SDHornet wrote:Ibanez wrote:
Why can't someone argue that the reason the economy is doing well is because of something a previous administration has done. Isn't that what is said about the 1990s? That Clinton was enjoying the benefits of Reagan policies? It often takes years for the effects of policies, legislation, initiatives, etc... to be felt and measured. I'm not saying that business don't like a Trump administration, but i'm not sure as to how much credit belongs to Obama/Biden vs Trump?pence.
Your just trolling AZ to get him to post the long list of economic milestones since Trump took over.
Any normal person would just look at their most recent 401k statements and realize the difference all by themselves.
How much power does the American President truly have over the economy? Our economy is massive and contains many moving parts. It's global. Is it a combo of Obama policies, Trump policies, the environment many people perceive to exist under Republican leadership?
Those are sincere questions. American Presidents can't bend the market to their will - if that were so than we'd always have a great economy and wouldn't have any recessions or depressions. I'm not sure the POTUS is that powerful.
That's not to say, the DOW/S&P might not rise or fall based on a tweet or proposed tariff. But the stock market isn't the economy. Last year we saw stocks drop over fears that economic growth was too strong. So, it's not a 1:1 relationship.