“The budget deficit is not due to the salaries of civil servants, who are being wantonly fired, or to the government’s R&D spending, on which our future prosperity depends, but rather to the combination of tax cuts for the rich, and reckless spending on America’s perpetual wars…”
#Politics #USPolitics #Economics #TradeWarImpact #TrumpTariffs #BudgetDeficit #DemocracyVsOligarchy #DemocracyVsAuthoritarianism #TaxTheRich #RecessionPossibility
Fed Chair Powell sidesteps recession forecasts, highlighting divergent economic outlooks among analysts amid ongoing market uncertainty
#YonhapInfomax #FederalReserve #JeromePowell #RecessionPossibility #EconomicOutlook #MarketUncertainty #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=54830
“It’s unclear just how effective the global boycott of American products and culture will be, but it no doubt indicates the world is fed up with Trump’s [sic] and his reckless pursuit of chaos.”
#Politics #USPolitics #BoycottAmerica #BoycottMusk #DemocracyVsOligarchy #FightTrumpism #DemocracyVsAuthoritarianism #RecessionPossibility #AmericaFirstPolicyCriticized #WorkingClassPolitics
https://newrepublic.com/post/192658/donald-trump-global-boycott-us-goods
“One topic Fox personalities are not quite as willing to run interference for Trump on is the economy. And with signs mounting that Trump’s economy is hitting the skids, they are beginning to sound the alarm.
It’s the latest indication that Trump’s political project is suddenly looking quite fragile. And it’s a sign that more dissent is coming.”
#Politics #USPolitics #Economy #TrumpEconomy #RecessionPossibility
https://newrepublic.com/article/192505/fox-news-panicking-trump-economy
Goldman Sachs CEO David Solomon expresses uncertainty about Trump's tariffs, discusses economic outlook and policy impacts at AFR Business Summit
#YonhapInfomax #GoldmanSachs #DavidSolomon #TrumpTariffs #EconomicUncertainty #RecessionPossibility #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=52799
