2020 Dems: Trump doesn't deserve credit for the economy

[Yo_Mama_Been_Loggin]

Democrats running for president are readying themselves for questions about the strong economy and President Trump. Their answer: it’s Barack Obama’s economy.

Unemployment has fallen all the way to 3.6 percent and the stock market has boomed under Trump, but Democrats say that good news is largely because of policies proposed by the former president, who they credit for turning around an economy in free fall when he became president.

“President Trump was lucky enough to come into office as our nation experienced a long and remarkably steady streak of job growth thanks to President Obama's policies,” Rep. Eric Swalwell (D-Calif.), one of Trump’s most vocal critics in Congress, told The Hill.

“He hasn't managed to get in the way of that, despite his tax cut for the rich, his trade wars and his administration's epic instability.”

https://thehill.com/homenews/campaign/443180-2020-dems-trump-doesnt-deserve-credit-for-the-economy

[saidsimplesimon]

1. It's complicated, the markets move on an international scale.

Some would argue that China has a greater influence. I would say Chairman Xi is in the "catbird seat" for the short term.

[Maxheader]

2. Of course it doesn't...

Same thing happened when reagan was elected..On the heels of an economy coming out of the basement...Nothing r.r. did had anything to do with...but the winger handjobs promoted the boom as gop work...Then passed a tax break for the 1%ers...and claimed that was spurring businesses...Which of course it wasn't..Just like now..

It will be a real bitch to convince people the yellow haired traitor didn't create the economic boom.

[at140]

3. Must disagree based on personal experience

Reagan tax cut dropped my tax rate from mid40's down to 28%. Trump tax cut I need a microscope to notice.

[thegoose]

4. How can anyone think for a minute

That Dump has accomplished anything besides destroy the environment and stack the courts with RWNJs?

[Blue_true]

5. Charley Munger, Warren Buffetts second in command said the same thing this week.

He pointed out that Trump did a couple of things right, but credit for the economic boom belongs to his predecessors because they set the proper foundations for sustained growth. He is a republican, he could not bring himself to say that President Obama deserves sole credit for the economy being stable and growing.