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“The vast majority of us will be worse off. It’s not that complicated: Tariffs are a tax. Some of that tax will be eaten by the foreign producer… some of it will be eaten by the importer. But a big chunk of it will be paid by American consumers.”

~ James Surowiecki

#Trump #tariffs #StockMarket #economy #recession #inflation #stupidity #incompetence #jobs
/12

zeteo.com/p/people-will-become…


"The economist puts the odds of a recession this year now at 60%, up from 40% before the tariff rollout. Even if the global economy does avoid a recession, the U.S. may not be as lucky, Kasman said."

#Trump #tariffs #StockMarket #economy #recession #inflation #stupidity #incompetence #jobs
/11


"The tariffs announced this week by President Donald Trump have significantly increased the chances of a U.S. and global economic downturn, according to JPMorgan. “These policies, if sustained, would likely push the US and possibly global economy into recession this year,” wrote head of global economic research Bruce Kasman in a note late Thursday."

~ Jesse Pound

#Trump #tariffs #StockMarket #economy #recession #inflation #stupidity #incompetence #jobs
/10

cnbc.com/2025/04/04/jpmorgan-r…


"According to a report from recruiting firm Challenger, Gray & Christmas released on Thursday, 275,240 people lost their jobs last month. That is a fuckton of people. In fact, it is the third highest number of jobs lost in a single month since they first started tracking job cuts in 1989, the other two being the first two months of the COVID pandemic.

~ Robyn Pennacchia

#Trump #tariffs #StockMarket #economy #recession #inflation #stupidity #incompetence #jobs
/9

wonkette.com/p/here-come-the-l…


We are #hiring a Senior Project Manager to coordinate our 4-country project with dynamic partners and collaboration with UNDP, WHO and the Global Fund led by
@saralmdavis

It's a fixed-term position until May 2026
🗓️ Closing date: April 10th

+info:
warwick-careers.tal.net/vx/app…

#jobs #ScienceJobs


Job postings with terms like "ambitious" and "self-reliant" may attract more narcissistic applicants. A behavioral researcher explains why: buff.ly/80ffaHu
Jonathan Gay, University of Mississippi #jobs
#jobs


#Trump’s #ExecutiveOrder said those agencies should eliminate all operations not codified in #statute as well as "reduce the performance of their statutory functions & associated personnel to the minimum presence & function required by #law."

So far, #Musk's #DOGE has produced potential cuts of >100k #jobs across the 2.3M-member federal civilian workforce, the freezing of #ForeignAid, & the cancellation of thousands of programs & contracts.

#idiocracy #law #CivilRights #plutocracy #kleptocracy