Good morning.

Monday in Whitewater will be sunny with a high of 66. Sunrise is 7:15 and sunset is 6:55, for 11 hours, 41 minutes of daytime. The moon is a waxing gibbous with 87.2 percent of its visible disk illuminated.
Whitewater’s Plan & Architectural Commission meets at 6 PM.
On this day in 2017, the impeachment of President Park Geun-hye of South Korea in response to a major political scandal is unanimously upheld by the country’s Constitutional Court, ending her presidency.
Whitewater is in Wisconsin, and Wisconsin is in America. The economic outlook for America is in decline. Whitewater will not escape national and state trends.
A man with six business bankruptcies now won’t rule out a recession in 2025:
“I hate to predict things like that,” Trump said when pressed about the possibility of a recession during a recorded interview that aired on “Sunday Morning Futures with Maria Bartiromo.”
….
The rosy economic outlook that greeted Trump’s return to the White House has dimmed in recent weeks. The unemployment rate ticked up to 4.1% in February, boosted by firings in the public sector. And consumer confidence fellby the most in any given month since August 2021.
American consumers share concerns that tariffs will raise prices on everyday goods, while corporate CEOs are eager for clarity as the president has continually announced and then rolled back new tariff packages. His moves last week, levying and then delaying 25 percent tariffs on a major chunk of Mexican and Canadian goods until April, are just the latest example. The confusion has sent markets scrambling. The S&P 500 fell by more than 3 percent on the week.
See Gregory Svirnovskiy, Trump won’t rule out a recession in 2025, POLITICO, March 9, 2025.
The conservative populists have no sound grasp of economics, as theirs is a movement of cultural revenge, not economics. Trump’s first term was an economic failure, yet many of them delusionally imagine him as an economic guru.
Truth in advertising: Come for the culture war, stay for the recession.
Stocks take another tumble after Trump’s weekend comments on inflation: