Posted on 12/02/2017 11:01:37 AM PST by davikkm
Trump continues to make a mistake so costly that it could relegate him to the title of worst president of all time. Let me say first, if you are a Trump supporter, I am not your enemy. I am generally indifferent toward Trump and want the United States to succeed no matter who is president. The purpose of this article is to warn you about what the Deep State has in store for Trump and his supporters. Unfortunately, Trump’s rhetoric plays right into their hands.
Recently, Trump made the mistake yet again by tweeting this:
https://twitter.com/realDonaldTrump/status/936260193536573440
The largest and most dangerous mistake Trump is making as president is taking credit for the economy. As an economic enthusiast and investor, I can tell you that presidents don’t control the economy. No one should have given Obama credit for the recovery and Trump should not be taking credit for the economy now. In a free(ish) market/capitalistic society, there are countless reasons the economy does and does not do well. The president’s influence on the economic cycle has always been miniscule.
(Excerpt) Read more at investmentwatchblog.com ...
It’s a good point.
Don’t misunderestimate Mr Trump
I won’t click this trash past the excerpt.
If every other president has taken credit for
economic good times, which they probably have,
then to say it is a fatal mistake for this
president to do the same thing is moronic.
Wrong! (Trump voice)
Who exactly put the breaks on regulations? Who reversed some of the worst regulations? If Trump did then yes he is responsible for a more vibrant economy.
Trump has no problem elbowing the deep state in the nose.
Just what the DR ordered IMHO
But if the premise is true—it doesn’t make Trump a bad president. Much less the worst president in history.
Oh, you mean like yesterday when ABC put that trash out about him and the market dropped 300+ points? That kind of miniscule?
pffft. A senseless article that had no other reason to be written other than rain on the parade.
Trump is right, if Hillary were elected we wouldn’t be rising and we wouldn’t be rising and we would be looking at just nothing by debt, debt, debt.
This is where there’s something weird about the writer.
How would taking credit for an economy that later goes south make him a bad president?
It’s not really a good point because regardless of whether or not President Trump “takes credit” for the economy, he will absolutely be blamed for it if it goes south. So why not take the credit when it’s good?
I usually like articles from this site, but who is this MAROON?
A president taking credit for a good economy? I’m SHOCKED!
The difference this time is that Trump actually DESERVES the credit!
His Bully Pulpit remarks alone are worth a couple GDP points. Not to mention the total turn around in economic expectations.
Oh yeah, and there are those pesky little facts... GDP, unemployment number, employment numbers, stock market. trade, etc.
WINNING! I love Donald J Trump!
His blind spot is his family. Jared, Don Jr, and Ivanka seem to have minds of their own and don't seem overly eager to learn how to play this game well. It involves knowing the rules and understanding the landscape, and not just in their own terms.
I am less concerned now that First Family seems to have become just President Trump, Melania, and Barron since the Asia trip.
So Oprah revived the economy? WTF?
The author is right about his finer technical points on economics, but he's wrong to call this a "mistake" on Trump's part. In his haste to criticize Trump for being a shameless self-promoter, he fails to mention that Trump is also America's biggest cheerleader and confidence-builder.
Consumer confidence has more to do with the economy than anything else.
Obama tried to b.s. his way with the “summer of recovery” that every thinking person knew was not happening.
People are spending money because we have a president trying to drive the country in way that promotes freedom, liberty and nationalism.
The writer, just like most in high places has spent too much time in academia and not in the common real working mans world.
Cutting dozens of job killing regulations doesn’t hurt.
The Twitter link goes no where. Says Nothing, Complete BS
No. This is the author's "gravest mistake". The US economy up to 2016 was heavily regulated and highly taxed. It wasn't "free(ish)".
So this president's influence has been more than "minuscule". He has deregulated and he has lowered taxes (a little bit).
That said, Trump's actions have put off a collapse, but one will eventually come if we don't take action on our spending problem.
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