People are terrified about being laid off. DOGE fucked shit up real bad. Companies lost their tax breaks and tariffs are forcing industries to cut corners.
Foreign tourists help a lot. Well guess what? Tourists can now be arrested by ICE because fuck you!
Immigration. Cost of products are going up because immigrants/children of immigrants are cutting down on work to avoid exposure. Can’t do a second job if that second job is watched by ICE.
A few reasons, as a non-economist.
People are terrified about being laid off. DOGE fucked shit up real bad. Companies lost their tax breaks and tariffs are forcing industries to cut corners.
Foreign tourists help a lot. Well guess what? Tourists can now be arrested by ICE because fuck you!
Immigration. Cost of products are going up because immigrants/children of immigrants are cutting down on work to avoid exposure. Can’t do a second job if that second job is watched by ICE.
The dollar value dropped by nearly 10% in these few months.
Y’all, we are in for a rough ride.