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Happy August everyone!! Time flies! So I'm going to call it…

The healthy economy that trump inherited (and hasn't done anything to improve) has peaked.

By the end of 2019 we'll start to see a downturn.

We will be in a recession by the next election and trump will spin it one of two ways: blame it on the Fed for not doing enough even with the rate cut yesterday OR 'the markets are scared of a Democratic win'...

When the Dow is up or down by 100 pts day after day, that is a flat line economy.

Impact of his idiotic Tariffs are sucking profits away. A lot of work has left China for Mexico, Thailand, Vietnam...but it didn’t come back to the USA.

Can you imagine if trump took office when Bush left? We would have headed to a deep recession. trump will tank this economy in areas that will hurt us long term.

Be proud, Republicans.
SWMae
26-30, F
27 replies 165 views Aug 1, 2019
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whowasthatmaskedman · 70-79, M
Yeah.........No....... Now I am no Trump lover.. Ask anyone. And a lot of what you said is absolutely correct. Economy flat, in spite of the continuing stimulus, so that interest rates are being dropped again. But Trumps tariff fetish is only a dot on the US economic dessert. The subsidies paid out to farms and manufacturers are what has made American made an uncompetitive label and that policy predates Trump.
Trump is just a symptom. Not the whole disease. But Yes. I would blame Republican style policies. Other nations dont like being ripped off, then being criticised for being unfair.
+ 3 · Reply · Translate · Aug 1, 2019
SW-User
The markets are scared of a Democratic win


I can see Trump saying this, to put fear in voters to not vote for anyone else but him, whose deficits and tariffs caused another recession.
+ 3 · Reply · Translate · Aug 1, 2019
JimboSaturn · 51-55, M
I like how he takes credit for all the good legacy, but blames everything else on his predecessors.
+ 3 · Reply · Translate · Aug 1, 2019
sunrisehawk · 61-69, M
You actually believe that higher taxes and more regulation make for a better economy?

You might consider a touch of logic, if Obama had a healthy economy, why are things booming when almost all of his economic policies have been reversed?
+ 1 · Reply · Translate · Aug 1, 2019
SW-User
@sunrisehawk
[image/video deleted]
+ 1 · Reply · Translate · Aug 1, 2019
sunrisehawk · 61-69, M
@SW-User By the way, deficit is spending more than you bring in, debt is the accumulated money owed. Lowering the deficit isn't bad, but it is still spending more than received. And what did happen with the debt during Obama's two terms? Jeesh, fans of tax and spend will grasp any data or fact to push their partisan crap.
+ 0 · Reply · Translate · Aug 1, 2019
windinhishair · 61-69, M
@sunrisehawk Agreed. Fans of tax and spend (in other words, Republicans) will say or do anything to avoid having to deal with facts.

So exactly how does Trump doubling or tripling the budget deficit in his first couple of years help with the national debt? You just can't handle the fact that Obama (and as pointed out above, Clinton before him) lowered the deficit while president, while every Republican president since Reagan has increased it during his term(s).

It is a good thing we'll be getting a Democratic president in 2021 to fix the messes created by Trump. Same as all the other times Democrats have been elected since 1980.
+ 0 · Reply · Translate · Aug 1, 2019
nedkelly · 61-69, M
Love the Democrats - Keep attacking trump without any new ideas

Who is the leading candidate to run against Trump?
+ 1 · Reply · Translate · Aug 1, 2019
Zonuss · 41-45, M
@nedkelly The Democrats pulled us out of the 2008 recession.
Unemployment went from 10 to 5 percent. Its a brutal fact. And one you can never abolish nevertheless. 🙂
+ 1 · Reply · Translate · Aug 1, 2019 · Edited: 5 yrs ago
SW-User
Nick Cave. Not even close!

[image/video deleted]

@nedkelly
+ 0 · Reply · Translate · Aug 1, 2019
PicturesOfABetterTomorrow · 41-45, M
Sounds about right but sadly I think it will be much much worse. Deutchebank is going down the toilet and will probably bring everything else with it. Get ready for Wall Street to demand the government hand over the treasury again and Donald will probably do it so fast it will make people's head spin.
+ 0 · Reply · Translate · Aug 1, 2019
Khenpal1 · M
With geopolitics nobody can predict how it will be in two years time. China has means for currency war, but are also in need of painful reforms. They will start real trade war if Trump is re-elected in 2020.
+ 0 · Reply · Translate · Aug 8, 2019
GJOFJ3 · 61-69, M
I'm still cautiously optimistic. I know the Trump haters are hoping for crash even though it hurts the poor and middle class the most.
+ 0 · Reply · Translate · Aug 1, 2019 · Edited: 5 yrs ago
SW-User
@GJOFJ3
+ 0 · Reply · Translate · Aug 1, 2019
Zonuss · 41-45, M
This is not a surprise. But like always we will need a Democrat president to bail us out again. 🙂
+ 2 · Reply · Translate · Aug 1, 2019
TjNewton · M
No now dont go telling the truth about that dumbshit he might tell you to go back to the rat infested country you came from
+ 1 · Reply · Translate · Aug 1, 2019
 
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