The economy and jobs situation has been on a gradual ten year uptick. Trump didn’t start it, and for almost three years he has not managed to halt or reverse it. But it looks as if his luck may be running out and his make-it-up-as-you-go-along approach to economics is likely to wreck it all.
Remember who wrecked it last time? Bush the Smaller. Pretty much his last act as President.
And who inherited that situation but reversed it? Barack Obama. It’s like a Greek Fates Cycle where one party runs us into the ground and the other is doomed to dig us out only to see it all happen again.
In fact, going all the way back to Eisenhower, there has been a consistent pattern of Republican ruination of the economy followed by Democratic restoration of same.
The one blip was the falling economy during the Carter administration. But hardly his fault. Who could have known that OPEC would manifest and create worldwide economic turmoil with the so called Arab Oil Embargo.
And incidentally, Reagan didn’t fix it. Or Bush the Larger.
Clinton did.
And somehow, Republicans have the reputation of fiscal responsibility and Democrats have been regarded as spending us into ruin.
And the only tax cut that ever actually improved our economy was the one initiated by John Kennedy.
Well.
The economy and jobs situation has been on a gradual ten year uptick. Trump didn’t start it, and for almost three years he has not managed to halt or reverse it. But it looks as if his luck may be running out and his make-it-up-as-you-go-along approach to economics is likely to wreck it all.
Remember who wrecked it last time? Bush the Smaller. Pretty much his last act as President.
And who inherited that situation but reversed it? Barack Obama. It’s like a Greek Fates Cycle where one party runs us into the ground and the other is doomed to dig us out only to see it all happen again.
In fact, going all the way back to Eisenhower, there has been a consistent pattern of Republican ruination of the economy followed by Democratic restoration of same.
The one blip was the falling economy during the Carter administration. But hardly his fault. Who could have known that OPEC would manifest and create worldwide economic turmoil with the so called Arab Oil Embargo.
And incidentally, Reagan didn’t fix it. Or Bush the Larger.
Clinton did.
And somehow, Republicans have the reputation of fiscal responsibility and Democrats have been regarded as spending us into ruin.
And the only tax cut that ever actually improved our economy was the one initiated by John Kennedy.