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Is Trump going to plunge us into a recession?

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doggystyle99

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Ceiling Cat said:
In a bid to look good to voters Trump is trying to make himself look good by trying to get a better deal for Americans. He slapped a 25% tariff on steel and a 10% tariff on aluminum, only to remove it later. The American steel and aluminum industry benefited by increasing prices on their products. They had no plans to build new facilities or to open old shuttered facilities to create American jobs. Only to have the tariffs removed later.

Will Trump plunge us into recession, or is it too late already. Trump has place tarrifs on $200 Billion on goods made in China. On September 1, $361 billion worth of Chinese products will face tariffs. Will Trump blink and back off.

https://www.youtube.com/watch?v=QC5VUE6xnLs



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Will Trump plunge us into recession, or is it too late already?

This has been covered in the media over the years and I have said this numerous times and fully believe this. China has adopted a policy not to lose to the USA in the communications sector. All of this is stemming from the 5G technology that Huawei has and the American communications companies don't. China will not back down and as Trump has proved time and time again he will, so eventually he will cave and he will sell it to his mostly brainwashed and uneducated fool of a base as a win for Trumpistas. But facts show otherwise for eg farmers have been bailed out in the tune of $28Bln and the economy has slowed down it's growth.

Trump's presidency will leave a negative affect on future trade deals with the USA as the American's have been shown to be untrustworthy partners eg (NAFTA, Iran nuclear deal, TPP, Paris climate agreement). He's done nothing but to alienate allies and nations that have tried to work with the USA.
 
O

OnTheWayOut

WTF is Canada worried about? If there is a recession you have boy wonder JT to save you!!

Be afraid, be very afraid!
 
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jcpro

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Why are we even talking about a recession, a natural occurance in a free market economies??? Because it's THE ONLY thing that can stop Trump in 2020. Two things. 1) hoping for a recession to sway the electorate is an admission that his economic policies are working. 2) it means that your agenda is inferior and you can't win in the arena of ideas. And that's just the two main points.
 
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Frankfooter

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Apr 10, 2015
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jcpro said:
Why are we even talking about a recession, a natural occurance in a free market economies??? Because it's THE ONLY thing that can stop Trump in 2020. Two things. 1) hoping for a recession to sway the electorate is an admission that his economic policies are working. 2) it means that your agenda is inferior and you can't win in the arena of ideas. And that's just the two main points.
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It took Russian meddling and hacking, gerrymandering and the two most unpopular candidates in history to put Trump, barely, in office.
His popularity is down, only Pelosi is keeping him from being impeached and the economy is the only left for Trump to brag about.
If Trump drives the US into recession he'll have nothing besides hate of foreigners to campaign on.
 
WyattEarp

WyattEarp

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Frankfooter said:
It took Russian meddling and hacking, gerrymandering and the two most unpopular candidates in history to put Trump, barely, in office.
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And how does that gerrymandering work in a U.S. Presidential election? :confused:
 
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Phil C. McNasty

Go Jays Go
Dec 27, 2010
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WyattEarp said:
And how does that gerrymandering work in a U.S. Presidential election? :confused:
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Dont even bother responding to that guy, he is completely clueless.

FTR the American public generally dont want impeachment: https://www.cbs17.com/news/national...doesnt-support-trump-impeachment-proceedings/

Pelosi says public doesn’t support Trump impeachment proceedings

House Speaker Nancy Pelosi still isn’t ready to launch impeachment proceedings against President Donald Trump.

Pelosi told House Democrats on a conference call Friday, “The public isn’t there on impeachment.”

She told them the case needs to be “as strong” as possible.

“If and when we act, people will know he gave us no choice,” Pelosi said, according to an aide granted anonymity to discuss the private call.

More than half the House Democrats support opening an impeachment inquiry. But Pelosi said the House must weigh its “responsibility to protect and defend the Constitution” with the need to be “unifying and not dividing.”

She also said she’s using a nightguard because it’s “very hard” not to grind her teeth “all night about what’s going on in the White House.”
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Frankfooter

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WyattEarp said:
And how does that gerrymandering work in a U.S. Presidential election? :confused:
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Gerrymandering gave Trump the senate and has allowed him to act like a dictator with Moscow Mitch playing defence for him.
It also allowed the GOP to keep the opposition from voting.
https://www.bostonglobe.com/opinion...from-voting/rktnd2ym5rgTNuQfGTC8UO/story.html

Trump's economy has been middling at best so far and now threatens major problems.
31 months into his presidency, Trump now lags previous Democratic presidents when it comes to the Dow's performance. At this point in Obama's first term, the Dow was up 45.2 percent since he took office. For former President Clinton, it was up 39.3 percent. Trump clocks in at 32.2 percent.

