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#TrumpRecession

4 posts4 participants0 posts today

Democrats should be screaming from the rooftops . #housingcrisis . As Traitor Trump Reshapes Housing Policy, Renters Face Rollback of Rights
#TrumpRecession
With Trump's Nazi Regime's deregulation, legal aid groups are worried about cuts to federal rental assistance and fair housing enforcement, especially for immigrant tenants.  classhttps://www.bloomberg.com/news/articles/2025-05-08/as-trump-reshapes-housing-policy-renters-face-a-rollback-of-rights?srnd=phx-citylab

The manager of the Port of Los Angeles - the busiest container port in the Western Hemisphere - says that by next week there will be a 35% decrease in shipments through that port due directly to Trump's tariffs. Approximately 31% of everything the U.S. imported or exported in containers over the water in 2024 came through LA. #trumptariffs #trumprecession

youtu.be/WGZ2VAEgtP4?si=Oa2iEE

“Covid gave us an insight of what happens when the cargo stops. We certainly don’t want to repeat that scenario again."

Ports of LA, Long Beach already seeing 44% drop in docked vessels – NBC Los Angeles nbclosangeles.com/news/local/p

NBC Southern California · Ports of LA, Long Beach already seeing 44% drop in docked vesselsBy Mekahlo Medina, Helen Jeong

"One number from the #GDP report embodies this impact: The trade balance took a huge dive in Q1, subtracting 4.8 percentage points from the growth rate. In a data series that goes all the way back to 1947, we’ve never seen a larger negative impact from trade in one quarter....future quarters could come in even weaker."

MSNBC msnbc.com/opinion/msnbc-opinio
#TrumpRecession

MSNBC · The real lesson of Trump's trade war is in today's disappointing GDP reportBy Jared Bernstein

“Trump’s administration does parallel FDR’s in an odd way. Trump set out in his first hundred days to undo the government FDR established in his first hundred days. ... Instead, he is trying to recreate the nation of more than 100 years ago, in which the role of government was to protect the wealthy and enable them to make money from the country’s resources and its people.”

#Politics #USPolitics #Trump100Days #TrumpRecession #Project2025 #LettersFromAnAmerican

heathercoxrichardson.substack.

Letters from an American · April 29, 2025By Heather Cox Richardson