Trump has been coasting on the Obama recovery, after Obama inherited record deficits, record unemployment in recent decades, an economy in free fall and rapidly increasing monthly job losses (from a president [Dubya Bush] who had inherited a record budget SURPLUS, peace and prosperity from HIS predecessor [Clinton]) and turned them into record capital and investment market highs, a record for consecutive monthly job gains, and low unemployment. And now Trump, after coasting for so long, is finally seeing the results of his economic failures on trade (tariffs), tax policy, etc., as all those indices are beginning to slow down. How long before we see Trump do what so many other RepubliCONs have done? So far Trump is on pace to do it faster than any other RepubliCON collapse of Democratic peace and prosperity.
Budget deficit up.
Trade deficit up.
Unemployment ticked slightly upward.
New jobs report was 1/9 of what was anticipated.
Trump has been coasting on the Obama recovery, after Obama inherited record deficits, record unemployment in recent decades, an economy in free fall and rapidly increasing monthly job losses (from a president [Dubya Bush] who had inherited a record budget SURPLUS, peace and prosperity from HIS predecessor [Clinton]) and turned them into record capital and investment market highs, a record for consecutive monthly job gains, and low unemployment. And now Trump, after coasting for so long, is finally seeing the results of his economic failures on trade (tariffs), tax policy, etc., as all those indices are beginning to slow down. How long before we see Trump do what so many other RepubliCONs have done? So far Trump is on pace to do it faster than any other RepubliCON collapse of Democratic peace and prosperity.