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Heading for the Trump recession.
- Thread starter keegerosu
- Start date
Because of the CHIPS Act, you moron. Trump repeals it, then you can forget about that investment.
Bless your heart. Budget cuts are hard but if your dear party hadn't been wasting so much money maybe there would be no cuts? Ever think about that simpleton?
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Atlanta Fed now projecting -2.8% Q1 GDP. Before tariffs really kick in, which will make things worse by Q2. Off and running in the Trump era. One of the greatest self-owns we’ve ever seen.
But I thought you leftist told us Biden's economy was great. Now you expect us to believe Trump destroyed that great economy in 30 days? It's not like Trump has passed some BS economic legislation that has caused anything to change.
Tax cuts combined with tariffs, a trade war, and massive spending cuts and layoffs are a recipe for economic disaster. Look, I am a millionaire. My taxes will go down. Turns out I care more about the country than my own wellbeing. Most people on this board though? They may get a few hundred more in their pocket while the trade war costs them $2k/year. Unbelievable how dumb people are.
Tariff War Risks Sinking World Into New Great Depression, International Chamber of Commerce Warns
The world economy could face a downturn similar to the Great Depression of the 1930s unless the U.S. rows back on its plans to impose steep tariffs on imports, a senior official at the International Chamber of Commerce warned.
www.wsj.com
Stock market continuing its sell off today. Likely into the foreseeable future. Meanwhile, useful idiots like Marocain Poke think it's all for shits and giggles.
Tax cuts combined with massive spending cuts and layoffs of government workers are just what the doctor ordered. Tariffs and trade wars are a stupid monkey wrench thrown into the gears.Tax cuts combined with tariffs, a trade war, and massive spending cuts and layoffs are a recipe for economic disaster. Look, I am a millionaire. My taxes will go down. Turns out I care more about the country than my own wellbeing. Most people on this board though? They may get a few hundred more in their pocket while the trade war costs them $2k/year. Unbelievable how dumb people are.
Tariff War Risks Sinking World Into New Great Depression, International Chamber of Commerce Warns
The world economy could face a downturn similar to the Great Depression of the 1930s unless the U.S. rows back on its plans to impose steep tariffs on imports, a senior official at the International Chamber of Commerce warned.
Stock market continuing its sell off today. Likely into the foreseeable future. Meanwhile, useful idiots like Marocain Poke think it's all for shits and giggles.
People keeping their own money from tax cuts will not lead to a recession. Spending cuts cannot happen without having a legitimate place to make the cuts; overemployment is a natural starting place. Tariffs and trade wars are an unnecessary intrusion of markets by a government that will lead to chaos and hasten a recession if there is one.
Dan, tax cuts targeted primarily at 1%ers like me along with spending cuts and elimination of the federal work force will absolutely result in a recession alone. Combine that with a trade war, and it doesn't take a PhD in economics to understand that the economy is going to be screwed.
