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Reply to "Trump calls Omarosa ‘that dog’ on Twitter as she continues book publicity tour"

Reeper posted:
. Trump has actually been good for me in my stock portfolio. 

Let us see if you feel the same in a year or two.  Clinton was also good and then Bush made a huge train wreck of the economy and Trump is heading the same way.  Already his massive tax cuts aren't being used to grow the economy.  Its use is mainly for stock buybacks. 

Already the deficit is growing more than anticipated as the revenues are not being generated to offset tax savings.  Will this ultimately spike interest rates when China refuses to buy treasury bills?  After all China isn't happy with the tariff that Trump is imposing on them. 

What if his tariffs against Chinese imports backfires with US manufacturers forced to pass on the higher cost of inputs to the already beleaguered consumer who is still not seeing real increased wages?  What if more companies follow Harley and move some of their production overseas to bypass the retaliatory tariffs that other countries now impose on US imports?

And this growth cycle is long of tooth as the recovery began in 2009 and so is already longer than most recoveries?

Most economist anticipate a recession by 2020 and wonder as to what instruments the Feds are going to use to head it off?   We are already seeing that tax cuts isn't generating increased business investment as Trump promised us. What we are seeing is a one off impact of tax cuts on earnings.   Stocks have a "what did you do for me last" so if in 2020 earnings growth is no longer buoyed by tax cuts then what happens?

So many ifs so please put away the bubbly.  I fear that the Trump meltdown will be even worse than the Bush implosion of 2008.  And the ultimate result will be wild haired proud communists like Alexandra Ocasio-Cortez and Bernie Sanders creating havoc.  Americans aren't going to allow their tax dollars to be used to bail out rich guys as happened a scant 10 years ago!

FM
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