The global economy is slowing down. What can governments do about it?

[danielpalos]

inflation happens. why not price controls, if that is your chief complaint.

yeah those have worked too haven't they.....why do you support so many failures

a cost of living adjustment is reasonable and Labor needs the money to afford our first world economy.

Case ya didnt know $15 hr doesn't afford you a "liveable" lifestyle

it is a cost of living adjustment, and the Poor tend to spend most of their income sooner rather than later.

higher paid labor must pay more in taxes and create more in demand.

Its a scam....try to keep up

nobody takes the right wing seriously about economics.

 

[Hossfly]

Granny still wantin' to know...

... when she gonna get dat 2nd stimulus check!!??

Where ya been, Waltky? Been 7 months, How's your health? We missed you.

 

[danielpalos]

here is another solution

to this US problem:

 

[Claudette]

Are you tired of not-winning yet?

The Trump slump is coming loaded with lots of Trumpery, lies and perverted reality.

Donald Trump has damaged the world economy which was headed for boom times before Trump started his trade war. Donald Trump's tariffs have only forced up prices for US consumers and importers.

It appears that the USA GDP growth is headed towards 2% or less and is likely to fall further as the world economy weakens. A sharp pullback in manufacturing was observed in January.

The US is in a bad state to stave off a recession in case the economy declines that far. Economist Paul Krugman has predicted a US recession around 2020.

This is a consequence of Trump decision making from his gut because his brain is not competent in economic analysis.

"Spending by American consumers in December was weak, but perhaps of more significance was the sharp pull-back in manufacturing in January, which fits with a picture of declining factory output elsewhere. In the winter of 2008, crashing industrial production and a contraction in trade flows were signs of the depth of the global slump."

The global economy is slowing down. What can governments do about it?

The global economy is slowing down. What can governments do about it?
The Observer
Global economy
A decade after the crash, many nations are still on emergency monetary policies, even before a new downturn strikes
Larry Elliott and Phillip Inman

Sat 23 Feb 2019 16.00 GMT

Central banks are getting twitchy. On average, recessions have come along once a decade since the mid-1970s and the nadir of the last downturn occurred almost a decade ago.

The Nobel prize-winning economist Paul Krugman has predicted that there will be a recession in America by the time Donald Trump comes up for re-election at the end of next year.

The darkening outlook for global growth is putting pressure on the US president to resolve his trade dispute with China. When the White House announced its first tranche of protectionist measures almost a year ago, hopes were high that the world economy had at last shrugged off the long hangover from the financial crisis and deep slump of 2008-09. In the months before Trump went toe-to-toe with China’s president, Xi Jinping, it was expanding strongly and the International Monetary Fund was talking about a synchronised upturn. A year later – and with the 1 March deadline for a fresh round of US tariffs fast approaching – the mood has changed. All of which raises three big questions:

1. What is happening to the global economy?

Official statistics in the US have been delayed as a result of the federal government shutdown, but when the figures for growth in the fourth quarter of 2018 are finally released this week, they are expected to show that the world’s biggest economy has joined in a slowdown that is affecting Europe, China and a slew of other strategically important countries.

If the second half of 2018 provided isolated evidence that global growth had peaked, the data since the turn of the year has been unambiguous: all of the world’s major economies look weaker than they did 12 months ago. Britain grew by just 0.2% in the final three months of 2018, as did the eurozone. And Italy is suffering its fifth recession in two decades.

Spending by American consumers in December was weak, but perhaps of more significance was the sharp pull-back in manufacturing in January, which fits with a picture of declining factory output elsewhere. In the winter of 2008, crashing industrial production and a contraction in trade flows were signs of the depth of the global slump. Ominously, both are again weak. ...

Trump is not President of the world, he is President of the United States. If the world goes into recession, and the United States keeps going along at 1 or 2% growth while that is happening, it proves to me he has done a better job than the Socialists in the EU, don't you think!

Bingo. Can't say I give a shit about the Global economy.

