Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

Beachnutt

(8,899 posts)
Mon Mar 3, 2025, 03:48 PM Mar 2025

He destroyed a Great economy in weeks

Trump HAS DESTROYED THE US ECONOMY. Atlanta Fed now expect a 2.8% CONTRACTION in US Economy.
The Atlanta Fed’s GDPNow model now estimates U.S. real GDP growth for Q1 at -2.8%, down even further from last week’s forecast of -1.5%. Just a month ago, the estimate was about +4%.

31 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
He destroyed a Great economy in weeks (Original Post) Beachnutt Mar 2025 OP
All together now .." Everything he touches turns to shit" NewHendoLib Mar 2025 #1
Hey folks, DENVERPOPS Mar 2025 #19
All that stupid bullshit about "Day one blah blah blah" was just that... bullshit. Klarkashton Mar 2025 #2
Not really. Shitler said he was going to be dicktator (sic) on "day one" and that is what he has done. OMGWTF Mar 2025 #29
I've been seeing a slow down in my move management job as seniors are getting scared they are going to lose social kimbutgar Mar 2025 #3
Same! cilla4progress Mar 2025 #8
Same. FalloutShelter Mar 2025 #31
I think they did it so quickly so they could blame Biden Johnny2X2X Mar 2025 #4
He can try... BrianTheEVGuy Mar 2025 #10
Won't work...that clown has been front and center in the media with this destruction 24/7 Bengus81 Mar 2025 #16
and he's not done yet CatWoman Mar 2025 #5
The Trumpsession begins... BlueHurricane Mar 2025 #6
The Great Trumpression NT BrianTheEVGuy Mar 2025 #11
Putin's cilla4progress Mar 2025 #7
Great!! Bear down Trump! Grins Mar 2025 #9
Are you ready for him to blame everyone except himself...................JFC turbinetree Mar 2025 #12
Seen this play before bmichaelh Mar 2025 #13
Democrats have been cleaning up Rethuglican messes since 1933. OMGWTF Mar 2025 #30
It has just dawned on Wall Street azureblue Mar 2025 #14
Now, now, be fair to the man Bettie Mar 2025 #15
So he's right... Godot51 Mar 2025 #17
The domino effect of this silly tariffs will have a much greater effect I think that what is being projected. ashredux Mar 2025 #18
Disaster Since Day One usonian Mar 2025 #20
He doesn't know what he's doing. Botany Mar 2025 #21
Economy hasn't been "great" for the majority in this country for a long time. Nulock Mar 2025 #22
Unlike many transitions, there is zero question Biden turned over a VERY strong economy Bluetus Mar 2025 #23
Many voted for Trump specifically because he would be better for the economy. Kablooie Mar 2025 #24
Trump supporters have ruined the economy ck4829 Mar 2025 #25
He knows exactly what he is doing and why. Irish_Dem Mar 2025 #26
It's going to be awkward at the podium tonight C_U_L8R Mar 2025 #27
Even Fox Business is reporting the Dow is down for the year Emile Mar 2025 #28

DENVERPOPS

(13,003 posts)
19. Hey folks,
Mon Mar 3, 2025, 06:25 PM
Mar 2025

I hate to "Awaken" you even more, but you AIN'T SEEN NOTHING YET".....they are just getting started......

The only redeeming thing, in my way of thinking, is that his 70+ million Trumphumping voters are gonna get creamed even more than the rest of us.....

I loved it, in Trumps rallies for weeks before the election, when he said; "Vote for me this time, and you will never need to vote again"
And all 70+ million were so fucking ignorant and stupid to realize what he was saying..........

And I enjoy all of them whining their heads off already.....LOL and I ESPECIALLY want to tell them all:
"YOU, AIN'T SEEN NOTHING YET"............You are being thrown under the bus, now that you serve no useful purpose to Trump or the Republican Party..........

Klarkashton

(5,278 posts)
2. All that stupid bullshit about "Day one blah blah blah" was just that... bullshit.
Mon Mar 3, 2025, 03:51 PM
Mar 2025

He wanted to stay out of jail and take revenge on the whole country.

OMGWTF

(5,126 posts)
29. Not really. Shitler said he was going to be dicktator (sic) on "day one" and that is what he has done.
Tue Mar 4, 2025, 12:38 PM
Mar 2025

kimbutgar

(27,229 posts)
3. I've been seeing a slow down in my move management job as seniors are getting scared they are going to lose social
Mon Mar 3, 2025, 03:55 PM
Mar 2025

Security and Medicare.

I brought all my big ticket items before the jackasses got in the White House. Only buying necessities now.

Johnny2X2X

(24,162 posts)
4. I think they did it so quickly so they could blame Biden
Mon Mar 3, 2025, 03:58 PM
Mar 2025

And that will work with the media parroting it.

Bengus81

(10,146 posts)
16. Won't work...that clown has been front and center in the media with this destruction 24/7
Mon Mar 3, 2025, 06:11 PM
Mar 2025

CatWoman

(80,288 posts)
5. and he's not done yet
Mon Mar 3, 2025, 04:00 PM
Mar 2025

Government shutdown looms as Trump tries to assert new spending powers

Funding will expire in less than two weeks if lawmakers don’t extend the deadline.

Congress has less than two weeks to extend federal spending laws and keep the government open, but now a clash over President Donald Trump’s attempt to seize powers the Constitution delegates to lawmakers threatens to stall talks and force a shutdown.

