When the U.S. enters a Recession will Trump be held responsi

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Re: When the U.S. enters a Recession will Trump be held resp

Postby getvicious » Tue Dec 05, 2017 11:19 am

"Now we are entering less than 4% unemployment, and if historical trends hold true, that means we are likely facing a Recession."

I don't understand the comment. A recession is when economic growth stops (or slows drastically) and GDP falls off. It's not associated with low unemployment values.

Currently, the economy is growing and shows no signs of not continuing to keep growing.

The President is responsible as far as their policy includes things that stifle business growth (like increasing regulations that hamper business or increase the cost of doing business) or things that encourage business growth (like decreasing regulations that hamper business or decrease the cost of doing business).

We only know that the economy is up since President Trump took office. We won't know for a year or so if his policies are good for business growth long-term or not.

If not, then yes he will bear a lot of the responsibility, just as did then President Obama and Bush and others in their times in office.
It's not the blast that kills you - It's the tumble to the bottom of the 800 foot crater.....
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Re: When the U.S. enters a Recession will Trump be held resp

Postby FastEddie » Sun Dec 10, 2017 6:39 am

Obama continues to state and reinforce that he is responsible for all good things that have happened, and all good things that will happen in the future. He is also steadfast in communicating that any bad things that have or will happen, especially bad things during his administration, are someone else's fault. Most problems during his administration, as he has stated, were the result of decisions by either of the Bush man or sometimes the fault of Ronald Reagan. Obama has assured us that all bad things in the future will be Trump's fault. The Obama presidency is a sure indicator of how poorly informed and swayed by BS the electorate is. :whist:
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Re: When the U.S. enters a Recession will Trump be held resp

Postby wrench459 » Sun Dec 10, 2017 9:20 pm

"The buck stops here"

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