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Thread: Trump Predicts ‘Very Massive Recession’ In U.S.

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  1. #1
    Super Moderator Newmexican's Avatar
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    May 2005
    Heart of Dixie

    Trump Predicts ‘Very Massive Recession’ In U.S.

    Trump Predicts ‘Very Massive Recession’ In U.S.

    Republican U.S. presidential candidate Donald Trump speaks during a Town Hall at the Racine Civic Centre Memorial Hall April 2, 2016. REUTERS/Kamil Krzaczynski

    April 3, 2016

    By Steve Holland

    MILWAUKEE (Reuters) – Republican presidential front-runner Donald Trump predicted that the United States is on course for a “very massive recession,” warning that a combination of high unemployment and an overvalued stock market had set the stage for another economic slump.

    “I think we’re sitting on an economic bubble. A financial bubble,” the billionaire businessman said in an interview with The Washington Post published on Saturday.

    Coming off a tough week on the campaign trail in which he made a series of missteps, Trump’s latest comments bring him back into the limelight ahead of Tuesday’s important primary in Wisconsin where he trails in the polls.

    The former reality TV star said that the real U.S. jobless figure is much higher than five percent number released by the U.S. Bureau of Labor Statistics.

    “We’re not at 5 percent unemployment,” Trump said.

    “We’re at a number that’s probably into the twenties if you look at the real number,” he said, adding that the official jobless figure is “statistically devised to make politicians — and in particular presidents — look good.”

    Trump said “it’s a terrible time right now” to invest in the stock market, offering a more bleak view of the U.S. economy than that held by many mainstream economists.

    The interview was bylined by the Post’s Robert Costa and famed Watergate reporter Bob Woodward.

    A real estate magnate, Trump has made appealing to blue-collar workers a hallmark of his bid for the Republican nomination for the Nov. 8 presidential election, often blaming unemployment on the outsourcing of U.S. jobs and facilities to countries such as China and Mexico.

    Trump vowed in the interview to wipe out the more than $19 trillion national debt “over a period of eight years,” helped by a renegotiation of trade deals.

    “I’m renegotiating all of our deals, the big trade deals that we’re doing so badly on,” he said.


    After making controversial statements about abortion last week, Trump has shown little sign of heeding calls from fellow Republicans to adopt a more presidential tone so as to avoid alienating voters in the November general election if he wins the nomination.
    On Saturday, he questioned close U. S. ties to Saudi Arabia and again accused U.S. allies of not pulling their weight in the NATO military alliance.

    Trump told a campaign rally in Racine, Wisconsin that partners in the North Atlantic Treaty Organization “are not paying their fair share” and called the 28-nation alliance “obsolete.”

    “Either they pay up, including for past deficiencies, or they have to get out. And if it breaks up NATO, it breaks up NATO,” Trump said.
    Tuesday’s Wisconsin nominating contest could be a turning point in the Republican race. Trump, 69, trails his leading rival, U.S. Senator Ted Cruz, 45, of Texas in the state.

    A Cruz win would make it harder for Trump to reach the number of 1,237 delegates needed to secure the nomination before the Republican national convention in July. The winner will get to claim all of Wisconsin’s 42 delegates.

    Last edited by Jean; 04-03-2016 at 04:52 PM.

  2. #2
    Senior Member Captainron's Avatar
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    Thinking outside the box is praised---if the liberal progressive media says so. Trump's thinking outside the box is an uphill battle for him. I sure hope he makes it. Our country is in serious trouble on many fronts----analogies to the dissolution of the Roman Empire may not be so far off. It happened with Britain and it happened with the Soviet Union. Trump recognizes what is going on-----and inartfully speaks his mind even contrary to what know it all experts are saying---which gets labeled as hysteria.

    What happens on paper and in the Ivory Towers of academia is not what usually happens in the Real World. Trump is at least recognizing that there are real world implications.
    Judy, Scott-in-FL and Newmexican like this.
    "Men of low degree are vanity, Men of high degree are a lie. " David
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  3. #3
    Senior Member JohnDoe2's Avatar
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    Republican front-runner and businessman Donald Trump, who owns hotels, has said U.S. wages in general are too low.

    Don't reward the criminal actions of millions of illegal aliens by giving them citizenship.

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  4. #4
    Senior Member Judy's Avatar
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    Besides the many differences of experience, track record, education, goals, objectives, loyalty, patriotism and accomplishments that Trump has over his opponents, the language problem he displays almost every day is ... truth. He tells the American People the absolute truth about everything he speaks about where his opponents do the opposite and tell lies and falsehoods about all of these issues.

    He's telling the truth about immigration, trade, ISIS, budget, infrastructure, health care, education, foreign countries, foreign leaders, NATO, nuclear, UN, Russia, China, Saudi Arabia, lobbyists, donors and politicians.

    What a tragedy for our country when telling the truth is no longer considered eloquent or artful in our language.

    The fact is there is no pretty sounding way to tell Americans you're broke, you're a a debtor third-world nation, losing your sovereignty, your jobs, your money, and facing WWIII with no way in hell to fight it let alone win it, IF we don't turn this disaster around and turn it around now. And that has absolutely nothing to do with how Donald Trump counter-punches pompous crude and conniving celebrity women in retaliation for their attacks on him. Anyone who thinks a man who can't defend himself or his mission against a big-mouth woman on TV is someone who can defend our nation and lead US back to glory, doesn't have their head screwed on straight.
    Last edited by Judy; 04-03-2016 at 06:11 PM.
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  5. #5
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    Truth is the new Hate Speech and the natural heir to the old Hate Speech. Hate Speech itself is an infringement on freedom of speech and freedom of conscience.
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  6. #6
    Senior Member Judy's Avatar
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    Yes, truth has been re-labelled by the labeling bigots as hate speech. We want to enforce our immigration laws, that is the truth, the reaction is you're a racist and a bigot for wanting to do so. Truth meets hate speech to intimidate Americans into giving up their borders and laws which result in giving up our country.

    This is the wickedness that has besieged our nation. And I blame wicked people like Charlie Sykes for this. Remember his interview of Trump when Trump was talking about immigration and securing our borders? Charlie interrupts him to dismiss his concern with the cavalier statement "this is Wisconsin", implying the people of Wisconsin don't care about illegal immigration or they like it. Maybe Charlie is in cahoots with some of the farmers who use illegal aliens on the farms and in their dairies. Maybe there are people in Wisconsin who benefit from illegal immigration and free trade treason. A lot of farmers like free trade because they believe it increases exports of their farm products. Is that what we're dealing with in Wisconsin? Is that the focal point of the opposition? I'm sure there's some of that, but I can't imagine it being a majority of Republicans. I guess we'll find out on Tuesday.
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