Republican negotiators walked away from talks over the weekend to reach a deal on a top-line number on how much the federal government should spend for the rest of the 2025 fiscal year, which runs through Sept. 30. Democrats had said that number is irrelevant if Trump refuses to spend the money in accordance with the law — or if he empowers billionaire Elon Musk and his U.S. DOGE Service to terminate federal contracts and lay off tens of thousands of federal workers without regard to Congress’s wishes.

https://archive.ph/16VU8


Grins

(9,439 posts)
9. Great!! Bear down Trump!
Mon Mar 3, 2025, 05:29 PM
Mar 2025

Until it hits the mouth-breathers who voted for this idiot good and HARD!

turbinetree

(27,485 posts)
12. Are you ready for him to blame everyone except himself...................JFC
Mon Mar 3, 2025, 05:52 PM
Mar 2025

martial law is coming...............that's the only way they can stay in power now...............

bmichaelh

(1,170 posts)
13. Seen this play before
Mon Mar 3, 2025, 05:52 PM
Mar 2025

GOP President, who was a failed businessman, destroys the economy

Democratic President follows and fixes it.

When will the American voter learn.

azureblue

(2,725 posts)
14. It has just dawned on Wall Street
Mon Mar 3, 2025, 06:00 PM
Mar 2025

Their boy is going to cost them money. They will try to rein him in, but he will resist because he is King. And a bull in a china shop. Not a bull in the sock market. Buy popcorn...

Bettie

(19,655 posts)
15. Now, now, be fair to the man
Mon Mar 3, 2025, 06:04 PM
Mar 2025

he has a LOT more destruction planned before he's done! He wants us all living in cardboard boxes before he can truly declare victory.

Godot51

(774 posts)
17. So he's right...
Mon Mar 3, 2025, 06:20 PM
Mar 2025

... when he says that the U.S. economy is failing and we definitely need the oligarchs to take over and put it straight before the middle, working, and poor income earners get a little ahead.

ashredux

(2,927 posts)
18. The domino effect of this silly tariffs will have a much greater effect I think that what is being projected.
Mon Mar 3, 2025, 06:24 PM
Mar 2025

The coming downturn will make 2008 look like a picnic…. Buckle up kids it’s gonna be a bumpy ride.

usonian

(25,099 posts)
20. Disaster Since Day One
Mon Mar 3, 2025, 06:28 PM
Mar 2025
https://www.democraticunderground.com/111699331

Share with your maga buddies at the diner.
OVER SCRAMBLED CARDBOARD AND BACON.

Also, leave a FAFO flag, as a calling card.

As in “I’m calling you a sap for believing that jackal”

https://www.democraticunderground.com/100219770873

Botany

(77,254 posts)
21. He doesn't know what he's doing.
Mon Mar 3, 2025, 06:32 PM
Mar 2025

Surprise!

BTW watch him cancel the tariffs before they
go into effect tomorrow

 

Nulock

(39 posts)
22. Economy hasn't been "great" for the majority in this country for a long time.
Mon Mar 3, 2025, 06:39 PM
Mar 2025

It might of been "great" for the top 20%, but not so much for the rest. I get where you're coming from though. Trump, Musk, and the rest of the Trump regime along with Republican barbarians in Congress will make it much worse for most. The mindset from some that they are immune from it all will definitely be on the wane. And nobody should ever forget for a second that the ruling class economic pirates want to keep the masses distracted on a hundred different issues while they loot and strip this country clean.

Bluetus

(2,743 posts)
23. Unlike many transitions, there is zero question Biden turned over a VERY strong economy
Mon Mar 3, 2025, 06:54 PM
Mar 2025

There are often debates about just when the new administration can reasonably be held accountable. After all, the normal case is that they come in with moderate shifts in policy, and those may take 6 months to get into legislation, and another 6 months to show in real world data.

This is completely different. Trump is coming in with radical policies, immediately shutting down agencies and imposing big tariffs on our biggest trading partners. All those government agencies he is sabotaging put money into the economy. By tariff-mongering, this causes businesses to pre-stock, to get goods into inventory before the tariffs cut in. Individuals have been operating on a "wea;the effect" mentality for years given a sustained boom in the markets. But that is crashing. Just today, when Trump reiterated tariffs, the market immediately dropped 3%.

Experts are saying that car prices will jump 5-10% very quickly. That doesn't mean people will pay 10% more. It means they will stop buying cars. Building materials are going up with the tariffs on Canadian lumber, so housing starts will suffer.

All of this in 40 days. A Trump recession is not just a possibility, it is now looking highly likely. Fortunately the financial press is a lot more honest than the mainstream pop culture/politics (with Trump, politics IS pop culture and is reported as such). The financial people are serious because they are talking about real money. For example, here is Forbes talking very plainly about that Atlanta projection mentioned in the OP.

https://fortune.com/2025/03/01/us-economy-recession-outlook-q1-gdp-contraction-trump-tariffs-doge-job-cuts-consumer-spending-inflation/

Billionaires are propping Trump up. We;ll see how they change their tune with things start crashing.

Kablooie

(19,103 posts)
24. Many voted for Trump specifically because he would be better for the economy.
Mon Mar 3, 2025, 09:48 PM
Mar 2025

How'd that work out for ya?

Irish_Dem

(81,118 posts)
26. He knows exactly what he is doing and why.
Tue Mar 4, 2025, 12:38 PM
Mar 2025

He is doing it for Putin and for himself.
Trump is somehow making a great deal of money on crashing the US economy.

C_U_L8R

(49,351 posts)
27. It's going to be awkward at the podium tonight
Tue Mar 4, 2025, 12:38 PM
Mar 2025

(not that I'm going to watch) but what kind of bullshit is he going throw out as diversion to his economic fuckups?

Latest Discussions»General Discussion»He destroyed a Great econ...