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August 19, 2019
Trump. when we talk about the possibility of a recession, what is a recession? a recession is two consecutive quarters of kroting economy. we saw that in germany which is a much healthier economy. we saw factory starts at a three-year low. consumer spending purchasing power at a three-year low. s economists dont put a finger in the wind, maybe its going to be a recession, maybe its not. theyre looking at data, what donald trump ignores. his philosophy with data, the chico marks data. who are you...
August 19, 2019
News. are they going to do a primetime special thats like, the american economy, growing and growing, just because -- >> thats -- but thats exactly what all of the anchors there have been doing. theyre telling the american people that it is -- i mean, i try not to, but they tell the american public that everything is okay, the economy is strong, its the media who is at fault. its the liberal media that is trying to make the economy weak so that donald trump doesnt win reelection. as if a weak ec...
August 19, 2019
Headline, shell workers would have missed pay if they had missed trump speech. one worker said they didnt want to come but thought it would look bad to miss this day of work and full pay. dozens tried to leave early before he finished the 3:00 p.m. approach. they were told secret service wouldnt let them out of the warehouse until trump had left the property. >> yikes. yikes. i dont know, because to me the bicker question is the game thats being played with our democracy. >> yeah. >> the game th...
August 19, 2019
Amplified con man can contribute as the rating agencies can. but they pop when there are reality-inducing events. that is why the recession beyond the political reasons scares trump because you cant be a con man if you dont know how to trick people. and its much harder to trick people about, say, the temperature in this room, right, than it is about something going on over there because there are limits to that. and so it is interesting when you see his obsession with bringing on people who are ...
August 19, 2019
About it, thats ineffective and pretty short sighted for the u.s. government. as for trumps claim that you just heard there, that economists dont expect a recession? well, one out of four dont. the other 74% of economists are now expecting a recession by the end of 2021 in a new survey out today. trump also in denial about other data, this time a fox news poll that showed him trailing his challengers. >> fox has changed, and my worst polls have always been from fox. theres something going on at ...
August 19, 2019
I guess it could, but all expansions always come to an end. the music begins to stop. so thats what we see happening now. nobody is rooting for it. but if you look at all the data i was talking about, china is slowing down, germany is slowing down, the u.k. is slowing down, this is a global phenomenon. not just a u.s. phenomenon. its benefited people a long time. >> im almost out of time. ill close with a one word answer when it comes to the economy and future of american democracy democracy. on...