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Started By
Message
How soon after Trump is elected does the economy right itself?
Posted on 10/19/24 at 7:56 pm
Posted on 10/19/24 at 7:56 pm
Immediately or shortly thereafter?
17
Posted on 10/19/24 at 7:57 pm to shutterspeed
It's going to be the opposite
Posted on 10/19/24 at 7:58 pm to SlowFlowPro
quote:
It's going to be the opposite
Correct, opposite of what it is now!
Posted on 10/19/24 at 7:59 pm to shutterspeed
In order to decrease Inflation you are going to have to stop giving Illegal Aliens US Taxpayer money for food and shelter and deport them. The extra demand will not be removed unless they are.
Posted on 10/19/24 at 7:59 pm to shutterspeed
Gonna take a while
Posted on 10/19/24 at 7:59 pm to shutterspeed
Likely after most get a haircut.
Posted on 10/19/24 at 8:00 pm to shutterspeed
It will take a little while IF REDUCING INFLATION is a priorty...supply and demand will reset as you suck the fiat dollars out of the matket
Posted on 10/19/24 at 8:01 pm to Barneyrb
quote:
Gonna take a while
Yeah...and that is not being negative about Trump
Anything positive that happens right now will ramp up inflation.
Curbing inflation is going to cause economic belt tightening.
Stagflation is on the way
Posted on 10/19/24 at 8:01 pm to Barneyrb
quote:
Gonna take a while
Yep. Best thing short-term is we know he is business friendly and should give companies confidence to make investments.
Posted on 10/19/24 at 8:05 pm to bigjoe1
With the number of rate cuts expected by the Fed, we’re probably looking at a recession through most of 2025, no matter who wins.
Posted on 10/19/24 at 8:11 pm to shutterspeed
Don't forget, if Dems lose, people behind the scenes will create crisis - economic, a virus, a war, etc.
Posted on 10/19/24 at 8:13 pm to shutterspeed
It's gonna get worse before it gets better. There is no immediately turning it around. The only way out of it is going to be painful.
Posted on 10/19/24 at 8:20 pm to SlowFlowPro
quote:
SlowFlowPro
Posted on 10/19/24 at 9:01 pm to SlowFlowPro
quote:
It's going to be the opposite
This. I'm pretty sure that the left are fine losing because they know we have an inevitable crash coming, and they would be happy to have a Republican in office to blame it on.
Posted on 10/19/24 at 9:07 pm to shutterspeed
1 year
Start seeing grocery prices, etc coming down in 6 months
Start seeing grocery prices, etc coming down in 6 months
Posted on 10/19/24 at 9:08 pm to TigerFanatic99
Exactly.
They're going to do some form of an "autopsy" after they lose, and then move towards the middle with moderate candidates for 2028 to get 8 years post-Trump.
Would not even shock me if they're already working on the "it's the economy stupid" campaign for 2026 and the midterms.
They're going to do some form of an "autopsy" after they lose, and then move towards the middle with moderate candidates for 2028 to get 8 years post-Trump.
Would not even shock me if they're already working on the "it's the economy stupid" campaign for 2026 and the midterms.
Posted on 10/19/24 at 9:09 pm to shutterspeed
In 2016, the economy turned positive the next day. the economy wants him as president.
Posted on 10/19/24 at 9:10 pm to Northshoretiger87
quote:
In 2016, the economy turned positive the next day. the economy wants him as president.
Let's assume you're right. How is that not going to lead to immediate runaway inflation?
Posted on 10/19/24 at 9:18 pm to SlowFlowPro
quote:
It's going to be the opposite
jesus has spoken.
Posted on 10/19/24 at 9:23 pm to TuDog
We have a world of shite waiting for us at some point. Biden put a bandaid on it and kicked the can, but it can only go so far. It's highly likely the can cannot be kicked any further during Trump's new administration.
There is no easy fix. We have a lot of pent up inflation that needs (requires?) a major recession. Any attempt to thwart that major recession will likely trigger inflation.
There are small measures that can lower the cost of doing business (more petro production, some regulatory reform), but it's not big enough to fix the hole we've dug since 2009.
*ETA: this is non-partisan. Biden kicking can isn't a good thing. It was done for political purposes. There is no fix.
There is no easy fix. We have a lot of pent up inflation that needs (requires?) a major recession. Any attempt to thwart that major recession will likely trigger inflation.
There are small measures that can lower the cost of doing business (more petro production, some regulatory reform), but it's not big enough to fix the hole we've dug since 2009.
*ETA: this is non-partisan. Biden kicking can isn't a good thing. It was done for political purposes. There is no fix.
This post was edited on 10/19/24 at 9:25 pm
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