I'm starting to think that Pelosi is waiting

[blur256]

For the economy to implode. That's the only thing the orange one can tout (even though WE all know it was from Obama). But experts are saying a recession is imminent, and a bad one. Ad early as late this year.

I'm already seeing it. I do recruiting for manufacturing companies. I had a candid phone call with one of my clients today. She said they just don't have business. And she wasn't the only one. I used to have at least 10 job order at a time plus 30 people working under me. Now, I have one job order and 15 people.

Every company I talk to says the same thing. They are just slow. And they have no optimism it will pick up. In fact one of my companies won't roll over their current temps because they also think they may have to lay people off.

And it isn't just me. My cowker's company just laid off 7 people in the last two weeks. I don't buy the stock markets optimism. This economy is going to crash and crash hard. All thanks to the idiot in office.

I hate to say it, but maybe that will be the nail in the coffin. I hope not because a lot of people are going to lose jobs and money. But maybe that is what will spur Pelosi on finally? I can't imagine the base of asshole will go for a plunging economy. Thoughts?

[NRaleighLiberal]

1. Cult members are nearly impossible to deprogram.

[blur256]

5. True

Unfortunately. But if they see their bank accounts drained... I dunno. Toss of a coin I suppose

[Iliyah]

2. Speaker of the United States of Representatives,

Nancy Pelosi gets under t-rump skin.

It drives him into more madness, and he is already crazy as hell.

[blur256]

6. I know

And I love her for that.

[True Dough]

3. It's a risky strategy

but we are due for a recession. They happen in cycles, but without precise timing, of course. Over 10 years now since the 2008 meltdown. And Donny's tariff battles are bound to have some repercussions.

[blur256]

8. I agree

But I would like to point out that recessions usually happen in Republican governments. Trickle down my ass

[True Dough]

13. Yes, but

if they occur late in a term then the Dems are there to sop up the mess, like Obama inherited. And Donny whined that he had it bad! What a jerk.

[blur256]

16. He is the Worst! Agreed

But unfortunately I can see the recession on the horizon.

[enough]

17. On the other hand, Obama won because the Bush2 economy has just imploded. NT

[empedocles]

4. The Speaker is monitoring, and guiding, many factors.

Timing is a major political stock in trade, and Pelosi has a good feel for it. 'Support', in its many manifestations is key.

[blur256]

10. I trust her

I honestly do. Can you imagine an impeachment if the economy is tanking?

[empedocles]

20. I trust the Speaker, her teams, her sense of WHEN impeachment would work best.

I fear the rush to judgement crowd, some of whom have been advocating go with all we got, for a long time.

That crowd, may be the unintended kind of asset to the 'cons; that the deplorable trump/crowd is to the Dems.

[blur256]

22. No I totally agree with you

I think she is just waiting for the right moment. She is smart and meticulous. I was just giving out my observation. I'm team Nancy all the way

[Phoenix61]

23. Me too.

I think she is waiting for that moment when she can say, “I hoped this wouldn’t be necessary but it is clear that we have no choice but to file articles of impeachment against President Trump.” I also think she is doing everything she can to make it happen, quietly behind the scenes.

[blur256]

25. Yep

Thank you

[StarfishSaver]

29. +1

[Kurt V.]

7. bubble and bust is the way of modern American economics. which ripples across our

trading partners and beyond. if pelosi is purposely waiting for that she's the best economist ever.

[blur256]

11. I'm not saying that

Is all she is waiting for. But it would be good timing. The economy tanks. Who is to blame? Trump.

[Kurt V.]

18. you said yourself that it would cause harm. Let's hope for a different boondoggle

to bring trump down.

[blur256]

19. No trust me.

I totally agree with you. If this eceonmy tanks I lose my job. I don't want that to happen. I just am afraid it will.

[UTUSN]

9. The Speaker ain't a cheap cynic.

[blur256]

12. Didn't say she was

[Wellstone ruled]

14. Some hard info must have dropped on her desk

dealing with the Illegal in the White House. After paying Attention Speaker Pelosi for all these years,she does not just make statements unless she has the facts at hand. So are we going to see some new info of major Criminality in the coming week? Thus the Prison Comment. If you have ever studied Ply Sci,this is a Career Killer unless one can have proof positive.

[comradebillyboy]

15. If we go into a recession this fall or the Mexico sanctions

cause too much economic damage Trump will be greatly weakened. Fall might be a better time to look at impeachment.

[blur256]

21. That's what I'm saying

Agreed

[empedocles]

24. The stock markets may not reflect the 'weakening' economy, as it is

not doing now. A 'high stock market' will, to some degree mask economic weakness, by market 'influencing'. Special tax breaks for insider trading [key executives with lucrative stock options, etc.], and the anticipation by trumpster financial experts of future manipulations that will keep the stock markets 'up' - with correlating corporate support [buybacks, etc.]

This could be a nasty war, on many fronts. Many, including DUer's, are seemingly relatively unaware of current market manipulations.

[Markets, could of course fall; and trump anticipated counter moves including national 'Emergencies' may also fall short, of course. Don't want to depend on it . . . of course].

[blur256]

27. Exactly

Not everything is as it seems with the stock market

[Irishxs]

26. Steve Rattner says recession is coming. I believe him and his charts.

[blur256]

28. I have read several forecasts saying this

And they all say it could be really bad this time. Really bad.

[Bayard]

30. I'm also a recruiter

25+ years. Mostly in medical device, some pharma and biotech. The business has been weird and uneven for awhile now, on both the candidate and client company side. Candidates accepting a job offer, and then backing out at the last minute. Companies putting candidates through multiple interviews, telling us they are going to make the person an offer, then deciding not to--again at the last minute.

Big recession is a pretty scary scenario.

[blur256]

32. Yeah same here

It's pretty scary. My boss who has been in the recruiting business all of his life (and he is in his 60s) said he has never seen it this bad before. He is super worried he might have to pay people off. And that would be me because I was the last person hired. I'm actually starting to look for new jobs just in case.

[ooky]

31. The PMI index is a leading indicator for expansion/contraction in the economy.

Forecasts over 50 are generally considered an expanding economy, under 50 consider a contraction. While still over 50, the curve is declining.

https://tradingeconomics.com/united-states/business-confidence