Saturday, June 2, 2018

Obama: "I have set the economy up well." Did he?

Well, did he? Obama had done the wrong things: higher taxes, more regulations and several agreements that were aimed at cutting America down in size. Yet, Obama unwittingly did contribute to the success of the Trump economy.
 
How?
 
Obama wanted to do things that did not have the support of the Country or its representatives. So, he did them by EXECUTIVE ORDERS. Pres Trump overturned those harmful executive orders of Obama and issued orders of his own to cut down the negative effects of regulations and to free up industry after industry to grow. The timid GOP could never have done it if economic growth depended on Republican legislation. The GOP could not even remove the straight jacket of Obamacare, though removing the MANDATE, set the stage for employment growth.
 
So, Obama's boast that he 'set the economy up well' is true in a negative sense: Trump knew what did not work and knew what to remove.
 
 

No comments:

Post a Comment