Sunday, December 08, 2019

Rumors of economic downturn, again

Remember when Trump took the oath of office, and all the liberal economists were predicting disaster? I’ve looked back through the 2016, 2017, 2018, and 2019 predictions. It isn’t all stock market talk—it’s farmers in Tennessee, or truck drivers cross country, or realtors.  Each little blip brings out the “what are we going to do about this monster in the White House?”

The last recession ended in June 2009--before the first dollar of ARRA went out the door. They come around about every 10 years (GW Bush inherited the 2000 recession), and usually the recovery is fast unless the government interferes too much with "help." I wonder why liberals keep trying to talk us into an economic down turn? Maybe because they are desperate to see Trump fail and will damage the whole nation for that goal? The October Census report on poverty and the November report on jobs where almost mind blowing for the Democrats--they are so eager to bring down the most successful president in our life times.

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