The Next Recession Is Going to Be Brutal. The economy is showing signs of turning ...

[Toddsterpatriot]

The Dow jumped by nearly 450 points in the days leading up to the election while Hillary was predicted to win.

It's funny when the market thinks Hillary would be better than Obama, eh?

LOL

To clarify... you think that. The market didn't.

It would have been difficult for Hillary to be worse than Obama.

LOL

Well there's your delusion ... and then there's the Dow tripling under Obama after bottoming out from Bush's Great Recession.

Well there's your delusion ..

Yeah, Hillary would probably be worse.

and then there's the Dow tripling under Obama

The Dow has done better since Trump was elected than it averaged under Obama.

And by difficult to be "worse than Obama," you mean the guy who was president while the Dow tripled.

Yeah, Obama's market was awesome!
Trump's has been better.

 

[Faun]

LOL

To clarify... you think that. The market didn't.

It would have been difficult for Hillary to be worse than Obama.

LOL

Well there's your delusion ... and then there's the Dow tripling under Obama after bottoming out from Bush's Great Recession.

Well there's your delusion ..

Yeah, Hillary would probably be worse.

and then there's the Dow tripling under Obama

The Dow has done better since Trump was elected than it averaged under Obama.

And by difficult to be "worse than Obama," you mean the guy who was president while the Dow tripled.

Yeah, Obama's market was awesome!
Trump's has been better.

Which has nothing to do with the market going up under Obama other than I.peached Trump inheriting a good economy.

 

[Oldstyle]

China's response to the US trade 'effort' was to further devalue the Yuan. Their intention is to push us into a recession.

Xi Jinping alluded to a "New Long March" during a speech in May. The double meaning was in essence preparing the Chinese people for an impending recession.

Xi Jinping says China is embarking on a 'new Long March,' signaling no end to trade war soon

If the economy does go into recession...does not bode well for Trump

Trump has been calling for and probably receiving quantitative easing via the Fed...for some months now.

Trump Calls for New Quantitative Easing to Prop Up U.S. Economy

As soon as the Chinese come to the conclusion that Trump most likely will be reelected they're going to come to the bargaining table and make a deal, Tijn! The only reason they haven't done it before now is that they were holding out hope that a Democrat would win. They can't afford much more of what's been happening. Their economy is in a free fall.

 

[Oldstyle]

China's response to the US trade 'effort' was to further devalue the Yuan. Their intention is to push us into a recession.

Xi Jinping alluded to a "New Long March" during a speech in May. The double meaning was in essence preparing the Chinese people for an impending recession.

Xi Jinping says China is embarking on a 'new Long March,' signaling no end to trade war soon

If the economy does go into recession...does not bode well for Trump

Trump has been calling for and probably receiving quantitative easing via the Fed...for some months now.

Trump Calls for New Quantitative Easing to Prop Up U.S. Economy

If we go into recession we are in big trouble. We are already spending like we are in a recession. Interest rates are very low. We already did a huge tax handout. Not any options to get out.

Interest rates are far higher than they were for the entire eight years Obama was in office, Brain. If the economy needs a shot in the arm they can be lowered.

 

[Toddsterpatriot]

It would have been difficult for Hillary to be worse than Obama.

LOL

Well there's your delusion ... and then there's the Dow tripling under Obama after bottoming out from Bush's Great Recession.

Well there's your delusion ..

Yeah, Hillary would probably be worse.

and then there's the Dow tripling under Obama

The Dow has done better since Trump was elected than it averaged under Obama.

And by difficult to be "worse than Obama," you mean the guy who was president while the Dow tripled.

Yeah, Obama's market was awesome!
Trump's has been better.

Which has nothing to do with the market going up under Obama other than I.peached Trump inheriting a good economy.

Yes, Obama's 1.6% increase in real GDP in 2016 was awesome!
Maybe that's why the market rallied so much after Trump won?

 

[Faun]

LOL

Well there's your delusion ... and then there's the Dow tripling under Obama after bottoming out from Bush's Great Recession.

Well there's your delusion ..

Yeah, Hillary would probably be worse.

and then there's the Dow tripling under Obama

The Dow has done better since Trump was elected than it averaged under Obama.

And by difficult to be "worse than Obama," you mean the guy who was president while the Dow tripled.

