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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.
"Trumps tax cuts, even though theyre going to the wrong people to stimulate the economy strongly (the rich dont 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
Sadly, all the economists expect an eventual downturn (so at least time it to boot the tumor)
DemocracyMouse
Aug 2018
#2
genxlib
(5,524 posts)1. I read that and cringed
It is not a good look when a Trump detractor is rooting against the US economy.
DemocracyMouse
(2,275 posts)2. Sadly, all the economists expect an eventual downturn (so at least time it to boot the tumor)
lagomorph777
(30,613 posts)4. Trump's horrible economic policies WILL cause a downturn.
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
Economists and Deep State plot to crash economy before election!!!!