The Coming Recession Will Be Self-Inflicted

Tuesday, April 01, 2025

Kathryn Anne Edwards: The looming economic contraction will be unique in past-war America in that it will be the first directly caused by White House policy.

Posted by retort at 08:36 AM | 11 COMMENTS | permalink | Comment on This Entry |

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Really excellent write-up of how uncertainty, unpredictably, and big red recession flags are being absorbed by businesses. www.wsj.com/economy/wall ...

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-- Kathryn Anne Edwards (@kedseconomist.com) March 28, 2025 at 12:48 PM

Comments

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Self-inflicted? As in Trump took the economy into the gravel pit and shot it?

#1 | Posted by Zed at 2025-04-01 09:01 AM | Reply | Newsworthy 3

Look, what's happening is that no matter how bad the economy gets MAGA will lie about it and say that it's fine.

We're already getting a taste of that here in this forum.

Believe your own eyes; believe what you see. And don't obey MAGA threats to keep quiet about it.

#2 | Posted by Zed at 2025-04-01 09:03 AM | Reply | Newsworthy 3

The Coming Recession Will Be Self-Inflicted

And it will make Trump billions by shorting the stock market for the recession that he caused.

Are White House insiders using Trump's tariff announcements to play the stock market?
www.latimes.com

#3 | Posted by censored at 2025-04-01 09:05 AM | Reply | Newsworthy 3

And I wish it was just limited to the economy. But his executive orders and DOGE are going to kill scientific innovation in our country which will move us behind Europe, China, and India. Additionally he is killing our traditional alliances so the country will be less secure.

All of this will lead to either vast domestic unrest which Trump will declare Martial Law or giving up and capitulation--either way Trump will use it to stay in power as long as he can while it all burns to the ground except for the ultra rich who will have escape options.

#4 | Posted by MBlue at 2025-04-01 09:55 AM | Reply | Newsworthy 2

The coming recession will be a depression that will kill off 10 to 20 million low income seniors.

#5 | Posted by snoofy at 2025-04-01 09:57 AM | Reply

Are White House insiders using Trump's tariff announcements to play the stock market?

^
Seems to be the best explanation yet for the tariffs.

#6 | Posted by snoofy at 2025-04-01 10:00 AM | Reply

"We now live in the Trump era, where the president's terrible ideas are made real by a team of enablers and toadies. Democracy may die in darkness, but under Trump, it's just as liable to die in dumbness."

Bret Stephens, New York Times

#7 | Posted by SomebodyElse at 2025-04-01 12:03 PM | Reply | Newsworthy 2

Data out Tuesday showed activity in the manufacturing sector slipped into contraction for the first time this year and costs continued to surge as suppliers weigh the impact of President Trump's tariff policy.

The Institute for Supply Management's manufacturing PMI registered a reading of 49.0 in March, down from February's 50.3 reading and below the 49.5 economists polled by Bloomberg had expected. Readings above 50 for this index indicate an expansion in activity, while readings below 50 indicate a contraction.

finance.yahoo.com

It didn't take long for Putin's bitch to work his magic.

#8 | Posted by reinheitsgebot at 2025-04-01 01:25 PM | Reply

I will never understand how trumpers keep eating this shht sandwich and telling us how delicious it is.

#9 | Posted by ClownShack at 2025-04-01 01:29 PM | Reply | Newsworthy 1

Given the increasing probability of no elections in 2026, MAGA pols don't seem to care, and do not seem concerned about the voices of their constituents back home. As for coming back to their states and districts, many will not have to bothers--those homes will be burned to the ground...

#10 | Posted by catdog at 2025-04-01 01:33 PM | Reply

And the ignorant fools who blamed everything on Biden are the ones now entirely silent in the face of an actual POTUS' policies actually causing economic turmoil and downturn.

#11 | Posted by jpw at 2025-04-01 03:14 PM | Reply