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Everything posted by Trump_is_Mentally_fit
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Everyone keeps saying AI is going to be a job killer, maybe this is the tip of the iceberg or maybe not. Trump's policies are also job killers, higher taxes are never good and his tariffs have sure hurt sectors of the economy, and created uncertainty for many small businesses. Chasing after workers that happen to be unpeaople in MAGA's eyes has hurt business, also, costing citizens their jobs. If an immigrant can't do his job he can't pass the good or service onto the next stage in the economic process, so a citizen doesn't get hired. Immigration, legal or illegal, is great for the economy, Trump is hurting that. Once the supply of goods imported before the tariffs kicked runs out we will see higher inflation, too Stagflation
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UPDATE: ISRAEL v IRAN - Ceasefire reached?
Trump_is_Mentally_fit replied to Big Blitz's topic in Politics, Polls, and Pundits
What source do you have about Iran rushing to finish its nukes? -
UPDATE: ISRAEL v IRAN - Ceasefire reached?
Trump_is_Mentally_fit replied to Big Blitz's topic in Politics, Polls, and Pundits
And it's a nice name. Parents just don't name girls Sue anymore 🤷♂️ Or Lisa -
UPDATE: ISRAEL v IRAN - Ceasefire reached?
Trump_is_Mentally_fit replied to Big Blitz's topic in Politics, Polls, and Pundits
Bibi will demand they bomb it -
UPDATE: ISRAEL v IRAN - Ceasefire reached?
Trump_is_Mentally_fit replied to Big Blitz's topic in Politics, Polls, and Pundits
The chief United Nations nuclear inspector has widened the divide with the Trump administration over how severely the United States set back Iran’s nuclear program, declaring that it could be enriching uranium in a “matter of months” even as President Trump repeated his claim that Tehran had lost interest in the effort. “Frankly speaking, one cannot claim that everything has disappeared and there is nothing there,” Rafael Mariano Grossi, the director general of the International Atomic Energy Agency, said in an interview with CBS News that aired on Sunday. But Mr. Grossi’s analysis — one that several European intelligence agencies share — is consistent with a preliminary assessment by the Defense Intelligence Agency that was widely reported on last week. That report estimated that the strike set back the Iranian nuclear program by only a few months. The C.I.A. director said later in the week that the Iranian program had been severely damaged, and the U.S. intelligence agencies were continuing to assess the strike. https://www.nytimes.com/2025/06/29/us/politics/un-iran-nuclear-program-enrichment.html?unlocked_article_code=1.Sk8.rXji.vZ38L-H11Vde&smid=url-share -
UPDATE: ISRAEL v IRAN - Ceasefire reached?
Trump_is_Mentally_fit replied to Big Blitz's topic in Politics, Polls, and Pundits
You are jumping the gun. Real intelligence takes time. Your wishful thinking isn't intelligent https://www.washingtonpost.com/national-security/2025/06/29/trump-iran-nuclear-damage-intercepted-call/ The United States obtained intercepted communication between senior Iranian officials discussing this month’s military strikes on Iran’s nuclear program and remarking that the attack was less devastating than they had expected, said four people familiar with the classified intelligence circulating within the U.S. government. -
https://www.nytimes.com/2025/06/29/upshot/republicans-medicaid-cuts-paperwork.html “The Republicans decided on the talking point that they wanted to say, ‘We didn’t cut anyone’s benefits,’” said Diane Whitmore Schanzenbach, a professor at Northwestern who studies food assistance. “So instead they’re going to say, ‘Well, we’re going to really squeeze folks that we think should be working.’” The Trump administration has prided itself on deregulation, cutting rules for business processes throughout the government. But when it comes to antipoverty programs, this agenda moves in the opposite direction, making individuals work harder to prove they qualify for government programs. Federal and state agencies would also need to build vast new bureaucracies to measure and monitor the new paperwork. Republican lawmakers, White House officials and researchers who advise them argue that the extra paperwork and processes are a way of ensuring that only the truly worthy can access government help. “If you’re going to be on the public wagon, you have to do something to help pull it, if you’re able,” House Speaker Mike Johnson said last month in a CNN interview, in which he said Republicans “are not cutting Medicaid.” The bill does make some direct cuts to Medicaid funding, but most of its health care savings come from administrative changes. That’s a significantly different strategy from the Republicans’ attempt to repeal Obamacare in 2017, which would have directly reduced federal spending on health programs, and was thus easier for opponents to attack. But Democrats are trying. Chuck Schumer, the Senate’s Democratic leader, has said tens of millions of Americans would be “mummified in new red tape.” Decades of evidence show that administrative barriers prevent vulnerable families from receiving benefits, while simplifying programs can increase use. In the first Trump administration, more frequent Medicaid eligibility checks led to losses in health coverage for more than a million poor children. Studies of student aid applications have shown that programs that help families fill out the forms boost college participation. They can't figure out how to fill out an application? Do they belong in college? 🤷♂️
