Donald Trump's 2020 election chances could fall if the US economy slides into recession

Discussion in 'Current Events' started by Bush Lawyer, Aug 16, 2019.

  1. Bush Lawyer

    Bush Lawyer Well-Known Member

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    If the economy of the USA tanks, so does Trump. 10 years bonds at record lows. Recession on the horizon?

    https://www.abc.net.au/news/2019-08-16/trump-could-lose-2020-election-if-the-economy-tanks/11420022

     
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  2. cd8ed

    cd8ed Well-Known Member Past Donor

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    He’s already blaming the media.
    He claimed responsibility for positive economic numbers along trend lines but now that his policies are actually having an effect its everyones but his fault.

    Seems to be his tread.
    Claim responsibility for inheritance and deny responsibility for policy.
     
    Last edited: Aug 16, 2019
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  3. Just_a_Citizen

    Just_a_Citizen Banned at Members Request Past Donor

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    I predict the Federal Reserve will drop rates biggly within the next 9 months.
     
  4. Just_a_Citizen

    Just_a_Citizen Banned at Members Request Past Donor

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    He blames federal reserve rates more than the media for markets.

    And what inheritance?

    The market soared 11-9-16.
     
    Last edited: Aug 16, 2019
  5. cd8ed

    cd8ed Well-Known Member Past Donor

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    He is a habitual inheritor.
    Wealth, property, economy. Zero that he worked for

    upload_2019-8-16_1-29-31.png
     
  6. Just_a_Citizen

    Just_a_Citizen Banned at Members Request Past Donor

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    Seems pretty clear, the markets loved both the prospect of Trump winning, AND his actual win.

    I voted Johnson, and don't play the markets anyway.
    count1109.png
     
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  7. cd8ed

    cd8ed Well-Known Member Past Donor

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    He promised deregulation and tax cuts to multinational corporations, of course they went up.
    Now follow the larger trend line.
     
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  8. Bush Lawyer

    Bush Lawyer Well-Known Member

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    If that US economy bottoms, so does Trump. End of his days, politically.
     
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  9. Just_a_Citizen

    Just_a_Citizen Banned at Members Request Past Donor

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    *shrugs*

    Like I said, I didn't vote for him, and don't play the markets.

    I am happy he won rather that Hitlery though, and will likely vote for him in 2020.
     
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  10. apexofpurple

    apexofpurple Well-Known Member

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    I don't know if a recession will happen or if its even likely to happen. However I do know we're being conditioned for it right now. Fears of recession are always been popping up and sometimes the make their way from financial circuit news to mainstream media. But now we've got everyone from late night hosts, to political blogs, to fashion magazines, to celebrities, and of course your favorite politicians, all talking recession. The problem is none of these people have better than high school econ 101 class's worth of knowledge about the beast that is our nation's economy. So why are they all gabbing about it in unison?

    Most likely its because these people know Pres Trump's single greatest achievement thus far has been this amazing, record shattering economy. They know the old ploy of giving credit for this to Pres Obama only works on a small selection of people who believe its true simply because headline on their favorite website said it was. So maybe they're just jumping on the doomsayer bandwagon (just in time for election season /cough) because they figure they can scare some people into thinking 'gee we better take this amazing economy away from Trump so he doesn't wreck it'.

    But what if something else is at work here? What if the power players of finance are actually trying to create a recession and through their scheming plans we're being conditioned by pop culture and media to accept that 1) it will happen and 2) it will of course be the President's fault. These are the people who had the next decade on lock down up until the late hours of Nov 8th 2016 when their collective projected futures evaporated before their very eyes. They had plans, boy did they ever have plans. The amount of currency world wide that ended up not going where these powerful people had expected it to go under a Clinton Presidency cannot be calculated but it surely stacks into the trillions. The amount of wealth redistribution from the global warming cabals alone would have been worth hundreds of billions. Tell me that none of these rich and powerful people held a grudge. Tell me that none of them have been working to take Pres Trump's best accomplishment away. Tell me its not possible. You cant.
     
