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View Poll Results: Whose fault is it?
All Trump 30 30.00%
Mostly Trump 9 9.00%
Both Trump and Obama 4 4.00%
Mostly Obama 4 4.00%
All Obama 3 3.00%
Neither, they happen 40 40.00%
Fake news! Bull market forever! 10 10.00%
Voters: 100. You may not vote on this poll

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Old Yesterday, 10:23 PM
 
436 posts, read 676,374 times
Reputation: 257

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Quote:
Originally Posted by tickyul View Post
Economic-cycles, ups and downs, are normal...........did people forget this????
Trump is POTUS, he will get the blame, this is normal also.
Apparently they did. Its not a matter of if, it is a matter of when.
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Old Yesterday, 10:27 PM
 
Location: Brackenwood
3,550 posts, read 1,396,172 times
Reputation: 7470
Trump's love of tariffs could be his undoing. I'm all for re-evaluating our trade relationship with China to the extent that we are helping our biggest geopolitical foe grow in strength... but you don't pick trade fights with your economic and ideological allies. And you don't keep waving the threat of tariffs around if you want companies to be able to make long-term investments. Corporations are starting to keep cash close to the vest because they're not sure where to put it, the same problem that caused so much drag on the Obama recovery.
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Old Today, 07:43 AM
 
2,907 posts, read 1,436,729 times
Reputation: 3273
Quote:
Originally Posted by natalie469 View Post
Sorry, Trump is our president and therefore takes all the heat. But of course he never takes responsibility for anything negative, he just blames it on someone else. You should direct your disgust towards Trump and his trade wars for this possible recession
Wow I wonder how many of you took this approach during Obama’s Presidency??? I swear the entire 8 years anything that went wrong was ALWAYS Bush’s fault!
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Old Today, 07:52 AM
 
4,282 posts, read 2,052,277 times
Reputation: 1833
Donald Trump inherited an extremely strong economy from Barack Obama and the practices and procedures Barack Obama put in place to create the strong economy. Donald Trump filed bankruptcy six times! Donald Trump knows nothing about business or the economy. Blame Donald Trump, the smart genius, for the coming recession.
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Old Today, 07:54 AM
 
8,899 posts, read 10,946,975 times
Reputation: 12969
T brags about the economy constantly since he's been elected so in that vain let him take responsibility for it when it's not so good, too.
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Old Today, 07:55 AM
 
Location: NE Mississippi
13,872 posts, read 8,718,472 times
Reputation: 20194
Orange Man Bad.
There MUST be a recession coming! There must!!
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Old Today, 08:09 AM
 
736 posts, read 387,086 times
Reputation: 671
Quote:
Originally Posted by tillman7 View Post
Donald Trump inherited an extremely strong economy from Barack Obama and the practices and procedures Barack Obama put in place to create the strong economy. Donald Trump filed bankruptcy six times! Donald Trump knows nothing about business or the economy. Blame Donald Trump, the smart genius, for the coming recession.
I agree with you that Donald Trump declared bankruptcy and knows nothing about the economy, but the economy wasn't all that strong under Obama. There isn't much difference between the Obama economy and the Trump economy. On paper, are things better today than they were during Obama's first term? Sure, but they are no different if not weaker than during the last two years of his second term. People are still having to work multiple jobs to make ends meet, wages remain relatively stagnant, consumption continues to essentially outpace productive activity, the consumer and firm is still in debt, malinvestments are being made, and the stock market is still a bubble. Just as Obama bailed out GM, Trump is bailing out farmers from his failed trade policy.
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Old Today, 08:57 AM
 
Location: FL
16,050 posts, read 8,927,836 times
Reputation: 3907
Quote:
Originally Posted by natalie469 View Post
Sorry, Trump is our president and therefore takes all the heat. But of course he never takes responsibility for anything negative, he just blames it on someone else. You should direct your disgust towards Trump and his trade wars for this possible recession
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Old Today, 09:29 AM
 
5,676 posts, read 2,090,853 times
Reputation: 7178
Upcoming recession will be 100% Trump's fault.

The tariffs and trade war are unilateral actions taken by Trump himself.

He will OWN the recession.
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Old Today, 09:48 AM
 
Location: Proxima Centauri
4,893 posts, read 2,029,235 times
Reputation: 5349
Gold is up $200 per ounce in the last 3 months. Gold tends to spike when the wealthy are heading for cover.
Leading economic indicators are flattening out. This has preceded the prior two recessions.
The treasury yield curve has gone inverted three times since January.
A recession is coming. Yes. Trump is responsible for only that part of the economic downturn that can be attributed to the tariffs.

For Trump to blame the FED is irresponsible. They exist to prevent disaster and to keep inflation under control. Trump shouldn't monkey with that.
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