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left-of-center2012

(34,195 posts)
Sun May 24, 2020, 12:15 PM May 2020

Trump: Trust me, economy will soar in 2021

As the economy faces a once-in-a-century recession, with more than 38 million people out of work, Trump is increasingly talking up a future recovery that probably won't materialize until after the November election. He's asking voters to look past the pain being felt across the nation and give him another four-year term on the promise of an economic comeback in 2021.

“It’s a transition to greatness,” Trump says over and over, predicting a burgeoning economy come the fall. “You’re going to see some great numbers in the fourth quarter, and you’re going to end up doing a great year next year."

His chief economic adviser, Larry Kudlow, echoes the wait-until-next-year sentiment, holding out hope for a “big bang 2021.”

Trump has also pledged to release a Republican health care plan after the November polls close —
despite having served more than three years in office without revealing the Trump healthcare plan.

https://abcnews.go.com/Politics/wireStory/trumps-pitch-voters-trust-economy-soar-2021-70856510

13 replies = new reply since forum marked as read
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Trump: Trust me, economy will soar in 2021 (Original Post) left-of-center2012 May 2020 OP
...and you won't be prez anymore Miigwech May 2020 #1
Joe will be able to take credit for the 2021 recovery, just like the Obama/Biden recovery in 2009. sop May 2020 #5
People who deal in facts don't have to say "Believe me, trust me" over and over. tanyev May 2020 #2
Pathological lying, bleach drinking, murderous fuck said what?!? onecaliberal May 2020 #3
They keep pushing it further out- dawg day May 2020 #4
Plus one month. Q3 would start July 1st. House of Roberts May 2020 #8
Oh, thanks... that makes more sense! dawg day May 2020 #12
Gdp will almost certainly go up big, but unblock May 2020 #6
He means that he'll be able to cash in bigly. greatauntoftriplets May 2020 #7
I agree kevink077 May 2020 #9
this is fine edhopper May 2020 #10
LOL. He lost me at "trust me." Laelth May 2020 #11
Depression is where we're headed on the tRump train lettucebe May 2020 #13

sop

(10,102 posts)
5. Joe will be able to take credit for the 2021 recovery, just like the Obama/Biden recovery in 2009.
Sun May 24, 2020, 12:24 PM
May 2020

dawg day

(7,947 posts)
4. They keep pushing it further out-
Sun May 24, 2020, 12:22 PM
May 2020

Kudlow was earlier muttering about 20% growth in Q3, which begins in... 1 week.

House of Roberts

(5,162 posts)
8. Plus one month. Q3 would start July 1st.
Sun May 24, 2020, 12:32 PM
May 2020

Government fiscal year starts Oct.1st, so Q1 is Oct.-Nov.-Dec.
Q2 would be Jan.-Feb.-Mar. and Q3 would be Apr.-May-Jun. then Q4 would be Jul.-Aug.-Sep.

dawg day

(7,947 posts)
12. Oh, thanks... that makes more sense!
Sun May 24, 2020, 12:57 PM
May 2020

I don't see what Kudlow sees, but then, I'm not sure I'd want to focus on Trump's big kiss-inviting azz.

unblock

(52,117 posts)
6. Gdp will almost certainly go up big, but
Sun May 24, 2020, 12:29 PM
May 2020

that won't mesh with most people's idea of an economy "soaring" as mostly it will be just getting back to where we were pre-crisis.

kevink077

(365 posts)
9. I agree
Sun May 24, 2020, 12:33 PM
May 2020

2021 will be a good year as Biden and his administration will clean things up as the economy soars and we are no longer the laughingstock of the world.

Laelth

(32,017 posts)
11. LOL. He lost me at "trust me."
Sun May 24, 2020, 12:43 PM
May 2020

I don’t trust him at all. In addition, my gut tells me that we will be in the GREAT DEPRESSION 2.0 in 2021. He’s full of shit.

-Laelth

lettucebe

(2,336 posts)
13. Depression is where we're headed on the tRump train
Sun May 24, 2020, 05:09 PM
May 2020

There is no way the economy will recover anytime soon; millions will never return to their earlier jobs. Hundreds of thousands of small businesses will be forced to go bankrupt. Millions of vendors supplying all these failing businesses will also be in trouble. The trickle this time is up.

Sadly we must wait until Jan 20 to begin to do something about it and by then the die will have been cast

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