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Recession fears grow as Trump hides another economic report

Donald Trump’s government has stoked fears that the US is in dire straits by cancelling yet another financial report.

At the same time, Trump continues to make the following claim, which he’s been saying for most of this year:

Meanwhile:

Boom or bust

The latest cancelled report is the advance estimate on gross domestic product (GDP) for 2025’s third quarter, which was produced by the Bureau of Economic Analysis. The Trump regime had already delayed the release, blaming the shutdown for ‘impairing’ the data. Now, they’ve cancelled the report entirely, and are suggesting the “federal statistical system” may be “permanently damaged”.

In other words, it looks a lot like they’re excusing themselves from ever releasing economic data again.

Reassuring?

Not to anyone paying attention:

As the New Republic reported:

The Trump administration’s decision to get stingy with publishing economic data comes amid concerns that President Donald Trump’s policies aren’t all that good for the economy. Trump’s mass deportation scheme is estimated to reduce the GDP by between 4.2 to 6.8 percent, according to the American Immigration Council. Trump’s sweeping reciprocal tariffs are also expected to place a strain on GDP, according to the Tax Foundation.

The other cancelled reports include the Labor Department’s monthly jobs report for October and the Bureau of Labor Statistics inflation report. Previous job reports have proven embarrassing for the second Trump regime:

Obfuscation

At this moment in time, we don’t have a clear idea of what’s going on in the American economy, because Trump is hiding that data from us. We do, however, know that America is experiencing:

With so many ongoing crises boiling over at once, there’s only so much Trump can do to obscure what’s happening. If America instigates a financial crisis, though, we’ll all suffer as a result.

Bear that in mind when you’re listening to the UK politicians who are desperate to mimic the Trump regime:

Featured image via RawPixel

By Willem Moore

This post was originally published on Canary.