The Trump Recession of 2019-2021

So short the markets and make a ton of money.

The ability to see the future would mitigate any sort of investment risk. Can you see the future or are you guessing/parroting?

 

Cable News is reaching out to the far right and far left

 

OP title sould read: DNC manic depression 2016 - 2020.

 

Yeah, 'manic depression' for the far right because all of their deflections fall flat.

 

Note to Ronnie, corrections have been going on for years. If you want to really see a true recession, elect one of the alt-lefties in the democrat clown car.
BTW, I liked your ***** avatar better.

 

You understand that the nation has a business recession every number of years, regardless of what politician is in office. We are in a period of growth for over ten years from the depths of the last one.

What do you think the effect on the economy will be when the tariffs end in 6 months, a year or two?

If you could get china to make significant concessions why wasn't it done without tariffs by Trump Predecessors?

Do you understand that tariffs were always a historical policy of the democrat party and was one of Bernies main parts of his 2016 platform but since the orange man wants them now they are bad.

What will the the new dem president do to reduce the 375 billion deficit that we have in china. Does the new dem president understand that this 375 Bill yearly transfer of wealth for our country to theirs is what allows them to build and modernize their armed forces in an attempt to supplant us as the power in the region.

I am a progressive Democrat. But I don't criticize trump for trying to get out of syria, talk with the Koreans or fight a trade war that the Chinese started by not allowing us the same access to their markets and not allowing us to wholly own companies there or land there while they are free to do so here.

Trump does enough bad things to my mind for a dem to run against, without criticizing efforts that dems should be in agreement with.

The man wants Saudi the purveyors of Wassabi Islam to get nuclear technology. He is helping them in an illegal war against yemen. His tax cut gave the greatest benefit to the rich even as thier percentage of the nations wealth was growing by leaps and bounds over the middle class. He wanted legislation to throw 20 some mill of of the health insurance rolls. He wants to have regime change wars in Venezuela and Iran. The man has even worse morals than Bill Clinton! God- the guys does enough "bad" to run against without harping on the few things heis doing that traditional dems have favored.

 

Since a mod didn't like my characterization of those who will tear down our country with their Trump hatred let me rephrase

To hate President Trump so badly as to root on the collapse of our country in an effort to "get him" is really and truly the work of aholes...

 

No one is rooting on the collapse of the country, other than the far right during the Obama days to get him.

 

So you don’t know how bills become law? lol the high deficits were due to the republican caused recession. Republican incompetence is expensive.

 

The It's already been well establsihed the recession and the high defs didn't take place until the GOP well well out of power. This has been proven

 

struth is wrong. The setting for the recession and the high defs were caused by the GOP Congress from 1994 to 2006 and the compliance of Clinton and GWB. The Dem govt from 2006 to 2008 could do nothing in time to stop the recession

 

I have repeatedly refuted this silly claim.

 

No, you have rambled on things about how great the auto bailout was, even though GM and Detroit had to go through bankruptcy....

 

Stock prices climbed a huge amount today. I see no notices of workers losing jobs. (+$254)

Where is this recession?

 

So you refuse to give Bush credit but eagerly hand him blame!!!

Actually Bush was a splendid example of a supremely competent president. Take the financial crisis. Bush spotted it on the horizon as early as 2001 and told the Congress. Barney Frank and others in Congress on the Democrat party spit in his face and said things were so fine, no chance they would correctly handle the Fannie Mae and Freddie Mac problem. no damned way would they support Bush's suggestions to keep a crash from coming.

 

As a mortgage originator at the time, i too mostly shunned Lehman Brothers. I used one firm that I later learned was owned by them on rare occasion. The actual day of the lending crash. I had spoken to one of their satellite firms about a new loan one day, the next day trying to call them on the phone, nobody was there to take phone calls.

Lehman had some of the worst offerings available but focused on the lousy customer getting a lousy loan market. Customers who did not pay bills on time, got loans. But that was not Bush's fault. Bush had nothing to do with AIG either.

Bush indeed was not lending to the market in any sense of the word. But Democrats put the blame on him.

 

Even today, Fannie and Freddie play a major role in the housing health of America.

Stop discussing Trump and focus on these two giants. They have your fate in their hands.

 

Nope, struth, your ramblings have been refuted many, many times here and elsewhere. If left alone, the Great Republican Recession would have destroyed most of the American economy.

 

Why were the Democrats so determined to prevent Bush from stopping it prior to it starting?

Jake, my business was in the mortgage business. Do not try to con me. I was not new to that business. My origins date back to 1971. I saw many other recessions come and go. I judge the worst not the one of 2007 but the one when Carter was President. That tops what happened in the Post Bush era.

 

Nope, struth, your ramblings have been refuted many, many times here and elsewhere. If left alone, the Great Republican Recession would have destroyed most of the American economy.

That anyone believes that Bush was 'prevented' from stopping the Great Recessions are mumblings disconnected from what really happened. Robert, as usual, you see this through the view of partisanship and not objective, provable fact. For instance, Bush's recession, Robert, was far greater than Carter's. I see objectively with provable fact. Should the US go into recession, and I am not sure factually that it will, I do know that Trump is not the leader to fix it or inspire America to overcome it. Trump is a symbol of "every man for himself."

 

It hasn’t happened...y’all are speculating on. 2019-2020

 

And Trump is feeding their hope, voraciously.

 

And economists have successfully predicted seven of the last four recessions.

 

No Jake, you are the actual partisan. I see it though the factual eyes of a professional who is an expert in mortgages, real estate brokerage, sales, leases, residential and commercial and put in time as an expert licensed appraiser. I have actually worked on a fairly major housing development in my career.

Jake tell the readers your expertise on the housing market done as a professional?

About the so called Bush recession. Again, Democrats could have prevented it if regulation could. I think regulations for Fannie blew it for the entire country. Democrats blocked fixing the two major industry rule makers.

Some think only Government can make rules. Fannie and Freddie made a hell of a lot of rules Jake.

Bush worked hard to wake up congress to what was about to happen. He told them in clear words, the market could quickly crash. Blaming the town crier is wrong. The one warning was Bush.

First look what happened to an entire industry under Carter. I was there Jake. I experienced it daily as a professional. The Savings and Loan Industry virtually vanished.

Why was so much property offered for sale by Government due to the Carter Crash Jake? I recall well the Billions of property on the market due to the Carter Crash.

I saved my bacon by understanding loans. i created a new form of loan product and used it to keep working.

Bush warned.

This is one of his many warnings.



Next we see Democrats blocking him from fixing the problem Jake.



Hell why not show you more Democrats blocking Bush

 

I was in the business in 1980 when Carter was president so I was carefully tracking the economy on behalf of my clients and myself of course.

I got almost daily reports from various mortgage lenders seeking I use them for loans for clients. At that time I was not a mortgage professional That happened later.

I saw surveys of about 25 economists predicting the next 12 months of the Carter term.

All of them blew it. Some came closer than others to getting parts of it right. nobody got all of it right. We are talking the then kings of economists.

Economists can't foretell human nature. Humans collapse markets, not presidents nor some soothsayer selling his opinion.

No human in the USA gets more economic data shoved his way than Real estate agents get. We who later also became mortgage originators ourself got flyers to the point i quit printing them and put them in the computer as stuff i could read at will.

Though my appraisal firm was not flooded with flyers on loans, we had to keep up on the market since part of the appraisal required the appraiser to assess the market and will be used by other experts to evaluate the entire appraisal.

A part of the Fannie Mae Appraisal used as the industry standard requires the appraiser to be accurate in assessing the economic situation.