Trump's attacks against Canada, the EU, and other friendly countries is resulting in lost business revenue as they look elsewhere for purchases and look to revaluate and/or cancel existing business.
https://apnews.com/article/f35-canada-trump-0d3bf192d3490d87570d48475ff2c3a6
#Trump #TradeWar #Canada #EU #Business #Economy #AmericaLast #USA
the percentage of american consumers who think business conditions are worsening has hit its highest point since stats started being collected 45 years ago.
#Trump says the #economy ‘went to hell’ #under Biden. The opposite is true - https://www.theguardian.com/business/2025/mar/16/trump-biden-economy "By standard measures such as job and GDP growth and the stock market, the US economy was in excellent shape" but millions of muricans don't know or don't care about the facts...
This week's comic: Playing the wealth card
Britain ‘no longer a rich country’ after living standards plunge
Parts of the UK are now worse off than the poorest regions of Slovenia and Lithuania
After #COVID I learned about systems thinking, and it shaped my approach to thinking about the #economy. I wrote a blog post to talk about an important concept: Goal displacement, which happens when we build systems that indefinitely maximize for abstract goals like efficiency, over long time horizons.
Washington Blues: A Government Town Faces a Gloomy Future
—
For years, Washington, D.C., was insulated from many of the economic forces that decimated many older U.S. cities. Now, as Elon Musk’s mass layoffs shake everything from employment to real estate, the region faces the prospect of decline.
https://www.propublica.org/article/washington-dc-trump-musk-federal-government-cutbacks-gloomy-future?utm_source=mastodon&utm_medium=social&utm_campaign=mastodon-post
T"hat might be the greatest bait and switch in American political campaign history, from 'lower prices on Day 1' to '100 years of economic pain.'”
~ kos
#Musk #Trump #economy #stagflation #recession #StockMarket #billionaires #tariffs
/23
https://www.dailykos.com/stories/2025/3/11/2309328/-Trump-is-full-of-excuses-as-he-tanks-the-economy
"The MAGA Republicans are torching your quality of life while pretending they’re doing you a favor. It’s not just dishonest—it’s dangerous. They’ve turned the U.S. Congress into a bad reality show, and everyday Americans are the ones paying the price."
~ Ben Meiselas
#Musk #Trump #economy #stagflation #recession #StockMarket #billionaires #tariffs
/22
https://www.meidasplus.com/p/rep-joe-neguse-on-republicans-cheering
Despite soaring egg prices, Texas shoppers looking for a cascarón, or confetti egg, this Easter won’t have to worry about paying more — at least not this year.
"Donald Trump’s global tariffs on steel and aluminum imports came into force on Wednesday, placing a 25% tax on all imports of the metals into the US from any country 'with no exceptions or exemptions.'
The move threatens to push up prices for consumers as they bear the brunt of resulting product cost rises, in everything from houses and vehicles to home appliances and beverage cans."
~ Clea Skopeliti
#Musk #Trump #economy #stagflation #recession #StockMarket #billionaires #tariffs
/21
"So, the stock market’s been sliding like bacon grease on a hot griddle. On Monday and Tuesday all three major indices had their worst days since August, and fears of a looming recession are already here. And only 50 days into Dear Leader’s reign!"
~ Marcie Jones
#Musk #Trump #economy #stagflation #recession #StockMarket #billionaires #tariffs #firings #workers #FederalGovernment #Tesla #insanity
/20
https://www.wonkette.com/p/newsmax-host-trumps-big-balls-are
“I’m going to say this at risk of my job. But what President Trump is doing is insane. It is absolutely insane. It is about the eighth reason we’ve had for the tariffs. …
Insanity is not a strategy. I’m sorry."
~ CNBC senior economics reporter Steve Liesman
#Musk #Trump #economy #stagflation #recession #StockMarket #billionaires #tariffs #firings #workers #FederalGovernment #Tesla #insanity
/19
https://www.thedailybeast.com/cnbc-reporter-shreds-trumps-insane-tariff-moves/