When the next big recession hits in a few years, how would the GOP respond?

[Sun Devil 92]

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.

Do you have a safe place to hide in fear with your husband and cry?

You sound like an 8th grader lol. Only repubs and 8th graders think an acccusation of being gay is the ultimate burn somehow lol. God forbid you people are capable of any level wit.

Still drinking and posting I see.

 

[BluesLegend]

Trump and the GOP need to raise the top tax rate

I already pay my fair share, first cut spending THEN maybe we can discuss raising my taxes.

 

[Jimmy_Chitwood]

You can cherry pick theoretical economists any way you want.

There were lots calling for good times ahead as we headed into the 2008 recession.

I heard others saying that we really hadn't fixed the real estate crisis because instead of letting the market clear the market was propped up by exchanging treasuries for crappy mortgages, bailouts, quantitative easing, and ridiculously low interest rates.

So you "economists predicts" is silly and everything that follows is therefore baseless.

instead of letting the market clear the market was propped up by exchanging treasuries for crappy mortgages

Who did that?

The Fed and the Treasury.


How Bundles of Loans Created the Financial Crisis

Thanks for the link (is that supposed to be a decent source?)
What does it have to do with the claim that "the market was propped up by exchanging treasuries for crappy mortgages"?

It was until the Fed and the Treasury started buying these CDOs that a semblance of functioning returned to the financial markets.

The Fed didn't buy any CDOs, neither did the Treasury.

Treasury and Federal Reserve Purchase Programs | Federal Housing Finance Agency

Thanks for the link.

The Fed didn't buy any CDOs, neither did the Treasury.

I never said they did.

I said mortgages.

 

[Toddsterpatriot]

instead of letting the market clear the market was propped up by exchanging treasuries for crappy mortgages

Who did that?

The Fed and the Treasury.


How Bundles of Loans Created the Financial Crisis

Thanks for the link (is that supposed to be a decent source?)
What does it have to do with the claim that "the market was propped up by exchanging treasuries for crappy mortgages"?

It was until the Fed and the Treasury started buying these CDOs that a semblance of functioning returned to the financial markets.

The Fed didn't buy any CDOs, neither did the Treasury.

Treasury and Federal Reserve Purchase Programs | Federal Housing Finance Agency

Thanks for the link.

The Fed didn't buy any CDOs, neither did the Treasury.

I never said they did.

I said mortgages.

I never said they did.​

​

I said mortgages.​

And your evidence was a link that said they bought CDOs. ​

The Fed didn't buy any crappy mortgages, neither did the Treasury.

 

[Jimmy_Chitwood]

The Fed and the Treasury.


How Bundles of Loans Created the Financial Crisis

Thanks for the link (is that supposed to be a decent source?)
What does it have to do with the claim that "the market was propped up by exchanging treasuries for crappy mortgages"?

It was until the Fed and the Treasury started buying these CDOs that a semblance of functioning returned to the financial markets.

The Fed didn't buy any CDOs, neither did the Treasury.

Treasury and Federal Reserve Purchase Programs | Federal Housing Finance Agency

Thanks for the link.

The Fed didn't buy any CDOs, neither did the Treasury.

I never said they did.

I said mortgages.

I never said they did.

I said mortgages.

And your evidence was a link that said they bought CDOs. ​

The Fed didn't buy any crappy mortgages, neither did the Treasury.

Did you see this messafge and related link:


When the next big recession hits in a few years, how would the GOP respond?

 

[Toddsterpatriot]

Thanks for the link (is that supposed to be a decent source?)
What does it have to do with the claim that "the market was propped up by exchanging treasuries for crappy mortgages"?

It was until the Fed and the Treasury started buying these CDOs that a semblance of functioning returned to the financial markets.

The Fed didn't buy any CDOs, neither did the Treasury.

Treasury and Federal Reserve Purchase Programs | Federal Housing Finance Agency

Thanks for the link.

The Fed didn't buy any CDOs, neither did the Treasury.

I never said they did.

I said mortgages.

I never said they did.

I said mortgages.

And your evidence was a link that said they bought CDOs. ​

The Fed didn't buy any crappy mortgages, neither did the Treasury.

Did you see this messafge and related link:


When the next big recession hits in a few years, how would the GOP respond?

Yes, I saw the link that didn't show the Fed and the Treasury buying crappy mortgages.
The Treasury, in TARP, bought preferred stock, mostly in banks.
The Federal Reserve, in QE, bought US Treasuries and guaranteed mortgages, not a crappy one in the pile.

 

[rightwinger]

Conservatives will respond the way they respond to everything

Cut taxes

 

[Staidhup]

The next recession will be triggered by debt.

 

[kyzr]

The crisis is coming. The DC coxuckers fiddled instead of doing the hard work of managing the Budget, now it may be too late

 

[Ray From Cleveland]

Conservatives will respond the way they respond to everything

Cut taxes

Beats Democrats who respond to everything by raising taxes, expanding social programs or creating new ones.

 

[kyzr]

you forgot to finish the sentence with "...to maintain the dependency of their urban plantations".

 

[Bootney Lee Farnsworth]

When the next big recession hits in a few years, how would the GOP respond?

Do the exact opposite of what the commies would do.

 

[rightwinger]

Republicans will blame Obama and Barney Frank and then insist we cut taxes

 

[caddo kid]

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.

When the next big recession hits in a few years, how would the GOP respond?

Trump will blame someone else; probably Hillary Clinton.

 

[Ray From Cleveland]

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.

When the next big recession hits in a few years, how would the GOP respond?

Trump will blame someone else; probably Hillary Clinton.

Why do you suppose he’d do that? Do you think every President acts like Obama?


Sent from my iPad using USMessageBoard.com

 

[rightwinger]

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.

When the next big recession hits in a few years, how would the GOP respond?

Trump will blame someone else; probably Hillary Clinton.

Why do you suppose he’d do that? Do you think every President acts like Obama?


Sent from my iPad using USMessageBoard.com

If only they did act like the Great Obama

 

[mudwhistle]

IMHO the next "great recession" is coming soon. It will be caused by the Debt and rising interest rates. Trump and the GOP need to raise the top tax rate, save SS and MediCare, and cut spending to balance the Budget. The alternative is the biggest financial crisis in history

No. The solution is get all of the Obama holdovers out of the Federal Reserve.

 

[Votto]

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.

Putin done it.

 

[LordBrownTrout]

The way most conservatives always do: with dishonesty and lies.

They likely try to blame Obama and/or Clinton.

The way most liberals always do: with dishonesty and lies.

They likely try to blame bush and/or trump.

 

[NightFox]

Economiets predict we could have a global crisis that will be worse than the last recession by 2020.
.

What "Economiets" are predicting that?