Why the Left Has Been so Wrong About the Trump Boom

Townhall.com ^ | November 7, 2017 | Stephen Moore

[castlegreyskull]

I felt like obummer did everything he could to suppress the economy. I think the market potential still outweighed anything he could do for 8 years.

[BitWielder1]

The Left wants Trump to fail so bad they portray everything he does in a bad light or make things up altogether.

[Kaslin]

You mean him (Steven Moore)

Or perhaps this Steven Moore?

Maybe this Steven Moore?

Perhaps this one?

[Dixie Yooper]

Obama stocks have not done well with the Trump market. Big pharma has been a dog ever since Obama left office. Most of the market increases under Obama had to do with medical and money changing hands. Very little product production and few jobs from the companies that prospered under Obama.

[alloysteel]

The government as we have known it since 1989 has BEEN the problem.

Ronaldus Magnus was well on the way to providing us with a long-term workable government, and when he departed the office, there was some sense of government being of service of, by, and for the people. But much of that had evaporated by 2001, after successive terms of Bush-41 (”Read my lips. No new taxes”, just before he acquiesced to, yes, new taxes) and Slick, with his “third way” of politics. Bush-43 just could not say “No” to ANYTHING Ted Kennedy sent over to his desk, and with the economy falling into disarray, the nation proceeded to put in office a totally unprepared neophyte, who fronted for a Deep State that was determined to take and hold power at all costs. Not only that, the nation, through what only be identified as a combination of guilt and manipulation, actually re-elected this charlatan, based pretty largely on cult pressure.

But now, as a result of the totally unpredictable electoral success of Donald Trump, “Free At Last, Free At Last, Thank God Almighty, We Are Free At Last!”

[pgkdan]

, I ask her about how he made the stock market do even better. She quickly says, well that is because of obama too. Can’t win with these people.

Well, she's partly right. Most of the boom is due to Trump, his deregulation policy, the promise of tax cuts and general optimism. The other part of the boom is due to the fact that Hillary lost and obummer is GONE! So yeah...in a way I guess obummer gets part of the credit.

[pgkdan]

Editors of New York Times, Time Magazine, and CNN should be indicted by the Justice Department.

If you want to see the Sessions DOJ prosecute someone call him the next time you think some kid is smoking dope. Other than that Jeff's not available.

[Nateman]

Trump's more restrictive policies on trade and immigration could harm growth potential.

His trade restrictions might do that, depends on what gets negotiated but having a merit based immigration policy is guaranteed to improve the economy.

[okie 54]

It all comes down to the fact they spent 8 year lying to cover for 0banger’s butt they have forgotten how to tell the truth

[conservatism_IS_compassion]

The liberal secretary in my office always talked about how Omuslim gets credit for the stock market increase during his residency. When I ask her the other day, when she was criticizing President Trump for everything, I ask her about how he made the stock market do even better. She quickly says, well that is because of obama too. Can’t win with these people.

Well, after all, she’s right:

One reason that economist Larry Kudlow and I and others assured Donald Trump that 3 to 4 percent growth was achievable was that Trump could capitalize on the underperformance of the Obama years. Under Obama, business investment fell almost two-thirds below the long-term trend line -- thanks to higher taxes on investment. Now, partly in anticipation of the tax cut, business spending keeps climbing.