US economy ’’maybe’ headed for a recession, says Trump

US economy ’’maybe’ headed for a recession, says Trump

President Trump, on Monday, acknowledged that the US ’may be’ headed for a recession. He added, however, ’We’re not thinking in terms of recession. We’re thinking in terms of the virus’. He add offer hope saying, ’I think there’s a tremendous pent-up demand both in terms of the stock market and in terms of the economy’, predicting a ’a tremendous surge’, once the virus fears wane.

Timothy
Timothy
Watheverable GRAMPS
Watheverable GRAMPS 2 months

Ah yes who would you have in the white house in a time of crisis, the incumbent with a great economy under his belt or the Democrat's choice of a 78-year old socialist that had a heart attack or 77-year old demented child fondler?

Per Gunnar
Per Gunnar 2 months

A recession that is caused by the scaremongering left wing media, Democraps that uses this as a political opportunity and the Communist Dictatorship of China that created this world wide plague in the first place yes.

Vox Dexter
Vox Dexter 2 months

it's not his fault for it. he didn't create and release the fuckin virus

The Right Perspective
The Right Perspective 2 months

China should be required to pay massive fines for what they've done to the world economy.

Rational
Rational 2 months

A recession is coming? No shit. Thanks Captain Obvious. 70% of the economy is supported by the average consumer. Yet we do nothing to support and help the average consumer but instead give truck loads of money to the wealthy and the corporations which will only lead to continual failure to get the economy going. But hey we got to help those destined to rich people.

TheCurrentModality
TheCurrentModality 2 months

the left has put themselves in a precarious position . the scaremongering has driven many to sell quarantine this will reduce spread. if the number of infected isn't in the millions they will have egg on thier face. they at this point must hope for large numbers of illness and death.

Fin
Fin 2 months

Maybe...... Been in one for past three weeks... Not every recession has to be a ballbuster .

MrFredag
MrFredag 2 months

The man is a genius! What insight!

Adam Madad
Adam Madad 2 months

took 3 years to build it up, took 3 weeks for it to disappear. Candidate trump was right about the economy being in a "big fat bubble" now that he is the president he is ready to say whatever to get reelected.

F R
F R 2 months

are the shrimp brain Rapepublicans ever going to own any of the problems they help bolster? Or are they just simply going to blame everybody else for their pathetic acts of prevention.

Michael Mantion
Michael Mantion 2 months

corona virus will be with us year after year. the economy will slow a lot q2. the question is if q1 will have negative gdp. the economy is stimulated by or response to the virus. it is possible that q1has positive gdp growth and q2 has massive gdp decline. since a recession requires 2 quarters of declining gdp. it technically possible we dont have a recession even though the economy will decline a huge amount.

Crimson Jester
Crimson Jester 2 months

Actually they say July, maybe August... the media takes the August party and runs with it. May only last until June.

MrFredag
MrFredag 2 months

Nah, President Trump said that it will go away because of the hot weather...

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