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  • Re: a serious Trump recession

    From JAB@21:1/5 to adhellman1@gmail.com on Thu Feb 27 16:26:44 2025
    On Thu, 27 Feb 2025 16:08:47 -0500, Auric Hellman
    <adhellman1@gmail.com> wrote:

    He must truly believe in what he's doing.

    I believe serving his/others interests...not we the people.

    What he's banking on

    If one is consumed with greed, their lens only see that path.

    If you remember his first term, he was heading for a landslide
    second term until the pandemic hit.

    Very high budget deficits were going to cause inflation, inflation,
    and inflation. Biden got hit with Trumponomics.
    =======================

    U.S. Inflation Rate by President: From Truman to Biden

    A president's actions can play a role in influencing inflation.
    However, because inflation is a complex phenomenon driven by a range
    of factors, the relationship between policies and prices is not always straightforward.
    ...
    ...
    In the wake of the COVID-19 pandemic recovery and the soaring gas
    prices after the Russian invasion of Ukraine in 2022, inflation rose
    to record levels not seen since the 1980s https://www.investopedia.com/us-inflation-rate-by-president-8546447

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From JAB@21:1/5 to All on Thu Feb 27 12:08:16 2025
    Economists are starting to worry about a serious Trump recession

    Tariffs on America's neighbours and assault on federal government will
    hit US economy

    Donald Trump's assault on the US federal government and the world's
    interlinked manufacturing system have together reached an economic
    tipping point.

    https://www.telegraph.co.uk/business/2025/02/25/economists-starting-worry-serious-trump-recession/

    Better to happen sooner than later, if/when it happens.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From Retrograde@21:1/5 to All on Thu Feb 27 19:08:07 2025
    Better to happen sooner than later, if/when it happens.


    Let's find out what happens!

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From D@21:1/5 to JAB on Sun Mar 2 12:03:19 2025
    On Thu, 27 Feb 2025, JAB wrote:

    Economists are starting to worry about a serious Trump recession

    Tariffs on America's neighbours and assault on federal government will
    hit US economy

    Donald Trump's assault on the US federal government and the world's interlinked manufacturing system have together reached an economic
    tipping point.

    https://www.telegraph.co.uk/business/2025/02/25/economists-starting-worry-serious-trump-recession/

    Better to happen sooner than later, if/when it happens.

    Cutting down on the public sector will strengthen the economy and will of course offset any minor effects of tarriffs. Socialist economists are
    wrong as always. =D

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)