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Dave says

(5,451 posts)

3. It's the ripple effect

Reply to imanamerican63 (Original post)

Sat May 2, 2026, 11:28 PM

Saturday

The unemployed tend to spend less, leading to more unemployed, leading to more unemployed spending less, and so on. This leads to a crisis in effective demand, which was the engine of the Great Depression. Your math doesn’t hold up.

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BlueWaveNeverEnd

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Highlight:

Well, the unemployment rate is going to jump thru the roof? [View all] imanamerican63 Saturday OP

This did not occur on Biden's watch UpInArms Saturday #1

In some places it will hit hard dsc Saturday #2

It's the ripple effect Dave says Saturday #3

The answer is yes, it will jump through the roof blue-wave Sunday #4

Thanks Obama! fujiyamasan Sunday #5

More from all those tech layoffs BlueWaveNeverEnd Sunday #6