subgenius wrote:Actually, it is more accurate to consider that the 1st quarter is the result of the previous President...
That's a spectacularly ignorant remark, but par for the course I suppose given your history of abject stupidity. What you're saying is that there is this general rule in economics that only you know of that says only the first three months of a new administration can be attributed to the guy running the economy the previous 4-8 years.
So this means we were lied to all this time about Reagan's greatness. This means that when unemployment dropped to 7.2% during Reagan's
first three months, that was attributable to
Carter. And then the skyrocketing unemployment we saw that hit 10-11% in Reagan's second and third years, were a result of Reaganomics.
subgenius wrote:In other words, you can't attribute every 2017 economic good to Obama and every 2017 economic bad to Trump without looking like the economic moron you so consistently have been.
That isn't what I have done at all. Though there is no doubt that the economy has been booming and heading on an upward trend for years now, there is nothing really "bad" that can be said of 2017 other than the leveling off of job creation and disposable income. I think it is fair to say that replacing Obama with a fat orange guy who tweets and golfs all day could be a reasonable explanation for that slight drop off in the recovery.
I'm more and more convinced that a President has little bearing on the economy without some signature legislation that has had time to affect it. For example, Obama's expedited legislation in his first few months that ultimately saved the American Auto industry and started us on the path to recovery. That is a valid reason to credit him for those things.
However, in 2017 Trump hadn't passed a single piece of legislation that had a prayer of affecting the economy. He thought his mere presence in the Oval office was enough to make America great. He and is clan of morons at
Fox and Friends were crediting him for the economic numbers that were coming in even
before he was inaugurated. He eventually signed a tax bill but that came at the tail end of his first year. Regarding the increase in outsourced jobs to 93,000, this is more about proving how full of crap Trump is when he said he'd put a stop to it if elected. He hasn't done a damn thing he said he'd do on the subject of trade and China.