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Valued Social Butterfly
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Re: RESESSION 2020 ?

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Message 31 of 39

@KidBoy2 wrote:
mandm84 posted...

Not agreeing with what's been going on in the White House isn't hate , it's disapproval and holding our leadership to a higher standard.

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When we have a majority of posters calling Trump very name in the book and others giving them Kudos for doing so what would you call it?

Disagreeing with our President is one thing but nasty name calling is another thing.

What do you call what his JD dept. did today in telling us he is guilty of the same crime his lawyer pleaded guilty to, and if he were not President would be on trial for that crime.

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Valued Social Butterfly
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Re: RESESSION 2020 ?

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Message 32 of 39
mandm84 posted...

Not agreeing with what's been going on in the White House isn't hate , it's disapproval and holding our leadership to a higher standard.

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When we have a majority of posters calling Trump very name in the book and others giving them Kudos for doing so what would you call it?

Disagreeing with our President is one thing but nasty name calling is another thing.
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Valued Social Butterfly
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Re: RESESSION 2020 ?

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Message 33 of 39

it is beginning to look like we may enter into a slow down and by 2020 we may be entering into a resession. which is not good news and very bad for the market.

 

Most likely

 

We're seeing a flat or inverted yield  curve on bonds, 10s of millions of people outside the workforce, inflation picking up, interest rate rising, credit card debt and late credit card payments on the rise, home sales declining, and we are at the end of a historically long economic expansion. 

 

That is the normal stuff

 

What is different is boomers retiring, limiting spending to 4% of savings, and half of boomers don't have any savings to speak of.

 

Young people are deeply in debt.

 

Consumption will be greatly curtailed in a consumer based economy.

 

As normal, the drive to reduce the cost of labor continues, most job loss has been to automation, not off shoring, that trend will accelerate and continue to expand into white collar jobs.

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Valued Social Butterfly
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Re: RESESSION 2020 ?

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Message 34 of 39

kidboy states "Your hate of Trump shows in your posts...for that you are with the majority of posters."

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Not agreeing with what's been going on in the White House isn't hate , it's disapproval and holding our leadership to a higher standard.

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Valued Social Butterfly
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Message 35 of 39





U.S. economy adds 155,000 jobs in November, below expectations. Unemployment rate was 3.7 percent.

“Most measures of the U.S. economy have been holding up quite nicely,” said Mark Hamrick, senior economic analyst at Bankrate, a personal finance website. “The question is: How much slowing is there on the horizon?”

Some economists worry 2018’s growth pace isn’t sustainable next year with such a tight labor market. The unemployment rate reached 3.7 percent in September and has since held that level.

Employers complain a talent shortage is thwarting their growth plans, asserting it is increasingly difficult to find people with the right skills.

That’s good news for employees, though. Heightened competition seems to be driving up wages after years of lagging since the Great Recession.

The Labor Department’s October jobs report showed the typical worker’s earnings had grown by 3.1 percent in the past year — the biggest jump since 2009. Wage growth stuck to that rate in November. Some of that increase, however, is being eaten up by inflation, which has also ticked up this year.

Health care, professional services and transportation and warehousing — work tied to online shopping — have led the recent hiring spree, and manufacturing has seen unusually high levels of growth, with an increase of 288,000 jobs over the past year.

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I look for the economy to slow...its hard to keep it going at the rate we have have had for the last years.

Your hate of Trump shows in your posts...for that you are with the majority of posters.
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Treasured Social Butterfly
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Message 36 of 39

We generally get a recession of sorts every 10 years or so...and there is no evidence the President or Congress is trying to prevent or mitigate one...

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Treasured Social Butterfly
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Message 37 of 39

Here are some numbers that were reported today:

 

The U.S. economy added 155,000 jobs last month. Economists polled by Dow Jones expected a gain of 198,000 jobs. Wage growth also missed estimates.

 

https://www.cnbc.com/2018/12/07/stock-market-dow-futures-fall-ahead-of-unemployment-figures.html

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Frequent Social Butterfly
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Message 38 of 39

My partner and I have been preparing for the recession for the past year. Eliminating debt and selling off property. Having lived through the recession after Reagan's S&L scandal in the '80s, and Bush's war recession in the '00s, we've learned enough to have no doubt whatsoever about this, based on everything the moron in the White House has done with trade and tax cuts for the rich.

 

Crashing the economy is what Republicans have always done. 

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RESESSION 2020 ?

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Message 39 of 39

it is beginning to look like we may enter into a slow down and by 2020 we may be entering into a resession. which is not good news and very bad for the market.

The job numbers this months have been lower than expected and who knows what all of this trade tariffs will do to this country's economy.

I realize that most of you do not agree with me when I have stated that Trump is a reflection of us.

Many here in this message board attack Trump and all his policies, without really getting into the knowledge as to why we have Trump as President.

We in this country have become quite laxed in our moral standards and now we are seeing the results of that laxity.

We forget who is Trump, Trump was and still is a man that runned a private company a  family company in which he was the only one with power to do whatever  he wanted to do. and now, we are seeing this type of governing in the White House with the results that we have today.

Sorry but between the Trump Followers and the so called Liberals in this message board  both have  become  too extreme to really provide logical explanation and solutions to what we are seeing today.

I can tell you right now, that nothing will change until those Trump followers start feeling in their pockets the result of the policies of this Administration. so wait and see. it will come and unfortunately sooner than expected.

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