Losing again (2): baby Donnie's train wreck of an economic policy

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jeanV
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Losing again (2): baby Donnie's train wreck of an economic policy

Post by jeanV » Tue Sep 18, 2018 5:18 pm

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The US economy will enter its 10th year of growth, a recovery from the 2007-9 recession.

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It means we're nearing the end of an expansion cycle, with an increasing risk of recession.

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So digging the deficit now as Trump does will reduce the ability to fight the next recession,

while trampling the GOP platform of fiscal responsibility Deficit hawks are dead

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Worse, the tax cuts sugar candy is increasing the already high Gini inequality index:

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While feeding a speculative bubble with P/Es in the danger zone:

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But there's funnier still, and even more incoherent: tax cuts are supposed to fuel the GDP,

but tariffs on Chinese goods will hurt the GDP growth (tariffs always backfire)

White House analysis says Trump's tariffs will hurt US economic growth

And the tariffs will especially hurt the spending power of the less affluent:

Trump could play Scrooge this holiday season


In summary, Trump's economic policy is

- certain to be counterproductive (tariffs)
- contrary to GOP policy (debt, tariffs)
- stokes political tension (Gini index)
- is ill timed (stimulus at cycle end)
- all that on credit (debt ratio)

The funniest part is that -fulfilling Fryer's wishes- this will crash and burn,

but that Trump will blame it all on the House which will turn Dem this year.

Because Trump is a mature, responsible statesman.

:lol:

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Benedict Arnold Trump is a conceited idiot: Lock him up!!

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PistolPierre
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Re: Losing again (2): baby Donnie's train wreck of an economic policy

Post by PistolPierre » Tue Sep 18, 2018 10:02 pm

Jean Trump really is simply waging a race war. He must really hate Asians. Someone told him that the ancient ancestors of the Mexicans came to the West from Asia. He is going to make everybody worse off. I blame the Arabs, the Iranians, Ross Perot, Ralph Nader, Dubya, and Obama. The Arabs and Iranians sabotaged Carter. Perot sabotaged Bush the elder. Nader sabotaged Gore. Dubya destroyed civilization and elected Obama. Obama elected Trump. Truly awful political elites.

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Mikgof
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Re: Losing again (2): baby Donnie's train wreck of an economic policy

Post by Mikgof » Tue Sep 18, 2018 11:50 pm

jeanV wrote:
Tue Sep 18, 2018 5:18 pm



The US economy will enter its 10th year of growth, a recovery from the 2007-9 recession.



It means we're nearing the end of an expansion cycle, with an increasing risk of recession.


So digging the deficit now as Trump does will reduce the ability to fight the next recession,

while trampling the GOP platform of fiscal responsibility


Worse, the tax cuts sugar candy is increasing the already high Gini inequality index:


But there's funnier still, and even more incoherent: tax cuts are supposed to fuel the GDP,

but tariffs on Chinese goods will hurt the GDP growth (tariffs always backfire)


And the tariffs will especially hurt the spending power of the less affluent:




In summary, Trump's economic policy is

- certain to be counterproductive (tariffs)
- contrary to GOP policy (debt, tariffs)
- stokes political tension (Gini index)
- is ill timed (stimulus at cycle end)
- all that on credit (debt ratio)

The funniest part is that -fulfilling Fryer's wishes- this will crash and burn,

but that Trump will blame it all on the House which will turn Dem this year.

Because Trump is a mature, responsible statesman.

:lol:
Great isn't it. I'd love to think that Trump was the London candidate. That would be our greatest ever coup. Unfortunately, it's Putin that can take credit for bringing America to her knees.
Surrealism is the new normal

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Poo Jogger
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Re: Losing again (2): baby Donnie's train wreck of an economic policy

Post by Poo Jogger » Wed Sep 19, 2018 12:59 am

Jean only has to step outside his front door.


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jeanV
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Re: Losing again (2): baby Donnie's train wreck of an economic policy

Post by jeanV » Wed Sep 19, 2018 3:32 am

Poo Jogger wrote:
Wed Sep 19, 2018 12:59 am
Jean only has to step outside his front door.
Whatever.

Who cares?

:P

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Benedict Arnold Trump is a conceited idiot: Lock him up!!

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