Trump Warns Something Worse Than Recession Is Coming

Former President Donald Trump has warned that America’s economy is on track for a bigger disaster than a recession, with his remarks coming shortly before government statistics showed GDP printing negative for the second consecutive quarter, which is a rule-of-thumb definition for a recession.
“Where we’re going now could be a very bad place,” Trump said at a rally in Arizona last week. “We got to get this act in order, we have to get this country going, or we’re going to have a serious problem.”
The former president singled out the collapse in Americans’ real wages, a historically depressed labor force participation rate, and the Democrat push for the Green New Deal that he said would crush economic growth…. Source

You can skip to the end and leave a response. Pinging is currently not allowed.

One Response to “Trump Warns Something Worse Than Recession Is Coming”

  1. Brenberg: “I think the best indicator of recession is two consecutive quarters of negative GDP growth, because what that means is you’ve had a slowdown, a significant slowdown in the economy,”

Leave a Reply

Powered by WordPress | Designed by: Premium WordPress Themes | Thanks to Themes Gallery, Bromoney and Wordpress Themes