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Redditsux@lemmy.world to politics @lemmy.world · 9 days ago

Trump Has Officially Shrunk the U.S. Economy Already After Tariff Turmoil

www.thedailybeast.com

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Trump Has Officially Shrunk the U.S. Economy Already After Tariff Turmoil

www.thedailybeast.com

Redditsux@lemmy.world to politics @lemmy.world · 9 days ago
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Economists say growth has “simply vanished” in the face of tariff-related uncertainty and less government spending.
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  • JeSuisUnHombre@lemm.ee
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    9 days ago

    It’s pretty funny that most of the time we have to wait years, often not until the next term, to feel the economic impact of a president, but Trump knows how to make shit happen immediately

    • samus12345@lemm.ee
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      9 days ago

      It sucks that only evil agendas can be illegally implemented without consequence.

  • BigMacHole@lemm.ee
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    9 days ago

    He’s a STRONG BUSINESSMAN playing 7D CHESS!

    -LITERALLY EVERY SINGLE REPUBLICAN VOTER IN THE UNITED STATES!

    • 60d@lemmy.ca
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      9 days ago

      According to John Stewart’s Monday show, Trump is winning, and has doubled his net worth, so I don’t see the problem.

    • wirebeads@lemmy.ca
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      9 days ago

      He’s not at chess level. He’s trying to play connect 4 with 3 pieces.

      • MuskyMelon@lemmy.world
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        9 days ago

        I’m stealing this! Lol!

        • wirebeads@lemmy.ca
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          9 days ago

          Enjoy my friend. Spread it far and wide when referring to the orange Mussolini.

    • pivot_root@lemmy.world
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      9 days ago

      A more depressing and less bat shit insane take I heard from a few of them is that “it will hurt but it needs to happen” and “everybody takes advantage of America and Trump will change that”.

      Where cult stupidity doesn’t work, propaganda still does.

  • mutual_ayed@sh.itjust.works
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    9 days ago

    Shrink it small enough for the billionaire class to buy it up outright.

    https://tcf.org/content/commentary/a-tale-of-two-recoveries-wealth-inequality-after-the-great-recession/

    https://blogs.lse.ac.uk/usappblog/2014/04/09/rising-wealth-concentration-helped-to-lead-to-the-2008-financial-crisis-and-continues-to-contribute-to-ongoing-financial-instability/

    https://journals.sagepub.com/doi/full/10.1177/1354066119843319

  • Jhex@lemmy.world
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    9 days ago

    …while accomplishing absolutely nothing of value

    • RampantParanoia2365@lemmy.world
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      9 days ago

      To be fair, he did say something about ending daylight savings.

  • Freshparsnip@lemm.ee
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    9 days ago

    Trump is so delusional he probably thinks prices are lower than ever and the economy is booming

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