All three major U.S. stock indexes dropped sharply in Monday morning trading, with investors worried about the uncertainty of tariffs imposed by President Donald Trump on key trading partners and then his refusal to rule out the possibility of a U.S. recession in the coming months.
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Almost there! Just a couple more days of trump says things and we’ll be back to last year. Its still another almost 4 years of this dumb asshole. Is anyone gonna do anything?
So he is purposely and knowingly causing a recession. How much money is he going to make on stock options and how much is enough?
There’s never enough for people like that. It’s not so much having everything as it is not wanting others to have anything.
He seems to have manufactured quite the crisis. Is this what he meant by bringing manufacturing back to America?
Bravo
Are we winning yet?!
I’m so tired of all this winning
Autotune the news?
I was never about winning, it is about about the ‘others’ losing
Which we do you refer to?
CONGRATULATIONS!!!
Normally I’d be willing to give any head of state some amount of benefit of the doubt that the recession might have occurred regardless of their actions. But in this case, the cause is obvious.
Imagine having a president who openly and willingly crashes the economy and still having almost half the voting population support his geriatric ass. Life must be tough for the sane Americans.
Fucking exhausted by all the embarrassment.
The patients are running the asylum over there.
“… because we’re bringing wealth back to America.”
America already has wealth. Too much wealth and too much poverty. What America needs is more even distribution of funds/assets. Starting by
taxingactually COLLECTING the correct percentage of taxes from people and companies hiding/hoarding their excess, and using it to help people with too little. And going on to restructure the tax brackets so excess wealth is recognized as the drag on the economy that it is. We already know billionaires and corporate monopolies don’t create jobs or send money flowing, they stagnate the market and stifle productivity. They’re never going to voluntarily change. So the IRS needs to be expanded, with a mandatory focus on the “whale” targets. Obviously not going to happen under the present oligarchy, but the present chaos makes it a good time for passionate progressive people to start campaigns for seats presently held by MAGAs and GOP suckups, DINOs and Dem weaklings.Meanwhile DOGE just eliminated like 6000 the staff at the IRS who were supposed to be auditing rich people.
Lutnick just forgot to add the word “disparity” after his “wealth”.
Trump is basically manifesting a recession at this point. So easy and plain for all to see.
A huge recession… Tremendous… Greater than any recession of Biden or Obama…
Commerce Secretary Howard Lutnick told NBC News over the weekend, "There’s going to be no recession in America,”
Well, a recession is two consecutive quarters of declining GDP.
The Trump administration may exclude government spending from GDP, obscuring the impact of DOGE cuts
WEST PALM BEACH, Fla. (AP) — Commerce Secretary Howard Lutnick said Sunday that government spending could be separated from gross domestic product reports, in response to questions about whether the spending cuts pushed by Elon Musk’s Department of Government Efficiency could possibly cause an economic downturn.
a recession is two consecutive quarters of declining GDP
If he crashes it hard enough in the first quarter, it can’t decline more in the second! He’s a genius!
