Predictably, now the market becomes the be all and tell all of Trump's economy.
Heh.
Morning Joe embarrassingly starts with "after Obama had the economy in such great shape...."
No shame.
Predictably, you only discredit the market as an indicator of Trump's economy when it is in freefall. Its
Trump who touted the market as evidence of his masterful stewardship. You can try to have it both ways, kiidcarter8, but doesn't mean we will let you.
And yes, Obama did have the economy in good shape. As Trump would tell you if he were honest, as he was touting increases in GDP and employment growth that were continuation of Obama era trends.
Meanwhile, what has Tariff Man done? He's spent $1.5 Trillion on tax cuts for the already wealthy with little discernible benefit to the economy. It has led to record buybacks which are artificially floating stock prices, while the bond markets are predicting that we've already seen the best of this cycle and some are predicting a recession as early as next year. Trump's tariffs? Auto plant closings, and giving tens of billions on farmers who are getting killed by totally predictable and Trump-caused retaliation. And to top it all off, a ballooning deficit accrued over a period of economic expansion that will make us less capable of recovering when the recession hits.
Winning!