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Old 04-04-2019, 05:04 PM   #1
reynolds
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Default Trump's Roaring Economy Coming To A Halt: Did You Think We'd Avoid A Recession?

Trump’s Roaring Economy Coming to a Screeching Halt

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After Bannon was kicked out for disagreeing with Ivanka over the choice of drapes in the West Wing, Trump subtly changed his economic approach.

Roy Batty, Daily Stormer,April 4, 2019

When Trump was based and on our side, he was following Bannon’s whole “Economic-Populism-Nationalism” program. The assumption was that if he brought back good jobs to the rust belt, the Republican Party would become the blue-collar worker’s party and not the party of free market/open borders Globalism like it’s been since almost forever.

It became about helping out American businesses to boost the GDP and get more latinos and blacks employed and voting Republican or something. It didn’t work for Bush II and it seems that it won’t work for Bush III (Trump). Despite the tax cuts, the unlimited flow of unskilled labor and the increase in work visas, the economy is still cooling down.
Companies added the fewest jobs in 18 months in March, a private survey found, suggesting employers may have grown more cautious as signs of slower economic growth have emerged. All the job gains were in service sectors, such as education and health care, which added a combined total of 56,000. Manufacturing and construction firms both cut jobs last month.
Healthcare services means brown nurses and education means overweight lib**** cat-ladies. Manufacturing means white blue-collar men in rust belt states. Construction means the same + (admittedly) cheap Mexican coolie labor. And the one thing that I thought Trump would deliver on was a better economy (if only temporarily), but surprise surprise, I was far too optimistic.

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Small businesses added just 6,000 jobs, far below the hiring by large and medium-sized businesses. The U.S. economy appears to have slowed in the past couple of months, with Americans pulling back on their shopping, home sales flattening, and businesses reining in spending on large equipment, new office towers and other buildings. Global growth is also slowing,with Europe nearly in recession ... Read more ..

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Old 04-04-2019, 05:39 PM   #2
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Default Re: Trump's Roaring Economy Coming To A Halt: Did You Think We'd Avoid A Recession?

There is no magic wand to wave, "The Greatest Depression" was always baked into the cake. Trump didn't cause the wave of defaults that are coming, the banks did.


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