Summary

President Joe Biden touted his administration’s economic recovery efforts, citing job growth, reduced inflation, and infrastructure investments, as he prepares to hand off a strong economy to Donald Trump.

Biden criticized Trump’s proposed steep tariffs on imports, warning they could harm the economy and reintroduce inflation.

Trump plans tariffs against China, Mexico, and Canada, raising concerns about trade disruptions similar to those seen during his first term.

Economists caution that such policies could quickly reverse recent economic gains and weaken the U.S. economy.

  • TheObviousSolution@lemm.ee
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    1 day ago

    And we have several pandemic vectors on the rise - again. Well, with one major change, we now have a vaccine denialist in charge of core agencies. Prospects look good for the vulture industries.

    • finitebanjo@lemmy.world
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      1 day ago

      And one of the new viruses has a fatality rate above 50% in livestock, probably doesn’t bode well for humans.

      If there is a god maybe the covid was just a booster virus to get the smart portion of humanity prepped for the real plague, lol.