Trump’s Economic Plans Would Result In A Long Recession, Analysts Say

[ScienceRocks]

Trump’s Economic Plans Would Result In A Long Recession, Analysts Say
by Bryce Covert Jun 20, 2016 2:12 pm
Trump’s Economic Plans Would Result In A Long Recession, Analysts Say

If all of the economic policies presumptive Republican presidential nominee Donald Trump has trumpeted on the campaign trail were to become reality, the U.S. economy would plunge back into recession, losing millions of jobs, according to a new analysis from Moody’s Analytics.

The heart of Trump’s economic proposals come down to tax, trade, and immigration policy. He’s put forward a tax package that experts have found would cost $9.5 trillion and hand nearly all of the benefits to the wealthiest. He’s promised to levy huge tariffs on imports from countries like China and Mexico and he’s railed against trade deals. And he says he’ll deport 11 million undocumented immigrants while building a wall along the Mexican border.

If all of that were to happen just how Trump proposes it, Moody’s analysis finds that the American economy would dip into a recession beginning in 2018 that would last through 2020 — longer than the Great Recession. It estimates there would be 3.5 million fewer jobs and the unemployment rate would rise to a peak of 7.4 percent, as opposed to the current rate of 4.7.

And while Trump has promised to generate economic growth of as much as 6 percent or more a year, Moody’s forecasts that GDP will fall by close to 2.4 percent over that recessionary period. In fact, annual GDP growth would only average 1.4 percent between 2016 and 2026, two years after Trump’s presidency would end if he were given two terms, and in some years would be negative.

Yep, lets fuck over our middle class some more and cut the shit out of infrastructure, science, r&d and education. A sure loser!

 

[ScienceRocks]

Austerity in areas that help grow our economy like the 4 areas I keep pointing out and deregulations are a recipe for bad times.

 

[BluesLegend]

What's your plan borrow another $10 trillion? Let in millions more illegals? Kill more jobs with fucking retarded regulations and taxes? Please share with us the leftards great plan.

 

[Toddsterpatriot]

Austerity in areas that help grow our economy like the 4 areas I keep pointing out and deregulations are a recipe for bad times.

deregulations are a recipe for bad times.

How're those regulations against the smell of baking bread helping the economy?

 

[Rozman]

If there's one reason for me to vote for Trump it would be that he's a better choice at getting this economy out of the rut it has been in for years.

If you love where we are in right now and for the last seven years....
Vote for the Hildebeast....

 

[Rozman]

What's your plan borrow another $10 trillion? Let in millions more illegals? Kill more jobs with fucking retarded regulations and taxes? Please share with us the leftards great plan.

I think the left would propose maybe about $20 trillion for starters in make work for people...

 

[Staidhup]

So the economy could become worse then it already is? So how bad does it have to get until you crunch the numbers and admit the past 7.5 years has been and economic nightmare? Apparently there are those the firmly believe that if you ignore reality it will simply disappear.

 

[Luddly Neddite]

What's your plan borrow another $10 trillion? Let in millions more illegals? Kill more jobs with fucking retarded regulations and taxes? Please share with us the leftards great plan.

Drumpf said he would borrow more and then 'make a good deal'. In the first debate, he said 'wages are too high', 'end minimum wage'. He has also said he would raise taxes on the working class and slash taxes for his 1% cronies.

Everything he has said would result in a long term depression, a lot more debt, bigger deficit, enormous unemployment.

Question = if Duh Donuld is so damn good with money, how is it he's broke after spending nothing? Hmmm ?

Look at his May numbers. Very telling.
$2.4 mil on hand last month.
$1.3 mil on hand this month. $45K was his own money and he has put out letters begging for $100K for his current bills.

He is broke.

 

[BluesLegend]

What's your plan borrow another $10 trillion? Let in millions more illegals? Kill more jobs with fucking retarded regulations and taxes? Please share with us the leftards great plan.

Drumpf said he would borrow more and then 'make a good deal'. In the first debate, he said 'wages are too high', 'end minimum wage'. He has also said he would raise taxes on the working class and slash taxes for his 1% cronies.

Everything he has said would result in a long term depression, a lot more debt, bigger deficit, enormous unemployment.

