We were discussing this over adult beverages Saturday night
What if Trump has concluded that a recession is inevitable; and is trying to provoke one on his own timetable, aiming for short and sharp - like the downturn last November-December that we recovered from pretty quickly
The discussion has something for everybody; the Trump is stupid people, the Trump is self-centered and only cares about his re-election people, the Trump is an evil genius/dictator wanna be people and the Trump playing 4D chess and/or doing what's best for the country by unorthodox means people
The proferred datum is that he just can't seem to leave well enough alone vis a vis the economy, that he is roiling it again before the waves of any previous disturbance have a chance to die out. It is difficult to see that as a pathway to stability, more like a stress test
As a died in the wool Trumper, I was of course arguing that if he was doing it it was for the good of the country to get it over with instead of hanging over our heads in Damoclean fashion. We had a lively discussion of what tools and techniques might give some modicum of predictable control over a downturn and about whether there were in fact any such techniques or if he would just have to wing it (especially in light of uncooperative central bankers and supposed allies)
What if Trump has concluded that a recession is inevitable; and is trying to provoke one on his own timetable, aiming for short and sharp - like the downturn last November-December that we recovered from pretty quickly
The discussion has something for everybody; the Trump is stupid people, the Trump is self-centered and only cares about his re-election people, the Trump is an evil genius/dictator wanna be people and the Trump playing 4D chess and/or doing what's best for the country by unorthodox means people
The proferred datum is that he just can't seem to leave well enough alone vis a vis the economy, that he is roiling it again before the waves of any previous disturbance have a chance to die out. It is difficult to see that as a pathway to stability, more like a stress test
As a died in the wool Trumper, I was of course arguing that if he was doing it it was for the good of the country to get it over with instead of hanging over our heads in Damoclean fashion. We had a lively discussion of what tools and techniques might give some modicum of predictable control over a downturn and about whether there were in fact any such techniques or if he would just have to wing it (especially in light of uncooperative central bankers and supposed allies)