Thread: Trump vs Amazon
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Old 04-02-2018, 09:33 AM   #26
Pete F.
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Join Date: Jun 2003
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Posts: 13,067
Quote:
Originally Posted by Jim in CT View Post

You can also hyperinflate the market by doing what Obama did, borrowing a couple of trillion and dumping it into the market.
What would you have suggested he do at that point in time? Wait for things to sort themselves out?



OK, so when the inevitable correction/recession occurs, none of it will be connected to anything Obama did, all of it will be Trump's fault. That's "honest"?
Since the claim is made that all things good are due to Trump's policies, surely the converse must be true?

When the market goes on a tear for 9 years, it typically gives back at some point. If Hilary had won, we'd still be due for a correction/recession. That's the cycle. Sure, there are things presidents can do to make it more or less severe.
Would that be like cutting taxes and increasing the deficit in the middle of an expansion. Sure you have a short term "good" but long term?

You are right, assuming there's a correction/recession on Trump's watch, you can bet he will place all of the blame elsewhere.
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