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Trump tariffs 'will increase the unemployment rate to recessionary levels,' says economist

⁨150⁩ ⁨likes⁩

Submitted ⁨⁨5⁩ ⁨weeks⁩ ago⁩ by ⁨return2ozma@lemmy.world⁩ to ⁨aboringdystopia@lemmy.world⁩

https://www.cnbc.com/2025/04/08/trump-tariffs-job-market-impact-will-mostly-be-negative-economists-say.html

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Comments

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  • entwine413@lemm.ee ⁨5⁩ ⁨weeks⁩ ago

    That’s being pretty generous. I’m expecting Great Depression levels

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  • CosmicTurtle0@lemmy.dbzer0.com ⁨5⁩ ⁨weeks⁩ ago

    All so that billionaires can make a few more million dollars.

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    • Ilovethebomb@lemm.ee ⁨5⁩ ⁨weeks⁩ ago

      I’m not sure that will be the case, from what I’ve heard, it sounds like everyone will lose.

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      • Railcar8095@lemm.ee ⁨5⁩ ⁨weeks⁩ ago

        People will be forced to work for even cheaper and real state prices will drop.

        Some very rich will snatch that real state (AKA, houses) and will enjoy a massive return when they order Trump to stop shit-politicing.

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  • qprimed@lemmy.ml ⁨5⁩ ⁨weeks⁩ ago

    all this trump bullshit about “Make America Wealthy Again” contrasted with his actions and the very root of his popular support has not yet figured out that they are not the america he is talking about.

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  • Bloomcole@lemmy.world ⁨5⁩ ⁨weeks⁩ ago

    Image

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