Monday, September 10, 2018

Economists: Trump Is The Reason

Liz Peek writes at The Hill about who gets to take credit for the booming U.S. economy, rising wages, and falling unemployment. Both parties have claimed it is their doing.

Peek reports a study of economists who should know who is responsible,  if anybody does.
The Wall Street Journal asked 68 business, financial and academic economists who was responsible for the strengthening of the economy, and most "suggested Mr. Trump's election deserves at least some credit" for the upturn.

A majority said the president had been "somewhat" or "strongly" positive for job creation, gross domestic product growth and the rising stock market.

The pros cite the White House's push for lighter regulation and the recent tax bill as critical to a pro-growth environment; more than 90 percent of the group thought the tax bill would boost GDP expansion over the next two years.
And what is even better, this particular economic "rising tide" is lifting the "boats" of everyone, not just 'Silly Con' Valley acid heads. Black and Hispanic employment are at record levels too.

It would almost be worth the pain for voters to ignore all the good news, elect a slew of Democrats, and watch the economy fall quickly into a deep recession. Do you think they would connect cause and effect? Nah, probably not.