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Mon Aug 13, 2018, 11:20 AM

Economist on Salon: "I hope to god we have a downturn when Donald Trump goes up for reelection."

Mainstream economists no longer mince words:

Salon:
https://www.salon.com/2018/08/12/the-end-is-near-a-play-by-play-of-the-coming-economic-collapse/

I hope to god we have a downturn when Donald Trump goes up for reelection. The political models say that rate of change is highly correlated to throwing out an incumbent. Not that I hope for people to lose jobs, but I sure do hope for all our sake's we get rid of that guy.

"Trumpís tax cuts, even though theyíre going to the wrong people to stimulate the economy strongly (the rich donít spend anywhere near as much of any change in their incomes as the poor), will still stimulate it a bit [just before a downturn]."

"...workers have no bargaining power these days."


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Reply Economist on Salon: "I hope to god we have a downturn when Donald Trump goes up for reelection." (Original post)
DemocracyMouse Aug 2018 OP
genxlib Aug 2018 #1
DemocracyMouse Aug 2018 #2
lagomorph777 Aug 2018 #4
CanonRay Aug 2018 #3

Response to DemocracyMouse (Original post)

Mon Aug 13, 2018, 11:23 AM

1. I read that and cringed

It is not a good look when a Trump detractor is rooting against the US economy.

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Response to genxlib (Reply #1)

Mon Aug 13, 2018, 11:28 AM

2. Sadly, all the economists expect an eventual downturn (so at least time it to boot the tumor)

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Response to DemocracyMouse (Reply #2)

Mon Aug 13, 2018, 12:03 PM

4. Trump's horrible economic policies WILL cause a downturn.

The only question now is the timing. Better to have it happen when it can cause maximum damage to Trump and his GOP cronies.

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Response to DemocracyMouse (Original post)

Mon Aug 13, 2018, 11:31 AM

3. 3...2...1...and Alex Jones is off an running

Economists and Deep State plot to crash economy before election!!!!

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