Akita Suggagaki
Well-Known Member
- Jul 20, 2018
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Not to most people who lived through that period in our history. Do you remember "Cash for Clunkers" that did nothing to help? Or the "Shovel-ready projects" that Obama himself had to admit did not exist. And that's just a sample.
But when Trump became president, the recovery was swift, even if those people who won't say a positive thing about the man even if their lives depended on it will forever claim that Obama was responsible in some supernatural way.
As I said, debatable.
"By attempting to implement economic policy through the so-called "art of the deal" and ignoring lessons that many economists have learned over the last 50 years -- such as the importance of Fed independence, the effects of large budget deficits on trade deficits, the value of multilateral institutions such as the World Trade Organization and more -- he failed to achieve his own self-proclaimed goals of reducing the trade deficit with China, controlling the national debt or strengthening the American manufacturing sector."
A look at Trump's economic legacy
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