They will be crying recession from now until 11/20. They know a severe economic downturn is essential to get rid of Trump. The drumbeat is just starting so a reduction in consumer spending will lag. Let’s pray it doesn’t happen.
The drumbeat is just starting so a reduction in consumer spending will lag. Let’s pray it doesn’t happen.
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There is one very important factor helping to drive the economy forward and that is the power of advertising, which has become a very sophisticated force. The ads are relentless, ubiquitous, clever and effective. (They are also annoying but they wouldn’t be running them if they didn’t work.)
We are literally bombarded with ads 24X7. It never stops.
And now there are rewards programs and countless other incentives to get people to spend.
Not saying that’s all it takes to drive an economy but it is one of the engines pushing it.
I think the power of advertising and its effect on the economy are underappreciated. We have an amazing and powerful advertising industry in this country.
Now that the MSM is all focusd on the “recession” it’d be a great time for Trump to get asymmetrical on them and announce cancelling all EPA and federal regulations restricting fossil fuels and a creation of a federal tax incentive for coal fired power plants.
Let the MSM and Leftists attack reducing the cost of energy in their “recession”.
He could name the EO “Energy is the Life Blood of Economic Growth”