Posted on 02/06/2020 6:11:59 PM PST by Hojczyk
“...59% say they are better off than they were a year ago, as opposed to only 20% who say they are worse off...”
79%
Are the other 21% too stupid to know which they are?
It wouldn’t take much. The debt bubble is so large, the Fed won’t be able to raise rates at all very soon.
Dump
Why will there be a recession? As long as things continue to stay positive the wealth of the nation continues because of people working and producing bettering themselves. Inventions should be on the upswing as more regulations are removed. So as long as we continue those policies and expand on them, then recessions should never happen as long as Trump is the President.
Fed Reserve could do so too. They are deep state private entity.
“Are you better off than you were 4 years ago?”
Why? Sooner or later, the economy over-expands, or some black swan appears.
Maybe the rest of the world will have one—that will pull us in.
Maybe the unbelievable level of debt will become a problem.
Maybe there will be some black swan contagion somewhere.
Maybe it won’t happen for ten years (which would be great), but so far, no economy has ever grown to the sky.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.