In fact, the Dow's performance under Trump is closest to former President George H.W. Bush, who lost his reelection bid after the economy slipped into a recession.

Trump also came into office promising to wipe out the national debt and lower the trade deficit. Instead, the opposite has happened.

The federal deficit this year is expected to hit close to $1 trillion, up some 70 percent from its 2016 level of $587 billion. Meanwhile, the trade deficit, which stood at $502.3 billion before Trump came into office, has also ballooned.
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https://thehill.com/policy/finance/458634-new-data-challenges-trumps-economic-narrative
 
Insidious Von

Insidious Von

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Sep 12, 2007
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You folks don't get it, Trump is Dr. Manhattan with sexier lips.

He shouldn't be attacking The Fed, the tariffs have not yet drawn the oncoming blood. Not to say that The Fed is infallible, America's economy hasn't fully recovered from Greenspan's Monstrosity, even with tax cuts business investment is down. It's a consumer driven entity with personal debt out of control again. Trump is planning further tax cuts. The trade talks with China were never going to succeed, it would mean the capitulation of The Communist Party. America is in a much weaker position than when it dealt with Japan.

It's going to be a very bumpy ride...and I'm fond of both Phil and Calabrese Cat. They are both followers of God.

https://www.youtube.com/watch?v=d5hae6PlPYA
 
WyattEarp

WyattEarp

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Frankfooter said:
Gerrymandering gave Trump the senate and has allowed him to act like a dictator with Moscow Mitch playing defence for him.
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So now, how exactly does gerrymandering affect U.S. Senate outcomes?
 
WyattEarp

WyattEarp

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Frankfooter said:
https://washingtonmonthly.com/2019/05/08/how-republicans-gerrymandered-the-senate/
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Two days before the lame-duck President James Buchanan left office, he signed legislation carving off part of Utah Territory, which stretched across most of modern-day Nevada, about a third of Colorado and some of Wyoming, to form part of what we now know as Nevada. Congress would soon pass two more bills expanding Nevada at Utah’s expense.

This largely forgotten act of line-drawing enabled one of the most consequential gerrymanders in American history. Because the virtually unpopulated Nevada became its own territory, Republicans could admit it as a state just four years later. That gave the Party of Lincoln two extra seats in the Senate — helping prevent Democrats from simultaneously controlling the White House and both houses of Congress until 1893.

You do realize James Buchanan was a Democrat, don't you?

I'm sorry, but analyzing statehood admissions from 150 years ago is crying over spilled milk. I actually felt a little filthy reading such revisionist garbage.

You could have made the intelligent argument that the Senate over-represents rural interests to the detriment of urban interests, but instead you post this trash.
 
F

Frankfooter

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WyattEarp said:
Two days before the lame-duck President James Buchanan left office, he signed legislation carving off part of Utah Territory, which stretched across most of modern-day Nevada, about a third of Colorado and some of Wyoming, to form part of what we now know as Nevada. Congress would soon pass two more bills expanding Nevada at Utah’s expense.

This largely forgotten act of line-drawing enabled one of the most consequential gerrymanders in American history. Because the virtually unpopulated Nevada became its own territory, Republicans could admit it as a state just four years later. That gave the Party of Lincoln two extra seats in the Senate — helping prevent Democrats from simultaneously controlling the White House and both houses of Congress until 1893.

You do realize James Buchanan was a Democrat, don't you?

I'm sorry, but analyzing statehood admissions from 150 years ago is crying over spilled milk. I actually felt a little filthy reading such revisionist garbage.

You could have made the intelligent argument that the Senate over-represents rural interests to the detriment of urban interests, but instead you post this trash.
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Both parties have done it in the past but the GOP has made a science of it and now even Trump's SC judge picks have said they won't stop it.
Supreme Court allows severe partisan gerrymandering to continue
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https://www.cnn.com/2019/06/27/politics/partisan-gerrymandering-supreme-court/index.html

This is a big issue today.
 
F

Frankfooter

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slurp said:
"But did you know that in the late 19th century, they also gerrymandered the Senate? That is the fascinating story Ian Millhiser recently told."

You do realize this has nothing to do with current events, right? Of course you don't.
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Of course its relevant to today.
Now that the republican SC has announced they won't do anything about gerrymandering its open season.
 
J

jcpro

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Jan 31, 2014
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Frankfooter said:
Of course its relevant to today.
Now that the republican SC has announced they won't do anything about gerrymandering its open season.
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As it should be. The Democrats do exactly the same thing in their states. It's the simplest solution: win some state elections!
 
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