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 Originally Posted by BananaStand
It was never necessary. And it didn't do anything it was supposed to do. Obama presided over the slowest, most pathetic economic recovery ever.
Well without a control group that conclusion is unfounded. Historically, gov't spending is the best way out of a recession.
Originally Posted by BananaStand
Trump gets elected and two days later the Dow hits 20K and unemployment evaporates.
Yeah, the economy went from pathetic to miraculous overnight lol. Let's try that again.
The economy has been on the same basic trajectory since about 2010. It may have gotten a boost from the tax cuts stuff, but that's effectively increasing gov't spending to stimulate the economy, just like Obama did. And it was already doing fine, it didn't even need it.
Originally Posted by BananaStand
That should tell you what the market really thinks about 'tax and spend' democrats.
Again, same trajectory as before but with a slight stimulus owing to the tax cuts to the rich.
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