Federal Reserve Rings Every Alarm Bell About Trump’s Economy

https://newrepublic.com/post/194985/federal-reserve-powell-trump-economy-tariffs-stagflation

27 comments

  2. And yet, Trump and his crew think they know better than Powell.

    When the day comes that Powell leaves and Trump puts his man in charge of the Fed, we should all be worried.

  3. Trump is a rich moron who thinks he is smart because he inherited a fortune and had his dad bail him out on multiple occasions.

  4. So once Wal-Mart finds it unprofitable to operate in rural areas and starts closing stores, do you think the Trump supporters will have a moment of clarity before they starve to death?

  7. This summer is going to be wild. Shortages and price hikes will ramp up. The dismantled federal government won’t respond to whatever mother nature throws at us. National parks will be unable to serve the public. Watch for Trump to find an excise ti unleash the military inside the US.

  9. Dude sank a casino and run a “university” that was nothing but a scam. Why are so many Americans so fucking dumb and vote for a known conman who sells golden shoes and bibles?

  10. Never voting Republican ever again. Wait, I never did.

  12. I’m starting to worry that making everything more expensive is going to increase prices.

  13. When the recession hits the bulk of America hard, JPow will be blamed by Trump for not lowering interest rates.

  14. I’d like to see a rally where everyone carries only signs that say, “TRUMP 1929”

    Supposedly the 🍊🤡 has a genuine fear of being the catalyst for the Great Depression and refers to it only as “a 1929”.

    Speak to him in the language he understands.

  15. Republicans will hit snooze. Object permanence is a funny thing. We’ll see what their tune is when the food riots start.

  16. I feel like I’m tied to a raft, floating down a river heading towards a waterfall. So many know this is leading to a disaster and there’s nothing we can do about it.

  18. Though Powell didn’t name it, he was clearly referring to “stagflation: slow GDP growth, high inflation, and high unemployment. The Federal Reserve refused to cut interest rates on Wednesday, as Powell described the concerns with Trump’s economic plans.

    “Donald Trump’s tariffs mean you could suffer higher prices and lose your job AT THE SAME TIME, Senator Elizabeth Warren wrote on X. “Forget dolls, families will be forced to make impossible choices between necessities like food, housing, and health care.”

  19. If the day ever comes when his supporters realize he is an evil man, it will not be any comfort. We will always wonder why it took them so long to realize. Whatever the final straw was for each person at this point is a pathetic excuse. So much has already happened that makes any support for this man tantamount to treason. He is the biggest threat to our country and world. This is truly fucked up.

  20. > “Donald Trump’s tariffs mean you could suffer higher prices and lose your job AT THE SAME TIME, Senator Elizabeth Warren wrote on X

    That ship has already sailed, ma’am.

  21. When will the myth that Republicans are “good on the economy” die?

  22. The thing I dont like about Trump is that he never blames himself for anything. If we go into a recession, he will blame Powell and Biden

  23. Watch some videos on Fall of Berlin. Now imagine the evil one is Donald and all the sycophantic generals and followers are billionaires and people that bend the knee to Donald and you’ll see how fucking scary it is right now.

  24. It’s COVID level but self induced. Mind boggling.

  25. Look no further than Russia in the 90s. Government-induced crash of the economy in order to privatize assets and consolidate wealth and power among oligarchs.

  26. Trump ran on this. Americans voted for him, or sat at home.

    We are not a smart country.

  27. And what do his supporters say when confronted with Trump’s terrible stewardship? Just ask them – they’ll pivot back to illegal immigration and trans people. Hatred is their only motivation.

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