Anonymous wrote:Trump is a disaster for the economy

Yes. And while overall approval numbers for Trump are still very strong, if you break the data down by issue, even Republicans are not happy with sharp declines on approval for how he is handling the economy and inflation since Jan when data is filtered for conservatives (I was comparing the Economist/Yougov polls from Jan vs. the most recent March release).

Our docile Democratic leaders need to wake up hold him to task for how he is destroying a good economy and making everything worse. Will also note that when looking at the latest poll filtered for Democrats and Moderates, they overwhelming believe the Democratic party is not doing enough to hold Trump accountable.

Trump is a disaster for the economy

Today's headlines courtesy of CNBC's Carl Quintenilla

“Stunning. Expectations for prices paid in the next 6 months surged to an all-time high in March per the Richmond Fed Manufacturing survey.”

- Schwab/Kevin Gordon

BARCLAYS cuts $SPX year-end target to a street-low 5900, and adds:

“.. in our bear case, the full impact of Canada and Mexico tariffs, in tandem with reciprocal and China tariffs, creates a much larger direct drag .. pushing US GDP into contraction and the S&P 500 into a bear market down to 4400..”

WSJ: “.. At the end of last year, the attitude was, ‘Full on, this is going to be an exceptionally pro-growth agenda and it will be executed in a clear way.’ All of that has gone in reverse.”

B of A: ".. push our [year-end] forecast down to 4.5% on the 10yr from 4.75% prior, seeing Increased downside growth risks. US rates stuck between weakening soft data & stable hard data. This will persist till hard data breaks or disproves soft data."




Anyone else tired of all the winning?

Trump is more concerned about the Russian economy than the American economy.

WSJ: “The Trump administration agreed to help Russia increase exports of its grain and fertilizer to global markets, as part of a U.S.-brokered deal between Russia and Ukraine to eliminate the use of force in the Black Sea.”
https://www.wsj.com/world/europe/u-s-agrees-to-help-russia-boost-exports-in-black-sea-truce-7661b78f?mod=mhp

“Consumer confidence slid 7.2 points this month to a reading of 92.9, the Conference Board said Tuesday in its latest survey, reaching its lowest level since January 2021 and extending a decline that began in December, after the US presidential election. March’s decline was similar to February’s, underscoring the growing pessimism among US consumers.”
https://amp.cnn.com/cnn/2025/03/25/economy/us-consumer-confidence-march-recession

Anonymous wrote:At what point does the GOP decide it’s maybe time to do a little governing. They are not presiding over a success story here.

They are going for the brass ring of full on christian nationalist authoritarianism. It is be on the governing side or be in jail, there is no in-between.

Anonymous wrote:At what point does the GOP decide it’s maybe time to do a little governing. They are not presiding over a success story here.

Gop doesn't care about their legacy... the right people are cashing their checks and stuffing their pockets. Nothing else matters.

At what point does the GOP decide it’s maybe time to do a little governing. They are not presiding over a success story here.

Anonymous wrote:

Completely. It’s stagflation by design. Thank you Trump for your astute leadership. 🙄

Anonymous wrote:

Why would anyone invest in the US right now if they had a choice?

But guess who's raking it in

https://www.nytimes.com/2025/03/23/us/politics/spacex-contracts-musk-doge-trump.html

No, you'll never guess

The boost in federal spending for SpaceX will come in part as a result of actions by President Trump and Elon Musk’s allies and employees who hold government positions.