#us economy

[catchymemes]

[onlytiktoks]

https://www.reuters.com/world/us/us-judge-strikes-down-biden-overtime-pay-rule-2024-11-15/

[rollwithdicey]

Before I get back to fully posting normally I also want to put this out there,

If you live in the United States,

If you become a member of the Satanic Temple you are legally protected by your First Amendment right for "Freedom Of Religion" to your own bodily autonomy.

The Satanic Temple is legally recognized as a church by the IRS and the Federal Court System. The are in multiple lawsuits against states such as Texas, Idaho, Missouri, and Arkansas that are implementing strict abortion bans.

This Bodily Autonomy also includes LGBTQIA+ members and Transgender individuals seeking medical attention

You can contact them and they will fight for you and your rights to practice your religion

This link brings you to their RRR Campaign page for more information:

Signing up is free and you can easily find a congregation near you, and it's not exclusive to the US, but for what's currently happening in the US following the presidential election, I'm making this post for you. You're also able to purchase a membership card and certificate after you join but joining is completely free.

One's body is inviolable, subject to one's own will alone.

Hail thyself

[autumngracy]

"Trump is better for the economy, though!"

Aside from almost every major economist agreeing that Trump's economic plans would actually make things far worse than they are now, this man can't even manage his campaign's, his businesses', OR his personal finances.

Case in point, here a list from Public Opinion of his failed business endeavors:

"Trump's companies have filed for bankruptcy at least six times. This is no exaggeration. Digital World noted this in its SEC filings. This excludes additional business failures that might not have declared bankruptcy, but closed owing vendors, employees and others."

"For the record, here are some of Trump's noteworthy business failures."

Trump Airlines — Trump borrowed $245 million to purchase Eastern Air Shuttle. He branded it Trump Airlines. He added gold bathroom fixtures. Two years later Trump could not cover the interest payment on his loan and defaulted.

Trump Beverages — Although Trump touted his water as "one of the purest natural spring waters bottled in the world," it was simply bottled by a third party. Other beverages, including Trump Fire and Trump Power, seem not to have made it to market. And Trump's American Pale Ale died with a trademark withdrawal.

Trump Game — Milton Bradley tried to sell it. As did Hasbro. After investment, the game died and went out of circulation.

Trump Casinos — Trump filed for bankruptcy three times on his casinos, namely the Trump Taj Mahal, the Trump Marina and the Trump Plaza in New Jersey and the Trump Casino in Indiana. Trump avoided debt obligations of $3 billion the first time. Then $1.8 billion the second time. And then after reorganizing, shuffling money and assets, and waiting four years, Trump again declared bankruptcy after missing ongoing interest payments on multi-million dollar bonds. He was finally forced to step down as chairman.

Trump Magazine — Trump Style and Trump World were renamed Trump Magazine to reap advertising dollars from his name recognition. However, Trump Magazine also went out of business.

Trump Mortgage — Trump told CNBC in 2006 that "I think it's a great time to start a mortgage company. … The real-estate market is going to be very strong for a long time to come." Then the real estate market collapsed. Trump had hired E.J. Ridings as CEO of Trump Mortgage and boasted that Ridings had been a "top executive of one of Wall Street's most prestigious investment banks." Turned out Ridings had only six months of experience as a stockbroker. Trump Mortgage closed and never paid a $298,274 judgment it owed a former employee, nor the $3,555 it owed in unpaid taxes.

Trump Steaks — Trump closed Trump Steaks due to a lack of sales while owing Buckhead Beef $715,000.

Trump's Travel Site — GoTrump.com was in business for one year. Failed.

Trumpnet — A telephone communication company that abandoned its trademark.

Trump Tower Tampa — Trump sold his name to the developers and received $2 million. Then the project went belly-up with only $3,500 left in the company. Condo buyers sued Trump for allegedly misleading them. Trump settled and paid as little as $11,115 to buyers who had lost hundreds of thousands of dollars.

Trump University or the Trump Entrepreneur Initiative — Trump staged wealth-building seminars costing up to $34,995 for mentorships that would offer students access to Trump's secrets of success. Instructors turned out to be motivational speakers sometimes with criminal records. Lawsuits and criminal investigations abound.

