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machoneman

(4,007 posts)
27. Ah, but when housing starts and existing home sales drop....
Fri Jan 20, 2017, 09:12 PM
Jan 2017

Trump will blame Obama!

Actually when this and a few other niceties he's talked about come true, these actions will trigger a recession, a recession that is due anyway after 8 years of solid economic growth. Those actions coupled with the threat of, not even the implementation of, tariffs will quicken the fall of the stock market and all the related economic activity said drop will affect.

Now some will say who cares about a market drop?. That would be short-sighted as a Dow-Jones debacle is a SIGN or leading indicator of a rapidly declining economy, one Trump and his ship-of-fools keep saying was already here before he took over. NOT!

The base isn't going to like this n/t cyclonefence Jan 2017 #1
The base will never hear this because it will not be reported in their media kimbutgar Jan 2017 #3
"Obama made him do it." Azathoth Jan 2017 #23
I'm just hoping a lot of Trumps voters have a FHA mortgage. randr Jan 2017 #2
and you know they do cyclonefence Jan 2017 #4
Hear, hear! Missn-Hitch Jan 2017 #5
it's tough to get some people to connect the dots. I had conservative friends who were excited yurbud Jan 2017 #20
How will they be able to blame this on Black people or the undocumented? Yavin4 Jan 2017 #6
Things will get worse because of their policies and they will cite that as the reason for things get Tiggeroshii Jan 2017 #12
My daughter has an FHA mortgage Freddie Jan 2017 #7
could she not apply for a standard loan to get rid of it?? Angry Dragon Jan 2017 #9
She wants to Freddie Jan 2017 #16
good luck to her Angry Dragon Jan 2017 #17
may I be nosy? sarah FAILIN Jan 2017 #11
No problem Freddie Jan 2017 #14
thanks sarah FAILIN Jan 2017 #18
I had a $180 PMI. padfun Jan 2017 #21
Re: My daughter has an FHA mortgage w100jmi Jan 2017 #25
Jan 10th: reversing this "would seem out of character" for Trump - failed analyst muriel_volestrangler Jan 2017 #8
KGOP already crapping on The Proles Achilleaze Jan 2017 #10
Everything will be the exact opposite of Making America Great Again bucolic_frolic Jan 2017 #13
Trump fans already trying to spin this More_Cowbell Jan 2017 #15
1) love your username 2) excellent point 3) welcome to DU! renate Jan 2017 #19
Ah, but when housing starts and existing home sales drop.... machoneman Jan 2017 #27
"Can't afford a house" Code for non-whites TexasBushwhacker Jan 2017 #28
K&R. myrna minx Jan 2017 #22
My grandson works for a mortgage company. tavernier Jan 2017 #24
His base ain't so good at mathing skills Nwgirl503 Jan 2017 #26
It is no coincidence that Trump tapped 6 investment bankers from Goldman Sachs for his cabinet. SunSeeker Jan 2017 #29
Latest Discussions»Latest Breaking News»In one of first Trump adm...»Reply #27