Liberal Forum

The Coming Recession Will Be Self-Inflicted


https://www.bloomberg.com/opinion/artic ... -recession


The US economy is plodding toward a recession, a result of the Trump administration’s pursuit of three contractionary policies in tandem: Reducing the size of the federal government; instituting broad tariffs; and deporting workers. Unless these policies that shrink the economy are abandoned, a recession is all but guaranteed.

Recessions happen. We have suffered 13 since World War II. They all hit familiar beats. Jobs will be eliminated, hiring will slow and unemployment will rise. Also, businesses will shutter, workers will give up on the labor market and wage growth will be anemic. And when a recovery begins, it can take years for the economy to fully heal.

Still, each recession is unique. The constant evolution of the economy means that the conditions surrounding a recession and recovery are never identical. With that in mind, it’s worth taking stock of what will make the coming downturn different.


To start, this will arguably be the only recession directly caused by White House policy



Now THIS is "Irony"....

For years FOX tried to sell its faithful on recession....and the superior economic stewardship of a convicted felon and serial grifter - described by his original CEA as having the IQ of an inbred tanning Bed.

A large swath of Americans, being innumerate and disposed to opining on matters about which they know nothing, mewled about circumstances which were the envy of the balance of the world. Elon Musk spent nearly 300 million to rally social marginalia and drive it to vote in numbers sufficient to put Worse than Buchanan back in the WH....but this time supported by an administration generously sprinkled with FOXwhores and other salad tossers.

Who could possibly have guessed that Bubble Boy, unleashed by SCOTUS' cretinous immunity determination and cheered by a cabinet of how-highs, would promptly soil the carpet and drive the economy into the canal?

Only they who eschew FOX.

Bring back Circus Maximus...


 

All bidens fault

The coming recession thus poses two questions not applicable in prior downturns. First, if a policy is causing a recession, will lawmakers turn that policy off when economic activity contracts? And second, if they do, will that be enough to prevent or soften the recession? There is no answer to either question, only guesses. President Donald Trump has started to embrace the idea that a recession is inevitable, saying that pain is necessary in order to achieve his envisioned “Golden Age” of America — a sentiment notably absent on the 2024 campaign trail.


Ibid.

How will we know we are in a "Golden Age"?

Will Grifty attest to it?

 

For the last 4 years, Democraps told us that the President has no control over gas prices, grocery prices, the housing market, the stock market, etc, etc...

Now, all of a sudden, you change tunes? Lol Get ****.

SouthernFried » 29 minutes ago » wrote: ↑

29 minutes ago

For the last 4 years, Democraps told us that the President has no control over gas prices, grocery prices, the housing market, the stock market, etc, etc...

Now, all of a sudden, you change tunes? Lol Get ****.

C'mon man, "it's about the 'supply side'..."
 

Blackvegetable » Today, 7:02 am » wrote: ↑

Today, 7:02 am

The Coming Recession Will Be Self-Inflicted

https://www.bloomberg.com/opinion/artic ... -recession

The US economy is plodding toward a recession, a result of the Trump administration’s pursuit of three contractionary policies in tandem: Reducing the size of the federal government; instituting broad tariffs; and deporting workers. Unless these policies that shrink the economy are abandoned, a recession is all but guaranteed.

Recessions happen. We have suffered 13 since World War II. They all hit familiar beats. Jobs will be eliminated, hiring will slow and unemployment will rise. Also, businesses will shutter, workers will give up on the labor market and wage growth will be anemic. And when a recovery begins, it can take years for the economy to fully heal.

Still, each recession is unique. The constant evolution of the economy means that the conditions surrounding a recession and recovery are never identical. With that in mind, it’s worth taking stock of what will make the coming downturn different.

To start, this will arguably be the only recession directly caused by White House policy

Now THIS is "Irony"....

For years FOX tried to sell its faithful on recession....and the superior economic stewardship of a convicted felon and serial grifter - described by his original CEA as having the IQ of an inbred tanning Bed.

A large swath of Americans, being innumerate and disposed to opining on matters about which they know nothing, mewled about circumstances which were the envy of the balance of the world. Elon Musk spent nearly 300 million to rally social marginalia and drive it to vote in numbers sufficient to put Worse than Buchanan back in the WH....but this time supported by an administration generously sprinkled with FOXwhores and other salad tossers.

