Posted at Hartmann Report on Aug. 1, 2025
The Coming Republican Depression: How the GOP Turned America Into a Powder Keg, and Is About to Light the Match
Housing bubbles, financial scams, and political sabotage are converging into a historic, preventable disaster.
Republicans may be fixing to crash the economy again — Republican presidents oversaw 10 of the last 11 recessions and the Republican Great Depression — and they're doing it to satisfy the greed of the billionaires they serve.
Today, for example, is the day that some of Trump's worst tariffs are supposed to go into effect, and many folks on Wall Street are deciding where they want to hide when the ceiling starts falling in. The horrible jobs report just released hours ago highlights not only how bad things were in July, but they had to "revise downward by 285,000 jobs" previous reports; it looks like Trump's people have been cooking the books.