Economic report offers sobering forecast for Hawaii amid federal shakeup | Honolulu Star-Advertiser
- The U.S. Economy is at risk of recession influenced by President Trump's immigration agenda and trade policies, according to economist Harry Dent.
- Harry Dent noted that removing millions of workers from the labor force could reduce GDP by 1 to 1.5%.
- White House spokesman Kush Desai attributed the economic challenges to policies under President Biden, claiming that illegal migration incurs significant financial costs.
- Dent predicted that a recession could occur as soon as 2025 if current economic conditions persist.
11 Articles
11 Articles
Top economist tells Congress Trump-Musk policies risk increased inflation and recession
WASHINGTON—The economic policies of right-wing Republican President Donald Trump, the congressional Republican majority and their politicians’ corporate and ideological backers risk both higher inflation and a recession, says Heidi Shierholz, president of the labor-backed Economic Policy Institu...
Economic report offers sobering forecast for Hawaii amid federal shakeup | Honolulu Star-Advertiser
The 2025 first-quarter economic forecast by the University of Hawaii Economic Research Organization paints a somber outlook of the state economy, warning of the potential for a recession depending on how policy shake-ups by President Donald Trump and his new administration ultimately take shape.
Economist who predicted biggest crash of our lifetime warns Trump could be blamed for next US recession
The U.S. economy is at risk of tumbling into recession if President Donald Trump’s immigration agenda takes its most disruptive path, according to one of America’s most outspoken economists. "It's fine to say, well, we should have less illegal immigrants, but to ship people back that are already here in the workforce, contribute to the economy and think it's not going to be felt, it will be," Harry Dent, who previously predicted the biggest cras…
'Temporary pain': Fox guest says recession may be looming — but Americans will be better off
President Donald Trump's policies are already having a negative effect on the economy and one analyst believes a recession could be around the corner if downward trends in financial markets and employment continue.However, one guest on Fox Business host Charles Payne's "Making Money" insisted in a Wednesday segment that even if an economic crash happens on Trump's watch, Americans will be better off in the long run. The Independent's Charles Bar…
Trump Took Over Biden’s Stable Economic Growth And Easing Inflation— And He’s Already Upended That
Are You Personally Prepared For The Trump-Musk Recession? Yesterday CNBC reported that “An ominous measure that the Federal Reserve considers a near surefire recession signal again has reared its head in the bond market. The 10-year Treasury yield passed below that of the 3-month note in trading Wednesday. In market lingo, that’s known as an ‘inverted yield curve,’ and it’s had a sterling prediction record over a 12- to 18-month timeframe for do…
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