Are You Prepared For The Trump Recession?

Marky Mark, how many businesses has Trump owned in his career?  I'll expect no informative or educated answer.

Also, where did you come up with $400 million that he inherited?  I've seen $250-$300 million.  But let's not get the facts in the way of a good story.

The curve inversion is simply a reflection of long term market sentiment.  Collectively, all investors speculate the economy is weakening and will need to lower interest rates in the future.  Thats why the long term rates get cheaper than the short term ones. 

In summary - its the street that is making the prediciton of recession (not liberals)....and historically they're right more often than not.

I have alot of money in US equities, bonds, metals....and a significant bet on Alibaba in China.    Its definitely in my best interest for our economy and trade relations to find a prosperous path forward.    But people who ignore  the lessons of markets past are going to be left without a chair when the music stops.

Now this is funny.....Epstein / WikiPedia related

https://twitchy.com/brettt-3136/2019/08/10/someone-made-a-short-lived-edit-to-wikipedias-suicide-watch-page-saturday/

If Democrats were really interested in our economic health they'd pass the USMCA which will help offset trade losses with China.  Estimates are 176,000 new US jobs and +$68 Billion for the economy.  Democrats are more interested in Smearing Trump than passing legislation that will actually help American Workers.

Estimates from who?   The people who estimated the tax cuts would pay for themselves?

USMCA = NAFTA

If you think what made NAFTA the "worst trade deal in history"  was dairy farmer access to Canada then the new NAFTA is a big winner.   Otherwise its the same agreement with a new name.   And thats really all it takes to get Republicans on board.

Its like when Kentucky renamed "Obamacare" in their state to "KY-Connect".    The populace hated the former and loved the latter ignorant of the fact they were the same thing.

That game works well on uninformed people.  

Estimates from who?  Why that would be from the United States International Trade Commission as required by section 105(c) of the Bipartisan Congressional Trade Priorities and Accountability Act of 2015.  Used to be a time when Democrats supported efforts to add jobs, raise wages of the working class and improve our economy. That was before it was more important for them to smear President Trump than actually help Americans.   Although the USMCA isn't going to magically bump us up to 4 percent growth, it's clearly a positive for the economy and the Democrats in the House have refused to take it up.  Why is that?  Because preventing Trump any win is more important to them than giving the American people a win.

"The Commission’s model estimates that USMCA would raise U.S. real GDP by $68.2 billion (0.35 percent) and U.S. employment by 176,000 jobs (0.12 percent). The model estimates that USMCA would likely have a positive impact on U.S. trade, both with USMCA partners and with the rest of the world. U.S. exports to Canada and Mexico would increase by $19.1 billion (5.9 percent) and $14.2 billion (6.7 percent), respectively.U.S. imports from Canada and Mexico would increase by $19.1 billion (4.8 percent) and $12.4 billion (3.8 percent), respectively.The model estimates that the agreement would likely have a positive impact on all broad industry sectors within the U.S. economy. "

https://www.usitc.gov/publications/332/pub4889.pdf

Marky Mark, I'm waiting.

Mark asks "Are You Prepared for the Trump Recession ?"

Why, yes, . . . yes, DonDiego is quite prepared for the next recession, whatever the cause.

He paid the house off a few years.  And his largest single investment in the stock market has doubled since last November; DonDiego will sell some if he notices any significant upcoming economic unpleasantness which would be likely to affect it adversely.  (Technically, a mite of economic umpleasantness might actually help the stock - so he is in no hurry and unlikely to panic in any case.) 

So, whether the possible upcoming recession materializes, or not, poor old DonDiego will be OK.  Thanks for asking !

Oh, . . . poor old DonDiego recognizes that if a recession were to arise, President Trump would get the blame - whether deservedly or not.  DonDiego doesn't recall any investment he's considered based upon who held the Presidency.  Things happen.

Well, we've come a long way haven't we?   The right's rhetoric has changed from being upset at Obama for not achieving 3% GDP growth....to now deflecting blame away from Trump for a possible recession.    

I tend to agree presidents get too much credit/blame for economic performance.   But it is fair to hold them accountable for the legislation they sign...and measuring its predicited impact vs the actual.

Corporate tax cuts and military expansion have not yielded the economic impact that was predicited.   Even worse, the massive deficits they have caused have left the government with few tools to combat a future recession - especially since FED rates are so low already.

A healthy society engages deficit spending to get out of a recession...and stores money away during times of prosperity.   

We now have trillion dollar deficits in a fully employed economy and interest rates comparable to ones after the last financial crisis.    What is our response to the next recession....2 trillion dollar deficits and more tax cuts?...and negative interest rates?   Gold has never looked so pretty.

What was the national debt BEFORE President Trump took office? It was 22 trillion dollars.I suppose that was also President Trump's fault, right PJ?  President Trump has proven your Daddy Obeyme wrong about job creation and unemplotment percentages while building the military and cutting taxes. If the DemocRats would do their job and work WITH the President instead of making up shit trying to get him impeached with false charges, can you imagine just how much further ahead our nation would be in solving current pressing issues? You and others of your ilk are mean spirited, lying, fact twisting ignorant fools who are always whining and crying while honest progress is being made to make America great again. Do every real American a favor and stop your fact twisting, hate filled rhetoric and let real men and women run the nation. Your hatred is not needed and not welcomed.