President downplays recent stock market volatility that followed his ducking and weaving over tariff policy
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."
How do we separate him from his cult though? That's the real question. Who would have thunk that in a month, he's destroyed our economy. How can we destroy his cult's adoration in the same amount of time?
They'll be praising him for how good the stuff is that they scavenged from their neighbours burnt out homes. And saying how nice it is not to have mortgage payments on the cave they live in
Sure there's the maga cultists, but that is not the majority of people who voted for Trump. I honestly think a self-inflicted recession may turn out to be a good thing.
Right now Trump is behaving like, and being treated by the opposition like he's invincible. But I do not think we are at the point where maga has such a hold on power that they can withstand being broadly unpopular. There is still a lot of the government and civil society that remains intact, and could be a platform for stopping the authoritarian takeover, but they are going to need a huge amount of public support. Causing a recession when your mandate was to improve the economy may be enough for this.
The longer this festers, the more maga will be able to destroy or compromise the state and civil society. I think we need to force the crisis sooner rather than later.
Yes, sooner rather than later is the Project 2025 plan. They need violence to break out soon in order to get martial law in place so that the '26 midterm elections are suspended.
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.
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.