Wednesday, September 04, 2019

Recession Part II

Austan Goolsbee was on Larry O'Donnell. He is an economist who is currently the Robert P. Gwinn Professor of Economics at the University of Chicago's Booth School of Business. Goolsbee formerly served as the Chair of the Council of Economic Advisers and was a member of the cabinet of President Barack Obama. He says Trump's tariffs are INSANE and leading us into another recession. Tariff wars according to him are NOT easy as the Beast lies when he says they are. China will not give in and is in fact selling its wares to other nations. Things American manufactures rely on to create their products are soaring in price. Goolsbee thinks because of Trump's idiocy tariffs what will happen is the opposite of what Trump says.

Trump is cratering the economy that already is a hardship to those Trump thinks are his base -- farmers. Unless he changes his ways, watch, wait and see as we retreat to yet another recession affecting our 401K's, other investments and earnings his base relies on to survive. The suicide rate among farmers is the highest it has been as they lose their family farms!! VOTE BLUE UP AND DOWN THE 2020 TICKET AND SAVE LIVES!!

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