Excerpt from Heather Cox Richardson’s Daily Report

Trump has promised to slash taxes on the wealthy, increase tariffs across the board, and deport at least 11 million immigrant workers. According to the analysts, these policies would trigger a recession by mid-2025. The economy would slow to an average growth of 1.3%. At the same time, tariffs and fewer immigrant workers would increase the costs of consumer goods. That inflation—reaching 3.6%—would result in 3.2 million fewer jobs and a higher unemployment rate.

Trump’s proposed tariffs would not fully offset his tax cuts, adding trillions to the national debt.

You can read her full report HERE.

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About lifelessons

My blog, which started out to be about overcoming grief, quickly grew into a blog about celebrating life. I post daily: poems, photographs, essays or stories. I've lived in countries all around the globe but have finally come to rest in Mexico, where I've lived since 2001. My books may be found on Amazon in Kindle and print format, my art in local Ajijic galleries. Hope to see you at my blog.

9 thoughts on “Excerpt from Heather Cox Richardson’s Daily Report

  1. annieasksyou

    I think everyone who believes this dangerous criminal should be nowhere near the White House has an important role to play in countering all the lies and misinformation that ill-informed Americans receive daily from Fox and Sinclair and online platforms. We must be ambassadors for the truth.

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