Chaos and uncertainty are never good for the economy.
U.S. Economy Shows Signs of Strain From Trump’s Tariffs and Spending Cuts
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tigerred59
Verified User
U.S. Economy Shows Signs of Strain From Trump’s Tariffs and Spending Cuts
Consumer and business sentiment is wobbling as fiscal support fades and fears rise that tariffs will lead to higher prices.
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.
“There’s more uncertainty than I think is widely appreciated,” said Michael Strain, an economist at the conservative American Enterprise Institute. “All the uncertainty around trade policy, uncertainty around some of the things that the Department of Government Efficiency is doing, I think will have a chilling effect on investment plans and expansion plans.”
U.S. Economy Shows Signs of Strain From Trump’s Tariffs and Spending Cuts
Consumer and business sentiment is wobbling as fiscal support fades and fears rise that tariffs will lead to higher prices.www.nytimes.com
Callinectes
Proud MAGA Semi-Facist
I’d say that was the intent, create chaos, keep Trump in the news, numerous photo ops and text
But it is starting to catch up with them, already Musk has been exposed for fudging figures and they’ve have had to recall some of the same employees they’ve fired
Most Americans say economy is getting worse
The majority of Americans believe the economy is getting worse rather than better, even as Republican views on the nation’s finances have performed a dramatic backflip since Donald Trump’s re-election, according to an exclusive poll conducted for the Guardian.
One month into Trump’s second presidency, a Harris poll found that 51% of Americans now believe that the US economy is worsening, while just 20% said it was improving and 29% said it was the same.
Most Americans say economy is getting worse but Republican views do backflip
Harris poll finds 51% of Americans think US economy is worsening with views on Trump tariffs split on party lines
www.theguardian.com
You went to Trump University, didn’t you
Tbird19482
Verified User
And I have been reading a lot of them aren't going back because they think if they can screw me now like this am I going to have to live on the edge of being fired for no reason at all for the rest of my working life?
^^ Chaos and incompetence.
tigerred59
Verified User
If we can get Democrats to just step back, relax and allow this MAGA train wreck happen, everybody will in the end, be free from these motherfuckers forever.....let Elon and Trump do what they want to do...ain't nobody stopping them anyway and Dem's don't have the courage nor numbers to do anything....so step back, be humble and let these mf's bee......
Tbird19482
Verified User
Are you saying President Musk is creating chaos and is incompetent?
Say it isn't so.
Not President Musk.
LOL.
Diogenes
Nemo me impune lacessit
It's hard to imagine anyone competent hiring a South African immigrant with no government experience to evaluate and slash federal agencies.
tigerred59
Verified User
Can you imagine Obama holding a cabinet meeting and inviting Dr. Dre or some liberal billionaire to speak first before his cabinet says a word??? Just the thought is incomprehensible....white conservatives get away with all kinds of fuckin shit.
Tbird19482
Verified User
And just think the party has just begun .
Let the Shit Show go on it is going to be a real ride.
tigerred59
Verified User
This shit show has to happen in order to cleanse this nation of MAGA forever....one these brain dead white fucks and sellouts start feeling the impact of what those clowns are doing, they'll come around. That's why we gotta get off the mic's, stop with these press conferences that nobody is paying attention too and let these DEI hating motherfuckers have at it....and the beauty in all this....HIS SUPPORTERS ARE MELTING LIKE BUTTER ON A HOT WHORE'S ASS AND I LOVE IT. Whining to Trump, "they not like us", we's one of you!! Love it
Callinectes
Proud MAGA Semi-Facist
You went to Trump University, didn’t you
Sadly no. But I'm guessing you did? Maybe you can fill me in on what you learned in tariffs 101.
Tbird19482
Verified User
Well IMO it is going to get a lot worse before it gets any better.
My biggest bitch is we are all going to get hurt because of the stupid MAGA mother fuckers
Althea
Althea told me...
The market, along with most corporations were counting on at least 2 or 3 interest rate cuts this year. trump's inflationary policies have all but put that dream to bed. Common wisdom now dictates a possible rate cut in the summer sometime, but even that's not a certainty.U.S. Economy Shows Signs of Strain From Trump’s Tariffs and Spending Cuts
Consumer and business sentiment is wobbling as fiscal support fades and fears rise that tariffs will lead to higher prices.
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.
“There’s more uncertainty than I think is widely appreciated,” said Michael Strain, an economist at the conservative American Enterprise Institute. “All the uncertainty around trade policy, uncertainty around some of the things that the Department of Government Efficiency is doing, I think will have a chilling effect on investment plans and expansion plans.”
U.S. Economy Shows Signs of Strain From Trump’s Tariffs and Spending Cuts
Consumer and business sentiment is wobbling as fiscal support fades and fears rise that tariffs will lead to higher prices.
Add to that the millions who will be unemployed as the trickle down effect kicks in from the mass firings.
These dumbfucks have abandoned everyone but the uneducated base when it comes to pandering. Ironically, said base is going to be hurt the most. They're just too stupid to realize it.
It'll be Biden's fault.
Althea
Althea told me...
Or...he does and he's doing it on purpose.
Althea
Althea told me...
When hundreds of thousands of people are simultaneously fired, there is a ripple effect throughout local economies. This shit might be as bad as Covid.