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Originally Posted by Jim in CT
not exactly true. the 2008 recession happened pretty damn quick. the current correction happened quick.
guys, he inherited a robust economy, and he made it a little better. most business leaders say that the confidence he provides that there’s a businessman in the white house, the regulations he did away with, and the tax cut, all helped.
What are you afraid will happen, if you admit he helped the economy? no one is saying he inherited a mess. But he did things differently from his predecessor, and they pretty much worked. the market is tumbling because of profit taking, the fed, global concerns, the sense that a recession is inevitable, and his tariff war ( the only one of these things he controls).
your total lack of ability to be objective with this guy, is something to behold. it really is.
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Never said he didn’t help somewhat help keep the ship moving forward, but I also suspect there wouldn’t have been much difference with any other candidate, not in the first couple years. You are mistaken that the economy can turn on a dime, sure the stock market can make corrections quickly, but i wasn’t talking about the market.
While Trumps moves, primarily for corporate America and the upper class, certainly kept things going; his moves this past year seem to be having the opposite affect. If you want to make the case the market is a good barameter of the economy, how is loosing well over an entire years gains anything but negative?
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