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re: Goldman Sachs believes the US economy will slow to a crawl next year

Posted on 11/19/18 at 1:08 pm to
Posted by TBoy
Kalamazoo
Member since Dec 2007
23828 posts
Posted on 11/19/18 at 1:08 pm to
Sounds reasonable. So much of the last few quarters has been tax cuts and stimulus. I've referred to that a "juicing" the economy to create government driven growth, and apparently Goldman agrees. Once the cash infusion works its way through the system, things go back down.

Also, we have (at least from what I've seen) a fundamentally strong economy right now. So that supports the no-recession projection.

Tariffs and restrictions on global trade have and will continue to have a negative effect. I can't imagine that America's present disdain for the rest of the world helps things, but it is difficult for a non-expert to quantify the negative effect. Without a doubt we could be in an even better position absent Trump's anti-trade policies.
Posted by Mo Jeaux
Member since Aug 2008
59081 posts
Posted on 11/19/18 at 1:24 pm to
quote:

So much of the last few quarters has been tax cuts and stimulus.


So much?
Posted by msu202020
Member since Feb 2011
4142 posts
Posted on 11/19/18 at 3:16 pm to
quote:

tax cuts


quote:

government driven growth


Who knew that giving back the people there own money is government driven....
Posted by Geaux-2-L-O-Miss
Between Your Ears
Member since Aug 2005
3428 posts
Posted on 11/19/18 at 11:19 pm to
quote:

Sounds reasonable. So much of the last few quarters has been tax cuts and stimulus. I've referred to that a "juicing" the economy to create government driven growth, and apparently Goldman agrees. Once the cash infusion works its way through the system, things go back down.



Are you talking about Trumps tax cuts or Obama's "Quantitative Easing"? You know the first put money back into peoples pocket so they could invest into their 401K or other investment tools or the second where the government just bought a bunch of stocks to enrich the fat cats that Dem's supposedly hate. Please give me more info and enlightenment.
Posted by TigerMyth36
River Ridge
Member since Nov 2005
39737 posts
Posted on 11/20/18 at 9:08 am to


You want to talk about juicing after the Osiah had 8 years of almost 0% interest.

Even mentioning juicing, proves you are a 100% total hack.
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