Of Course Trump Will Tank the Economy. It’s What Republicans Do.

newrepublic.com/article/193360…

As the president’s “Liberation Day” nears, it’s time to liberate ourselves from the vicious cycle of Democrats having to clean up the GOP’s messes.

#Trump #GOP #economy #tariffs #press

Of Course Trump Will Tank the Economy. It’s What Republicans Do.

^{The New Republic}

Markets in Q1: #ETTTTS

Whereas the major risk back in Jan was that #Trump's 'America first' policies would push #inflation back up & prevent #US interest rate cuts, now the most important risk is #recession risk.

That has spun the $140T global bond #market 180°.

#Gold, the ultimate safe port in a storm, has had its best quarter since 1986 due to Trump's #TradeWar & the #dollar is flirting w/its worst start to a year since the 2008 global bust.

#economy #trumpcession
reuters.com/markets/us/global-…

To my fellow famously #protest-averse #Americans:

#April5

#MoveOn, #Indivisible, 50501, etc are having nationwide demonstrations

Everyone show up

*Everyone*

"But I have to go to Starbucks and scroll Instagram"

The #economy is about to go in the toilet due to #Trump. That's a thing a lot of you assholes pretend to care about

The rest of us will be there for #NeriAlvaradoBorges

Deported to #ElSalvador over a "gang" (#Autism Acceptance) #tattoo

Find your local spot

Show the fuck up

#UK - The number of children in poverty in the UK has reached its highest level since comparative records began in 2002.

> In the year to April 2024, there were 4.45 million children living in a household of relative low income after housing costs are deducted - the government's own standard measure for #poverty.

> The figure, [..], is an increase of 100,000 children from the previous year - and equates to 31% of #children in the UK.
bbc.com/news/articles/cx2g03yk… #Brexit #austerity #economy

"A recent Abacus Data survey found 56 percent of Canadians have changed or cancelled their travel plans to the United States."

~ Mégan Harvey, Barron's

barrons.com/news/vacation-buzz…

"Europeans cancel US trips in protest over Trump’s policies"

~ Joanna Plucinska, Doyinsola Oladipo, Ilona Wissenbach, Independent

the-independent.com/travel/new…

#Trump #authoritarianism #tariffs #Europe #travel #economy
/7

Europeans cancel US trips in protest over Trump’s policies

Some Europeans are rethinking their trips to the United States, citing President Donald Trump's policies and demeanour as deterrents.

^{Joanna Plucinska (The Independent)}

"'Future flight bookings between Canada and the U.S. have collapsed,' OAG senior analyst John Grant wrote in a blog post on Wednesday."

~ Robert Silk, Travel Weekly

travelweekly.com/North-America…

"Ottawa travel company hasn’t sold a single U.S. trip since Trump tariffs"

~ Janson Duench, Ottawa Citizen

ottawacitizen.com/news/local-n…

#Trump #authoritarianism #tariffs #Europe #travel #economy
/6

Ottawa travel company hasn’t sold a single U.S. trip since Trump tariffs

Fortunately, high demand for European and Canadian destinations has Travac Tours optimistic

^{Special to the Citizen (Ottawa Citizen)}

"Advisories issued for those travelling to the U.S., sparked by a series of arrests & detentions at, could take a serious toll on America's tourism industry.

Jukka Laitamaki, prof. of international hospitality & tourism at New York University, told Newsweek that should these spread to other countries, the economic impact could be 'anywhere between 60 to 120 billion USD in 2025."'

~ Hugh Cameron, Newsweek

newsweek.com/us-travel-warning…

#Trump #authoritarianism #tariffs #Europe #travel #economy
/5

US Travel Warnings Could Cost Tourism Industry $120 Billion: Expert

Several countries, including Canada and the U.K., have advised their citizens to take extra precautions when making trips to the U.S.

^{Hugh Cameron (Newsweek)}

"Following reports of travelers being detained or denied entry, along with the president’s increasingly fiery rhetoric, tourist numbers have dropped, and one study estimates it could lead to billions of dollars in lost revenue."

~ Nicholas Dale Leal, El Pais

english.elpais.com/usa/2025-03…

#Trump #authoritarianism #tariffs #Europe #Canada #travel #economy
/4

Fear of being turned away and aversion to Trump: US tourism industry braces for fall in international visitors

^{Nicholas Dale Leal (Ediciones EL PAÍS S.L.)}

"Trump has made America hated around the world. Here’s a sign of how bad it’s getting. ... Future flight bookings from Canada to the U.S. have dropped 70% for every month through the end of September, according to data from aviation analytics provider OAG."

