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Upcoming crisis-es:
-May 2nd : End of De minimis exemption: Orders under $80 will no longer be exempt from tariffs from China
-May 7th: All flights will require a driver’s license with real ID (new licenses after ~2015)
-The X date: Day U.S. spending cap is reached. Earliest is June, expected around August. Would cut off all federal spending including SS and Medicare.
-The X date bill: Bill that would raise the spending cap through reconciliation – but also cut either Medicaid or the Obamacare Medicare expansion. This would lead to, among many things, most rural hospitals being shut down.
-August-September: With the Department of Education no longer working student loans and accommodation requests will be thrown into chaos
-August – November: Harvest season w/o immigrants and w/o USAID contracts. Mass farmer bankruptcy , but limited time cheap food.
-Nov-Dec: Big Box stores see empty shelves due to tariffs. Smaller stores see it earlier, but Target and Walmart will have warehouse inventory until Black Friday.
-Dec-Jan: New COVID variant and flu variants will cause more strain on hospitals due to the previous closures and anti-vac NIH.
Variable dates: Terrorist attacks, something with Russia and Ukraine, Trump “assassination attempt” that turns out to be a false alarm, Trump health scares, and at least one Cabinet member will be forced out due to crimes and/or incompetence.
I will just clarify that this is nothing new and is not a Trump thing. This legislation was passed 20 years ago and has been extended multiple times. However, the timing of it sure is an unfortunate coincidence.
They'll extend it again. Less than 50% of people have a real ID
The rest of the world will feel the impact from all this but I don't think it'll be as crazy for us compared to ground zero. I sincerely wish you guys luck.
I think you missed May 3rdish when the last ships sent from China before the tarrifs reach US shores and there's nothing coming after them?