Is The U.S. Headed For Recession?

[Dulcinea]

The economic tea leaves right now are getting hard to read. The latest measure of economic growth showed the economy expanded at a lackluster 2 percent rate in the first quarter.

Estimates for second-quarter growth are much higher, and that has the Trump administration claiming its policies are working. Still, despite that rosy forecast, more analysts are pointing to worrying signs that with the expansion at nearly nine years and counting, a recession could be looming.

President Trump has long predicted that his policies will spur growth so much that the economy will expand at a rate well above 3 percent — maybe even 5 percent. Many economists have scoffed at rates that high.

https://www.npr.org/2018/06/29/624241713/is-the-u-s-headed-for-recession

[gordianot]

1. When is the last time any administration advocated a trade war?

This petulant failure at buisness was bought to spread his diseased incompetence across the planet.

[Civic Justice]

2. fuel cost have already increased... when fuel goes up, everything else moves upward in cost..

A Crash in Coming.... and all the greed filled tax cut and the budget cuts will prove a devastation beyond belief...

[tonyt53]

3. You will start hearing the term "yield curve" more and more. Sitting at same as 2007 right now.

[czarjak]

4. Recessions and record deficits...

It’s what they do.

[redstateblues]

5. There's this

https://www.bloomberg.com/news/articles/2018-03-26/u-s-recession-may-come-just-in-time-for-trump-s-reelection-bid

[elleng]

6. Is the president republican?

[Midnight Writer]

7. My personal retirement savings, invested mostly in stocks, have shrunk since Trump tax cuts.

On the plus side, my pay has gone up nearly six dollars a week. I can get a combo meal at Mickie D's once a week.

[madinmaryland]

8. Same here. I get to buy a six pack of Iron City Lite every week, though gas prices are starting

to eat into that.

[Dulcinea]

11. IC Light--yeah!!

I grew up in the Pittsburgh suburbs! I still drink it when I visit.

[Uncle Joe]

9. Kicked and recommended.

Thanks for the thread Dulcinea

[Dulcinea]

10. My pleasure. nt