Trump Vodka — Business failed due to a lack of sales.

Trump Fragrances — Success by Trump, Empire by Trump, and Donald Trump: The Fragrances all failed due to being discontinued, perhaps as a result of few sales.

Trump Mattress — Serta stopped offering a Trump-branded mattress, again likely due to slacking sales.

Truth Social — This existing Trump business owes big money, and may well be breathing its last.

And then of course is his long history of stiffing contractors, restaurants, and even entire cities for their event venues he used for his rallies—as well as some of his own followers—

—such as the case where he promised a greiving hispanic American family that he would pay for the burial of their daughter, Vanessa Guillén, a servicewoman who had been brutally murdered by a fellow soldier at Fort Hood in 2020, but later told his chief of staff not to pay for it after learning it would cost $60,000, reportedly saying "It doesn’t cost 60,000 bucks to bury a fucking Mexican!"

[unhinged-as-hell]

Hey. Fuck you if you support Trump. Block me right fucking now if you do. Fuck. You. To. Hell.

[evil-peanut-butter-addict-sam]

POLITICAL RANT!!!

1 IF YOU ARE A TRUMP SUPPORTER FUCK OFF!!!

I'm taking this from my friend on twt

'trump is a rapist, racist, sexist, homophobe, transphobe, will take away rights of woman, poc, queer ppl, will make abortions and gender affirming care illegal, he will cause mass inflation and start wars and More'

if your not a Christian your also done for.

'he also plans on taking away the department of education so he can make students learn whatever he wants so they can be uneducated and be worker drones trump will cause mas inflation and make taxes more on the average citizen and kamala will lower the cost of things, give more money to start-up small businesses, first time home buyers etc'

My friend is neurodivergent, poc, trans. gay, not christian, afab

And I'm neurodivergent, genderfluid, bisexual, not christian

So me and my friend have lost all possible rights we could have had.

Thia next quote I'm taking from 'lakerfan1234000' on twt

'now that Trump might become president again.

- Palestinians will no longer exist.

- Ukraine will be taken over by Russia (Russia will attempt to move further into Europe).

- We will be paying 3k more per year because of Trumps tarrifs.

- Our taxes will stay the same, but don’t worry because Elon Musk will see his taxes go down!

- Women will no longer have access to healthcare.

- Mass deportation of both illegal and legal immigrants (terrible for economy).

- 6 Trillions will be added to the debt compared to Harris who was only going to add 2 trillion.

leader of our country is a sexual abuser, pedophile, rapist, racist, who tried to overthrow our government.'

this shit is fucked. As someone who supports palestine this will be horrible and evem worse for the people there. If you do support palestine please go reblog peoples stuff supporting them as much as possible. I highly recommend going to support @northgazaupdates they are constantly updating and are great at keeping up.

there are many other things I want to rant on that I probably will rant on about, for now reblogs are highly appreciated to spread the word, and I will now be going to school.

[chiisomandi]

the funniest thing about the premise of choosing trump because it means choosing cheaper gas is that it’s simply not true

[mathsbian]

The market opened AFTER he got shot yesterday, by the way. Prices rise when people buy, they drop when people sell. Someone was already trying to increase their share percentage and get control of the company, is what that spike looks like to me (the usual “I’m not an expert”, but I got triple the economics education my state required in the one semester I had of econ in high school). And THEN the panic selling began.

I deeply hope that the investigation reveals some serious issues with the way United is run as a company. I know the government is already investigating them, but I do hope that this somehow helps push things further or faster towards holding United accountable for the damage they have done to the American public.

However, I have a sinking feeling that any change that arises might have more to do with whatever happened with the stock prices that morning and other CEOs/billionaires not liking the idea that their death could cause a brief spike in stock prices (that they aren’t there to reap any reward from), and not just tank it for a week.

[alex51324]

Another good one from Vox about the upcoming Trump Tariffs, and what they might mean for your near-future spending.

