this post was submitted on 21 Feb 2025
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Economist Warns That Elon Musk Is About to Cause a "Deep, Deep Recession" (lemmy.blahaj.zone)
submitted 1 day ago by [email protected] to c/[email protected]
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Source: https://bsky.app/profile/jrothst.bsky.social/post/3liin7up3ck2z

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[โ€“] [email protected] 1 points 19 hours ago (1 children)

Also the wave of unemployment that is about to cone might push us into a recession

[โ€“] [email protected] 3 points 19 hours ago

It's not going to be from cutting federal workers, at least not in the short term, those impacts are more long-term. I'm much more worried about tariffs destroying consumer spending, and that might end up with a wave of unemployment.