Yeah, Obama's market was awesome!
Trump's has been better.

Which has nothing to do with the market going up under Obama other than I.peached Trump inheriting a good economy.

Yes, Obama's 1.6% increase in real GDP in 2016 was awesome!
Maybe that's why the market rallied so much after Trump won?

LOLOL

GDP under Obama was only 1.6% if you factor in Bush's Great Recession. GDP was about -8.4% during Bush's final quarter in office.

From when Bush's Great Recession ended, GDP under Obama grew 2.4%. It's been 2.6% under Trump. And that's from the world's greatest business man who bragged he could produce GDP growth as much as 6% annually. He hasn't even had a quarter exceed 3.5%.

 

[Toddsterpatriot]

Well there's your delusion ..

Yeah, Hillary would probably be worse.

and then there's the Dow tripling under Obama

The Dow has done better since Trump was elected than it averaged under Obama.

And by difficult to be "worse than Obama," you mean the guy who was president while the Dow tripled.

Yeah, Obama's market was awesome!
Trump's has been better.

Which has nothing to do with the market going up under Obama other than I.peached Trump inheriting a good economy.

Yes, Obama's 1.6% increase in real GDP in 2016 was awesome!
Maybe that's why the market rallied so much after Trump won?

LOLOL

GDP under Obama was only 1.6% if you factor in Bush's Great Recession. GDP was about -8.4% during Bush's final quarter in office.

From when Bush's Great Recession ended, GDP under Obama grew 2.4%. It's been 2.6% under Trump. And that's from the world's greatest business man who bragged he could produce GDP growth as much as 6% annually. He hasn't even had a quarter exceed 3.5%.

GDP under Obama was only 1.6% if you factor in Bush's Great Recession.

In 2016. Obama's real GDP was +1.6%.

 

[Faun]

And by difficult to be "worse than Obama," you mean the guy who was president while the Dow tripled.

Yeah, Obama's market was awesome!
Trump's has been better.

Which has nothing to do with the market going up under Obama other than I.peached Trump inheriting a good economy.

Yes, Obama's 1.6% increase in real GDP in 2016 was awesome!
Maybe that's why the market rallied so much after Trump won?

LOLOL

GDP under Obama was only 1.6% if you factor in Bush's Great Recession. GDP was about -8.4% during Bush's final quarter in office.

From when Bush's Great Recession ended, GDP under Obama grew 2.4%. It's been 2.6% under Trump. And that's from the world's greatest business man who bragged he could produce GDP growth as much as 6% annually. He hasn't even had a quarter exceed 3.5%.

GDP under Obama was only 1.6% if you factor in Bush's Great Recession.

In 2016. Obama's real GDP was +1.6%.

That's just one year. Over the course of his presidency from when Bush's Great Recession ended, GDP growth was 2.4%.

 

[Toddsterpatriot]

Yeah, Obama's market was awesome!
Trump's has been better.

Which has nothing to do with the market going up under Obama other than I.peached Trump inheriting a good economy.

Yes, Obama's 1.6% increase in real GDP in 2016 was awesome!
Maybe that's why the market rallied so much after Trump won?

LOLOL

GDP under Obama was only 1.6% if you factor in Bush's Great Recession. GDP was about -8.4% during Bush's final quarter in office.

From when Bush's Great Recession ended, GDP under Obama grew 2.4%. It's been 2.6% under Trump. And that's from the world's greatest business man who bragged he could produce GDP growth as much as 6% annually. He hasn't even had a quarter exceed 3.5%.

GDP under Obama was only 1.6% if you factor in Bush's Great Recession.

In 2016. Obama's real GDP was +1.6%.

That's just one year. Over the course of his presidency from when Bush's Great Recession ended, GDP growth was 2.4%.

That's just one year.

Yes, that's the "good economy" Trump inherited from Obama.

Over the course of his presidency from when Bush's Great Recession ended, GDP growth was 2.4%.

That sounds a bit high, can you show your math?

 

[amethyst]

Well there's your delusion ..

Yeah, Hillary would probably be worse.

and then there's the Dow tripling under Obama

The Dow has done better since Trump was elected than it averaged under Obama.

And by difficult to be "worse than Obama," you mean the guy who was president while the Dow tripled.

