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Tariffs likely to cause higher inflation and slower growth, Powell warns

“While uncertainty remains elevated, it is now becoming clear that the tariff increases will be significantly larger than expected. The same is likely to be true of the economic effects, which will include higher inflation and slower growth.”

— Federal Reserve Chair Jerome H. Powell
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Wait, DJT is making inflation higher?
@SomeMichGuy Just one of the “many” ways that he’s making America great again!
Wow! Thanks for helping me to understand just how we are


@KunsanVeteran !
@SomeMichGuy We know that we’re in trouble when we start to understand how tRUMP thinks!
Captain · 61-69, M
@SomeMichGuy Yeah odd isnt it ?
Captain · 61-69, M
@KunsanVeteran I love this sarcasm - you're all catching on now. I've figured out why. Its the tune of the depressed isnt it.
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Captain · 61-69, M
@KunsanVeteran I love that ! How does he think ? In very small words I guess.
Captain · 61-69, M
@SomeMichGuy You get what you vote for. I dread ro think what hes going to do with abortion law !
@Captain Well, he achieved that by being allowed to stack the Supreme Court; that was a done deal when the Court returned the issue to the states.

Oh, and many of us did NOT vote for him.
Captain · 61-69, M
@SomeMichGuy OK well sorry to be a bit harsh but if you had a vote and you didnt use it.....
@Captain Oh, yes, those who sat on the sidelines definitely helped this to happen.

That's why those staying home as a "protest" non-vote in close elections actually ARE voting.

And if they couldn't see how this was going to go, then they definitely weren't paying attention to what DJT did before and what he promised to do this time.
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Captain · 61-69, M
@SomeMichGuy Id vote for Thatcher over him or even Liz Truss
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Captain · 61-69, M
@SomeMichGuy LOL a bridge truss !!
@Captain Yes.
@Captain He doesn’t think. He listens to the imaginary voices in his head.

Dementia and delusions—that’s all that’s in that otherwise empty head.