A recession is inevitable. But could an economic contraction be delayed if President Donald Trump gets re-elected next year?
Robert Shiller, Nobel Prize-winning economist, thinks Trump winning a second term could postpone a recession, which means his successor would be left holding the bag and Trump deemed the greatest Economy President of all time.
So, why should the American people expect four more years of economic growth?
He told CNBC:
“It also seems likely that when Jerome Powell’s term as Fed chairman expires, he’ll bring someone in that he controls more, and bring someone who can stimulate the economy without worrying. It’s also that Trump is a model for extravagant living and big spending. All these things are boosting of the stock market.”
The early polls suggest that Trump has a slim advantage over the leading Democratic field.
At this point, Trump’s biggest opponent is former Vice President Joe Biden, which is why the mainstream media is defending his creepy actions because a Biden nomination could lead to Trump’s demise (SEE: MSNBC, Washington Post comes to the defense of Creepy Uncle Joe Biden).
Either way, the next recession will be worst than the financial crisis a decade ago.
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