Yeah, Obama's market was awesome!
Trump's has been better.

Which has nothing to do with the market going up under Obama other than I.peached Trump inheriting a good economy.

Yes, Obama's 1.6% increase in real GDP in 2016 was awesome!
Maybe that's why the market rallied so much after Trump won?

LOLOL

GDP under Obama was only 1.6% if you factor in Bush's Great Recession. GDP was about -8.4% during Bush's final quarter in office.

From when Bush's Great Recession ended, GDP under Obama grew 2.4%. It's been 2.6% under Trump. And that's from the world's greatest business man who bragged he could produce GDP growth as much as 6% annually. He hasn't even had a quarter exceed 3.5%.

Geez Louise,

1. the rest of the world is in the negative.

2. The feds favored nobama by lowering rates often.

3. The dummocrats won't fill his cabinet after all these years.

The only danger of recession will come from the virus spreading.

 

[Faun]

And by difficult to be "worse than Obama," you mean the guy who was president while the Dow tripled.

Yeah, Obama's market was awesome!
Trump's has been better.

Which has nothing to do with the market going up under Obama other than I.peached Trump inheriting a good economy.

Yes, Obama's 1.6% increase in real GDP in 2016 was awesome!
Maybe that's why the market rallied so much after Trump won?

LOLOL

GDP under Obama was only 1.6% if you factor in Bush's Great Recession. GDP was about -8.4% during Bush's final quarter in office.

From when Bush's Great Recession ended, GDP under Obama grew 2.4%. It's been 2.6% under Trump. And that's from the world's greatest business man who bragged he could produce GDP growth as much as 6% annually. He hasn't even had a quarter exceed 3.5%.

Geez Louise,

1. the rest of the world is in the negative.

2. The feds favored nobama by lowering rates often.

3. The dummocrats won't fill his cabinet after all these years.

The only danger of recession will come from the virus spreading.

Stop lying. The feds never lowered the federal fund rate under Obama. They couldn't. They lowered it to .25% under Bush and it couldn't go lower. Meanwhile, they've lowered .5 points last year to boost Impeached Trump's economy. And Democrats have no control over the Senate. If Impeached Trump still hasn't filled his cabinet, that's on Impeached Trump and Senate Republicans.

I like how you cons always blame Democrats for the failures of Republicans. Not an ounce of personal responsibility in ya.

 

[amethyst]

Yeah, Obama's market was awesome!
Trump's has been better.

Which has nothing to do with the market going up under Obama other than I.peached Trump inheriting a good economy.

Yes, Obama's 1.6% increase in real GDP in 2016 was awesome!
Maybe that's why the market rallied so much after Trump won?

LOLOL

GDP under Obama was only 1.6% if you factor in Bush's Great Recession. GDP was about -8.4% during Bush's final quarter in office.

From when Bush's Great Recession ended, GDP under Obama grew 2.4%. It's been 2.6% under Trump. And that's from the world's greatest business man who bragged he could produce GDP growth as much as 6% annually. He hasn't even had a quarter exceed 3.5%.

Geez Louise,

1. the rest of the world is in the negative.

2. The feds favored nobama by lowering rates often.

3. The dummocrats won't fill his cabinet after all these years.

The only danger of recession will come from the virus spreading.

Stop lying. The feds never lowered the federal fund rate under Obama. They couldn't. They lowered it to .25% under Bush and it couldn't go lower. Meanwhile, they've lowered .5 points last year to boost Impeached Trump's economy. And Democrats have no control over the Senate. If Impeached Trump still hasn't filled his cabinet, that's on Impeached Trump and Senate Republicans.

I like how you cons always blame Democrats for the failures of Republicans. Not an ounce of personal responsibility in ya.

Yeah yeah, it was quantative easing--lots of it. The feds kept rates low and started hiking when trump took over.

The Fed and Fiscal Policy During the Obama Years | RealClearMarkets!

Beginning in 2009, the Fed began its multi-stage program of quantitative easing through large-scale purchases of Treasury and other securities. In the aftermath of the financial crash, the agency had quickly lowered the targeted federal funds rate to between zero and 0.25 percent. In early 2009, the bank's leaders, especially Ben Bernanke, sought to provide further monetary stimulus to the national economy and settled on large-scale asset purchases as the most viable way to expand the monetary base with interest rates already at the lower bound.

