Keep an Eye on the Economy

[cc314]

Elon Musk says Trump's economic plans will cause 'temporary hardship' and tank the stock market
But that will lead to a "healthier" economy years down the road, the Tesla CEO and world's richest person says
By
William Gavin
PublishedOctober 30, 2024

https://qz.com/elon-musk-donald-trum...ffs-1851684972

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Millionaires and billionaires should be okay, and it's supposed to be temporary. We'll see how bad it gets and how long temporary is. Of course, POTUS47 may just keep things as is with some tweaks here and there.

For non-millionaires and non-billionaires, see below.

Some have been complaining about the price of eggs, and gas, so as of 09/24 the US average ( https://data.bls.gov/toppicks?survey=ap )...
Bacon $6.95 per pound
Eggs $3.821 per dozen
Gasoline $3.344 per gallon

Housing has also been mentioned as a concern. From https://www.redfin.com/news/data-center/
Median Sale Price (US) $429K

Median Asking Rent All Beds (US) $1631


Most of us (consumers and non-landlords) are hoping prices will come down. We'll see.


I'm not going to hope for things to turn to shit (and stay there), but if they do, remember what you voted for. Own it if it happens.

[1blackman1]

Trump and the republicans promised lower prices. People will expect lower prices. That’s what they voted for and what the republicans ran on.

[Unique_Carpenter]

Local business folks, retailers, shippers, wholesalers, and manufacturers are tired of being jacked over by govt regs the Dims have put in place last 4 yrs. Excuse them if they wait until next year to see what govt actually does.