Moody’s: Trump would trigger ‘lengthy recession’
An analysis by Moody’s Analytics shows the damage a Trump presidency could do to the economy.
Trump’s proposed plans to cut taxes, engage in trade wars, and deport millions of undocumented immigrants would hurt the U.S. economy and send the country into a recession, according to new report by Moody’s Analytics.
Economists reviewed Trump’s proposed tax cuts for individuals and businesses, his calls todeport undocumented immigrants and build a southern border wall, and his threats to impose large tariffs on goods imported from China and Mexico.
The analysis found that if all of Trump’s proposals were implemented, “the economy suffers a lengthy recession and is smaller at the end of his four-year term than when he took office.”
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6 responses to Moody’s: Trump would trigger ‘lengthy recession’
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KABoink_after_wingnut_hacker June 20th, 2016 at 16:12
Why just cite Trump?
These are all proven failed republican policies.
Just google Sam Brownback or Reaganomics.
bpollen June 21st, 2016 at 04:04
Brownback is the Grinch Who Screwed Kansas.
Suzanne McFly June 20th, 2016 at 16:22
What do you expect? That is how this guy runs his businesses, always in the red until he files for bankruptcy again.
Red Mann June 20th, 2016 at 20:17
But, but, he has the best economic plans, he’ll hire the best people, his plans will make your head spin. Things will get so much better, so many times, you’ll be sick of things getting better. It’ll be YUUUUUGE!
Obewon June 20th, 2016 at 20:42
(R)Trump’s 2017~ Great Depression, is yet another GOP Bush Jr. ‘no jobs-no-Keynesian-stimulus 12/2007 Great Recession ‘Record low everything since (R) Hoover’s Great Depression.’
Donnie / Palin’16~ plans another GOP Billionaires half-off sale on your house and property. Leave no Greedy Oil Polluting billionaire behind! Republicans will take our country back to record low everything! https://www.flickr.com/photos/speakerpelosi/13630053153/in/photostream/
fahvel June 21st, 2016 at 03:39
this is what should be the big headline stuff in the usa – it’s easy to poke fun and the fool but when he will touch the pocketbooks of the idiots who support him, the response might just surprise him – assuming the masses can read and understand simple economics.