Trump is scrambling to quell questions about his stewardship of the economy

[Guno צְבִי]

After more than two years of touting a strong economy under his watch, Trump and his top economic aides are now on the defensive after signals hinting at an impending recession flashed across the world this week.


Trump's trade battles with China and Europe have also taken an unmistakable toll on the already weakening global economy. Data released Wednesday also showed the German economy shrinking and Chinese industrial production slumping to a 17-year low.

Worries about an impending recession are multiplying.

The University of Michigan Consumer Sentiment Index, a closely watched gauge of optimism, fell in August to its second-lowest level since late 2016.

https://thehill.com/policy/finance/4...time-for-trump

[Centerleftfl]

Way too many big words in that title. Scrambling, quell and stewardship? What were you thinking?

TRUMP IS FUCKING FREAKING OUT!!

And you don't want to hear this about ANY administration's 'big brains' and theoretically QUALIFIED economic advisors.

PS I have been told by an ECONOMIST that one is not an economist without at least a Masters in Economics and a 'real' economist has a PHD in the field. Kudlow has neither.


Trump’s economic advisers baffled over how to hold off recession that his trade war set it in motion: report

Published 5 hours ago on
August 17, 2019
By Tom Boggioni

According to a report from ABC, Donald Trump’s economic advisers are baffled about how to stop what appears to be a recession coming before the 2020 election after his trade war upset an already teetering worldwide economy.

With the report noting that Trump had hoped to run on a strong economy as part of his 2020 re-election strategy, warnings from economists that a recession may arrive before then has White House officials in a panic.

[Earl]

Lol.

[Guno צְבִי]

Lol.

Groan more pea brain

[Centerleftfl]

Groan more

(I don't even notice the groans. I think I've used it a few times? Seems silly to me. Don't do likes much either. I 'trained' on boards with a site that you could keep voting over and over and I thought it was bogus. I just don't use it much. SO NOTHING PERSONAL POSTERS, I may well love your stuff--you know who you are. + when using my phone, that option is off the screen surface)

[Trumpet]

If the economy tanks; Trump will will tank.

[Centerleftfl]

If the economy tanks; Trump will will tank.

And even I can't wish it tanks so as to take the FUCKER out!

[countryboy]

Lol.

Yep, meanwhile, the economy is humming along nicely. If libs didn't have projection, they wouldn't have anything. It is THEY who are struggling to answer questions about the economy, and how going backwards is going to help it. Fucking regressives.

[Guno צְבִי]

Signs of recession worry Trump ahead of 2020


But privately, Trump is growing increasingly worried the economy won't look so good come Election Day.

The financial markets signaled the possibility of a U.S. recession this week, sending a jolt of anxiety to investors, companies and consumers. That's on top of concerns over Trump's plans to impose punishing tariffs on goods from China and word from the United Kingdom and Germany that their economies are shrinking.


Trump has taken to blaming others for the recession fears, mostly the Federal Reserve, which he is pushing for further interest rate cuts. Yet much of the uncertainty in the markets stems from his own escalation of a trade war with China, as well as weakened economies in key countries around the world.


https://www.wral.com/recession-signs...a1eccef3088892

[Centerleftfl]

How about this little insight from a 'The Hill' article... Confidence building, huh?

Bedeviling the president’s advisors is a lack of ideas about how to halt the slide into a re-election-killing economy.

[Trumpet]

And even I can't wish it tanks so as to take the FUCKER out!

Trump is doing it to Trump, and we will all suffer for Trump's stupidity.

[PostmodernProphet]

DEMMYCUNTS ARE FUCKING FREAKING OUT!!

[SIZE=5]

nothing new here.......

[Centerleftfl]

Trump is doing it to Trump, and we will all suffer for Trump's stupidity.

Actually the WORLD will. How to blow the good will of the world in 2 years. That'll be book, if it isn't already.

CHRIST!!!

[Centerleftfl]

Trump is doing it to Trump, and we will all suffer for Trump's stupidity.

BINGO. We gave the WORLD Bush's 2 FUCKED UP ME WARS and now THIS!!

[Centerleftfl]

Yep, meanwhile, the economy is humming along nicely. If libs didn't have projection, they wouldn't have anything. It is THEY who are struggling to answer questions about the economy, and how going backwards is going to help it. Fucking regressives.

As long as you don't look at the UNDERLYING data.