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Bernardo de La Paz

(60,320 posts)
1. Cutting jobs / spending to the poor (aged, disabled, children) has immediate impact on economy
Tue Mar 11, 2025, 08:30 AM
Mar 2025

Families that are living paycheck to paycheck have little or no discretionary spending to cut back on. They immediately have to "tighten their belts" even more and that means fewer goods: a little less food, a little less clothing, make do longer with what they have, wait another year to replace the fridge.

Cutting jobs also has an immediate impact.

Any beneficial effects from tariffs are years away from having the same degree of impact. Factories take a long time to build.

Thus expect TrumPain to last a year minimum and maybe his whole term, however abbreviated it might turn out to be or not.

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