National avg GAS prices inched upward yet again Wednesday
CNN —
US stock markets fell sharply Friday after
a new economic report showed American consumers
are growing increasingly fearful of price increases
and how [the fascist/convicted felon’s] tariffs
could reignite the inflation crisis he promised to end!
CNN —
US stock markets fell sharply Friday after
a new economic report showed American consumers
are growing increasingly fearful of price increases
and how [the fascist/convicted felon’s] tariffs
could reignite the inflation crisis he promised to end!
@fubah2
Give it time ! DOGE isn’t going to affect the deficit since the vast majority of federal spending is on welfare programs (medicare, medicaid, social security) and the military. There isn’t much they are going to be able to cut. Hopefully.
However the tariffs, the trade wars, labor shortages due to immigrants not showing up to work or being deported, etc could easily cause a serious recession and make inflation worse. Combined with the fact that for the next 4 years we are going to have republicans who try to combine extra military spending with tax cuts for the rich, and the deficit will get even worse.
@fubah2
Give it time ! DOGE isn’t going to affect the deficit since the vast majority of federal spending is on welfare programs (medicare, medicaid, social security) and the military. There isn’t much they are going to be able to cut. Hopefully.
However the tariffs, the trade wars, labor shortages due to immigrants not showing up to work or being deported, etc could easily cause a serious recession and make inflation worse. Combined with the fact that for the next 4 years we are going to have republicans who try to combine extra military spending with tax cuts for the rich, and the deficit will get even worse.
Dow tumbles more than 700 points Trump inflation, tariff fears mount
CNN — US stock markets fell sharply Friday aftera new economic report showed American consumers are growing increasingly fearful of price increases and how [the fascist/convicted felon’s] tariffs could reignite the inflation crisis he promised to end!
The Dow Jones Industrial Average fell 748 points, or 1.7%.
The broader S&P 500 also sank 1.7% and the Nasdaq was 2.2% lower.
The Dow tumbled for the second consecutive day, falling about 1,200 points over the course of Thursday and Friday.
Dow tumbles more than 700 points Trump inflation, tariff fears mount
CNN — US stock markets fell sharply Friday aftera new economic report showed American consumers are growing increasingly fearful of price increases and how [the fascist/convicted felon’s] tariffs could reignite the inflation crisis he promised to end!
The Dow Jones Industrial Average fell 748 points, or 1.7%.
The broader S&P 500 also sank 1.7% and the Nasdaq was 2.2% lower.
The Dow tumbled for the second consecutive day, falling about 1,200 points over the course of Thursday and Friday.
@joe pockets
Excellent point.
@joe pockets
Excellent point.
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