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Old 08-14-2019, 11:16 AM
 
Location: sumter
8,988 posts, read 5,622,663 times
Reputation: 6765

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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.
Where did you get that? Please, I would like to know. I've always had 401K and so does most of the people I know. My sons in their 20s have it, my nephews, friends and family. I mean seriously, where do you get this stuff.
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Old 08-14-2019, 11:19 AM
 
Location: In The Thin Air
12,412 posts, read 8,300,317 times
Reputation: 9028
Quote:
Originally Posted by hawaiiancoconut
Liberals would rather cut off their nose to spite their face than see our country/President succeed. Most Liberals don’t have 401ks anyway. Lol

Extreme Terminal TDS!

We can lose 5000 points on the DOW and still be better than when Obama left office.
You made up your entire post. No proof behind it at all. It is OK, just continue living in your bubble.

I am not a liberal by the way.
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Old 08-14-2019, 11:21 AM
 
Location: Washington State
19,536 posts, read 10,120,298 times
Reputation: 16648
Quote:
Originally Posted by TwoByFour View Post
An inversion of the yield curve on US Treasuries is a very accurate predictor of recessions and it just inverted today. The one thing, and probably only thing, that Trump has going for him is the economy. If that goes south on him, which is now looking highly likely, he is going to be booted out of the White House.

https://finance.yahoo.com/news/yield...102034083.html
A bad economy will lower his election chances for sure....Nancy Pelosi crashed the world economy last time she was Speaker and it resulted in obama election and when Republicans took over Congress in 2010, our economy and Obama's Presidency was saved. nancy would love to cause another global financial crisis.
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Old 08-14-2019, 11:22 AM
 
Location: Ohio
5,247 posts, read 1,913,033 times
Reputation: 4413
Quote:
Originally Posted by turkey-head View Post
Now even though I think Trump is a dumpster-fire, I don't think he's the *cause* of our upcoming recession. IMO it's inevitable, and would already be well underway had we elected Hillary.

Tinyhands and the GOP have prolonged the Obama Recovery by turning on the money-firehose and spending like there's no tomorrow. Handing out tax breaks and deregulation to The Swamp... all at the expense of future generations.

Had Hillary been elected, these same Republicans would have clamped down on spending everywhere possible and blamed the ensuing recession on Hillary. Because they're ****s.

Either way, we're at the end of a LONG bull market. A recession is gonna happen regardless of who is in power. Just a question of timing, and what the trigger will be.

Note that a trigger isn't the same thing as an underlying cause. The Tinyhands Trade War may well trigger the Trump Recession. But if not for that trigger, it would've been something else. Bull markets don't last forever.
This is the reality. Presidents have minimal impact on the economy it's just convenient to pin a bad economy on the predecessor or claim that they are the cause of a good one. Trump Cultists live in a fairytale world that is unlike anything we've ever seen before. If it feels good and feeds their malignancy it must be true.
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Old 08-14-2019, 11:24 AM
 
10,334 posts, read 3,088,237 times
Reputation: 6018
Quote:
Originally Posted by TwoByFour View Post
An inversion of the yield curve on US Treasuries is a very accurate predictor of recessions and it just inverted today. The one thing, and probably only thing, that Trump has going for him is the economy. If that goes south on him, which is now looking highly likely, he is going to be booted out of the White House.

https://finance.yahoo.com/news/yield...102034083.html
I see him really pressing on the Fed now. He'll do any and everything to keep this economy going, including backing off his trade war with China, as yesterday's decision proved. His supporters say he's so tough on China, not afraid to make the hard decisions. Um, not so much.
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Old 08-14-2019, 11:25 AM
 
Location: The middle of nowhere
9,582 posts, read 4,409,291 times
Reputation: 8125
Quote:
Originally Posted by GearHeadDave View Post
This is the reality. Presidents have minimal impact on the economy it's just convenient to pin a bad economy on the predecessor or claim that they are the cause of a good one. Trump Cultists live in a fairytale world that is unlike anything we've ever seen before. If it feels good and feeds their malignancy it must be true.
I think Presidents and their policies do impact the economy. I also think this specific recession can be fully blamed on Donald Trump.

Not all recessions are completely the fault of the administration running the executive branch though. 2008 was a complex situation and Bush did play a part but so did Clinton, papa Bush, and Reagan.
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Old 08-14-2019, 11:26 AM
 
102 posts, read 20,803 times
Reputation: 126
There is an average of 16 months before recession when the previous curves inverted

Trump can get re-elected, and enjoy a 6-12 month recession... and a booming economy before he leaves office

Or he can lose... and the democrat gets to enjoy the upswing (Clinton, and Obama).

Its just a game.

Recessions happen on schedule... then the economy grows again. What matters is the growth between recessions... and Obama was an all time disaster in this regard.

1981
1991
2001
2008/2009
2019/2020/2021 100% fixed.

Reagan was the only Republican who could enjoy get elected in a downturn, and get re-elected on the upswing, and leave office with the economy steady.

This is why I wanted Hillary to get elected... the 2018 elections would have been a GOP landslide in the senate (60 seats)...
and she would be out via recession... and a new Republican could have come in.
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Old 08-14-2019, 11:26 AM
 
Location: Oklahoma
7,208 posts, read 6,424,744 times
Reputation: 6510
Quote:
Originally Posted by Tall Traveler View Post
A bad economy will lower his election chances for sure....Nancy Pelosi crashed the world economy last time she was Speaker and it resulted in obama election and when Republicans took over Congress in 2010, our economy and Obama's Presidency was saved. nancy would love to cause another global financial crisis.
Typical. Republicans aren't in charge even when they are in charge. Trump and the senate are 'victims' of Nancy and the Dems when things go south.
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Old 08-14-2019, 11:26 AM
 
10,334 posts, read 3,088,237 times
Reputation: 6018
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.
S&P 500 gained 46% under Obama in the first 645 days of trading. 29% for Trump.
https://www.cnn.com/interactive/2019...ent/index.html
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Old 08-14-2019, 11:27 AM
 
10,334 posts, read 3,088,237 times
Reputation: 6018
Quote:
Originally Posted by workingclasshero View Post
this upcoming recession, if it happens, will be tiny
How do you know that?
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