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Trump's Economic Troubles Put Republicans on the Defensive
The administration is in the awkward position of explaining why Trump's election didn't lead to the promised economic boost.
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LampLighter
Joined 2013/04/13Visited 2025/04/02
Status: user
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The economy is showing severe warning signs after Trump's first month in office. This shouldn't be surprising. He doesn't understand the economy and tanked pretty much every business he ever touched. youtu.be/zbh9SW5Cgqg? ... [image or embed] -- Robert Reich (@rbreich.bsky.social) March 14, 2025 at 4:07 PM
The economy is showing severe warning signs after Trump's first month in office. This shouldn't be surprising. He doesn't understand the economy and tanked pretty much every business he ever touched. youtu.be/zbh9SW5Cgqg? ... [image or embed]
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More from the article...
... "There are worries," said a person who has been involved in discussions about the economy with White House officials. Those effects on the markets and the economy are felt immediately, while policies aimed at spurring growth " including cutting taxes and regulations " will take much longer to implement, this person said. Privately, officials at the White House's National Economic Council have indicated fears that it could be difficult to rebound quickly from a downturn, two people familiar with internal White House discussions said. A second person who speaks frequently to administration officials said the White House is trying to take a long view of the economic tremors. But that approach comes with significant risk -- both to the economy and to Republicans' political standing -- if the turnaround doesn't happen. Many of those administration officials think tariffs aren't sound policy -- and won't ultimately be enacted for any extended period of time -- but, this person said, Trump "doesn't want to talk to them right now." ...
Privately, officials at the White House's National Economic Council have indicated fears that it could be difficult to rebound quickly from a downturn, two people familiar with internal White House discussions said.
A second person who speaks frequently to administration officials said the White House is trying to take a long view of the economic tremors. But that approach comes with significant risk -- both to the economy and to Republicans' political standing -- if the turnaround doesn't happen. Many of those administration officials think tariffs aren't sound policy -- and won't ultimately be enacted for any extended period of time -- but, this person said, Trump "doesn't want to talk to them right now." ...
#1 | Posted by LampLighter at 2025-03-13 02:42 PM | Reply
It didn't put Republicans in the defensive here on the DR.
Republicans on the DR are convinced Trump is doing great.
Republicans on the DR say everyone else is being a Chicken Little.
Republicans on the DR don't talk about the stock market, the jobless rate, or the price of eggs any more.
#2 | Posted by snoofy at 2025-03-13 03:38 PM | Reply
Suck it, losers.
#3 | Posted by LegallyYourDead at 2025-03-13 03:39 PM | Reply
Stocks Tumble Into Correction as Investors Sour on Felon 47
www.nytimes.com
The orange failure addict is off to a splendid start.
#4 | Posted by reinheitsgebot at 2025-03-13 04:26 PM | Reply
Trump predicts stock market crash if he doesn't win in 2024 (January 2024) thehill.com
...Former President Trump on Wednesday predicted there would be a stock market crash if he does not win the presidential election in November. Trump was asked at a Fox News town hall in Iowa about his previous comments in which he said he hoped any economic downturn would happen in the next 12 months because he did not want to be like former President Hoover, who took office during a stable economy but later oversaw the Great Depression. "You're not saying you're hoping for a crash, just to be clear?" town hall moderator Bret Baier asked. "No. I think this. I think the economy is horrible, except the stock market is going up, and I think the stock market is going up because I'm leading Biden in all of the polls," Trump said. "I think there will be a crash if I don't win," Trump added. "And I say that, and I do not want to be Herbert Hoover." ...
Trump was asked at a Fox News town hall in Iowa about his previous comments in which he said he hoped any economic downturn would happen in the next 12 months because he did not want to be like former President Hoover, who took office during a stable economy but later oversaw the Great Depression.
"You're not saying you're hoping for a crash, just to be clear?" town hall moderator Bret Baier asked.
"No. I think this. I think the economy is horrible, except the stock market is going up, and I think the stock market is going up because I'm leading Biden in all of the polls," Trump said.
"I think there will be a crash if I don't win," Trump added. "And I say that, and I do not want to be Herbert Hoover." ...
#5 | Posted by LampLighter at 2025-03-13 04:31 PM | Reply
#2 | POSTED BY SNOOFY
Trump and MAGA expect them to lie and they do.
#6 | Posted by Zed at 2025-03-13 05:42 PM | Reply
"as of Jan. 31, provided home-retention options to approximately 8.5 million homeowners since 2020. Imagine the economic and housing-market fallout if these homeowners went into foreclosure." www.wsj.com
US should have had a Great Depression with 8.5 million foreclosures under Biden but he covered it up with federal spending, paying off millionaires mortgages.
Incredible.
Now Trump is gonna take it on the chin.
#7 | Posted by oneironaut at 2025-03-13 07:03 PM | Reply | Newsworthy 1
Underwater on everything': Poll spells big trouble for Krasnov Fats
www.rawstory.com
The bankruptcy-prone orange turd is going to crater the economy again,
#8 | Posted by reinheitsgebot at 2025-03-13 07:06 PM | Reply
@#7 ... US should have had a Great Depression with 8.5 million foreclosures under Biden ...
Foreclosure rate in the United States from 2005 to 2024 www.statista.com
... The foreclosure rate in the United States has experienced significant fluctuations over the past two decades, reaching its peak in 2010 at 2.23 percent following the financial crisis. Since then, the rate has steadily declined, with a notable drop to 0.11 percent in 2021 due to government interventions during the COVID-19 pandemic. In 2024, the rate stood slightly higher at 0.23 percent but remained well below historical averages, indicating a relatively stable housing market. ...
Since then, the rate has steadily declined, with a notable drop to 0.11 percent in 2021 due to government interventions during the COVID-19 pandemic.
In 2024, the rate stood slightly higher at 0.23 percent but remained well below historical averages, indicating a relatively stable housing market. ...
What else yer got?
#9 | Posted by LampLighter at 2025-03-13 07:45 PM | Reply
Now Trump is gonna take it on the chin. #7 | POSTED BY 1LUMPYCLUMP
As opposed to taking it on his back?
#10 | Posted by ClownShack at 2025-03-13 07:49 PM | Reply
He takes it wherever Putin tells him to take it.
#11 | Posted by LegallyYourDead at 2025-03-13 10:10 PM | Reply
#7
Listen Jeff, you ----------- FAGAT bitch - ---- off idiot.
Go "fly your plane" into the side of a mountain, you lying pile of ----.
#12 | Posted by LegallyYourDead at 2025-03-13 10:11 PM | Reply
"Name-calling is a great way to shut down critical thinking and discussion."
Cindy Sheehan
#13 | Posted by SomebodyElse at 2025-03-17 10:49 AM | Reply
#12 | Posted by LegallyYourDead at 2025-03-13 10:11 PM | Reply | Flag:
Yet another intelligent post from our resident midget key board warrior who still can't get over getting beat up through high school for being a buck toothed ------.
#14 | Posted by fishpaw at 2025-03-17 12:02 PM | Reply
#14 | POSTED BY FISHPAW
Are you still getting those Social Security payments?
I'm asking because not everyone is.
#15 | Posted by Zed at 2025-03-17 12:19 PM | Reply
#15 Not yet, I'll wait a few years. Sorry to hear that your entire family are waiting for their disability checks. Hopefully the issues get cleared up.
#16 | Posted by fishpaw at 2025-03-17 12:57 PM | Reply
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