We don't pretend to be an economic guru but this bit of financial advice from the top ranking elected official in Kansas City should inspire some calculation as we count down to payday.
Checkit . . .
Congressman Cleaver:
"More and more economists are predicting a recession in the next 2 years thanks to the President’s misguided trade war. The warnings signs are flashing, and the President needs to respond accordingly before it’s too late." #TradeNotAid
You decide . . .
Damn, should I listen to Trump for economic advice of the guy who set the entire East side back 50+ years. Tough choice
ReplyDeleteThis is actually the only issue where Trump is up against the odds. The corporations, small businesses and farmers don't want him raising their prices.
ReplyDeleteI agree with a lot of his policies but I think even his top supporters have to understand that this one is a loser.
I'll still trust trump on this one. He's been right about things where everyone's been saying he's wrong a lot.
ReplyDeleteThe same economists Carwash is channeling predicted the economy would crash bigly if Trump were elected. How'd that work out for ya, Cleaver?
ReplyDeleteMacro economics can sort of explain past events, but has been worthless at telling us what the future holds.
The job won't be finished until the only goods made in china found in the stores are a box of finger traps or sparklers in the novelty section.
ReplyDelete1:57 - like what? And please, don't just throw out the general economy. The economy has been in expansion since long before Trump came into office. He's riding a trend that is probably going to come to an end at some point in the near future. And the tax cuts ain't done shit but blow up the deficit.
ReplyDeleteIf Trump gets another term, any farmer who's had a market in China for their produce is royally fucked. It take years and years to develop markets and China is starting to give that business to Russia and Brazil.
Another recession will be ok with me, even up the playing field....
ReplyDeleteIf you look to Cleaver for advice the entire country will look like the area from Troost East to I-435, and no one will pay the debts that they owe.
ReplyDeleteTrump is trying to run this country like his dumb book, all bullshit from a clueless rich kid.
ReplyDeleteA lesson in economics by the likes of Cleaver?
ReplyDeleteGrifting and shakedowns, maybe, but not actual economic facts.
Hahahahahaha!!!
ReplyDeleteClever is so stupid he doesn't even know what a trade war is and why is he concerned he's busy looking for ways to steal and destroy he doesn't even work the lazy sucker.
Will a recession prevent him from paying his SBA loan back to the taxpayers.
ReplyDeleteTrump can't even say what "deal" he is trying to make.
ReplyDeleteHis goals are "we'll see what happens", "if it happens, it will be great; and if not, that's OK too", and "who knows".
He has zero idea what he is doing. His half hour Q%A on the WH lawn today was a word salad of incoherence.
In the meantime farm delinquencies and bankruptcies is the supposedly booming 2% GDP economy are at a great recession high. Trump is going to need billions more of socialist bailouts to patch up the damage he has caused farmers.