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   🎓 Doc Freemo :jpf: 🇳🇱 (freemo@qoto.org)'s status on Wednesday, 26-Mar-2025 04:13:05 JST 🎓 Doc Freemo :jpf: 🇳🇱

   in reply to

   • Kim Perales

   @KimPerales Privatizing the govt is a great idea in principle, far less waste.. But when you do it trumps way, which equates to privatizing it with your own companies and your friends companies, not so much. As always Trump hints on things that may not be a bad idea in some aspect but with horrifically harmful execution.

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     Kim Perales (kimperales@toad.social)'s status on Wednesday, 26-Mar-2025 04:13:06 JST Kim Perales

     Trump is destroying the economy to privatize the fed govt.

     "The Conf Board's consumer confidence index dropped in Mar to -lowest level since Jan 2021. Trump's pres.: Americans as pessimistic as they were during: Covid crisis. Consumer inflation expectations⬆️6.2% in Mar.

     Before Trump took office, the US economy was surging ahead of Europe’s. Trump’s managed to reverse that trend."
     -S Ratnner

     #Economy➡️weakens at the same time inflation rises➡️#stagflation #recession: soon.
     #Privatization #USPol