A SSRS recent poll revealed that Americans have become less optimistic about President Donald Trump’s economic policies.
the reconnaissance It revealed that 57 % of the respondents believed that economic policies had created an unstable situation because some decisions raised global trade wars. 51 % believed that the economy would get worse after a year from now, which is the highest 7 points from January before the president took office. 55 % of respondents in the survey believed that Trump’s discounts on federal programs would cause more economic harm than benefit.
The respondents also suggested that the president try to fight the current high prices of consumer. The majority of the respondents are also concerned that these policies will raise prices rather than drop them.
Trump’s import tariff last week, a 25 % tariff imposed on Mexican and Canadian imports and a 10 % tariff on Chinese imports. Other policies include tax cuts, government spending discounts, discounts on federal programs, collective hairstyles for federal workers, and cancellation of organizational restrictions.
The President’s policies raised the uncertainty in Wall Street and in the encryption markets, which led to diving in stocks and most digital assets. Markets also witnessed major sale on Monday amid the increasing fear.
The Dow Jones industrial average decreased by 2.08 % on Monday and decreased by 1.25 % today. S&P 500 decreased by 2.7 % on Monday and fell by 1.37 % today. Bitcoin fell to less than $ 77,000 this week before recovering to more than $ 80,000. The currency is still less than 2 % today, trading at $ 80,280 at the time of writing this report.
Trump’s policies raise concerns and stagnation
#PRESIDENTRUMPnew #steel & #Aluminum #Tariffs Escalate #commerce War with JP Morgan Chase expects a 40 % chance #recession if #trump He continues with his “extremist policies”. Economist JUSTINWOLFERS Trump’s economic policy is called “messy” and says it may stagger: pic.twitter.com/dlywag1g13
Rosemarycnn Church March 13, 2025
Trump’s policies have raised speculation about the possibility of stagnation this year. Several indicators, such as the high unemployment rate in February, show the slowdown in the economy after Trump’s presidency. The Consumer Prices Index (CPI) revealed a 2.8 % increase in inflation on an annual basis. Inflation still cools compared to 3.0 % on an annual basis.
The recession includes a sharp and important decrease in economic activity that lasts more than a few months. It was reported that Alex Jackers, head of politics and advocacy in the working group, stated that the economy driver relies on investment, employment and spending companies. Jacquez also suggested that spending can be reduced if citizens are afraid of their jobs or more layoffs in the future.
CNN poll significantly High The respondents were lowering part of their spending to maintain their budget. Not 71 % of the respondents are the type of grocery that they used to purchase in order to stay in their budget. For the costs of necessities, 67 % of the respondents had to reduce additional spending such as entertainment and additions.
JPMorgan Chase expects a 40 % chance of stagnation if Trump continues with his “extremist” economic policies. Goldman Sachs also raised the possibility of recession from 15 % to 20 % due to the slow home market, Trump teams, and government spending reduced. Economist Justin Wolfs stated that Trump’s “chaotic” policies can lead to recession. Polymers market survey in the prediction market on “American recession in 2025?” Currently he has 39 % vote.
Consumer confidence decreases dramatically in February
Consumer confidence decreased dramatically in February, where it decreased to the lowest level in three and a half years, and decreased from 105.3 in January to 98.3 in February. The Americans also pointed to the concern about the exacerbated economic conditions, inflation fears increased for 12 months among the consumers.
Christopher Robky, chief economist at FWDBONDS, commented on the confidence of the consumer, noting that the Americans were more pessimistic about future expectations. RuPkey explained that the Trump administration was the first administration to threaten collective workers for federal employees. The economist also stated that policies can cause the economy to stop as soon as the first quarter of this year.
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