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Groups > alt.fan.rush-limbaugh > #2905243
| From | c186282 <c186282@nnada.ne> |
|---|---|
| Newsgroups | alt.fan.rush-limbaugh, alt.society.liberalism, alt.atheism, alt.fun, talk.politics.guns |
| Subject | Re: A Trump Recession Has Become A Virtual Certainty |
| Followup-To | alt.fan.rush-limbaugh |
| Date | 2025-03-07 01:34 +0000 |
| Organization | To protect and to server |
| Message-ID | <XnsB29AD14727936d@94.23.43.182> (permalink) |
| References | <7UqyP.182298$FVcd.138374@fx10.iad> |
Cross-posted to 5 groups.
Followups directed to: alt.fan.rush-limbaugh
>Widespread tariffs and swift government cuts add pain to an already >slowing economy. > >By Heather Long > >Americans are growing fearful of a recession. It’s not here yet, but >President Donald Trump is steering the country toward a downturn with his >tariffs and cuts to spending and the federal workforce — for no logical >reason. Make sense of the latest news and debates with our daily >newsletter > >Trump has raised tariffs to their highest levels since the 1940s. The >scale and scope of his levies on imports from China, Mexico and Canada >are beyond anything he imposed in his first term. And he has only just >begun. Though he has granted a one-month pause on tariffs affecting the >auto sector and, as of Thursday, most Mexican imports, he is threatening >“reciprocal tariffs” on almost all imports starting on April 2. Wall >Street banks have in turn hiked their probabilities for a 2025 recession. >Even economist Ed Yardeni, one of the most optimistic forecasters, said >in a note that he is “raising the odds of a tariff-induced recession >from 20 percent to 35 percent.” > >https://www.washingtonpost.com/opinions/2025/03/06/trump-recession-tariffs >-layoffs/ > >The economy *boomed* under Biden — GDP up, employment up, real wages >up, business investment up, consumer confidence up — and all the while, >Republiscums/QAnon lied and said how terrible the economy was. Now Trump >is *deliberately* crashing the economy, and Republiscums/QAnon are mute. > All hail the Trump recession. Just as long as the billionaires are safe. We will come out of this stronger and better!
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