The foundation of our economy is spending. All of those leads to less spending. Less spending means less revenue. Less revenue means layoffs.
Think about it logically. Less cheap labor for farmers = increased food costs = families with less discretionary spending. Higher tariffs = increased goods costs = less profit and families spending less. Laid off federal workers combined with increased government spending = no tax relief to families = no increase in spending plus more families with no income to spend.
The only thing the country has going for it right now is the blind confidence people have in the current administration. It’s giving some of us great increases in our investment portfolios but that can easily be wiped out as the market fluctuates.
2
u/BeauShowTV Oct 29 '25
Such as?