What economic recession?

[Counselor706]

From the moment that Donald Trump won the 2016 presidential election, the mainstream media has been chattering incessantly about a major recession that is supposedly just around the corner. As the country awoke to news of Trump’s victory, the stock market rocketed upwards, yet arch-liberal economist Paul Krugman inexplicably prophesied that “We are very probably looking at a global recession, with no end in sight.” Less than a week later, he was writing about an impending “Trump slump.”

Krugman wasn’t alone. USA Today also thought a recession was on the way, merely because Trump was a Republican — and that was more than two months before President Trump even took office. Two months after his inauguration, despite strong growth and impressive job creation, the media still hadn’t changed their pessimistic tune. In 2018, Never Trumper Quin Hillyer was certain that recession was finally on the horizon because of the President’s strategic counter-tariffs. “Get ready for rough times,” he wrote, predicting the crash would come in “late-October” and advising people to “Buy gold, hoard cash, and stock up on good canned foods.”

When December 2018 came and still no recession had arrived, economist Evan Kraft absurdly accused President Trump of readying a “scapegoat” for his eventual failure. Throughout this whole time period, economic growth has been strong. Unemployment is at historic lows, and wages are growing at the fastest rate in over a decade. By virtually any conceivable measure of economic progress, the Trump presidency has been a resounding success from the very beginning.

Yet, here we are again. This month, it’s the inverted yield curve on treasury bonds that has journalists absolutely convinced we’re headed off the economic cliff. The poorly concealed glee that America’s press corps is expressing at the thought of economic calamity is unconscionable. The thought that millions of Americans might be plunged into hardship seemingly does nothing to dampen their excitement over the one thing that would give Democrats a chance of defeating Trump in the 2020 election.

Source

 

[ericandshannon]

.......

 

[SpeareChucker]

Those whom keep predicting recession will eventually be right.

They are just praying that it will be near term...

 

[Mello_SixtyNine]

For a true economic recession, we need two consecutive negative quarters. We have not had one negative quarter yet.

 

[von_Bismarck]

Those whom keep predicting recession will eventually be right.

They are just praying that it will be near term...

*who, not whom

 

[Kantarii]

So Democrats are starting to root for a recession to get rid of Trump. Are they too ignorant to realize the “rich” don’t “suffer” in a recession?

It all boils down to regaining “power” at any cost.

https://apple.news/AfNfiJaFORISId0POXHM7Qw

Careful what you wish for.

What happens when there is a recession and Trump still gets re-elected?

 

[Liar]

So Democrats are starting to root for a recession to get rid of Trump. Are they too ignorant to realize the “rich” don’t “suffer” in a recession?

It all boils down to regaining “power” at any cost.

https://apple.news/AfNfiJaFORISId0POXHM7Qw

Careful what you wish for.

What happens when there is a recession and Trump still gets re-elected?

Could you post a link that goes to something that doesn't just look like this:

Open this story in Apple News.
For the best reading experience, open this story on a device with Apple News. It may also be available on the publisher’s website.

Learn more about Apple News

 

[Kantarii]

Could you post a link that goes to something that doesn't just look like this:

Do your own leg work.

 

[Liar]

Do your own leg work.

No. Post links that work if you want people to read' em.

I'm not downloading an app for my non existent Apple product just to see what you want to share.

 

[Rightguide]

Source

Outside the rubber walls of the NYTs Cuckoo's Nest, Krugman has no real credibility.

 

[Rightguide]

So Democrats are starting to root for a recession to get rid of Trump. Are they too ignorant to realize the “rich” don’t “suffer” in a recession?

It all boils down to regaining “power” at any cost.

https://apple.news/AfNfiJaFORISId0POXHM7Qw

Careful what you wish for.

What happens when there is a recession and Trump still gets re-elected?

The left would destroy the economic well being of every American if it meant they could destroy the presidency of Donald Trump.

 

[HisArpy]

No. Post links that work if you want people to read' em.

I'm not downloading an app for my non existent Apple product just to see what you want to share.

Not his fault you can't keep up with the rest of the class.