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Teresa Fry

GOOD MORNING!!!! COFFEE IS HOT!!!! 😊

2

2 March 10, 2025

Tim smith

Goodmorning, starting the collapse of the economy... 50% tariffs on steel. ....

March 11, 2025

Tim smith

BREAKING: The conservative Wall Street Journal enrages MAGA world by warning that we are crashing straight into a full-blown "Trump recession" thanks to his disastrous tariffs. When a Republican president loses the WSJ you know things are getting bad... "Recession fears are roiling markets, as tec... View MoreBREAKING: The conservative Wall Street Journal enrages MAGA world by warning that we are crashing straight into a full-blown "Trump recession" thanks to his disastrous tariffs. When a Republican president loses the WSJ you know things are getting bad... "Recession fears are roiling markets, as tech stocks and the Dow Jones Industrial Average fell sharply again on Monday. Stock prices have been richly valued for some time, and this may be merely a market correction. But there are also signs of a slowing economy that should have the Trump Administration on alert," the Journal's editorial board wrote in a piece entitled "Will There Be a Trump Recession?" The board went on to criticize Trump, saying that he "didn’t help the mood" over the weekend when he refused to rule out the possibility of an economic slowdown and said instead that "there is a period of transition, because what we’re doing is very big." What exactly Trump hopes to gain from his harebrained tariffs — beyond some nebulous demands about immigration and fentanyl smuggling — is still unclear. "Mr. Trump was right to note that a President shouldn’t be preoccupied with short-term investor reactions to economic policies that will boost long-term growth. But there are flashing signs that the U.S. economy is slowing," the Journal wrote. Specifically, the right-wing newspaper pointed to recent disappointing jobs reports, the escalating trade wars with our close allies Canada and Mexico, as well as the general chaos and uncertainty caused by this administration. The board also cited specific instances where the tariffs are crushing businesses. One transportation equipment manufacturer stated that "customers are pausing on new orders as a result of uncertainty regarding tariffs." Similarly, a machinery manufacturer revealed that "the incoming tariffs are causing our products to increase in price" as "sweeping price increases are incoming from suppliers." "When tariffs cause steel prices to rise, steel-using companies raise prices," the Journal explained, debunking Trump's false claim that the cost of tariffs are born by foreign countries rather than domestic consumers. The editorial concluded by stating that all of the aforementioned factors suggest "slower growth ahead even if the economy dodges recession." "If Mr. Trump wants to quiet recession alarm, he would be wise to put his tariff plans on the shelf," the board wrote. Please like and share!

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March 11, 2025