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DemocracyMouse

(2,275 posts)
Mon Aug 13, 2018, 11:20 AM Aug 2018

Economist on Salon: "I hope to god we have a downturn when Donald Trump goes up for reelection."

Mainstream economists no longer mince words:

Salon:
https://www.salon.com/2018/08/12/the-end-is-near-a-play-by-play-of-the-coming-economic-collapse/

I hope to god we have a downturn when Donald Trump goes up for reelection. The political models say that rate of change is highly correlated to throwing out an incumbent. Not that I hope for people to lose jobs, but I sure do hope for all our sake's we get rid of that guy.

"Trump’s tax cuts, even though they’re going to the wrong people to stimulate the economy strongly (the rich don’t spend anywhere near as much of any change in their incomes as the poor), will still stimulate it a bit [just before a downturn]."

"...workers have no bargaining power these days."


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Economist on Salon: "I hope to god we have a downturn when Donald Trump goes up for reelection." (Original Post) DemocracyMouse Aug 2018 OP
I read that and cringed genxlib Aug 2018 #1
Sadly, all the economists expect an eventual downturn (so at least time it to boot the tumor) DemocracyMouse Aug 2018 #2
Trump's horrible economic policies WILL cause a downturn. lagomorph777 Aug 2018 #4
3...2...1...and Alex Jones is off an running CanonRay Aug 2018 #3

lagomorph777

(30,613 posts)
4. Trump's horrible economic policies WILL cause a downturn.
Mon Aug 13, 2018, 12:03 PM
Aug 2018

The only question now is the timing. Better to have it happen when it can cause maximum damage to Trump and his GOP cronies.

CanonRay

(14,101 posts)
3. 3...2...1...and Alex Jones is off an running
Mon Aug 13, 2018, 11:31 AM
Aug 2018

Economists and Deep State plot to crash economy before election!!!!

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