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[return to "2025 Recession Indicators Hit Fashion and Wall Street at Once"]
1. former+o3[view] [source] 2025-04-03 18:43:19
>>herber+(OP)
It's pretty hard as an indicator to miss this, considering that it's one of the very rare times a government loudly and proudly declares it's going to intentionally cause a recession.
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2. bill_j+W5[view] [source] 2025-04-03 18:57:47
>>former+o3
A lot of supporters of the trade restrictions don't care. They're working people who don't own a lot of stocks and all they've seen is their jobs sent overseas.

To them, it doesn't even matter if things get "worse" for a while. Their life is already meeting every economic headwind imaginable.

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3. Aurorn+87[view] [source] 2025-04-03 19:03:31
>>bill_j+W5
> Their life is already meeting every economic headwind imaginable.

Then they’ve failed to imagine how much more difficult their life will become under excessive tariffs.

It’s also eye-opening to watch so many people in my extended family and social network cheer on DOGE and tariffs right until they impact their own jobs. Lot of people out there didn’t connect the dots about how their own jobs were going to be impacted by tariffs.

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4. bill_j+Z7[view] [source] 2025-04-03 19:08:18
>>Aurorn+87
> Then they’ve failed to imagine how much more difficult their life will become under excessive tariffs.

Again, these workers don't have jobs. When the John Deere factory closes down in your town and moves to Mexico, tariffs sound good even if it's just to punish such companies and the abuse of their workers.

If you're unemployed and living on whatever odd jobs and government assistance you can get, tariffs won't make one bit of difference in your life. Factories may even return, and your life may improve. It's better than just accepting your situation.

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5. ncalla+hb[view] [source] 2025-04-03 19:22:45
>>bill_j+Z7
> If you're unemployed and living on whatever odd jobs and government assistance you can get, tariffs won't make one bit of difference in your life.

That government assistance is also being threatened (often by adding work requirements to it), and those odd jobs can also go away or become much more scarce if the economy goes over the edge.

Finally, the cost of everything will go up, which will hit those that are scraping by with odd jobs and government assistance the hardest.

I hope it doesn’t happen, but when you assert things are as bad as they can get, that just doesn’t match the situation you described. They can get worse.

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