Who could possibly have guessed that Bubble Boy, unleashed by SCOTUS' cretinous immunity determination and cheered by a cabinet of how-highs, would promptly soil the carpet and drive the economy into the canal?

Only they who eschew FOX.

Bring back Circus Maximus...

"Reducing the size of the federal gubment is contractionary"?   

IOW, if the gubment ain't dumping trillions into the economy...classic...


 

I like this prediction better!

This market sell-off is an April Fool's joke on investors, says a veteran strategist predicting a 27% rally by year's end

https://l.smartnews.com/p-jZFJtIk/Eo88UV

Read "This market sell-off is an April Fool’s joke on investors, says a veteran strategist predicting a 27% rally by year’s end" on SmartNews: https://l.smartnews.com/p-jZFJtIk/Eo88UV

ROG62 » 7 minutes ago » wrote: ↑

7 minutes ago

"Reducing the size of the federal gubment is contractionary"?   

IOW, if the gubment ain't dumping trillions into the economy...classic...

Do you have any idea of the components of GDP, JuCo? 

Fuelman » 6 minutes ago » wrote: ↑

6 minutes ago

I like this prediction better!

This market sell-off is an April Fool's joke on investors, says a veteran strategist predicting a 27% rally by year's end

https://l.smartnews.com/p-jZFJtIk/Eo88UV

Read "This market sell-off is an April Fool’s joke on investors, says a veteran strategist predicting a 27% rally by year’s end" on SmartNews: https://l.smartnews.com/p-jZFJtIk/Eo88UV

I don't want to download the app to read it.

Who is the "strategist"?
 

SouthernFried » 40 minutes ago » wrote: ↑

40 minutes ago

For the last 4 years, Democraps told us that the President has no control over gas prices, grocery prices, the housing market, the stock market, etc, etc...

Now, all of a sudden, you change tunes? Lol Get ****.

Read the citation, ignorant lump of ****.

Blackvegetable » 16 minutes ago » wrote: ↑

16 minutes ago

I don't want to download the app to read it.

Who is the "strategist"?

A troubling market correction fueled by economic anxiety will soon go the way of winter coats, says James Demmert, the investment chief at Main Street Research, which he founded in 1993.

 Demmert, a longtime bull, is unfazed by this sell-off. Instead, he believes investors should buy the dip ahead of a roaring rebound where the S&P 500 vaults 27% from current levels to 7,050 by year's end.



It hasn't been the best quarter for sure, barely hanging onto a gain, .25%.  We bumped our foreign equity investments to 30% from 20%. I have seen the news many are upping the probability of a recession to 35-40%.

Fuelman » 25 minutes ago » wrote: ↑

25 minutes ago

A troubling market correction fueled by economic anxiety will soon go the way of winter coats, says James Demmert, the investment chief at Main Street Research, which he founded in 1993.

 Demmert, a longtime bull, is unfazed by this sell-off. Instead, he believes investors should buy the dip ahead of a roaring rebound where the S&P 500 vaults 27% from current levels to 7,050 by year's end.

It hasn't been the best quarter for sure, barely hanging onto a gain, .25%.  We bumped our foreign equity investments to 30% from 20%. I have seen the news many are upping the probability of a recession to 35-40%.

Good luck to him.


One last reminder: All forecasts are marketing. Or, as John Kenneth Galbraith observed, “The only function of economic forecasting is to make astrology look respectable.”

I suspect this guy's fishing for MAGAts.

Blackvegetable » 27 minutes ago » wrote: ↑

27 minutes ago

Good luck to him.

One last reminder: All forecasts are marketing. Or, as John Kenneth Galbraith observed, “The only function of economic forecasting is to make astrology look respectable.”

I suspect this guy's fishing for MAGAts.

    that statement holds plenty of truth to it.

We still have a decade before being forced to withdraw from our retirement accounts.
 

Blackvegetable » Today, 7:02 am » wrote: ↑

Today, 7:02 am

The Coming Recession Will Be Self-Inflicted

https://www.bloomberg.com/opinion/artic ... -recession

The US economy is plodding toward a recession, a result of the Trump administration’s pursuit of three contractionary policies in tandem: Reducing the size of the federal government; instituting broad tariffs; and deporting workers. Unless these policies that shrink the economy are abandoned, a recession is all but guaranteed.

