Trump admits he may be causing a RECESSION

[August West]

They just don't care. It's as simple as that.

They've been told they're at war with evil, that he is The One to win the war, and they believe it.

As long as Trump hates the same people who they hate, nothing else matters.

 

[August West]

prove it. jA recession is when someone doesn't have a job Trump inherited a proxy war, open border and inflation. So far your just a mythographer

The border has never been open, but it really is 1,900 miles long. Whatever happened to the wall that Mexico was going to pay for?

 

[SweetSue92]

If a recession happens (current estimates are a 35% to 40% chance), it won't be because Trump inherited a bad economy (in fact, while far from great, it was the strongest in the world when he inherited it). EVEN HE has admitted that the massive, ridiculously rapid disruptions his administration is causing will have caused it. So trying to blame the old and frail Biden won't work.

So let's just hope that the pain that regular Americans are feeling, and will feel, will be worth it. Either way, this will be on Trump.

Trump Won’t Deny There Could Be A Recession—Warns Of ‘Period Of Transition’ In Economy

“Sunday Morning Futures” host Maria Bartiromo asked Trump whether he expected there would be a recession this year, to which Trump responded, “I hate to predict things like that.”

“There is a period of transition, because what we’re doing is very big,” Trump said about implementing his economic agenda like tariffs, adding, “It takes a little time, but I think [his agenda] should be great for us.”

The president also downplayed the stock market dropping over the past week in response to his tariffs, telling Bartiromo the market hadn’t gone down by “much” and saying he “can’t really watch the stock market” as he implements his economic policies, adding, “You can’t go by that, you have to do what’s right.”

Economists upped the odds of a recession this week and cited Trump’s economic policies as the “key risk” that could cause one, amid troubling indicators like lower consumer sentiment, mounting layoffs and the stock market’s decline, with the Federal Reserve Bank of Atlanta projecting March 6 that the U.S.’ economic output will contract by an annualized rate of -2.4% in 2025’s first quarter.
The stock market also suffered its worst week in six months amid uncertainty over Trump’s tariffs, with Nvidia and Tesla having the biggest declines.

Wait. Are these the same economists and experts who told us the economy was great through the Biden admin?

 

[August West]

Wait. Are these the same economists and experts who told us the economy was great through the Biden admin?

We had the longest stretch of low unemployment since 1969 under Biden. Sorry

 

[tyroneweaver]

The border has never been open, but it really is 1,900 miles long. Whatever happened to the wall that Mexico was going to pay for?

nobody cares. Americans just want the thugs out...except you

 

[tyroneweaver]

MAGA macroeconomics.

does that include farmers that work sun up to sun down in idaho paying millions to eastern liberal colleges

 

[August West]

nobody cares. Americans just want the thugs out...except you

Having dark skin makes them thugs? I`d swap them for people like you in a second.

 

[tyroneweaver]

Having dark skin makes them thugs? I`d swap them for people like you in a second.

 

[citygator]

Trump destroys economy and causes a recession: "I meant to do that".

 

[toobfreak]

the sub-prime mortgage meltdown was in full swing as Obama got into office

Yep, because it was voted on by mostly democrats in the Senate, including 1-term senator Barry Obumma, who then went on to double the national debt as president with his QE-1 & QE-2.

 

[toobfreak]

Trump destroys economy and causes a recession

There is no recession. Quit smoking dog turds. All this is is a little market uncertainty and overreaction as Trump begins to steer our economic ship back into a clear lane where the USA stops taking a bath on trade.

 

[citygator]

There is no recession. Quit smoking dog turds. All this is is a little market uncertainty and overreaction as Trump begins to steer our economic ship back into a clear lane where the USA stops taking a bath on trade.

We will see. The Fed said February GDP was down for the first time since covid but I agree with you that isn't a quarter and certainly not 2 quarters in a row.. yet.

 

[citygator]

This doesnt look too bad if you stand on your head.

 

[toobfreak]

We will see. The Fed said February GDP was down for the first time since covid but I agree with you that isn't a quarter and certainly not 2 quarters in a row.. yet.

