this post was submitted on 09 Mar 2025
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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."

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[–] ToadOfHypnosis@lemm.ee 81 points 14 hours ago (5 children)

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

[–] SnotFlickerman@lemmy.blahaj.zone 58 points 13 hours ago (3 children)

Hahahaha you know they won't it's a fucking cult

[–] WheelerSelanne@lemmy.ca 3 points 7 hours ago

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

[–] pelespirit@sh.itjust.works 15 points 13 hours ago (1 children)

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?

[–] CmdrShepard42@lemm.ee 5 points 8 hours ago

You can't unless you can alter the brainwashing information flow feeding directly into their minds.

[–] hypna@lemmy.world 7 points 13 hours ago (1 children)

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.

[–] obviouspornalt@lemmynsfw.com 7 points 12 hours ago

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.

[–] Omegamanthethird@lemmy.world 19 points 13 hours 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.

[–] ATDA@lemmy.world 14 points 13 hours ago (1 children)

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

[–] Quill7513@slrpnk.net 9 points 13 hours ago

everytime things bet better it's reagan's policies finally working. anytime things get worse it's obama's fault.

[–] Fingolfinz@lemmy.world 4 points 12 hours ago

They absolutely won’t because it was always in bad faith

[–] ceenote@lemmy.world 4 points 13 hours ago

Depends on how the propaganda mill tells them to feel.