Geddry’s Newsletter

Geddry’s Newsletter

The New Gilded Age of Decline: Tariffs, Tumbling GDP, and the Disappearing Job Market

Trump’s economic chaos is being delivered by UPS, with 20,000 pink slips and counting

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Mary Geddry
May 01, 2025
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The Trump administration is fond of making bold claims about a “New Golden Age.” But from the factory floor to the loading dock, it’s beginning to look a lot more like a new Gilded Age, where wealth is hoarded at the top, economic pain is outsourced downward, and the illusion of prosperity is propped up by spin and scapegoats.

This week’s grim GDP number…

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