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I'm curious: who will the Trumpies blame if the economy crashes
#11
RE: I'm curious: who will the Trumpies blame if the economy crashes
They'll blame the "leftist cucks" and "feminazis" no doubt.
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#12
RE: I'm curious: who will the Trumpies blame if the economy crashes
(March 10, 2017 at 12:03 pm)Faith No More Wrote: The stock market going up is just a sign that businesses and investors have confidence that Trump's administration is not going to hold their feet to the fire over things like regulations and paying livable wages.

As my old Economics prof said, the stock market is not "investing" it is "speculation."  Trading one asset for another in the hopes that one will go up and the other down.  Investment in an economic sense requires expanding the productive capabilities of an actual business.
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#13
RE: I'm curious: who will the Trumpies blame if the economy crashes
Oh, and we have proof of who they'll blame. We had unfettered conservative economic control for nearly eight years, and it almost brought the world economy to its knees. The fact that they're clamoring to go back to it and refusing to acknowledge that the economy greatly improved under Obama tells you all you need to know.
Even if the open windows of science at first make us shiver after the cozy indoor warmth of traditional humanizing myths, in the end the fresh air brings vigor, and the great spaces have a splendor of their own - Bertrand Russell
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#14
RE: I'm curious: who will the Trumpies blame if the economy crashes
I'd say it's a when not an if. Tump's track record of failed businesses due to inflated costs speaks for itself.
With the wall and military expansion the expenses can only go up and will rapidly wipeout any gains.
Quote:I don't understand why you'd come to a discussion forum, and then proceed to reap from visibility any voice that disagrees with you. If you're going to do that, why not just sit in front of a mirror and pat yourself on the back continuously?
-Esquilax

Evolution - Adapt or be eaten.
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#15
RE: I'm curious: who will the Trumpies blame if the economy crashes
In reality it probably doesn't matter what the WLB does.  We are overdue for a recession.

http://money.cnn.com/2016/06/19/news/eco...recession/

Quote:The U.S. is overdue for a recession. The economy has been growing for seven years now. The average Post World War II expansion cycle lasts less than five years, according to the National Bureau of Economic Research.


What is true is that the WLB and his republicunt henchmen will make it worse rather than better.  Remember how ready the fucktards were to let the auto industry go down the shitter.
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#16
RE: I'm curious: who will the Trumpies blame if the economy crashes
(March 10, 2017 at 12:12 pm)Minimalist Wrote:
(March 10, 2017 at 12:03 pm)Faith No More Wrote: The stock market going up is just a sign that businesses and investors have confidence that Trump's administration is not going to hold their feet to the fire over things like regulations and paying livable wages.

As my old Economics prof said, the stock market is not "investing" it is "speculation."  Trading one asset for another in the hopes that one will go up and the other down.  Investment in an economic sense requires expanding the productive capabilities of an actual business.

It's gambling plain and simple. You're betting on the chances of a CEO authorising stuff which will rise the profitability figures of his company in the short term, even though this kind of thinking is detrimental to the companies real prospects in the long term.
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#17
RE: I'm curious: who will the Trumpies blame if the economy crashes
(March 10, 2017 at 8:51 am)It_Was_me Wrote: It's no secret that the economy has done fairly well over the last couple weeks. And we have Trump's minions screaming saying: "SEE!!! OUR ECONOMY IS DOING BETTER UNDER TRUMP!!!" Even the Orange fucktard himself is taking credit for it. My thoughts is that it's still Obama's economy, but whatever, lets just let the Trumpies think that it's doing better under Trump. But I think we've seen this movie before? 2008 anyone??? Now, I sure hope the economy doesn't crash. But I am just wondering: if it crashes will they blame their Dear Leader, or the black guy? 

What'ya think?  Smile

He would blame Obama and democrats otherwise.
The reality of it all the economy is going to crash because of wealth inequality and the fact of growing lower class. 
Then you have Trump repealing a lot of regulations even on wall street. The problem is and was the economy was going to crash anyways
all he did was shorten the inevitability of it. This economic crash is needed so hopefully someone progressive like FDR comes a long to fix things instead of 
throwing a bandage on a gaping wound.  Overall our economy is doomed and its going to be worse than the last  economic crash we have been in. 
Just waiting any day now for it to happen.  The tax payers like you and me shouldn't bail out the system this time i seriously will refuse. Id want a whole new
economy to replace this old shitty one. One based on green energy preferably because it will be better for everyone and we should have phased out petroleum based 
energy by now its pathetic that we haven't.
Atheism is a non-prophet organization join today. 


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#18
RE: I'm curious: who will the Trumpies blame if the economy crashes
You're like an economic Harold Camping.

Look at India -- the wealth inequality and poor underclass is staggering yet they continue to trundle along. For all their riots, pograms and famines, the fundamental economy of India post partitioning has not changed.

Why should the US be any different?

By encouraging a rapid descent, you're not hastening some second coming of (economic) Christ. You're simply inviting all of us to live in the slums of Calcutta.
Slave to the Patriarchy no more
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