"America is spinning quickly in the direction of Hungarian populism, Hungarian politics, and Hungarian justice. But that means Hungarian stagnation, Hungarian corruption, and Hungarian poverty lie in our future too."

#Trump #economy #tariffs #recession #inflation #stagflation #StockMarket #TaxCuts #EconomicElites #Orbán #Hungary
/12

"In fact, annual average inflation in 2023 was more than 17 percent. In 2024, the government predicted 4 percent growth; the reality was 0.6 percent. Anyone who contradicts this messaging is unlikely to be widely heard."

#Trump #economy #tariffs #recession #inflation #stagflation #StockMarket #TaxCuts #EconomicElites #Orbán #Hungary
/11

"MAGA conservatives love Viktor Orbán. But he’s left his country corrupt, stagnant, and impoverished. ...

'Please trust us,' Orbán declared in his annual state-of-the-nation speech in early 2023. “You can bet on it: By the end of the year, we will have inflation in single digits'.”

~ Anne Applebaum

#Trump #economy #tariffs #recession #inflation #stagflation #StockMarket #TaxCuts #EconomicElites #Orbán #Hungary
/10

https://www.theatlantic.com/magazine/archive/2025/05/viktor-orban-hungary-maga-corruption/682111/?gift=hVZeG3M9DnxL4CekrWGK3x9sHVa0LDGR9gcTv0mlsRo&utm_source=copy-link&utm_medium=social&utm_campaign=share

"'The president has got a heck of a lot of analysis before him, and he's gonna make the right choice, I'm sure.'

The National Economic Council is the primary group the president uses to develop domestic and international economic policy, so the fact that Hassett appears to have no idea what’s coming is concerning."

#Trump #economy #tariffs #recession #inflation #stagflation #StockMarket #TaxCuts #EconomicElites
/9

"On the Fox News Channel this morning, Director of the National Economic Council Kevin Hassett said: 'President Trump has a long run vision of a golden age of America and we’re working really, really hard to get it out there in time. But I can't give you any forward-looking guidance on what's gonna happen this week.'"

~ Heather Cox Richardson

#Trump #economy #tariffs #recession #inflation #stagflation #StockMarket #TaxCuts #EconomicElites
/8

https://heathercoxrichardson.substack.com/p/march-30-2025

"The collapse is coming—and as [Canadian MP] Charlie [Angus] warned, it’s going to hit Americans first. Higher prices. Job losses. Isolation."

#Trump #economy #tariffs #recession #inflation #stagflation #StockMarket #TaxCuts #EconomicElites
/7

"Trump is a geopolitical Ponzi schemer, running a fraud on the American people and weakening our standing in the world. But he’s not just hurting Americans. He’s also making our allies reconsider everything, from intelligence-sharing to military procurement."

#Trump #economy #tariffs #recession #inflation #stagflation #StockMarket #TaxCuts #EconomicElites
/6

~ Ben Meiselas

https://www.meidasplus.com/p/canadian-mp-charlie-angus-on-why

"Where are we headed? A recent survey of corporate chief financial officers finds 60 percent of them agreeing that we’re headed for a recession this year. Is anyone surprised? This is what Republicans do. They screw up the economy. Later down the line, Democrats get elected and have to fix everything."

~ Michael Tomasky

#Trump #economy #tariffs #recession #inflation #stagflation #StockMarket #TaxCuts #EconomicElites
/5

https://newrepublic.com/article/193360/trump-tank-economy-liberation-tariffs

"President Donald Trump is pushing the economy to a breaking point with sweeping tariffs and rapid cuts to immigration and the federal workforce. There is growing fear of not just a recession but stagflation, a frightful situation — not seen in the United States since the 1970s — in which the economy contracts and people lose jobs but prices remain high.

This is a self-inflicted wound from Trump."

~ Heather Long

#Trump #economy #tariffs #inflation #stagflation
/4

https://www.washingtonpost.com/opinions/2025/03/31/trump-stagflation-recession-tariffs/