GM just announced a lay off of 15,000 jobs.
GM to layoff nearly 15,000 workers in North America
Housing boom is slowing and ending in some places:
The U.S. Housing Boom Is Coming to an End, Starting in Dallas
Oil prices are threatening U.S. drillers
Oil’s Tumble Threatens U.S. Shale Drillers
Stock market keeps dropping
Dow: Why stocks keep dropping - CNN
Oh yeah! It's OK because the unemployment level is so low. Lots of people working 2-3 jobs driving Uber and flipping burgers, but still don't have 6 months in savings in case of emergency.
Thanks, Trump!
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GM should have gone out of business decades ago, but politicians won't let that happen.
No, they will continue to bail out a failed corporation, full of ineptitude.
So be it.
As for the economy, Trump inherited an absolute mess. He inherited the most debt accumulated in human history, followed by a near dead GDP and exponentially mandated spending via entitlements.
No matter who would have taken over this train wreck of a situation, it would have ended badly. I'm just amazed it is still afloat.