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Old 06-11-2018, 01:36 PM   #31
spence
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Quote:
Originally Posted by Jim in CT View Post
I'm highly critical of his character. But when he enacts great public policy, I give him credit. The economy is roaring, at a time when many economists feel we are past due for a recession.
If you were highly critical of his character you'd be razing the forum with hyped up posts like you did with Clinton and Obama.

As for his policy leading to a roaring economy I'm not sure where you gather that from. A key reason the economy is doing as well as it is though is the global economy has been performing very strong and lifting us with it. He inherited the positive unemployment, the tax cuts have given us a short-term jolt that is expected to start fading next year but there's not been much movement on wages as well as savings which is very weak. GDP hasn't come close to Trump predictions and is expected to fall to 2% next year.

Goosing an economy at full employment doesn't make a lot of sense unless it's just political payback. Starting trade wars with our allies where we don't even really have trade deficits doesn't make sense either. Remember all the tough talk on China? Trump tried to be a bully and got bitch slapped. Instead we're going to battle with Canada over cheese, our second biggest trading partner and a country who has stood by our side like a blood brother.

It's embarrassing.
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