In six short weeks, trump has taken an economy that was the best post-pandemic economy in the world and now has economist talking about a recession and a negative GDP. It seems that everything that trump touches goes up in smoke. He has started a trade war, even with our most reliable allies while rekindling his love affair with the murderer name Putin, He and musk are decimating the US government with insane employee cuts while the MAGA congress allows him to take their constitutionally authorized powers and trampled them under his feet. This is the worst start of any administration in recent memory.
How the US economy went from booming to a recession scare in only 20 days
- Thread starter JimH52
- Start date
In six short weeks, trump has taken an economy that was the best post-pandemic economy in the world and now has economist talking about a recession and a negative GDP. It seems that everything that trump touches goes up in smoke. He has started a trade war, even with our most reliable allies while rekindling his love affair with the murderer name Putin, He and musk are decimating the US government with insane employee cuts while the MAGA congress allows him to take their constitutionally authorized powers and trampled them under his feet. This is the worst start of any administration in recent memory.
TNHarley
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Keep cutting those regs, firing fed workers, exposing waste and abuse etc. The decent people in this country appreciate it.
Oddball
Unobtanium Member
The economy wasn't "booming" in the first place....It was only propped up by the sugar high of $2 trillion deficits.....The entire Xiden regime was a total fucking lie.
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Up until Jan 20, who held the House, the Senate, the White House?
SmokeALib
Platinum Member
Oh, dear.
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- #6
Right, slap yourself cause the Felon in Chief is about to turn the US economy into one of the worst in the world. I am not sure, but there is good reason to think trump's real purpose is to destroy the United States. I that is his quest, he cannot have a better partner that Leon musk who, while knowing nothing about government, is making insane mass firings of federal workers...all so Repubs (MAGA) can give bug tax breaks to billionaires.
Now get this, even with all the cuts and downsizing, trump and his cohorts are still gonna run record deficits. It seems they believe that, although the trickle down theory has been proven a lie, that that theory on steroids will make it true. trump is NOT a smart man. His revenge tour is going to make you and me pay more for everything.
TNHarley
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Thats what yall cranks said about argentina.
When Trump was president there isn't anything he bragged about more than the stock market.
But Trump claimed credit for the stock market under Biden. He said the stock market is up because they project Trump was going to win. So Trump admits the stock market was up during Biden, but it was because of him.
Then Trump said the stock market would crash if he didn't win.
Business people right now are like deer in headlights. They don't know what to do because of Trump.
Now they are saying Biden left Trump a lousy economy. LOL.
A god awful mess is what Fox News said. Biden handed Trump a "god awful mess". LOL. Go to 5 minutes in. Seth puts it perfectly.
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Who didn't see this coming? Captain Chaos strikes again. But this time he has the really rich guy implementing a Coup from within the US government. And all those firings are gonna eventually be replaced with trump loyalist.
TroglocratsRdumb
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Intelligent informed people understand that the economy has been faltering since the end of 2023.
Attempting to blame Trump for it is just more Crazy Democrat Cult propaganda.
Attempting to blame Trump for it is just more Crazy Democrat Cult propaganda.
jbrownson0831
Diamond Member
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The Felon in Chief is no longer in office whiner.
jbrownson0831
Diamond Member
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I keep telling you to get a job so you have something else to do with your hand.
jbrownson0831
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The point is not to replace the excess baggage. Its to stop the grift then use the funding for support of Americans.
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That's NOT what you said when Trump won but wasn't president yet. You were pointing to the record high stock market.
NO, sorry you fucking lil bitch. The economy was adding 200,000 jobs a month. Last month Trump only added 70,000 and that's probably going to be adjusted down. And most of those jobs were hospitality jobs. In other words, not good jobs.
They said business leaders are like deer in headlights. They don't know what to do with Trump's uncertainty. Too unstable.
Okay so it is true that the auto industry wasn't expecting to have a good year this year selling cars but Biden/Kamala would have gotten us through the year without a fucking recession.
This reminds me of Bush 2. They claimed Clinton handed him a mess. A recession. But that tiny recession was not what led to the Great Recession. Bush's policies were harder on the middle class than was 9-11. But BOY did Bush use 9-11 as his excuse to
1. Lie us into a war
2. Give the rich tax breaks
3. Deregulate the banks so they wouldn't have enough cash on hand in case of any emergency that happened right on Bush's way out the door.
Talk about handing someone a mess. Then they complained that Obama wasn't doing a good enough job cleaning up the mess Bush handed him. Then Republicans said it wasn't Bush's fault. It was freddy mack and fanny may. It was Clinton. It was anyone other than the guy who was POTUS for the last 8 years.
TroglocratsRdumb
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The Crazy Democrat Cult did the same thing to Bush.
Bush inherited a recession from Clinton, but they blamed Bush for it.
Democrats always lie.
Oh brother. Just be honest. Trump's fucking up the great economy Biden handed him. The only thing wrong with the economy was uneducated blue collar workers were struggling. Let me remind you how the rest of us were doing before Trump fucked things up
From 2019 to 2022, the median net worth of American families jumped 37% to $192,900, after adjusting for inflation. It’s the largest increase ever recorded by the federal Survey of Consumer Finances, released last fall. Surging home values and rising stock ownership fed the surge.
TroglocratsRdumb
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A president's policies need to have about a year's time to take effect.
20 days is not enough time.
How can you say that? Trump has proved you wrong
Tesla shares tumbled 15.4%, to $222.15. That’s the lowest Tesla shares have traded since late October, reflecting investors’ newfound pessimism as the automaker’s sales crater around the globe. Monday’s decline, Tesla’s steepest since September 2020, came with Wall Street in the midst of a sell-off caused by uncertainty over the Trump administration’s trade policies.
Sorry that is not a hard rule. That's generally true but not with Trump. If you are deaf dumb and blind maybe you don't see how wrong you are. Do you watch Fox News? That explains it.
Who told you this? Sounds like something you heard on Fox. An excuse.
Trump said day one he would bring prices down. Not day 366.
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