Trump seeks $4.7 trillion budget with domestic cuts, $8.6 billion in wall funding

Nvidia SJ-sharks
Mar 11 5 Comments

https://www.washingtonpost.com/business/economy/trump-proposes-47-trillion-budget-with-domestic-cuts-86-billion-in-wall-funding/2019/03/11/de11cfa4-43fe-11e9-90f0-0ccfeec87a61_story.html?utm_term=.baf1a7aa9633

The UBS economists, led by Pierre Lafourcade, said their view that US-China tariffs “would do more damage than expected has been playing out in recent months: job losses have been concentrated in key manufacturing states, fourth quarter domestic demand growth was running at half the pace of quarter three and confidence indices have dropped substantially”.

The report also flagged weakness in the housing market “that is likely unrelated to the trade war.”

“The take away is that weakness in the data is now fully consistent with a very real risk of a recession, whether one happens or not”, the economists said

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TOP 5 Comments
  • Microsoft rfrw82
    This pose of Trump always seems to say "i only shit this much though i ate steak with ketchup. Where did the steak go? No one knows folks. And i know the best people. Trust me."
    Mar 11 0
  • New sparked
    Republicans continue to prove that they are the party of fiscal conservatism
    Mar 11 2
    • Amazon / Eng Dude58
      I trust that this is ironic?
      Mar 11
    • New sparked
      Yep although most trump supporters would probably agree with it completely missing the irony
      Mar 11
  • Amazon tjpb67
    Trump is not right in the head.
    Mar 11 0

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