isn't that just an artifact of massive import changes that don't actually signify healthy economic activity?

I mean that’s true but putting it into law still matters and when Trump is weakened enough politically those laws will be implemented again. I’d agree with including inspecting the concentration camps, that’s a really good idea

That’s why you make them laws. Require that these reforms must be signed into law. If the admin chooses not to follow the law then there are legal avenues

I'm actually in favor of this list of demands. They're actionable and would be a very visible backing down from the Trump admin. In many ways we need displays of their retreating power more than anything else in order to give a permission structure to other acts of resistance.

My problem is what’s the point of getting summarized info on a new to you topic if you cannot trust its veracity? If I can’t trust it then it only wastes my time trying to figure out what’s real or not when I could just do the research myself and know it is.

And the systemic rescinding of federal grants and contracts. Companies and orgs that still have or will receive federal funds will hire at the last possible moment in case the money is clawed back. My own org is behaving that way, freezing hiring despite being flush with federal money still.

If it is Bessent, then he'll lose the only smart person in his cabinet.

But the point about this administration is that they aren't serious. And if the economy/markets have fallen off a cliff, you can't expect them to behave in serious ways. What if he just tries to run toadie candidate after toadie candidate, not accepting any serious/non-compliant nominee

I think it’s that people’s personal financial pictures are sticky. It can take years for an affordability/wage disparity gap to erode savings until there’s no cushion. Houses, healthcare, energy, food, none have meaningfully gotten cheaper and most have gotten much more expensive since 2020

Wait. Cutting now is a soft landing strategy. If a soft landing is no longer an option then the answer is to wait until recession is obvious. At that point the stock/ai/crypto speculation will have been curtailed and cutting rates will be stimulating instead of accelerating.

Seems like a good example of @joshtpm.bsky.social ‘s “all power is unitary” thesis. As Trumps power and popularity are linked, as one wanes, so does the other.

More Clinton 2008 than anything right now. He is the establishment candidate which means he likely won’t get through the severe anti-establishment primary.

I feel like I’m in bizarro land where the dems position only get stronger as open enrollment gets closer. GOP basically needs this to be resolved within the next month.

The only people I personally know who lost their jobs recently are in tech... software engineers, back room, marketing, etc.

How predictive are big picture measures of stock expensiveness on the start of a recession? Like Shiller PE for the SP500 or the buffet indicator.

Completely agree. They’re executing a plan right now. Disrupt it.

yes please to reform response

So tech billionaires spend differently than all others because they have no unmet needs and are conditioned to embrace new tech? Why do we want AI again? We could... avoid Skynet? Avoid mass layoffs? Reduce wasted energy consumption? Watch tech billionaires lose some of their fortunes?

federal workers who took the buyout don't hit the jobless claims yet right? When should we expect a huge bump in the jobless claims?