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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[–] dhork@lemmy.world 161 points 11 months ago (4 children)

There is one thing I can predict: if Trump's policies tank our economy. He will blame everyone but himself.

[–] SnotFlickerman@lemmy.blahaj.zone 63 points 11 months ago (1 children)

It's not an if it's a when.

[–] dhork@lemmy.world 40 points 11 months ago* (last edited 11 months ago) (1 children)

No, it's not a certainty that Trump's policies will cause a recession. What if we get hit by a giant meteor before then, wiping out humanity before the tariffs have a chance to do any damage? Or if God finally decides He has had enough and exercises His Ultimate Recall Vote on Trump and his presidency tomorrow?

[–] coyootje@lemmy.world 29 points 11 months ago (1 children)
[–] DarkDarkHouse@lemmy.sdf.org 1 points 11 months ago

Giant Meteor 2028: Just End It Already

[–] Brkdncr@lemmy.world 27 points 11 months ago* (last edited 11 months ago) (2 children)

Biden, hunters laptop, DEI, Hilary, assorted transgender concerns.

Didn’t miss any other causes of the upcoming recession?

Edit: tan suits.

[–] CosmicTurtle0@lemmy.dbzer0.com 24 points 11 months ago (1 children)
  • not being Christian enough
  • too many people vaccinated
  • too many people wearing masks
  • no prayer in schools
  • violent TV shows/video games
  • the gay agenda
  • satanic panic
  • colored jelly bracelets
  • rainbow parties
  • migrants hiking to the border
  • drugs
  • Dungeons and Dragons
  • Harry Potter/witchcraft

All pitched by the right as to why our country is off-course.

[–] Floppybutton@lemmy.world 11 points 11 months ago

Don't forget porn, video games, and not injecting bleach.

[–] magic_lobster_party@fedia.io 17 points 11 months ago (1 children)

It’s Obama’s fault. He shouldn’t have had that Dijon mustard

[–] plumbercraic@lemmy.sdf.org 15 points 11 months ago (1 children)

That's correlation not causation. We all know the root cause was the tan suit.

[–] dhork@lemmy.world 7 points 11 months ago (1 children)

There's an alternate universe where Obama has never owned a tan suit, Harambe is still alive, and President AOC is in office after President Sanders' retirement....

[–] grue@lemmy.world 6 points 11 months ago

That's the universe where the Brooks Brothers Riot didn't succeed and Al Gore became president.

[–] Noedel@lemmy.world 11 points 11 months ago

Recessions are created to sell items to rich people with a discount

[–] ProIsh@lemmy.world 64 points 11 months ago (1 children)

The guy that predicts he's going to make everything better all the time, every day. "I don't like to predict things"

This fucking clown.

[–] sloppychops@lemmy.ca 20 points 11 months ago* (last edited 11 months ago) (2 children)

Well, he ended the war in Ukraine in 24 hours, didn't he?

[–] Lost_My_Mind@lemmy.world 9 points 11 months ago

checks notes

Uhhhhh.......no.

[–] WatDabney@sopuli.xyz 41 points 11 months ago (1 children)

To paraphrase the Narcissist's Prayer, he's currently moving from "That won't happen" to "And if it does, it won't be that bad" and on to "And if it is, that's not a big deal."

So expect "And if it is, that's not my fault" in the not terribly distant future.

[–] SnotFlickerman@lemmy.blahaj.zone 10 points 11 months ago

and if it did happen, you deserved it is their go-to.

[–] notsoshaihulud@lemmy.world 40 points 11 months ago (1 children)

Is it too early to call it the Trump Slump?

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[–] CharlesDarwin@lemmy.world 35 points 11 months ago

If it crashes, I'm sure it will be Biden's fault. Also: Kamala's.

Also, I'm sure Kamala would have been just as bad because something something neocon genocide....

In any case, I think the corporate media would be doing the very least if they called it the Trump Depression/Recession.

[–] vegeta@lemmy.world 28 points 11 months ago (1 children)

From:“THIS IS THE TRUMP STOCK MARKET,” Trump wrote in an all-caps Truth Social post, “BECAUSE MY POLLS AGAINST BIDEN ARE SO GOOD THAT INVESTORS ARE PROJECTING THAT I WILL WIN, AND THAT WILL DRIVE THE MARKET UP.”

and.

TRUMP CASH vs. KAMALA CRASH!

To: "I DON'T LOOK AT THE MARKET

[–] adespoton@lemmy.ca 10 points 11 months ago

It’s like if you cut someone off in traffic, forcing them to collide with a large truck. Trump’s the sort of person who won’t stop to help, but will drive off pretending he had nothing to do with it, only to proudly point out “Hey! I was there!” When it makes the evening news.

Dudes gonna bankrupt America just like his casinos

[–] griff@lemmings.world 10 points 11 months ago

“He puts the ‘if’ in tariffs,” Harry Shearer, Le Show

[–] xmunk@sh.itjust.works 10 points 11 months ago

The US is going into a recession.

The really keen among you probably saw this coming last summer due to the slowing job growth numbers as being inevitable regardless of how the election turned out but this fucker is absolutely making it much more painful than it needed to be.

[–] rc__buggy@sh.itjust.works 8 points 11 months ago

The US is definitely going to have a recession, I just hope it's not going to be s full on depression.

Please try to become as self sufficient as possible. I already have laying hens and a salsa garden, I'm going to try for dry beans this year.

[–] Bluefalcon@discuss.tchncs.de 7 points 11 months ago

He's playing the market. Tank and buy low, then you let the next admin fix it. Plus they can still blame Dems for tanking it.

[–] LMurch@thelemmy.club 6 points 11 months ago (1 children)

Period of transition, huh? Like 4 year period? Then we elect a Democrat that fixes the economy and Trump goes, "That's my economy!"

The cycle continues...

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[–] ATDA@lemmy.world 5 points 11 months ago

I've never actually seen Trump think proactively. Perhaps it's my bias, or perhaps I don't consider him thinking of his own future as proactive thinking...

[–] danekrae@lemmy.world 3 points 11 months ago

I hate to predict things

That's a huge part of your fucking job! Anticipating the consequences of your decisions.

[–] DaddleDew@lemmy.world 2 points 11 months ago* (last edited 11 months ago)

Experts could have easily predicted that for him.

There is no 200 IQ 4D chess plan. He just wings it as he goes. He says and does whatever "feels good" to him at the moment with zero regards to consequences, consistency or truth. He doesn't consult experts, he doesn't study anything because he thinks he knows everything about everything already. He is simply lucky when things go his way and is really good at shifting blame when they don't.