Ours is doing great and that's what I care about.

The rest of the world can kiss my ass.

 

[BrokeLoser]

Trump stated that he would get US GDP to 4%, then he said he may even get it to 5%, or 6%.

What does that claim demonstrate? It demonstrates several things.

1. Arrogance
2. Trump has blown nearly $2 TRILLION in less than 18 months to grease the 'magic GDP' machine
3. those that believed Trump's claim are dumber than a box of cow shit & do NOT understand the dynamics of the US labor force, among other factors.

Everybody predicted the surge in GDP that Trump says nobody predicted

Trump Thinks the U.S. Could See GDP Growth of 6%. The Data Says Otherwise.

You people that believe in this cult of Trump voodoo economics shit are just pure stupid

FUCK the "world"...I'm kicking ass and so is everybody else I know that is worth a shit.
Wetbacks are back in hiding and the flow has been slowed to trickle...I'm smiling ear to ear.
"2. Trump has blown nearly $2 TRILLION in less than 18 months to grease the 'magic GDP' machine"
What did Trump spend $2 trillion on? EXACTLY what spending do you disagree with?

(watch this folks, caddo kid will pretend he/she didn't see this as CNN will have to tell him/her what part of Trumps spending to hate)

 

[caddo kid]

Trump stated that he would get US GDP to 4%, then he said he may even get it to 5%, or 6%.

What does that claim demonstrate? It demonstrates several things.

1. Arrogance
2. Trump has blown nearly $2 TRILLION in less than 18 months to grease the 'magic GDP' machine
3. those that believed Trump's claim are dumber than a box of cow shit & do NOT understand the dynamics of the US labor force, among other factors.

Everybody predicted the surge in GDP that Trump says nobody predicted

Trump Thinks the U.S. Could See GDP Growth of 6%. The Data Says Otherwise.

You people that believe in this cult of Trump voodoo economics shit are just pure stupid

FUCK the "world"...I'm kicking ass and so is everybody else I know that is worth a shit.
Wetbacks are back in hiding and the flow has been slowed to trickle...I'm smiling ear to ear.
"2. Trump has blown nearly $2 TRILLION in less than 18 months to grease the 'magic GDP' machine"
What did Trump spend $2 trillion on? EXACTLY what spending do you disagree with?

(watch this folks, caddo kid will pretend he/she didn't see this as CNN will have to tell him/her what part of Trumps spending to hate)

What?

 

[BrokeLoser]

Trump stated that he would get US GDP to 4%, then he said he may even get it to 5%, or 6%.

What does that claim demonstrate? It demonstrates several things.

1. Arrogance
2. Trump has blown nearly $2 TRILLION in less than 18 months to grease the 'magic GDP' machine
3. those that believed Trump's claim are dumber than a box of cow shit & do NOT understand the dynamics of the US labor force, among other factors.

Everybody predicted the surge in GDP that Trump says nobody predicted

Trump Thinks the U.S. Could See GDP Growth of 6%. The Data Says Otherwise.

You people that believe in this cult of Trump voodoo economics shit are just pure stupid

FUCK the "world"...I'm kicking ass and so is everybody else I know that is worth a shit.
Wetbacks are back in hiding and the flow has been slowed to trickle...I'm smiling ear to ear.
"2. Trump has blown nearly $2 TRILLION in less than 18 months to grease the 'magic GDP' machine"
What did Trump spend $2 trillion on? EXACTLY what spending do you disagree with?

(watch this folks, caddo kid will pretend he/she didn't see this as CNN will have to tell him/her what part of Trumps spending to hate)

What?

LefTard Logic:
"When made to look like the ignorant fool you are....PLAY STUPID!"

 

[McRocket]

Trump stated that he would get US GDP to 4%, then he said he may even get it to 5%, or 6%.

What does that claim demonstrate? It demonstrates several things.

