Not so much the man in the oval office, more the timing. Recessions seem to have a cyclical nature – they come around every 8-10 years. So, since the last recession began in 2007 and ended in 2009, we are due for a recession. Again, it is not necessarily Trump’s fault that this is likely going to happen, but he could play into it. Based on his actions in office, Trump could either cause the recession to come sooner than expected, let it happen completely naturally, or preserve the economy and push off the recession we expect. The article moves from focusing on the looming recession’s relationship with Trump to looking at the impact this recession could have on the global economy. Countries are vulnerable right now – many economies rely on exports too heavily. This recession could possibly be one for the ages. Will Trump play a role in how this plays out? We’ll just have to wait and see.
http://www.marketwatch.com/story/next-recession-will-hit-during-trumps-first-two-years-2017-05-01
Analysis:
Recessions happen. That’s an economic principle. But a few very important men and women have a strong say in when and how badly these recessions will affect us. Donald Trump is one of those people, and with that man in office for the next four years, who knows what’s going to happen. This article does not place blame on Trump for the next recession, it simply states that a recession will likely happen in the next couple of years since we are due for one. The recession will hit the world hard. The author points out that we may see impressive expansion in the next couple of years, but sooner or later, the economy will take a turn for the worse and dive bomb.