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#prices

5 Beiträge4 Beteiligte0 Beiträge heute
Antwortete im Thread

DOGE’s Cuts at the #USDA Could Cause US Grocery Prices to Rise & Invasive Species to Spread

Thousands of #US Dept of #Agriculture employees, including food inspectors & disease-sniffing #dog trainers, remain out of work, leaving food to rot in ports & pests to proliferate.
wired.com/story/usda-food-supp

"the losses could cause #food to go rotten... even higher grocery #prices... potentially devastating invasive species getting into the country."

#Musk#Doge#Trump
Fortgeführter Thread

"President Trump inherited an economy that was, by most conventional measures, firing on all cylinders. Wages, consumer spending and corporate profits were rising. Unemployment was low. The inflation rate, though higher than normal, was falling.

Just weeks into Mr. Trump’s term, the outlook is gloomier."

~ Ben Casselman and Colby Smith

#Musk #Trump #economy #tariffs #recession #workers #firings #inflation #prices
/7

nytimes.com/2025/03/07/busines

Economic analysts have scaled back their forecasts because of President Trump’s policies and the uncertainty they have created.
The New York Times · Trump’s Policies Have Shaken a Once-Solid Economic OutlookVon Ben Casselman
Fortgeführter Thread

"Trump’s tariffs are a petulant and ill-advised bargaining tactic that will impact every American and could push us into recession.

Gasoline, strawberries, smartphones, nails — all will cost more. And If you are thinking of buying a new car, the post-tariff price of many models just skyrocketed. The average new car costs just under $50,000. Trump’s tariffs will add $12,500 to the sticker."

#Musk #Trump #economy #tariffs #recession #workers #firings #inflation #prices
/5

Fortgeführter Thread

"If Trump had done nothing about the economy, we’d be in better shape than we are now. Before he came to power, unemployment was low, inflation was finally coming down, and the stock market was hitting record highs. But he hasn’t done nothing. Trump has started a trade war. The stock market is reeling. Canada and Mexico, our two biggest trading partners, are seething."

~ Dan Rather

#Musk #Trump #economy #tariffs #recession #workers #firings #inflation #prices
/4

steady.substack.com/p/chaos-co

Steady · Chaos CompoundedVon Dan Rather
Fortgeführter Thread

"This week’s data on consumer confidence showed it down to a level last seen in 2021. ...

Trump has put the economy in peril, which will cause widespread pain. Yet nothing galvanizes public outrage more than a poor economy."

~ Robert Reich

#Musk #Trump #economy #tariffs #recession #workers #firings #inflation #prices
/3

robertreich.substack.com/p/thi

Robert Reich · More reasons for modest optimismVon Robert Reich
Fortgeführter Thread

"The stock market has dropped dramatically over the past three days owing to both the tariffs and the uncertainty over their implementation. But Trump denied his abrupt change had anything to do with the stock market.

'I’m not even looking at the market,' Trump said, 'because long term, the United States will be very strong with what’s happening.'”

~ Heather Cox Richardson

#Musk #Trump #economy #tariffs #recession #workers #firings #inflation #prices
/2

heathercoxrichardson.substack.

Letters from an American · March 6, 2025Von Heather Cox Richardson

"Stocks tumble as fallout from Trump tariffs roils markets

A selloff on Thursday erased some of the gains a day earlier.

The selloff erased some of the market gains delivered a day earlier after President Donald Trump gave U.S. automakers a one-month reprieve from the tariffs. Duties on a host of other goods remained in place, however."

~ Max Zahn

#Musk #Trump #economy #tariffs #recession #workers #firings #inflation #prices
/1

abcnews.go.com/Business/stocks

ABC News · Trump pauses tariffs for some Canadian and Mexican goodsVon Max Zahn