~ Lauren Sforza, NJ.com

nj.com/politics/2025/03/trump-…

#Trump #authoritarianism #tariffs #Europe #Canada #travel #economy
/3

Trump has made America hated around the world. Here’s a sign of how bad it’s getting

Canadians are not booking as many flights to the U.S. amid an escalating trade war.

^{Lauren Sforza | NJ Advance Media for NJ.com (nj)}

"The Trump administration’s multi-front tariff wars and escalating rhetoric are turning off international tourists, according to a growing body of travel data."

~ Suzanne Rowan Kelleher, Forbes

forbes.com/sites/suzannerowank…

#Trump #authoritarianism #tariffs #Europe #Canada #travel #economy
/2

How Trump Is Torpedoing Foreign Tourism To The US—Potentially For Years To Come, Say Analysts

Multi-front tariff wars, hardball immigration tactics and escalating imperialistic rhetoric are turning off international tourists, according to the latest travel data.

^{Suzanne Rowan Kelleher (Forbes)}

Bad Choices Make Good Stories offers a smorgasbord of headlines and stories from the last few days about how Canadians and Europeans are canceling travel plans to the US in record numbers.

"‘Trump Slump’ Looms as Foreign Visitors Rethink Travel to U.S."

~ Ceylan Yeğinsu, New York Times

nytimes.com/2025/03/26/travel/…

#Trump #authoritarianism #tariffs #Europe #Canada #travel #economy
/1

badchoices.us/p/the-whole-worl…

Foreign Travelers Are Rethinking Travel to the U.S.

A growing number of travelers say they are worried about feeling unwelcome or unsafe in America and are reluctant to support the economy of a country that may be destabilizing other nations.

^{Ceylan Yeğinsu (The New York Times)}

Holy shit

#DeSantis admits that the #WorkerShortages created by anti-#immigrant laws need to be eased by putting teenagers to work by relaxing #ChildLabor protection standards.

#USpol #law #immigration #economy #Trump

miamiherald.com/news/local/imm…

#USA oh no 😱

Source: euronews.com/business/2025/03/…

#child #children #labour #Florida #job #work #news #politics #economy #business #humanrights #fail

Florida to consider relaxing child labour laws to fill vacant jobs

Now that the United States is cracking down on immigration, some low-skill jobs may not be so easy to fill. So the state is debating lifting some child labour laws to involve minors.

^{Doloresz Katanich (Euronews.com)}

Trump is destroying the economy to privatize the fed govt.

"The Conf Board's consumer confidence index dropped in Mar to -lowest level since Jan 2021. Trump's pres.: Americans as pessimistic as they were during: Covid crisis. Consumer inflation expectations⬆️6.2% in Mar.

Before Trump took office, the US economy was surging ahead of Europe’s. Trump’s managed to reverse that trend."
-S Ratnner

#Economy➡️weakens at the same time inflation rises➡️#stagflation #recession: soon.
#Privatization #USPol

#TSMC'S True #Cost: #Arizona versus #Taiwan

source: techinsights.com/blog/chip-ins…

The final answer was: It costs TSMC less than 10% more to process a 300mm wafer in Arizona than the same wafer made in Taiwan.

#USA #economy #chip #production #trade #finance #money #company #news

#Tesla (TSLA) #accounting raises red flags as report shows $1.4 billion missing

source: electrek.co/2025/03/19/tesla-t…

Compare Tesla’s #capital expenditure in the last six months of 2024 to its valuation of the assets that #money was spent on, and $1.4bn appears to have gone astray.

#fail #economy #finance #news #musk #warning

Tesla (TSLA) accounting raises red flags as report shows $1.4 billion missing

Tesla’s (TSLA) accounting practices are raising red flags as a new report from the Financial Times shows that $1.4 billion...

^{Fred Lambert (Electrek)}

FAFO.

cnbc.com/2025/03/14/delta-walm…

#economy #consumer #spending #inflation

U.S. consumers are starting to crack as tariffs add to inflation, recession concerns

Airline and retail executives are bracing for a slowdown in demand amid concerns tariffs will cut down consumer spending.

