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White House says no recession in sight; pushes China trade talks

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By Howard Schneider

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Kudlow was the Bush administration economic genius who guaranteed that there would be no recession in 2008. He is no smarter now than he was then. And he still has no credible economics creds.

4 ( +4 / -0 )

whether the economy would hold up through the 2020 presidential election campaign.

The economy is the main thing Trump, McConnell and the GOP have going for them.

If the economy starts to weaken around election time, look for them to add to the federal subsidies already given to oil, defense, farm and other corporations, aka socialism for the rich, while further increasing the national debt.

The prime beneficiaries of Trump's intervention in the markets will once again be Trump's .01% supporters, already benefiting from the Trump/GOP tax cuts.

Given Trump, McConnell, Lindsey Graham and other Republican's close connections with 'foreign' nations, look for those 'foreign' nations to invest even more in GOP districts

while they're increasing their anti-American media propaganda.

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If the economy starts to weaken around election time, look for them to add to the federal subsidies already given to oil, defense, farm and other corporations, aka socialism for the rich, while further increasing the national debt.

Bit, but short-term socialism is okay as long as it's being doled out by Donny.

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Larry Kudlow on tariffs in 2018....

In fact, tariff hikes are really tax hikes.

Trump should also examine the historical record on tariffs, because they have almost never worked as intended and almost always deliver an unhappy ending.

Richard Nixon's 10 percent import surcharge contributed to the stagflation of the 1970s.

George W. Bush tried to save the steel industry by imposing tariffs on steel and If those tariffs worked, we wouldn't be having this discussion today. ‎We tried to save the color TV industry with protectionist measures and instead they wiped out the domestic production.

Ronald Reagan in the 1980s invoked anti-dumping provisions against Japanese steel. It was one of his few decisions he later confessed he wishes he hadn't made. ‎Trump will come to learn the same thing, and we hope it is sooner, not later.

https://www.cnbc.com/2018/03/03/kudlow-mr-president-tariffs-are-really-tax-hikes.html

Larry Kudlow now....

Trump tariffs have hurt China.....

That's the kind of dimwits and hypocrites we have running our economy - running it into the ground just like they did the last time the Repubs were in power...

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A slowdown would be bad news for Trump

The Democrats are salivating at the prospect of a slowdown.

This is interesting:

Media thinks a recession would stop Trump's reelection

https://www.youtube.com/watch?v=-GaiY656ooA

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The Democrats are salivating at the prospect of a slowdown.

Nope. Tee Hee! HAR! Oh my . . .

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The Democrats are salivating at the prospect of a slowdown.

Yeah, like how you guys were salivating at the prospect of electing a troll into office.

Don't expect us to feel bad for working within the environment your team created.

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The Democrats are salivating at the prospect of a slowdown.

Nope. Tee Hee! HAR! Oh my . . .

They're not? So, they're hoping for the economy to remain strong, are they? Har!

-7 ( +0 / -7 )

Kudlow said there would be no recession in 2008, now "it's different".

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Saw a tweet today that kinda sums it up

are you telling me that the guy who ran a scam university and a scam charity and a scam magazine and a scam airline and sold scam mortgages and scam steaks and scam vodka and scam -expletive- water for -expletive- sake, has been running a scam economy? -Expletive- me, I did not see that coming

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The White House also said winning trade wars is easy.

The White House is run by a moron.

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They're not? So, they're hoping for the economy to remain strong, are they? Har!

Of course they are. Where'd you get the asinine idea that any American politician wants the economy to tank?

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Everything that comes out of the White house is fake news..nothing more..10 thousand lies and counting...so if they say there is not going to be a recession you can guarantee there will be...

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are you telling me that the guy who ran a scam university and a scam charity and a scam magazine and a scam airline and sold scam mortgages and scam steaks and scam vodka and scam -expletive- water for -expletive- sake, has been running a scam economy? -Expletive- me, I did not see that coming

But he built one of the most iconic casinos in Las Vegas, properties all over the world, a giant skyscraper in his name, a 757, a helicopter, a hot wife and the Presidency. Destroyed 16 Republicans and 1 corrupt Dem, in all honesty, can’t beat that.

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But he built one of the most iconic casinos in Las Vegas, properties all over the world, a giant skyscraper in his name, a 757, a helicopter, a hot wife and the Presidency. Destroyed 16 Republicans and 1 corrupt Dem, in all honesty, can’t beat that

don’t forget the six bankruptcies with contractors not getting paid for work done. Trump took the food off their tables. Banks took their homes. Trump had to get $1.5 billion off his dad to pay his debts .

Then there was the fake Trump university.

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don’t forget the six bankruptcies with contractors not getting paid for work done. Trump took the food off their tables. Banks took their homes. Trump had to get $1.5 billion off his dad to pay his debts .

Then there was the fake Trump university.

But still the President, doesn’t get better and higher than to be the most powerful man in the world,

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But still the President, doesn’t get better and higher than to be the most powerful man in the world,

Becoming president does not excuse his previous failings nor does taking the bread off the table of workers and their families indicate a worthy caring person.

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Becoming president does not excuse his previous failings

None of us are perfect.

nor does taking the bread off the table of workers and their families indicate a worthy caring person.

Tell that to the people of Wisconsin, Michigan and Pennsylvania that the Democrats deemed as deplorable, unworthy.

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