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PatrickforO

(15,399 posts)
19. Not necessarily.
Sun Aug 25, 2019, 03:33 PM
Aug 2019

The impeachment inquiry is happening now. They can still hold up a vote on actual articles for some time.

In the meantime, the economy that Obama left and Trump has systematically undermined is getting soft. We're in for a significant downturn, and an increasing number of indicators are showing weakening, slowing.

Moodys, the Fed and others are now predicting at the least a major slowing in job growth. It will happen as Trump keeps screwing around with this trade war, and will be exacerbated by the grossly irresponsible tax cut for billionaire donors coupled with feckless across-the-board deregulation. There are a bunch of bubbles out there, and when they all burst, it will be akin to what happened in '08.

I believe this recession will hit in just a couple of months - toward the end of this year, and it will deepen through the first quarter of 2020. It will be a time of economic misery with high unemployment and a government incapable of doing what will need to be done to make itself the spender of last resort. Demand will go down, down, down, and layoffs will increase over months.

There will be massive social unrest because 8 of 10 Americans cannot even sustain $400 in unplanned expenditures. If a recession hits and millions are laid off, and unemployment has to be cut because of the unsustainable Trump national debt, rioting will happen across the nation.

At the same time, the impeachment hearings will be bringing up crime after crime, and the public will be exposed to that, and they will rightly blame Trump and the Republicans. So, if the articles are passed by the House, say in October, in a time of economic misery for most Americans, the country will be painted blue in November.

Those are my prognostications, at least.

Recommendations

0 members have recommended this reply (displayed in chronological order):

The media is making a fortune from trump's presidency. NRaleighLiberal Aug 2019 #1
In fact, media is making a mockery of Trump, who constantly attacks it... Jeffersons Ghost Aug 2019 #6
Not necessarily. PatrickforO Aug 2019 #19
Agree with you on most... N_E_1 for Tennis Aug 2019 #20
Yeah, no shit, man. I'm 60 years old - too old for that kind of thing, for sure. PatrickforO Aug 2019 #24
We also know that Eyeball_Kid Aug 2019 #26
Once we win kozar Aug 2019 #2
Impeach the motherfucker! triron Aug 2019 #4
But but but but the Senate! Kid Berwyn Aug 2019 #3
I expect a huge crowd of protesters at the Senate Building, INdemo Aug 2019 #17
They are there to fill airtime Sherman A1 Aug 2019 #5
and ads from law firms about last month's (oops) drugs Hermit-The-Prog Aug 2019 #9
Are you kidding? MSNBC has been beating the impeachment drums for months redstateblues Aug 2019 #7
Not the only way the OP is off-base FBaggins Aug 2019 #11
Dayum you! BootinUp Aug 2019 #12
For Trump, and others, it's important to attack the media jberryhill Aug 2019 #13
"Media shocked that residents trapped in burning home want to call fire department" Takket Aug 2019 #8
Great! triron Aug 2019 #10
That's not what I've seen on MSNBC. Of course, I watch the brightest & avoid C Todd &A Mitchell Hekate Aug 2019 #14
All the hosts are forced to read the Comcast Corporate Mafia Media INdemo Aug 2019 #15
Do you have a link for that assertion? Hekate Aug 2019 #16
OMG...NBC/MSNBC is owned by Comcast INdemo Aug 2019 #18
It's rather obvious that Rachel isn't reading off a right-wing script. TwilightZone Aug 2019 #21
I didnt say she was reading from a script ..I said she no doubt she has certain limitations... INdemo Aug 2019 #28
So, no link. No study. Just a smear of Rachel Maddow, Nicolle Wallace, & their guests. Hekate Aug 2019 #22
Majoriity polled as summer heats up OPPOSE impeachment, 59% according Hortensis Aug 2019 #23
Well what do you expect with the typical unthinking moronic American? triron Aug 2019 #25
Eh? Eyeball_Kid Aug 2019 #27
Well, the house has begun the impeachment inquiry. Hortensis Aug 2019 #29
When? Proud Liberal Dem Aug 2019 #30
About a month ago? The process is that the judiciary Hortensis Aug 2019 #31
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