose on a property. Especially now that housing market has slowed down in many areas. Building has slowed down. Which will make foreclosures uptick.
You are admitting REAL tariffs haven't kicked in yet. But you keep blaming tariffs for everything. In another thread you are blaming foreclosures on tariffs. Yet you admitted they haven't kicked it. Got it.
Right now wages are out pacing inflation....inflation is 3% and wages are at 5% in many areas. Some are not or staying stagnant. But the issue is now if wages can stay that way. We need to see if the investment promises come thru or not. That will keep it all the same growth. Also wages and inflation was at that pace or better since about 2022 or so. They are expecting it to reach the net 0 or above in the 2nd/3rd quarter of 2026. It has been the projection since Trump took office. Remember he said.... it will be bumpy and hang on. But of course the opposition isn't going to 'hang on' they will use it as political ammo. I know I would and so would the Republicans if roles were reversed.
I'm talking about the cost per month to run a house, food, rent,insurance, gas..etc etc. Not the Home itself.
Total, those are the real cost and that's is not keeping up with wages.
I'm trying to make this as simple as I can.
And yes, the real tariffs haven't been finalized, right now some goods are the 15,20-30 percent range when at one time they were about 3-4 percent.
And its having a drain in the hiring and some cases, wage growth.
But you are also ignoring that people were paying Over asking price... just like I mentioned as well. Which makes mortgages HIGH.
The expenditures.... all happened under inflation under the past administration. With record inflation and people draining savings accounts. The previous wage decrease not keeping up with HIGH inflation killed people. Now we as a country are trying to claw back.
But want to talk about expendnitures..... Insurance is a huge one. Inflation per the past 4 years is a driving factor. Homes were under insured. They didn't follow what the cost of building materials did during COVID.... damn near tripled. Same goes for cost of labor in the building/construction sector. Then the disasters that hit..... fires in CA, Hurricanes in FL, hail storms in Midwest. Rates needed to increase along with values on homes. It was a "double whammy" for many insureds. They saw insured value of the home go up by 10-20% along with 5-10% rate increases. In one year. THEN the next year another 5-10% rate increases. Rates doubled.
Then let alone what TAXES did.
Now rent..... Many people were living off the COVID rent "scam" is what I call it. They got rent relief or rent freezes. Some didn't pay rent. What they didn't realize is that they HAD TO PAY IT BACK. So they got hit with this or got kicked out. So landlords who lost income and still had bills to pay and wanted to restock their savings account upped the rent.
I could go on and on about how COVID "relief" and spending by both Trump and Biden Administrations fucking made this mess.
I know you want to keep saying TARIFFS.... but it isn't. All of this happened PRIOR TO TARIFFS. Yes I am screaming it because it needs to be. Mortgage didn't increase because of Tariffs, Insurance cost didn't happen because of tariffs, property taxes didn't happen because of tariffs, rent didn't happen because of tariffs, water bill didn't increase because of tariffs, etc. Your major costs each month didn't increase because of the recent tariffs.
But like mentioned before... Trump said right away to hang on and the projections he talked about are coming true. Now the increase was also happening under Biden. Was that because things were getting "back to normal" after the fuck up of COVID. AND Yes Biden did good things to get people back to work..... but he also kept spending. If he would have stopped the spending like a drunken sailor we might be where we need to be. I honestly do think people (his own party) took advantage of him to sign off on spending and pushed the Democratic party too far left. But that is a different topic.
I don't know why you insist that people were over paying. If I may, you're coming off as a disgruntle home buyer or renter who missed the boat. The market was the market...now you're playing Monday morning QB once home prices fell.
Remember coming off Covid our economy was the envie of the world...we rebounding better then most.
And I have to say, Biden saved our economy, bought it back to life. We could have suffered a recession, ya know
Let me ask a question, would we have a chaotic economy now if tariffs weren't factored in? Imagine, no mention of tariffs.
I think trump could've rode Biden shirttails and he'd be in a good spot.
The market was OVER INFLATED. That was the issue. Yeah this was a Trump issue. With low interest rates it make the market value of home get OVER INFLATED..... just like they did in pre-2008 collapse.
Not playing Monday morning QB. I am in the business and have been saying this for the past 6 years and said the bubble will burst....and it looks like it is about too. You can't have 2% interest rates without some reprocussions. Just like the ARM Rates pre-2008. They were low in the 3-5% range when 15-30 year were around 7%. But this why Trump is wanting to make rates lower. To inject the economy with cheap money. But a different discussion.
Actually we would still have a chaotic economy because of the government spending issues. Inflation would still be going UP UP UP at the rapid pace it was.
What Biden did was help with Jobs.... but many of it was artificially but he did help with jobs. The artificial part was many were FEDERAL jobs. Which were not needed and it also increased spending. If he would have not injected the artificial federal jobs and let private sector just rebound naturally like it would have. It would be better. BUT he didn't. They injected the federal job market and even more government spending, programs, etc. Like I stated the far left took advantage.
Think if he would have kept the pipeline (private sector workers), kept the leases up for drilling (private sector workers), no more use of privately owned detention centers (private sector workers). Wont even go into the regulations put on or in place with all the "green" stuff in the jobs act or moving to "net zero" with carbon emissions. Which took industry or money away from industry to expand or advance and have to either fire, move out of the USA, etc. so to meet or negate the future restrictions placed on them. ...ie: jobs lost in private sector or money transitioned from jobs to other areas.
