Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

SWBTATTReg

(25,331 posts)
3. I agree, somewhat w/ him. We have a slew of messed up things going on in the Economy, w/ no real leader
Sun Apr 13, 2025, 03:24 PM
Apr 13

at the helm to address serious economic tailwinds should they happen. By the time the moron is convinced of having to do something to resolve the issues, it'll be too late. Just like last time w/ COVID.

This time around, we have Measles hitting but I don't really see a tremendous backlash of Measles, a lot of us in our youth received the shots for Measles. But it'll still make a splash (Measles).

Trade is down (or will be worse than it ever has been (and this has hit literally every Country in the world, so who's going to be left to still trade w/ us?). US tourism is down big time. So, lots of areas in the Country are now impacted by the lack of tourism dollars, which translates into job losses of entire industries who supported the tourism trade in all manners, shapes and forms (restaurants, hotels, tourist hotspots, airlines and other transportation modes, etc.). I suspect that even the great American summer tradition of families traveling for the summer, will find that national parks are probably still closed (and no one is working there anymore), and lots of the usual tourist spots will be closed as fewer and fewer attractions are still open.

And who can't deny that immigrants have fulfilled a key job niche, in mowing our yards/landscaping, cleaning homes, working at restaurants etc.? Key industries here will find that they are having severe problems in fulfilling empty job slots.

The US Dollar is under stress, and will be soon priced lower, making our imports (gas, etc.) more expensive (and other imports too). Domestic spending by the Fed will be lower too, w/ the chainsaw effect by tRUMP and thugs across the entire federal budget, which will cross into state budgets too, thus governments, formerly a bastion of spending, will be cutting back on spending too.

tRUMP is a walking disaster area, and will remain so until someone at the top, multiple people say and do something before it's too late.

Recommendations

5 members have recommended this reply (displayed in chronological order):

K&r nt Fiendish Thingy Apr 13 #1
Wait... BumRushDaShow Apr 13 #4
Shhhh.... Fiendish Thingy Apr 13 #9
One factor is that in 2008, even Shrub Bush was smart enough to know to put in remedies and Obama carried through. Bernardo de La Paz Apr 13 #2
Bush also called Obama in to be included in the process of deciding next steps before he took office. Amaryllis Apr 13 #16
Looking after his own wallet not yours Sessuch Apr 13 #19
I agree, somewhat w/ him. We have a slew of messed up things going on in the Economy, w/ no real leader SWBTATTReg Apr 13 #3
The person in charge of fixing it is the one who is breaking it. Iggo Apr 13 #13
I've been saying since Jan. 20, 2025 MLWR Apr 13 #5
Given that tRump has the mental acuity of a flea and those all around him are vacuous chickenshits flashman13 Apr 13 #6
Add to this the uncertainty of my social security check. BarbD Apr 13 #7
Cutting Medicaid, Medicare and Social Security would definitely impact the economy negatively. cstanleytech Apr 13 #8
And it wouldn't just hurt the elderly who rely on those EARNED benefits Attilatheblond Apr 13 #10
"Or it could be handled well." That seems HIGHLY UNLIKELY since DJT got us into this mess. No one with an actual Exp Apr 13 #11
I don't know how the damage can be fixed WSHazel Apr 13 #18
Shrodinger's Retirement Fund... BurnDoubt Apr 13 #12
Agree something worse might be on horizon. But giving TSF the benefit of the doubt that he's working toward wiggs Apr 13 #14
The worry is hyperinflation Zorro Apr 13 #15
The vast majority of these scum helped the fat, fraud, liar gain the WH wolfie001 Apr 13 #17
Not accurate WSHazel Apr 14 #20
The whole concept of a hedge fund is very negative on workers, their families and the worker's benefits wolfie001 Apr 14 #22
Thst would be called a depression. LS_Editor Apr 14 #21
Latest Discussions»Latest Breaking News»Billionaire hedge fund le...»Reply #3