1. Arrogance
2. Trump has blown nearly $2 TRILLION in less than 18 months to grease the 'magic GDP' machine
3. those that believed Trump's claim are dumber than a box of cow shit & do NOT understand the dynamics of the US labor force, among other factors.

Everybody predicted the surge in GDP that Trump says nobody predicted

Trump Thinks the U.S. Could See GDP Growth of 6%. The Data Says Otherwise.

You people that believe in this cult of Trump voodoo economics shit are just pure stupid

FUCK the "world"...I'm kicking ass and so is everybody else I know that is worth a shit.
Wetbacks are back in hiding and the flow has been slowed to trickle...I'm smiling ear to ear.
"2. Trump has blown nearly $2 TRILLION in less than 18 months to grease the 'magic GDP' machine"
What did Trump spend $2 trillion on? EXACTLY what spending do you disagree with?

(watch this folks, caddo kid will pretend he/she didn't see this as CNN will have to tell him/her what part of Trumps spending to hate)

Trump is currently running a $900 billion deficit for FY2019.

https://www.fiscal.treasury.gov/files/reports-statements/mts/mts.pdf

Is that too high in your opinion for a growing economy during peacetime in 2019?

Yes or no, please?

 

[caddo kid]

Trump stated that he would get US GDP to 4%, then he said he may even get it to 5%, or 6%.

What does that claim demonstrate? It demonstrates several things.

1. Arrogance
2. Trump has blown nearly $2 TRILLION in less than 18 months to grease the 'magic GDP' machine
3. those that believed Trump's claim are dumber than a box of cow shit & do NOT understand the dynamics of the US labor force, among other factors.

Everybody predicted the surge in GDP that Trump says nobody predicted

Trump Thinks the U.S. Could See GDP Growth of 6%. The Data Says Otherwise.

You people that believe in this cult of Trump voodoo economics shit are just pure stupid

FUCK the "world"...I'm kicking ass and so is everybody else I know that is worth a shit.
Wetbacks are back in hiding and the flow has been slowed to trickle...I'm smiling ear to ear.
"2. Trump has blown nearly $2 TRILLION in less than 18 months to grease the 'magic GDP' machine"
What did Trump spend $2 trillion on? EXACTLY what spending do you disagree with?

(watch this folks, caddo kid will pretend he/she didn't see this as CNN will have to tell him/her what part of Trumps spending to hate)

What?

LefTard Logic:
"When made to look like the ignorant fool you are....PLAY STUPID!"

I have no idea what YOUR rant is from your previous post, thus, "What?"

 

[caddo kid]

Trump stated that he would get US GDP to 4%, then he said he may even get it to 5%, or 6%.

What does that claim demonstrate? It demonstrates several things.

1. Arrogance
2. Trump has blown nearly $2 TRILLION in less than 18 months to grease the 'magic GDP' machine
3. those that believed Trump's claim are dumber than a box of cow shit & do NOT understand the dynamics of the US labor force, among other factors.

Everybody predicted the surge in GDP that Trump says nobody predicted

Trump Thinks the U.S. Could See GDP Growth of 6%. The Data Says Otherwise.

You people that believe in this cult of Trump voodoo economics shit are just pure stupid

FUCK the "world"...I'm kicking ass and so is everybody else I know that is worth a shit.
Wetbacks are back in hiding and the flow has been slowed to trickle...I'm smiling ear to ear.
"2. Trump has blown nearly $2 TRILLION in less than 18 months to grease the 'magic GDP' machine"
What did Trump spend $2 trillion on? EXACTLY what spending do you disagree with?

(watch this folks, caddo kid will pretend he/she didn't see this as CNN will have to tell him/her what part of Trumps spending to hate)

Trump is currently running a $900 billion deficit for FY2019.

https://www.fiscal.treasury.gov/files/reports-statements/mts/mts.pdf

Is that too high in your opinion for a growing economy during peacetime in 2019?

Yes or no, please?

Trump supporters don't give two shits about RECORD deficit spending by Trump.

