Stole it myself DavePosted on 08/24/2015 8:09:08 AM PDT by Hojczyk
Investors and financial journalists scrambling to find an explanation for the recent plunge in global stock markets have plenty of suspects.
Some look abroad for scapegoats: Greece or China. Others blame Janet Yellen: the Federal Reserve she chairs is at long last on the verge of raising interest rates, if only slightly.
Personally, I blame the decline in share values on Donald Trump.
On immigration, Trump has made a name for himself as the restrictionist candidate. Yet scholars describe increased immigration as an engine of economic growth.
The last time America slammed the immigration door shut, in 1929, with the implementation of President Calvin Coolidge’s great mistake, the Johnson-Reed Act of 1924, a stock market crash and the Great Depression followed.
By contrast, the Kennedy round of tariff reductions and the North American Free Trade Agreement and GATT/WTO tariff reductions helped make the 1960s and 1990s times of widespread prosperity. Trump would turn us back to protectionism.
(Excerpt) Read more at newsmax.com ...
Stole it myself Dave
The idiocy is strong with this one.
This article is obviously complete and utter nonsense motivated by fear and hatred of anything threatening Hildabeast.
What? It’s only a misdemeanor?
That needs to change.
Excellent consider it stolen, er borrowed!
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Hey Ira, the stock market and the economy are not the same thing. You’re o.k., apparently, with the dismal economy we’ve suffered with for the last 8 years as long as the stock market is doing well. The rest of us are more concerned about the broader economy. If that does well, the stock market will follow. If you plan to blame Trump, and his stance on immigration for the market falling, who do you plan to blame for the pathetic economy of the last 8 years? We had illegals by the millions, and no Trump during all that time.
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