The first thing to understand is that tariffs absolutely do not do what Trump thinks they do. Trump has pitched tariffs as a way to lower prices, which is simply...wrong. He also seems to be under the impression that tariffs are a way to make foreign companies pay taxes to the United States. That is also wrong.

A tariff is a tax on imported goods. The usual reason for imposing a tariff is to protect domestic production from being undercut by cheaper imported goods--if Domestic Company A can produce widgets for $10 a dozen, but Foreign Company B can do it for $8 a dozen, you impose a 20% widget tariff, and Company A and Company B's widgets both end up on the domestic market at the same price. That way, Company A has no particular reason to move their widget factory to another country where it might be cheaper to operate, thus keeping jobs, wages, and prices at the current level.

Economists debate whether tariffs are actually a good way to achieve these goals; however, even if we assume it does, you can probably see a few problems. First, and most obviously, lowering prices is nowhere in the definition of what people who really like tariffs say that they do. On the contrary, they are intended to prevent prices from dropping due to cheaper imports, and they do that because the tariff is paid not by the foreign manufacturer, but by the domestic distributor, who typically passes that cost directly to the consumer.

Second, if we were going to use tariffs to support American manufacturing, it would have been a good idea to do that back when there was some American manufacturing left to protect. Like around the time Trump was in kindergarten, would have been a great time to start. Even 1980 might not have been too late.

If--and this is a big if--heavy tariffs on imported goods are maintained for a long time, it could happen that tariffs eventually slowly start to bring manufacturing, and manufacturing jobs, back to the US. It could happen.

But if it did, it would take a lot longer than four years. And what happens in the meantime, is that prices on everything we import will skyrocket. And what we import includes most of our clothing, electronics, household items, large appliances, small appliances, cars, children's toys--just about anything you can name. And a fair bit of our food. (We also export a lot of food, so unless climate change wallops us real hard in the next few years, we don't have to worry a whole lot about actual food shortages, but it will not be surprising if we see higher prices and less selection as a result of tariffs, let alone other policies that Trump has discussed.) While Trump has been (of course) light on policy specifics, some numbers he's floated are 10-20% tariffs on imported goods in general, rising to 60% on Chinese goods, and 100% on imports from Mexico.

Some sources are suggesting that, since tariffs are such a completely boneheaded idea that will not do any of the things Trump claims to believe* they will do, surely someone will manage to explain this in a way that he can understand, before he actually imposes them. The author of the Vox article above thinks that's unlikely, and that having made such a big deal about tariffs on the campaign trail, Trump will charge ahead with them anyway. I don't know.

However, the point is, if you're thinking about a major purchase, you might want to do that before January 20. Especially if it's something where the manufacturing is concentrated in China, like laptops, phones, that kind of thing. According to the article, the Consumer Technology Association is saying prices in that category could go up as much as 40%, if Trump follows through on what he's floated.

And he might not! We simply do not know. However, my laptop has started doing that thing where you have to wiggle the charging cable to get it to connect; in the before-times, I'd figure I have a few months before I really have to worry about it, but as things are, I'm keeping an eye on the Black Friday sales.

(*There's some speculation that what Trump actually wants to do is weaken China's economy, which happens to be something that Putin would like to see. Another possibility is that he has some idea about reducing America's reliance on/relationships with other countries, as a way of furthering some goal of his. Or maybe he just wants to start selling Trump-branded phones, IDK.)

[selkies-world]

Me, in the UK, preparing to watch the USA get turned into a fully fledged Christian ethnostate thanks to the fact they willingly voted a Christian Nationalist into power:

Meanwhile, USAmericans:

Here's what's going to happen, now that the orange bastard is on America's throne.

First, it'll be trans people & immigrants that will get the brunt of it. They'll be treated worse than they have this century.

Then it'll be BIPOC and disabled people. It'll be the women & girls who get it the worst, out of these groups.

Then it'll be the gays, and marriage will be returned to the state, Roe & Wade style.

Then it'll be women.

Along the way, they'll also be taking money and funding out of education and the workforce, and putting it into the military, weapons, tech for the pet elongated muskrat, and the church. Funding for climate and science and medicine will be taken away and relocated.

