Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
Trump's fate hinges on what the economy does. It's true of any president, but even more so with Cheeto Von Tinyhands. People are willing to put up with his antics as long as things are going well... but they'll be quick to turn on him if we really do have a recession.
Tinyhands knows this. That's why he sends panicky tweets about the Fed daily. If he can keep the markets afloat another 15 months, he'll get a second term.
If not, he'll go down in history as a one-term mistake.
A one-term mistake that it will take at least a decade to recover from. Millennials may be a lost generation economically due to the one-two suckerpunch of the 2008 financial crisis and then the Trump recession/depression.
Bush's approval rating went into the 20s during the 2008 financial crisis. I imagine Trump's will do the same next year when the economy is shedding 500,000-1 million jobs per month.
All the Liberals will be dancing in the streets when the Trump Depression hits next month.
Really? We're looking at a very rough 5-7 years ahead for the USA. Everyone will either lose their job or somebody they know will. It doesn't matter if you are liberal, conservative, Christian or non-Christian. The next few years are going to be the most perilous economic years of our lifetimes and only one person is to blame; Donald Trump.
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.
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.
A one-term mistake that it will take at least a decade to recover from. Millennials may be a lost generation economically due to the one-two suckerpunch of the 2008 financial crisis and then the Trump recession/depression.
Bush's approval rating went into the 20s during the 2008 financial crisis. I imagine Trump's will do the same next year when the economy is shedding 500,000-1 million jobs per month.
this upcoming recession, if it happens, will be tiny
this upcoming recession, if it happens, will be tiny
The 1990 recession was a mild recession, but was enough to topple George Bush and elect Bill Clinton.
In fact, by the time the 1992 election arrived it had technically been over for a year or two, but that was still enough to see Bush booted out of office.
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
