U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > General Forums > Politics and Other Controversies
 [Register]
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.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
View Poll Results: Whose fault is it?
All Trump 45 30.61%
Mostly Trump 14 9.52%
Both Trump and Obama 6 4.08%
Mostly Obama 5 3.40%
All Obama 5 3.40%
Neither, they happen 53 36.05%
Fake news! Bull market forever! 19 12.93%
Voters: 147. You may not vote on this poll

Reply Start New Thread
 
Old 08-17-2019, 02:49 PM
 
Location: Buckeye, AZ
27,619 posts, read 15,973,743 times
Reputation: 9963

Advertisements

Quote:
Originally Posted by bawac34618 View Post
I'd say overall QE was worth it to get us to the real boom that began in late 2016 going into 2017. If Trump would have kept the Obama status quo on the economy, it would still be full steam ahead instead of recession. I think without the tariffs and without the tax cuts, this economy would still have a few years left of momentum before a possible recession. Trump basically has caused it to happen now instead of in 2-3 years. If not for QE, you are right that the recession would have come much sooner. However, we wouldn't have had this period of near full employment that we've enjoyed over the past few years.
In regards to the Obama point you are correct that the QE did help though many think the free markets could have worked faster. I'm not so sure but it is just theory. What o did mean with Obama was that if I am not mistaken, "economists" on City-Data said that the market was due to crash by now three/four years ago. However since Trump won, they have been silent and many who said they were right, now call you leftist and cheering on a stock crash if you say a recession is coming, look at the proof.
Reply With Quote Quick reply to this message

 
Old 08-17-2019, 02:51 PM
Status: "45 is a Puppet" (set 24 days ago)
 
18,451 posts, read 11,287,417 times
Reputation: 9702
Trump took credit for the economy's success the first day in office, he should take the blame for recession three years in. He can't say the economy is doing great because of him but it's not his fault when the economy crashes.

Quote:
Originally Posted by Huckleberry3911948 View Post
I am astound by the blame in this country directed at the Oval Office
One would think congress did not exist
With a Trump presidency, Congress practically doesn't exist. He has used war powers, executive orders and every conceivable machination to rule as a dictator. These are the kinds of games Trump is playing with the economy:

"One key thing to know is that the emergency powers he is using evolved from the need for the President to act with decisive authority during war, specifically World War I."

Where Trump's 'emergency power' on tariffs comes from
https://www.cnn.com/2019/05/31/polit...act/index.html
Reply With Quote Quick reply to this message
 
Old 08-17-2019, 02:58 PM
 
Location: NJ
17,074 posts, read 11,933,783 times
Reputation: 10992
Quote:
Originally Posted by mightleavenyc View Post
Where do you stand?
another post treating theory as reality.


haven't we has enough of this fantasy projection from Obama's legacy of theoretical reality? Does the media expect anyone to trust their crystal ball. So much for economic gurus and liberal creative math majors who were embarrassed by Trump's economic reality.
Reply With Quote Quick reply to this message
 
Old 08-17-2019, 03:02 PM
 
23,759 posts, read 12,532,211 times
Reputation: 7582
Quote:
Originally Posted by Kracer View Post
another post treating theory as reality.


haven't we has enough of this fantasy projection from Obama's legacy of theoretical reality? Does the media expect anyone to trust their crystal ball. So much for economic gurus and liberal creative math majors who were embarrassed by Trump's economic reality.
It isn't the 'media' predicting the recession.

It is investors, financial pundits, etc......and the media is reporting it.

If the media reports on a plane crash -- they didn't crash the plane.
Reply With Quote Quick reply to this message
 
Old Yesterday, 06:10 AM
 
Location: Wartrace,TN
5,625 posts, read 8,999,101 times
Reputation: 11172


I didn't see any option to blame the American consumer in your poll.



At some point consumer spending has to decline when people realize they are in over their heads. How much more debt can consumers pile on?
Reply With Quote Quick reply to this message
 
Old Yesterday, 06:19 AM
 
13,912 posts, read 9,490,170 times
Reputation: 4529
Obamabutt's fault.
Reply With Quote Quick reply to this message
 
Old Yesterday, 06:25 AM
 
5,839 posts, read 1,573,470 times
Reputation: 3601
The so-called MSM is trying to induce a recession to take down Trump now that the Russian hoax/impeachment has failed.
Reply With Quote Quick reply to this message
 
Old Yesterday, 09:23 AM
 
Location: Kansas City, MISSOURI
9,261 posts, read 2,831,570 times
Reputation: 7067
Quote:
Originally Posted by EastwardBound View Post
The so-called MSM is trying to induce a recession to take down Trump now that the Russian hoax/impeachment has failed.
The media is doing nothing more than reporting on a condition which has preceded every recession (an inverted yield curve) for the last century. An inverted yield curve preceded recessions in the 90's, 80's, 70's and everything prior, but the media did not report on it, because back then people were unaware of the inverted yield curve-recession relationship. Yet the recessions came anyway. So it makes absolutely no difference whatsoever whether the media reports on the phenomenon or not, because it is not the media coverage of the phenomenon that produces the recession, it is the phenomenon itself that produces the recession.
Reply With Quote Quick reply to this message
 
Old Yesterday, 10:20 AM
 
Location: Unperson Everyman Land
30,666 posts, read 20,257,108 times
Reputation: 8472
Quote:
Originally Posted by trlhiker View Post
Sorry but the economy didn't just get strong as soon as Trump took office as many Trump supporters seem to believe. Despite the do nothing Republican congress who did their best to go against everything he did during Obamas last few years, the economy was getting more and more robust. Trump should be thanking Obama for handing him such a good and growing economy. But since Trump wants to claim it all by himself, then he should accept fault when we go into a recession.

Oh, so sorry!

Thanks for the slowest recovery from recession EVER!

https://money.cnn.com/gallery/news/e...s-final/3.html

https://www.hudson.org/research/1271...h-by-president
Reply With Quote Quick reply to this message
 
Old Yesterday, 10:27 AM
 
52,385 posts, read 42,133,031 times
Reputation: 32693
Quote:
Originally Posted by Kracer View Post
another post treating theory as reality.
.
Yes, we've had a number of threads projecting Trump doing something bad (even including nuclear war) and then condemning him for it as if it has occurred.

We'll have to see what happens, the inverted yield curve has been wrong before in predicting a recession. (OP, did you know that?).

Same garbage Obama faced from the far right where he was to blame for everything that ever happened in the history of the universe lol.
Reply With Quote Quick reply to this message
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.


Reply

Quick Reply
Message:


Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > General Forums > Politics and Other Controversies
Follow City-Data.com founder on our Forum or

All times are GMT -6.

© 2005-2019, Advameg, Inc. · Please obey Forum Rules · Terms of Use and Privacy Policy · Bug Bounty

City-Data.com - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35 - Top