Your weather reports will be privatised, and if you pay to be able to view them, they will give you false information, and will intentionally fail to mention climate change. You will not know when a wildfire is predicted, or a flood, or a hurricane. Likewise, you will not know when those events happen in other states. You will not know what the weather is like in the rest of the world because the news will be heavily censored and filtered.

You will also lose porn. All LGBTQIA+ content, including shows and resources and books, will be classified as pornography, and banned. You will lose the general Internet, and anonymity, and privacy. Spyware will be mandatory on your devices. Anyone caught looking at banned material will be prosecuted, and labeled as a monster - someone looking at gay porn, or reading gay fanfic, or reading up on safe gay sex, will be branded as a pedophile or a sexual deviant.

You will also find that sex ed is removed from schools. Even anatomy & biology classes will be different. You can't miss something if you're never taught it in the first place, surely. Teen pregnancies will increase, as birth control becomes illegal, and pregnancy complications, child deaths, miscarriages and teen parents will be very commonplace. Sexual diseases will also become more prevalent as the medication for them will become scarce; PReP will be next to impossible to access, so a small AIDS epidemic will resurface. Antibiotics and vaccines will become rarer and rarer.

All porn will be deigned as a threat to children, and kink safespaces for adults will be hunted and shut down as being a threat to society. Gay clubs, too. Pride will be canceled, as will pride clubs in schools and colleges. Funding for therapy & mental health resources will dry up.

Families will be torn up, children will be tortured and abused, and adults will be forced to go along with it, face the same treatment, enact the abuse, or go to jail for child abuse because they tried to help their child. Gay adoptions will stop, as will family support for families with gay children.

Meanwhile, the UK will be in a political war with the USA. Palestinians will be bombed more, and so will most countries in the middle East. Egypt will become a target, and a few other parts of Africa. Russia and Ukraine will continue to attack each other, but Russia will be watching the USA and UK. So will North Korea and China.

None of you will be told if there's another pandemic. None of you will be told if there are millions or hundreds of millions of deaths. None of you will be told about loved ones in danger in other countries or states. None of you will be told the truth about anything.

Congratulations, America. You've built your walls high, and fortified your country. But you haven't just shut the rest of the world out; you've shut yourselves in.

If you don't believe me, save this post and come back to it 1 year from now. 2 years. 3 years. 4. Take a screenshot of it. And let's see which of us is right.

[musingmanor]

[a-moment-captured]

This! I think the exact same thing! The ones who didn’t want to say they support Trump (plenty of the celebs you love probably voted for him) are the ones who pushed the election straight into Trumps hands unfortunately.

[imonthenoflylist]

PLEASE VOTE!! YOU MAY NOT THINK YOUR VOTE MEANS MUCH BUT IT DOES. CURRENTLY DONALD TRUMP HAS 101 ELECTORAL VOTES AND KAMALA HAS 52!!! PLEASE VOTE!!

[unhinged-as-hell]

For everyone panicking about World War lll and everything that comes with it.

It is very unlikely.

There is too much in the world going on at once to put a World War into the picture. There's also a ton of shit that goes into it. And we've considering grown since WWII so it'll take longer. It's not something that just pops up. Especially not in this day and age.

Theres a lot of laws in place to prevent that. The US will get involved in a war definitely, whether that's Russia and Ukraine or Trump wants to send aid and troops to Israel. The US will go to war, the rest of the world will not.

The shit that caused WWI and WWII has been pretty much stopped due to several Treaties. WWI happened because the balkans had decided 'fuck all treaties' and suddenly three (3) countires get involved and proceed to get their friends involved as well.

Also, the War on Terror just wrapped up and that was incredibly unpopular and a lot of people hate the US military/goverment. The US is also in serious debt that's about to get worse and send it into another depression so they might not even have the money for one.

War, surprising, has a lot of sense put into it. War is an industrial complex that is carefully planned and funded. we wouldn't just jump out into a full scale World War.

World War lll will not happen. And we have bigger things to concern ourselves with.