In a word..YES!
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.
I call that winning!
I foresee “wiser regulation” which also won’t need as much effort or staffing.
I can’t see Trump going for arrant nonsense. Not a fellow who knows how to both earn money and put up and keep real estate that’s productive for its own sake.
Harry Truman said, “I want an economist with only one hand. That way he can’t say, ‘On the other hand.’”
There are lies, damned lies and economic projections.
What I see around me is a housing boom the likes of which I haven’t seen since the bubble burst. Housing construction is nowhere near where it was then, but it seems sustainable and universal in my two-county wanderings.
Each time I have been to Walmart and Costco I see people buying major items, unlike Obama’s eight years when people just bought necessities.
The biggest difference between Trump and Obama’s economy is Obama took away the rule of law, with the GM restructuring. That removed an estimated $15 trillion dollars from the table as businesses contracted to wait out the lawlessness. Trump gave them back rules and laws they could believe in...and invest under. Trump didn’t need TARP. All he needed was to guarantee the rule of law.
It is a conspiracy to overthrow the Trump administration. Editors of New York Times, Time Magazine, and CNN should be indicted by the Justice Department.
Ignore anybody like pom-pom boy Steven Moore (yes I talked smack about him for years before Trump was President) breathlessly correlating stock market action to the current President, unless you want to give Obama credit for DJII going from 8,000 on Feb 1, 2009 to 21,000 by Feb 1, 2017.
Big fans of big government, funny how corporations in thier infancy are steadfast entrepreneurial capitalists but when they reach the pinnacle of enormous success world wide they go communist socialist and fascist. I guess now the completion is who will enjoy the bliss of government favoritism using socialist and communist tactics pushing out all the other competion
Or they could help.
I would bet on help.
JMHO.
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.
His trade restrictions might do that, depends on what gets negotiated but having a merit based immigration policy is guaranteed to improve the economy.