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

Friday, March 07, 2025

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

Posted by retort at 01:11 PM | 8 COMMENTS | permalink

Investors, consumers and companies are showing the first signs of souring on Donald Trump's vision. With his aggressive and erratic protectionism, he is playing with fire econ.st/41tx87X [image or embed]
-- The Economist (@economist.com) March 6, 2025 at 6:01 AM

Comments

Who could have predicted that electing a psychotic liar with a penchant for spewing orders then retracting them almost immediately would have a negative effect on the United States?!

#1 | Posted by e1g1 at 2025-03-07 01:18 PM

Of course.

What he is doing is manipulating the stock market for the benefit of his inner circle. I'm sure there is quite a big fee that needs to be paid to his PAC or inner circle club for such insider information.

Most corrupt administration ever.

#2 | Posted by Nixon at 2025-03-07 01:42 PM

OK. Need I say it again?

Donald Trump is severely mentally ill, and he really isn't all that bright to begin with.

He's always destroyed things. He's always destroyed people.

He's a stone cold sociopath so of course "he is doing is manipulating the stock market for the benefit of his inner circle".

As well as other objectives that are much more emotional and much less sane.

#3 | Posted by Zed at 2025-03-07 01:59 PM

Meanwhile, Jay Powell got on the TV today, March 7, and turned around the markets with his comments...

#4 | Posted by catdog at 2025-03-07 02:05 PM

He's going to force the Fed to cut interest rates by causing a recession. The rest of the country can burn, so long as he gets to save a millions on his business loans.

President Trump will personally benefit from the Fed rate cut he pushed
The recent Federal Reserve interest rate cut has clear political benefits for President Trump, but it appears the cut will be doubly beneficial to him, as he also now stands to save millions in loan payments in coming years as a result of the rate cut.
www.citizensforethics.org August 2, 2019

#5 | Posted by censored at 2025-03-07 02:11 PM

This country was ------ on day one.

#6 | Posted by LegallyYourDead at 2025-03-07 03:42 PM

Mr. Dead...I believe this country went sideways the moment they drove the Golden Spike back in 1869. Our whole economic system became as stratificational as the post-fuedal examples in Europe and England the Pilgrims attempted to escape from a good century before. Once the telegraph followed the tracks to SF, the party became Members Only, coast-to-coast.

#7 | Posted by dutch46 at 2025-03-08 08:09 PM

The true MAGA meatheads will be with him till the end regardless of how bad their lives get.

#8 | Posted by cbob at 2025-03-08 11:16 PM

Drudge Retort Headlines

FBI Investigating 'targeted Terror Attack' in Colorado (77 comments)

Ukraine Stages Massive Attack on Russian Air Bases (48 comments)

Bono Schools Joe Rogan on 'Evil' Elon Musk Unleashed on the World (42 comments)

MAGA Reacts to Potential National Citizen Database (23 comments)

Supreme Court Rejects Challenge to Maryland Assault Weapons Ban (23 comments)

What 'Russia's Pearl Harbor' Says for Trump's Golden Dome (22 comments)

Acting FEMA Head said he Wasn't Aware U.S. has a Hurricane Season: Sources (21 comments)

Iran: US Nuclear Proposal is 'incoherent and disjointed' (19 comments)

CBO: Trump's Bill will Add $2.4T to Deficit (18 comments)

China's Global Favorability Rising, Views of U.S. Plummet (17 comments)