Trump’s Policies Have Shaken a Once-Solid Economic Outlook

C

Cypress

Well-known member

Trump’s Policies Have Shaken a Once-Solid Economic Outlook​

Economic forecasts have deteriorated in recent weeks, reflecting the upheaval from federal layoffs, tariff moves and immigration roundups.

President Trump inherited an economy that was, by most conventional measures, firing on all cylinders. Wages, consumer spending and corporate profits were rising. Unemployment was low. The inflation rate, though higher than normal, was falling.

Just weeks into Mr. Trump’s term, the outlook is gloomier. Measures of business and consumer confidence have plunged. The stock market has been on a roller-coaster ride. Layoffs are picking up, according to some data. And forecasters are cutting their estimates for economic growth this year, with some even predicting that the U.S. gross domestic product could shrink in the first quarter.

www.nytimes.com

Trump’s Policies Have Shaken a Once-Solid Economic Outlook

Economic forecasts have deteriorated in recent weeks, reflecting the upheaval from federal layoffs, tariff moves and immigration roundups.
www.nytimes.com www.nytimes.com
 
Cypress said:

Trump’s Policies Have Shaken a Once-Solid Economic Outlook​

Economic forecasts have deteriorated in recent weeks, reflecting the upheaval from federal layoffs, tariff moves and immigration roundups.

President Trump inherited an economy that was, by most conventional measures, firing on all cylinders. Wages, consumer spending and corporate profits were rising. Unemployment was low. The inflation rate, though higher than normal, was falling.

Just weeks into Mr. Trump’s term, the outlook is gloomier. Measures of business and consumer confidence have plunged. The stock market has been on a roller-coaster ride. Layoffs are picking up, according to some data. And forecasters are cutting their estimates for economic growth this year, with some even predicting that the U.S. gross domestic product could shrink in the first quarter.

www.nytimes.com

Trump’s Policies Have Shaken a Once-Solid Economic Outlook

Economic forecasts have deteriorated in recent weeks, reflecting the upheaval from federal layoffs, tariff moves and immigration roundups.
www.nytimes.com www.nytimes.com
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OTOH, Putin approves!

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$36 Trillion in debt needs to be fixed. White nazi lib boomers want to just keep stealing from children.
 
Bigdog said:
$36 Trillion in debt needs to be fixed. White nazi lib boomers want to just keep stealing from children.
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It's a myth that a $36 trillion debt CAN be fixed. People always talk about it like that.

It's mathematically impossible. Unless we stop spending virtually all money, for a century.
 
BartenderElite said:
It's a myth that a $36 trillion debt CAN be fixed. People always talk about it like that.

It's mathematically impossible. Unless we stop spending virtually all money, for a century.
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I disagree.

Constantly borrowing/stealing from children and the unborn is morally corrupt.
 
BartenderElite said:
I'd agree w/ that - but it's way too late.

We're never "paying down" $36T. I mean, it seems like they're cutting tons right now - but it's not even a fraction of a fraction of a fraction.
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It is spiraling out of control. I'm sure you are aware the interest on the debt has now exceeded our military spending.

Should we try to stop the debt from increasing? ... or should we continue doing the same thing?
 
Bigdog said:
It is spiraling out of control. I'm sure you are aware the interest on the debt has now exceeded our military spending.

Do you agree that we should try to stop the debt from increasing?
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Dear Dumbass, that's what happens when Republicans cut taxes on the rich and corporations then start wars and continue increasing the national debt.
 
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