LogFAQs > #910324743

knivesX2004 posted...

OhhhJa posted...

Well according to the left the current economy is still a result of Obama's policies

It's still incredibly high.
It is because of Obama that Trump can piss away 800 points a DAY and hopefully we don't all die.

Well, despite what I think is way too much credit given to Obama for making the economy "great" (even though it really hasn't been while he was in office nor since trump has been in office) the economy is bound to take a hit with the ongoing trade war with China. Companies are bound to have trouble when you attack their ability to take advantage of cheap overseas slave labor. They still are of course but the incentive is not so great. The problem is the incentive is still solid enough to keep the business overseas despite less profit (and then the lack of profit unfortunately is put off onto the American consumer). Another issue is also that the stock market and even unemployment percentages alone are pretty piss poor representations of the success of the average american since it leaves out so many other factors