Summary

Donald Trump declined to rule out a U.S. recession in 2025, citing a “period of transition” due to his trade policies.

When asked if tariffs would fuel inflation, he acknowledged the possibility but pointed to lower interest rates.

Despite stock market volatility, he insisted “you have to do what’s right.” The Atlanta Federal Reserve warned of economic contraction, raising recession fears.

Commerce Secretary Howard Lutnick dismissed concerns, predicting strong growth. Trump’s stance contrasts with his past claims that trade wars are “good and easy to win.”

  • dhork@lemmy.world
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    27 days ago

    There is one thing I can predict: if Trump’s policies tank our economy. He will blame everyone but himself.

    • Fingolfinz@lemmy.world
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      27 days ago

      So will his piece of shit voters so never let them squirm their way out of accountability for electing Nero

    • Brkdncr@lemmy.world
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      27 days ago

      Biden, hunters laptop, DEI, Hilary, assorted transgender concerns.

      Didn’t miss any other causes of the upcoming recession?

      Edit: tan suits.

  • ToadOfHypnosis@lemm.ee
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    27 days ago

    America couldn’t forgive Biden for unavoidable global inflation. They better be raging when this totally avoidable and reckless inflation begins.

    • Omega@lemmy.world
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      27 days ago

      It’s ridiculous that Biden wasn’t celebrated for avoiding a recession in the U.S. when there was a global recession and analysts were certain we were going to have one here.

      • captainlezbian@lemmy.world
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        26 days ago

        The average American saw a year of pandemic and 3 of “recession imminent” with some financial hardships and thought that their life was shit under Biden so he’s to blame.

    • ATDA@lemmy.world
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      27 days ago

      Fox News is still calling it the tail end of bidens inflation. They’re happy to extend that for 40 years or so.

  • ProIsh@lemmy.world
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    27 days ago

    The guy that predicts he’s going to make everything better all the time, every day. “I don’t like to predict things”

    This fucking clown.

  • CharlesDarwin@lemmy.world
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    27 days ago

    If it crashes, I’m sure it will be Biden’s fault. Also: Kamala’s.

    Also, I’m sure Kamala would have been just as bad because something something neocon genocide…

    In any case, I think the corporate media would be doing the very least if they called it the Trump Depression/Recession.

  • vegeta@lemmy.world
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    27 days ago

    From:“THIS IS THE TRUMP STOCK MARKET,” Trump wrote in an all-caps Truth Social post, “BECAUSE MY POLLS AGAINST BIDEN ARE SO GOOD THAT INVESTORS ARE PROJECTING THAT I WILL WIN, AND THAT WILL DRIVE THE MARKET UP.”

    and.

    TRUMP CASH vs. KAMALA CRASH!

    To: "I DON’T LOOK AT THE MARKET

  • futatorius@lemm.ee
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    27 days ago

    He’s deliberately causing a crash so billionaires can buy everything up at a dime to the dollar.

  • ATDA@lemmy.world
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    27 days ago

    I’ve never actually seen Trump think proactively. Perhaps it’s my bias, or perhaps I don’t consider him thinking of his own future as proactive thinking…

  • danekrae@lemmy.world
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    27 days ago

    I hate to predict things

    That’s a huge part of your fucking job! Anticipating the consequences of your decisions.

  • DaddleDew@lemmy.world
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    27 days ago

    Experts could have easily predicted that for him.

    There is no 200 IQ 4D chess plan. He just wings it as he goes. He says and does whatever “feels good” to him at the moment with zero regards to consequences, consistency or truth. He doesn’t consult experts, he doesn’t study anything because he thinks he knows everything about everything already. He is simply lucky when things go his way and is really good at shifting blame when they don’t.