Of course, another tax cut for the rich.

unless McConnel and trump agrees

and thats about 100% unlikely

The only thing keeping him afloat right now is the economy. His 42 percent approval is stunningly low considering where the economy is right now. If we hit a recession, that's going to drop 10 points and he'll be completely toxic come 2020, similar to Bush in 2008.

it's hard to see a path to the economy looking even as good as now during the run-up to november 2020.

most likely, we'll be in a contraction or just coming out of it, with its effects still fresh on voters' minds.

hard to see how he either gets though it with a clearly booming economy after or avoids the contraction entirely.

from an economist's perspective, we could easily have a contraction that lasts, say, 9 months, from 2019q2 through 2019q4.

technically, we'd be in a recovery in 2020, but it's not likely to feel that way for voters.

watch his serpents' nest bend backwards trying to justify invading Iran.

id you never stimulate a good economy. You leave stimulation for the recession. We played our hand and now we are fucked.

they were trying to pillage and loot the treasury, period.

the old "stimulate the economy" crap was pure b.s. to try to fool the masses.

but to do it will eventually cause instability. Because you over stimulated the economy interest rates go up because the Fed is trying to curb inflation. Then everything starts to tumble.

we increased the deficit by an insane amount for a measure that barely goosed the economy at a time when it didn't need it.

everything is starting to tumble primarily because of lack of confidence in donnie's economic management as he's taken fiscal stimulus out of the picture due to blowing it at the wrong time, and then he launches this idiotic random tariff nonsense that makes any kind of planning a minefield. that and the current expansion is already very long in the tooth.

imho, we'll have one more rate hike and then the economy and the financial markets will probably talk them out of any more.

we sold two properties last year. I figured get all the money you can while the market was hot. We are already seeing the slowdown in autos and real estate is slow. Next year could be ugly.

most obviously because we have an idiot in charge. even presidents who couldn't get anything through congress were able to provide the comfort of a president in charge, consoler-in-chief, etc. this one will only make everything actually worse *and* feel worse.

losers.

and run a deficit when we're in a contraction, partly to help people in need and partly to stimulate the economy when it needs it.

of course, i think "stimulate the economy" is most effective by doing things like making sure poor people have money (as they tend to spend it locally, which bests stimulates the economy) or increasing government spending directly.

cutting tax rates for the rich helps the economy only in relatively rare situation, like when there is plenty of demand but commerce is constrained by a lack of investment capital. only then *might* a tax cut for the rich make sense in terms of the overall economy.

companies trying to get orders in before tariffs hit, which at best just shifted growth from a later quarter to an earlier quarter, and at worse is a negative dislocation and overall drag on the economy.

an initial large shift in money that is recognized by the markets and other specific investment sectors. Then it becomes more stable as it becomes a known quantity. Much of it gets invested, hoarded, or spent on high ticket items. None of which means it is spent in a way that helps across the board. The initial shift simply generated a bubble. The small tax cuts at the lower end were simply dumped into the economy. A portion of the high end tax cuts were dumped in areas reflected in the GDP as well. They use the economy as a selling point for their tax cuts but it's little more than a payback to supporters, buying future support, and a love for greed.