Quote (Skinned @ 13 Apr 2020 14:35)
Everyone was talking about a mild recession pre-covid. The prevailing opinions were that it would be mild, and families that could miss one small paycheck wouldn't be too affected. Not a 2008 situation.
Not sure what that might be now or if this Covid induced slump will change it at all.
Here is an oldie but goodie:
https://www.theguardian.com/business/2019/aug/16/us-economy-recession-what-to-watch-forAnd the history of having a contraction every 11 or 12 years for over 200 years now lol.
If you remember, about 8 months to a year ago i said there would be a recession, it wouldnt be Trump's fault, but i sure was gonna blame him for it here? Some users might remember this.
You just don't read about this.
This doesnt address the stuff you said in your previous post at all though?
You said that "the economy would have been much stronger going into this recession" if there had been better policies and/or if the country had chosen better in 2016, not exactly sure which one you meant, doesnt matter anyway.
It might be up for debate whether the Trump economy was really better than the Obama economy starting in 2011 (after the immediate post-recession rally was over), but it certainly wasnt any worse. Obama, Hillary or any other Democrat would have pursued more or less the same economic policies as Obama did from 2011-2016, so constructing a "with better policy, the economy would have been much stronger going into this recession"-hypothetical to shit on Trump is completely baseless.
More generally speaking, it is a huge stretch by you to claim a "much stronger economy" than the one we had would have been possible. "Much stronger" than "lowest unemployment rates in half a century" is just unrealistic.
Your statement that "the jobs reports for the past two years have been pathtic" is clearly factually wrong and preposterous. Your claim that it was mostly "shitty manufacturing and service" jobs is also highly flawed since manufacturing jobs all around the world tend to be better paying, on average, than service jobs. Many countries, the U.S. included, have been trying to bring back home some industrial base that was outsourced over the previous decades specifically because economists and world leaders realized the importance of industrial jobs.
As I said, the tldr is that the reasons you gave for shitting on Trump's economic performance are delusional. Nothing in your second, more recent post refutes that.