Ed Dowd warns of a “Short but Deep” recession as deportations and DOGE slash government spending.
It could be the biggest government recession since WW2 demobilization. And it would usher the biggest golden age since the 1950’s. pic.twitter.com/YztL5EKGc0
— Peter St Onge, Ph.D. (@profstonge) March 27, 2025
- Cutting waste fuels growth. $32B in terminated grants, $400M axed leases prove it. Biden’s spending up 51.7% since 2019—$6.7T in 2024 alone. Real prosperity starts when govt stops burning cash on foreign handouts & woke projects.
- Yes. As president Trump’s Treasury Secretary said they are trying to reprivatize the economy. For quite a while our economy has been propped up by cheap money and massive government spending. It’s basically been a false economy. We are now rebalancing.
- I think most of on both sides of the isle can agree that the illegal crap our government has been doing for decades has harmed our families in one way or another and Trump is the only president in our collective lifetimes to take action for We The People
- Bravo! Americans have been living in a deep depression during the 4 years of a fraudulent presidency, a gov run by criminals who hate America. Americans are willing to suffer short-term pain, for longterm gains.
- I hope the govt cut the monthly payments of $1.6K to $2.2K to millions of illegals, although is could lead to more robberies and violence. Corrupt election meddler Stacey Abrams receiving $2 billion is outrageous, surely used to buy votes along w/paying corrupt poll workers and double-wide seats on airplanes.
- I think most people are not giving the increase in private sector funding enough credit nor Sec Bassent. The plan is a rebalancd not austerity. The dems delaying this in court is just helping Trump have time to backfill the cuts with more private sector investments.
- You are overlooking the post-war baby boom. Moving able-bodied people into productive work was very important, but a massive increase in children was the demand driver. – K Backman
- If they’re being serious about a doge saved tax refund of 5 grand, it will indeed be a short one. Similar to covid checks, it will give a boost. Unlike covid money, the money they’re talking about is already on the books and won’t lead to additional printing out of thin air.
- I would like to see a 1950’s style decade of prosperity. My Dad was a machinist for Intertype in Brooklyn and with a sole income had a house, wife, and 3 kids on a commuter train line in NJ.
- Ed Dowd warns of a “Short but Deep” recession due to reduced government spending, potentially the biggest since WW2 demobilization. However, he also predicts this could usher in a new “Golden Age” of prosperity, similar to the 1950s, offering a hopeful outlook amidst economic uncertainty.
- The numbers will say recession, but the people will feel relief. Lower prices will have a significant impact on consumer outlook. That positivity from the most crucial base of the economy will carry momentum into more production and more spending. – Crocket
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