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News Link • Economy - Recession-Depression

They Are Accusing Trump Of "Manufacturing" A Recession, But What Is Really Going On?

• The Economic Collapse Blog - Michale Snyder

During the four years of the Biden administration those same voices insisted that there was no "recession" on the horizon even though homelessness was setting record high after record high, demand at food banks surged to levels never seen before, inflation was out of control, home sales plunged to extremely depressed levels, stores and restaurants were closing all over the nation and debt levels were breaking records.  Let's be real.  The U.S. economy has been on a downward trajectory for a long time, and that downward trajectory got even steeper in the final stages of the Biden administration.  But now we are being told that the economic problems that we are experiencing are happening because  Donald Trump is "manufacturing" a recession

CNBC host Jim Cramer went off on President Donald Trump for fueling recession fears and cratering the stock market, noting competitor markets are "crushing us" and accusing Trump of potentially "manufacturing" a recession — or worse.

Really?

Trump has been in office less than 60 days.  He simply has not had much of an opportunity to have much of an impact on the economy yet.


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