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Ah, taking the Russian approach, I see

[-] floofloof@lemmy.ca 49 points 1 week ago

Yep:

"Reduced transparency in official statistics is perhaps the most troubling aspect of disbanding FESAC," wrote Claudia Sahm, a former Federal Reserve economist, at Bloomberg on March 11. "Cutting off agency staff from external advisers creates an environment where political interference could occur much more easily—and go undetected. With political officials such as Lutnick arguing publicly that GDP should exclude government spending, it is especially important to have external, independent experts."

[-] lupusblackfur@lemmy.world 85 points 1 week ago* (last edited 1 week ago)

Welp...

If you don't test for recession, there can't be any recession, right...???

🙄 🙄 🤡 🤡

[-] Spacehooks@reddthat.com 24 points 1 week ago

If you didn't catch me cheating I didn’t cheat.

[-] PattyMcB@lemmy.world 23 points 1 week ago

Wait... I thought Trump was going to have inflation and grocery prices fixed on day 1

I know it's been said, but it bears repeating, for the willfully ignorant in the back

[-] sik0fewl@lemmy.ca 4 points 1 week ago

He said he was being sarcastic.

[-] GeeDubHayduke@lemmy.dbzer0.com 4 points 1 week ago

That was about the Ukrainian peace deal.

[-] sik0fewl@lemmy.ca 4 points 1 week ago

Sorry, I'm having trouble keeping track.

[-] GeeDubHayduke@lemmy.dbzer0.com 3 points 1 week ago

Honestly, that's kind of the point. Shovel 20 horrific things into the pipe, you notice one, 19 horrific things slide past.

[-] Spacehooks@reddthat.com 21 points 1 week ago

Housing market crash when?

[-] Grass@sh.itjust.works 13 points 1 week ago

when even weathier than average citizens can't afford it, then billionaires can buy up everything for chump change and squeeze that money back out of the populace with absurd rent that nobody will even try to undercut. especially now that anyone with one or more brain cell knows this whole idea of 'checks and balances' only applies to the poor

[-] OutlierBlue@lemmy.ca 10 points 1 week ago* (last edited 1 week ago)

And once people have nothing left to lose and their families are starving they drag the rich into the streets and beat them to death with asphalt torn from the roads. History has repeated this scenario over and over again.

As of 2023 there are 735 billionaires in the US, and 340,000,000 non-billionaires.

[-] ripcord@lemmy.world 3 points 1 week ago

Why hasn't this happened in Russia?

[-] arrow74@lemm.ee 1 points 1 week ago

Memory of conditions following the collapse of the USSR? For the most part conditions are still way better than they were 30 years ago in Russia, but who knows if they keep sliding back

[-] andxz@lemmy.world 1 points 1 week ago

Part history, part cultural differences. It would take quite the write-up to get into those two in relation to Russia, but that's the short answer.

[-] technocrit@lemmy.dbzer0.com 7 points 1 week ago* (last edited 1 week ago)

Probably never. Land is a very finite resource violently controlled by a smaller and smaller group of people. There's no reason for them to dump their holdings. People literally need land to survive. It's the ultimate and original capitalist cash cow. It's a fundamental pyramid scheme on human needs along with food, water, air, etc. That's a very solid foundation in a fascist police state.

[-] barneypiccolo@lemm.ee 9 points 1 week ago

They are already doing it. Look at the illegal immigration numbers, which they released with no documentation for either Biden's ludicrously high numbers to Hitlerapig's ludicrously low numbers.

HitlerPig wouldn't release a single number for anything without sweetening it in his favor.

Everything from this administration should be assumed to be a blatant lie.

[-] Holeshot75@lemmy.world 6 points 1 week ago

We know....we all sadly knew it all along.

[-] EmpireInDecay@lemmy.ml 4 points 1 week ago

Just do what Biden did and redefine what a recession is to make it look less gloomy

[-] masterofn001@lemmy.ca 22 points 1 week ago

Do what you do and redefine reality to fit your propaganda model.

[-] EmpireInDecay@lemmy.ml 3 points 1 week ago

Well, actually it was Obama that redefined recession. Biden redefined unemployment.

[-] some_dude@lemm.ee 6 points 1 week ago

This is like pointing out grammatical errors in the Titanic's breakfast menu.

[-] hark@lemmy.world 4 points 1 week ago

It's odd that people here mock voters for "pRiCe oF EgGs" but don't realize that it was shorthand for the economy being shit for the vast majority of Americans. Obviously Trump isn't better for the economy, but there were fundamental problems like the high cost of living that people were desperate to get out of and desperate people do desperate things which can be seen as stupid.

Our economy has been an inflatable castle patched with band-aids all over, especially since 2008, but the foundations for this setup was laid down decades before that. Touting higher consumer spending numbers (because people have to pay more for everything), lower unemployment (because people are kicked off unemployment and have to work shitty gig work), or the dumb stock market (which has been pumped with massive money printing) is as dishonest as outright hiding numbers.

[-] eugenevdebs@lemmy.dbzer0.com 3 points 1 week ago

But Harris told me the economy was doing great as my family had to balance eating food, paying rent, and getting my dad's medical bills for having a stroke. She'd never lie!

[-] europeanfan122@lemm.ee 3 points 1 week ago
this post was submitted on 22 Mar 2025
438 points (100.0% liked)

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