- cross-posted to:
- economics@lemmy.ml
- cross-posted to:
- economics@lemmy.ml
Summary
Donald Trump declined to rule out a U.S. recession in 2025, citing a “period of transition” due to his trade policies.
When asked if tariffs would fuel inflation, he acknowledged the possibility but pointed to lower interest rates.
Despite stock market volatility, he insisted “you have to do what’s right.” The Atlanta Federal Reserve warned of economic contraction, raising recession fears.
Commerce Secretary Howard Lutnick dismissed concerns, predicting strong growth. Trump’s stance contrasts with his past claims that trade wars are “good and easy to win.”
It’s Obama’s fault. He shouldn’t have had that Dijon mustard
That’s correlation not causation. We all know the root cause was the tan suit.
There’s an alternate universe where Obama has never owned a tan suit, Harambe is still alive, and President AOC is in office after President Sanders’ retirement…
That’s the universe where the Brooks Brothers Riot didn’t succeed and Al Gore became president.