Question = if Duh Donuld is so damn good with money, how is it he's broke after spending nothing? Hmmm ?

Look at his May numbers. Very telling.
$2.4 on hand last month.
$1.3 mil on hand this month. $45K was his own money and he has put out letters begging for $100K for his current bills.

He is broke.

You have Trump on the brain got it.

 

[Luddly Neddite]

What's your plan borrow another $10 trillion? Let in millions more illegals? Kill more jobs with fucking retarded regulations and taxes? Please share with us the leftards great plan.

Drumpf said he would borrow more and then 'make a good deal'. In the first debate, he said 'wages are too high', 'end minimum wage'. He has also said he would raise taxes on the working class and slash taxes for his 1% cronies.

Everything he has said would result in a long term depression, a lot more debt, bigger deficit, enormous unemployment.

Question = if Duh Donuld is so damn good with money, how is it he's broke after spending nothing? Hmmm ?

Look at his May numbers. Very telling.
$2.4 on hand last month.
$1.3 mil on hand this month. $45K was his own money and he has put out letters begging for $100K for his current bills.

He is broke.

You have Trump on the brain got it.

As usual, you have no facts so you hide from serious debate.

I wrote facts. He said he would borrow more. And he said he is self-funded. And he is broke.

And, you fools tell us what a wonderful business man he is.

 

[francoHFW]

If there's one reason for me to vote for Trump it would be that he's a better choice at getting this economy out of the rut it has been in for years.

If you love where we are in right now and for the last seven years....
Vote for the Hildebeast....

I agree, Trump is our great hope. He is such an obvious liar and idiot he should give Hillary true control of congress so something can be done about this GOP mess. See sig. Higher taxes on the bloated rich and giant corps, lower taxes on the nonrich, training for 4 million tech jobs going begging, cheap loans for college, free Community colleges, an infrastructure bill WAY overdue, a 12.50- 15.00 min wage, basically the end of this pander to the greedy idiot rich mess. Also some kind of fairness doctrine so you functional morons hear some truth- enough to put Rush, Savage, Sean, Levin etc etc out of business just by breaking their idiotic spell.

 

[francoHFW]

OTOH, the bs GOP machine has made this all possible...

 

[MACAULAY]

We know there will be difficult times getting this great country straightened out from being run like it was Democrat-Chicago.

Those of us who hope this great American experiment will survive for our children & grandchildren and their descendants are ready to start re-building after the disastrous socialist fraudulent mis-governance of the Fool Obama.

We, instead of wondering where we will get our next crack fix, or how we will siphon off a little more from of the Federal Trough...We who take care of ourselves and our families...are ready to try mystical things like a balanced budget, terms limits on the Whores and Pimps in Congress, debt reduction, Federal Plantation porch-sitters going back to work--even if it is not their Dream Job...stopping an illegal invasion of the type scarcely seen since something eerily similar happened to another great society----the Roman Empire.

Desperate times call for desperate solutions.

So, Trump is crazy. O.K.

If sanity is what we have been getting, I am ready to try crazy.

And Fuck Barack Obama...Fuck Harry Reid...Fuck Nancy Pelosi...Fuck the all Foolish, Corrupt, Elitist New England Assholes...the Enemy...and put Bill Clinton's bogus coattail-riding bitch in Jail...not as much for gross self-interested handling of e-mails, but for selling State Department Influence for contributions to the Clinton Foundation.

And Fuck Radical Islam...and also Fuck every single member of the so-called Moderate Muslim Community who secretly cheers every time a Lunatic Muslim kills some American when he blows himself up...and that number is huge!

And also Fuck...with NO VASELINE AT ALL, the Traitors who were supposed to be on our side---Paul Ryan, Fuck him...Fuck Mitch McConnell...double FUCK Mitt Romney...Fuck and all the rest of the Pussy Republicans in the Republican Pussy Congress...there are more Pussys in the Republican Caucus than in 100 Bunny Ranches.

Fuck Them all.

Its time for William Wallace...for Thomas Jefferson...for Winston Churchill...for Ronald Reagan.

Trump may be none of those, but we have to take a chance.

