A technical market Recession is two consecutive quarters of value destruction or "decline in earnings".
I agree with you that the US "#customer #economy" and the #middleclass have been in #Depression since #Covid.
A technical market Recession is two consecutive quarters of value destruction or "decline in earnings".
I agree with you that the US "#customer #economy" and the #middleclass have been in #Depression since #Covid.
Republicans talking up the strength of the #consumer to prevent panic selling #recession.
I don't like #Republicans label of "consumer" on the American customer. It's a way for corporate to devalue the #middleclass.
They don't even realize a "strong customer" would be due to the #Biden economy.
Then they blame Biden for the drop in market value.
Watching #Republicans twist themselves into pretzels and eat their own "economic analysis" is comical.
Clueless #bootlickers
#CNBC
#squakbox
#Republicans hope that #corporate #tax cuts will boost the US stock market towards the end of 2025.
The #middleclass economy will suffer as there is no plan to reduce #food price #inflation.
#premarket
#investing
#premarket
#election2026
#2026election
Dow Jones down 3.4% in one month
NASDAQ back to Nov 2024
S&P500 back to Nov 2024
Will Republicans continue to destroy the #UnitedStates #middleclass #economy?
#Mexico #tariffs begin Monday!
#tariff
#trump
#recession
#redwave
#inflation
#election2026
#2026election
#Republicans lost the #middleclass #economy.
"Costco CFO sounds alarm on consumer trend
Retailers could be in for a rough 2025.
70% of consumers say inflation has hurt their household finances.
And compounding matters is that #interestrates remain stubbornly high due to sticky #inflation. In January the Federal Reserve hit pause on interest rate cuts. And it’s likely to hold rates steady when it meets in mid-March"
#premarket
#recession
#Trump
#tariff
#tariffs
https://www.thestreet.com/retail/costco-cfo-sounds-alarm-on-consumer-trend
another #middleClass vanishing
"The stable middle ground of tech employment - the middle-class engineer - is disappearing. Builders who can code now ship entire products in days using AI. A single developer can now accomplish what once required an entire team. Companies are focusing on engineers who can demonstrate they can do the job of multiple engineers. The biggest losers in this shift may be the fresh graduates looking to enter the industry - recent graduates now have to be better than people already working."
https://analyticsindiamag.com/ai-features/the-entire-middle-class-of-tech-is-vanishing
I wish #CorporateMedia would stop referencing the imaginary #MiddleClass.
There is no "middle class" in the "united" states, there are three #castes:
#Oligarchs, #WorkingStiffs and #DrugAddicts, that's #Murrica
There's talk of a #doge #stimulus with an income minimum
It won't be to help those most in need
It will be to pad the pockets of those who most profit from #consumerism
It may be said that the #middleclass can't help those in need, because so much already goes to supporting #capitalism
Then stop
Engage in mutual survival, not feeding the machine
The machine that continues to bring poverty & death to families such as #SabiLewSounds & family
We can't know the future & so many are struggling in this world
Those who help most struggle most
Those who help least struggle least
The #middleclass produces despots by giving of themselves more to support #capitalism & #fascism, than ever to help those in #poverty
There's this state of #apathy & #complacency, built on fear, that keeps lined the pockets of those at upper echelons of #society
Like keeping those in power appeased, that they too aren't left with nothing
The @GOP has long implemented policies that siphon money from #GovernmentServices and #SafetyNets, converting #HumanMisery into wealth for the upper class. The #WealthPump drains the #MiddleClass and #ThePoor.
America Needs a Working-Class Media
Catering to rich audiences is not serving us.
https://www.cjr.org/analysis/america-needs-working-class-media-end-catering-rich-audiences.php
#Media #Journalism #NewsOutlets #MiddleClass #WorkingClass #Journalists #Democrats
What Americans believe vs reality. Reality IS they ARE NOT "Temporarily embarrassed millionaires", they're #WageSlaves.
"According to the survey, 63% of single respondents and 69% of divorced respondents reported household incomes under $50,000 annually." https://unusualwhales.com/news/70-of-single-people-struggle-to-afford-housing-payments-compared-to-52-of-married-people
Yet, "Fifty-four percent of Americans consider themselves part of the #middleclass, with 39% identifying as “middle class” and 15% as “upper-middle class," per Gallup:"
Citing https://masto.ai/@unusual_whales/114025953098433136
#TIL that in the #USA the common or #garden pickled #gherkin is referred to as a #cornochon.
Who knew #workingclass #food needed a name change before it's served to the #middleclass customer
Die Mittelklasse geht ja unter.
Sie ist ja auch nur Arbeiterklasse (sonst würde sie ja die Produktionsmittel besitzen) bloß halt mit iPhones. Das weiß sie aber nicht, denn Klassenbewusstsein muss man lernen.
Sie selbst hält sich ja für erweckt. Woke von eng. "woke up" - erwacht, aufgeweckt. Das ist selten ein gutes Zeichen.
Ich bin dafür, wir ersetzen das mit
vogue und dieses Mal nicht als Abgrenzung von den Armen, sondern als Solidarität aller. Man wird ja noch träumen dürfen....
Trump’s #attack on the #federal #workforce is an attack on the Black #middleclass. Center for American Progress - “the federal government has hired Black Americans at higher rates than the private sector going back a century or more.” Federal workforce, though far from majority #Black, is disproportionately Black. Any policy aimed at firing federal workers en masse would still #disproportionately hurt Black people. This is not a bug in Trump’s program. It is a feature. https://www.msnbc.com/opinion/msnbc-opinion/trump-dei-federal-workers-civil-rights-rcna188966
Thousands upon thousands of people work for these tech billionaires, churning out code, maintaining systems and running the business. Musk and Zuckerberg may not want to admit it, but they couldn't make a dime without those people. #uspol #uspolitics #workers #MiddleClass #labor #economy
https://www.salon.com/2025/01/17/the-tech-billionaire-on-woke-is-really-targeting-workers/