We are deeply concerned about the economic implications of a second Trump administration implementing policies outlined in Project 2025. The warning signs are already flashing red, and if Trump's economic plans come to fruition, massive government layoffs, extreme tariffs, corporate uncertainty, and crony-driven policies could cause the U.S. to face the worst economic downturn since the Great Depression. Let’s break down why this is an inevitable disaster in the making.
1. The Immediate Economic Shock of Mass Government
Layoffs
Trump’s stated plan, Project 2025, calls for the elimination
of tens of thousands of federal workers, replacing them with ideological
loyalists. This will trigger:
- Mass
layoffs in the federal workforce, causing millions of people to
lose income suddenly.
- Ripple affects private industry, especially defense, healthcare, and IT, dependent on federal contracts.
- Reduced
consumer spending, leading to job losses in retail and real estate
sectors.
2. Trump’s Tariffs Will Trigger a Cost Explosion
Trump’s proposal to impose 10% across-the-board tariffs
on all imported goods and up to 60% tariffs on China is nothing
short of economic suicide.
- Prices
on consumer goods will skyrocket—from food to cars to electronics.
- American
manufacturers will suffer because they rely on global supply chains.
- Retaliatory
tariffs from China, Europe, and Mexico will crush U.S. exporters,
especially agriculture and high-tech industries.
- Higher
inflation will force the Federal Reserve to raise interest rates,
crushing any hope for economic stability.
3. Corporate Layoffs Will Follow—Big Business Won’t Stay
in the U.S.
With massive tariffs, corporate tax giveaways to
billionaires, and global instability, companies will start downsizing or
moving operations overseas. This is what happened in 1929:
- Stock
market panic as investors see economic contraction ahead.
- Bank
failures, leading to restricted lending for businesses and homeowners.
- Higher
unemployment, especially for middle-class and blue-collar workers.
4. The Federal Reserve Will Be Helpless
During Trump’s last presidency, the national debt
ballooned by $7.8 trillion, mostly from tax cuts for the rich. With
Trump poised to cut taxes for billionaires again, there will be zero
fiscal room to help when the economy collapses. The Federal Reserve:
- Will
be forced to raise rates to combat tariff-driven inflation.
- There
will be limited options to print money without worsening economic
instability.
- Will
watch as the recession turns into a full-blown depression.
5. Safety Nets Will Be Gutted, Leading to a Soup-Line
Economy
The worst part? Trump’s Project 2025 explicitly calls for:
- Slashing
Social Security and Medicare—harming the elderly and disabled.
- Eliminating
unemployment benefits—leaving millions with no support.
- Ending
food assistance programs—creating literal soup lines.
- Defunding
education—keeping voters uninformed and easily manipulated.
6. The Final Nail: Theocratic Oligarchy Will Enrich the
Few, Destroy the Many
At the heart of this collapse is the oligarchy disguised
as populism:
- The
top 1% will get richer through deregulation, stock buybacks, and
government kickbacks.
- The
middle and working class will collapse under crushing inflation, layoffs,
and benefit cuts.
- Theocrats
will weaponize faith to distract the suffering populace, blaming
immigrants, minorities, and the "deep state."
We Are Sleepwalking into a Depression
The low-information voter bloc has enabled a con
artist who has no grasp of economics, to lead us straight into the worst
economic disaster of this century. We warned them. We saw Project 2025
for what it was. But now, the writing is on the wall:
We are heading for a soup-line economy engineered by a
plutocratic, theocratic oligarchy, and it may be too late to stop it.
William James Spriggs
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