Trump has a dream team for mismanaging a recession
President Trump inherited a good economy, and for roughly 2½ years managed (mostly) not to mess it up. As with his business empire, he also somehow convinced much of the public that this windfall was due to his personal talents rather than luck.
But right now his luck and ours might be running out.
Bond markets are flashing warning signs. Stock prices are whipsawing. Some troubling economic data are rolling in, both here and abroad. All this suggests that the risk of a U.S. recession is rising.
Trump seems to be worried about getting blamed for what is coming. For months, he has been setting up the Federal Reserve as a scapegoat including for market swings caused by his own foolish trade wars. When stocks go up, Trump claims full credit; when they go down, its the Feds fault. Personal responsibility and all that.
https://www.washingtonpost.com/opinions/trump-has-a-dream-team-for-mismanaging-a-recession/2019/08/15/0254451c-bf98-11e9-a5c6-1e74f7ec4a93_story.html
Turbineguy
(37,291 posts)the chaos he provides is what's making the economy strong. Without him fucking things up the economy will collapse. That's why he insists that he must stay in office for another 4 years to life.
BigmanPigman
(51,567 posts)and trust him in handling the country's economy. Why not, he only lost over $1BILLION in 10 years!!!!
Of course his dim witted cult will buy it all 100%.