Will Trump cause the next recession?

Started by TempAccount1 pages

Will Trump cause the next recession?

10 year yield collapses below 3-year in midst of Trump's Mexico Tarriffs

• An "inverted yield curve" has historically signaled a pending recession.
• Longer-term bonds pay higher yields, or returns, to investors than shorter-term bonds--with an inverted yield curve, those trends reverse.
• The yield curve is now the most inverted since 2007, before the Great Recession.

In 2015/2016 I knew Trump would be unpredictable on foreign policy, domestic issues, etc, but I had faith that trade and economy was the one area he would prevail given that a strong economy predicts re-election of a current president (and is the most important factor for overall standard of living).

Well looks like each passing week the prospect of a recession increases as Trumptard shoots himself and the US in the foot on trade.

We are already in a trade-war with China, and just yesterday the WH announced 25% tariffs on Mexico imports.

To Trumpy it doesn't matter that a significant number of American companies are based in Mexico or that US citizens are going pay a premium for this non-sense. No, pragmatism and common sense doesn't apply when it comes to making America great again!

"Will Trump cause the next recession?"

Absolutely. The problem is it may not really be felt hard until after 2021, so he'll either (likely) be gone and other people will have to mop up the mess or he'll have won (unlikely) and we'll have an orange clown leading us through a recession.

edit: Also, when Trump is out likely in 2021 that's when Republicans will once again be very concerned over high government spending, which we don't hear them making a fuss about now, cos that's short-term boosting the economy and making orange man look good

When will pigs fly? When will the earth explode? When will Hell freeze over? When will TempAccount get a functioning brain in his head? 😂

So proud of the job my president is doing. Trump/Pence 2020. 🙂

So very proud of:

^ Only you can relate an increase in the cost of living with a win.

So then it will be ok to Lay Blame at Obama's feet for all the recessions during his terms then as well?

Originally posted by Flyattractor
[b]So then it will be ok to Lay Blame at Obama's feet for all the recessions during his terms then as well? [/B]

Course not, Fly. Nothing bad that happens or has ever happened could ever ever be little Obammy's fault. Everything good that happens though you better believe he gets ALL the credit for it. Even if it happens years after he was kicked-out of office. 😆

Yes. Very True. It is a Well Known fact that the left are Never Responsible for the results of their Actions.

Funny how that works.