This is pretty much the same kind of ill-informed nonsense you find all over Trump supporting groups in the USA, being fed to them by Fox and Breitbart and parroted by Trump himself.

It just isn't true. The US economy has been on an upward curve for several years and was started during the Obama administration. Economies take years to react to stimuli and Trump's impact is only now taking effect. The markets are down as a consequence as nervousness overtakes optimism.

Why? His tax cuts have added hugely to their debt without trickling down into the economy as they enrich the wealthy and not the poor. His tariff wars worry markets and hurt consumers. All of this whilst ignoring climate change and consequently storing up huge problems for future generations.

The man is not just brash. He is also narcissistic, ignorant and dangerous.

For the avoidance of doubt any comments in response to a previous post are directed to its ideas and not at any, or all, posters personally.

Surely Obama was elected just after the crash so the credit for the USA recovery is largely his?

'Who are you and how did you get in here? I'm a locksmith. And, I'm a locksmith.' (Leslie Nielsen)

"Facts" without context mean nothing. They at best are half-truths.

It's no better than saying Palace outscored Watford in the first half and claiming that as a victory.

For the avoidance of doubt any comments in response to a previous post are directed to its ideas and not at any, or all, posters personally.

Obviously there’s no point in explaining why using the WH’s own publications is unreliable.

More importantly, anybody can send an economy into overdrive by cutting taxes and increasing spending (which Republicans suddenly seem to be fine with - most peculiar). Doing it at the top of an economic cycle is long-run suicide.

Why has the yield curve come so close to inversion? Why is the VIX so choppy? Why is the Fed not ramping up quantitative tightening when the economy is on the fly? You tell me.

Ultimately, rates still sit perilously close to the zero lower bound. When recession next hits (my bet is 2020), the CB won’t have the same room to manoeuvre that they did last time, which means fiscal stimulus a la Obama will be necessary. When the WH has been stimulating the s*** out of the economy since 2017, however, where do you turn? Trump’s recklessness means the next recession will be far, far harder to fix than the last one. That is unforgivable.

Edited by ChuFukka (09 Feb 2019 1.53pm)

Funnily enough neither did Obama's.

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