The Trump administration’s overhaul of the federal government, carried out in large part by Elon Musk’s government efficiency team, has left tens of thousands in Washington without a job. That’s threatening a key economic engine of America’s capital city — consumer spending.

And with signs of strain already showing, economists at Moody’s say DC could slip into a recession as soon as this year.

  • Verdant Banana
    link
    fedilink
    English
    -29
    edit-2
    2 days ago

    more misleading headlines

    whole United States is and has been in a recession since Obama

    food and housing alone have outpaced the minimum wage that has not moved for almost two decades

    medical care is unreachable for most and with the pollution combined with the available proteins health plus morals are at all time low

    we are in a recession and have been