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#stagflation

5 posts4 participants2 posts today
Public
ErosBlog Bacchus

I hit the +1 button for three different things in my shopping cart this morning because:

1) at this very moment, I have the money;

2) the items are consumable and shelf-stable;

3) the items are not manufactured in the USA;

4) there is no way in hell they won't cost a ton more by the time I need them next, if I will be able to get them at all.

#Tariffs#Inflation#Economics
Public *
Kim Perales

Trump is destroying the economy to privatize the fed govt.

"The Conf Board's consumer confidence index dropped in Mar to -lowest level since Jan 2021. Trump's pres.: Americans as pessimistic as they were during: Covid crisis. Consumer inflation expectations⬆️6.2% in Mar.

Before Trump took office, the US economy was surging ahead of Europe’s. Trump’s managed to reverse that trend."
-S Ratnner

#Economy➡️weakens at the same time inflation rises➡️#stagflation #recession: soon.
#Privatization #USPol

Line graph showing the Conference Board Consumer Confidence index from 2021 to 2025. The index fluctuates, peaking above 130 in 2021 and declining to below 100 in recent months. The data points are connected with a red
Line graph illustrating the Conference Board's 1-Year Inflation Expectations from 2021 to 2025. The y-axis shows percentages from 4.5% to 8.0%, with data points indicating fluctuations over the years, peaking above
A bar graph depicting net flows into U.S.-based ETFs that primarily invest in European stocks from July 2024 to February 2025. The graph shows both positive and negative net flows, with significant inflows in February 2025. Data
Public *
Kim Perales

"Clock ticks on #Trump & Rs’ bill to extend the 2017 tax cuts."

Urgency: GOP worries: Trump’s tariffs -could (WILL) push the US into a #recession.

They appear (are) open to changing how social benefits are administered (SABOTAGING) -⬇️enrollment eligibility or cutting: fed govt’s cost-sharing contrib to states.

Longer Congress delays in getting the tax cut done: longer to feel the economic⬆️(A LIE, IF SUCCESSFUL -MOST PPL: SUFFER).

#Stagflation #Austerity #Resist #USPol washingtonpost.com/business/20

An article excerpt discussing the impact of President Trump’s tariffs on the U.S. economy, lawmakers' return to Washington to address tax laws, and efforts by some Republicans in Congress to enact tax cuts before a potential recession.
Senate Leader Thune:
Public
William Lindsey :toad:

"Fox News personalities are panicking about President Trump’s economy. Fox’s Maria Bartiromo, who has begun loudly sounding the alarm about Trump’s tariffs, lost patience with a Trump official on Tuesday, and walked through the reasons why business leaders are unhappy with the chaos Trump has unleashed."

~ Greg Sargent

#Musk #Trump #economy #tariffs #Trumpcession #stagflation #PriceofEggs #FoxNews
/1

newsletter.tnr.com/index.php?a

newsletter.tnr.comFox News Suddenly Panics About Trump Economy as a Brutal New Poll HitsPlus, the right’s gory...
Continued thread
Public *
William Lindsey :toad:

"In two months, the United States has experienced the worst outbreak of measles in decades. The stock markets have suffered heavy losses. Prices of household items and food have risen.

In two months, the United States has become more of a pariah than a partner concerning human rights, global security, environmental protection, and goodwill."

#Musk #Trump #measles #economy #tariffs #StockMarket #PriceofEggs #stagflation #Trumpcession #HumanRights #environment #GlobalSecurity
/3

Continued thread
Public *
Kim Perales

"Le Monde reports that a French researcher traveling to the US for a conference was denied entry by CBP because a border agent🚨searched his phone & found comments criticizing Pres Trump."
-A Reichlin-Melnick

DHS has weaponized #CBP...

Few tourists will even consider visiting the US.

The #TrumpMusk regime is destroying the US economy: #tourism, trade, services, retail sales, manufacturing, #stagflation, #firings...

There's no #FreeSpeech.

#Trump #DHS #Fascism #USPol
lemonde.fr/international/artic

Text excerpt discussing a French researcher's denial of entry to the U.S. while attending a conference, citing concerns from the French Minister of Higher Education related to the researcher's opinions on U.S. policy.
Public
Kim Perales

“Consumer sentiment is declining rapidly for HHs

•Consumer worries about losing their jobs are at levels normally seen during recessions

•A record-high share of consumers think business conditions are worsening

•HH’s income expectations are declining

•Inflation expectations are rising at an unprecedented speed

The bottom line is that consumer sentiment is
🚨DETERIORATING AT AN ALARMING RATE.”
-T Slok, economist at Apollo

A line graph depicting consumer sentiment over time for families with incomes greater than $100,000 per year (green line) and those with incomes less than $100,000 per year (blue line). The x-axis ranges from Jan 1990 to 2025
Graph displaying the percentage of consumers who expect business conditions to worsen over time, with key peaks noted. Source: University of Michigan, Haver Analytics, Apollo Chief Economist.
Line graph depicting inflation expectations over time from January 1990 to January 2025. Two lines show the median increase for 5-10 year (blue) and 12-month (green) inflation expectations, indicating a recent and notable rise.
Line graph showing the significant decline in household income expectations over time, with median expected change in income marked in green. Data spans from January 1999 to January 2025, including notable declines around early 2009 and 2020. Source
#Trumpcession#Stagflation#Economy
Continued thread
Public
Kim Perales

"The gloom is becoming bipartisan..."

