Bad News for US Economy

Oregon Live reports Intel will lay off 15% to 20% of its factory workers, memo says

Intel plans to lay off up to a fifth of its factory workers, an enormous cutback that will have a profound effect on one of the chipmaker’s core businesses.

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And what’s the latest deficit report on Trump’S big tax bill? Falling interest rates or lower tariffs on building materials looks iffy.

We could be in for a long dry spell on home building. Maybe it’s time for an RV or a tent!!

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He has already doubled the tariff on steel and aluminum to 50%. He is threatening to increase tariffs on cars above where they are currently. There are plenty more things he can take away from the Proles. Because…must cut taxes for the “JCs”.

Steve

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Remember he is TACO man.

The whole point of what he does.

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Funny thing. I posted a news item about Tik Tok getting yet another reprieve, and someone took offense, FA’d it.

Steve

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And less consumer spending:

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