You're asking questions you already know the answer to.That's a tough one to put in here.
No, Trump hasn't done anything while in office to make the economy better, yet. But.....it does appear him winning the election does have people more confident in the stock market which causes it to go up.
Personally, I think there is going to be some type of correction in the next couple of years. If he is taking credit for this, is he going to take blame for the correction?
It goes back well before W. It goes back to Regan all the way through W. Regan set Wall street loose, the Bush's and Clinton did nothing to stop it, and encourage deregulation. Obama really did nothing either. Everything that happened in 2008 could pretty much happen again.You're asking questions you already know the answer to.That's a tough one to put in here.
No, Trump hasn't done anything while in office to make the economy better, yet. But.....it does appear him winning the election does have people more confident in the stock market which causes it to go up.
Personally, I think there is going to be some type of correction in the next couple of years. If he is taking credit for this, is he going to take blame for the correction?
I agree with your and StPaul's assessment of why the market is doing what it is doing.
Obama helped the Dow climb almost 12,000 points after nearly collapsing.
It's good to see the stock market doing well. But I'm old enough to remember W and what his massive deregulation brought us. Good things for a while, then the financial sector got greedy, people started getting ripped off, and things fell apart.
Better hope and pray that doesn't happen again. Conservatives already have Dodd-Frank in their sights.
So I guess what Trump's really saying is, "Thanks, Obama!"Trump touts his role in Exxon announcement, but the plan predates his presidency
It's the latest in a string of corporate announcements about jobs and investments that date back to plans companies largely made when Barack Obama was president.
The statement released by the White House quoted Woods as telling a petroleum conference in Houston that private sector investment is "enhanced" by Trump's support for a "stable regulatory environment."
But the statement also acknowledged that Exxon's "Growing the Gulf" program involves investments that started in 2013 and are expected to continue through 2022, at least.
Trump has credited his policies for a variety of corporate announcements — by Ford, Fiat Chrysler, General Motors, Sprint, Intel and more — that reflect decisions made before his presidency.
Sadly, many Americans have no idea and are just along for Mr. Trump's Wild Ride.Donald, about those jobs...
So I guess what Trump's really saying is, "Thanks, Obama!"Trump touts his role in Exxon announcement, but the plan predates his presidency
It's the latest in a string of corporate announcements about jobs and investments that date back to plans companies largely made when Barack Obama was president.
The statement released by the White House quoted Woods as telling a petroleum conference in Houston that private sector investment is "enhanced" by Trump's support for a "stable regulatory environment."
But the statement also acknowledged that Exxon's "Growing the Gulf" program involves investments that started in 2013 and are expected to continue through 2022, at least.
Trump has credited his policies for a variety of corporate announcements — by Ford, Fiat Chrysler, General Motors, Sprint, Intel and more — that reflect decisions made before his presidency.