'Get used to it': Economist says Republicans have 'bombed' the economy for years

[Guno צְבִי]

Economist and public policy scholar Justin Wolfers says Republicans and President Donald Trump have not only set themselves up for a brutal midterm, but voters will probably be holding them accountable for high inflation and fuel prices for years.

“There is a bomb that has hit the world economy and to any of us who watch the economy, there's no question that the economy today is different than it was in February,”

The damage Trump and the GOP have done doesn’t amount to a dip or a drop. It’s much bigger than that — and more permanent. Wolfers described it more as a “crater” resulting from Trump’s bomb

MSN

 

[Tbird19482]

Economist and public policy scholar Justin Wolfers says Republicans and President Donald Trump have not only set themselves up for a brutal midterm, but voters will probably be holding them accountable for high inflation and fuel prices for years.

“There is a bomb that has hit the world economy and to any of us who watch the economy, there's no question that the economy today is different than it was in February,”

The damage Trump and the GOP have done doesn’t amount to a dip or a drop. It’s much bigger than that — and more permanent. Wolfers described it more as a “crater” resulting from Trump’s bomb

MSN

Well the fact is 12 out of the last 13 Recessions all started under Republican Presidents.
And Bush almost put us into a depression.
And we have to elect a DEM President to get us out.
They also run the debt up more then Dems do.
Regan almost tripled it . Bush doubled it, Trump has added almost 10 Trillion to it and is running us into a recession.
YEP the Republicans are great for our economy NOT!

 

[Hawkeye10]

I was told by an economist that the oil embargo was way less than this, and it caused a decade of economic hardship in America.

Buckle Up.

 

[Hawkeye10]

What have D's done to prevent the Debacle in Iran?

 

[T. A. Gardner]

Economist and public policy scholar Justin Wolfers says Republicans and President Donald Trump have not only set themselves up for a brutal midterm, but voters will probably be holding them accountable for high inflation and fuel prices for years.

“There is a bomb that has hit the world economy and to any of us who watch the economy, there's no question that the economy today is different than it was in February,”

The damage Trump and the GOP have done doesn’t amount to a dip or a drop. It’s much bigger than that — and more permanent. Wolfers described it more as a “crater” resulting from Trump’s bomb

MSN

So, it is one economist, not "economists" that is saying this and the one that is, is a Trump hating gay Leftist Australian...

https://users.nber.org/~jwolfers/index.php

Justin Wolfers | Brookings

Justin Wolfers is a professor of economics and a professor of public policy at the University of Michigan and a nonresident senior fellow of the Brookings Institution. He is a former co-editor of the Brookings Papers on Economic Activity; a research associate with the National Bureau of Economic...

www.brookings.edu

 

[Guno צְבִי]

So, it is one economist, not "economists" that is saying this and the one that is, is a Trump hating gay Leftist Australian...

https://users.nber.org/~jwolfers/index.php

Justin Wolfers | Brookings

Justin Wolfers is a professor of economics and a professor of public policy at the University of Michigan and a nonresident senior fellow of the Brookings Institution. He is a former co-editor of the Brookings Papers on Economic Activity; a research associate with the National Bureau of Economic...

www.brookings.edu

Enjoy paying higher prices, thank your MAGAt party

 

[Hawkeye10]

Enjoy paying higher prices, thank your MAGAt party

There will also be shortages.......already are.......I saw where a chip/crisp maker is going to black and white bags because of a color ink shortage.

You cant fuck with supply chains this massively and not pay for it.

 

[Hawkeye10]

I spect some people are going to be forced to learn about all the things made and powered with and by oil and gas. We are also going to learn about the cost of very long supply chains and concentrating production at just a few plants globally.

As you take that in remember that hubris is how civilizations tend to die.

 

[Hawkeye10]

60% of motor oil is made in the Persian Gulf....do I have that right?

40% of helium?

 

[T. A. Gardner]

60% of motor oil is made in the Persian Gulf....do I have that right?

This is wrong. It's more like about 20%. Most motor oil is produced in Asia or the US right now, overwhelmingly so.

40% of helium?

That's about right, but it is Qatar who produces it and it doesn't go through the strait of Hormuz.

 

[Tbird19482]

I spect some people are going to be forced to learn about all the things made and powered with and by oil and gas. We are also going to learn about the cost of very long supply chains and concentrating production at just a few plants globally.

As you take that in remember that hubris is how civilizations tend to die.

