5 Reasons Why Donald Trump Is Wrecking The Global Economy
Here are 5 reasons why Donald Trump is wrecking the global economy. The US has ruled the roost economically since WW2 and detrimental things that happen there negatively impact upon the world economy too. More than a million jobs have been lost in the US since Trump took over at the beginning of 2025. The labour market has been hit hard from tariffs and DOGE cuts shedding jobs. Things are in the doldrums in America and stagflation may well be on the horizon. Messing with the economy, as the Trump regime has, is having multiple effects.
List Of Five Reasons Why Trump Is F****** The Economy
- More Than A Million Jobs Have Been Lost
- Stagflation From Tariffs Is Coming
- Slashing Benefits To The Poor Like SNAP
- ICE Removing Essential Labourers
- Billionaires Eat First In America
Inflation Back Under Trump
Inflation was just about back in the box under the Biden administration but imposing the heaviest tariff regime, ever, and since the 1930s is massively inflationary. We have not seen the worst of it yet, as it takes a bit to flow into the economy. Tariffs depress the economy because prices for everything go up. This means retail and manufacturing staff being laid off. Higher prices hits the working poor harder than anyone else. 5 reasons why Donald Trump is wrecking the global economy.
“Top economists say Trump’s policies will hit Australian economic growth and push up inflation and interest rates in the US
The incoming Trump administration’s program will further harm already-weak economic growth in Australia while sparking a resurgence of inflation in the US that will ultimately be curbed by higher interest rates according to a survey of 39 experts conducted by the Economic Society of Australia.”
Trump Taking Away SNAP Benefits From The Poor
At the same time, the Trump regime is slashing benefits and health cover for the poorer Americans. SNAP and Obamacare are being taken away from millions of Americans who really need them. Simultaneously, Trump has given billionaires big tax cuts. Only in America, would people be so dumb to elect a billionaire and expect that he would look after their interests. Stupid is as stupid does. Donald Trump is a proven liar and convicted felon. What were 76 million American’s thinking when they voted for Trump!!!
“In his second term Donald Trump has torn up not just trade rules but the machinery of economic measurement. After lashing out at weak job figures, he sacked the head of the Bureau of Labour Statistics in August, unsettling markets. A month-long government shutdown has since paused nearly all official data releases, leaving policymakers “driving in the fog”, as Jerome Powell, chair of the Federal Reserve, put it.”
Armed Troops In American Cities Under Donald Trump
Trump and ICE are putting armed and masked troops and thugs in the streets of their biggest cities. Echoes of Adolf Hitler are very loud right now. The military should not be policing American citizens, as it goes against the Constitution. ICE arresting and deporting all these brown skinned itinerant workers is damaging the economy, as well as destroying people’s lives. Once you have troops in the streets it is very hard to get rid of them. 5 reasons why Donald Trump is wrecking the global economy.
Billionaires Eat First
Billionaires and oligarchs are doing real well under Trump. These guys have rigged the system and manipulated capitalism to remove competition. Without competition the free market doesn’t work, as it should. This is economics 101. They are eating the middle class and turning us all into the working poor. Billionaires mean that something is wrong with the economic system. Billionaires eat first!
War Crimes In Venezuela
“The Trump regime is attacking boats from Venezuela, blowing them up in international waters. Why this focus on a South American nation? Venezuela has the world’s largest oil reserves. The US has a great tradition of going after countries with lots of oil and administrations that don’t bend over backwards for them. Donald Trump is a firm believer in fossil fuels. His administration has already reversed much of the good work that was done under Joe Biden, when it came to renewables and the transition away from climate damaging fossil fuels. Trump is the ultimate head in the sand guy, when it comes to global warming.”
Robert Sudha Hamilton is the author of What Price Life?; America Matters: Pre-apocalyptic Posts & Essays in the Shadow of Trump; and other titles. NOW AVAILABLE AT APPLE BOOKS & GOOGLE PLAY BOOKS. Google Play Books AUDIOBOOK
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