Economists: There has been no "Trump Effect." The job market was already on trajectory before he was even elected

[Kracer]

Let's see, it is on the same trajectory after everything Obama did was reversed. Like regulations and commitment form business to move back to the US.


So essentially Obama's efforts were undone by trump and somehow the same trajectory continues?????


So Obama did nothing except hold his boot on the throat of the economy.

[gwynedd1]

Originally Posted by Kracer

Let's see, it is on the same trajectory after everything Obama did was reversed. Like regulations and commitment form business to move back to the US.


So essentially Obama's efforts were undone by trump and somehow the same trajectory continues?????


So Obama did nothing except hold his boot on the throat of the economy.

In 2006 mortgages were adding 2 trillion to the economy. We also had 100s of billions in revolving debt fall on top of this. Apparently an $800 billion deficit was going to fix all that.

So again the deficits now are not automatic thus there is more than the bare minimum in liquidity. That why financially things are better.

https://www.usgovernmentspending.com...cit_chart.html



Its easy to fix the financial economy . A mathematical formula fixes it all the time, but it kind of crude. . However the bare minimum is not it. I mean do you want to give a patient just enough oxygen to be barely conscious? That is what we did for 8 years. However at some point you cannot just let the financial improve at the expense of the real economy. However it seems as though so few know how it works that there will not be the political will to stop it.