Is Trump Taking Credit For An Already Great Economy?

ColonelLingus

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all trends show decline in unemployment, economic growth, better wages throughout Obamas presidency as well as Trumps. (I dont think these numbers are actually effected by whos sitting in an oval office for 4 years like so many believe but thats another topic). Trump will probably go down as the greatest "salesman" president of all time.

According to Trump when Obama was in charge about 5 minutes ago things were sooooooooooo terrible yet all the numbers show that Trump stepped in at the right time to claim victory despite crying foul when Obama had the ball.
Whats your take on this? Is Trumps mere presence enough to stimulate an economy like he sells you on or should we believe the trends we saw under Obama just kept going. Perhaps we should give Trump credit for not disturbing the trends.
 

Perados

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It's hard and takes time to push an economy sustainable. I doubt Obama really did much in his second term to boost the economy. He stabilised the economy after Bush left the office and this was the start of the growth trend.

Trump hasn't done anything to push the economy in the first few month of his presidency. I always wondered how he could claim any success.

I always thought the economical developments of the first 18 month is always granted to the previous economy. No matter of it's a growth, or decline. - sure there are exceptions, if a government gives a big impulse a change in economy can happen faster, but even then it takes some time...

I guess you can congratulate/blame Trump on everything past midterm elections.
 

Thikn2velvet1

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all trends show decline in unemployment, economic growth, better wages throughout Obamas presidency as well as Trumps. (I dont think these numbers are actually effected by whos sitting in an oval office for 4 years like so many believe but thats another topic). Trump will probably go down as the greatest "salesman" president of all time.

According to Trump when Obama was in charge about 5 minutes ago things were sooooooooooo terrible yet all the numbers show that Trump stepped in at the right time to claim victory despite crying foul when Obama had the ball.
Whats your take on this? Is Trumps mere presence enough to stimulate an economy like he sells you on or should we believe the trends we saw under Obama just kept going. Perhaps we should give Trump credit for not disturbing the trends.

First off, why would anyone believe a President can fix the economy? If that were remotely true, no sitting President would ever have a receding economy. But Obama took credit so now it is only fair Trump takes credit.
 

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The person sitting in the top job, through their policies can effect the economy to some extend. But it takes a lot of time. So perhaps the economy has been doing well because of Obama's presence in the oval office. I also think big business preferred Trump over Clinton which would then prompt optimism in the economy.
 
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deleted15807

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Trump gave an added boost to an already strong economy by his relentless deregulation--at the expense of consumer, worker, environmental, and financial protections.

It's not just the economy, stupid.

The price tag of course will be paid by future generations. And the economy is already slowing thanks to his trade wars. So much so the fed has had to lower interest rates. Considering that trade confrontation with China is the centerpiece of Trump’s economic policy, it’s not reassuring to learn that his trade war czar, Peter Navarro, has an imaginary friend — a source named “Ron Vara” whom he has repeatedly cited in his books, but who doesn’t exist, and whose name is in fact just an anagram of “Navarro.”
 

Thikn2velvet1

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Trump gave an added boost to an already strong economy by his relentless deregulation--at the expense of consumer, worker, environmental, and financial protections.

It's not just the economy, stupid.

Oh yes it is. When progressive nirvana (hehe) Seattle dropped its big business $250 “ head tax” it was plain for all to see, it is only about the economy.
 

Industrialsize

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The price tag of course will be paid by future generations. And the economy is already slowing thanks to his trade wars. So much so the fed has had to lower interest rates. Considering that trade confrontation with China is the centerpiece of Trump’s economic policy, it’s not reassuring to learn that his trade war czar, Peter Navarro, has an imaginary friend — a source named “Ron Vara” whom he has repeatedly cited in his books, but who doesn’t exist, and whose name is in fact just an anagram of “Navarro.”
True story: Jared Kushner found Peter Navarro by browsing Amazon.com for economists.
Report: Kushner found Trump advisor Navarro by browsing Amazon
Report: Kushner found Trump advisor Navarro by browsing Amazon
 

keenobserver

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ColonelLingus

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Trump gave an added boost to an already strong economy by his relentless deregulation--at the expense of consumer, worker, environmental, and financial protections.

It's not just the economy, stupid.
anyone who calls someone stupid in a political forum is over confident and therefore compensating/obnoxious. great talk though.
 

ColonelLingus

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First off, why would anyone believe a President can fix the economy? If that were remotely true, no sitting President would ever have a receding economy. But Obama took credit so now it is only fair Trump takes credit.
Trump believes it obviously dont you see his own pat on the back every time something good happens. And anytime something bad occurs someone else is to blame.