General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsAnn McFeatters: Economy could be the issue that does in tRump
Economists are now speculating that Donald Trump may be the first U.S. president to start a recession because of his unrelenting trade wars.
Millions of Americans are not impacted yet, although thats not true for farmers and manufacturing workers, but two new data pools indicate alarming news about Trumps tariffs and his continuing trade battles with countries such as China.
World trade in goods is now expected to grow only 1.9% this year, down from the forecast estimate of 2.6 percent.
In addition, American manufacturing factories slowed output in September, the second straight month of decline.
Both are the most troubling declines since 2009, when the world was in full-blown recession, after the sub-prime mortgage meltdown, the closest we have come to a depression since the 1930s.
Economists say there are only two reasons for this: Trumps trade wars and the economic slowdown and uncertainty caused by Brexit, Great Britains intent to leave the European Union, a development solidly embraced by Trump. - DecaturDaily
Don't worry America. If there's one thing democrats are good at, it's repairing economies and national security, broken by republican administrations.
And it so weird that tRump is always on the side of things that destabilize western economies, one of Putin's missions in life.
keithbvadu2
(36,807 posts)Pay attention to Trump when he says the economy is going down the drain if he is not reelected.
He is telling us what shape he will leave the country in.
Despite his excuses, Trump gets full credit for any bad in the economy just as he takes full credit for any good in the economy.
Hermit-The-Prog
(33,346 posts)Newest Reality
(12,712 posts)I think it could impact certain groups of voters, but I am rather convinced that there is another factor here that transcends all the things that would make sense to us. It applies to a certain segment of voters, supporters and Republican politicians.
That factor is loyalty. It might sound like it is just one aspect of the problem, but I think that it is primary now. This is a Captain going down with the ship, soldier tying for his country type of loyalty, if you will forgive my using more noble examples. It is the kind of devotion to a leader that transcends everything else we think matters in this crisis.
People who fall prey to an authoritarian leader, (and I am referring to what we call MAGATs especially) can even be willing to overlook the negative effects of what the leader does and consider their own losses as sacrifices. It is almost religious, even though it is misplaced. While you can try, it seems to be a waste to try to discuss or argue with them because the devotion emotional and deep-seated.
So, the loyalists are not going to be moved or convinced or argued with. What we can hope for is that enough rational or more moderate Republicans will come to their senses because of the crisis at hand and that the toxicity of this tin pot dictator sways the currently cowardly members of the House and Congress, etc., to act in accordance with their duties and oaths.
That loyalty is very troublesome in the long-term, as we can see. What to do about it? Impeach this walking detriment we are dealing with and support and vote in our nominee, if he is not removed prior to that. Then, hope that the bedazzled, low-information MAGATs calm down and retreat.
Poiuyt
(18,123 posts)At least here in Wisconsin they are