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- cross-posted to:
- [email protected]
The United States economy is starting to show signs of strain as President Trump’s abrupt moves to shrink federal spending, lay off government workers and impose tariffs on America’s largest trading partners rattle businesses and reverberate across states and cities.
Funding freezes and firings of federal workers combined with the prospect of costly trade wars are souring consumer sentiment, raising inflation expectations and stalling business investment plans, according to recent economic surveys.
Local economies are also bracing for a sudden withdrawal of fiscal support, forcing officials to contemplate tax increases or municipal bond offerings to stabilize their budgets. While Mr. Trump has acknowledged that his policies could bring some initial pain, the early warning signs suggest that his blunt approach could come with more ominous risks to the economy.
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I took George Dubya eight years to run the US economy into the ground. Donnie will do it in eight weeks.
And when I thought Dubya was the worst that could happen, oh, I was young and naïve.
Can we just the next Great Depression over with? I’m starting to get blue balls since 2020.
My brother and dad are both pastry chefs. Since the Great Recession they both claim to be recession indicators.
Anyways, with spring/summer coming they’re both saying how things feel off and their GMs are crunching on spending.
Isn’t strippers also a good indicator of a recession?
It is almost like his ideas are bad for the Economy. Who could have seen this coming!
Big question is, how badly will it be ruined by the next mid terms
Nooo… really? Anyways… in other news, the sky is blue.
