Overview
- U.S. markets face significant downturns, with Federal Reserve projections indicating a potential 2.4% GDP contraction in Q1 2025, dubbed the 'Trumpcession.'
- Elon Musk, a central figure in Trump's administration, faces mounting criticism as Tesla's stock plummets by 38% since January, and SpaceX suffers repeated test failures.
- Trump's tariff policies and erratic economic decisions have led to rising consumer prices, including record-high egg costs, undermining his campaign promises to curb inflation.
- International relations are strained as Trump's pro-Putin stance, failed Gaza resettlement plans, and aggressive rhetoric toward Canada provoke widespread criticism and resistance.
- Domestically, controversial decisions, including RFK Jr.'s appointment as health secretary and mass federal layoffs through Musk's DOGE agency, have sparked legal challenges and public unrest.