Trump will plunge U.S. somewhere 'between recession and depression': MSNBC analyst
Trump will plunge U.S. somewhere 'between recession and depression': MSNBC analyst
On Thursday morning, MSNBC economic analyst Steven Ratner painted a dark picture of what he expects will happen if Donald Trump win's re-election in less the two weeks.Standing before a big display that blared "Trump's Plan Will Crater Economy," the investment analyst claimed voters could find thems...
Besides blanket tariffs that make everything more expensive, letting Americans buy less stuff, there will be job losses from retaliation, and less money to buy other stuff.
There is unlikely to be mass reindustrialization of the US in the face of low demand, and not being exportable products due to retaliatory tariffs. Deporting 10m people will harm housing and banking and tax revenue and other demand for stuff.
You're viewing a single thread.
Don't worry about it, tax cuts will compensate, so it will only be a problem if you are not in the 1%. /s
And banks losing money on housing, has never hurt banks before. The banks will be protected too. Thank god, our banks will be saved again.
Also we will easily get the economy going again by lowering minimum wages.
I hear slavery improves productivity a whole bunch! It's never clear the period "again" makes reference to in MAGA