 

[C_Clayton_Jones]

That Trump has no idea what he’s doing comes as no surprise – he wants to make America as much a disaster as his ‘campaign.’

 

[francoHFW]

We know there will be difficult times getting this great country straightened out from being run like it was Democrat-Chicago.

Those of us who hope this great American experiment will survive for our children & grandchildren and their descendants are ready to start re-building after the disastrous socialist fraudulent mis-governance of the Fool Obama.

We, instead of wondering where we will get our next crack fix, or how we will siphon off a little more from of the Federal Trough...We who take care of ourselves and our families...are ready to try mystical things like a balanced budget, terms limits on the Whores and Pimps in Congress, debt reduction, Federal Plantation porch-sitters going back to work--even if it is not their Dream Job...stopping an illegal invasion of the type scarcely seen since something eerily similar happened to another great society----the Roman Empire.

Desperate times call for desperate solutions.

So, Trump is crazy. O.K.

If sanity is what we have been getting, I am ready to try crazy.

And Fuck Barack Obama...Fuck Harry Reid...Fuck Nancy Pelosi...Fuck the all Foolish, Corrupt, Elitist New England Assholes...the Enemy...and put Bill Clinton's bogus coattail-riding bitch in Jail...not as much for gross self-interested handling of e-mails, but for selling State Department Influence for contributions to the Clinton Foundation.

And Fuck Radical Islam...and also Fuck every single member of the so-called Moderate Muslim Community who secretly cheers every time a Lunatic Muslim kills some American when he blows himself up...and that number is huge!

And also Fuck...with NO VASELINE AT ALL, the Traitors who were supposed to be on our side---Paul Ryan, Fuck him...Fuck Mitch McConnell...double FUCK Mitt Romney...Fuck and all the rest of the Pussy Republicans in the Republican Pussy Congress...there are more Pussys in the Republican Caucus than in 100 Bunny Ranches.

Fuck Them all.

Its time for William Wallace...for Thomas Jefferson...for Winston Churchill...for Ronald Reagan.

Trump may be none of those, but we have to take a chance.

Oh no we don't lol...and this is not Dem politics, this is pander to the rich Reaganism, defended to the death. Trump will get killed and lose congress and then we'll FINALLY try it..

 

[BluesLegend]

What's your plan borrow another $10 trillion? Let in millions more illegals? Kill more jobs with fucking retarded regulations and taxes? Please share with us the leftards great plan.

Drumpf said he would borrow more and then 'make a good deal'. In the first debate, he said 'wages are too high', 'end minimum wage'. He has also said he would raise taxes on the working class and slash taxes for his 1% cronies.

Everything he has said would result in a long term depression, a lot more debt, bigger deficit, enormous unemployment.

Question = if Duh Donuld is so damn good with money, how is it he's broke after spending nothing? Hmmm ?

Look at his May numbers. Very telling.
$2.4 on hand last month.
$1.3 mil on hand this month. $45K was his own money and he has put out letters begging for $100K for his current bills.

He is broke.

You have Trump on the brain got it.

As usual, you have no facts so you hide from serious debate.

I wrote facts. He said he would borrow more. And he said he is self-funded. And he is broke.

And, you fools tell us what a wonderful business man he is.

Your post is full of lies lib, big whopper lies dripping with intentional dishonesty.

 

[BluesLegend]

If there's one reason for me to vote for Trump it would be that he's a better choice at getting this economy out of the rut it has been in for years.

If you love where we are in right now and for the last seven years....
Vote for the Hildebeast....

I agree, Trump is our great hope. He is such an obvious liar and idiot he should give Hillary true control of congress so something can be done about this GOP mess. See sig. Higher taxes on the bloated rich and giant corps, lower taxes on the nonrich, training for 4 million tech jobs going begging, cheap loans for college, free Community colleges, an infrastructure bill WAY overdue, a 12.50- 15.00 min wage, basically the end of this pander to the greedy idiot rich mess. Also some kind of fairness doctrine so you functional morons hear some truth- enough to put Rush, Savage, Sean, Levin etc etc out of business just by breaking their idiotic spell.

You should move to communist China and live your dream.

 

[SuperDemocrat]

The experts are wrong.