Is it fair to say, then, that Fox News also reeks of “hope and glee?” Because they have a story on their home page right now talking about not only the same data provided in the OP, but also a number of other data points that may indicate an upcoming recession.
Why is Fox cheering for a recession, @WuWei?
Dotard says it’s the Feds fault. LOL.
The warning signs are there.
I think it’s very smart to avoid talking about the economic indicators that are pointing to a recession and instead insinuate that people are cheering for it (when those same people would suffer just like everyone not rich).
Trump fanboys are real. Don’t let anyone tell you different.
Trump lovers obviously will do anything to distract and delfect any blame from their dear-leader.
Yeah. There’s no real stimulative room under the interest rate. The fed started to build up some room but didn’t get very far.
We already doubled the deficit, so there’s no real room there.
Republicans will become Republicans again about the debt the moment the recession is in someone else’s hands. It’s what they do.
If we do go into a recession will Trump supporters blame him? After all they give him all the credit for economic success so far.
Yeah I know, to expect intellectual honesty from a trump supporter is expecting a bit too much.
Should a recession happen I wonder who will be the first to post that the economy is not really a concern for them because they voted for Trump to do …
Well I’ve already seen someone move from the importance of 3% GDP growth to it slowing down and now believing that GDP growth doesn’t really affect individuals.
Trump wants to trade war his way to 0% interest rates so he can “win”.
Literally.
The amount he saves personally when interest rates decline is substantial.
All the left has their fingers crossed…
Dow down 750
People are just mad that Trump and Kim are friends, they don’t want them to have a fun relationship.
What has trump done for the economy or the average American
He gave huge tax cuts to corporations which blew up the deficit despite his claims the would pay for themselves
He started a trade war that has cost Americans billions and has crippled farmers
He’s managed to have worse stock market returns than Obama
The trade deficit hasn’t dropped despite his tariffs
All the right has their fingers crossed…
We all know the deficit was predicted to rise like this long before Trump showed up. We also all know the tax cuts are a tiny portion of the deficits. If you don’t know that, it’s poor education or fake news fooling you again…
See, never Trump’s fault.
“Not only will this tax plan pay for itself, but it will pay down debt,” Treasury Secretary Steven Mnuchin asserted as Congress debated the Trump tax cut. Mnuchin named two factors — increased economic growth and reduced corporate tax avoidance — that would offset revenue losses from lower rates.
“We fully anticipate,” said Senate Majority Leader Mitch McConnell, “this tax proposal in the end to be revenue neutral for the government if not a revenue generator.”
In June, six months after the tax cut passed, Cohn’s successor, Larry Kudlow, claimed the deficit “is coming down rapidly” due to economic growth. Now, the government Trump oversees has demonstrated the opposite.
fake news
The tax cuts to our president, personally, were substantial.
How totally ■■■■■■ up would it be if Trump is running this entire con so that he can make a few extra million dollars personally.
That he did this whole presidential thing just so he could make some extra cash.
