Investment firm: Trump will cause huge recession

Posted by | December 8, 2016 11:42 | Filed under: Economy News Behaving Badly Politics

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There will be a boom first, followed by a crippling recession.

Legal & General (L&G) — a 200-year-old insurance and investment firm — announced Wednesday that the United States is likely to plunge into a severe recession just one year before the next presidential election if President-elect Donald Trump’s plans for the economy come to fruition. L&G specifically referenced Trump’s $1 trillion infrastructure plan, along with his stated goals of slashing federal tax rates for corporations and individuals in their assessment of the future of the U.S. economy.

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Copyright 2016 Liberaland
By: Alan

Alan Colmes is the publisher of Liberaland.

11 responses to Investment firm: Trump will cause huge recession

  1. Buford2k11 December 8th, 2016 at 11:57

    we knew this a long time ago…where were ya when it counted?

  2. Foundryman December 8th, 2016 at 12:21

    The biggest recession most likely depression in history is heading right toward us like a freight train. It will start before Jan 20. The market is already going up, it’s getting ready to crash.

    • granpa.usthai December 8th, 2016 at 14:56

      runaway freight trains are hard to stop, unless they jump the rails and CRASH completely.

      PS: CHINA (the nation that builds islands then floats them into disputed territories) will not accept their losses gracefully.

  3. anothertoothpick December 8th, 2016 at 12:33

    Only a country with 50 million dummies willing to elect a pussy grabbing reality TV start as their dear leader would deserve a This sever recession.

    • granpa.usthai December 8th, 2016 at 14:52

      DEPRESSION to the average American is
      minor recession for the upper class,
      AND
      major SALES days for the 2%.

      take a guess which class the independent truckers who voted for trump are/were in?

  4. Bunya December 8th, 2016 at 13:50

    Old news Alan. We figured this out a long time ago, when Trump got the nomination. That’s why liberals are sh*tting little green apples at the thought of what’s going to happen January 20th (if things don’t change).

  5. rat618 December 8th, 2016 at 14:14

    On the 21st of January Trump’s AG will announce charges against the L&G Investment firm.

  6. granpa.usthai December 8th, 2016 at 14:48

    we’ll see, but it won’t be good for the trucking industry if it does happen.

    $10.99 a gallon for diesel when you only get a box of rotting tomatoes to transport across the country ain’t gonna be good for the independent truckers – even the wooden headed ones – even if they do get a ‘yugee’ tax cut after the $500,000.oo minimum.

    how do you say: “boy did we get F’d F’d F’d” – in trucker language?

    oh yea, it’s all Obummer’s fault!

    yep. – just keep on believing, even as T rump Repo is pulling your rig right out from under you.

    K-seree that, good buddies.

  7. The Original Just Me December 8th, 2016 at 14:59

    Recession or Depression, the Republican Rich always make money and gain power and control over the People. That is why, every Republican President has had a Recession during their term.

  8. amersham1046 December 8th, 2016 at 17:03

    Well the blame will be heaped upon Obama

    • Mensa Member December 8th, 2016 at 22:34

      Exactly — conservatives always blame the last or the future democrat.

      When Republicans crashed global capitalism, it doubled the national debt.
      Who do they blame?

      Obama!

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