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Politics : The Trump Presidency

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To: neolib who wrote (3882)12/29/2016 7:55:58 PM
From: i-node  Read Replies (2) of 362824
 
>> You might look at how job creation, the economic recovery, markets, real estate values, budget deficits etc did under Obama, and ask yourself what sort of individual is opposed to "more of the same"?

You think Obama lowered deficits? You think the job creation has been better than one would have achieved by doing nothing? It certainly has not.

And until you have persistent economic growth you have no "economic recovery."

The economy has been anemic since the day it became apparent Obama would become president. And I think a recovery started the day after election day this year. The Democrats will claim it just as they tried to do with the Depression. Yet, we know now that the Depression was prolonged, not ended, by the policy of FDR.

The 08 recession was sharp and historically, it should have been a sharp recovery. But stupid policy prolonged it.

If Trump is able to enact corporate income tax cuts I expect to see a period of sustained growth over the following several years. My hope is that it kills the idiotic Keynesian crap, which has never worked, any time, any place. Kills it forever.

Deficits are going up over the next few years. If Trump can keep them under a trillion it would be a miracle IMO.
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