Trump admits he may be causing a RECESSION

[Lesh]

Things are not worse since day one.

Gas is cheaper.

Nope

 

[j-mac]

Yup. And what he said in the OP will be forgotten.

I have no problem with big changes, or with shocks to the system. It's obviously true that we're in poor and decaying long term fiscal condition.

But as usual, the problem isn't the goal. It's the way the goal is pursued. And for a guy who wants to run the country like a business, he's not doing this in the way a smart businessman would do it.

Maybe you should give him a call and offer your services? I mean if you love America, why wouldn't you?

 

[Lesh]

Then you live in the wrong place…Gas yesterday in my AO, $2.43 gal

I was on Tenn. last year and gas was $ 2.40

So

The average now is 2.79. Slightly UP

 

[j-mac]

I was on Tenn. last year and gas was $ 2.40

So

The average now is 2.79. Slightly UP

Price per barrel is coming down....

 

[rightwinger]

But as usual, the problem isn't the goal. It's the way the goal is pursued. And for a guy who wants to run the country like a business, he's not doing this in the way a smart businessman would do it.

Businessmen are not always smart in the way they restructure business.
They lay off people and liquidate assets to look good on corporate ledgers and deceive stockholders.
They sacrifice long term stability for short term profits

 

[Mac1958]

Businessmen are not always smart in the way they restructure business.
They lay off people and liquidate assets to look good on corporate ledgers and deceive stockholders.
They sacrifice long term stability for short term profits

Yeah, I've had many as clients. Many of them are great at what they do (doctors, plumbers, construction) but are shitty businesspeople. And vice versa. Those are two entirely different skillsets.

Musk is treating this like a startup. That's great for startups, but not a huge, incredibly complicated country.

 

[berg80]

Maybe you should give him a call and offer your services? I mean if you love America, why wouldn't you?

Trump rejects pleas from business for more clarity on tariffs: ‘They always say that’​

https://www.cnbc.com/2025/03/10/trump-greater-tariff-and-trade-clarity-is-what-all-ceos-always-want.html

trump is dumber than a pile of rocks. There's a reason "they always say that." Because changing tariff policy every other day creates chaotic uncertainty.

 

[AntonToo]

Price per barrel is coming down....

Yea, recession fears tend to do that.

If Trump wants real cheap gas for a year or two then all he has to do is crash the economy...and he is well on his way.

 

[Marener]

No, they leave the country....Taking their jobs, and money with them....I thought you guy's were railing about "outsourcing" not that long ago...?

This is a well known outcome of Marxism.....Do yourself a favor and look up the downfall of Venezuela... Is that what you want here? Because that is what you are advocating for....

Hell, man. We lowered taxes on them and they still kept the jobs overseas.

You’re being held hostage by the elites and you’re mad at the people wanting to take the gun pressed against the back of your head.

 

[jc456]

I'm glad you didn't try to deny what he said.

Kudos.

Well, his new Secretary, didn't agree with him.

Lutnick downplayed fears of a recession much more than Trump on “Meet the Press” on Sunday, saying right before Trump’s Fox interview aired, “There’s going to be no recession in America.” “Donald Trump is bringing growth to America. I would never bet on a recession. No chance,” Lutnick said, after responding, “Absolutely not,” when asked if Americans should brace for a recession.

 

[Nostra]

If a recession happens (current estimates are a 35% to 40% chance), it won't be because Trump inherited a bad economy (in fact, while far from great, it was the strongest in the world when he inherited it). EVEN HE has admitted that the massive, ridiculously rapid disruptions his administration is causing will have caused it. So trying to blame the old and frail Biden won't work.

So let's just hope that the pain that regular Americans are feeling, and will feel, will be worth it. Either way, this will be on Trump.

Trump Won’t Deny There Could Be A Recession—Warns Of ‘Period Of Transition’ In Economy

“Sunday Morning Futures” host Maria Bartiromo asked Trump whether he expected there would be a recession this year, to which Trump responded, “I hate to predict things like that.”

“There is a period of transition, because what we’re doing is very big,” Trump said about implementing his economic agenda like tariffs, adding, “It takes a little time, but I think [his agenda] should be great for us.”

The president also downplayed the stock market dropping over the past week in response to his tariffs, telling Bartiromo the market hadn’t gone down by “much” and saying he “can’t really watch the stock market” as he implements his economic policies, adding, “You can’t go by that, you have to do what’s right.”

Economists upped the odds of a recession this week and cited Trump’s economic policies as the “key risk” that could cause one, amid troubling indicators like lower consumer sentiment, mounting layoffs and the stock market’s decline, with the Federal Reserve Bank of Atlanta projecting March 6 that the U.S.’ economic output will contract by an annualized rate of -2.4% in 2025’s first quarter.
The stock market also suffered its worst week in six months amid uncertainty over Trump’s tariffs, with Nvidia and Tesla having the biggest declines.

