Even here in red state territory that seems to be the general vibe.
(The recession started in March, well before 9/11, but the attempt to encourage shopping to deal with the perceived problem was a post-9/11 thing.)
The Bush recession is often perceived as longer and deeper than it was because of the poor distribution of gains (in part due to the tax burden shift of the Bush tax cuts) of the expansion that started in late 2001 and ended with the Great Recession.
Is this because of retaliatory tarrifs or is the US taxing services as part of the tarrifs? Would setting up a subsidiary help work around this?
That's incorrect.
https://www.barrons.com/articles/sp-500-liberation-day-recor...
2. Compared to a bunch of useless CEOs, that's not much for a leading role in one of the most important projects on the planet.
If LWN is worth $16 a month, and it is, then so is The Atlantic, ProPublica, etc. We collectively need to make a habit of financially supporting actual journalism and doing so loudly.
nu11ptr•9mo ago
abnercoimbre•9mo ago
leephillips•9mo ago
mrweasel•9mo ago
Given the uncertainty the Trump administration has generated, I think a recession could be a self-fulfilling prophesy. Technically the economy might be strong enough, but we don't know Trumps long term plans, or even his plans for next week, so precautionary spending restrictions may end up triggering a recession of sorts.
There are so many project and organisations, similar to LWN, that I want to support, but it adds up quickly if you're not careful.
mongol•9mo ago