Looking Past the Headlines: How the Economy Is Holding Up

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   Sharlee01posted 2 days ago

   Steady as She Goes: Trump’s Economy Compared to Biden’s Last Days
   
   When I look at the economy today under Trump’s second term and compare it to Biden’s last days in office, I can’t help but notice something that isn’t really getting talked about. The numbers are surprisingly close. For all the talk of collapse, recession, or devastation from Trump’s trade war, the economy hasn’t fallen apart the way the experts warned it would. In fact, it’s held steady.
   
   Inflation has cooled somewhat from the peaks of Biden’s final year, and while wages aren’t shooting through the roof, they’re keeping pace enough that working families are holding their ground. Unemployment, meanwhile, is still low, just a tick off from where Biden left it. GDP growth hasn’t been explosive, but it hasn’t cratered either. It looks steady, even resilient. When you line it all up side by side, there isn’t some massive gap where Biden’s economy ended and Trump’s began, it’s more like a continuation, but with Trump managing to steady the ship through some pretty turbulent waters.
   
   What stands out most is how the “trade war” everyone said would drag us under hasn’t lived up to the doomsday predictions. Manufacturing output is holding, consumer spending is still strong, and even with tariffs and tough negotiations abroad, businesses have adapted. That tells me the American economy is tougher than many gave it credit for.
   
   So here we are, numbers that don’t look all that different from Biden’s last year, yet the doom never arrived. Maybe that’s the real story: Trump inherited turbulence, but he hasn’t let it derail the fundamentals. Steady may not sound flashy, but in these times, steady feels a lot like winning.
   
   Should I offer stats? Nah. I think I’ll leave that to the pupils of Google U. We see them all the time anyway, just breezing past them. And honestly, most of the numbers aren’t far apart enough to waste my time on. Sure, the jobs report throws out some shocking stats, but I’d be surprised if they’re entirely accurate, given all the issues we’ve seen with job reporting through the media.
   
   Just my view --- I look at history, and as a rule, the economy tends to lag in July and August, then picks up in the fall. I have a feeling that leaves won’t be the only thing turning in the months ahead.  Plus, Yep, Fed Chair Powell is set to announce an interest rate cut this week, at the FOMC meeting. Most economists expect the Fed to shave 25 basis points off the federal funds rate, bringing it down to 4.00%–4.25%. This should give the economy the boost it’s been needing for months.
   
   So, sorry for those who hoped we would see that recession.  Oh well, maybe next year.

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      Ken Burgessposted 2 days agoin reply to this

      There is going to be another severe devaluation of the dollar... I'm guessing 50% within 12 months but it will be gradual... its the way they are going to avoid a recession... and its a way for the rich to get richer.
      
      Interest rates will go down... Assets will rise in price... debt will be shifted to digital but so too will assets... if you understand what is going on and position to take advantage you should make out great... for others, they will be joining the growing percentage that fall under the definition of poor.
      
      The system is near the breaking point... but I can see how they are pushing the can further down the road... with the hope that AI, robotics, and a variety of other technologies breaking out can alter the future and avoid a collapse.

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      Willowarborposted 24 hours agoin reply to this

      All the economic indicators are trending down when you compare Biden's last days to Trump... The same people on these forums who thought we were just about in an economic depression under Biden really must be suffering now under trump, huh?  Sinking ship under Biden but steady now??
      
      What was deemed  shit back then has turned into rainbows and butterflies these days hasn't it?

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   Sharlee01posted 23 hours ago

   Today had a look about---
   
   After some research, I am encouraged by what I found about the U.S. economy in 2025. The outlook is showing signs of real strength, with several leading economists pointing to solid growth ahead. Goldman Sachs projects that the American economy will expand at about 2.5% this year, which is higher than many earlier forecasts. They emphasize that inflation is steadily moving back toward central bank targets, helping ease pressure on households and boosting real incomes. At the same time, expectations of lower interest rates later in the year could provide additional momentum for both consumers and businesses.
   
   Gregory Daco, Chief Economist at EY, has gone as far as to say, “The U.S. will be the global growth leader, and disruptor in 2025.” He highlights strong income gains, improved productivity, and the likelihood of looser monetary policy as the main drivers behind his optimism (Entrepreneur). Similarly, Jared Franz, U.S. economist with Capital Group, shares a brighter outlook than most. He points to healthy consumer spending, steady business investment, and robust productivity as forces that will keep the economy moving forward even in the face of challenges (Capital Group).
   
   What stands out across these assessments is that the United States remains on a stronger footing than many expected. Instead of slipping backward, the economy is proving resilient, adapting to global uncertainty while maintaining a pace of growth that positions it as a leader worldwide. With inflation easing, investment rising, and wages supporting consumer demand, 2025 may turn out to be a year of promise and opportunity for the American economy.

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   Sharlee01posted 23 hours ago

   As of now, the Federal Reserve has not yet announced its decision regarding an interest rate cut. The Federal Open Market Committee (FOMC) began its two-day policy meeting today, September 16, 2025, and is scheduled to conclude with an interest rate decision tomorrow, September 17, 2025, at 2:00 p.m. Eastern Time. Following the announcement, Federal Reserve Chair Jerome Powell will hold a press conference at 2:30 p.m. Eastern Time to discuss the decision and provide insights into the Fed's economic outlook.   Got my fingers crossed!
   https://www.federalreserve.gov/monetary … hatgpt.com

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      Willowarborposted 23 hours agoin reply to this

      So the economy is finally bad enough for a rate cut?

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