this post was submitted on 19 May 2025
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Trump Watch

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Fascism has come to America, wrapped in a flag and carrying a cross.

Documenting the crimes and corruption of the 47th president of the United States and his fascist minions.

Here we go again.

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Is America great again yet?

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[–] RedWeasel@lemmy.world 13 points 3 days ago (1 children)

Tax cuts? How about just full on economic instability! Tariffs on, Tariffs off. Tariffs quad on, Tariffs double on. I have no idea where they are now.

[–] grue@lemmy.world 6 points 2 days ago

I'm sure the president himself openly threatening to default didn't help either!

https://newrepublic.com/article/191367/trump-treasury-default-bond-market

[–] DiaDeLosMuertos@aussie.zone 12 points 3 days ago

That bloody Obama bloke causing financial instability. Something needs to be done about him. Vote him out at the next election.

[–] grue@lemmy.world 5 points 2 days ago (1 children)

It's absolutely fucking wild that a Business Plot-style conspiracy hasn't taken this fuck out yet. I just flat-out do not understand the mentality of trying to coup socialists or liberals whose policies result in widespread prosperity (including for the oligarchs themselves!) but wanting to keep this destructive moron in power.

[–] Rivalarrival@lemmy.today 2 points 2 days ago

He's pissed off Musk and now the Waltons. It's coming.

[–] raltoid@lemmy.world 1 points 2 days ago* (last edited 2 days ago)

Trump's tax cuts didn't help, but it was not the main cause. This has been coming for years:

Moody's warned in 2023 the US triple-A rating was at risk. Fitch Ratings downgraded the US in 2023 and S&P Global Ratings did so in 2011. Moody's held a perfect credit rating for the US since 1917.

https://www.bbc.com/news/articles/c4ge0xk4ld1o