Posted on 08/22/2019 12:51:36 PM PDT by Kaslin
Far from Obama’s economy. To say the least. The media is trying to talk the USA into a recession. There is not one.
NOT ONLY do Republicans NOT want slavery - then or now - but we don't even want the CHEAP LABOR EXPRESS slipping in from Mexico. NO slaves No 'wetback cheap labor'....
Laurence Tribe has confused us with democrats - people who wanted and kept slaves and people who want and fight for cheap labor illegals.
There is an impending Global recession which is why our strong economy is slower than it could be. We should benefit as our companies can purchase goods for manufacturing at cheaper prices from abroad given the slowdown, we just have less of an advantage export currently.
BS. It’s the GOP driving the Cheap Labor Express. Only a nit wit would think otherwise. The Democrats want illegals for their vote and the social welfare suck. Nice try, FAIL.
As a proof if you took away all of our exports how much would GDP fall?
Democrats are POS.
In 2018, U.S. GDP was 69% personal consumption, 18% business investment, 17% government spending, and negative 5% net exports. so if exports slow further it will still negatively impact GDP, let’s say it could decrease it by .25 percent in an environment of about 2 or 2.5% growth that is still significant.
Wow, that is a long link. I won’t post the article because not all of it is of value. I have to confess actually I was under the impression that quantitative easing was still ongoing, not curtailed as the writer suggests.
The short of it is those “indicators” are just not valid.
I almost hate myself for posting something from CNBC, that I loathe like nothing else, but Credit Suisse says no recession.
4 of the 7 indicators indicate expansion.
So why not answer the question?
Bush gave us the crash
Obama gave us depression
Trump gives us the greatest BOOM in history
You’d think that with all of the lying, the MSM would lose credibility. It is like math teacher who claims that 1 + 1 = 3 or an English teach who can’t spell. Accurate news should be at the core of their being. Hey, maybe we Americans have lowered our standards.
YOU won's see that anymore...
Today guilty white liberal elites have dumped all black 'help' because they want to see themselves as the great defenders of blacks. (They'd all be in chains if it weren't for white liberal elites like Biden after all, right?).
It's NOT stylish to hire blacks for ANY in-house work. YOU know that central va...
So liberal 'elites' dumped black 'help' and replaced them with illegals... Illegals work cheap, under the table and are grateful. Just like blacks use to be when democrats lorded their superiority over them...
There's a piece of the story missing . . .
The number one indicator of an economic downturn is actually RV sales. Yeah. You heard that right. RV sales. They are a better indicator than any economist. They’re down 20% this year. Year over year delivers started to collapse last year. The RV industry has always been the canary. Right now the canary is gasping for breath.
Answer the question.
Which is why we don’t need to be lowering interest rates right now. We need to raise them. When the global economy tanks-we need to give investors a flight to safety. If we are sitting at zero interest rates too, we don’t look any better Han the other guys.
about 12%
WHAT question
The media seized on that very very minor discrepancy in prices so one of them could say the word “recession.” Immediately the rest of them picked up on it and are doing their best to talk the economy down.
Obviously, they have stopped talking about the obama economy.
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