A recession likely to occur...

Discussion in 'Current Events' started by Arkanis, Jun 19, 2019.

  1. BestViewedWithCable

    BestViewedWithCable Well-Known Member

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    You have to blow Nancy Pelosi. She runs congress and refuses to even discuss immigration reform. Democrats grand stand and play bs baby political games. If you suck hard enough maybe you can convince her to support the American people instead of illegal immigrants.
     
  2. yardmeat

    yardmeat Well-Known Member

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    The dodges and deflections are getting more creative. If you tire of discussing fellatio, I'll be back at the topic waiting. "Bu . . . bu . . . DEMMMSSS" isn't actually addressing anthing.
     
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  3. Arkanis

    Arkanis Well-Known Member

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    Yet the Trumpsters cheer Trump and his protectionism.
     
  4. BestViewedWithCable

    BestViewedWithCable Well-Known Member

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    Come on, you cant deny democrat responsibility for the condition of things.

    This **** didnt just happen.

    The only people who want all of America to become the poop capital of the world, is democrats.

    I dont wanna live in a city of human feces and drug needles.

    Maybe you do, and thats why we have political differences.

    I want a clean and happy America to raise my kids.

    I wish you good fortune in the battles to come, but dont be surprised when Im not on your side.
     
  5. yardmeat

    yardmeat Well-Known Member

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    We were talking about the economy. If you want to talk about something else, start a thread for it. If you do want to return to the topic, I'm still around.
     
  6. BestViewedWithCable

    BestViewedWithCable Well-Known Member

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    Its democrat policies.

    Democrats give google and amazon a free ride on taxes, while citizens live under cholera threat in San Fransisco.
     
  7. ProgressivePower

    ProgressivePower Active Member

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    It does look so, that there will be a recession soon, probably in 2020. If there is one, all the Democrats and left would blame Trump for it, even though it wasn't really his fault, although he did champion, the so called 'great economy boom.' The Fed kept interest rates artificially too low, below the market rate at 0.25 for several years, and once malinvestments and debt from that time falter soon, we will be in a recession. The people will blame the free-market again, and guaranteed we will get a super progressive, Bernie or Warren.
     
    Last edited: Jun 20, 2019
  8. yardmeat

    yardmeat Well-Known Member

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    Still off-topic. Care to try again? The economy. At least try to get in the realm of the economy.
     
  9. BestViewedWithCable

    BestViewedWithCable Well-Known Member

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    No, Im sick of discussing human values with an illusionist.
     
  10. yardmeat

    yardmeat Well-Known Member

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    I'm happy to talk about economic values in a thread about economics and I've repeatedly tried getting you to engage in the topic. I'm happy to talk about other human values in a thread where that is the topic. Name calling is not a replacement for intellectually honest debate and discussion.
     
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  11. Arkanis

    Arkanis Well-Known Member

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    You cannot deny that tariffs imposed to China have slowed domestic consumption and those imposed to Canada (aluminum and steel) have had a tangible impact on auto sales and construction.

    Unless you're one of those who believe that tariffs are not paid by Americans....

    Currently the FED keeps rates in a range between 2 and 2.25%.

    It's not normal for the economy to grow by 2.9% (2018 ) when the unemployment rate is below 4%.

    This proves that domestic consumption has been seriously affected by the President's protectionist policies.

    If the FED increased its rate by 0.25% at this time, we would have a recession in less than 6 months.

    It's ironic that Trump want a rate cut to support the economy when he's directly responsible for its slowdown.
     
    Last edited: Jun 20, 2019
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  12. ProgressivePower

    ProgressivePower Active Member

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    You can argue that tariffs have slowed the US economy, but they are not the primary cause of the recession. The primary cause of the recession is the fact, that the Fed kept interest rates artificially low for too long, allowing cheap credit into the economy. Debt levels soar and malinvestments arise from this cheap credit, and over-time they simply cannot inflate anymore, and begin to bust and deflate.

    This time we are screwed, because if Fed lowers rates again in July, even if they don't, we will have pretty much have reached or close to have reached a liquidity trap, where the Fed cannot lower rates, or do so significantly to spur investment.
     
