According to CNBC, “The Trump administration’s purge of federal workers may ultimately amount to the biggest job cut in U.S. history, which is likely to have ramifications for the economy, especially at the local level, according to economists. The White House, with the help of Elon Musk’s so-called Department of Government Efficiency, has fired or offered buyouts to workers across the federal government, the nation’s largest employer. While the precise scale of the job cuts is as yet unclear, evidence suggests it’s at least in the tens of thousands so far, economists said. The Trump administration directed federal agencies to dismiss ‘probationary’ employees. Probationary workers are more-recent hires who have been with the federal government for only a year or two and who do not yet have full civil service protections. There were about 220,000 federal employees with less than a year of tenure as of May 2024, according to the most recent data from the U.S. Office of Personnel Management. … ‘We may soon find out the hard way that people drive the U.S. economy,’ Cox [chief market strategist at Ritholtz Wealth Management] wrote.”
Um, wow! Does this epiphany fall under the no-sh*t-Sherlock category? I’m surprised that it took four weeks for these “genius” business reporters, economists, and wealth managers to finally understand the risks of the government terminating hundreds of thousands of employees, coupled with the domino effects of cutting off sources of revenue to countless other American-based businesses and enterprises. Seriously! What could possibly go wrong is a question these idiots are just now asking. I can’t with these f***ing idiots who constantly give Dictator Don the benefit of the doubt, a man who’s bankrupted a casino for f*** sake. But that’s what this sh*t-for-brains country voted for: Someone to disrupt the status quo. Be careful what you wish for, you f***ing American morons. You can’t shake up the government this large, this quickly, with this much haphazardness, and not expect the entire system to seize up. Christ! I live in f***ing Trump Stupid hell! Welcome to stupid America! Yes! Just f***ing yes!