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			| Greedy,Greedy,Greedy | 10-23-2018 03:21 PM |  
 Re: We are all Slave now.
 
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					Originally Posted by sebastian_dangerfield
					(Post 518857)
				 Actually, your own graph shows the economy slowing pre-Trump.  
 And given how fast you replied, you read 0% of what I sent.
 
 |  I think it's pretty clear what happens in the first two years of Trump.  First, he inherits a pretty strong economy, but also one tiring near the end of the cycle.  He gets the benefit of some initial exuberance, especially from investors who are hopeful he's going to do what they want.  Then he gets sugar highs into the economy from two sources: first, a tax cut that puts a couple trillion dollars in the hands of corporations and wealthy individuals, something that won't have a long term effect but does put some money out there, and second, a bunch of economic shifts that occur in anticipation of a trade war - things like the Chinese stocking up on soy just before the tariffs hit (and that series of purchases added nearly a full percent to GDP in a single quarter).  
 
Unfortunately, besides these just being sugar highs, we're also seeing the slow gutting of the jobs created by the ACA, hitting on a state-by-state basis.  
 
So, in the second two years, he has to move from sugar highs to coke highs or he has to deal with some of the inevitable retrenching, like post-Brownback Kansas.  Guess which one he is going to go for? |