tanking
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Economy since Trump became President again
"Just a few weeks before the 2024 presidential election in the United States, the Economist explained why the country’s economy was the “envy of the world,” with low unemployment, inflation under control, and a growth rate unmatched by any advanced economy. "
In reply to ray
Y'all in the Project 2025 economy now.
In reply to ray
I thought all that ails the American economy was supposed to be fixed on day one.
oops!
Some just find out the Emperor has no clothes.
In reply to ray
And yet the working class and middle class voted against Biden's economy- with the cost of inflation cited as their main reason.
The Economist is for unfettered free market capitalism, not even Post Keynesian Institutionalism can get their nod, the plight of the working poor has never been their concern.
Both Fidelity and JP Morgan up to Friday, are still projecting a strong economy and vibrant financial markets. Time will tell.
Trump's tariff policy gonna tank the economy if there is no pullback!
In reply to ray
It's ok for him to 'tank the economy' as long as it leads to him accomplishing his overall goals.
MAGA!
Well MAGA and Trump was always saying how bad the economy was so it seems like dem on a very determined mission to make it true.
Everything Trump touches turns to a heap of crap. It is Bitcoin today, but whether it's his social media site, COVID, casinos, hotels, university, golf courses, his diapers. They all turn to crap.
America will have to learn the hard way.
Beat balls in hiding
Well, experience is usually the most effective teacher and the MAGA crowd, America and the World are all experiencing a big dose of Trump's economic and management skills that led to several bankruptcies of casinos and a business school. He even mismanaged a Charity, that requires a special skill. Many were sounding the alarm bells about Trump, none of the people who voted for him can say that they were not warned.
In reply to ray
Dow plunges over 1,000 points, Nasdaq tanks 5% as trade tensions rattle investors
The latest decline came after Trump, in a Fox News interview over the weekend, refused to rule out the possibility of a recession, further fueling uncertainty.
There goes my 401K again, a repeat of the 2006 GW Bush economy.
Now this guy thinks that Trump is 'unsettling' the economy so as to force the Feds into lowering interest rates.
Pomp: Trump deliberately crashed markets to get interest rates down
The Trump administration may be intentionally creating uncertainty in the stock markets to corner Federal Reserve chair Jerome Powell into lowering interest rates, according to a market commentator.
Doing so increases the likelihood that the US won’t need to refinance around $7 trillion in debt it owes over the next few months, Bitcoin commentator Anthony Pompliano said in a March 10 X post.
In reply to Drapsey
I want to believe it’s a deliberate and purposeful act to tank the stock market!
Of course him and his cronies stand to benefit the most, unlike the ordinary man.
In reply to Drapsey
Dem always thinking Trump playing 3 dimensional chess when he only playing ludo. The only reason why Trump has not bailed on this strategy yet is that he is not seeking a 3rd term yet and the quarter of a billion dollar purchase of the government by Elon for the right to smash the US government and set himself up and Trump not reimbursing Elon so the average American is f.....
In reply to carl0002

In reply to carl0002
Ludo....hahah
In reply to carl0002
"The Art of a Recession"

As usual, Emir knows best.
echo chamber lalaland foolishness.
Half of merica supports him.
Nothwithstanding the clout of the influential backroom misfits.
#delusional
#unwelcome
In reply to carl0002
Just love that post.
Snickers and giggles at Trump's expense, especially from misfits, will be Trump's downfall.
In reply to Drapsey
Trump is not that smart.
He is a Trial and Error President.
If it fits, it sticks.
Trump now tells his supporters that there will be economic pain ahead for Americans. That was not in the brochure!
Tariffs are just another way to tax Americans. MAGA too schupid to understand this.
Amazing how the corrupt orange snake oil salesman can kill a booming economy in just seven weeks.
In reply to VIX
we want stock market advice from you VIX in there very turbulent times.
In reply to nick2020
Buy, hold. check back in 5 years.
In reply to XFactor
15 - 20 years ago there was this 'Fair Tax' initiative underway, however, the legislators didn't fall for it. It was supposed to abolish Income Tax and replace it with Sales Tax. Effectively, if you are a low-income earner, then you just have to buy/consume less.
That's what is now being disguised by this all-conquering Tariffs thing.
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