Looks like Apollo is calling a recession for Summer 2025. The Trump crew is already trying to blame Biden, but that's 100% horseshit. From what I gather this is unlikely to be reversible so brace yourself in whichever ways you can. There are suggestions this one may be worse than 2008.

https://www.apolloacademy.com/wp-content/uploads/2025/04/042625-ConsumerandFirms_v2.pdf (see page 4 for a summary of the timeline + expectation)

#USPol #USEconomy #recession #GreatRecession
bhaugen boosted
"Trump voters are starting to turn on him because they took him seriously when he said he would lower costs and didn’t take him seriously when he said he’d act like a dictator. And now they are realizing the opposite is true."

~ Senator Chris Murphy

#Trump #tariffs #economy #recession#StockMarket #polls #immigrants
/11

https://www.reddit.com/r/MeidasTouch/comments/1k8hwjb/trump_voters_are_starting_to_turn_on_him_because/

"Trump voters are starting to turn on him because they took him seriously when he said he would lower costs and didn’t take him seriously when he said he’d act like a dictator. And now they are realizing the opposite is true."

~ Senator Chris Murphy

#Trump #tariffs #economy #recession#StockMarket #polls #immigrants
/11

https://www.reddit.com/r/MeidasTouch/comments/1k8hwjb/trump_voters_are_starting_to_turn_on_him_because/

"Trump’s 41% approval rating is the lowest for any newly elected president at 100 days dating back at least to Dwight Eisenhower – including Trump’s own first term."

~ Jennifer Agiesta and Ariel Edwards-Levy

If he could just find a nice church pew somewhere where he could chew gum and slumber. But we mustn't forget the business, tech, and media elites who inflicted him on us.

#Trump #tariffs #economy #recession#StockMarket #polls #immigrants
/12

https://www.cnn.com/2025/04/27/politics/approval-rating-trump-100-days/index.html

"The early reviews are in: Trump 2 is a box office disaster.

Trump has now matched his own record as the only president in modern history to post net negative approval ratings just 100 days into a term."

~ Taegan Goddard

#Trump #tariffs #economy #recession#StockMarket #polls #immigrants
/9

https://politicalwire.com/2025/04/27/an-unpopular-president-is-a-weak-president/

"He then called out the NY Times, Washington Post and Fox News by name and demanding they be 'investigated for ELECTION FRAUD' for these polls. (Trump left out the other recent polls that show the same horrible approval numbers such as Pew, Reuters, CBS and The Economist.) He added for bad measure that the media is 'ENEMY OF THE PEOPLE.'”

#Trump #tariffs #economy #recession#StockMarket #polls #immigrants
/7

"All of this actually [i.e., Trump's appalling poll performance] matters. And Trump—despite his obvious cognitive slide—gets it as well. That is why Monday morning he slammed the polls on social media as 'FAKE POLLS FROM FAKE NEWS ORGANIZATIONS.'”

~ Dean Obeidallah

#Trump #tariffs #economy #recession#StockMarket #polls #immigrants
/6

https://deanobeidallah.substack.com/p/trumps-collapsing-poll-numbers-matterwhich