ubergeek

If we go back to the Great Depression, just creating jobs didn’t fix the economy, my understanding is that gold inflows (we were still on the gold standard) largely did, because it increased money supply, encouraging more investment

WW2 fixed the Great Depression...

Since the economy is reasonably healthy (lowish unemployment, inflation under control, etc)

OMG... The economy ISN'T reasonably healthy...

Inflation is headed back up.

Houselessness in the US hit records highs, and still climbing.

Real income is still flat from 1980.

It turns out, when you flood the market with competent workers and your economy is otherwise healthy, they tend to get snapped up.

That... Not at all how it works. It ignores all sorts of things, like labor mobility. Remember the Great Depression? Loads of people, and loads of jobs out there... Labor was frozen, and immobile.

Right now, we have low unemployment, because people are holding 2 and 3 jobs just to meet basic needs... And are still falling behind.

https://www.politico.com/news/magazine/2025/02/11/democrats-tricked-strong-economy-00203464

The economy is only doing "reasonably well" for oligarchs.

Additionally, slashing federal spending does... Reduce the GDP. Every federal dollar spent usually leads to 3-7 USD once it gets to the streets.

30k is a low end estimate. And 30k+ people in a single month WILL be more than a dent. So, take the 100-150, and revise back to 70-120K new jobs, which is below typical new job creation.

And this is JUST the first wave of effects... Those jobs created other jobs, down the line, which also are going away. Case in point: The 90 people in a single NPO that let everyone go. That is not unique, and not counted in the federal layoff count.

Just looked it up, the current count is 77,000 employees have been terminated, so far. So, that 100-150k gets revised downward to 30-70K new jobs... Almost cut it in half there! Its expected to increase, upwards of 200K. And, those all, once again, have downward effects on local govs and NPOS.

I doubt we’ll see a depression unless Trump increases tariffs again in response like Hoover did.

Hoover wasn't ripping through the federal government, slashsing employee headcounts, and slashing outgoing funds.

These two alone, are likely enough to seal the "Depression" deal... Like, in 1 month, we have 30,000+ new people seeking unemployment; states, counties, and cities are going to start cutting jobs too, because of the slashed federal funds which fund programs at those levels. I know one non-profit that has basically let all 90 employees go, because lack of federal funds coming in on grants means they can't keep the rent paid.

Yeah no shit? Like anyone honest with themselves KNEW that would be the result if Trump won the presidency.

They should have been saying this BEFORE the election, instead of gargling the wrinkled, atrophied, and filthy balls of Trump.

I think it's telling that enemy and ally are closely matched...

Canadians likely have some nuance here... They don't hate "us" the people, they hate "us" the country.

Most Reich Wingers want no oversight of their armed thugs.

Until it personally affects them.

No, but state nullification will still matter. And there are few New Yorkers who wouldn't nullify in this case, I feel. Being in NY.

Today, if a hostile state kills the President, it might produce disruption for a short period…but that disruption probably isn’t going to buy all that much, strategically.

Can't possibly be any more disruption than what the current president is causing... So I'd call it a win if he was taken out.

Oh... I am loving this! I hope he puts it on a rush job to be completed and in the air with Trump, and his whole cabinet on board within 1 month.

EDIT

I hope we come up with a US Navy 1 submersible too, built by Elon! Trump can get in the idiot squisher too!

Goddam, you're right... How those years blend...

I gave you facts and number.

The facts are it takes 1.5x powerplants to scrub the carbon from 1x powerplants, using CCS.

So, it's just better to NOT use dirty electricity, and convert it to a renewable, like solar, wind, or hydro.

Also, my company has as objective to becomes neutral by 2030 and 20% carbon negative by 2050.

So, your company will be paying the full cost of the carbon produced by your company? Doubtful. Nobody pays full environment price at the pumps. Or, their electric bills. Or their nat gas bill.

Fossil fuels are subsidized.