Thank you, Trump, for great economy

Whirlpool says Iran war causing ‘recession-level industry decline.’ The shares are down 12%​

Whirlpool shares tumbled Thursday after the iconic appliance maker warned that the Iran war triggered a severe downturn, underscoring how sharply higher fuel prices and collapsing consumer confidence are beginning to weigh on big-ticket purchases.

“War in Iran resulted in recession-level industry decline in the U.S. as consumer confidence collapsed in late February and March,” the company said in its earnings filing.

The comments marked one of the starkest corporate warnings yet about the economic fallout from the conflict and contrasted with more resilient spending trends recently highlighted by companies tied to travel and services.

 
Trucking companies survived the Biden nightmare. They will survive lower prices we see now.

No they didn't. Thousands went out of business under Biden and more are going under under Trump.

Key 2025 Trucking & Logistics Layoffs/Closures
  • Montgomery Transport: The 600-truck flatbed carrier filed for Chapter 7 bankruptcy and shut down abruptly in August 2025, leaving drivers stranded.
  • 10 Roads Express: Announced the shutdown of operations and termination of USPS contracts in November 2025 due to "significant headwinds".
  • Texas International Enterprises: Filed for Chapter 11 bankruptcy in December 2025, putting 600 driver jobs at risk.
  • VIB Trans, Inc.: An Illinois-based carrier with 34 drivers filed for Chapter 11 in October 2025.
  • Regional Impacts: Over 3,090 freight-related job cuts were announced in mid-2025, with major impacts in Alabama, California, Florida, Georgia, and Texas
  • Yellow Transport: 30,000 trucking jobs lost as the company went under. One of the biggest LTL carriers in the nation.

Major 2026 Trucking and Logistics Layoffs
  • [10 Roads Express]: An Iowa-based carrier with over 2,500 trucks announced it is shutting down by January 30, 2026, due to the loss of major USPS contracts.
  • [UPS]: Planning to reduce its operational workforce by 30,000, following 93 building closures.
  • [Target]: Cutting 400 supply chain positions and 100 district office roles.
  • Saddle Creek Logistics & Services: Laid off 168 employees in Kentucky in April 2026.
  • [Ryder]: Laid off 153 employees in Iowa due to contract non-renewals.
The industry is seeing the highest number of January layoffs since 2009, with January 2026 showing a 118% increase in layoffs compared to January 2025. The cost of fuel alone has DOUBLED in 2 months. NO INDUSTRY can sustain that when its an industry with such tight margins, like trucking.
 
Last edited:
All temporary. Gas prices will fall and everything will pick right back up.
You Panicans don't understand reality very well.

Yep, these Trumptards signed up for winning...only to find themselves now making excuses about how all the losing is just temporary. :rolleyes-41:
 
Screen Shot 150.webp


U.S. Debt Tops 100% of GDP, ‘Deeply Troubling’ for Economy, National Security
 

Consumer sentiment falls to fresh record low in May as surging gas prices hit outlook​

Surging gas prices due to the Iran war sent consumer sentiment to a new low in the early part of May, according to a University of Michigan survey Friday.

The school’s closely watched Survey of Consumers posted a 48.2 preliminary reading, down 3.2% from April’s prior record swoon and off 7.7% from a year ago. Economists surveyed by Dow Jones had been looking for 49.7.

Inflation fears were the primary driver of the continued trend lower in consumer attitudes.

The trend, which also saw the current conditions index tumble 9%, is “owing to a surge in concerns about high prices both for personal finances as well as buying conditions for major purchases,” the survey’s director, Joanne Hsu, said.

One-third of respondents mentioned gas prices as the biggest cause of concern. However, another one-third also cited tariffs — both connected to President Donald Trump, who launched an attack on Iran in late February and announced an aggressive slate of tariffs in April 2025.

www.cnbc.com

Consumer sentiment falls to fresh record low in May as surging gas prices hit outlook

Surging gas prices due to the Iran war sent consumer sentiment to a new low in the early part of May.
www.cnbc.com
www.cnbc.com

The respondents to the survey just aren't paying attention. Don says the economy is great.
 
No, they went WAY up under Biden, they just didn't come down under Trump. 9% inflation for Biden is prices going WAY up. Inflation is under 3% right now. Let's see how long that lasts.
You are partially right.

Yes the cost of living went up, after Biden stole the Election, but it also went up when Trump was first POTUS.

But when Trump came in to Office, his Second Term, due to the Inflation that already existed, and Trump's Tariffs, ..... "Affordability" began dying a quickening death, & that continues even Today.

Parts & Equipment for My Field have Quadrupled in price, under Trump -Biden, & Now Trump again.

Farmers in My Area are now paying, if they can get it, at least $800.00 a ton for Urea, to put in the fields for planting.

Our Utilities & Communications Bills have escalated since Trump was 1st POTUS, and they have not come down "One Penny".

The cost of feed for Cattle, & Chickens has sky-rocketed.

Those who proclaim that the Economy is Booming, & Praising Trump, have either gotten ahold of some Fentanyl, that TRump didn't Blow up, or,.... They are making more than #120,000 a year.
 
Much to the Left’s dismay, Trump is giving us a great economy. We have a record high in the stock market, and a 60-year low in unemployment. The GDP continues to grow, and home prices have declined. Consumer confidence rose sharply last month. Income growth is outpacing rent increases. Consumer spending is strong, helped by tax cuts, and inflation is a decent 3%.

Tell us you’re in a cult without saying you’re in a cult.
 
All temporary. Gas prices will fall and everything will pick right back up.
You Panicans don't understand reality very well.
You remind me of the Badly Beaten Woman in Intensive Care, who refuses to press charges against her boyfriend that beat here, cuz' ,.... She insists that "He loves her."
 
15th post
Tell us you’re in a cult without saying you’re in a cult.
You just did: nothing but insults and lies,

How about listing the Dem policies? What’s on their agenda other than Orange Man Hitler?
 
Policies? Are you kidding me? They can't even name a party LEADER much less a policy!
They’re in a total panic. Their biggest fear right now is that the Islamic terrorists will surrender their weapon-grade uranium, gasoline drops, the economy takes off even more - and all before the midterms.

They are rooting AGAINST America.
 
Policies? Are you kidding me? They can't even name a party LEADER much less a policy!
Actually, I know their policies:

1) reinstate the invasion of illegals
2) release violent criminals from prison
3) bring in more Muslims and put prayer rugs in schools, shopping malls, and in front of the 9/11 memorial
4) go back to discriminating against white for jobs and college spots
 
Back
Top Bottom