Quote:
Originally Posted by Catfish
Good for America, but Trump does not deserve being hailed for it.
"In fact, Mr. Trump didn't inherit a fixer-upper economy.
The U.S. economy just entered its 10th year of growth, a recovery that began under President Barack Obama, who inherited the Great Recession. The data show that the falling unemployment rate and gains in home values reflect the duration of the recovery, rather than any major changes made since 2017 by the Trump administration."
https://www.cbsnews.com/news/us-gdp-...ally-standard/
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That's interesting. When Trumpo was running for President, he claimed he had ideas that could get the GDP up to 4+% and all his expert critics dismissed this as wishful thinking. They said he was wrong, it couldn't happen. What they
did not do is state "yes, the US economy is headed to 4% growth thanks to Obama's policies." They had no clue this economic recovery was coming.
From 2016
Quote:
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Nearly every proposal that Trump has made, whether his tax proposal or his plan to deport the estimated 11 million immigrants who are living in the country illegally, led to a lower estimate of gross domestic product in the Moody's model.
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https://www.businessinsider.com/trum...t-zandi-2016-6