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17 minutes ago, dawkins4prez said:

They said let him cook so when does any of this finally pay off?

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We have an incredibly progressive tax structure.

The EU offers better social services that are funded by taxes on the middle class. A mix of consumption and income taxes.

"The rich" is a small tax base. You could tax the top 1% at 100% and still not close the deficit.

You want "truth?" The US middle class is getting a much better "deal" - basically a free ride - than any other class of persons on the planet.

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1 hour ago, JohnSnowsHair said:

We have an incredibly progressive tax structure.

The EU offers better social services that are funded by taxes on the middle class. A mix of consumption and income taxes.

"The rich" is a small tax base. You could tax the top 1% at 100% and still not close the deficit.

You want "truth?" The US middle class is getting a much better "deal" - basically a free ride - than any other class of persons on the planet.

There is no doubt that your typical professional middle class type person is doing far better in the US than the same person in Europe. The US version has a much larger compensation plan and far more disposable income. The only real benefit that the Euro type gets that the US type can't pay for is the extra weeks of vacation. Now if you go below the professional level things start to change.

16 minutes ago, DrPhilly said:

There is no doubt that your typical professional middle class type person is doing far better in the US than the same person in Europe. The US version has a much larger compensation plan and far more disposable income. The only real benefit that the Euro type gets that the US type can't pay for is the extra weeks of vacation. Now if you go below the professional level things start to change.

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On 6/2/2025 at 10:34 AM, Kz! said:

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roll roll roll

Tanking the US economy is pretty hard, even for a despot in total control of the government. TACO effect mitigates the velocity of the downfall but the further this dude doubles down the more inevitable it gets.

8 minutes ago, Mike030270 said:

Americans are f'ing mushrooms at this point. In the dark and fed shite. They'll be telling us hurricanes that hit didn't happen by september.

20 hours ago, JohnSnowsHair said:

We have an incredibly progressive tax structure.

The EU offers better social services that are funded by taxes on the middle class. A mix of consumption and income taxes.

"The rich" is a small tax base. You could tax the top 1% at 100% and still not close the deficit.

You want "truth?" The US middle class is getting a much better "deal" - basically a free ride - than any other class of persons on the planet.

How does the share of overall wealth compare between the US and the EU? I would guess the top 3% in the US hold more of the overall wealth than the top 3% in EU nations, but that is just a guess.

I also think the US income tax bracket "chart” doesn’t reflect what is paid in on tax day. Naturally, wealthy people use every available resource to avoid paying as much taxes as possible, and our tax system is mostly designed by the wealthy to do so. Do EU countries offer the same tax write offs/exemptions/incentives/loopholes/ect. as the US?

24 minutes ago, dawkins4prez said:

Americans are f'ing mushrooms at this point. In the dark and fed shite. They'll be telling us hurricanes that hit didn't happen by september.

what hurricanes?

Just now, Alpha_TATEr said:

what hurricanes?

Did hurricanes ever exist or have they always been a liberal media hoax?

46 minutes ago, Mike030270 said:

lmfao remember when the Biden admin would just quietly revise BLS data every single month of his presidency? Gee, we just can't trust government data all of a sudden! lol

11 minutes ago, dawkins4prez said:

Did hurricanes ever exist or have they always been a liberal media hoax?

yep, just another al gore manbearpig scare tactic to syphon tax dollars to hunter biden.

The WSJ is another liberal rag trying to cover for Biden!

2 hours ago, Mike030270 said:

JFC is he dumb! Gasoline isn’t even below $2 on the wholesale market. What an absolute moron!

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2 minutes ago, Kz! said:

Record harvest, comrade!

Employers added 139,000 jobs in May, according to a report released Friday by the Labor Department. That's a modest downshift from the previous month. Job gains in March and April were also revised down by a total of 95,000 jobs.

Came in slightly higher than expectations, but earlier months were revised down and the labor market continues to cool as the workforce shrank by 625k (which is the only reason the unemployment rate stayed down).

I work in staffing (backoffice IT). We just went through the first layoffs impacting the IT department in the 15 years I've worked for this company. 10% reduction in salaries was required, which resulted in 15% of workers laid off in IT (many laid off workers were on the lower end)

We're getting fewer open jobs, more clients closing or pausing jobs, and pressure to reduce spend to weather this self-inflicted storm.

This is getting brutal.

26 minutes ago, JohnSnowsHair said:

Employers added 139,000 jobs in May, according to a report released Friday by the Labor Department. That's a modest downshift from the previous month. Job gains in March and April were also revised down by a total of 95,000 jobs.

Came in slightly higher than expectations, but earlier months were revised down and the labor market continues to cool as the workforce shrank by 625k (which is the only reason the unemployment rate stayed down).

I work in staffing (backoffice IT). We just went through the first layoffs impacting the IT department in the 15 years I've worked for this company. 10% reduction in salaries was required, which resulted in 15% of workers laid off in IT (many laid off workers were on the lower end)

We're getting fewer open jobs, more clients closing or pausing jobs, and pressure to reduce spend to weather this self-inflicted storm.

This is getting brutal.

It's going to be bad for a while. I tell people to make sure they have several months of savings available.

On 6/5/2025 at 10:06 AM, Mike030270 said:

Same energy

40 minutes ago, JohnSnowsHair said:

Employers added 139,000 jobs in May, according to a report released Friday by the Labor Department. That's a modest downshift from the previous month. Job gains in March and April were also revised down by a total of 95,000 jobs.

Came in slightly higher than expectations, but earlier months were revised down and the labor market continues to cool as the workforce shrank by 625k (which is the only reason the unemployment rate stayed down).

I work in staffing (backoffice IT). We just went through the first layoffs impacting the IT department in the 15 years I've worked for this company. 10% reduction in salaries was required, which resulted in 15% of workers laid off in IT (many laid off workers were on the lower end)

We're getting fewer open jobs, more clients closing or pausing jobs, and pressure to reduce spend to weather this self-inflicted storm.

This is getting brutal.

Tech has been brutal for the past 2 years now. We are directly impacted in consulting, no jobs out there and we are clawing for work.

So I gave my two weeks notice earlier this week.

12 minutes ago, Paul852 said:

It's going to be bad for a while. I tell people to make sure they have several months of savings available.

We actually do have about 6-7 months, though about half of it is going to used for replacement windows, paying our property and school taxes and a fall vacation. I’m not worried too much unless my job slows down too the point we lose hours, though I might retire next year anyway.

We are a solid company but we are already experiencing major supply issues we currently have a sheet ton of orders on hold because waiting for parts from our domestic suppliers. We use a lot of local small businesses for fabricated parts, and they are also experience supply issues.

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