Recessions happen. We have suffered 13 since World War II. They all hit familiar beats. Jobs will be eliminated, hiring will slow and unemployment will rise. Also, businesses will shutter, workers will give up on the labor market and wage growth will be anemic. And when a recovery begins, it can take years for the economy to fully heal.

Still, each recession is unique. The constant evolution of the economy means that the conditions surrounding a recession and recovery are never identical. With that in mind, it’s worth taking stock of what will make the coming downturn different.

To start, this will arguably be the only recession directly caused by White House policy

Now THIS is "Irony"....

For years FOX tried to sell its faithful on recession....and the superior economic stewardship of a convicted felon and serial grifter - described by his original CEA as having the IQ of an inbred tanning Bed.

A large swath of Americans, being innumerate and disposed to opining on matters about which they know nothing, mewled about circumstances which were the envy of the balance of the world. Elon Musk spent nearly 300 million to rally social marginalia and drive it to vote in numbers sufficient to put Worse than Buchanan back in the WH....but this time supported by an administration generously sprinkled with FOXwhores and other salad tossers.

Who could possibly have guessed that Bubble Boy, unleashed by SCOTUS' cretinous immunity determination and cheered by a cabinet of how-highs, would promptly soil the carpet and drive the economy into the canal?

Only they who eschew FOX.

Bring back Circus Maximus...

Whoaaaaa.....wait a minute. Do you actually have thoughts of your own? I can't believe my **** eyes. Hang on. I need to clear my mind to make sure I am not dreaming, then I will have you defend it. Though you have a **** of copouts handy anyway. 

Let's see, so far you have used three copouts:
1. "Your question is ****."
2. 'What's in it for me."
3. Evade, as always. 

Hang on, after I get over my shock, I will have a question for you to copout on. 

Vegas » 4 minutes ago » wrote: ↑

4 minutes ago

Whoaaaaa.....wait a minute. Do you actually have thoughts of your own? I can't believe my **** eyes. Hang on. I need to clear my mind to make sure I am not dreaming, then I will have you defend it. Though you have a **** of copouts handy anyway. 

Let's see, so far you have used three copouts:
1. "Your question is ****."
2. 'What's in it for me."
3. Evade, as always. 

Hang on, after I get over my shock, I will have a question for you to copout on.

How about you shut the **** up and just nod?

Blackvegetable » Today, 7:02 am » wrote: ↑

Today, 7:02 am

The Coming Recession Will Be Self-Inflicted

https://www.bloomberg.com/opinion/artic ... -recession

The US economy is plodding toward a recession, a result of the Trump administration’s pursuit of three contractionary policies in tandem: Reducing the size of the federal government; instituting broad tariffs; and deporting workers. Unless these policies that shrink the economy are abandoned, a recession is all but guaranteed.

Recessions happen. We have suffered 13 since World War II. They all hit familiar beats. Jobs will be eliminated, hiring will slow and unemployment will rise. Also, businesses will shutter, workers will give up on the labor market and wage growth will be anemic. And when a recovery begins, it can take years for the economy to fully heal.

Still, each recession is unique. The constant evolution of the economy means that the conditions surrounding a recession and recovery are never identical. With that in mind, it’s worth taking stock of what will make the coming downturn different.

To start, this will arguably be the only recession directly caused by White House policy

Now THIS is "Irony"....

For years FOX tried to sell its faithful on recession....and the superior economic stewardship of a convicted felon and serial grifter - described by his original CEA as having the IQ of an inbred tanning Bed.

A large swath of Americans, being innumerate and disposed to opining on matters about which they know nothing, mewled about circumstances which were the envy of the balance of the world. Elon Musk spent nearly 300 million to rally social marginalia and drive it to vote in numbers sufficient to put Worse than Buchanan back in the WH....but this time supported by an administration generously sprinkled with FOXwhores and other salad tossers.

Who could possibly have guessed that Bubble Boy, unleashed by SCOTUS' cretinous immunity determination and cheered by a cabinet of how-highs, would promptly soil the carpet and drive the economy into the canal?

Only they who eschew FOX.

Bring back Circus Maximus...