Trump never said the word recession.

Weird.

THREAD FAIL!

 

[Nostra]

Another Dimtard TRUMP SAID SOMETHING WITHOUT SAYING IT pissy pants thread.

The Cult is losing it.

 

[Luckyone]

Things are not worse since day one.

Gas is cheaper.

 

[Nostra]

Mac1958 can you quote Trump saying he may be causing a recession?

No?

That makes you a liar..

 

[Contumacious]

If a recession happens (current estimates are a 35% to 40% chance), it won't be because Trump inherited a bad economy

The Biden Harris Administration spent like drunken sailors for the past 4 years - they inflated the fuck out of the currency , wasted over $400 billions in Ukraine , they allowed over 15,000,000 illegals into our country - many of them were flown in and their epenses paid

Actually the Deutsche Bank was predicting a massive recession BEFORE President TRump was elected

Recession or no recession? Why Deutsche Bank says an economic downturn is 100% inevitable

The U.S. economy boomed and now, it's time to bust, Deutsche Bank says. The investment bank sees 100% chance of U.S. recession this year. Here's why.

www.usatoday.com

 

[j-mac]

Trump rejects pleas from business for more clarity on tariffs: ‘They always say that’​

https://www.cnbc.com/2025/03/10/trump-greater-tariff-and-trade-clarity-is-what-all-ceos-always-want.html

trump is dumber than a pile of rocks. There's a reason "they always say that." Because changing tariff policy every other day creates chaotic uncertainty.

I don’t disagree totally with that, but we’ve been taken advantage of for so long now, it’s kind of like Stockholm syndrome. Trump has correctly pointed out these disparities in trade, and has put forth a reciprocal plan. So, if they charge us say, 3% on goods we get from them, then they’ll pay 3% on goods they get from us…that’s fair.

The goal is to do away with tarriffs altogether.

 

[j-mac]

Yea, recession fears tend to do that.

If Trump wants real cheap gas for a year or two then all he has to do is crash the economy...and he is well on his way.

Maybe that how you POS dems think, but Trump hasn’t demonstrated that’s how he thinks, outside of your lies that is.

 

[j-mac]

Hell, man. We lowered taxes on them and they still kept the jobs overseas.

You’re being held hostage by the elites and you’re mad at the people wanting to take the gun pressed against the back of your head.

The only gun pressed on our collective heads right now, is the water pistol of Marxist lies…

 

[Zafira Cherry]

If a recession happens (current estimates are a 35% to 40% chance), it won't be because Trump inherited a bad economy (in fact, while far from great, it was the strongest in the world when he inherited it). EVEN HE has admitted that the massive, ridiculously rapid disruptions his administration is causing will have caused it. So trying to blame the old and frail Biden won't work.

So let's just hope that the pain that regular Americans are feeling, and will feel, will be worth it. Either way, this will be on Trump.

Trump Won’t Deny There Could Be A Recession—Warns Of ‘Period Of Transition’ In Economy

“Sunday Morning Futures” host Maria Bartiromo asked Trump whether he expected there would be a recession this year, to which Trump responded, “I hate to predict things like that.”

“There is a period of transition, because what we’re doing is very big,” Trump said about implementing his economic agenda like tariffs, adding, “It takes a little time, but I think [his agenda] should be great for us.”

The president also downplayed the stock market dropping over the past week in response to his tariffs, telling Bartiromo the market hadn’t gone down by “much” and saying he “can’t really watch the stock market” as he implements his economic policies, adding, “You can’t go by that, you have to do what’s right.”

Economists upped the odds of a recession this week and cited Trump’s economic policies as the “key risk” that could cause one, amid troubling indicators like lower consumer sentiment, mounting layoffs and the stock market’s decline, with the Federal Reserve Bank of Atlanta projecting March 6 that the U.S.’ economic output will contract by an annualized rate of -2.4% in 2025’s first quarter.
The stock market also suffered its worst week in six months amid uncertainty over Trump’s tariffs, with Nvidia and Tesla having the biggest declines.

Trump is going to "fuck it all up" and when he does, blame YOURSELF if you voted for him.

Of the 11 recessions that have occurred in the modern (post-World War II) era, 10 of them have occurred under Republican presidents. Republican presidents often inherit strong economies and leave their successors with significantly weaker economies.

no "fake news" just the facts

 

[j-mac]

Trump is going to "fuck it all up" and when he does, blame YOURSELF if you voted for him.

Of the 11 recessions that have occurred in the modern (post-World War II) era, 10 of them have occurred under Republican presidents. Republican presidents often inherit strong economies and leave their successors with significantly weaker economies.

no "fake news" just the facts

No, and your narrative IS fake news.