Since we are already doing everything we do to get out of a recession, what will we do when we have one?Yes. the end of a ten year expansion is proof of Trump screwing up on tariffs unless you can point to what else has caused the end of expansion. We have full employment. Without the tariffs, real wages were going up. No inflation to speak of. Fairly low rates, and credit card rates are not hindering consumer buying. In real estate, if anything we had a shortage of affordable first buyer homes.But trump cut taxes, eliminated regulation, is spending like we are in a recession...Indicators of a business cycle that might be reached a turning point.
Average length of an expansion is 59 months.
This one is a new record at 121 months and counting.
Anyone that would cite an economic expansion ending at 121 months as proof of a failed economic policy,
is lying.
So, to be clear, you are dropping your point, that an end to the record setting 121 month expansion, can be considered "proof" that Trump's tariffs are "not working"?
Because that was what we were talking about. Your claim that the slowing economic proved that the Tariff were not working.
Which is a really stupid thing to claim, that a economy slowing after TEN FUCKING YEARS OF GROWTH, is evidence that something didn't work.
I just want to be clear, that you aren't going to just sideline that for a little bit, and then go back to it, as though it has not been utterly refuted.
You're not insanely dishonest like that are you.
The millennials continued to be being screwed, but that's really a generational carryover from the last recession.It sure can when we have trillion dollar deficits. Historically low fed rate. Huge tax cut, Cuts in regulation, Your policy leading us to recession, you might want to rethink it.We are spending like we are in a recession. He gave out huge tax cuts. He cut regulations. And the economy is slowing. His policy is failure.What is funny about asking you to be clear if you are conceding a point, that I proved was stupid as fuck?
I know what is funny about it. I just want to see if you have the balls to say it.
An expansion ending, YEARS after it normally would, CAN NOT BE CONSIDERED A FAILURE, by any sane person.
You can't sanely claim that a policy is leading to recession, when the recession is delayed by at least FIVE YEARS PAST THE NORMAL TIME.
It would be like pointing to a man that died at 140, and using him as an example of what NOT to do, to take care of yourself.
I'm more concerned about long term underlying trends.
But your point is a valid concern.
I'm glad you dropped your silly idea of citing success as proof of failure.
I think we should drastically curtail our military commitments so we can massively cut our military spending.