Opinion: This Is the One Thing That Can Sink Trump in 2020

Money and Markets ^ | 05/07/2019 | JT Crowe

[central_va]

We’ve been in a trade war with China for 30+ years. We are finally fighting back. If you want to maintain the status quo of the past 30 years on trade then you are globalist and not a nationalist and definitely no patriot either.

[central_va]

“Worst economy since the Great Depression”

[central_va]

The globalist and the GOPe colluders shipped a lot of the manufacturing base overseas so 4% or 5 % GDP growth rate may no longer be possible in the USA. During past recoveries our often maligned factories would be adding shifts and producing more goods , wealth and generating a huge secondary economy. We Free Traded all of that growth potential away.

Thanks for nothing Free Traitors™.

[Alberta's Child]

Manufacturing employment peaked in the U.S. in 1979 at nearly 20 million. Nearly 2 million manufacturing jobs were lost by 1990, and manufacturing continued to decline as a % of our GDP. And yet economic growth in the 1980s was much more robust.

One reason we don't see those high GDP growth rates anymore is that our economy has become very "mature" -- meaning a lot of the things that would typically drive growth such as deregulation and technological advances have already happened in most industries.

We're also dealing with the demographic reality of having a lot of retirees added to our population every year.

[central_va]

Um, that does not refute what I am saying. Nice try. Not.

Look at the reverse, are you saying if we still had the number of factories and the same number of manufacturing workers in the USA we had in 1990 the GDP would not be higher? LOL!

The CheapLabor-Infotech-Agri-Oil Economy™ just doesn't create enough wealth to sustain a vibrant middle class. So if you want to keep feeding the socialist agenda listen to Alberta's Globalist Spawn and not me.

[Alberta's Child]

GDP growth is a function of population growth and productivity growth. It’s really that simple. In these calculations there is no distinction between manufacturing and any other sector. You can promote manufacturing all you want, but that isn’t reflected in the actual numbers. Look at a list of the largest companies in the world by revenue, and you’ll see that energy and information technology companies are heavily represented at the top of the list.

[elcid1970]

GHWB lost in 1992 because hate-filled little Ross Perot derailed his train.

In 1988, Dukakis lost with 44% of the popular vote.

In 1992, Clinton won with a 43% plurality, beating a split ticket.

“Read my lips” didn’t help, but it wouldn’t have been fatal in a two way race.

[hinckley buzzard]

Yup. This Bush era loser is still trying to cover for his own failings in the Bush I regime.

The economy does cycle, sometimes inconveniently. But it will not take away the serious gains Trump has made through trade talks and regulatory rollback.

I wouldn’t pay any mind to these obsolete has beens, especially since they pretty much soiled their own nests long since.