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Started By
Message
re: If we have a recession- who will you blame?
Posted on 4/23/25 at 9:57 am to SlidellCajun
Posted on 4/23/25 at 9:57 am to SlidellCajun
quote:
If we have a recession- who will you blame?
The Tariffs.
0
Posted on 4/23/25 at 9:59 am to SlidellCajun
People, pundits and pols will blame who they always blame when there is a recession, the other side.
A recession is coming simply because that is the nature of the business cycle. The question is when and how well are each of us positioned to best endure it.
I'm not approaching retirement, so I don't lose too much sleep. Boomers are anxious in this market and with the games Trump is playing, and understandably so.
A recession is coming simply because that is the nature of the business cycle. The question is when and how well are each of us positioned to best endure it.
I'm not approaching retirement, so I don't lose too much sleep. Boomers are anxious in this market and with the games Trump is playing, and understandably so.
Posted on 4/23/25 at 9:59 am to momentoftruth87
quote:
Go read my first reply panican
I did, and youre an idiot.
A handful of congress.....means just that you retard. A very few members of congress.
Posted on 4/23/25 at 10:13 am to SlidellCajun
quote:
Let’s define a recession in simplified terms-
2 quarters with negative growth.
Oh ok, so we're going to go back to using that definition now.
I will blame Bush some. Obama a whole lot, Trump just a touch less than Bush, Biden about the same as Obama, then I'll add the remaining angst to the Trump bucket.
The reality is this has been building for a good 15-20 years. Every president in that time has added to the problem, some more than others.
Posted on 4/23/25 at 10:14 am to SlidellCajun
This is a loaded question.
Politicians have been grinding the gears of capitalism slowly over time with their reckless spending resulting in additional burden on the American people.
Trump recognized that we cannot continue doing business like this (both in spending and trade), or we are destined to not be great again. Something had to change.
Trump decided to, for the first time in my lifetime, actually do something. I applaud that.
The WAY in which Trump is doing it is (and not unexpectedly) is extremely disruptive to the stock market and, more importantly, to businesses.
The art of the deal is great when you're negotiating something small. Using it on something like tariffs is going to make huge waves and paralyze businesses. Is being this disruptive necessary to get us where we need to be? I don't know, but it's his job to do it and if he's willing to take the heat then I'm willing to watch my IRAs shrink with the belief that we'll get to a new steady-state and we'll rise again.
Trump was an absolute dumbass to put into question the Fed's independence. That's a bridge too far, and I think he finally got the message.
Other than that, all politicians over the past decades get the blame -- including Trump. The buck stops at the top.
Politicians have been grinding the gears of capitalism slowly over time with their reckless spending resulting in additional burden on the American people.
Trump recognized that we cannot continue doing business like this (both in spending and trade), or we are destined to not be great again. Something had to change.
Trump decided to, for the first time in my lifetime, actually do something. I applaud that.
The WAY in which Trump is doing it is (and not unexpectedly) is extremely disruptive to the stock market and, more importantly, to businesses.
The art of the deal is great when you're negotiating something small. Using it on something like tariffs is going to make huge waves and paralyze businesses. Is being this disruptive necessary to get us where we need to be? I don't know, but it's his job to do it and if he's willing to take the heat then I'm willing to watch my IRAs shrink with the belief that we'll get to a new steady-state and we'll rise again.
Trump was an absolute dumbass to put into question the Fed's independence. That's a bridge too far, and I think he finally got the message.
Other than that, all politicians over the past decades get the blame -- including Trump. The buck stops at the top.
Posted on 4/23/25 at 10:14 am to SlidellCajun
The answers in here seem fair and not cultish at all.
I think the moderates around here have painted us unfairly(although yes, there is SOME cultish behavior).
I think the moderates around here have painted us unfairly(although yes, there is SOME cultish behavior).
Posted on 4/23/25 at 10:15 am to SlidellCajun
quote:
I watch a lot of CNBC
Ok, your credibility just flew out the window...
Posted on 4/23/25 at 10:15 am to SlidellCajun
Pam Bondi
Posted on 4/23/25 at 10:19 am to SlidellCajun
Recessions need to happen from time to time. The freer the economy the more frequent they happen.
We have faked growth for too long. The Fed manipulated the economy for long enough.
We have faked growth for too long. The Fed manipulated the economy for long enough.
Posted on 4/23/25 at 10:20 am to SlidellCajun
quote:
who will you blame?
Obama, Trump, and Biden
Posted on 4/23/25 at 10:21 am to SlidellCajun
Bush, Obama, covid lockdown psychopaths', and Biden.
Posted on 4/23/25 at 10:31 am to SlidellCajun
quote:
I watch a lot of CNBC who have guests on mentioning recession.
oh yes, the unbiased NBC network guests.
Posted on 4/23/25 at 10:33 am to SlidellCajun
quote:
Let’s define a recession in simplified terms-
2 quarters with negative growth.
It depends on how you measure the growth.
In Biden's economic world, we may have reached that threashold, but the media and government tabulators skewed the numbers so it was always reported that the economy was booming.
Posted on 4/23/25 at 10:34 am to SlidellCajun
quote:
Let’s define a recession in simplified terms-
2 quarters with negative growth.
Biden changed that.
Posted on 4/23/25 at 10:35 am to SlidellCajun
Dem's playbook, it's Biden's fault. Don't forget he claimed that every good fortune in the would be due to his present policies.
Obama also claimed every negative thing in his first administration was Bush's fault. I'm just following their rules.
Obama also claimed every negative thing in his first administration was Bush's fault. I'm just following their rules.
Posted on 4/23/25 at 10:38 am to SlidellCajun
I’d blame Trump. He is the President; he was handed an economy that was not in, or teetering on, a recession. So if we have one it’s because he pushed us into it with tariffs. He can’t blame the Fed for not supporting a strategy he didn’t get them on board with.
However, just because Trump would get my blame doesn’t mean I don’t approve of it. If he pushes us into a short recession, but we shoot out of that recession 10 to 14 months later and with huge investments being made in America and better trade deals, I’d consider it nicely done.
However, just because Trump would get my blame doesn’t mean I don’t approve of it. If he pushes us into a short recession, but we shoot out of that recession 10 to 14 months later and with huge investments being made in America and better trade deals, I’d consider it nicely done.
Posted on 4/23/25 at 10:50 am to MajorityWhip
quote:
Unless you're retiring soon who cares?
It will bounce back
Exactly! Quit crying about what the media is feeding you.
BUY THE DIP!
I had to look up the numbers but over 11,000 people retire everyday, not a small amount looking at a 6 month window
Posted on 4/23/25 at 10:51 am to SlidellCajun
It's a really stupid to blame any president for a recession, they are inevitable economic reactions, but hard to argue Trump did not trigger this to happen faster. It was inevitable.....
Posted on 4/23/25 at 10:51 am to SlidellCajun
Depends. Recessions happen. It's the natural flow of economics. Where we get into trouble is artificially preventing recessions through government spending to give the impression that the economy is doing great right before election season.
Posted on 4/23/25 at 11:10 am to Riverside
quote:
think you answered your own question. The economy was already in a recession as it had previously been defined.
No. It was in positive growth when trump took over
Q4 2024 (3rd)
+2.4%
Q3 2024
+3.1%
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