(Quantative easing 3 times)

 

[amethyst]

Faun

I will use rush's words: 12 19 2018 on limbaugh's website. I wasn't allowed to post it because I linked it.

RUSH: Well, the chairman of the Federal Reserve just did it. He just raised interest rates for the fourth time this year.

...“We cannot have some lunatic like Trump appear to know more about economics than the brilliant Barack Obama. So we are going to protect our fortunes and the legacy of Barack Obama by raising interest rates again, which will slow down an economy — which we will then happily begin predicting a recession is around the corner as a further means of harming Donald Trump, who we personally and literally despise.”

That’s what just happened, and that’s the reason for it. It doesn’t matter if inflation destroys the value of your money. They’ve got enough money to withstand the hit while they protect Obama’s legacy and try to damage Trump. At the same, if the U.S. economy has to take a hit? “Well, we’re supposedly protecting it, Mr. Limbaugh. You’re dead wrong. We’re protecting the U.S. economy.” You don’t raise interest rates! You guys have been talking about an economic slowdown here for the past month.

...Socialists can’t just get out of the way and let markets work. So this is going to probably, in the long term, put the brakes on whatever economic… I’m telling you politically the enemies of Donald Trump do not want a roaring economy. It is still considered the best asset a candidate, particularly presidential candidate running for reelection can have is to have a great economy at the time that he can claim responsibility for. So they can’t allow that. The swamp cannot permit a roaring economy that is credited to Donald Trump.

 

[Faun]

Which has nothing to do with the market going up under Obama other than I.peached Trump inheriting a good economy.

Yes, Obama's 1.6% increase in real GDP in 2016 was awesome!
Maybe that's why the market rallied so much after Trump won?

LOLOL

GDP under Obama was only 1.6% if you factor in Bush's Great Recession. GDP was about -8.4% during Bush's final quarter in office.

From when Bush's Great Recession ended, GDP under Obama grew 2.4%. It's been 2.6% under Trump. And that's from the world's greatest business man who bragged he could produce GDP growth as much as 6% annually. He hasn't even had a quarter exceed 3.5%.

Geez Louise,

1. the rest of the world is in the negative.

2. The feds favored nobama by lowering rates often.

3. The dummocrats won't fill his cabinet after all these years.

The only danger of recession will come from the virus spreading.

Stop lying. The feds never lowered the federal fund rate under Obama. They couldn't. They lowered it to .25% under Bush and it couldn't go lower. Meanwhile, they've lowered .5 points last year to boost Impeached Trump's economy. And Democrats have no control over the Senate. If Impeached Trump still hasn't filled his cabinet, that's on Impeached Trump and Senate Republicans.

I like how you cons always blame Democrats for the failures of Republicans. Not an ounce of personal responsibility in ya.

Yeah yeah, it was quantative easing--lots of it. The feds kept rates low and started hiking when trump took over.

The Fed and Fiscal Policy During the Obama Years | RealClearMarkets!

Beginning in 2009, the Fed began its multi-stage program of quantitative easing through large-scale purchases of Treasury and other securities. In the aftermath of the financial crash, the agency had quickly lowered the targeted federal funds rate to between zero and 0.25 percent. In early 2009, the bank's leaders, especially Ben Bernanke, sought to provide further monetary stimulus to the national economy and settled on large-scale asset purchases as the most viable way to expand the monetary base with interest rates already at the lower bound.

(Quantative easing 3 times)

You're lying again. The rate started increasing under Obama, not impeached Trump. You clearly live in a universe of alternative facts where you make them up to fit your agenda.

 

[Andylusion]

But he got rid of regulation and handed out huge tax cuts to corporations and increased deficits drastically...

All of which drastically increased the economy.
True, the deficit is high, and that is because of over spending. Not the tax cuts. The amount of money going into the Federal government, is at record levels.

Only the most stupid of brainless fools, gets a huge pay raise, and then claims his credit card debt, is because his raise in pay wasn't enough.

Government is over spending. Ironically, the Democrats are in charge of the House, and the House has control over the purse. So, don't even attempt to hypocritically and partisanly claim the Democrats are not just as equally to blame for this.