US EditionEconomists Start to Worry About a Trump Recession
- The potential job losses from the Trump Administration's layoffs could reach 200,000, as reported by the Washington Post and Newsweek.
- Jasmine Crockett stated that public sector layoffs could negatively affect the private sector and warned of a possible recession.
- Economist Jesse Rothstein predicts that layoffs and contract pullbacks may lead to a deep recession, according to Salon's Daria Solovieva.
- Ira Kalish claims that unless there are dramatic policy changes, he does not foresee a recession in the near future.
4 Articles
4 Articles
All Hail the Great Trump Recession
The markets gave a strong signal yesterday that the U.S. is headed to recession. Having inherited a strong economy only a month ago, Trump has done a fantastic job of destroying a powerful economy. The signal for a recession is something called an...
Economists Start to Worry About a Trump Recession
“Donald Trump’s assault on the U.S. federal government and the world’s interlinked manufacturing system have together reached an economic tipping point,” the Telegraph reports. Said economist Jesse Rothstein: “It seems almost unavoidable that we are headed for a deep, deep recession.” “Once the pace of job losses crosses a critical line, the multiplier effects can snowball suddenly.”
Experts fear Trump’s mass layoffs will trigger 'deep, deep recession'
The total number of federal government workers who will lose their jobs because of mass layoffs being pushed by the second Trump Administration and the Elon Musk-led Department of Government Efficiency (DOGE) remains to be seen. But according to reporting from the Washington Post and Newsweek, the n...
Economists fear Trump’s mass layoffs will trigger 'deep, deep recession'
The total number of federal government workers who will lose their jobs because of mass layoffs being pushed by the second Trump Administration and the Elon Musk-led Department of Government Efficiency (DOGE) remains to be seen. But according to reporting from the Washington Post and Newsweek, the number could be as high as 200,000.In an article published on February 22, Salon's Daria Solovieva examines the layoffs' possible economic impact. And…
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