Quote:
Originally Posted by thaskalos
Hold on a minute here. If I relied on this website for all my economic news...then I would have come to the conclusion that Obama was DISASTROUS for the economy of this country. And yet...the stock market was on a perpetual rise throughout his presidency. When did Obama's disastrous "conditions" get 'built into the market'?
|
Obama’s presidency didn’t kill the economy, but it didn’t do it any favors either. The real poison was in the increased regulations that would have acted to restrain the economy further than it now will since Trump loosened them again. There was good reason for stocks to rise under Obama but it could have been much better imo.