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.
The best thing is to ignore them.
Your secretary is correct. The market is growing because of the downward pressure Obama put on it for 8 long years. With the pressure released by Trump it is fairly exploding.
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.
Well, after all, shes 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.