Summary
Americans, frustrated with high prices despite a strong economy, voted for change with Donald Trump’s election. Trump promises to reverse Biden-era policies, vowing steep tariffs, tax cuts, and mass deportations.
Economists warn his plans could worsen inflation, increase the federal deficit, and destabilize growth. The Peterson Institute predicts Trump’s tariffs could drive up costs for American consumers, while deportations could shrink GDP by $5.1 trillion.
His proposed tax cuts could add $4.1 trillion to the deficit, while economists question his willingness to address fiscal imbalances through spending cuts.
They are going to miss the shit out of Biden before long.
Prices are already going up and layoffs are already starting in anticipation of the tariffs.
All the while, Trump and his rich buddies are going to rob us blind.
I wonder what the new social security retirement age is going to be.
Yep, people that are liquid are going to buy up America for pennies on the dollar. Oh, and the Democrats will of course be blamed by the demons in the wingerverse.
Death will set you free.
I fell like this government is going to be telling people “work will make you free”.
No they won’t miss Biden . They will keep blaming the immigrants and vote Trump.
The beatings will continue until the promises of Trump are achieved… They will cheer for the beatings and say the only reason it isn’t working because there aren’t more beatings m
Very true. It’s been this way since forever. It’s a lot like big-C Communism: conservatism can never fail, only people can fail conservatism by not doing it HARD enough or properly enough, etc…same cult-like belief. It doesn’t matter how miserable conservative policies make everyone (but the very upper 1% of 1%), we aren’t doing enough of it.
Yup look at Pol Pot and Cambodia. Or the Spanish Inquisition.
Retirement age will be two years after you die.
“policymakers should gradually increase the normal retirement age from 67 to 69 or 70 – moving the age up by one or two months per year…"