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Trump is destroying the economy

Featured Replies

There were already so many problems created by the whipsaw effect of Trump's tariffs, and his constant threats of more and more tariffs, which amounted to taxation on the American consumer. Higher prices, more inflation. The exact opposite of what Trump promised during his campaign. So much chaos accompanied by so little progress. And nothing to show for it in the way of promised manufacturing jobs returning to America.

But now due to this ridiculous war, (the dumb one with no end game in sight) prices are escalating dramatically due to a hike in oil prices, combined with increased problems with shipping. This is disrupting everything from air travel, to home energy prices, to groceries at the market. Though Don promised to protect the Strait of Hormuz, he now realizes that the US Navy is incapable of fulfilling such a promise. So it's just another of hundreds upon hundreds of broken promises so far in 14 short months. Shall we call him the Inflation Don?

Not everything was as rosy as the White House had claimed before the war in Iran began. The first year of Mr. Trump’s second term touched off a period of immense disruption, particularly in the labor market, which saw new job cuts as businesses grappled with the twin shocks of a trade war and new technology.

But those weaknesses have hardly abated as Mr. Trump forges ahead with what he frequently describes as a “short-term excursion” in Iran. Speaking at a political rally in Hebron, Ky., on Thursday, the president barely acknowledged the growing pain at the pump, as he proclaimed his economic agenda to be an unfettered success.

“Inflation is plummeting, incomes are rising, the economy is roaring back and America is respected again,” he said.

Easy stuff for the billionaire class to say. When was the last time he filled up his own vehicle with gas? When was the last time he paid for a jet to fly down to Mar a Lago?

Olu Sonola, the head of U.S. economic research at Fitch Ratings, said in an analysis on Friday that the inflation report, in particular, painted a picture of the economy in which prices were heating up and consumers were “losing steam.” But all of the data was collected before Mr. Trump began his war with Iran, which Mr. Sonola said had threatened to “squeeze” households even further, putting future growth at risk.

By the end of trading on Friday, global oil futures had reached $103 a barrel, having only briefly and barely budged after the United States joined other countries in releasing fuel from their reserves earlier in the week.

https://www.nytimes.com/2026/03/14/business/economy/trump-economic-boom-iran-war.html?smid=nytcore-android-share

2 minutes ago, spidermike007 said:

There were already so many problems created by the whipsaw effect of Trump's tariffs, and his constant threats of more and more tariffs, which amounted to taxation on the American consumer. Higher prices, more inflation. The exact opposite of what Trump promised during his campaign. So much chaos accompanied by so little progress. And nothing to show for it in the way of promised manufacturing jobs returning to America.

But now due to this ridiculous war, (the dumb one with no end game in sight) prices are escalating dramatically due to a hike in oil prices, combined with increased problems with shipping. Though Don promised to protect the Strait of Hormuz, he now realizes that the US Navy is incapable of fulfilling such a promise. So it's just another of hundreds upon hundreds of broken promises so far in 14 short months. Shall we call him the Inflation Don?

Not everything was as rosy as the White House had claimed before the war in Iran began. The first year of Mr. Trump’s second term touched off a period of immense disruption, particularly in the labor market, which saw new job cuts as businesses grappled with the twin shocks of a trade war and new technology.

But those weaknesses have hardly abated as Mr. Trump forges ahead with what he frequently describes as a “short-term excursion” in Iran. Speaking at a political rally in Hebron, Ky., on Thursday, the president barely acknowledged the growing pain at the pump, as he proclaimed his economic agenda to be an unfettered success.

“Inflation is plummeting, incomes are rising, the economy is roaring back and America is respected again,” he said.

Easy stuff for the billionaire class to say. When was the last time he filled up his own vehicle with gas? When was the last time he paid for a jet to fly down to Mar a Lago?

Olu Sonola, the head of U.S. economic research at Fitch Ratings, said in an analysis on Friday that the inflation report, in particular, painted a picture of the economy in which prices were heating up and consumers were “losing steam.” But all of the data was collected before Mr. Trump began his war with Iran, which Mr. Sonola said had threatened to “squeeze” households even further, putting future growth at risk.

By the end of trading on Friday, global oil futures had reached $103 a barrel, having only briefly and barely budged after the United States joined other countries in releasing fuel from their reserves earlier in the week.

https://www.nytimes.com/2026/03/14/business/economy/trump-economic-boom-iran-war.html?smid=nytcore-android-share

My Diesel price has gone up from 145 per litre to 260 AUD.

  • Author
8 minutes ago, still kicking said:

My Diesel price has gone up from 145 per litre to 260 AUD.

Let's call it the worldwide Trump tax.

38 minutes ago, spidermike007 said:

Let's call it the worldwide Trump tax.

I wonder how many of the $$ Obama airlifted the mad mullahs ended up bring spent on developing the nuke program(which Trump blew to smithereens).

I also wonder if sending the nutters BILLIONS of $$ was so cool, then why the dickens was it censored on here for years and falsely called a "conspiracy theory"?

I would have rathered Trump deported any Iranian and we just forgot about the entire region, but Trump does have a perfect record of being on the right side of issues, while the irrational hate cult have been wrong about everything, so Ill just sit on the fence and watch it all play out.

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