Summary

President Joe Biden touted his administration’s economic recovery efforts, citing job growth, reduced inflation, and infrastructure investments, as he prepares to hand off a strong economy to Donald Trump.

Biden criticized Trump’s proposed steep tariffs on imports, warning they could harm the economy and reintroduce inflation.

Trump plans tariffs against China, Mexico, and Canada, raising concerns about trade disruptions similar to those seen during his first term.

Economists caution that such policies could quickly reverse recent economic gains and weaken the U.S. economy.

  • MacN'Cheezus@lemmy.today
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    10 days ago

    The problem with that thought experiment is that different people have different ideas about what “slowing it down” means. One man’s poison is another man’s medicine.

    There’s nothing good or bad, but thinking makes it so.

    • LifeInMultipleChoice@lemmy.world
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      9 days ago

      It’s not a thought experiment, it’s reality. Every world leader knows it. The oil companies know it, the coal companies know it, the car companies know it, the overseas shipping companies know it, the agricultural companies know it, the billionaires know it, and they use their money to contort media outlets and information pushed to the population for manipulation. To line their pockets in the thought that either

      a. I’ll be dead, the fuck do I care

      b. Maybe someone in the future can find a way to undo the deeds I did in time, but not my problem.

      It’s life in multiple choice my friend, and humanity is straight fucked in their hands

      (The choice is the same)

      • MacN'Cheezus@lemmy.today
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        9 days ago

        What I’m trying to tell you is that literally each and everyone of them firmly believe(s/d) that what they’re doing is the right thing and absolutely necessary for the future of the country, and that their predecessor was a liar and a crook. They wouldn’t make it halfway to the Oval Office without that conviction. You may disagree, and that’s your God given right, but I’m afraid that’s just how democracy works.