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Higher prices and less inventory https://www.cnbc.com/2025/06/27/deep-inside-economy-more-sticker-prices-start-to-go-up-due-to-tariffs.html The latest inflation data came in hotter than expected, and Nike warned in its earnings on Thursday that prices will be going higher due to tariffs. Across the U.S. retail and manufacturing distribution chains, inventory has started to be re-ticketed with higher prices, by between 8%-15%, according to ITS Logistics, including for apparel and consumer product goods. The footwear industry says it expects prices to rise by between 6% and 10%. It’s not just higher prices but less inventory With current concerns about trade uncertainty and consumer softness, retailers and manufacturing clients are managing inventory by shrinking SKU counts and importing fewer SKUs they are keeping. The Bureau of Economic Analysis reported that gross domestic product shrank by 0.5% in the first quarter of 2025. “The overall inventory footprint is smaller,” said Martin. “You are looking at three months of inventory on hand now versus six.” Supply chain data from the warehouse sector and the growing number of empty shipping containers at ports are pointing to a more mild peak season (the summer buildup of inventory for the back-to-school and holiday shopping periods). Warehouse inventory levels are down 6% month over month, according to the Logistics Managers’ Index. Comparing readings from the first half of June to later in the month, growth in inventories started to slow down, which suggests that an increase in early June was temporary, according to Zachary Rogers, associate professor of supply chain management at Colorado State University. “Because of how long it takes inventories to move through systems, we haven’t seen any big shifts in transportation yet,” said Rogers. “Warehouse capacity did move from mild contraction to mild expansion.” The data for the full month of June is not in yet, but Rogers said it is highly unlikely the results would change in any meaningful way. “We’re far enough along that we basically know where they’ll end up,” he said.
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Build more damn houses and apartments! Get rid of all the f'n red tape and make NYC cheap enough to live in. "Freezing rent" is so stupid, it will lead to even fewer places to live. https://www.telegraph.co.uk/business/2025/06/26/how-20-dollar-sandwiches-pushed-new-york-to-socialism/ In a city where two-thirds of people rent, the vacancy rate of 1.4pc is the lowest in decades. And it keeps getting worse: in the past decade, for every 5.7 new jobs created, only one new housing unit was built. And in a supply-demand crunch, rents rise faster than incomes. “Households at the 40th percentile of the income distribution in New York City may have Chicago or Dallas incomes, but they are expected to pay New York City prices for market-rate units,” Kimball said. Mamdani’s answer is to “freeze the rent”. More than half of New York rents – mostly relating to blocks over 50 years old – are already subject to rental controls, known as “rent stabilisation”. This limits rent increases to 3pc. But the proportion of units that are rent-stabilised has dropped from two thirds in 1999 to just above 50pc. The rest are at market rate. To afford a median asking rent, a household must earn $120,000 per year, well above what a typical 20-something would earn. Figures compiled by The New York Times showed that Mamdani’s strongest support – where he captured 40pc or more of the vote – was in higher-income and middle-income neighbourhoods, and among college graduates. Although he also hit 48pc support in precincts with more Hispanic voters, that dropped to 38pc in lower-income districts and 34pc in heavily Black neighbourhoods.
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You can also say Jim Crow held people back. If my father had been black he wouldn't of attended the same school, same army unit, same university, etc. I would of grown up poorer, in a different social economic place. Ya, its all true, but how you gonna hand out money to people like that. It would create a backlash, feed a stereotype and add a level of toxicity to our political discourse. Native Americans next? How about women?
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Capitalism is theft! Everything is just so easy with other people's money. The people that voted for this guy just think its unfair that other people have money and they don't. This is real bad news for NYC, a place I really love. Hopefully the state has some say. There won't be any new apartments built if there are no profits to be made by the evil landlords. The public transit will be ruined if they charge nothing. This clown is going to have to face reality real fast. The market would of hit THAT record high much earlier had it not been for the stupid trade war. We are just making up lost ground here
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UPDATE: ISRAEL v IRAN - Ceasefire reached?
Trump_is_Mentally_fit replied to Big Blitz's topic in Politics, Polls, and Pundits
https://www.washingtonpost.com/politics/2025/06/26/trump-presidency-news/ Gen. Dan Caine, chairman of the Joint Chiefs of Staff, declined Thursday to echo President Donald Trump’s assessment that the United States “obliterated” Iran’s nuclear sites with recent airstrikes. “We don’t do BDA,” Caine said during a Pentagon news conference, using the abbreviation for battle damage assessment. “I’ll refer that to the intelligence community.” Defense Secretary Pete Hegseth interjected moments later and said he — not Caine — is responsible for public messaging around the attack. “I can use the word ‘obliterated,’” Hegseth said, adding that he is extremely intoxicated, so take that for what you will. 🤣 Caine later denied feeling any political pressure on how to characterize the impact of the strikes. “No, I have not, and no, I would not,” Caine said. ---- But we have satellites, blah blah Point still stands, Obama had a deal to push it back 15 years. This only pushes it back a few at most