this post was submitted on 17 Mar 2025
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Economics

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Summary

Trump’s aggressive economic policies—tariffs, mass deportations, and drastic government spending cuts—are pushing the U.S. toward recession.

Markets have tumbled, investment is slowing, and consumer confidence is declining.

Economists warn his $770 billion tariff plan, deep job cuts, and immigration crackdowns could cripple growth.

While Trump continues to reshape the economy, approval ratings are slipping as Americans feel the strain.

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[–] [email protected] 6 points 1 month ago

What a stupid headline.

[–] [email protected] 2 points 1 month ago (1 children)

But that's what the people voted for tho?

[–] [email protected] 1 points 1 month ago (1 children)

No, they believed that China, Mexico, and Canada would pay the money, not the US consumer.

[–] [email protected] 1 points 1 month ago

That's what the people voted for. The core issue is americans are beyond stupid.

[–] [email protected] 1 points 1 month ago

More and more, I think that someone some decades ago explained tariffs to Trump and he did not understand the explanation. He has since been living his own head cannon.