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Trump wants to take credit for the strong economy: it’s likely

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President showers self with praise, as usual. Does that mean he'll take the blame when it all goes badly south?

In a desperate attempt to fluff Donald Trump’s base and shield him from rising calls for impeachment, the White House has launched a campaign to ballyhoo an admittedly robust economy. It might literally be the only thing keeping the president’s head above the surface-tension of an increasingly suffocating and self-manufactured quicksand pit. Deep down he probably knows it. As long as the leading economic indicators show a decent level of growth with low unemployment and a Dow that’s above 20,000, Trump’s presidency will remain buoyant.

http://archive.is/YUz7U

The politics of this strategy are simplistic, misleading and nearsighted. But, for now, it’s all he’s got.
The act of seizing ownership of a strong economy this early in an administration is a impulsive and risky proposition, which is why it seldom happens. Not this soon. When the economy begins to backslide, as it inevitably will due to Trump’s harrowingly destabilizing presidency, he’ll have nowhere to hide. Since he’s claiming ownership of the economy from here on out, he’ll be the first person we blame when there’s an economic downturn. In other words, Trump knows nothing, and if he and his political advisers knew what the hell they were doing, they’d be more cautious about inextricably linking the president to such a mercurial collection of indicators.
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>>165486
Improving economic numbers, unemployment down, Dow up...that's all Trump has? What Americans voted him in offices to do, he is doing, and that is all Trump has to go for him, and that is a bad thing. What color is the sky in your world?
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>>165488
Yes the numbers are improving. But for the wrong reasons. Trump is promising racism and tax cuts for the rich. This is wrong.
I hope the economy crashes and Trump get's the blame, then people will see that capitalism simply doesn't work and they will start voting democrat again. BIG TIME
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>>165486
>Major campaign point and major accomplishment is forcing a reduction in federal regulations
>market goes up as he does this in spite of fed rate hikes
It isnt that hard to see he is causing this upswing with the confidence he brings to the market. The big forseeable bubble (real estate) coming isnt even going to start in the US, likely Australia or Canada. Itll certainly affect us but it wont cause the overall market to crash as hard as the tech bubble or the last housing crisis.
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>>165490
>>>/global/rules/3
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>>165495
ABOLISH THE UNCONSTITUTIONAL AND CRIMINAL FEDERAL RESERVE
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Fake news opinion trash
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the economy is about to crumble though...
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>>165550
why? You think it's a bubble?
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>>165554
There certainly is a bubble but its not exclusively in the US. Its going to hit china the hardest when it pops since its largely chinese companies buying and flipping real estate in canada and australia. The companies keep buying each others properties for incrementally more, pulling more debt for the same properties. The end result is 1000 sq ft homes in suburbs going for millions of dollars after a new coat of paint, some cabinets and 6 sales between Xing real estate, Chang realtors and Hons property investors. Canada has a shitton of debts and maybe 5% covered liabilities, leaving it a single bank run away from massive financial collapse. When this bubble pops itll affect anyone who trades with China.
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>>165490
Capitalism doesn't work like socialism works, and thank god for that. I don't want to have to eat my pets and rummage through rich peoples trash.
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>>165490
Throw away your iphone then dipshit
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>>165490
I agree. I'd rather have Obama in office and the economy worse and getting worse. I hate the rich. Even though Obama and his family is rich, they were cool.
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>>165608
>I agree. I'd rather have Obama in office and the economy worse and getting worse. I hate the rich. Even though Obama and his family is rich, they were cool.
Replace hate with envy and you have an honest statement.
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>>165608
So you'd rather see everyone worse off with a "cool" guy in charge. This isn't high school, but I suppose you'll learn that once you graduate and have to pay your own bills.
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>>165486
whew is it relieving to see the occasional correct headline on this disappointing board
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What can governments even do at this point? We're due for a crash that's going to be worse than 2008. How can anyone believe unemployment is down and the wages are going up?
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>>165486
test
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>>165486
So when does he get credit?

>>165490
>Racism...
You mean protecting the borders. Deporting illegal criminals Invaders.

Tax cuts for the rich do work, it's been proven over and over again.
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>>165490
Is this a troll?
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The US economy is fine and not Donald trump will be able to stuff it up too badly. Worst thing that could happen is that he never gets around to infrastructure spending and things stagnate for a while before some other bozo comes in in 2020.
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>>165664
>Tax cuts for the rich do work, it's been proven over and over again.
except statistically it's been disproven over and over again.
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>>165672
Gotta source on that?
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>>165680

Kansas.

>t-they didn't cut spending though!

Because the services they gave were liked even by GOP constituents.

Tax cuts for the rich fell apart in theory, they fell apart in actuality. They booted out the far right candidates and elected GOP moderates and even Democrats.
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>>165697
Venezuela
If one state can prove your point, one country can prove socialism is an utter failure, and I would much rather be in a failed Kansas that in Venezuela
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Except Trump and his tax policies ARE respomsible for the stock market and investment you fucking retard tool

It's like you neofaggers never bothrred taking economics 101
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>>165703
So what happens when this bubble bursts? Will Trump take the credit for that too? If not how will he get out of it when he takes full credit for the stock market now?
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>>165486
hope he really means what he says, he is a just and good president, you guys just don't see how america is changing. Instead, these left just bitch about more and more.
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>>165560
Sounds like a good opportunity to leave the chinks behind after the fallout, to be honest.
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The blind leading the blind. Trump is not stupid. He will continue to fuel the economy. Yes the Yes Elites can pull the plug and create a disaster. They are not ready to pull the plug. Trump has side tracked their agendas. As long as he is President, he will continue to buy us time. To pull the plug on the markets would literally destroy some significant large corporations that are too important to the Globalist agenda. They are caught in for the time being in their own web.
Thread posts: 30
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