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Economy since Trump became President again

 
ray 2025-03-07 15:44:33 

tanking

 
ray 2025-03-07 15:50:53 

"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. "

 
SnoopDog 2025-03-07 15:56:10 

In reply to ray

Y'all in the Project 2025 economy now.

 
XFactor 2025-03-07 16:02:25 

In reply to ray

I thought all that ails the American economy was supposed to be fixed on day one. lol

 
embsallie 2025-03-07 22:13:43 

oops!
Some just find out the Emperor has no clothes.

 
Emir 2025-03-09 22:12:00 

In reply to ray

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. "


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.

 
XDFIX 2025-03-09 23:29:45 

Trump's tariff policy gonna tank the economy if there is no pullback!

 
Drapsey 2025-03-10 12:00:21 

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!

 
carl0002 2025-03-10 14:57:23 

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.

 
XFactor 2025-03-10 15:52:06 

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.

 
ray 2025-03-10 19:53:54 

Beat balls in hiding

 
dayne 2025-03-10 20:45:27 

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.

 
Drapsey 2025-03-10 20:53:04 

In reply to ray

Dow plunges over 1,000 points, Nasdaq tanks 5% as trade tensions rattle investors

A three-week market sell-off worsened on Monday as concerns over the economic impact of President Donald Trump’s tariff policies rattled 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.

 
Drapsey 2025-03-11 11:37:57 


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.

 
StumpCam 2025-03-11 13:29:57 

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.

 
carl0002 2025-03-11 13:31:26 

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.....

 
nick2020 2025-03-11 14:23:33 

In reply to carl0002

Dem always thinking Trump playing 3 dimensional chess when he only playing ludo.


lol

 
ray 2025-03-11 14:41:38 

In reply to carl0002

Ludo....hahahbig grin

 
SnoopDog 2025-03-11 15:35:03 

In reply to carl0002

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.....


"The Art of a Recession" lol

 
JahJah 2025-03-11 15:45:45 

As usual, Emir knows best.

 
VIX 2025-03-11 16:09:44 

echo chamber lalaland foolishness.

Half of merica supports him.
Nothwithstanding the clout of the influential backroom misfits.

#delusional
#unwelcome

 
Drapsey 2025-03-11 16:47:04 

In reply to carl0002

Just love that post. smile

 
VIX 2025-03-11 17:21:49 

Snickers and giggles at Trump's expense, especially from misfits, will be Trump's downfall.

 
embsallie 2025-03-11 17:59:07 

In reply to Drapsey

The Trump administration may be intentionally creating uncertainty in the stock markets to corner Federal Reserve chair Jerome Powell into lowering interest rates,


Trump is not that smart.
He is a Trial and Error President.
If it fits, it sticks.

 
XFactor 2025-03-11 18:04:31 

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.

 
nick2020 2025-03-11 18:40:57 

In reply to VIX

we want stock market advice from you VIX in there very turbulent times.

 
VIX 2025-03-11 18:42:26 

In reply to nick2020

Buy, hold. check back in 5 years.

 
Drapsey 2025-03-11 21:08:21 

In reply to XFactor

Tariffs are just another way to tax Americans. MAGA too schupid to understand this.

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.