it wont happen in 2019 though

itll be 2020

Probably not 2019. Right. It could, but most likely it'll be 2020

It will be a great selling point for one of the candidates on any side.

They will say "I will fix the recession" for sure.

people keep pointing out low unemployment rate, its such an absurd argument. every recession in recent memory had low unemployment rate the year before the recession. thats a natural consequence of a bubble economy

Right.

same with the stock market

it always at a high 1 year before the recession

unemployment is not even low

Unemployment rate and stock market is kinda like trying to figure out if you are about to throw up. If your mouth is already watering and the stock market is crashing... well then we're about to have a little problem here lmfao.

the real rate of unemployment is the U6 number

which is 7%ish

america hasnt had low unemployment for decades

they just manipulated the statistics so that it shows "low"

Yeah that is pretty unfortunate.

yeeep

thats what happens you sign NAFTA

people become structurally unemployed

Yeahhhh I don't know much about NAFTA

I ought to learn about it though.

@Pokécord I don't care

My prefix in this server is ``p!``. To learn how to use the bot, use the ``p!help`` command.

@Shockwave it was just a free trade deal

lowered trade barriers between mexico, canada and the US

which meant american companies could produce goods in those countries without worry

which meant american workers lost their jobs because factories left

Your paragraph in <#513098339961798676> has impressed me greatly. I aspire to your extent of knowledge.

GG @Shockwave, you just advanced to level 4!

I just appreciate that you are well-read.

Also, good to know. The nafta agreement funds more of the "the wetbacks are taking our jobs" argument moreso than the immigration rates.

yea theres very few economists who will tell you this

the reason is because theyre all New keynesians/neoclassicals

both ideologies are based on dozens of false assumptions

and if you build models on false assumptions, you get bad predictions and understandings of the world

Interesting. But their role as an "economists" lets people believe their word is more accurate?

yes

absolutely

to be fair, theres a lot of good "schools" of economics out there

its just that the majority of economists subscribe to a *particular* ideology