Quote:
Originally Posted by Jim in CT
When Trump came in, the stock market (thanks in part to Obama) was very high. It's harder to grow the stock market when it's high, and easier to grow the market after a crash.
That doesn't diminish what Obama did. But when he came in, the market had almost nowhere to go but up.
It's like golf. It's a lot easier to take 5 shots off your game when you are shooting 130, then it is when you are shooting 90.
Would it kill you to admit that he's been good for the economy? In all seriousness, what are you afraid will happen, if you are honest for 10 seconds?
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I always feel that I am honest, I just have a hard time with the emperor's attire.
It's a lot easier to make the market go up by cutting corporate taxes in the middle of an expansion phase, in fact it is likely the only way to hyperinflate the market in that case.
Honestly, I feel that it will make the coming market adjustment in the next two years worse.
Who Trump will blame that on remains to be seen.