Trump Thinks He Can Hold Off The Coming Recession By Telling Everyone The Economy Is Booming

[skews13]

President Donald Trump believes he can keep the US economy afloat and avoid a severe downturn by undertaking an aggressive campaign of positive public messaging, despite aides warning him of a looming slowdown, The Washington Post reported Thursday.

Three people familiar with the matter told the publication that in early August the president was privately briefed by officials that data indicated the economy was likely to slow considerably over the next year, a period coinciding with his 2020 reelection campaign.

Trump reportedly thinks he can stave off a looming recession by telling voters the US economy is vibrant and booming

Another Republican. Another recession. Hmm? Amazing How that works.

 

[Jets]

From the link:

In public statements, however, the president has maintained that the US economy is strong, and he reportedly believes he can convince Americans that it remains vibrant through positive public messaging.

Braggadocio is not going to prevent an economy from cycling between prosperity and recession. The song remains the same: Presidents get too much credit for good economies and too much blame for weak ones. No amount of sophistry is going to change that.

 

[JGalt]

President Donald Trump believes he can keep the US economy afloat and avoid a severe downturn by undertaking an aggressive campaign of positive public messaging, despite aides warning him of a looming slowdown, The Washington Post reported Thursday.

Three people familiar with the matter told the publication that in early August the president was privately briefed by officials that data indicated the economy was likely to slow considerably over the next year, a period coinciding with his 2020 reelection campaign.

Trump reportedly thinks he can stave off a looming recession by telling voters the US economy is vibrant and booming

Another Republican. Another recession. Hmm? Amazing How that works.

What "coming recession"? Do you have some personal inside information that we should be made aware of, or are you just repeating something someone else said?

 

[Dekster]

Hope is going to sell more people than doom and gloom my dear democratic posters....

 

[BluesLegend]

Asshole liberals praying for a recession, this reminds me of 2006-2008 the last time they prayed for a recession.

 

[Agit8r]

He'll blame in on Chi-na.

 

[Pete7469]

God forbid Trump tells people what they're seeing is real.

It's a lot better than moonbats telling is we need to lower our thermostats while it was snowing in May because the earth might warm up.

 

[Pete7469]

Asshole liberals praying for a recession, this reminds me of 2006-2008 the last time they prayed for a recession.

One that THEY CAUSED, and there was no resistance from Bush.

You know Trump will pull every string he can to keep things rolling along.

The democrooks revel in misery.


.

 

[BluesLegend]

Asshole liberals praying for a recession, this reminds me of 2006-2008 the last time they prayed for a recession.

One that THEY CAUSED, and there was no resistance from Bush.

You know Trump will pull every string he can to keep things rolling along.

The democrooks revel in misery.


.

Dem need the people to suffer, so they can blame Republicans and get re-elected.

 

[Pete7469]

From the link:

In public statements, however, the president has maintained that the US economy is strong, and he reportedly believes he can convince Americans that it remains vibrant through positive public messaging.

Braggadocio is not going to prevent an economy from cycling between prosperity and recession. The song remains the same: Presidents get too much credit for good economies and too much blame for weak ones. No amount of sophistry is going to change that.

True, but a lot of the economy depends on public perception.

When people believe the future will suck, they don't spend, they don't indulge, and they don't invest.

When public optimism increases, they take chances, invest, indulge and prosper.

Which group of political whores right now seem to be pushing for optimism, and which ones seem desperate to create malaise?

That right there should be enough to get people to dismiss leftists as the treasonous parasites they are.


.

 

[Terri4Trump]

Trump Thinks He Can Hold Off The Coming Recession By Telling Everyone The Economy Is Booming

The economy IS booming you fucking ignoramus. We have the lowest unemployment in 50 years and the economy is booming. You are a fucking retard.

 

[Harpy Eagle]

What "coming recession"? Do you have some personal inside information that we should be made aware of, or are you just repeating something someone else said?

This is the longest period of economic expansion in the history of our country, it will not last forever. Anyone that knows a damn thing about history knows one is coming.

 

[Terri4Trump]

How Is the US Economy Doing?
Six Facts That Tell You How the Economy Is Really Doing
BY KIMBERLY AMADEO Updated August 02, 2019
6 Facts That Tell You How the Economy Is Really Doing

There are six facts that tell you how the economy is doing. Economists call them leading economic indicators because they measure the early influencers on growth. In July 2019, they report that the economy is doing well. It has steady growth, low unemployment, and little inflation. That's called the Goldilocks economy because it's neither too hot nor too cold

1) 164,000 Jobs Added In July 2019 = Strong
In the Non-farm Payroll Report, the Bureau of Labor Statistics surveys how many workers businesses added to their payroll each month. It doesn't count farm workers because farming is seasonal. A healthy economy will create 150,000 jobs on average. Companies will only add workers when they have enough demand to keep them busy.
Manufacturing jobs are an especially important indicator. According to the National Association of Manufacturers, the 12.75 million Americans who work in manufacturing earn an average $84,832 a year, including benefits. When manufacturers start laying them off, it means the economy will be heading into a recession. For example, manufacturers hired fewer workers starting in October 2006 when compared to the prior year.
The unemployment rate is also reported. It's a lagging indicator and so isn't as useful a statistic. Companies usually wait until a recession is well underway before laying off workers. It also takes a while to reduce the unemployment rate, even after hundreds of thousands of new jobs are being created.

