"The economy was in the best shape ever before this happened. He is doing something right, and will also bring it back."
He is doing NOTHING to stimulate the economy. What can you point to that shows Trump is the reason the economy was doing so well other than the fact that he was POTUS?
He inherited a growing economy when he took office. As far as I can recall, Obama never took personal credit for what the economy was doing. We had the Great Recession under Bush that started to turn around in 2009 under Obama and just continued to get better for 7 years. I don't recall Obama ever blaming Bush or taking credit for "fixing it", he just put policies in place that helped improve things.
Yet when Trump came into office, he said he inherited a mess, but he "fixed it". What exactly did he fix? Nothing changed - the markets continued to improve, just as they had been doing for 7 years.
He crowed and crowed about how well the market was doing under his watch - and then it tanked. And an 11-year bull market was over. ALL of the gains since Trump took over were wiped out.
Was that his fault? Of course not. POTUS has no control over what happens in the markets. But if you're going to claim credit for all the good things that happen, you have to own when things start going sideways - something Trump is totally unable to do. His basic pattern is the good stuff is me, the bad stuff is someone else.
He's not going to bring anything back because he's incapable of doing so. The economy will recover, but it will take a while, and it will recover despite his incompetence.
He was never a titan of business - that was a myth he sold as part of a reality TV show he needed to get him out of debt. The man drove 4 casinos to bankruptcy, one of them twice - and that's partially because they were competing against each other in the same city for the same customers. No American bank will lend him money. Does that sound like a successful businessman to you?
His sixth bankruptcy was a corporation he created to bring his resorts under the same umbrella. It IPOed at about $34/share and employees were encouraged to buy the stock. He loaded it up with debt so that he could recover his money on the other losses, and when it finally went belly-up, it was trading at pennies a share. Successful businessman? Con artist or grifter would be more accurate.
Don't believe what Donald Trump tells you about himself; believe the documented evidence. |
