It was!

Yeah 😄

it seems that many Americans went into debt or cut back on saving for retirement, etc since 2020 thinking that inflation related higher prices would eventually go down but they never did and then President Trump campaigned on bringing prices down and so they continued to spend money at the same pace and now it’s occurring to people that prices are not going down and in fact because of tariffs they’re going up, so they will have to cut back on spending plus now tariffs are going to lead to layoffs and then we’re in a cycle

I don’t think so. I think they thought most Americans would just keep spending money at the same rate that they have been since 2020

One of the many studies I looked at

https://www.spandidos-publications.com/10.3892/etm.2019.8375

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Big Tech’s ‘Magnificent Seven’ heads into earnings season reeling from the Trump Administration’s tariff turbulence 🇺🇸 “The mass confusion created by this constant news flow out of the White House is dizzying for the industry and investors and creating massive uncertainty and chaos for companies trying to plan their supply chain, inventory, and demand,” Wedbush Securities analyst Dan Ives said. 🇺🇸

The first Trump Administration had a targeted tariff plan, but does the current Trump Administration’s economic policies seem overly emotional and chaotic? Shouldn’t the White House have well thought out economic policies with a stable roll out?

https://apnews.com/article/big-tech-earnings-trump-tariffs-350f0fc6b2b9d70339bfbaedbe0ba7f9

The study:

https://www.nature.com/articles/s42255-025-01227-8

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Americans are already being laid off because of new tariffs, how many more will be laid off as tariffs continue? We can expect as more Americans get laid off they will have to spend less money which will negatively impact the American economy, the stock market will go

down, and more Americans will get laid off. Volvo Group North America informed their workers on Thursday that hundreds of employees are being laid off, the company cited market uncertainty about freight rates and demand, possible regulatory changes, and the impact of tariffs as primary reasons for the layoffs. 🇺🇸

https://www.wsls.com/news/local/2025/04/19/volvo-announces-more-layoffs-at-three-locations-including-nrv-plant/

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