View Single Post
Old 08-27-2018, 08:24 PM  
sarettah
see you later, I'm gone
 
Industry Role:
Join Date: Oct 2002
Posts: 14,057

Quote:
Originally Posted by OneHungLo View Post
I'm talking about quantitative easing which was put into place by the Bush admin. That had a profound effect and definitely put the economy back on the right direction.
WTF? The economy continued to collapse throughout 2007 and 2008 while Bush tried to save it. His policies did NOT work, plain and simple.

Obama's plan was different. It did not have the emphasis on what the Federal Reserve did and instead put the focus onto the consumer. It paid off.

Quote:
So I guess you're also in the camp that Trump has nothing to do with the economy.
Don't put words in my mouth (or post as the case may be) please.

I have said nothing of the sort. I am not sure at this point how much credit to give Trump. It is always easier to see the reality of what occurred in hind sight.

I do not like Trump's economic policies but so far they have not seemed to cause the harm that was predicted by some. He gets credit that the Dow Jones has continued to rise under his adminsitration. Whether it will continue to or not, we will only be able to tell after the fact.

I hope the economy does great and will give him credit whenever I see it is due.

.
__________________
All cookies cleared!
sarettah is offline   Share thread on Digg Share thread on Twitter Share thread on Reddit Share thread on Facebook Reply With Quote