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#useconomy

19 posts19 participants0 posts today
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Juggling With Eggs

‘the selection of dolls, in particular, as #Trump’s stand-in for consumer prices reflects the gendered ideas about work, money and purchasing that animate Trump’s chaotic economic policy.

After all, Trump did not talk about the impact of his trade regime on toy trucks or GI Joe action figures – and he certainly didn’t mention its likely impact on things like video games’

#Tariffs
#Gender
#USEconomy

theguardian.com/commentisfree/

The Guardian · Why is Trump so fixated on toys for little girls?By Moira Donegan
Public
Anthony
Looks like Apollo is calling a recession for Summer 2025. The Trump crew is already trying to blame Biden, but that's 100% horseshit. From what I gather this is unlikely to be reversible so brace yourself in whichever ways you can. There are suggestions this one may be worse than 2008.

https://www.apolloacademy.com/wp-content/uploads/2025/04/042625-ConsumerandFirms_v2.pdf (see page 4 for a summary of the timeline + expectation)

#USPol #USEconomy #recession #GreatRecession
Public
WYM Mod

Erin Doherty reports a significant market decline triggered by President Trump's surprising stance on trade agreements. His remarks to Canadian PM Mark Carney, asserting "we don't have to sign deals," disrupt previous urgency from officials about finalizing agreements with countries like India, Japan, and South Korea. Investor anxiety over potential economic slowdown grows as concrete trade deals remain uncertain. Click for insights: cnbc.com/2025/05/06/trump-tari #DonaldTrump #TradeDeals #USEconomy #Tariffs #MarketUpdate

CNBCTrump downplays tariff talks: 'We don't have to sign deals'U.S. markets moved lower Tuesday after Trump's comments on trade deals.
Continued thread
Public
Nonilex

#Trump said he was not worried about the #economy contracting under his watch but did not rule it out.

“Anything can happen…But I think we're going to have the greatest economy in the history of our country. I think we're going have the greatest economic boom in history.”

Last week, new data showed that the #USeconomy shrank in the first 3 months of the year, a stark reversal after nearly 3 yrs of solid growth. Part of the reason for the dip was attributed to Trump’s #tariffs.

#recession
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