General Discussion

Yavin4

(37,182 posts)

44. 1. Trump's economic and domestic agenda

Wed Nov 20, 2024, 05:13 PM

Nov 2024

2. Potential for the return of inflation
3. Federal interest rates hikes to curb inflation
4. Potential default on national debt due to not raising the debt ceiling
5. Curtailing of vital social programs like the ACA
6. Other - gross incompetent management of key govt functions which makes us vulnerable to negative events such as 9/11 and covid.

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We're about 12-13 months away from a long term economic decline. [View all] Yavin4 Nov 2024 OP

Do you think we have a year of somewhat a normal economy? Irish_Dem Nov 2024 #1

We'll be on Biden's economy through Aug-Sept of 2025. Yavin4 Nov 2024 #8

Thank you very much. Irish_Dem Nov 2024 #10

The cost of housing will probably go up. Jk23 Nov 2024 #18

Yes definitely for new housing. Irish_Dem Nov 2024 #19

If that is the case, we should do well in the midterms. Nt Fiendish Thingy Nov 2024 #2

Trump will need a major distraction in 2026 to save Republicans in congress. Yavin4 Nov 2024 #9

Disagree... WarGamer Nov 2024 #20

He needs something bigger than that. Yavin4 Nov 2024 #21

Nutanyahoo will do all he can to kill it. roamer65 Nov 2024 #41

Already preparing. Starting to cut back on big expenses/big ticket items (not that I really have any now), and SWBTATTReg Nov 2024 #3

And it will probably occur a lot sooner... Wuddles440 Nov 2024 #4

I think it will happen even sooner than that Wiz Imp Nov 2024 #5

Agree, Trumpism is terrible business. radius777 Nov 2024 #33

Putin will be delighted Walleye Nov 2024 #6

Agree, but think it will happen sooner bucolic_frolic Nov 2024 #7

This ☝️☝️☝️☝️☝️ roamer65 Nov 2024 #42

'Thanks.' elleng Nov 2024 #11

THIS !!! Great time to sit in bonds, I'm at the age I can miss a 10% up vs take a 10% dip but at 5% bond returns I'd can uponit7771 Nov 2024 #12

He can activate the tariffs and start the deportations on January 20. We'll feel the effects within a few weeks. LonePirate Nov 2024 #13

I've heard Norm Ormstein estimate the collapse would being within 3-6 months. (nt) Earthrise Nov 2024 #14

I can see that. Yavin4 Nov 2024 #15

Tariffs and also undocumented laborers return to their countries to avoid being violently removed? Earthrise Nov 2024 #17

I agree with you that there will be an economic crisis during Trump's Jspur Nov 2024 #16

Bush got zero interest rates after 9/11 Yavin4 Nov 2024 #22

I wonder who he'll put up for Treasury Secretary flamingdem Nov 2024 #23

Everybody is on pins and needles about this pick. Yavin4 Nov 2024 #24

Big Bird, no really it'll be Big Bird... Who'll be his best pick uponit7771 Nov 2024 #25

(Kan)Ye would be on brand. (nt) Pinback Nov 2024 #29

It will be basically immediate if the tariffs are going to happen. dchill Nov 2024 #26

This depends greatly on how fast they enact their plans relayerbob Nov 2024 #27

Agree! Make big purchases now. crimycarny Nov 2024 #28

Definitely 👍 roamer65 Nov 2024 #39

Interesting discussion. yellow dahlia Nov 2024 #30

Don't even consider a house until 2026 or 2027. roamer65 Nov 2024 #40

i'd say 6 months after he's sworn in Takket Nov 2024 #31

Retail sales are already slowing down at an upscale mall I work part time at, Freethinker65 Nov 2024 #32

You haven't seen anything yet. roamer65 Nov 2024 #38

It will start in December 2025. Eko Nov 2024 #34

The standard of living in the USA peaked in 1968 GreatGazoo Nov 2024 #35

You say this based on what exactly? VegasVet Nov 2024 #36

1. Trump's economic and domestic agenda Yavin4 Nov 2024 #44

March to May 2025. roamer65 Nov 2024 #37

Decline? These fucking idiots are going to usher in Great Depression 2.0: Depression Harder. Initech Nov 2024 #43

I'm watching the market carefully... bif Nov 2024 #45