Originally Posted by Owain
Obama had eight years to show progress and failed. Trump is elected, changes policy, eliminates much of the excessive regulatory structure that choked the economy, and the economy responds positively.


Economy should be visualized as Titanic. You can turn wheel all the way, but it takes long time to change course. Even if you think that Trump steering in the right direction, it is too early to see anything but very minor changes. The ship could only turn that fast.

Also, what exactly what do you think constitutes "eliminates much of the excessive regulatory structure" is? He didn't even finish getting his nominees in. At best, if you are extremely charitable, you can credit him with initiating the process of rolling back regulations.

Last but not least, Obama failed at many things. Economy isn't one of them. At least with traditional definition - employment % and stock markets. Wages continue to stagnate, but that was true since even before Reagan.


[Linked Image]