Economiets predict we could have a global crisis that will be worse than the last recession by 2020. This won’t be Trump’s fault. These signs aren’t related to his policies.
However, the question is how republicans will respond to the crisis. Tax cuts? Deregulation? It’s frankly childish to assume these will resolve such a crisis, especially since Trump has already done both of those things and the recession is expected to happen anyway.
It really should scare people that the GOP will be in power during such a crisis. They literally have nothing else to offer the economy besides those policies. Part of what will drive the recession is low wages not producing enough consumer spending. The GOP doesn’t give a shit about consumer spending. If they did, they would focus on strengthing the middle class rather than giving the fat cats more money. There are too few fat cats in this country to actually stimulate the demand side of the economy.
However, the question is how republicans will respond to the crisis. Tax cuts? Deregulation? It’s frankly childish to assume these will resolve such a crisis, especially since Trump has already done both of those things and the recession is expected to happen anyway.
It really should scare people that the GOP will be in power during such a crisis. They literally have nothing else to offer the economy besides those policies. Part of what will drive the recession is low wages not producing enough consumer spending. The GOP doesn’t give a shit about consumer spending. If they did, they would focus on strengthing the middle class rather than giving the fat cats more money. There are too few fat cats in this country to actually stimulate the demand side of the economy.