A Trump Recession is Coming Fast

Op-ed by TheWiseOldFart

When exit polls were taken on November 5, 2024, obviously uninformed voters claimed their votes for Trump were based on his “ability to improve the economic status for everyone.” I found this hilarious.

When Trump was evicted from the White House on January 20, 2021, America’s economy was nearing a depression, thousands of jobs had been lost after Trump failed to act early when he first learned about Covid-19, and his failed fiscal policy added eight trillion dollars to the national debt.

Economists predict that by 2028, Trump’s current actions will add another 10 trillion dollars to the deficit.

Today’s economic report is a warning. The American people will be facing another recession, and soon.

The report covers three major categories. Consumer confidence and spending are down. The jobs report is dismal. Inflation is stagnant or in some categories, on the rise.

The biggest lie Trump tells is not about the 2020 election, it’s about his business interests. Trump failed to succeed once in his life without the assistance of Russian oligarchs and the Saudi Royal Family. Trump did the impossible: he bankrupted a casino in Atlantic City.

I doubt he attended any of his classes at Wharton Business College. I am certain “Daddy Fred” bought his diploma, just like he paid for his deferments from the war in Vietnam.

It’s only going to get worse.

Op-ed by James Turnage

Follow my blog and be informed

Source: https://www.gelliottmorris.com/p/trump-recession-gdp-q1-2025

 

 

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