A- for the economy, F for policies (tax, need money, corporation)

[Cida]

Useful distinction.


An A- for the U.S. Economy, but Failing Grades for Trump’s Policies
Justin Wolfers

The economists are nearly unanimous in concluding that Trump’s policies are destructive.

https://www.nytimes.com/2019/02/04/b...xes-trade.html

[turkeydance]

policies do not pay my bills.
the economy does.

[Quietude]

Originally Posted by turkeydance

policies do not pay my bills.
the economy does.

So you're of the belief that there's no connection between the two?

Or do you just wish to ignore that policies have slow and long-term effects on things... like the economy?

The boom right now is almost wholly attributable to the policy of giving corporations huge tax breaks. So you might want to buckle your seat belt for the next lap around the track.

[turkeydance]

"So you're of the belief that there's no connection between the two?"
yes.
or, at least, not enough of one
to make any monthly difference.

[Quietude]

Originally Posted by turkeydance

"So you're of the belief that there's no connection between the two?"
yes.
or, at least, not enough of one
to make any monthly difference.

Oh boy.

So as long as gas is $2.50 a gallon, nothing else matters. Not even factors that might make gas triple in price - those "don't make enough of a difference" to you?

[mathjak107]

i have never worried about the what if's i can't control .. rather i plan and allow some slack in the plan for them ...what i worry about is stuff that happens , everything else is merely a concern , much of which will never be a factor in anything ..

[mshultz]

Here's the answer, at the end of the article:

Of course, I should admit a final possibility: Perhaps Mr. Trump has got it right, and the economists have gotten it all wrong.

My investments agree with that assessment.

[Oklazona Bound]

Originally Posted by Quietude

So you're of the belief that there's no connection between the two?

Or do you just wish to ignore that policies have slow and long-term effects on things... like the economy?

The boom right now is almost wholly attributable to the policy of giving corporations huge tax breaks. So you might want to buckle your seat belt for the next lap around the track.

I am not a Trumper and I cringe often with what he says and does. But its been the same broken record from Trump haters for two years. That the sky is going to fall, just wait and see.


You need money to pay bills, you can't pay them with political correctness.



The reality is the economy at the moment is very good and probably better than it would be if Clinton had won and raised taxes or at the very least refused to lower them.

[llowllevellowll]

It's amazing to me that people still attribute so much of the economy to who happens to be sleeping in the Oval Office. Clinton definitely wasn't the reason for the tech boom, Bush wasn't to blame for its crash, Obama wasn't the reason for the recovery, and Trump is not at all the reason for the continued economic uptick.

The effects of their policies and cabinet choices are often felt much later in time, but because we are a society so bent on instant answers, we create false narratives and then use them to define their terms.

[Quietude]

Wow. We need to file this thread under the online definition of "shortsighted."

"I don't care what direction the government sets on anything as long as my portfolio is up today."

Kinda like the first 999 feet of a thousand-foot fall could be almost pleasant.