All of the indicators are the bull market is ending.
Also every Republican tax cut is followed with a huge increase in government spending and a stock market crash. Trump's economic advisors have been told that when the US recession comes, it will be much deeper than other countries because of the combined effect of the high deficit and increased interest on the national debt.
Normally in a recession, you cut taxes or increase spending to "prime the pump", or some combination thereof. Because of Trump's tax cuts and huge deficit there is nothing to cut, and the deficit is already dangerously high and can't be increased. So when Trump's recession lands, it's going to be longer and deeper in the US than in other Western democracies. Trump has been told all of this, I'm sure, but he's banking on the worst effects of his policies not landing until after 2020. When he's safely re-elected.
The venal greed and destructiveness of this man is not to be under estimated.
So, if the economy surprises you, and keep growing, you'll be singing Trump's praises for the surprisingly great economic preformance?
The economy isn't growing. Every local news report coming out of Buffalo says that manufacturing jobs are leaving. Unemployment is higher. Sales of soybeans to China are non-existent and the farmers have lost the market, not just this year but going forward.
Despite the double goosing of both tax cuts and massive deficit spending, job creation and GDP growth is still way lower than it was under President Obama and the stock market is WAY behind it's first 20 month performance by Obama. The bottom dropping out of oil prices today, isn't going to help that situation either. This Christmas retail season is going to be critical for consumer and business confidence going into 2019.
Last year's Christmas season saw the passing of the tax cuts to boost consumer confidence and the hopes of those big raises coming in the new year. Retail spending hit records. Now that the tax cuts are a big yawn for most workers, and those much promises raises haven't materialized, consumer confidence may not be quite so high going into next year.
Yeah, you already said that.
I challenged you as to what you will do it things go DIFFERENTLY than your world view says it will.
Don't just repeat your position. We all got it.
Answer the question.
So, if the economy surprises you, and keep growing, you'll be singing Trump's praises for the surprisingly great economic preformance?
No, I will not sing Trump's praises. Because it's not just about the economy.
If you don't care about the issue, it is dishonest to attack him on this issue, as though you do care.
It's about his treatment of your allies. This whole "NATO is taking advantage of the US" is just total bullshit. These countries didn't beg the USA to locate massive American military bases within their borders, or ask the US to defend them. Conversely, it the USA which wanted bases located in Western Europe to keep the threat of Russia overunning a weakened Europe if they left, not to defend Europe, but to thwart the expansion of the USSR under Joseph Stalin.
I seem to recall plenty of Western Europeans who did not want to be gencided and then oppressed by Soviet Union.
And the Soviet Union is now gone.
The US only got involved in the European wars to keep them away from mainland USA.
Don't dismiss the moral angle. The US does not operate from purely selfish interests. The Kaiser, later HItler, and certainly Stalin, were seen as Evil Monsters that needed to be stopped from inflicting terrible Evil on the innocent and good people of Western Europe.
The US fought wars in the Middle East to ensure the steady flow of oil from OPEC.
No, we didn't.
Now that the US is no longer dependent on Middle Eastern Oil, those troops and meddling, which has been disastrous for US relations there. Now the economies of Germany and Japan near these massive US military bases are dependant on them being there, as well as acting as a deterrent to Russia and China, but NATO countries are doing their share.
Neither Russia nor China are a threat to Europe. The Economies of Germany and Japan are not dependent on US bases.
And NATO is NOT doing their share. Other than Britain and Poland, I don't think any other NATO member is meeting the two per cent goal. Which is a really low goal anyways.
The USA has chosen to become this massive military power, outspending the next 10 nations of the world combined, by choice.
We ensure the safety of other rich nations, thus depressing their military spending. That number is very misleading.
The rest of us never asked you to do it. President Eisenhauer warned you not to do it, but Republicans love to spend money on the military, and once they have these wonderful new toys, they just have to use them.
The Soviet Union was a real threat during the Cold War. ANd that spending and military bases were needed to oppose them.
NOw, yes, we have this military and are in the habit of using it, too much. We need to disentangle ourselves from this shit.
Trump TALKED a little about doing that, and you libs were on him like white on rice.
Instead of Trump complaining that the rest of the world isn't spending enough, maybe what needs to be done is for the US to STOP spending so much on military and start spending it on your people. Education, infrastructure, and health care. Join the civilized world and start building a great country, instead of a great military.
Sure. If we can reduce our commitments to reflect our reduced capabilities.
BUT, you libs won't allow that. To be fair, the Establishment republicans will fight it too.
