The Trump Slump (2 Viewers)

[RogerCooper]

As the year comes to end, let's take a look at Trump's achievement of generating a recession single-handedly. Inflation up and employment down. These were predictable results of his policies.

He generated inflation

1. By increasing tariffs
2. By increasing the deficit
3. By pressuring the Fed to lower interest rates
4. By stopping immigration

Numbers 1 and 4 also reduce the size of the economy.

 

[AccessBlaster]

Calling this a recession overstates the case. Inflation has not accelerated during the year; it has remained roughly flat around 3 percent. The S&P 500 is up double digits year to date, which is not what recessions typically look like. Employment growth has slowed, but the labor market remains historically tight rather than collapsing. Gas prices are down, even in California. I realize we’re both fudging slightly, but I prefer the more optimistic approach.

 

[Steve R.]

@RogerCooper: This seems to be more of a relapse into Trump Derangement Syndrome (TDS) than a valid debate topic. The most obvious point: What recession????. No evidence has been provided to establish that the US is in a recession.

1. The jury is out on the effects of tariffs on the economy.
2. Yes, the deficit is increasing; but what is new?
3. What is your point concerning pressuring the Fed to lower interest rates?
4. On immigration, the Biden administration opened the US border to all. This has had severe adverse impacts on US culture and the US economy. One of the worst aspects, the illegal immigrants were let in without due process, yet the attempts to deport them have been obstructed under the guise of due process. That makes the whole concept of due process a legal absurdity. The Biden administration purposely avoided enforcing immigration laws. A lawless corrupt administration.

 

[The_Doc_Man]

{Moderator hat ON}
Be warned: Since this is a political post and such posts often become unruly, please be VERY careful about where you take this. The thread WILL be monitored to prevent a repetition of our recent problem that led to the shut down the Politics & Current Events forum.
{Moderator hat OFF}

 

[AngelSpeaks]

This political post should be shutdown.

 

[MarkK]

The most obvious point: What recession????. No evidence has been provided to establish that the US is in a recession.

Trump promised winning, so much winning. We were going to get tired of winning, remember?
If you don't agree he has under-delivered, then talk to your doctor. You might be suffering from "Lowering The Bar Derangement Syndrome."

 

[Steve R.]

@MarkK: Sigh. This wasn't a topic posted for a valid debate. So I will decline to comment further.

This political post should be shutdown.

 

[NauticalGent]

This political post should be shutdown.

I disagree Angel, respectfully. We should always be willing to have a conversation if it can be kept civil and cerebral.

 

[The_Doc_Man]

We should always be willing to have a conversation if it can be kept civil and cerebral.

I can't argue with that sentiment but I can tell you that there is adequate reason to encourage caution. I learned a business rule a long time ago that should be applied here: Whatever you were going to post, don't post version 1.0 of whatever you wrote. Edit yourself first. Post #1 of anything that was a response to a touchy subject will almost always be harsher than it needed to be.

Not spoken as moderator, but rather as a member whose personal experiences with hasty posts were not often pleasant.

 

[NauticalGent]

can tell you that there is adequate reason to encourage caution.

Given our recent history, amen, amen and amen...