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The economy is increasingly in the minds of voters. Swing voters put Trump back to the White House to reduce costs and inflation. Instead, what they have obtained so far is an administration that Never mentions inflation But left a right -wing jihad against the popular government and its programs.
The agenda Trump / Musk harms the economy, as Mark Zandi de Moody’s published on X:
The economy seems to gap the uncertainty created by the development of random economic policies at DC. Retail sales, manufacturing production, actual consumption expenses, sales of homes and the greatest confidence, consumer confidence, are all decreasing significantly during the month or the last two months. Real GDP follows only 1.2% annulized so far in the first quarter, with a large revision downwards last week, given all low data.
The Atlanta Fed tracker claims that GDP should actually decrease during the quarter unless the economy is coming back soon. The tariff wars, the Doge -employment and government -employment sections and agencies, and the deportations are sowing confusion, which puts a veil on investment, hiring and expenses.
Even the Fed says that it has suspended the interest rate policy until it is clarity on the site of economic policy. It is perhaps not for a while as a closure of the government that is looming, and another drama of scary cash debt will not be sure to play this spring. Legislators must soon come together, where the economy will pass from the gagging to suffocation.
Representative Jimmy Gomez (D-CA) has displayed Zandi’s analysis and suspended a nickname the economy that is devastating for Trump, “Trump’s apologists will blame Biden for the economy, but don’t be fooled. Trump’s crisis began when he took office – on prices, dismissed thousands of federal workers and cancel subsidies that employed millions. Where will this slowdown end? Who knows.
The current slowdown is caused by the erratic governance and Trump’s terrible policies. Trump and Musk throw gas on the fire inflation by getting rid of government employees and by reducing aid to the programs.
Trump and the Republicans managed to believe enough voters to believe that public spending was the problem, but public spending and the increase in wages were the only things preventing this economy from falling.
Trump’s ignition is there, and it is likely to worsen before it improves under Donald Trump.
Do you like the nickname of Trump’s crisis? Are you going to use it? Share your reflections in the comments below.