Expectations for #Trump are mostly fueled by Trump himself. And yes, they are most likely way too high. Reagan and Obama came in as the economy bottomed. #Reagan did better as #Obama got sidetracked by #Obamacare and then the Republicans took the house and wouldn't let him do anything. Moral to that story is do something when you have the votes. Trump has the votes but maybe not the economy with which to achieve much more.
#Reagan was a spender. #Trump may shrink GDP with a trade war. And companies are awash with cash. Tax cuts will not spur a whole lot of investment if companies are only interested in holding cash because they fear the financial system. Trump may spur a few new factories but port business will slow as a result. The factories will pay poorly and high paying port jobs may diminish.
Are Expectations Too High For Trump?
Expectations for #Trump are mostly fueled by Trump himself. And yes, they are most likely way too high. Reagan and Obama came in as the economy bottomed. #Reagan did better as #Obama got sidetracked by #Obamacare and then the Republicans took the house and wouldn't let him do anything. Moral to that story is do something when you have the votes. Trump has the votes but maybe not the economy with which to achieve much more.
Trump Markets and The Future
#Reagan was a spender. #Trump may shrink GDP with a trade war. And companies are awash with cash. Tax cuts will not spur a whole lot of investment if companies are only interested in holding cash because they fear the financial system. Trump may spur a few new factories but port business will slow as a result. The factories will pay poorly and high paying port jobs may diminish.