Re:Say Hello to Full Employment
by skookumchuck on Saturday July 07, 2018 @04:06PM
(#17480267)
The market went flat the year after Obama's big tax increase.
The market started rising promptly after Trump's election, presumably in anticipation of the coming tax cut.
It's worth noting I do blame Obama era policies for wage and working condition stagnation/deterioration, which is the thing I actually care about (gdp and unemployment numbers are basically pointless if people who have jobs are living in third world conditions). That said, I have zero hope that the current administrations policies will reverse that trend in any way.