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Response to progree (Reply #24)

Fri Jun 1, 2018, 11:24 AM

25. We're definitely due for a recession - or at least a massive correction.

I believe this is actually the longest period of growth we've experienced without a recession in a long, long, long time.

It'll happen regardless. It's pretty inevitable to be honest. The question is whether it'll happen this year, 2019, 2020 or Trump lucks out and it happens at the start of his second term.

I think Trump is toxic but nothing makes people forget quite like economic expansion. To be honest, had the economy slowed significantly under Clinton in the late 90s like it eventually did in Bush's first two years, I'm not sure he survives the whole Lewinsky affair - and he certainly wouldn't have survived it if the bottom fell out like it did at the end of the Bush presidency. But the growth was significant enough that people turned a blind eye to it.

Trump won't sail to reelection but if the economy is still as good as it is today, he'll be very hard to beat because Americans will by in large ignore it if their 401K is performing well enough. The fact is, I've heard it. I've heard it from people who don't like Trump at all - who find him a disgusting human being. These are people who will openly tell you they don't trust him, like him or respect him.

But their qualifier is always, "still...if my 401K continues to perform this well, he can do whatever he wants!"

That'll be what Democrats will be facing in 2020 if the economy remains strong.

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BumRushDaShow Jun 2018 OP
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progree Jun 2018 #24
LineLineLineLineReply We're definitely due for a recession - or at least a massive correction.
Drunken Irishman Jun 2018 #25
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