Economy

SleeplessinSoCal

(9,120 posts) Sun Mar 24, 2024, 04:25 PM Mar 24

Advice to share with my small business owning brother.

He voted for TSF twice and will again no doubt. He just texted me that the "economy is a shit show". He wants to retire. But the economy is too awful.

I don't get news the way he does, but know it's via an alternate reality from us.

Is there a economics source acceptable to right wingers, that is reality based, that I could quote? Or share with him? He drags his dire observations into every conversation. And I need ammo.

Much appreciated.

6 replies

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Advice to share with my small business owning brother. (Original Post) SleeplessinSoCal Mar 24 OP

The stock market highest ever, low unemployment, the fed not raising interest rates again, Ocelot II Mar 24 #1

Thanks for that link! SleeplessinSoCal Mar 24 #5

Ask him if he remembers how tariffs worked out for the farmers when Trump was prez. CrispyQ Mar 24 #2

It is a waste of breath. SleeplessinSoCal Mar 24 #4

Jobs chart, not the latest. keithbvadu2 Mar 24 #3

I understand his complaint is about California SleeplessinSoCal Mar 28 #6

Ocelot II

(115,706 posts)

1. The stock market highest ever, low unemployment, the fed not raising interest rates again,

Reply to SleeplessinSoCal (Original post)

Sun Mar 24, 2024, 04:28 PM

Mar 24

Some specifics here: https://www2.deloitte.com/us/en/insights/economy/us-economic-forecast/united-states-outlook-analysis.html

SleeplessinSoCal

(9,120 posts)

5. Thanks for that link!

Reply to Ocelot II (Reply #1)

Sun Mar 24, 2024, 07:39 PM

Mar 24

I heard a discussion today on the rising cost of shippong pallets and it adding to inflation. Gas prices are up here.

But I'll send him that next time I bite my tongue.

CrispyQ

(36,470 posts)

2. Ask him if he remembers how tariffs worked out for the farmers when Trump was prez.

Reply to SleeplessinSoCal (Original post)

Sun Mar 24, 2024, 04:39 PM

Mar 24

Remind him that when Trump was prez & had both the House & the Senate all he did was pass tax cuts for the rich (our expire in another year or so) & try to reverse Obamacare, which they could never do. They didn't build the wall & for all their stock market yeehaw BS, it's higher now than it's ever been. Ask him to Google how much money his state got from Biden's infrastructure bill & how they're going to spend it.

Waste of breath though. He won't listen.

SleeplessinSoCal

(9,120 posts)

4. It is a waste of breath.

Reply to CrispyQ (Reply #2)

Sun Mar 24, 2024, 07:33 PM

Mar 24

But we all in our family are dealing with serious health issues. His wife has a bad case of MAC Ling disease. Our sister is mentally ill and we are trying to help her, but are not getting anywhere. My hubby has semi-late stages Alzheimer’s. For my bro I think complaining about the economy is an escape. He has said to many people his business was great under TSF. I'm tempted to ask him... Are you willing to entrust the global economy to that sick f*ck? Really?? For the rest of us, please!!! Sit this one out. Otherwise I don't think I know you.

keithbvadu2

(36,809 posts)

3. Jobs chart, not the latest.

Reply to SleeplessinSoCal (Original post)

Sun Mar 24, 2024, 07:28 PM

Mar 24

SleeplessinSoCal

(9,120 posts)

6. I understand his complaint is about California

Reply to SleeplessinSoCal (Original post)

Thu Mar 28, 2024, 12:45 PM

Mar 28

I hadn't realized our trends here aren't as good as the national.

I know nothing about this publication but feel it's right on the money.

March 27, 2024]
DESPITE POPULAR NARRATIVES, CALIFORNIA'S ECONOMY IS DOING FINE… FOR NOW

https://duckduckgo.com/?q=california%20economy&ko=-1&iar=news&ia=news&iai=https%3A%2F%2Fwww.tmcnet.com%2Fusubmit%2F2024%2F03%2F27%2F9985572.htm&pn=1

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