Will Hillary Blame the Imminent Recession on Obama?

Libertine

Moderator
Apr 2015
16,879
3,429
Katmandu
Hillary is going to face a recession right out of the gate. She has been on the campaign trail propagating Obama's propaganda and lies about the strength of Obamaconomy. Those lies are coming back to bite her.

Economic outlook is gloomy, no fiscal stimulus - Business Insider

The warning signs of the impending fiscal paralysis are readily evident. The budget deficit in the year just ended soared by 37% — from $438 billion last year to just under $600 billion for FY 2016. But the outcome was actually worse due to various kinds of budget gimmickry addressed below. Whichever candidate enters the White House — and it looks like Hillary — is going to be shocked by the news that its first full year budget (FY 2018) will exhibit a $1 trillion deficit based on current tax and spending laws. And that’s before even a single dime of stimulus can be lobbed at a recessionary economy. The Fed is completely out of dry powder and that there will be no post-crash reflation of financial assets owing to monetary stimulus.
 
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Libertine

Moderator
Apr 2015
16,879
3,429
Katmandu
Good to see you admit she will be the next POTUS, finally reached the acceptance stage, rofl.
I don't know what is going to happen with the election, no one does. If Trump gets it, he is already citing how bad the Obamaconomy is. If Hillay Rob'em Clinton gets in, it is all on her.

If Democrats would have put up a legit candidate instead of defective HRC, Trump would be in single digits.

Joe Biden would have a 50 point lead on Trump, while Trump and Hillary are in a dead heat.
 
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May 2012
70,796
14,426
By the wall
Hillary is kind of really fucked either way. She will have to talk down the policies she supported or stand behind them and admit they aren't working.
 
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Jan 2016
57,388
54,212
Colorado
Hillary is going to face a recession right out of the gate. She has been on the campaign trail propagating Obama's propaganda and lies about the strength of Obamaconomy. Those lies are coming back to bite her.

Economic outlook is gloomy, no fiscal stimulus - Business Insider
From the link: the Trump campaign doesn’t give the soaring national debt nearly enough attention.

And: Whichever candidate enters the White House — and it looks like Hillary — is going to be shocked by the news that its first full year budget (FY 2018) will exhibit a $1 trillion deficit based on current tax and spending laws.

Given that Donald Trump's 'method' for 'attacking' the national debt is to push through TRILLIONS of dollars in tax CUTS, he CAN'T talk about the national debt. Not, that is, without triggering GALES of laughter, reaching from Nome, Alaska, to Key West, Florida.
 
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Jan 2015
7,084
5,567
Florida
Llol. Insanity! Every economist out there says Trumps economic plan is a disaster. Its written by his staff of Wall Street bankers to keep money in the pockets of the rich.
 
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