On Thursday morning, MSNBC economic analyst Steven Ratner painted a dark picture of what he expects will happen if Donald Trump win's re-election in less the two weeks.Standing before a big display that blared "Trump's Plan Will Crater Economy," the investment analyst claimed voters could find thems...

Besides blanket tariffs that make everything more expensive, letting Americans buy less stuff, there will be job losses from retaliation, and less money to buy other stuff.

There is unlikely to be mass reindustrialization of the US in the face of low demand, and not being exportable products due to retaliatory tariffs. Deporting 10m people will harm housing and banking and tax revenue and other demand for stuff.

  • @ikiddEnglish
    2•1 month ago

    Not to minimize the damage that Trump would do to the country, but if you expanded the usefulness of what a media outlet “analyst” has to say tenfold, it would still rattle around in a gnat’s asshole.