Well the fact is if you bought it at some time in that products life it or part of of was on a truck.
and oil/fuel/ gas prices going up will have to be passed on because the people that transport things are NOT going to eat fuel price increases of well over 50% it is NOT going to happen,
Prices of just about everything you buy are going to go UP,
Thanks to Trump.

 

[Tbird19482]

What have D's done to prevent the Debacle in Iran?

Oh I see you forgot that it is the Republicans that have complete control of Congress.
and what are they doing, KISSING Trumps ASS is what they are doing.

 

[Tbird19482]

This is wrong. It's more like about 20%. Most motor oil is produced in Asia or the US right now, overwhelmingly so.

That's about right, but it is Qatar who produces it and it doesn't go through the strait of Hormuz.

Have a link to back this up?

 

[Hawkeye10]

Oh I see you forgot that it is the Republicans that have complete control of Congress.
and what are they doing, KISSING Trumps ASS is what they are doing.

I dont see D's speaking out about this debacle.

Speaking out is the first step.

 

[T. A. Gardner]

Have a link to back this up?

Look it up yourself. It took me all of a minute to do that. That aside, you are buying Hawkeye's version without question?

 

[Tbird19482]

I dont see D's speaking out about this debacle.

Speaking out is the first step.

Well they may not be right at this moment but again it is a FACT that the Republicans run our economy into the ditch and it is the DEMs that get us back on track.
Again it is a FACT that the Republicans have run us into recessions 12 out of the last 13 Recessions and it was the Dems that got us back on track.

 

[Tbird19482]

Look it up yourself. It took me all of a minute to do that. That aside, you are buying Hawkeye's version without question?

OH so you can just post shit and when somebody questions YOU on where you got your info they are the ones that have to look it up,
Well I hope YOU never ask for somebody to post a link to back up what they said.

 

[T. A. Gardner]

OH so you can just post shit and when somebody questions YOU on where you got your info they are the ones that have to look it up,
Well I hope YOU never ask for somebody to post a link to back up what they said.

I can when it's open, common, knowledge that can be looked up in a matter of minutes. Hawkeye posted unsourced bullshit, and I called him on it. You can't be bothered to look this up yourself.

Top Helium-Producing Countries in the World 2025: Ranking & Data

Discover the top helium-producing countries in the world in 2025. Explore the latest ranking, production volumes, market concentration, key insights, FAQ, and official source data.

statranker.org

Helium Production by Country 2026

Discover population, economy, health, and more with the most comprehensive global statistics at your fingertips.

worldpopulationreview.com

Largest Engine Oil Production by Country and What It Means for Consumers – River Cities Running Board

There, I took the same two minutes to do it again.

 

[Tbird19482]

I can when it's open, common, knowledge that can be looked up in a matter of minutes. Hawkeye posted unsourced bullshit, and I called him on it. You can't be bothered to look this up yourself.

Top Helium-Producing Countries in the World 2025: Ranking & Data

Discover the top helium-producing countries in the world in 2025. Explore the latest ranking, production volumes, market concentration, key insights, FAQ, and official source data.

statranker.org

Helium Production by Country 2026

Discover population, economy, health, and more with the most comprehensive global statistics at your fingertips.

worldpopulationreview.com

Largest Engine Oil Production by Country and What It Means for Consumers – River Cities Running Board

There, I took the same two minutes to do it again.

OH so you make a post and can't back your lies up and somebody questions you for a link to back it up , THEY are the ones that need to look your lies up?
YOU make a statement you are the one that has to provide proof that it is fact and not lies.
As of right now it looks like you are nothing but a LIAR that can't back up what they post.
Have a nice night you lying POS.

 

[Tbird19482]

I can when it's open, common, knowledge that can be looked up in a matter of minutes. Hawkeye posted unsourced bullshit, and I called him on it. You can't be bothered to look this up yourself.

Top Helium-Producing Countries in the World 2025: Ranking & Data

Discover the top helium-producing countries in the world in 2025. Explore the latest ranking, production volumes, market concentration, key insights, FAQ, and official source data.

statranker.org

Helium Production by Country 2026

Discover population, economy, health, and more with the most comprehensive global statistics at your fingertips.

worldpopulationreview.com

Largest Engine Oil Production by Country and What It Means for Consumers – River Cities Running Board

There, I took the same two minutes to do it again.

And one more thing I don't give a fuck what Hawkeye does.