 

[BrokeLoser]

Trump stated that he would get US GDP to 4%, then he said he may even get it to 5%, or 6%.

What does that claim demonstrate? It demonstrates several things.

1. Arrogance
2. Trump has blown nearly $2 TRILLION in less than 18 months to grease the 'magic GDP' machine
3. those that believed Trump's claim are dumber than a box of cow shit & do NOT understand the dynamics of the US labor force, among other factors.

Everybody predicted the surge in GDP that Trump says nobody predicted

Trump Thinks the U.S. Could See GDP Growth of 6%. The Data Says Otherwise.

You people that believe in this cult of Trump voodoo economics shit are just pure stupid

FUCK the "world"...I'm kicking ass and so is everybody else I know that is worth a shit.
Wetbacks are back in hiding and the flow has been slowed to trickle...I'm smiling ear to ear.
"2. Trump has blown nearly $2 TRILLION in less than 18 months to grease the 'magic GDP' machine"
What did Trump spend $2 trillion on? EXACTLY what spending do you disagree with?

(watch this folks, caddo kid will pretend he/she didn't see this as CNN will have to tell him/her what part of Trumps spending to hate)

Trump is currently running a $900 billion deficit for FY2019.

https://www.fiscal.treasury.gov/files/reports-statements/mts/mts.pdf

Is that too high in your opinion for a growing economy during peacetime in 2019?

Yes or no, please?

I don't know, is it? Where can we make cuts, what is the spending appropriated for?
On the surface that's definitely too high and if we go with the CNN programming we just leave it at that...right?
Go ahead and enlighten us; what spending do you disagree with? Be specific please.

 

[BrokeLoser]

Trump stated that he would get US GDP to 4%, then he said he may even get it to 5%, or 6%.

What does that claim demonstrate? It demonstrates several things.

1. Arrogance
2. Trump has blown nearly $2 TRILLION in less than 18 months to grease the 'magic GDP' machine
3. those that believed Trump's claim are dumber than a box of cow shit & do NOT understand the dynamics of the US labor force, among other factors.

Everybody predicted the surge in GDP that Trump says nobody predicted

Trump Thinks the U.S. Could See GDP Growth of 6%. The Data Says Otherwise.

You people that believe in this cult of Trump voodoo economics shit are just pure stupid

FUCK the "world"...I'm kicking ass and so is everybody else I know that is worth a shit.
Wetbacks are back in hiding and the flow has been slowed to trickle...I'm smiling ear to ear.
"2. Trump has blown nearly $2 TRILLION in less than 18 months to grease the 'magic GDP' machine"
What did Trump spend $2 trillion on? EXACTLY what spending do you disagree with?

(watch this folks, caddo kid will pretend he/she didn't see this as CNN will have to tell him/her what part of Trumps spending to hate)

Trump is currently running a $900 billion deficit for FY2019.

https://www.fiscal.treasury.gov/files/reports-statements/mts/mts.pdf

Is that too high in your opinion for a growing economy during peacetime in 2019?

Yes or no, please?

Trump supporters don't give two shits about RECORD deficit spending by Trump.

Look, you ignorant bastards don’t even know what you’re bitching about. You can’t tell us how your life sucks because of debt and or deficit spending and you can’t tell us what spending you disagree with...Go back to the drawing board and concoct your fucking story.
Consider this:
My wife spends $10k, do I bitch about her spending $10k without knowing how and why my life will be negatively affected by her spending?
What if she bought a much needed new van for the business that will yield a return in time? I need to know the details...right?
Your boy, the Kenyan, invested in America’s filth...there was no potential for ROi.

 

[caddo kid]

See; I told you Trump supporters don't give two shits.

 

[McRocket]

Trump stated that he would get US GDP to 4%, then he said he may even get it to 5%, or 6%.

What does that claim demonstrate? It demonstrates several things.

