The Economy

 

It’s the economy that most commands the vote
That is what politicians know by rote
To Trump it is his last remaining hope
To win this next election

With hints of economic slowdown taking place
The China trade war’s escalating pace
Inverted bond yields signaling to brace
For possible recession

The past ten years have seen unparalleled expansion
Spurred on by Q.E.D. and tax retraction
That benefitted most a smallish fraction
Of our population

These monetary handouts to the nation’s wealthy
Created the illusion the economy is healthy
Consumer confidence is high, a feeling that we’re home free
All ripe for exploitation

In spite of Fed’s propensity for fiscal stimulations
Or tuning the economy by rate manipulations
Eventually the market wins correcting the distortions –
Economy deflation

There’s little doubt that this will happen. When? That is the question
It could be soon or could take months, with efforts of deflection
No matter what, it’s timing will influence the election
And world reaction

8/25/19

Author: Sabba Rabba

Unapologetic Octogenarian Democrat Respond to Poelitic@Poelitics.net

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