Quote:
Originally Posted by elysiantraveller
If we are using the market as one barometer of economic policy it should be noted its remained essentially flat since all the trade talk started.
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It should be noted that the 'trade talk' actually started in the lobby of Trump Tower in
July 2015 when Trump announced he's running for President. And it should be noted that the markets haven't remained essentially flat since then -- they've gone skyward.
Every day since he announced his presidential aspirations he talked of unfair trade deals, onerous trade deficits, 'China', 'NAFTA' and, of course, how he'll correct all this starting with tariffs. There were no secrets from Trump about his business, economic, and trade agenda if elected.
The USA rewarded him with his election; the Wall Street crowd approved too by the historic leap to 25,000 in the Dow and all-time record highs in NASDAQ, plus, Main Street also approved of Trump and his economic and 'trade' policies.
There's record low unemployment levels, record high job creation and most of all, lower taxes for corporations and individuals, plus capital goods spending by corporations are at historic, record levels.
The 'trade', economic and business policies of Trump are indeed working, much to the chagrin and angst of the naive and ignorant.
