- Feb 22, 2017
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Crumble crumbleWhy do we hate it That's BS We don't hate it we love it and seeing our great country crumbling because of the FN mad man trump is what we hate Thank god Obama left us in good shape OR we'd already be in recession
A recession is not the nation crumbling. YOu are a lunatic.
A recession means a fall in GDP / national output. A recession will typically be characterised by high unemployment, falling average incomes, increased inequality and higher government borrowing. The impact of a recession depends on how long it lasts and the depth of the fall in output. The main costs of a recession will be
- Unemployment
- Rise in poverty
- Falling real incomes
- Increased inequality
- Less Tax revenue – higher borrowing
- Permanently lost output
Mmm, yeah, thanks for telling us what we all already know.
You let out the part that it is part of the normal economic cycle that all economies go though.
So, blaming Trump for it happening, is like blaming him for the sun setting.
Not all economies go through what we do.
Check out a book called Fragile By Design for more info if you like
You're making the claim that the expansion/recession cycle is some plan by someone?
That is a new one. I'd love to hear more.
I assume that this plan started well before Trump and will continue long after him. Indeed, I would imagine, that you would agree with me, in context, that blaming Trump for it, is as stupid as blaming him for the Sun setting.
Come on then. Say it. Agree with me.
Trump gets blame and credit for all sorts of shit he should not, this is nothing new.
Though there is a very good case to be made that that trade war will make the recession worse.
As for if it is a plan or not...read the book. It is a short read.