3 ms·
> It looked like we were getting a downturn of some sort this year no matter what the government did anyway just based off the debt term structure. Who was pre
by throw0101d 1y ago
> It looked like we were getting a downturn of some sort this year no matter what the government did anyway just based off the debt term structure.
Who was predicting a downturn in 2025? What predictions of a downturn were being published in December 2024?
The fact of the matter is is that the numbers at the 2024 were looking great:
> Trump hammered the administration for creating an “economic catastrophe,” but some of his favorite gauges for assessing economic performance have been humming.
* https://www.politico.com/news/2024/11/15/biden-economy-donald-trump-rebrand-00189731 https://www.politico.com/news/2024/11/15/biden-economy-donal...
And the only predictions of a downturn in 2025 was if Trump made good on his threats of tariffs:
* https://chamber.ca/news/trumps-25-tariff-threat-new-analysis-reveals-severe-economic-fallout-for-both-canada-and-the-u-s/ https://chamber.ca/news/trumps-25-tariff-threat-new-analysis...
So you voted for tariffs by voting for Trump, and by voting for tariffs you voted for economic instability. There was nothing in the pre-Trump policies and economic thinking that would have caused an economic downturn.
Further, you voted for the gutting and privatization government functions:
* https://en.wikipedia.org/wiki/Project_2025 https://en.wikipedia.org/wiki/Project_2025