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Unread 02-26-2020, 04:13 PM
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Dirius Dirius is online now
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Re: Will Trump become the first US Dictator?

Quote:
Originally Posted by chiamaria View Post
This part is true. When Obama left office and Trump took office, I do remember that the economy just started to tick back on the right path and it was just Trump's luck. Pelosi may be ridiculous but she was right about that point and I don't like that this isn't acknowledged by the republican media side (ie. Fox news). If Obama had been a republican and was replaced by a democrat they would have acknowledged this uptick under the republican president's watch but they don't because he was a democrat and this point is even being buried. Credit should be given where credit's due.
Yes and the credit goes to Trump, and him alone.

What Obama enjoyed in his second term was a partial recovery from a cyclical rebound effect, which happens after any recession in most economies. This is because the average activity becomes so low at the height of the recession, that at some point the only way for the economy to go is up. It is part of what is commonly reffered to as the "boom and bust cycle".

In comparison, the reason Trump is attributed with credit for the economy, is because under his presidency some growth aspects of the economy have reached historical numbers of development never seen before. Such as very low unemployment rates, very high financial returns, etc. This can be genuinely attributed to his economic policies.

The reason the economy is currently doing well in the U.S. is because of Trump.
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Last edited by Dirius; 02-26-2020 at 04:16 PM.
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