Because you're omitting several key factors that differentiate 2008 from the present. First of all, a HUGE part of the problem were so-called "Liar's Loans" that were given to anyone with a pulse and virtually no credit check. So naturally many of them went into default. To make matters worse, said loans had been packaged into securities with other, more secure loans and then got a AAA rating. So the rating agencies failed. And when enough of the underlying mortgages went bust, the securities' value collapsed. Thus we had the most massive financial collapse since the Great Depression. That is not the case today.
Your next problem is believing we have a bubble now. Yes, prices are inflated. But supply has been and remains tight. Because so many homeowners have 3% mortgages from 2020 and if they sell they'll have to take a mortgage at twice that rate. So they don't sell. This, by itself, will support current prices. Thus there is ZERO comparison with 2008.
You talk about people can't make ends meet and Foreclosures, ....and now not talking about we are not in a "housing bubble". Forecloses and housing bubble are hand in hand. So which is it? Are we as dire as you say we are or you just spewing bullshit?
Housing Bubble is when prices increase faster than wages/income increases. Right now wages have grown about 5% a year the past 5 years...... home prices have increased about 10% a year. All are dependent on the area you live.... some more some less. So how can you sustain buying a home that goes up 10% a year when your wage only goes up 5%. Historical norms is about 2-3% growth in home price....again depends on where you live.
The bubble is because of housing prices. Housing is pricing itself into a "bubble". Then its the inflation we have experienced the past 4 years and could still have happen. YES.... Trump isn't out of the woods. You are correct with the past interest rates. People are not moving or building because they don't want those 7% rates, can't afford 20-25% downpayments, etc. Builders priced themselves out of building even as building materials have stabilized or even decreased a little.
Which will make the current existing homes more expensive (like they are now). Which makes it impossible for buyers to get homes unless they pay too much or buy outside of their means. LIKE THEY DID IN 2008. You are correct about the predatory lending in 2008.... But banks right now are starting to get or think of interesting ways to finance. 0% down payments, Down Payment assistance programs by private firms (they did this in 2008), borrowing against other assets, etc.
So when Homes keep going up faster than wages a bubble will have to burst.....especially when you factor in inflation and the loss of savings.
So if inflation keeps going up which it is under Trump.... Like I said he isn't out of the woods. The wage/inflation growth needs to keep the pace it is going. Trump isn't out of the woods especially when Dem's are fighting him tooth and nail on anything and everything. They want many of his spending cuts reversed. These are not the Medicare/Medicaid stuff either.
Now a bright spot or the sad part is the age of "boomers" will come into play. Sad but true is that when they start to expire....homes, income (passed down) will come available. Which will/could cure or stop the bubble. Homes/second homes/income properties that are paid off will come on the market. Flooding the market with homes which could drive down the prices. That age group right now is 60-80 years old.
Just go back and read it S-L-O-W-L-Y. And maybe you'll get it. Because you certainly failed to read it carefully the first time. And I'm not explaining it again.
No you are clearly not understand that we are on a bubble because of wages are not caught up to the inflation we had during the past 6 years. If wages don't catch up housing could BURST. Banks right now are starting to get "inventive" again like they did pre-2008 with lending practices. NAR and financial groups are lobbying to help "home buyers". Which could loosen some of the restrictions put in because of 2008 collapse.
Remember all you hear about is "oh people cant afford housing and the government needs to help"..... we need to build housing, help them get loans, etc. Which will open the door to predatory lending all over again.
The "Burst" will also be that people will be upside down on mortgages.... house prices will drop and the people even with 3% mortgages will go to sell the home but OWE more on it that what they got for it. So guess what.....default on loans??? Banking system collapses....they lent out more money than they collect.
If we have a slow down in the economy......which we could or if wages don't out pace inflation....Combine that with people that are drained with savings, student loan debt, high inflation or trying to recover from inflation. POP goes the housing and people will be upside down on recently purchased homes in the past 4 years or so.
The foreclosures that hpy is complaining about or trying to blame on the big bad tariffs that just got implemented. Like I said.... if foreclosures start happening in June of 2026..... Yeah blame Trump and the Tariffs. Right now..... NOPE.
-- Modified on 10/9/2025 3:16:28 PM
That is causing this "uptick" in foreclosure. Note, I'm not saying its the sole reason but for this uptick....YUP.
And it depends on the lender but some foreclosure can take 4-6 months. So using that time frame...it puts at.....Lemme see... "Liberation Day"....I wonder how those who lost their homes will celebrate that day...jus curious
Only if the loan is private loan it takes 4-6 months and that is very RARE...most banks will want you to go thru programs to keep it from going into foreclosure. They know that resale on those home are less than money loaned out because condition of home is trashed. Also if the loan is an FHA, VA or any other government type loan.... it takes way longer.
Which most first time or lower/mid level income people are getting government backed loans. These would be the majority of people losing homes.
So yeah.... not the case on these foreclosures. The majority of foreclosures that are happening now are marital disputes, people who lost jobs (could be federal workers under Trump), or people who blew thru saving and credit because of the past 4 years.
I will keep saying......IF foreclosures go up and it is June.... blame Trump and I will be right here with you.