Will Trump cause a recession?
- Thread starter Morrison71
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I do not possess adequate economic knowledge to augur a scenario.
No. It will be Biden’s fault
Rick Scott told me.
Rick Scott told me.
He’s doing this on purpose. Yes, he wants a recession.
That is not possible. A certain poster not to be named, but rhymes with frisbeehelterskelterfandango, assured me my sources eluding to this several days ago did not meet his rigid standards, thus could not be valid….
I didn’t think so, but now I am leaning yes. I believe I will have an answer by tax day.
If these tariffs stick, without question. It’s gonna be a bloodbath.
We're heading into a recession even if he backs off these new tariffs
Didn’t we just get out of a recession…and now he wants to go back into a recession? Wow, he’s not a very smart businessman. I wonder why he would do this?
Presidents often get too much credit and too much blame for the state of the economy, but that is not true in this case.
I don’t believe he would purposely tarnish his legacy. As most of you would probably agree, it’s the most important thing to him.
Have posted before, I’m really starting to believe he’s forcing this early to be able to blame it on Biden. Then he can take credit for the rebound.
If these tariffs remain in place, a recession is not just likely, it’s inevitable.
His followers will believe it too.
For sure. They will lie their asses off and MAGA will believe it all.
The trouble is 1) his approach to tariffs has always been simplistic and punitive; 2) he is fundamentally incapable of admitting to a mistake and 3) nothing is ever his fault.
What’s worse for point #1, he isn’t even doing correctly. They needed a Renoir but they gave us a little kid scribbling crayons.
“Things might be bad for a little while, but we’re okay with that, because we know that in the end these policies will drive markets into a deadly tailspin and push the economy to a point of no return. Trust me.
Some hardship now will only make your bank accounts more empty in the long run. If everything goes right, none of you will be able to afford food, housing, or retirement ever again.”
At press time, many of Trump’s most vocal defenders stressed that they trusted the president to usher in the greatest depression the nation had ever seen.
What is sad is that I had to look at it for more than a second to see it was an onion article.
He’s doing this to consolidate power. It’s what wannabe dictators do. They take wealth and power away from the people. Also…he isn’t bringing back jobs, he wants to bring robotic manufacturing back. Very few jobs.
LOLWUT?
He literally STARTED the fire. Economy was the envy of the Western World pre-election, Cletus.
It's pretty much baked in right now. Estimated first quarter numbers were already very weak at .3% with real GDP growth at -2.8% vs +2.4% in Q4 of last year. Q2 will likely be a disaster. Q3 and Q4 will depend on what the Dear Leader does with the tarriffs during this quarter but it doesn't look promising. A lot of folks are starting to predict negative growth for the year. This has only happened 3 times in the last 35 years (1991, 2008/2009 financial crisis, and 2020 during the pandemic).
Unlikely recoverable this year - the uncertainty is "baked in" now.
The ONLY fix is for the GOP and Congress to step up and remove him from office. Otherwise, things will be exceedingly messy for at least 2 yrs.
I’ve come to the conclusion for the all-in MAGAs, we are just screaming into the wind. They are so brainwashed they need to see their lives collapse before they admit they or Trump was wrong, or that what Trump did was so sloppy it caused all of this.
This will be Trump's recession. There is absolutely no way this one can be sane-washed away to blame Biden or the Democrats. Trump was bragging "it's already working" per the jobs report Friday.
And there will be no quick rebound if Trump maintains the tariffs. The Republicans doubled-down on their tariff policies with Smoot-Hawley in 1930 at the start of the Depression and it just further cratered the economy.
We're too polarized so no way it will happen again, but the Republicans went from having a 56-39 lead in the Senate after the 28 elections to down 59-36 after 1932 and at their lowest fell to 17 seats after the 1936 elections.
The MSM is still trying to sane wash the probable effects of all this (see the below NY Times story that is their top online headline today and that I posted to the NY Times pitchbot thread) but it's going to be catastrophic politically for the Republicans I think either way, whether Trump eventually reverses course or not--it's just too disruptive.
Also the current steely determined photo of Trump at the top of the NY Times page--the Times is going out of it's way to try and help in the destruction of the country:
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Economists TOLD YOU how this would play out months ago.
You are now seeing economists TELL YOU that's what is happening before your eyes.
I hope it sticks to him.This will be Trump's recession. There is absolutely no way this one can be sane-washed away to blame Biden or the Democrats. Trump was bragging "it's already working" per the jobs report Friday.
And there will be no quick rebound if Trump maintains the tariffs. The Republicans doubled-down on their tariff policies with Smoot-Hawley in 1930 at the start of the Depression and it just further cratered the economy.
We're too polarized so no way it will happen again, but the Republicans went from having a 56-39 lead in the Senate after the 28 elections to down 59-36 after 1932 and at their lowest fell to 17 seats after the 1936 elections.
The MSM is still trying to sane wash the probable effects of all this (see the below NY Times story that is their top online headling today and that I posted to the NY Times pitchbot thread) but it's going to be catastrophic politically for the Republicans I think either way, whether Trump eventually reverses course or not--it's just too disruptive.
Also the current triumphant photo of Trump at the top of the NY Times page--the Times is going out of it's way to try and help in the destruction of the country:
But I do think he could just declare victory and pull the tariffs back and the markets would respond positively. Then Trump team lies about we fixed Biden’s trade weaknesses and saved America and we have billions now coming in from other countries. They’ll just say it and the MAGAs will believe it. Like how DOGE saved “trillions.”
It’s such a joke and people are so blinded
I think it's too late. Trump is President for almost another 4 years. Other countries have to now account for the United States being led by a lunatic. And I don't think they can ever trust us again. We're just not a serious country, we made this nut President twice and right now no one is even attempting seriously to pushback on him. Definitely not the Democrats--and the Republicans? Hardy har har.
I debated between a laughing and sad emoji. I went with laughing.
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