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Economist Warns That Elon Musk Is About to Cause a "Deep, Deep Recession" (lemmy.blahaj.zone)
submitted 2 days ago by florencia@lemmy.blahaj.zone to c/whitepeopletwitter@sh.itjust.works
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Source: https://bsky.app/profile/jrothst.bsky.social/post/3liin7up3ck2z

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[-] RowRowRowYourBot@sh.itjust.works 1 points 1 day ago

Also the wave of unemployment that is about to cone might push us into a recession

[-] sugar_in_your_tea@sh.itjust.works 2 points 1 day ago

It's not going to be from cutting federal workers, at least not in the short term, those impacts are more long-term. I'm much more worried about tariffs destroying consumer spending, and that might end up with a wave of unemployment.

this post was submitted on 21 Feb 2025
591 points (98.4% liked)

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