U.S. Consumers are Starting to Crack
Economists largely expect Trump's new tariffs on goods from China, Canada and Mexico will raise prices for consumers and dampen spending.
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reinheitsgebot
Joined 2006/11/29Visited 2025/03/31
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The quarterly report is the first sweeping attempt by global economists to document and forecast the damage from Trump's policies to the economies of America and its trading partners.[image or embed]— CNN (@cnn.com) March 17, 2025 at 8:00 AM
The quarterly report is the first sweeping attempt by global economists to document and forecast the damage from Trump's policies to the economies of America and its trading partners.[image or embed]
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" CEOs are now grappling with how to handle new hurdles like on-again-off-again tariffs, mass government layoffs and worsening consumer sentiment"
Well, you can't grapple with these things.
You should have thought about all this before you supported Trump.
But of course you did think about all this and supported Trump anyway.
Like the Germans of old, you thought you could control him.
But Donald Trump is insane and power-mad and it would be much better if he let all of us off the easy way by just dropping dead.
Unfortunately, I think that a character-building experience is ahead for all of us.
It's possible that one or two MAGA will actually get some character, whether they want it or not.
#1 | Posted by Zed at 2025-03-15 11:00 AM | Reply
@#1 ... worsening consumer sentiment ...
Both Target and Walmart were a bit reserved when talking about consumer sentiment during their recent earnings report.
Walmart's stock dropped around 5% after the earnings call.
#2 | Posted by LampLighter at 2025-03-15 01:46 PM | Reply
F^*% these CEOs.
There was always going to be an inevitable tipping point to the never ending maximum growth model that puts shareholder profit above all else.
Any faux concern from these bottom feeders is easily ignored bulls^*%.
#3 | Posted by jpw at 2025-03-16 04:19 AM | Reply
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