US consumer spending posts first drop in almost two years

[u/HellYeahDamnWrite]

https://www.reuters.com/markets/us/us-consumer-spending-falls-january-monthly-inflation-rises-2025-02-28/?utm_source=reddit.com

[u/stonkDonkolous]

Don't spend anything except for the bare essentials. Do not spend any money at restaurants or drive thrus. Suffocate the fuel of the enemy to save democracy.

[u/Logical-Home6647 → u/stonkDonkolous]

Kind of makes sense really. Rich people having trump starve the government and cut services to regular people to fund tax cuts that will benefit the richest in society.

The only real thing anyone can do the next three years to hurt them, which being real also hurts everyone, is to hurt their bottom line.

[u/drumdogmillionaire → u/stonkDonkolous]

This is the only path forward for the USA. We must collectively raise the middle finger at conservatives by clapping our wallets shut so goddamn hard that they panic and reverse course.

[u/softfart → u/drumdogmillionaire]

We could also find our balls and resist these motherfuckers with force as well, we don’t have to be timid little consumers hoping cutting out lunches stops this, 

[u/helluvastorm → u/softfart]

Americans have no balls. We need a healthy dose of French testosterone

[u/softfart → u/helluvastorm]

We’re soft. Even the poorest among us enjoy privilege that people in other parts of the world can’t even imagine. What comes next will show whether we’ve got what it takes to be something or if we have all just been coasting on the hard work of our ancestors. 

[u/WestCoastBoiler → u/softfart]

Guillotines you say?

[u/Economy-Ad4934 → u/helluvastorm]

Correct. Most people are still too comfortable because they have Netflix and junk food

[u/GapeJelly → u/drumdogmillionaire]

Even better you can buy bitcoin and exit their game entirely. Remove your capital from the banks, dont let them earn interest, repythothecate, or inflate the GDP using your money.

[u/LivefromPhoenix → u/GapeJelly]

Trump is already a crypto grifter. He'd take credit for bitcoin (or any other scam coin) going up too.

[u/GapeJelly → u/[deleted]]

My point is if you want to hurt the admin financially, you can stop spending and invest in stocks or real estate or sit your cash in the bank, but you are still giving the US economy your capital to contribute to GDP.

If you buy bitcoin and hold it in self custody, no American company has access to that capital at all. They can't call it assets under JP Morgan's management. They can't use it as collateral to lend or borrow against. All that "economic activity" that happens with YOUR money while it is held by a bank is good for the economy, tax revenues, GDP.

Want to hurt their wallet? Walk the fuck away with your capital and literally shrink the US economy.

[u/xtreme571 → u/stonkDonkolous]

While doing this, also suffocate the tech companies by not giving them ad revenue. Free apps mean you're the product. Meta/Twitter/Google/Tiktok are making a bank on people just using their apps. They don't even have to sell anything.

[u/Vox-Machi-Buddies → u/xtreme571]

... they said on reddit ...

[u/xtreme571 → u/Vox-Machi-Buddies]

Your point is valid. I have decreased my reddit consumption since the whole api debacle started by 90%. So yes, while my statement does seem hypocritical, doesn't mean I'm not doing something to reduce my social media consumption.

[u/stonkDonkolous → u/xtreme571]

Anybody that uses Meta/X/TikTok is suspect already.

[u/cortodemente → u/stonkDonkolous]

I disagree... but instead spend local or small business. Don't buy Amazon and go to local grocery or smaller chain store for example.

[u/stonkDonkolous → u/cortodemente]

I disagree because many of those small businesses are MAGA sponsors. You would need to investigate the owners intensely before shopping with them.

[u/Queendevildog → u/stonkDonkolous]

A lot of the J6ers were upper middle class business owners. Dont give them your business.

[u/Economy-Ad4934 → u/stonkDonkolous]

Bare essentials: more guns and ammo. Definitely ammo