'Despite their greater confidence following the election, Republicans posted a sizable 10% decline in their expectations .. For Independents and Democrats, the expectations index declined an even steeper 12 and 24%" (U of Michigan)
-C Quintanilla

Consumer Sentiment graph 2015-2024:
#Trumpcession#Stagflation#Coup
Public *
Kim Perales

"There are a lot of Trump-aligned voices telling people to calm down. Selloffs happen.

And it’s true. People tend to regret panicking.

But this is one of the fastest selloffs of the last century, while the President pursues a policy that virtually no economist will defend."
-J Weisenthal

Treasury Sec Bessent says a🚨‘DETOX' period for the economy doesn't have to be a recession.

It'll be a deep #recession.

Notification from Bloomberg Today regarding the S&P 500 falling into correction, citing it as the seventh-fastest since 1929, linked to renewed tariff concerns.
#Trumpcession#Trump#Stagflation
Public *
Kim Perales

“Are tariffs bad for growth? Yes, say 5 decades of data from 150 countries”

‘I’m not going to bend at all’: Trump doubles down on tariff plans as stocks sink"

"The WH is focused on the ‘real economy’ & not concerned about ‘a little’ market volatility"
-TSY Sec Bessent

Trump surrounds himself with yes-men -only they lie more eloquently. They're more responsible for the carnage than Trump -could stop the #tariffs #firings #stagflation #recession...

#USPol #Coup #Resist
cnbc.com/2025/03/13/trump-tari

An excerpt from a research paper highlighting findings on the impact of tariffs on output growth, covering data from 151 countries between 1963 and 2014. The text indicates that tariffs have significant negative effects on economic growth.
Trump:
Bessent:
Public *
Kim Perales

Treasury Secretary Bessent said the White House is focused on the ‘real economy’ and not concerned about ‘a little’ market volatility.

Trump's meanness & erraticism is problematic for his advisors, but Bessent is a smooth talker, paints Trump's plan to destroy the fed govt, as a minor hiccup, & normalizes an imminent, catastrophic recession.

Please watch.

#Recession #MarketCrash #Stagflation #Coup #Resist #Tariffs #Firings #Musk #DOGE #USPol

cnbc.com/video/2025/03/13/trea

TSY Sec Bessent:
Continued thread
Public
William Lindsey :toad:

"The MAGA Republicans are torching your quality of life while pretending they’re doing you a favor. It’s not just dishonest—it’s dangerous. They’ve turned the U.S. Congress into a bad reality show, and everyday Americans are the ones paying the price."

~ Ben Meiselas

#Musk #Trump #economy #stagflation #recession #StockMarket #billionaires #tariffs
/22

meidasplus.com/p/rep-joe-negus

Meidas+ · Rep. Joe Neguse on Republicans Cheering as They Make Americans SufferBy MeidasTouch Network
Continued thread
Public
William Lindsey :toad:

"Donald Trump’s global tariffs on steel and aluminum imports came into force on Wednesday, placing a 25% tax on all imports of the metals into the US from any country 'with no exceptions or exemptions.'

The move threatens to push up prices for consumers as they bear the brunt of resulting product cost rises, in everything from houses and vehicles to home appliances and beverage cans."

~ Clea Skopeliti

#Musk #Trump #economy #stagflation #recession #StockMarket #billionaires #tariffs
/21

Continued thread
Public
William Lindsey :toad:

"So, the stock market’s been sliding like bacon grease on a hot griddle. On Monday and Tuesday all three major indices had their worst days since August, and fears of a looming recession are already here. And only 50 days into Dear Leader’s reign!"

~ Marcie Jones

#Musk #Trump #economy #stagflation #recession #StockMarket #billionaires #tariffs #firings #workers #FederalGovernment #Tesla #insanity
/20

wonkette.com/p/newsmax-host-tr

Wonkette · Newsmax Host: Trump’s Big Balls Are Bouncing The Stock MarketBy Marcie Jones
Public
Stoneface Vimes

All of this.
toad.social/@wdlindsy/11414964
wdlindsy@toad.social - As boring as this topic may be and resentful as we may be that this man continues dominating news cycles, it's impossible to avoid either, because the damage is ongoing.

Heather Cox Richardson writes,

"The stock market continued to fall today. The Dow Jones Industrial Average fell another 478 points, or 1.14%; the S&P 500 fell almost 0.8%; & the Nasdaq Composite fell almost 0.2%."

#Musk #Trump #economy #stagflation  #recession #StockMarket #billionaires #tariffs
/1

heathercoxrichardson.substack.

toad.socialWilliam Lindsey :toad: (@wdlindsy@toad.social)As boring as this topic may be and resentful as we may be that this man continues dominating news cycles, it's impossible to avoid either, because the damage is ongoing. Heather Cox Richardson writes, "The stock market continued to fall today. The Dow Jones Industrial Average fell another 478 points, or 1.14%; the S&P 500 fell almost 0.8%; & the Nasdaq Composite fell almost 0.2%." #Musk #Trump #economy #stagflation #recession #StockMarket #billionaires #tariffs /1 https://heathercoxrichardson.substack.com/p/march-11-2025
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