What could prevent Donald Trump's recession

Discussion in 'Finance' started by justrying, Nov 9, 2016.

  1. justrying

    justrying Banned

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    How is Trump going to handle the economy? He basically has given us no details for the next 4 years. There are 94 million unemployed people in this country, how will Trump get them jobs?
    What is he going to do for small businesses?
    How will he stop jobs from going overseas?
    What will he do to fund the failing infrastructure in this country when the economy is failing?
    All this and more. What are his plans?

    ------------------------------------------

    Markets have calmed down since Donald Trump won the 2016 presidential election, but the policies he favors still pose many land mines for the economy.

    Trump has promised to unravel free-trade deals, roust undocumented workers out of the country and perhaps even send Federal Reserve chair Janet Yellen packing. This is bad news for big companies, small companies, ordinary investors and perhaps even the very workers Trump says he aims to help. When Moody’s Analytics analyzed Trump’s economic plan over the summer, they found that if enacted in full, growth would fall from around 2% per year now to around 0.6%, while overall employment would decline slightly. “The economy suffers a lengthy recession and is smaller at the end of his four-year term than when he took office,” the forecasting firm concluded.

    https://www.yahoo.com/finance/news/what-could-prevent-donald-trumps-recession-064927716.html
     
  2. Margot2

    Margot2 Banned

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    Time to wake up to national populism.

    President Trump: All Hat, now where are the cattle?

    At least the BBC is keeping it real.

    http://www.bbc.com/news/uk-scotland-37923128
     
  3. Questerr

    Questerr Banned

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    He could start by not putting a massive tax on US consumers.
     
  4. justrying

    justrying Banned

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    True. He has not told us anything about how he will tax Americans.
     
  5. RP12

    RP12 Well-Known Member

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  6. Questerr

    Questerr Banned

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    Yes he has. He's talked extensively about them.
     
  7. justrying

    justrying Banned

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  8. Iriemon

    Iriemon Well-Known Member Past Donor

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    He spelled it out in his website. Massive tax cuts mostly for the m/billionaires like himself. Elimination of the estate tax so billionaire trust fund baby don't have to pay a dime in taxes. Virtual elimination of the Department of Education that helps millions of less fortunate kids get an education. Elimination of the ACA which has provided 20 million Americans with health care.
     
  9. jackson33

    jackson33 Well-Known Member Past Donor

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    I'd be more concerned about what Obama will be doing, to cause problems with orders and actions, that could continue his 8 year recession. Without that 10T$ added to the ND, statistically we never added anything to the GDP......
     
  10. sec

    sec Well-Known Member

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    what do you feel is a fair statute of limitations for "blaming Obama"?

    Or, as a true CEO, should Trump walk in and accept the mess created by a Democrat administration and just get to work and not blame anyone, just get to fixing things?
     
  11. justrying

    justrying Banned

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    No I didn't predict a victory for Hillary and have posted countless times I did not vote for her.

    Feel free to search the forum for where I did predict a victory for her or my posting that I'm voting for her.

    Interesting no one can answer any questions about Trumps plan for the economy and what could prevent Trumps recession
     
  12. squidward

    squidward Well-Known Member

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    well, your beloved neocons have (*)(*)(*)(*)ed it up for 24 years. Maybe we can give a few more trillions to bankers so you think someone is looking out for you.
     
  13. liberalminority

    liberalminority Well-Known Member

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    massive tax cuts after he closes the economic borders off from unfair trade, and illegal immigration.

    trickle down economics doesn't work when whatever is trickled down goes to other countries and not America.

    the affordable care act doesn't even go to middle class Americans for free, they have to subsidize the poor so it makes it harder on their lives.

    im a product of public school and the department of education, and don't know how to type proper paragraphs.
     
  14. Margot2

    Margot2 Banned

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    On the economic front, he's got some work to do. It's not that the US economy is in such bad shape. It's recovered better than the UK one.

    The problem is more that he has portrayed it as being wrecked, and he has raised expectations of doubling the growth rate to 4%, while "bringing millions of jobs back to America".

    "We're going to win so much. You're going to get sick and tired of winning. You're gonna be saying, Mr President, enough with the winning."

    The Texans talk about blowhards as being "all hat, but no cattle". Well, Donald Trump has certainly done the hat bit. So now... ?

    continued

    http://www.bbc.com/news/uk-scotland-37923128
     
  15. Questerr

    Questerr Banned

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    And a massive tax on consumers to bailout the handful of Americans that work in manufacturing.
     
  16. Questerr

    Questerr Banned

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    And tariffs will do nothing to stop the rich from offshoring their wealth.
     
  17. Foolardi

    Foolardi Well-Known Member Past Donor

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  18. justrying

    justrying Banned

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    neocons are righties. Thanks for admitting righties have hosed us
     
  19. squidward

    squidward Well-Known Member

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    yes, the uninformed think this.
     
  20. justrying

    justrying Banned

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    Well, its kind of like blaming Bubba, and all other previous POTUS's

    But then again, Trump has promised to fix everything so it now falls on him and the pub majority
     
  21. 22catch

    22catch Well-Known Member Past Donor

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    You guys just don't learn. Can't help yourselves but to remain ignorant. After every so called analyst, pollster, pundit, and media anchor in the country gets back slapped to the face you still want to listen to these biased bs paid for analysts?

    It's going from ignorance to stupidity

    Why not give the guy a chance? So pessimistic and cynical because he WON
     
  22. Brewskier

    Brewskier Well-Known Member

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    LOL


    10char
     
  23. justrying

    justrying Banned

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    How will the Trump recession be prevented?

    - - - Updated - - -

     
  24. Iriemon

    Iriemon Well-Known Member Past Donor

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  25. justrying

    justrying Banned

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    Give the guy a chance?

    No, simply being a concerned righty who has no confidence in the future leadership of this country...aka...Trump
     

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