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Reply to "How long till the economy collapses?"
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[quote=Anonymous][quote=Anonymous]It is not likley that the economy will collapse or even slow down in 2025. 2026 is possible. You do realize that almost nothing that Trump has announced will take effect.[/quote] They are cutting funding to various federal agencies and contracting companies, universities, health care providers, etc. are making layoffs and reducing purchasing correspondingly. Other countries are cutting imports and travel to the US, affecting exporters and tourism. Cuts in federal funding to states will affect state spending and local jobs. Eventually things trickle down as all of the jobs and industries directly affected by federal spending contract and those people spend less on local goods and services. This doesn't take years, this could take three to six months. [/quote]
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