/----/ "I hated his corporate tax cuts. "I have said before- Presidents get too much blame for bad economies, and too much credit for good ones.
With that in mind I would give Trump a B- on the economy.
I hated his corporate tax cuts. Companies were not hurting for money to expand like they were when Reagan used them to pull the economy out of the Carter Malaise. Too much of the money went to stock buybacks rather than expansion and job growth.
I like his efforts to reduce onerous government regulations on small businesses.
We are WAAAY overdue for a recession, and IMO there is a 50/50 chance we will see recession before November, so if you’re hitching you’re re-election to the economy and or stock market, a recession just months before the election would be very inconvenient.
So you like paying more for stuff because you know corporations pass taxes on to the consumer in the form of higher prices. And corporate taxes fuel inflation.
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Was there a corresponding drop in prices after the corporate tax cuts?
There was corresponding wage and job growth. As far as a drop in prices, I would say wage growth outpacing the inflation rate is essentially the same thing. Given that we were told that tariffs would be passed on to the American people, pretty astounding that our inflation rate has remained low.
Nominal Wage Tracker
Your link literally describes central banking as the pivotal point of economic stability
while they remain the biggest culprit of it's demise
~S~