Drudge Retort: The Other Side of the News
Friday, January 18, 2019

The partial government shutdown was supposed to be a brief non-event for the economy. Now it's starting to look like a serious crisis that could nudge the U.S. toward recession and threaten President Donald Trump's economic message during his reelection campaign.

More

Comments

Admin's note: Participants in this discussion must follow the site's moderation policy. Profanity will be filtered. Abusive conduct is not allowed.

MFA:

Part of the reason for the increased alarm is that economists and Wall Street forecasters were already worried about the direction of the economy in 2019 as stimulus from the big tax-cut bill fades, growth slows outside the U.S. and Trump's trade battles send shock waves through the stock market. Consensus estimates for growth this year were already down to under 3 percent before the shutdown.

#1 | Posted by Gal_Tuesday at 2019-01-17 06:45 PM | Reply

Like Trump would ever stop to see what the 'check engine" lite means.

He thinks he is still actually winning the race.

#2 | Posted by donnerboy at 2019-01-17 07:18 PM | Reply | Funny: 1

Donny is aiming for another first-first and best POTUS at bankrupting the US.

#3 | Posted by jpw at 2019-01-17 09:20 PM | Reply

HMMM 11 TRILLION IN DEBT... Trump did not do this all by himself...

He had help from a lot of Democrats so of who were Presidents...

If the Democrats really cared or the American people... they would just give him his damn money...

But they don't.... these rich millionairs wanna show Trump and America whose BOSS...

#4 | Posted by Pegasus at 2019-01-18 11:56 PM | Reply | Funny: 2

"HMMM 11 TRILLION IN DEBT... Trump did not do this all by himself... He had help from a lot of Democrats so of who were Presidents..."

Pick up a history book and a calculator, FFS.

Dubya and the Rs reset the fiscal sights of America. If you can't do the math, ask someone who can.

#5 | Posted by Danforth at 2019-01-19 12:06 AM | Reply

All my history books say NIXON opened the door but it was Clinton and those that followed him that blew the hole wide open...

* As of January 2, 2019, the official debt of the United States government is $21.9 trillion ($21,943,897,507,130). This amounts to:

$66,855 for every person living in the U.S.
$171,993 for every household in the U.S.
106% of the U.S. gross domestic product.
615% of annual federal revenues.

Started to climb under Bush Jr but it went outta site during Democratic controlled Congress and Bill Clinton's Term

www.justfacts.com

#6 | Posted by Pegasus at 2019-01-19 12:36 AM | Reply

"$66,855 for every person living in the U.S."

Oh, so a little more than one year's income for the average family.

How long do we have to pay it off?

Thirty years, like a mortgage?

Shouldn't be too painful.

#7 | Posted by snoofy at 2019-01-19 12:38 AM | Reply

"All my history books say NIXON opened the door but it was Clinton and those that followed him that blew the hole wide open..."

You're reading comic books. Clinton handed Dubya true surplus budgets; Dubya and Cheney reset the fiscal sights from Surplusville to Debtsylvania.

Do you know what true surplus budgets are? Do you need to borrow a calculator that works?

#8 | Posted by Danforth at 2019-01-19 12:47 AM | Reply

If the Democrats really cared or the American people... they would just give him his damn money...

Democrats really care for the American people... which is why they won't give him our taxpayer dollars to build a wall less than 30% of Americans want.

Funny you think the money is somehow "his" money.

Dummy.

#9 | Posted by ClownShack at 2019-01-19 01:40 AM | Reply | Newsworthy 1

Don't worry all of the anti-American Russian loving alt-right nimrods will blame the black guy instead of the Orange guy and his political party that caused it.

#10 | Posted by aborted_monson at 2019-01-19 02:05 AM | Reply

"all of the anti-American Russian loving alt-right nimrods will blame the black guy"

Wow...that's going to be the YUUUUUUGEST stretch in history.

#11 | Posted by Danforth at 2019-01-19 02:08 AM | Reply

You're reading comic books. Clinton handed Dubya true surplus budgets; Dubya and Cheney reset the fiscal sights from Surplusville to Debtsylvania.

LINK PLEASE

I always provide at least one in all my posts... and I can provide many more that say the same thing. CLINTON and the Democratic Controlled Congress.

What Clinton did to the American Taxpayer was pretty much the same thing he did to Monica.

You just know I had to throw that in... but hey, I can provide a link to the Monica thing in case you don't believe in that too...

#12 | Posted by Pegasus at 2019-01-19 09:31 AM | Reply | Newsworthy 1

"All my history books say NIXON opened the door but it was Clinton and those that followed him that blew the hole wide open..."

First learn to read. Our relationship with China didn't create the debt, REAGAN, BUSH 1, BUSH 2 AND TRUMP did. Get a grip moron, they just passed another big tax cut for the 1%.

"You're reading comic books. Clinton handed Dubya true surplus budgets; Dubya and Cheney reset the fiscal sights from Surplusville to Debtsylvania.
LINK PLEASE"

You act as if that would be difficult.....

"NEW YORK (CNNfn) - President Clinton on Monday proposed paying off the national debt by 2015 after issuing a new budget outlook that adds $1 trillion more to the overall budget surplus over the next 15 years.
The president, who plans to unveil a major Medicare reform initiative on Tuesday, said he wants to use the surplus to add decades of solvency to the Social Security and Medicare systems, which are otherwise expected to go broke as the "Baby Boom" generation retires. "

money.cnn.com

"Q: During the Clinton administration was the federal budget balanced? Was the federal deficit erased?

A: Yes to both questions, whether you count Social Security or not."

www.factcheck.org

#13 | Posted by danni at 2019-01-19 09:53 AM | Reply

"LINK PLEASE"

Pick up a history book, for God's sake. Your first goal is to discover what is meant by "true surplus budgets".

#14 | Posted by Danforth at 2019-01-19 10:42 AM | Reply

Now all Trump has to do is retire while in office and let Auto-Gov guide us. Instead of signing ceremonies, the Trump signature is electronic. With each dollar printed, a reason to live. With each bullet manufactured, a reason to die.

#15 | Posted by LesWit at 2019-01-19 05:39 PM | Reply

Actually it goes back further than Reagoonietunes... Nixon left Carter with the worst recession since the great depression (at that time)... Carter started to lower the debt but the austerity pissed people off... Reagoonietunes introduced us to the Trillion dollar debt x 2 ... coined the phrase "deficits don't matter.".. Bush 1 had to clean up the Reagoonietunes mess by passing the largest tax hike in history after saying "read my lips no new taxes"... Clinton took that tax increase and mopped things up got us back in the black working up a surplus before Bush2 had to "save the free market by abandoning free market principals" ... his words btw... in order to keep us from sinking into the worst recession since the great depression and breaking Nixon's record!!!! Obama dragged us out of that ditch... which is why with this good economy people aren't nicer to Trumplethinskin and are not giving him credit because they know he doesn't deserver any credit for the good parts of the economy.

Historically speaking the economy does better with the Dems in charge... and the clowns seem to hate them for that... that is just a fact.

#16 | Posted by RightisTrite at 2019-01-19 08:49 PM | Reply

Everything the dotard touches dies.

#17 | Posted by reinheitsgebot at 2019-01-20 01:57 AM | Reply

Comments are closed for this entry.

Home | Breaking News | Comments | User Blogs | Stats | Back Page | RSS Feed | RSS Spec | DMCA Compliance | Privacy | Copyright 2019 World Readable

Drudge Retort