Seth

On what data do you, apparently an esteemed doctor of economics, base this forecast of recession?

Jean Deaux

Another inflamed liberal imagination desperately trying to denigrate the efforts of the best president we have had in decades. He already has achieved the lowest unemployment in history and now reduced that amount by a further 20,000 jobs. Where's the beef?? And sure enough, he's siding with our enemies by rebuilding the defense department to the strength it once was, not continually trying to destroy it as the previous buffoon did. I agree, it is important to brake evenly so you don't go into a skid; may be too late for you, dolt.

LAPhil Loc: Los Angeles, CA

Blade_Runner Loc: DARK SIDE OF THE MOON

This is what you get when you give mobs of spoiled brats access to microphones and keyboards.

Jean Deaux

You need to get several things straight: 1) where did you get the idea he is broke and subsists on loans from Russia. If you ever had any credence, that one blew it! 2) Do you have any idea what a bankruptcy is? Yes, he has had several bankruptcies but they are a legal device to protect someone who is claiming another owes them money. Trump currently has no bankruptcies filed against him. That means he has paid the debts claimed against him or has had the case adjudicated satisfactorily; he is no longer subject to legal action to pay another. He is paid up and has no further claims against him. Far more honorable than trying to run out on his debts. Kudos to to the President! It proves he knows business and is honorable in his pursuits.

The charge is sometimes laid by democrats that he has "stiffed" some contractor or another for some reason. That is a two edged axe, if a contractor tries to substitute cheaper building materials than specified in the contract, if he performs substandard work, if he is late in meeting a specified completion date, or if he fails in some other aspect of the job, the individual paying him has cause to challenge him and he may contest the amount to be paid. That is your "stiffing", and usually winds up being settled in court. I "stiffed" a substandard job done by a contractor; he sued me for $5000 and I counter sued for $38,000 in damages. Get your facts straight before you make accusations.

His international relations have been superlative. He got the NATO countries to pony up their agreed upon expenses instead of our paying them, he got us out of NAFTA, GATT, AND TPP, he and China are coming to an agreement on tariffs, what the hell are you bellyaching about? Or are you just a liberal lout who believes every conceivable democrat lie in an effort to denigrate a truly successful President.

I agree, he has appointed some really superior people to his cabinet but he is a businessman. No matter how many accolades an individual has, the President (otherwise known as the boss) may have some reason to find something unsatisfactory in performance, as may the individual himself find himself in a less than desirable situation. Just as in business, the two come to an agreement for separation. Amiable if possible, if not (as in the Cohen case), less than amiable. You have absolutely no possible reason to call him a traitor, you missed that boat when his predecessor left office.

Jean Deaux

That cinches it! You are mentally deficient with probably no hope of recovery. You need to start smoking something else or quit drinking after your first bottle is empty. You have no hope of ever being found lucid.

Jean Deaux

Proof on the biggest trade deficit in history??? China has finally realized they are dealing with a master businessman and they are extremely anxious to get business going again. As was pointed out in this thread, the reason hiring has slowed is because we have more job openings than trained people who can fill them. Do you understand how that works? Really understand??? And he has not sided with brutal dictators, sherlock. List that under liberal lies in your geewhiz file.

Seth

This is why he is "lone," no doubt, and being lone, he has plenty of time to hallucinate that which he posts.

He probably spends his days and nights in a dimly lit room with news clippings and photos of the president covering one wall, an unreasoned hatred coursing through him, the kind of lost soul who would be a person of interest to the Secret Service if they knew he existed.

Scary...

Lonewolf

Lol

Larry the Legend Loc: Not hiding in Milton

Bets?

no propaganda please Loc: moon orbiting the third rock from the sun

Excellent post. Glad that someone with a lot of knowledge in that type of business law can explain the circumstances that well. Keep on doing so, and educating more people.

Blade_Runner Loc: DARK SIDE OF THE MOON

This is the kind of stuff you find in a care center for troubled children.

Nickolai

The US economy was in far better shape just prior to the economic collapse of 2008 than it is now, and today we are drowning in far more debt than we were at that time. A stock market crash has followed every major stock bubble in our history, and right at this moment we are in the terminal phase of one of the greatest stock market bubbles ever. The stage is set for the most terrifying economic horror show in American history, and the clock is ticking away with each passing day.

Debt continues To Explode, Factories Continue To Be Closed, And U.S. Jobs Continue To Be Sent Overseas
The long-term trends that are gutting the U.S. economy continue to get even worse. As you will see , our goods trade deficit with the rest of the world hit a brand new record high in 2018, and last week set an all time high of $819 billion over $400 billion to China alone This constant outflow of cash is one of the reasons why we are unable to pay our bills, and so we have to keep begging the rest of the world to lend us our money back. Needless to say, this is one of the big factors that has fueled our 22 trillion dollar national debt. In addition, when we run absolutely massive trade deficits we lose factories and workers to other countries. Since China joined the WTO in 2001, the United States has lost more than 60,000 factories. As factories keep closing down, community after community is being gutted all across America, and without a doubt this is truly a major national crisis.

As The Economy Teeters On The Brink Of A Recession, U.S. Debt Levels Are Absolutely Exploding. But what we didn’t have was official confirmation from the Federal Reserve that the economy is really slowing down, but now we do. According to the Atlanta Fed’s GDP Now model, the economy is growing “at a 0.3 percent annualized rate in the first quarter2019 sure has been a weird year so far. On Wall Street, everything has been coming up roses for investors up to this point. Stock prices have risen more than 10 percent year-to-date, and the horrible crashes of late last year are quickly fading from memory. Meanwhile, the real economy is literally falling to pieces right in front of our eyes. Debt delinquencies are at unprecedented levels, bankruptcies are soaring, retail stores are closing at a record pace, this is the worst economy for farmers since the early 1980s, exports are plummeting and a brand new real estate crisis has now begun. Economic cancer is rapidly spreading throughout our country, and the U.S. economy is deteriorating at the fastest pace that we have seen since the last recession. So how long will it be before Wall Street catches up with economic reality?

Common_Sense_Matters

Actually, the economy now is better than the economy prior to the recession that Obama got dropped into his lap, it was better by the time that Obama left office than it was before that recession, the national debt now is worse than it was prior to that same recession but part of that increase was during Obama's term. Just for accuracy.

Jean Deaux

Once upon a time, in the land of nod...