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Reply to "The contrarians: They didn’t vote for Trump, but they would now"

direstraits posted:

I'm rather amused concerning any reference by Democrats as to the first quarter  GDP growth of 0.7 percent.  First, Obama was president for the first 20 days and his economic policies drove much of the rest of that quarter.  The first quarter of 2009, the average GDP  growth was -5.4 percent.  Dems screamed that Obama should not be held responsible for that as it was mostly Bush's policies.  No matter, Obama's presidency has an average GDP growth of 1.8 percent -- the worst recovery in over 100 years.

Usually the real recipient of the good or bad results of an administration are the future administrations of different presidents. Bush and Obama inherited the housing bust from laws enacted in the Clinton administration that artificially overstimulated the market while Clinton was the major recipient of the Reagan era tax cuts and "Star Wars" technology that became commercialized.

I might also note that the stock market has mostly responded emotionally to the Trump agenda; we're still operating under an Ol'bama budget but some onerous regulations have been tossed. We won't really know how good or bad Trump was until much later. 

Last edited by Stanky

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