Coming recession

Quote: ams288

“The fundamentals of the economy are very strong.” - Kellyanne Conway, this morning

John McCain said it in September 2008

From 2008 to 2009 the GDP dropped from $14,743.3 billion to $14,431.8 billion.
From 2018 to 2019 the GDP rose from $20,235.9 billion to $21,288.9 billion

As long as the GDP is going up you can get away with saying the "fundamental" are strong.

Quote: Pacomartin

From 2008 to 2009 the GDP dropped from $14,743.3 billion to $14,431.8 billion.
From 2018 to 2019 the GDP rose from $20,235.9 billion to $21,288.9 billion

As long as the GDP is going up you can get away with saying the "fundamental" are strong.

Quit bringing logic to the conversation. Obviously people hear just want to make it a political debate.

White House officials eyeing payroll tax cut in effort to reverse weakening economy

The WH is scared sh**less over the economy. If the economy tanks, Donald is a GONER.

Quote: ams288

White House officials eyeing payroll tax cut in effort to reverse weakening economy

The WH is scared sh**less over the economy. If the economy tanks, Donald is a GONER.

I am apolitical so I don't care about motivations, I just want to see my taxes go down and paychecks go up.

Quote: ams288

White House officials eyeing payroll tax cut in effort to reverse weakening economy

The WH is scared sh**less over the economy. If the economy tanks, Donald is a GONER.

Gotta agree. I can see DJT cutting payroll taxes, which is a euphemism for Social Security tax, as it is a giveaway to all Americans, and when the populace decides who to vote for, they often remember the last person who gave them it.

I am totally against a cut in the social security tax. The system is already woefully underfunded. I would be for raising both the rate and the maximum.
It would be the right thing to do, but it certainly won't help someone get elected.

Quote: SOOPOO

Quote: ams288

White House officials eyeing payroll tax cut in effort to reverse weakening economy

The WH is scared sh**less over the economy. If the economy tanks, Donald is a GONER.

Gotta agree. I can see DJT cutting payroll taxes, which is a euphemism for Social Security tax, as it is a giveaway to all Americans, and when the populace decides who to vote for, they often remember the last person who gave them it.

I am totally against a cut in the social security tax. The system is already woefully underfunded. I would be for raising both the rate and the maximum.
It would be the right thing to do, but it certainly won't help someone get elected.

Not a ton to worry about at the moment. Record low unemployment. Calling Trump a white supremacist did not work so now the libs will scream RECESSION for a few weeks until that doesn't work.