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In reply to the discussion: UPDATE: Stocks tank as another recession warning surfaces [View all]IronLionZion
(51,554 posts)If the US enters recession before the election, Trump will be finished. Watch for him to bully the Fed into another rate cut. They can't prop things up artificially for much longer. Rates are low, so there's less room to lower them for the next recession.
Dude's trade war is bad for everyone. His tax cuts haven't helped much and leaves less revenue to provide stimulus in the next recession. His hostile immigration policies are damaging America's economy. Rural America hasn't seen much improvement. Farmers have been screwed over. Not many coal and manufacturing jobs have come back.
Not many multinational corporations have "repatriated" their overseas profits like Trump falsely promised in his tax plan. That's not a thing. Ask anyone who knows corporate accounting and finance.