Number 2 is coming up in my next post. Read them all: CLICK HERE

 

[Terri4Trump]

How Is the US Economy Doing?
Six Facts That Tell You How the Economy Is Really Doing
BY KIMBERLY AMADEO Updated August 02, 2019
6 Facts That Tell You How the Economy Is Really Doing

There are six facts that tell you how the economy is doing. Economists call them leading economic indicators because they measure the early influencers on growth. In July 2019, they report that the economy is doing well. It has steady growth, low unemployment, and little inflation. That's called the Goldilocks economy because it's neither too hot nor too cold

1) 164,000 Jobs Added In July 2019 = Strong
In the Non-farm Payroll Report, the Bureau of Labor Statistics surveys how many workers businesses added to their payroll each month. It doesn't count farm workers because farming is seasonal. A healthy economy will create 150,000 jobs on average. Companies will only add workers when they have enough demand to keep them busy.
Manufacturing jobs are an especially important indicator. According to the National Association of Manufacturers, the 12.75 million Americans who work in manufacturing earn an average $84,832 a year, including benefits. When manufacturers start laying them off, it means the economy will be heading into a recession. For example, manufacturers hired fewer workers starting in October 2006 when compared to the prior year.
The unemployment rate is also reported. It's a lagging indicator and so isn't as useful a statistic. Companies usually wait until a recession is well underway before laying off workers. It also takes a while to reduce the unemployment rate, even after hundreds of thousands of new jobs are being created.

Number 2 is coming up in my next post. Read them all: CLICK HERE

2) In Second Quarter 2019, GDP Growth Was 2.1% = Ideal
The economy is measured by gross domestic product. That's the dollar value of everything produced in the last year. The most important indicator is GDP growth, which compares this quarter with the last. If the economy is healthy, then GDP growth will be between 2-3%. If it's above 3%, then it could be overheating. When it's below 2%, then it's in danger of contraction. If it's below zero, then it's in a recession.[/QUOTE]

 

[Terri4Trump]

How Is the US Economy Doing?
Six Facts That Tell You How the Economy Is Really Doing
BY KIMBERLY AMADEO Updated August 02, 2019
6 Facts That Tell You How the Economy Is Really Doing

There are six facts that tell you how the economy is doing. Economists call them leading economic indicators because they measure the early influencers on growth. In July 2019, they report that the economy is doing well. It has steady growth, low unemployment, and little inflation. That's called the Goldilocks economy because it's neither too hot nor too cold

1) 164,000 Jobs Added In July 2019 = Strong
In the Non-farm Payroll Report, the Bureau of Labor Statistics surveys how many workers businesses added to their payroll each month. It doesn't count farm workers because farming is seasonal. A healthy economy will create 150,000 jobs on average. Companies will only add workers when they have enough demand to keep them busy.
Manufacturing jobs are an especially important indicator. According to the National Association of Manufacturers, the 12.75 million Americans who work in manufacturing earn an average $84,832 a year, including benefits. When manufacturers start laying them off, it means the economy will be heading into a recession. For example, manufacturers hired fewer workers starting in October 2006 when compared to the prior year.
The unemployment rate is also reported. It's a lagging indicator and so isn't as useful a statistic. Companies usually wait until a recession is well underway before laying off workers. It also takes a while to reduce the unemployment rate, even after hundreds of thousands of new jobs are being created.

Number 2 is coming up in my next post. Read them all: CLICK HERE

2) In Second Quarter 2019, GDP Growth Was 2.1% = Ideal
The economy is measured by gross domestic product. That's the dollar value of everything produced in the last year. The most important indicator is GDP growth, which compares this quarter with the last. If the economy is healthy, then GDP growth will be between 2-3%. If it's above 3%, then it could be overheating. When it's below 2%, then it's in danger of contraction. If it's below zero, then it's in a recession.

3) Durable Goods Orders Rose 2% in July 2019 = Good
Durable goods are machinery, equipment and raw materials that businesses use in their operations. Think of steam shovels, tanks, and airplanes. In fact, commercial planes are the largest component of durable goods.
To be considered a durable good, the equipment must last at least three years. They are expensive, so businesses put off buying them until they really need them. As a result, they are a great indicator of economic health. Businesses only buy them when they feel confident about the future.

