This is sobering, but worth reading if you want to understand how badly Trump is destroying the economy. Just data. And entirely Trump-inflicted. https://www.apolloacademy.com/wp-content/uploads/2025/04/042625-ConsumerandFirms_v2.pdf
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Sean Casten (seancasten@mastodon.social)'s status on Tuesday, 29-Apr-2025 05:01:57 JST Sean Casten
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Sean Casten (seancasten@mastodon.social)'s status on Tuesday, 29-Apr-2025 05:02:02 JST Sean Casten
5/ Europeans are deciding not to vacation in the US.
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Sean Casten (seancasten@mastodon.social)'s status on Tuesday, 29-Apr-2025 05:02:02 JST Sean Casten
6/ More Americans are maxing out their credit cards and entering default.
Steve's Place repeated this. -
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Sean Casten (seancasten@mastodon.social)'s status on Tuesday, 29-Apr-2025 05:02:02 JST Sean Casten
7/ And finally, this is all a choice. We don't have to have this happen. But Trump has chosen to tank the US economy. He did this. Insert your own expletives. He deserves all your rage. /fin
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Sean Casten (seancasten@mastodon.social)'s status on Tuesday, 29-Apr-2025 05:02:03 JST Sean Casten
2/ CEOs, who will make recommendations on whether to invest are souring on the US economy.
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Sean Casten (seancasten@mastodon.social)'s status on Tuesday, 29-Apr-2025 05:02:03 JST Sean Casten
3/ People who depend on Chinese supply chains are slowing down their purchases.
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Sean Casten (seancasten@mastodon.social)'s status on Tuesday, 29-Apr-2025 05:02:03 JST Sean Casten
4/ US consumers are increasingly worried they're going to get laid off (thanks to Trump.)
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Sean Casten (seancasten@mastodon.social)'s status on Tuesday, 29-Apr-2025 05:02:04 JST Sean Casten
A few select slides. 1/ Trump did this.
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