    Last edited: Jun 20, 2019
  13. Blaster3

    Blaster3 Well-Known Member

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    dems have no concern nor care with free trade in capitalism, what they want is free trade to give free sh*t to freeloaders, all at the expense of the american taxpayers
     
  14. yardmeat

    yardmeat Well-Known Member

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    Why another deflection? How do your comments about Dems change the truth about the Trumpist attack on free trade? I guess as long as Trump is the one doing it then capitalism and the expense of the American taxpayers, along with the Constitution, no longer matter. I do not expect an answer. I'll just call another deflection now.
     
    Last edited: Jun 20, 2019
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  15. Blaster3

    Blaster3 Well-Known Member

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    responded to your deflection, the op was inherent recession amid public debt... trump is not against free trade, he (as well as smart freedom lovin americans) want fair & equal trade... the lefties are against that because it cant be fair if we keep giving free sh*t to freeloading gate crashers, so they prefer the deficit, while cryin (faux tears) and blaming everyone else for it...
     
  16. Jimmy79

    Jimmy79 Banned

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    So how do we deal with China manipulating their currency, IP theft, and corporate espionage? I agree with the tariffs because I dont know any other methods. No, they dont affect China directly, but they could push some retailers to purchase from other places which would affect them.
     
  17. LogicalParty

    LogicalParty Well-Known Member

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    Trump is an empty suit but somehow Trump Supporters think hes a 200iq genius..dude is clueless
     
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  18. LogicalParty

    LogicalParty Well-Known Member

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    This has to be a joke....right? .... right???? Trump has re established trust in the government LMAO
     
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  19. TRFjr

    TRFjr Well-Known Member Past Donor

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    so 2.9 and 3.1 is weak growth so what was it when Obama had 1.7 average growth over his 8 years? you called that strong growth
    this is why no one should take you seriously or that your argument has any credibility you have proven your nothing but a hack
     
  20. TRFjr

    TRFjr Well-Known Member Past Donor

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    How can theses brain dead liberals contribute Trump economy to Obama policies while he was president

    Trump did the exact opposite of what Obama did yet has stronger growth then Obama if your assertion is true that this economy is because of Obama and Trump did the opposite of what Obama did we should have went in the opposite direction not gotten better
     
    Last edited: Jun 21, 2019
  21. BestViewedWithCable

    BestViewedWithCable Well-Known Member

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    Its not a joke.

    Obama lied to every citizen in America about their healthcare
    Hillary led a CIA hit squad that killed a foreign leader, and over threw multiple foreign governments.
    both of em looked the other way when our Ambassador was assassinated.
    Hillary got a subpoena then deleted evidence, lied, smashed cell phones, and top secret documents were found on pedophiles computer.
    The fbi didnt even charge her, then spied on the Trump campaign and lied about it.

    Trump is a clear upgrade
     
  22. Arkanis

    Arkanis Well-Known Member

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    Obama had an average of 2.1%, not 1.7.

    And Obama inherited an economy at the beginning of a crisis.

    Which is the exact opposite of Trump.
     
    Last edited: Jun 21, 2019
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  23. opion8d

    opion8d Well-Known Member Past Donor

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    The economy has been on a 120 month tear which is historic. If the economy slows, it will be the manifestation of economic cycles. So far, the economic growth and employment dynamics have been an extension of the Obama model (read the charts and data). The slowdown is overdue. No matter if Trump predicts the United States economy will double in three years and Jupiter will collide with Mars, the economy will slow. It is the natural order of things for dozens of solid economic realities.

    Trump supporters that conveniently ignore the FACT that our global economy was in shambles in 2007 and the Obama Administration's role in dragging us out of it are crackpots. Obama's budget and economy lasted until October 31, 2017. Then Trump's economy began, along with his trillion dollar deficits. What happens next is a good question.

    Trump is a very short term thinker so he set up an interesting dynamic with short term moves like a tax cut that greatly enriched the rich and saddled the economy with huge ballooning debt. When the bill comes due on the Trump sugar high, it will be very, very ugly.
     
  24. struth

    struth Well-Known Member

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    Well they for the senate in 2012 ...and the largest

    you are correct....and that's when we had double digit unemployment....
     
  25. yardmeat

    yardmeat Well-Known Member

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    The upward trend in employment that we are seeing now started in 2010. Unless Trump or the Republicans have a time machine, they are not responsible for that. I'm not crediting the Dems either, but at least they can acknowledge the economic facts.
     

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