It’s been a volatile few weeks for the stock market, with an overall dramatic downward swing starting with President Trump’s tweet about being a “Tariff Man.”
As Politico reported:
“President Donald Trump loves two things very much: tariffs and a rising stock market. It’s becoming increasingly clear he can’t have both.”
The Wall Street Journal recently surveyed economists and more than half predict that we’ll be in a recession by 2020.
Meanwhile, between the tax cuts and federal spending increases, the deficit has ballooned even during a period of fairly rosy economic conditions, which may make it harder to respond to a recession when the time comes.
So the majority of economists think an economic downturn is likely, conveniently timed to align with the next U.S. presidential election… is there something else going on here?
What the hell is happening in the White House these days? We sent Trump in to clean up the…