"When the economy goes belly up."

[saidsimplesimon]

(What forum to select? Admins, please remove if I veered off course.) The economy will play a role before the general election.)

https://www.marketwatch.com/story/this-catastrophe-could-be-trumps-downfall-nobel-winning-economist-says-2019-09-03?mod=mw_theo_homepage

This ‘catastrophe’ could be Trump’s downfall, Nobel-winning economist says

Published: Sept 3, 2019 12:26 p.m. ET

Shawn Langolis

That’s Nobel-winning economist Robert Shiller explaining in an editorial for the Guardian published on Monday how a downturn in the economy could be what finally marks the ruin of Trump’s turbulent presidency.

“During a recession, people pull back and reassess their views. Consumers spend less, avoiding purchases that can be postponed: a new car, home renovations and expensive holidays,” Shiller continued. “Businesses spend less on new factories and equipment, and put off recruiting.”
The “public narrative” he was referring to is Trump’s lifetime pursuit of putting his glam life on display for everybody to see and aspire to — fancy cars, beautiful women, private jets, gold toilets. Look at me, I’m rich and you can be, too!

That, Shiller says, has less appeal when the economy goes belly up.

[TheRealNorth]

2. The 1% owns half the economy

Don't discount their ability to keep Trump afloat if he continues to give them what they want.

[saidsimplesimon]

6. It's working for the 1%.

They would abandoned any and all that stood in their way. If they perceive their puppet is not performing, they will discard him.

[Mr.Bill]

7. I can tell you what they don't want.

A crashed stock market.

[saidsimplesimon]

12. No worries, the stock market is

trying to avoid the bumps in the road and warn of a slowing economy early in the game. imo

[Kurt V.]

3. shiller doesn't actually say this will happen b4 November 2020. i don't think it will.

[SHRED]

4. One problem

It most likely will hit just before a Democrat is sworn in and the corporate media will blame us.

[saidsimplesimon]

8. SHRED, that will be the

Republican goal if they lose, scorched earth.

[Celerity]

13. this and the Senate are 2 of my biggest concerns atm nt

[Newest Reality]

5. Oh, THOSE people, huh?

Many of us are way ahead of the curve there.

We are so pulled back that we might vanish into our constant reassessment of our views. Our postponement of our purchases happened a while ago and not spending is more important than spending less, even. We might be so lucky to have an old car and...what's a new car again? At least we don't have problems with home renovations because, well, we don't have homes, but you can get few items to put in the car or tent, move a few things around, and call it that.

[totodeinhere]

9. It could happen but don't count on it.

Making economic predictions is an inexact science. If the economy holds up through 2020 we have got to beat Trump anyway. Lets not become complacent and count on the economy to sink him.

[The Mouth]

10. Or sound at all happy about any news of a downturn

Already the narrative is "The left will do anything to get rid of Trump, including wrecking the economy".

Anyone who gloats over or ascribes any positive outcome (including getting rid of cheeto Benito) to any economic bad news deserves to be hung, drawn, and quartered IMHO. Or at least shunned and ostracized.

A downturn, even a recession *may* happen, it's always a non-zero possibility, but I sure as hell don't want it to.

[Joe941]

14. TRump owns the economy - no doubt.

Part of me Hope's it will go bad on him, but my retirement hopes otherwise... so conflicted.