Trumps false economy.

[Prosper]

His tax cut did help some strapped businesses that truly wanted to stay in business and be constructive. There are a lot of small businesses owned by people who believe in what they do. These are the ones that actually used the tax cut to buy more equipment, hire more people and expand. Unfortunately although they did spur the economy and create a positive economic outlook they are in the minority. That boon is over and running out of money. Trump will be responsible for a severe recession due to his short sighted selfish motivation. He will pass it on to everything “except Trump”. But he will own the 2020 recession.

[Wellstone ruled]

1. We as Dems are going to have to face

the reality of how do we turn this around to a positive yet reelect all our helpers .

Going to take at least two election cycles to right the ship.

[Wounded Bear]

2. The instances you list are in the minority...

most of the tax cut was used for stock buybacks. The cut boosted the stock market because of that, but once the cash infusion ran out, the market flattened.

It's been pretty bubble like for most of the last 6-12 months, if not longer. The tax cut just pumped more air into the bubble. Coronavirus popped the bubble. The market crash is more than just fear and uncertainty, though that definitely didn't help. The crash is more about fundamentals. Large sectors of the market are overvalued and over leveraged. We were overdue for a correction and we're in it.

Hard to see it 'recovering' in just a couple of months.

[Prosper]

3. I said they were in the minority.

“create a positive economic outlook they are in the minority”

[Wounded Bear]

4. I guess the way you said it didn't hit a note with me...

Regardless, at the bottom, the wage increases they're bragging about were mostly due to several states raising their minimum wage, it wasn't national at all.

I think we're in agreement, the Trump Slump is here.