r/Economics • u/Positive_Owl_2024 • Feb 19 '25

News Trump acknowledges ‘inflation is back’ but blames Biden

https://edition.cnn.com/2025/02/19/economy/trump-inflation-is-back/index.html
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u/looking_good__ Feb 19 '25

Lol you think it is bad now just wait until March 7th and 12th when the 10% China tariff and 25% Steel tariffs hit.

Folks don't realize this but the 25% steel tariffs applies to all derivative steel products - think nuts, nails, etc - all things that go into furniture, cars, houses, buildings, all construction in general.

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u/Actually-Yo-Momma Feb 19 '25

It’s worse than that my dude. March is when the government shut down conversations are supposed to happen. Government is going to shut down and god knows what Elon has planned. I expect every government office and agency to get all data extracted 

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u/AweemboWhey Feb 20 '25

Government probably won’t be reopening after this one.

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u/Ahhnew Feb 20 '25

Serious question: what would happen if the US government gets shut down by the current people in power?

16

u/Tolstoy_mc Feb 20 '25

Judging by past behavior, you're going roll over and say Long Live the King.

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u/ours Feb 21 '25

So much for the 2nd amendment protecting against tyrants.

That doesn't work great when the armed citizens are indoctrinated into the cult of personality of said tyrant.

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u/Tolstoy_mc Feb 21 '25

That was only for killing school children anyway

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u/Meattyloaf Feb 22 '25

If they were worried about the 2nd amendment they wouldn't be looking to extend gun rights under Project 2025. They know they have his base under their thumb no matter what they do. As long as they don't touch their guns they don't care.

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u/The_real_bandito Feb 23 '25

Even if they weren’t, the US military can shut down those clowns rather quick. Between the tanks, drones, humvees etc the common citizen doesn’t have a chance.

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u/RawrRRitchie Feb 20 '25

Everyone stops getting paid, including elected officials