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And There It Is: Mick Mulvaney Said To Warn GOP Donors Of Possible US Recession
"The last quarter, it was just announced, our gross domestic product, a sign of strength, right? But not for us. It was below zero", Donald Trump said, in the course of announcing his bid for the White House in 2015. "Who ever heard of this?", he wondered.
Nobody. Nobody had "ever heard" of that, because it's not possible. A country's GDP cannot be "below zero". Trump of course meant that the economy was contracting - that the growth rate was below zero, something he said "never" happens.
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Meanwhile Pompeo is reportedly telling business leaders trade war could be over by the 2020 election.
Xi and his [highly competent, experienced] team must be licking their lips watching Trump and his [incompetent, inexperienced] team spiral into a public panic attack.
Not surprising Pompeo also reportedly commented China is being tough and the hardliners are in control.
I’m getting more worried about the “double cave” scenario.
yeah i’m not sure what ol’ Mike was trying to accomplish by saying the trade war could be over by the election. i mean, that’s not really something i’d want to hear … i’d want to hear that they are working on a resolution right now.
He (and Trump) said that the last six times (the resolution is at hand)…
Re: “Trump will have virtually nothing to campaign on next year.”
What’s happened to his racist agenda, guess that’s not as important now?
Trump appears to be pivoting to the-recession-will-be-worth-it. https://beta.washingtonpost.com/politics/2019/08/20/trump-admits-his-trade-war-could-lead-recession-says-i-have-do-it/?noredirect=on
Yeah, unless the BBB problem finally rears its head