“He’s taking a sledgehammer to the economy and pursuing unpopular, reckless trade policies that will do nothing to benefit workers and only serve to increase costs for consumers,” warned one expert. After U.S. President Donald Trump announced long-anticipated sweeping tariffs at the White House Rose Garden on Wednesday, economists, labor leaders, American lawmakers, and other critics reiterated […]
“Unfortunately tossing a scarf over the GDP numbers doesn’t change the fact that their policies have us careening toward a downturn.” All signs are pointing to a coming recession as U.S. President Donald Trump imposes tariffs on close trading partners, oversees mass firings of civil servants, and pushes for cuts to public services—but by firing economists, advisers, […]
“If you think back at the last economic crashes… the rich were able to buy up assets on the cheap and emerged even wealthier and more powerful than before,” noted one progressive commentator. Are U.S. President Donald Trump, top adviser Elon Musk, and allied oligarchs deliberately trying to tank the economy in order to line their own […]
“Instead of trying to lower the cost of living, he’s doubling down on his plans to give massive tax breaks to billionaires and giant corporations,” said one Trump critic. As the U.S. Department of Labor released its monthly consumer price index report on Wednesday, President Donald Trump’s new tariffs for steel and aluminum imports took effect, highlighting his threat […]