1. Arrogance
2. Trump has blown nearly $2 TRILLION in less than 18 months to grease the 'magic GDP' machine
3. those that believed Trump's claim are dumber than a box of cow shit & do NOT understand the dynamics of the US labor force, among other factors.

Everybody predicted the surge in GDP that Trump says nobody predicted

Trump Thinks the U.S. Could See GDP Growth of 6%. The Data Says Otherwise.

You people that believe in this cult of Trump voodoo economics shit are just pure stupid

FUCK the "world"...I'm kicking ass and so is everybody else I know that is worth a shit.
Wetbacks are back in hiding and the flow has been slowed to trickle...I'm smiling ear to ear.
"2. Trump has blown nearly $2 TRILLION in less than 18 months to grease the 'magic GDP' machine"
What did Trump spend $2 trillion on? EXACTLY what spending do you disagree with?

(watch this folks, caddo kid will pretend he/she didn't see this as CNN will have to tell him/her what part of Trumps spending to hate)

Trump is currently running a $900 billion deficit for FY2019.

https://www.fiscal.treasury.gov/files/reports-statements/mts/mts.pdf

Is that too high in your opinion for a growing economy during peacetime in 2019?

Yes or no, please?

I don't know, is it? Where can we make cuts, what is the spending appropriated for?
On the surface that's definitely too high and if we go with the CNN programming we just leave it at that...right?
Go ahead and enlighten us; what spending do you disagree with? Be specific please.

As soon as you answer a definitive 'yes' or 'no'...I will be happy to tell you where cuts should be made, IMO.

Your above answer was vague at best. First you ask if it is, then you say it is and then you back up on it with some CNN comment.

Once again:

Trump is currently running a $900 billion deficit for FY2019.

https://www.fiscal.treasury.gov/files/reports-statements/mts/mts.pdf

Is that too high in your opinion for a growing economy during peacetime in 2019?

Yes or no, please?

 

[BrokeLoser]

Trump stated that he would get US GDP to 4%, then he said he may even get it to 5%, or 6%.

What does that claim demonstrate? It demonstrates several things.

1. Arrogance
2. Trump has blown nearly $2 TRILLION in less than 18 months to grease the 'magic GDP' machine
3. those that believed Trump's claim are dumber than a box of cow shit & do NOT understand the dynamics of the US labor force, among other factors.

Everybody predicted the surge in GDP that Trump says nobody predicted

Trump Thinks the U.S. Could See GDP Growth of 6%. The Data Says Otherwise.

You people that believe in this cult of Trump voodoo economics shit are just pure stupid

FUCK the "world"...I'm kicking ass and so is everybody else I know that is worth a shit.
Wetbacks are back in hiding and the flow has been slowed to trickle...I'm smiling ear to ear.
"2. Trump has blown nearly $2 TRILLION in less than 18 months to grease the 'magic GDP' machine"
What did Trump spend $2 trillion on? EXACTLY what spending do you disagree with?

(watch this folks, caddo kid will pretend he/she didn't see this as CNN will have to tell him/her what part of Trumps spending to hate)

Trump is currently running a $900 billion deficit for FY2019.

https://www.fiscal.treasury.gov/files/reports-statements/mts/mts.pdf

Is that too high in your opinion for a growing economy during peacetime in 2019?

Yes or no, please?

I don't know, is it? Where can we make cuts, what is the spending appropriated for?
On the surface that's definitely too high and if we go with the CNN programming we just leave it at that...right?
Go ahead and enlighten us; what spending do you disagree with? Be specific please.

As soon as you answer a definitive 'yes' or 'no'...I will be happy to tell you where cuts should be made, IMO.

Your above answer was vague at best. First you ask if it is, then you say it is and then you back up on it with some CNN comment.

Once again:

Trump is currently running a $900 billion deficit for FY2019.

https://www.fiscal.treasury.gov/files/reports-statements/mts/mts.pdf

Is that too high in your opinion for a growing economy during peacetime in 2019?

Yes or no, please?

I'll play along...YES