Just a few things cropping into my mind in the final month of 2024.
With Trump as POTUS, I expect him to install his beloved tariffs. That will damage the economy. I expect unemployment to rise as companies cut staff to deal with less sales volume and protect the bottom line. I expect less sales volume because companies will pass on tariffs to consumers. I expect inflation will rise, first due to tariffs; second, due to retalitory tariffs; third due to shortages in manufacturing, service employees, and agriculture. I expect sales to decline because discretionary income will decrease as inflation drives up the cost of goods. I expect the shortages in manufacturing, service employees, and agriculture will come about because of the expected mass deportation scheme the Trump administration plans. I expect local economies to falter due to all the previously mentioned issues. I expect drug use, suicides, homelessness, and crime to rise. I expect the national debt to swell as tax revenues decline. I expect record profits to continue at corporations as they take advantage of the shortages and business-favored governmental environment and raise prices. I expect the air and drinking water to get worse, especially in poor communities and red states. I expect voter’s remorse to arise by 2026. I expect the media to begin turning on Trump and his administration by the middle of 2025 as they sense the nation’s mood and deem it safe to criticize him. I expect Trump’s administration to start turning over before the end of 2024 as infighting, anger, and frustration among them escalates and Trump attacks them for his collapsing approval numbers. I expect Trump to get angrier and angrier, sending out attack texts in increasing numbers, using false information, making accusations, and whining about being treated unfairly. I expect many of his texts will be in all caps with multiple exclamation points.
I don’t have a crystal ball. I’m not a prophet. I just read my history. These are all trends that history predicts because it’s all happened before.