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Is Trump’s Recession Fix Making Things Worse?
Is Trump’s Recession Fix Making Things Worse?
We’re officially at a 54% chance of a recession, and Donald Trump’s proposed solution? Well, it’s just making things messier.
As someone who deals with stock and finance every day, I’ve seen the markets take a beating. The stock market is getting hammered, and Trump’s reaction isn’t helping anyone.
Here’s the drama: Trump is demanding that Fed Chair Jerome Powell drop interest rates to fix the situation. But Powell is sticking to his guns, resisting Trump’s demands and publicly saying, “You caused this, buddy.”
Trump, of course, is doing what he does best—claiming that oil and grocery prices have dropped because of him. And, in true Trump fashion, he’s calling for Powell’s resignation
It’s a mess, people. While we’re all getting caught in this economic storm, it seems like the solution is just making the situation worse.