[Pain] HUGE, self-inflicted Recession incoming due to Trump/Musk

as a point of reference,

the US economy grew every quarter under

• Trump 1.0 and
• Biden

 

No way this changes in the current quarter, we will officially be in a recession at the end of June

 

Yep next quarter you will see the tariffs and federal layoffs and spending cuts real impact. It’s 100% going to be worse than this quarter.

 

This all gets back dated, so it 99% likely we are currently in a recession.

 

But wait there is more ...

As expected, U.S. economic growth stalled in the first quarter of 2025, almost entirely due to uncertainty about Trump’s economic policies and the impact of tariffs. Real GDP growth was -0,3% in the quarter. Consumer Prices increased by 3.6% in the first quarter, up from 2.4% in the fourth quarter of 2024.​

Trump's self-inflicted STAGFLATION recession is upon us. This is the most historically stupid POTUS economic footgun ever.

 

I need some Trade Jorge education/premium/good day posts to tell my the bright side and how this is wonderful.

 

It’s just transitory stagflation.

By Christmas all the toy companies will have pulled up roots in foreign countries and will have factories up and running domestically. MAGAs will rejoice at the chance to be paid $10/hr assembling action figures and dolls.

 

As long as they "own the libs", and minorities are suffering, they are really just happy with what's transpiring.

 

these incompetent bozos done turned “America 1st” into America Last

 

Imagine having less growth than France nd UK lolololol. I cant stop laughing at how bad these dipshits have destroyed the economy @Space Ghost @Salvy

 

Sex Workers Already Predicted There's A Recession Coming — Here's How They Know

The Stripper Index

Strippers are often the first ones to notice a downturn in the economy.Dancers are “obviously not a priority or household necessity” and “are the first to feel it because we’re the first ones tossed aside,” Vanity said.​

 

Hoes, hookups, fancy beers and men's underwear sales down. Things be gettin lean!

 

Yet, just wait and see how many tens of millions Trump spends to have a huge military parade for his birthday, with thousands of troops, tanks, helicopters, planes, and more. Then the guy wastes so much government money golfing and grifting at his resorts around the country every weekend, attending sporting events, wheeling and dealing for his crypto and real estate ventures abroad, and more. It's all about him and his businesses. The rest of Americans can suffer awhile. If you lose your job, get fired for waste, spend more because of tariffs, or lose you medical research or healthcare it doesn't change his lifestyle, so he doesn't care. He'll just keep blaming Biden. It's never going to change. Get your heads out of your butts and wake up fools.

 

Have we checked the cocaine dealer index?

 

Trump's 2026 budget is using the billions he's cutting from other agencies to pour into the Defense Department and Homeland Security, even though we already have the biggest defense spending in the world. He's adding another 113.3 billion into the Department of Defense and 42.3 billion into Homeland Security.

Live Updates: Trump Proposes Slashing Domestic Spending to the Lowest Level of the Modern Era

The president’s $1.7 trillion budget blueprint would cut $163 billion for the 2026 fiscal year, offering an outline of his vision for Washington and dramatically curtailing the role and reach of the federal government.

The biggest cuts will go to State and International Programs –84%, National Science Foundation –56%, Environmental Protection Agency –54%, Housing and Urban Development, –44%, Labor–35%, Small Business Administration–33%, Interior–30%, and Health and Human Services–26%.
https://www.nytimes.com/live/2025/05/02/us/trump-budget-2026

List of countries with highest military expenditures



It's not like we don't already spend at least ten times more than most countries in the world on defense, and 600 billion more than the 2nd highest spender in China. But, screw science, health, human services, small businesses, research, environmental protection, anything else that helps the people.

 

I knew he would, that's the sickening part. He loves power, and never has hesitated to use that power to funnel money into his family businesses. Elon Musk knew that the quarter of a billion he gave Trump would be paid back in loyalty contracts worth billions. So did all the billionaires who gave him money to seek appointments of power. So do all the foreign leaders abroad who get political favors for investing or approving Trump's businesses. So did all the oil billionaires who wanted to be able to spew more toxic waste, and drill in protected lands.

What kills me is that so many millions who aren't billionaires or multi-millionaires believed he would make their lives better. How could they not see that Trump always has been and always will be a pathological liar, who will say or do anything for money or power at their expense? It's those people who will be the biggest losers. The damage that will be done could take decades or more to fix.

When coal miners, petrochemical industry workers, firefighters, and those working in hazardous conditions see their jobs become even more hazardous, then it's hard to feel sorry for them if they voted for Trump. The same goes for any other people who get sick or die because their air and water are more toxic, or they lose medical research treatments, can't afford healthcare or medicines. The same goes for those who have been fired, struggle to compete and stay afloat with their small business, start facing more discrimination in housing and employment, or become victims of police brutality or unusual punishment because of their skin color or sexual preference. Sure, I feel sorry for them, but they should have known better if they voted for Trump.

 

Can you imagine our quality of life if we spent only $100B on defense instead of $1 Trillion? It’s estimated universal healthcare would cost $3T a year. Saving $900B from defense would bridge the gap between the $2T that is already spent annually on Medicare and Medicaid.

It’s an absolute absurdity thinking our lives are better off with a $1T in defense rather than universal healthcare.