^{Gabrielle Fonrouge (CNBC)}

"The richest man in the world, whose empire is built on billions of taxpayer subsidies, spent at least $260 million to get Trump elected, and is now using Trump to advertise his car company from the White House in exchange for potentially even more money to benefit Trump’s political ambitions.

There are no words for how sick and perverse this all is."

~ Emily Singer

#Musk #Trump #Tesla #FederalGovernment #economy #StockMarket #billionaires #EconomicElites #TaxCuts
/3

dailykos.com/stories/2025/3/12…

Elon Musk is not done buying Donald Trump

President Donald Trump and co-President Elon Musk are not even trying to hide their blatant corruption anymore. The New York Times reported on Tuesday that Musk’s team�recently told Trump's ...

^{Daily Kos}

RJ Matson on Musk-Trump turning the White House into a used-car lot.

#Musk #Trump #Tesla #FederalGovernment #destruction #firings #economy #StockMarket #billionaires #EconomicElites #TaxCuts
/2

contrarian.substack.com/p/fire…

"President Trump opened a used-car lot outside the White House today, explaining that his business venture would not interfere with running the federal government, since there is hardly any left."

As Lewis Grossberger says, no one is surprised. /s

#Musk #Trump #Tesla #FederalGovernment #destruction #firings #economy #StockMarket #billionaires #EconomicElites #TaxCuts
/1

grossbergerbulletin.substack.c…

Trump Opens Used-Car Lot Outside White House !!!

No One Surprised

^{Lewis Grossberger (Lewis Grossberger's Raw Truth Bulletin)}

This week's comic: Playing the wealth card

#cartoon #comic #billionaires #uspol #oligarchy #authoritarianism #economy

The world’s most widely followed #StockMarket benchmark slid into a correction on Thurs, a drop that underscores how the 2-yr-long bull market [#Bidenomics] is running out of steam in the early days of the #Trump admin.

The move stems from investors’ growing pessimism about the whipsawing policy pronouncements from Trump over the past few weeks. On-again, off-again #tariffs & #MassLayoffs of #FederalWorkers have fomented unease on #WallStreet.

#economy #Trumpcession
nytimes.com/2025/03/13/busines…

Stocks Fall Into a Correction With Investors Down on Trump

The S&P 500 is now more than 10 percent below its last record high — a line in the sand for investors worried about a sell-off gathering steam.

^{Joe Rennison (The New York Times)}

"Reading and watching the dutiful daily coverage of Trump’s trade war, you might well have no idea just how crazy it is.

The reality is this: There’s no good reason for it, it hurts everyone, and it’s arguably going to tank the American and international economies."

~ Dan Froomkin

#Musk #Trump #destruction #economy #tariffs #insanity #StockMarket #recession #media
/1

criticalread.substack.com/p/pr…

Press coverage of Trump’s tariffs understates the insanity

One CNBC analyst has spoken the truth. Will other journalists follow?

^{Dan Froomkin (Press Watch)}

"It was a bloodbath for Tesla shareholders today as the stock fell off a cliff, which followed a long string of losses in the last several weeks."

~ Ron Filipkowski

meidasplus.com/p/today-in-poli…

#Musk #Trump #destruction #economy #recession #StockMarket #Dow #Nasdaq #stagflation #EconomicElites #billionaires #TaxCuts #Tariffs #Tesla
/13

Reuters on loss of $4 trillion by US stock market in last month

reuters.com/markets/us/investo…

#Musk #Trump #destruction #economy #recession #StockMarket #Dow #Nasdaq #stagflation #EconomicElites #billionaires #TaxCuts #Tariffs
/12

Paul Krugman on plunging stock market and New York Fed’s consumer survey showing serious deterioration in consumer confidence

paulkrugman.substack.com/p/the…

#Musk #Trump #destruction #economy #recession #StockMarket #Dow #Nasdaq #stagflation #EconomicElites #billionaires #TaxCuts #Tariffs
/11

"Less than two months after his inauguration, Trump has been Reverse Jesus, speaking new economic storms into existence."

~ Andrew Egger

thebulwark.com/p/maybe-sleepy-…

#Musk #Trump #destruction #economy #recession #StockMarket #Dow #Nasdaq #stagflation #EconomicElites #billionaires #TaxCuts #Tariffs
/9

Kevin Necessary at David Pepper

davidpepper.substack.com/p/day…

#Musk #Trump #destruction #economy #recession #StockMarket #Dow #Nasdaq #stagflation #EconomicElites #billionaires #TaxCuts #Tariffs
/8