Post Reports Is Trump leading us into a recession?
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Mar 10, 2025 Abha Bhattarai, an economics correspondent for The Washington Post, dives into the financial landscape under Trump's presidency. She analyzes the impacts of tariffs and government policies on inflation and consumer behavior. The conversation touches on GDP as a crucial economic indicator and its fluctuations that signify broader uncertainties. Bhattarai discusses the troubling trends in job growth and the stagnant market, revealing how families are adapting to rising living costs and the emotional toll of economic strain.
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Family Struggles with Inflation
- Marcy Brown, from Baton Rouge, is cutting back on expenses due to rising costs.
- Her family canceled subscriptions, increased work hours, and daughters opted to live at home.
Economic Impact of Trump's Policies
- President Trump's policies, including tariffs and federal cuts, are impacting the economy.
- He claims short-term economic disruption is necessary for long-term gains.
Economic Slowdown
- Despite inheriting a strong economy, signs of weakness are emerging due to uncertainty surrounding tariffs.
- Consumers and businesses hesitate on major purchases and investments.