2024 finished with a healthy economy, I wonder what 2025 will bring

US economy expanded at 2.3% annual pace from October to December - ABC News

"The report shows that Trump inherited a healthy economy when he took office last month. Growth has now topped a decent 2% for nine of the last 10 quarters. Unemployment is low at 4%, and inflation has come down from the highs it hit in mid-2022."

"The Labor Department reported Thursday that the number of Americans filing for unemployment benefits rose unexpectedly last week to the highest level in three months."

"High Frequency Economics already expects January-March GDP growth to fall below 1%, lower if Trump goes ahead with plans to slap 25% taxes on goods from Canada and Mexico. On Thursday, Trump vowed to do just that early next week."

So which myth do you think MAGA will flog? That the economy ended 2024 strong because Trump won, or that it was still awful awful awful because of that terrible Bidenflation (never mind them liberal numbers)?

And when the economy slows to a crawl because of Trumpiffs, what will be their excuse? We know one thing...they won't blame Trump.

When you take the wheel, you're responsible for where the bus goes. But Trump has NEVER taken responsibility for anything that goes wrong, and has always taken credit for everything that goes right. So we already know the answer.

Part of me wants him to change his mind on some pretext, and part of me wants him to just go right ahead and crush our economy, so the MAGAs can see that they got exactly what they voted for.

Max what do you think needs to be done to get the fed to lower interest rates.  I thought low unemployment  and strong growth is what is preventing those rates from falling.  Is it possible to lower costs with these high rates ?

Tariffs do the opposite of lowering costs and that's the centerpiece of Trumps economic policy thus far.    

conservatives railed against Biden's economy saying we shouldn't pay attention to unemployment and GDP growth.    Credit card debt, egg prices, and employee participation rate is what we were directed to.    And after only 1 month of Trump every conservative in the country is moving those goal posts as fast as they can.   You are not going to hear a peep about any of those metrics from our resident conservatives now.

The high rates are intended to slow consumer spending so that inflation settles at the 2% annual Fed target, falling prices are not typically a good thing. If prices are falling, you're probably in a recession with high unemployment, so people wouldn't be spending, and welcome to 2008 again. Prices don't need to go down, they need to settle at the 2%, giving people the opportunity to have their income increase at a higher rate than inflation. 

One interesting way an economics professor of mine put it is that in a well-functioning free economy, inflation represents an increase in productivity and standards of living. People earn more and the population increases; then for X period of time, more money is chasing the same amount of goods. That is adjusted eventually (greater output), but the demand increases continue. There's always a lag between increased demand and its fulfillment via increased supply. 

Looks like it is going straight down the shitter. 

MAGA will need plenty of self-justifying excuses, both for themselves for voting for this shit and for the idiot orange Turd, whom they will continue to adore no matter what. There is no such thing as buyer's remorse in MAGA land--maybe it's just too painful to admit.

 It must be tough being short sighted and obtuse....

It must be tough being a brainwashed MAGA who's also a repulsive, lying asshole. Why don't you try to change?