 

[Terri4Trump]

How Is the US Economy Doing?
Six Facts That Tell You How the Economy Is Really Doing
BY KIMBERLY AMADEO Updated August 02, 2019
6 Facts That Tell You How the Economy Is Really Doing

There are six facts that tell you how the economy is doing. Economists call them leading economic indicators because they measure the early influencers on growth. In July 2019, they report that the economy is doing well. It has steady growth, low unemployment, and little inflation. That's called the Goldilocks economy because it's neither too hot nor too cold

1) 164,000 Jobs Added In July 2019 = Strong
In the Non-farm Payroll Report, the Bureau of Labor Statistics surveys how many workers businesses added to their payroll each month. It doesn't count farm workers because farming is seasonal. A healthy economy will create 150,000 jobs on average. Companies will only add workers when they have enough demand to keep them busy.
Manufacturing jobs are an especially important indicator. According to the National Association of Manufacturers, the 12.75 million Americans who work in manufacturing earn an average $84,832 a year, including benefits. When manufacturers start laying them off, it means the economy will be heading into a recession. For example, manufacturers hired fewer workers starting in October 2006 when compared to the prior year.
The unemployment rate is also reported. It's a lagging indicator and so isn't as useful a statistic. Companies usually wait until a recession is well underway before laying off workers. It also takes a while to reduce the unemployment rate, even after hundreds of thousands of new jobs are being created.

Number 2 is coming up in my next post. Read them all: CLICK HERE

2) In Second Quarter 2019, GDP Growth Was 2.1% = Ideal
The economy is measured by gross domestic product. That's the dollar value of everything produced in the last year. The most important indicator is GDP growth, which compares this quarter with the last. If the economy is healthy, then GDP growth will be between 2-3%. If it's above 3%, then it could be overheating. When it's below 2%, then it's in danger of contraction. If it's below zero, then it's in a recession.

3) Durable Goods Orders Rose 2% in July 2019 = Good
Durable goods are machinery, equipment and raw materials that businesses use in their operations. Think of steam shovels, tanks, and airplanes. In fact, commercial planes are the largest component of durable goods.
To be considered a durable good, the equipment must last at least three years. They are expensive, so businesses put off buying them until they really need them. As a result, they are a great indicator of economic health. Businesses only buy them when they feel confident about the future.

4) YOY Core Inflation Was 2.0% = At Target
Inflation measures rising prices. The Federal Reserve monitors the core inflation rate because it leaves out volatile food and gas prices. It also prefers the year over year inflation rate because it removes the impact of seasonal variations.
The Fed sets a target rate of 2% year-over-year for the core rate. That level of inflation is healthy because then consumers expect prices to rise. That makes them more likely to buy now, rather than wait. The increased demand spurs economic growth. The Fed uses the inflation rate when deciding whether to raise the fed funds rate.
The Fed's inflation gauge is the PCE Price Index. It also says inflation is increasing. That normally means the Fed would be more likely to raise rates at the next FOMC meeting. But the Committee is worried about slowing growth. It said it wouldn't raise rates through 2021.[/QUOTE]

 

[JGalt]

What "coming recession"? Do you have some personal inside information that we should be made aware of, or are you just repeating something someone else said?

This is the longest period of economic expansion in the history of our country, it will not last forever. Anyone that knows a damn thing about history knows one is coming.

Anyone who knows anything about history said Donald Trump will never become President. Those who knew anything about politics said the same thing.

Apparently they were wrong. Trump is unlike any President this country has ever had, and he is leading it to places we haven't been before.

 

[Edgetho]

Someday, there will be a recession.

We all know it. Well, people with an IQ know it.

You're just hoping and praying that it happens on Trump's watch. That way you can blame him.

dimocraps are scum

And, OBTW, because The Lying Cocksucker, Bush, The Rapist and Bush I were such weak kneed pussies, Trump's got to take on China by himself.

He just nailed their dicks to the wall with even more tariffs.

It's gonna get worse before it gets better.

I've been telling all of you in here that China's biggest problem, their major weakness throughout the Centuries, has been their arrogance.

They are an incredibly arrogant people.

It's gonna get ugly.

China's got even bigger problems in Hong Kong but if you're a dimocrap scumbag, you wouldn't know about that since Comedy Central isn't covering it.

 

[Third Party]

President Donald Trump believes he can keep the US economy afloat and avoid a severe downturn by undertaking an aggressive campaign of positive public messaging, despite aides warning him of a looming slowdown, The Washington Post reported Thursday.

Three people familiar with the matter told the publication that in early August the president was privately briefed by officials that data indicated the economy was likely to slow considerably over the next year, a period coinciding with his 2020 reelection campaign.

Trump reportedly thinks he can stave off a looming recession by telling voters the US economy is vibrant and booming

Another Republican. Another recession. Hmm? Amazing How that works.

Nobody knows-he says that just to counteract CNN, MSNBC, and ABC and their bullshit

 

[Rambunctious]

President Donald Trump believes he can keep the US economy afloat and avoid a severe downturn by undertaking an aggressive campaign of positive public messaging, despite aides warning him of a looming slowdown, The Washington Post reported Thursday.

Three people familiar with the matter told the publication that in early August the president was privately briefed by officials that data indicated the economy was likely to slow considerably over the next year, a period coinciding with his 2020 reelection campaign.

Trump reportedly thinks he can stave off a looming recession by telling voters the US economy is vibrant and booming

Another Republican. Another recession. Hmm? Amazing How that works.

What coming recession?....is a coming recession as bad as a real recession?...what happens if the coming recession takes 5 years to come here?....give it up....