How bad do you expect the economy to be once Trump has departed the White House?

[kentuck]

We already see the shadows of a depression headed our way. The long food lines, the number of people losing their jobs, the lack of a necessary social safety net, and the total disregard by Republicans once they are no longer in power.

Americans may want to rejoice once the despot is gone, but his words and his actions will linger for as long as the cult can live.

As sure as the sun comes up tomorrow, Republicans will attempt to blame it all on Joe Biden and the Democrats. They will remind the American people of the "record number of jobs" and the "great economy" and the "stock market" that Donald Trump left the American people. They will leave out all the stark details of the suffering left behind.

America is not in a good place this Christmas. It is not only the pandemic that swamps our minds, it is the future of the economy and the questions about where we are going to live and what we are going to eat?

We must try to put this traumatic experience behind us and work together to rebuild our nation so that our people can live in peace and security. It will not be an easy journey, but we cannot permit ourselves to be dragged into the despair that Trump and the Republicans have created.

[mucifer]

1. Still has over 3 more weeks to start a war so I don't know

[walkingman]

2. It never fails. Every time a Republican becomes President they leave a damn mess to clean up.

[BlueJac]

3. True

[empedocles]

4. This 'con mess is collosal.

[mitch96]

5. Well I don't mind if the stock market drops a few points if in turn it helps people that are in need

The rich 1% have made enough money, time to spread it around and the people who make up the majority of this country.... At last check there are 11 MILLION millionaires in this country. Raise taxes on those "few" to help people... I doubt it will happen though... Powerful lobbies and legislation will stop it...... BUT I can dream can't I?
m

[LastLiberal in PalmSprings]

6. The Repugs will start raging about the deficits, blaming them on Biden and using them

to oppose any programs that assist real people. This will begin the afternoon of Jan. 20.

[Cirque du So-What]

7. You asked a question

but go on to predict economic disaster. I’ve read forecasts more robust than the Dracula stories touted by some economists. Remember, the roaring ‘20s came on the heels of another global pandemic. There’s a lot of pent-up demand from the pandemic in process.

[duforsure]

8. I think we'll see a huge market correction from trumps actions

And from his using the federal reserve funds to artificially prop up stocks, so with that stopped it will catch up to the markets. His refusing to get the stimulus bill signed is also making more small businesses to fail, and force into poverty millions more Americans. Plus the economic indicating numbers will return to being the real numbers again from trumps manipulating them. Plus any international conflict he can start to set up President Biden with, he'll try to do. I think we're in for hard times for a while, lasting much longer if Republicans keep control in the Senate. Its going to be a slow recovery from all the damage trump has caused us. With President Biden I think we're in good hands going forward.

[no_hypocrisy]

9. It will likely take more than two years to be stable and

secure for the majority of Americans.

[panader0]

10. I think the economy will continue to be bad for a while, then slowly but steadily recover.

Biden was with Obama when they dug out of the Bush recession. The recovery then could
have been much more robust except for the rich Republican corporation owners that tried
to stifle things to make a black guy look bad, i.e., not hiring, etc.
The recovery under Biden will be dependent, as he has said, on containing the covid. I have no
doubt things will improve. Much damage has been done--$600 or $1200 doesn't go far when you're
8 months behind on bills. The stimulus needs to be much larger, on a scale like European nations.
The tax cuts the rich got from trump, and even as far back as the ones Bush gave to the rich,
need to be rescinded. Infrastructure projects and alternative energy projects need to be started ala WPA
under FDR. Put people to work doing vitally needed service (not the wall).
trump's mission was to destroy as much as he could, but a strong spirit remains and we will pull
out of this.

[ProfessorGAC]

11. There Will Be No Economic Catastrophe

First, 78% of employment has run completely unabated during the pandemic. Another 12% has been sporadically operational.
Of course, that caused recessive effects, but with vaccines coming on line, full supply side function (meant literally, not the fake fiscal policy) will resume over 9-12 months.
Second, for those not affected by employment disruptions are seeing savings, therefore pent up demand. That demand will be satisfied by the increasing recovery of supply.
I admit I expected the recessionary pressures to be greater from the policies & pandemic failures in play. So the hole is not as deep as I thought it would be.
Third, there will be a restoration of consumer confidence (currently 88.6) as pandemic fears abate & professionals begin to manage fiscal matters, instead of idiotic ideologues like Munchkin (sic).
Fourth, I predict international trade will stabilize & improve now that economic diplomacy by nasty tweet will no longer be a thing.
There won't be an economic catastrophe, and the market correction will be modest, not huge.

[Demsrule86]

12. I think we are in a depression and the GOP have done nothing to try to prevent it...just

the opposite.

[LiberalArkie]

13. Could get bad with us being a capitalistic society.

If the Chinese buy all the meat from the factory farms, and produce from out west and in Mexico, I think it would get bad. And pretty easy to do.