    Last edited: Aug 16, 2019
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  11. FreshAir

    FreshAir Well-Known Member Past Donor

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    Trump is hoping he can push the Trump crash until after 2020
     
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  12. cd8ed

    cd8ed Well-Known Member Past Donor

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    its always a conspiracy against trump isn’t it, could possibly be that he is inept?

    Why would these powerful people allow a good economy in the first place?

    And why are they so terrified of trump that they would crash the economy to keep him from being re-elected? He has given them tax breaks, lowered regulations, propped up their products... y’all act like he has came in and made all of these anti-establishment changes...

    He hasn’t
     
    Last edited: Aug 16, 2019
  13. Andrew Jackson

    Andrew Jackson Well-Known Member

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    Obviously.
     
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  14. cd8ed

    cd8ed Well-Known Member Past Donor

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    I really hope we don’t have even a slight recession but if it’s going to happen in the next 6 years I hope it’s before the 2020 elections.

    A trump response to a recession would be terrifying
     
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  15. Andrew Jackson

    Andrew Jackson Well-Known Member

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    Anything that can be enough of a "downturn" to guarantee a Trump LOSS will be fine.
     
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  16. rcfoolinca288

    rcfoolinca288 Well-Known Member Past Donor

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    Funny conspiracy theory. For this to have happen, ALL the companies have to LIE about their income to show that there is a slow down in all sectors. We have been in a bull market for a decade, on a tear with the economy. It may continue, it may not.

    Oh...and I see Trump is backing off from this threat of additional tariffs. Why is that??
     
    Last edited: Aug 16, 2019
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  17. Bush Lawyer

    Bush Lawyer Well-Known Member

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    Nice rant...totally unsubstantiated, conspiratorial even.
     
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  18. FatBack

    FatBack Well-Known Member

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    Post a the day ^ :applause:Notice no one could do anything but scream 'conspiracy theory'? You hit the nerve! Bravo
     
    Last edited: Aug 16, 2019
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  19. rcfoolinca288

    rcfoolinca288 Well-Known Member Past Donor

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    Conspiracy theory. Even comical considering he's vilifying the very people Trump gave the tax cuts to and you cheered. Hilarious.
     
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  20. FatBack

    FatBack Well-Known Member

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    Be a trailblazer, explain why his post does not make sense. You can bet your ass, alot of power brokers were seriously pissed (and lost tons of $) that he won.

    Bonus points for regurgitating the talking point "Trump tax cuts were only for the rich" false as hell, but when did reality start to matter?
     
    Last edited: Aug 16, 2019
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  21. Just_a_Citizen

    Just_a_Citizen Banned at Members Request Past Donor

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    I gotta agree with FatBack (AWESOME name BTW!).

    The scenario is as plausible ... more even, than Trump / Russia collusion.
     
    Last edited: Aug 16, 2019
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  22. JakeStarkey

    JakeStarkey Banned

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    The tax cuts overwhelmingly benefited the rich at the expense of the poor who shelled out an extra 900 billion, yet we are another trillion in the whole.

    Yeah, a good chance exists that the coming recession could be here by a year from now.
     
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  23. rcfoolinca288

    rcfoolinca288 Well-Known Member Past Donor

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    Comedy gold. The market have been on a steady rise after he's elected, he claimed credit, you cheered him on, yet now all of a sudden, "they" (who the hell are they) decide to tank it? You guys don't know whether you are coming or going.
     
  24. ModCon

    ModCon Well-Known Member

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    We've had what, close to 20 recessions in our history? How frequently have we been near the brink? Just because it appears that all the different individual alarm bells are ringing, doesn't necessarily mean it's going to happen, doesn't even suggest that if it does happen that it'll be particularly detrimental.

    Let's not hope for a recession for political purposes. That's insane.
     
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  25. rcfoolinca288

    rcfoolinca288 Well-Known Member Past Donor

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    uh huh....the devil is in the detail. How are corporate earnings? Are there warning from corporations of a slow down? Have corporations stop money on expansion? Hiring freeze? How is the health of the construction industry (since they would be one of the leading indicator)? I can tell my boss is nervous about 2020 from his discussions with his business acquaintances.
     
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