Friday, August 16, 2019

Trump's economy

A year ago I predicted the economy would take a downturn about now, a year from now at the latest. Trump has been enacting policies this whole time that are bad for the long run, and I'm surprised that the forecasts aren't more grim. He's set up a system that will cause inflation, what with his tax cuts to the wealthy, upside-down stimulus, and his tariffs on foreign goods. Stocks are falling, and he's built a team that has no idea how to deal with this. The person I predicted this to isn't around for me to say "I told you so," but I'm sure he's watching. I could be wrong, but I suspect things will go downhill.

No comments:

Post a Comment