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Old 08-14-2019, 01:40 PM
 
Location: sumter
8,991 posts, read 5,627,380 times
Reputation: 6767

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Quote:
Originally Posted by James Bond 007 View Post
Once again ... the left is not creating the potential for a recession. Market forces are. The media and the left are simply reacting to what those market forces are telling everyone.

Why is this so hard to understand?
They don't get it, they just see what they want to see.
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Old 08-14-2019, 01:42 PM
 
Location: Kansas City, MISSOURI
10,105 posts, read 3,077,822 times
Reputation: 7685
Here we go ... even Breitbart is saying market forces are warning of a recession!

Stocks Plunge as Treasury Market Signals Recession Warning
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Old 08-14-2019, 01:43 PM
 
Location: Center City, Philadelphia
4,663 posts, read 2,871,188 times
Reputation: 3029
The amazing part is that if it wasn’t for George Bush and Donald Trumps tax cut for Wall streets mega corporations, the country’s budget would be flat. Thanks to the GOP greed, it’s running at trillions of dollars in the red now.

Nothing blows my mind more than people who believe the Republican Party represents normal everyday people. Fox News / News Corp / Breitbart and all the other sick corporate powers at be have spent decades spinning the brainwashing narrative
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Old 08-14-2019, 01:48 PM
 
Location: Haiku
5,129 posts, read 2,870,155 times
Reputation: 7495
Quote:
Originally Posted by James Bond 007 View Post
Once again ... the left is not creating the potential for a recession. Market forces are. The media and the left are simply reacting to what those market forces are telling everyone.

Why is this so hard to understand?
POC is actually the conspiracy theory forum and anything said here that is not part of the conspiracy narrative is ignored. It happens over and over in these threads.
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Old 08-14-2019, 02:01 PM
 
Location: NC
7,355 posts, read 5,149,887 times
Reputation: 8077
Quote:
Originally Posted by hawaiiancoconut View Post
Liberals would rather cut off their nose to spite their face than see our country/President succeed. Most Liberals donít have 401ks anyway. Lol

Extreme Terminal TDS!

We can lose 5000 points on the DOW and still be better than when Obama left office.
Kinda like the way R's purposely (and without hiding it) undermined the ACA to make it fail, so they could take glee in it? Remember, they (including, but not limited to) Trump openly defunded it so they could make it impossible to continue the successful trajectory it was on.

They undermined the will of the majority of the American people for the simple reason that they had to protect Trump's fragile ego. He cannot stand to see an Obama success. If he can't rename Obama's programs as Trump Programs, then SCREW the American people, he'll scorch the earth.

This Liberal has a 401K and I liked the trajectory under Obama, 8 years of steady growth, much more than what we have now, which was a year of growth based on corporate give-aways, followed by a year of stagnation, and now a lot of volatility. One can only hope the volitility created by the Trump errors will eventually even out.
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Old 08-14-2019, 02:10 PM
 
Location: sumter
8,991 posts, read 5,627,380 times
Reputation: 6767
Quote:
Originally Posted by Myghost View Post
Kinda like the way R's purposely (and without hiding it) undermined the ACA to make it fail, so they could take glee in it? Remember, they (including, but not limited to) Trump openly defunded it so they could make it impossible to continue the successful trajectory it was on.

They undermined the will of the majority of the American people for the simple reason that they had to protect Trump's fragile ego. He cannot stand to see an Obama success. If he can't rename Obama's programs as Trump Programs, then SCREW the American people, he'll scorch the earth.

This Liberal has a 401K and I liked the trajectory under Obama, 8 years of steady growth, much more than what we have now, which was a year of growth based on corporate give-aways, followed by a year of stagnation, and now a lot of volatility. One can only hope the volitility created by the Trump errors will eventually even out.
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Old 08-14-2019, 02:24 PM
 
Location: New Jersey
8,707 posts, read 12,686,137 times
Reputation: 8411
Quote:
Originally Posted by sindey View Post
I don't think anyone "cheers" for the economy to "go south". It's more like they are happy that their predictions of Trump not knowing what the heck he is doing rings true.
Dems & Independents love this country every bit as much and maybe more than those who claim they don't.
Here, let me help you.

https://www.snopes.com/fact-check/bi...get-rid-trump/
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Old 08-14-2019, 02:32 PM
 
Location: In the desert
2,812 posts, read 2,016,964 times
Reputation: 1378
Quote:
Originally Posted by camaro69 View Post
Do you actually believe Bill Maher speaks for ALL Dems?
That is like those who believe all Dems are socialists or atheists.
My mother used to say don't believe anything you hear and only half of what you see.
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Old 08-14-2019, 02:36 PM
 
3,020 posts, read 1,261,015 times
Reputation: 2986
There's no question that Trump has royally f'ed up on fiscal policy and trade, but the real economy is not heading into a recession tomorrow. The yield curve inversion sounds scary, but it only reflects the sentiment of traders, not the data in the real economy. Yields aren't the worst story here, it's really the data coming out of Germany.
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Old 08-14-2019, 02:44 PM
 
2,835 posts, read 943,065 times
Reputation: 2004
Quote:
Originally Posted by moneill View Post
There is a general concern among economists/financial folks that the economy has been adding jobs for 9 years and that we have been on the longest recovery ever ....so there is cautious speculation that we may be due for a bit of a slow down.

It isn't the 'media' -- it's generally accepted.

Longest recovery ever -- 121 months......wow.

I would love for it to continue but reality is reality and not assigning anything to Trump -- he hasn't steered this economy and it won't necessarily be his fault when it slows down.

(Doesn't the economy usually slow down a bit during an election year?)
It's not just that the recovery has been going so long that we are overdue for a recession.
Recently the yield curve on interest rates has been inverted (long-term rates lower than short-term). This is usually a predictor of a recession 12 months out.

And no, the economy usually perks up a bit in an election year because the incumbent is trying to get lower interest rates or tax cuts to help his election chances.
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