Not so fast one - Sm Posted: Aug 11th, 2019 - 5:51 pm In Reply to: Actually that is not a fact. Were you even here in the US - when Trump became President?
Obama definitely had more to overcome than Trump. Bush almost destroyed tge economy. And Trump inherited the upside.
In some key ways, the Donald Trump economy, on fire last year but slowing this year, is starting to resemble the one he inherited from his predecessor .
It wasn't supposed to be this way: The 2017 tax cut and aggressive moves toward deregulation were supposed to pull the U.S. economy out of its glacial move higher. That happened in 2018, but policymakers and Wall Street pros are growing increasingly fearful that a slowdown if not outright recession is on the horizon, and the Fed is being asked again to ride to the rescue.
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