Alright Veghead, setting aside your usual insults and dramatic flair, you’ve claimed that a future recession will be “self-inflicted” due to three Trump-era policies: shrinking the federal government, implementing broad tariffs, and deporting workers. Can you explain, in your own words, how each of these policies directly leads to economic contraction? Specifically, how do you isolate their effects from broader global economic trends, and what economic models or historical examples support the claim that these specific actions will guarantee a recession?

And just to be clear—this is your OP, your claim. No turning the question on me, no copy-pasting, no redirecting to irrelevant insults. If you’re going to post it, then own it. Let’s hear your actual thoughts for once.



1. Recycle one of his copouts.

Vegas » 1 minute ago » wrote: ↑

1 minute ago

Alright Veghead, setting aside your usual insults and dramatic flair, you’ve claimed that a future recession will be “self-inflicted” due to three Trump-era policies: shrinking the federal government, implementing broad tariffs, and deporting workers. Can you explain, in your own words, how each of these policies directly leads to economic contraction? Specifically, how do you isolate their effects from broader global economic trends, and what economic models or historical examples support the claim that these specific actions will guarantee a recession?

And just to be clear—this is your OP, your claim. No turning the question on me, no copy-pasting, no redirecting to irrelevant insults. If you’re going to post it, then own it. Let’s hear your actual thoughts for once.

1. Recycle one of his copouts.

You're a moron.

No one cares.


 

Blackvegetable » Today, 7:02 am » wrote: ↑

Today, 7:02 am

The Coming Recession Will Be Self-Inflicted

https://www.bloomberg.com/opinion/artic ... -recession

The US economy is plodding toward a recession, a result of the Trump administration’s pursuit of three contractionary policies in tandem: Reducing the size of the federal government; instituting broad tariffs; and deporting workers. Unless these policies that shrink the economy are abandoned, a recession is all but guaranteed.

Recessions happen. We have suffered 13 since World War II. They all hit familiar beats. Jobs will be eliminated, hiring will slow and unemployment will rise. Also, businesses will shutter, workers will give up on the labor market and wage growth will be anemic. And when a recovery begins, it can take years for the economy to fully heal.

Still, each recession is unique. The constant evolution of the economy means that the conditions surrounding a recession and recovery are never identical. With that in mind, it’s worth taking stock of what will make the coming downturn different.

To start, this will arguably be the only recession directly caused by White House policy

Now THIS is "Irony"....

For years FOX tried to sell its faithful on recession....and the superior economic stewardship of a convicted felon and serial grifter - described by his original CEA as having the IQ of an inbred tanning Bed.

A large swath of Americans, being innumerate and disposed to opining on matters about which they know nothing, mewled about circumstances which were the envy of the balance of the world. Elon Musk spent nearly 300 million to rally social marginalia and drive it to vote in numbers sufficient to put Worse than Buchanan back in the WH....but this time supported by an administration generously sprinkled with FOXwhores and other salad tossers.

Who could possibly have guessed that Bubble Boy, unleashed by SCOTUS' cretinous immunity determination and cheered by a cabinet of how-highs, would promptly soil the carpet and drive the economy into the canal?

Only they who eschew FOX.

Bring back Circus Maximus...

hey dickhead with TDS....


Here's something you better get used to...it's called, "calling you out"

https://www.youtube.com/watch?v=ox1cedHlXWY

nefarious101 » 7 minutes ago » wrote: ↑

7 minutes ago

hey dickhead with TDS....

Here's something you better get used to...it's called, "calling you out"

https://www.youtube.com/watch?v=ox1cedHlXWY

YouTube - opiate of the Stupid.

Blackvegetable » 15 minutes ago » wrote: ↑

15 minutes ago

You're a moron.

No one cares.

Ah yes, the ol’ Veghead two-step: scream “you’re a moron” and hope no one notices he just ducked a completely fair and reasonable question. Truly the Socratic method, if Socrates had a keyboard and no clue what he was talking about.

 Faced with a direct question about his own post, he defaults to “you’re a moron” like it’s some kind of mic drop. No answer, no analysis, just the usual emotional flailing. If “no one cares” is your rebuttal, maybe stop writing manifestos that beg for attention. Or better yet finally try defending one of them without collapsing into a tantrum.