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DemocratSinceBirth

(99,710 posts) Thu Dec 13, 2018, 11:31 AM Dec 2018

Economic optimism plunges

https://www.cnbc.com/2018/12/13/economic-optimism-plunges-yet-consumers-still-plan-to-spend-big-over-holidays-cnbc-survey.html

4 replies

= new reply since forum marked as read

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Economic optimism plunges (Original Post) DemocratSinceBirth Dec 2018 OP

I was pessimistic as soon as Trump won. I knew a Republican would fuck things up. nt Quixote1818 Dec 2018 #1

Yup, agree 100%. dae Dec 2018 #3

How shocking...an economy about to tank just as Democrats will return to power... Moostache Dec 2018 #2

Can Go Back To 1932, Can't You? ProfessorGAC Dec 2018 #4

Quixote1818

(28,928 posts)

1. I was pessimistic as soon as Trump won. I knew a Republican would fuck things up. nt

Reply to DemocratSinceBirth (Original post)

Thu Dec 13, 2018, 11:33 AM

Dec 2018

dae

(3,396 posts)

3. Yup, agree 100%.

Reply to Quixote1818 (Reply #1)

Thu Dec 13, 2018, 11:51 AM

Dec 2018

Moostache

(9,895 posts)

2. How shocking...an economy about to tank just as Democrats will return to power...

Reply to DemocratSinceBirth (Original post)

Thu Dec 13, 2018, 11:41 AM

Dec 2018

How many goddamn times do we need to rerun this playbook before the fucking myth of trickle down is finally killed off?

1992
2008
2020

What ties all of those years together?
1) GOP-policy initiated and caused recessions
2) HUGE increases to the national debt immediately preceeded...
3) Following idiotic tax cuts and policy initiatives
4) Democratic candidates taking the White House

Only 1 of the 4 is a net positive.

ProfessorGAC

(64,994 posts)

4. Can Go Back To 1932, Can't You?

Reply to Moostache (Reply #2)

Thu Dec 13, 2018, 11:53 AM

Dec 2018

And in 1976 the economy was in disarray because of the massive spike in energy costs, and stupid austerity plans to "Whip Inflation Now".

And to be completely fair, Dems and 41 had to start fixing things in 1988, too. (Well, January 1989)

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