Billionaire entrepreneur Mark Cuban has sparked controversy with his prediction of an imminent “Red Rural Recession” if the Trump administration continues its current course of action.
In a post on Bluesky that gained significant attention, Cuban warned that federal budget cuts, widespread firings, cancellation of grants and contracts with companies, and office closures will have outsized negative impacts on small towns and rural areas across America.
According to Cuban, these actions will disproportionately affect smaller communities, potentially turning their financial situations “upside down” and leading to serious economic consequences in rural America.