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Did news networks speculate on the potential for looming recessions prior to Trump?

Posted on 3/23/19 at 9:35 am
Posted by OBReb6
Memphissippi
Member since Jul 2010
37945 posts
Posted on 3/23/19 at 9:35 am
I’m 28 so I might not have been paying attention earlier in my life, but did the news networks used to have segments repeatedly (like every week or every day) about the potential for recessions during a booming economy prior to Trump taking office? Watching Fox this morning and they’re talking about it but I realized I have heard this shite countless times over the last few months.

I’m not talking about economists predicting them and an article being written about it. I’m talking about panel discussions and hosts on news networks having segments on it.
Posted by CelticDog
Member since Apr 2015
42867 posts
Posted on 3/23/19 at 9:38 am to
Trade war chatter on CNN had recession all over it.
Posted by DawgCountry
Great State of GA
Member since Sep 2012
30602 posts
Posted on 3/23/19 at 9:38 am to
Of course not. Just like the war death tracker went away while Obama was president. These nut jobs are so deranged they want this country and economy to fail so they can blame trump
Posted by OBReb6
Memphissippi
Member since Jul 2010
37945 posts
Posted on 3/23/19 at 9:39 am to
I know they weren’t talking about it with Bush prior to the collapse but I think that’s only because virtually no one saw it coming
This post was edited on 3/23/19 at 9:40 am
Posted by Jjdoc
Cali
Member since Mar 2016
53531 posts
Posted on 3/23/19 at 9:40 am to
Well.... To be fair to them.... we were already in one.

Longest recovery in history
Posted by Homesick Tiger
Greenbrier, AR
Member since Nov 2006
54249 posts
Posted on 3/23/19 at 9:40 am to
quote:

Just like the war death tracker went away while Obama was president.


Damn, you beat me to it. I remember all three networks back during the Viet Nam war ending their broadcasts with a body count.
Posted by SoulGlo
Shinin' Through
Member since Dec 2011
17248 posts
Posted on 3/23/19 at 9:41 am to
Yeah, about 16 years ago. And before that in 1990. See a pattern?
Posted by OBReb6
Memphissippi
Member since Jul 2010
37945 posts
Posted on 3/23/19 at 9:42 am to
They kept a tracker during Vietnam? Or is this sarcasm?
Posted by Rammin TX
DFW Texas
Member since Oct 2018
1736 posts
Posted on 3/23/19 at 9:46 am to
It's coming. Yield curve inversion is an indicator. Just don't know when....
Posted by Homesick Tiger
Greenbrier, AR
Member since Nov 2006
54249 posts
Posted on 3/23/19 at 9:47 am to
quote:

They kept a tracker during Vietnam?


Like I said, every day they ended their news coverage of how many were killed and how many were wounded.
Posted by OBReb6
Memphissippi
Member since Jul 2010
37945 posts
Posted on 3/23/19 at 9:49 am to
So when was the point that they all dropped it?
Posted by pochejp
Gonzales, Louisiana
Member since Jan 2007
7859 posts
Posted on 3/23/19 at 9:50 am to
quote:

I’m 28 so I might not have been paying attention earlier in my life, but did the news networks used to have segments repeatedly (like every week or every day) about the potential for recessions during a booming economy prior to Trump taking office? Watching Fox this morning and they’re talking about it but I realized I have heard this shite countless times over the last few months.

I’m not talking about economists predicting them and an article being written about it. I’m talking about panel discussions and hosts on news networks having segments on it.



I'm 52 and have been watching cable news since cable went big in the early 80's and have never seen things like we see today. I watched the same segment you're talking about on Fox this morning. It's like these people want a recession. Hope and pray for a recession. Its crazy because we are in an economic boom right now and all they spew is negative bullshite.
Posted by tigers win2
Baton Rouge
Member since Oct 2009
3842 posts
Posted on 3/23/19 at 9:51 am to
Yes, they do. Given the yield curve inverted yesterday, it’s an appropriate discussion to have.

16 years in the industry so I’m always in tune to it on the news.
This post was edited on 3/23/19 at 9:53 am
Posted by OBReb6
Memphissippi
Member since Jul 2010
37945 posts
Posted on 3/23/19 at 9:52 am to
Yes that’s exactly my point. I would understand if there had been sustained downward trends and then start reporting on it, but that is not the case here. And this has been ongoing for months.
Posted by Homesick Tiger
Greenbrier, AR
Member since Nov 2006
54249 posts
Posted on 3/23/19 at 9:53 am to
quote:

So when was the point that they all dropped it?




I'm not sure. I don't remember if it was broadcast by them or not during the Gulf and Iraqi wars.
Posted by tigers win2
Baton Rouge
Member since Oct 2009
3842 posts
Posted on 3/23/19 at 10:00 am to
quote:

Yes that’s exactly my point. I would understand if there had been sustained downward trends and then start reporting on it, but that is not the case here. And this has been ongoing for months.


The yield curve inversion yesterday is what changed. It’s a big change in the forward outlook. Also the global markets have all been slowing. We (the US ) are the largest single contributor to world GDP, but only account for 25% of the world GDP. The other areas have been having the downward trends you’re mentioning.

Yes, the U.S. has been strong, but the reason the federal reserve backed off of raising interest rates is the downward global pressure. Add the yield curve inversion yesterday, and the wrap up of an “unsatisfactory” in the medi eyes outcome of the mueller investigation and a potential recession is the natural next big news story.
This post was edited on 3/23/19 at 10:04 am
Posted by Placebeaux
Bobby Fischer Fan Club President
Member since Jun 2008
51852 posts
Posted on 3/23/19 at 10:02 am to
Just remember The Fed is political. I predict they will pull some shite before the election. Watch.
Posted by Kcprogguitar
Kansas City
Member since Oct 2014
890 posts
Posted on 3/23/19 at 10:12 am to
The pentagon stopped providing the data. Turns out bringing the news of American deaths into the home on a daily basis wasn’t good for the war effort.
Posted by udtiger
Over your left shoulder
Member since Nov 2006
99575 posts
Posted on 3/23/19 at 10:50 am to
They are wishcasting the shite out of an economic downturn
Posted by BRgetthenet
Member since Oct 2011
117760 posts
Posted on 3/23/19 at 10:53 am to
Stop watching MSM.

IT IS NOT NEWS. IT IS ALL PROPAGANDA.
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