Trump is turning the world and our economy over against the stream, whole new direction, so there is bound to be some turbulence in the wake until things settle out. Economists I've listened to have already said that speculators are over-reacting to Trump's mere words that (surprise of prises) that no, he cannot predict nor see into the future.

China cannot win the trade war, the main objector to fair trade now is Canada, so, Trump must break them.

Break them he will.

I'm more than happy to support my president in his efforts by riding through some economic turbulence.

 

[Mac-7]

I'm glad you didn't try to deny what he said.

Kudos.

Nor did Mac1958 deny that he is an unthinking anti trumper who will squeal either way

He prefers democrat presidents like biden who lie through their teeth instead of trump who speaks honestly

 

[toobfreak]

Nor did Mac1958 deny that he is an unthinking anti trumper who will squeal either way
He prefers democrat presidents like biden who lie through their teeth instead of trump who speaks honestly

He is a contrarian bot who said nothing of Biden for four years who was 10,000 times worse, while bitching if Trump so much as makes an innocent faux pas. His entire MO is to establish himself as an elitist who knows better than everyone else, seeing the world clearly, all the while never really ever saying anything committal on anything.

His only position is that Trump is terrible, he knows better, and all the world would be a better place if only all of us had his wisdom (which unremarkably, he never shares because he has none).

 

[citygator]

China cannot win the trade war, the main objector to fair trade now is Canada, so, Trump must break them.

Break them he will.

I'm more than happy to support my president in his efforts by riding through some economic turbulence.

No one wins a "trade war".

It's funny how patient you right wingers are when you like the person sitting in the White House. Its bonkers. All the indicators suck but there you are pumping your fists. Back when the economy was rocking you were looking for tiny threads to pull. So funny. There will be tons written about you guys. It wont be kind.

 

[dudmuck]

Yep, because it was voted on by mostly democrats in the Senate, including 1-term senator Barry Obumma, who then went on to double the national debt as president with his QE-1 & QE-2.

it was the subprime mortgage meltdown, caused by a housing bubble, low lending standards, and the proliferation of subprime mortgages.
This is all from the private banking sector.

the government did have policies aimed at expanding homeownership, but then banks engaged in predatory lending practices, and sold these loans to other banks while misrepresenting the quality of these loans.

 

[toobfreak]

No one wins a "trade war".

Of course they can. All Canada has to do is drop their tariffs and allow stuff made here exported into their country fairly like we do to them, otherwise, how can we ever get our manufacturing here off the ground? Since they refuse to be reasonable, Trump is going to put the screws to them until they cry uncle.

It's funny how patient you right wingers are when you like the person sitting in the White House.

I like the guy in the WH because he is actually DOING something, something for the country. Biden had four years but America was just flyover country to him as he sailed off more concerned about some mayor getting elected in a small African country.

Its bonkers. All the indicators suck but there you are pumping your fists.

It is called being optimistic. It is nice for a change having an upbeat, positive president who sees a bright future for America instead of Mr. Doom & Gloom who had us all riding bicycles to work and eating bugs to save the planet.

Back when the economy was rocking

Trump was in office.

There will be tons written about you guys. It wont be kind.

It never is from the Left, but no one will be reading it. Meanwhile, history is writing about the self-imposed collapse of the Democrat Party, a party who never found an unpopular issue it didn't want to back up.

The democrats new issue to endorse is supporting the rights of a green card anarchist from the Middle East who fomented the antisemitic hate-filled race riot at Columbia University. That bum will be deported along with the rest of his friends.

 

[toobfreak]

it was the subprime mortgage meltdown, caused by a housing bubble, low lending standards, and the proliferation of subprime mortgages.
This is all from the private banking sector.

All promulgated by the democrats who forced the banks into destructive policies giving loans to people who could not repay them.

the government did have policies aimed at expanding homeownership, but then banks engaged in predatory lending practices, and sold these loans to other banks while misrepresenting the quality of these loans.

All created and supported by your guy Barry while he was still in the Senate.