Bluegirl <Iron_White@Systemic_Patrriotism.org> wrote:
...
Working people liberated from their 401(k) accounts....
Mole hills are not mountains.
Speculation on Fox Business is that it may be *worse*
than a Trump recession, it may be a Trump depression.
--bks
...
Working people liberated from their 401(k) accounts....
Mole hills are not mountains.
Working people liberated from their 401(k) accounts.
--bks
......
Working people liberated from their 401(k) accounts....
Mole hills are not mountains.
Speculation on Fox Business is that it may be *worse*
than a Trump recession, it may be a Trump depression.
<SNORT>
| Something worse could be coming for the economy than a
| recession
| Something worse could be coming for the economy than a
| recession
| ...
| The speed and scale of the American public's souring on
| Trump's economic agenda are stunning. This week, just
| before the tariff chaos, 63 per cent of Americans had a
| negative view of the government's economic policy,
| comfortably the highest figure since records began almost
| 50 years ago.
|
| All-time records were also shattered for the share of
| people who expect the economy to further deteriorate over
| the next year. Just 25 per cent of US adults said they
| expect their finances to look better in five years than
| today -- lower even than at the nadir of the Great
| Recession.
|
| Notably, these sharp deteriorations are being felt across
| the aisle. Even before "liberation day", a third of
| Republicans disapproved of Trump's actions on the economy,
| a remarkable feat given levels of partisan polarisation in
| America. A lot of people who thought they were an "us" have
| discovered they are a "them".
| ...
<https://www.ft.com/content/26d15d7e-dd36-4ca1-b974-da8a57bce290>
--bks
| Something worse could be coming for the economy than a
| recession
| ...
| The speed and scale of the American public's souring on
| Trump's economic agenda are stunning. This week, just
| before the tariff chaos, 63 per cent of Americans had a
| negative view of the government's economic policy,
| comfortably the highest figure since records began almost
| 50 years ago.
|
| All-time records were also shattered for the share of
| people who expect the economy to further deteriorate over
| the next year. Just 25 per cent of US adults said they
| expect their finances to look better in five years than
| today -- lower even than at the nadir of the Great
| Recession.
|
| Notably, these sharp deteriorations are being felt across
| the aisle. Even before "liberation day", a third of
| Republicans disapproved of Trump's actions on the economy,
| a remarkable feat given levels of partisan polarisation in
| America. A lot of people who thought they were an "us" have
| discovered they are a "them".
| ...
<https://www.ft.com/content/26d15d7e-dd36-4ca1-b974-da8a57bce290>
--bks
| Something worse could be coming for the economy than a
| recession
| Something worse could be coming for the economy than a recession
| Something worse could be coming for the economy than a
| recession
|
| General Motors is abandoning a previous forecast for solid
| profit growth this year as a result of the uncertainty
| created by President Trump's trade policies, the automaker
| said on Tuesday.
| ...
<https://www.nytimes.com/2025/04/29/business/general-motors-profit-trump-tariffs.html>
--bks
On Tue, 29 Apr 2025 13:29:15 -0000 (UTC), [email protected] (Bradley K.
Sherman) wrote:
| Something worse could be coming for the economy than a
| recession
|
| General Motors is abandoning a previous forecast for solid
| profit growth this year as a result of the uncertainty
| created by President Trump's trade policies, the automaker
| said on Tuesday.
| ... >><https://www.nytimes.com/2025/04/29/business/general-motors-profit-trump-tariffs.html>
--bks
I'm SURE it has nothing to do with the fact that they produce trucks
with engines that detonate.
https://www.caranddriver.com/news/a64611938/chevy-silverado-tahoe-cadillac-escalade-defective-v8-recall/
| Something worse could be coming for the economy than a
| recession
| Something worse could be coming for the economy than a
| recession
|
| General Motors Co. cut its full-year profit outlook citing
| as much as $5 billion of exposure to auto tariffs, among
| the biggest financial hits revealed by any company so far
| from President Donald Trump's trade war.
| ...
<https://www.bloomberg.com/news/articles/2025-05-01/gm-lowers-guidance-as-trump-tariffs-will-cost-up-to-5-billion>
--bks
On Thu, 1 May 2025 12:29:20 -0000 (UTC), [email protected] (Bradley K.
Sherman) wrote:
| Something worse could be coming for the economy than a
| recession
|
| General Motors Co. cut its full-year profit outlook citing
| as much as $5 billion of exposure to auto tariffs, among
| the biggest financial hits revealed by any company so far
| from President Donald Trump's trade war.
| ... >><https://www.bloomberg.com/news/articles/2025-05-01/gm-lowers-guidance-as-trump-tariffs-will-cost-up-to-5-billion>
--bks
I'm sure it has *nothing* to do with recalling all its exploding
engines.
Laughter.
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