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   Nonilex (nonilex@masto.ai)'s status on Sunday, 03-Aug-2025 03:49:20 JST Nonilex

   It's #Trump's #economy now. The latest #financial numbers offer some warning signs

   For all of Trump’s promises of an economic “golden age,” a spate of weak indicators this week told a potentially worrisome story as the impacts of his policies are coming into focus.

   #Jobs are dwindling. #Inflation is ticking upward. #Growth has slowed compared with last year.

   #recession #idiocracy #chaos #instability
   https://apnews.com/article/trump-economy-warning-signs-financial-numbers-6f9754dbb6b21c9ef5c557b1ebfe6ce9?utm_source=onesignal&utm_medium=push&utm_campaign=2025-08-02-Economic+shifts+ahead

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     Nonilex (nonilex@masto.ai)'s status on Sunday, 03-Aug-2025 03:49:19 JST Nonilex

     in reply to

     >6 months into his term, #Trump’s blitz of #tariff hikes & his new #tax & #spending bill have remodeled the #US #trading, #manufacturing, #energy & tax systems to his own liking. He’s eager to take credit for any wins that might occur & is hunting for someone else to blame if the #financial situation starts to totter.

     #economy #Inflation #unemployment #recession #idiocracy #chaos #instability

     Steve's Place repeated this.
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     Nonilex (nonilex@masto.ai)'s status on Sunday, 03-Aug-2025 03:49:19 JST Nonilex

     in reply to

     But as of now, this is not the boom #Trump promised, & his ability to blame his Democratic predecessor, Joe #Biden, for any economic challenges has faded as the world #economy hangs on his every [erratic] word & social media post [rant].

     When Friday’s #jobs report turned out to be decidedly bleak, Trump ignored the warnings in the data & fired the head of the agency that produces the monthly jobs figures.

     #Inflation #unemployment #recession #idiocracy #chaos #instability