this post was submitted on 08 Nov 2024
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politics

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[–] xmunk@sh.itjust.works 6 points 1 week ago (1 children)

Actually, to be quite honest... we've been looking at a pretty much inevitable recession in 2025 for about nine months now.

The slight upside is that this will happen in the onset of Trump's term and likely lead to widespread discontent instead of hitting a Harris administration right out the gate.

For poetic justice this whole cycle of greed-flation into recession seems to have been mostly triggered by Trump royally fucking up his pandemic response on the first place.

[–] Kalothar@lemmy.ca 10 points 1 week ago (2 children)

It’ll just be blamed on the Harris administration, there will be some type of propping up of the economy to give Trump an upswing and then another event will happen and it’ll be the new reason it’s not trumps fault

“Oh we see Germany gearing up their military, and you know what that means WWII, we have to fund new military programs it or we will all die….the economy is gonna take a hit, but we are patriots America”

[–] xmunk@sh.itjust.works 6 points 1 week ago

It's funny, economic issues early into a presidential term should almost always logically be blamed on the last guy but for some reason that never fucking happens - the people feeling pain during economic stress always blame the new guy.

[–] fluxion@lemmy.world 3 points 1 week ago

None of that will matter if things are still shit when it's time to vote. Just like with Dems in 2024.. we had every reason to blame inflation on COVID and Trump's horrible response but many people just decide by looking at their grocery bill a couple days before heading to the polls.