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re: Would we be in a recession under a Trump second term?

Posted on 7/28/22 at 10:29 am to
Posted by 14&Counting
Eugene, OR
Member since Jul 2012
37704 posts
Posted on 7/28/22 at 10:29 am to
WE would have some serious inflationary pressure regardless because of all the COVID stimulus but Trump wouldn't be waging a war on fossil fuels, he would be cutting taxes, regulations, securing borders, cutting trade deals that would benefit on-shore manufacturing, cutting government spending, and he wouldn't have passed that ridiculous second spending package that lit the fuse. I don't think Putin moves on Ukraine if Trump were President and the Ukraine war has exacerbated this whole thing.

We would have some inflationary pressures but no I don't think we would have raging inflation that necessitated these rate hikes....I think we have strong economy with full employment and moderately higher interest rates
This post was edited on 7/28/22 at 10:31 am
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