You are viewing a single comment's thread from:

RE: China is losing the Trade War and are now Punishing Trump Voters! The Global Trade War Escalates

in #news6 years ago (edited)

If Washington spending doesn't slow or go in the opposite direction, the tax cuts won't really be felt too much as cost of living continues to go up. That, along with keeping interest rates low moves us down the same path. So I haven't bought into the "Trump Economy" too much, as the high of the DOW is just a bubble with terrible fundamentals.

David Stockman's book lays this out perfectly. Along with the idea of the net gain of "bread-winner jobs" since the turn of century being shockingly low.

That all being said, Trump's killing it with the trade war. Not a fan of tariffs or centralized economics, but he is shattering the plan to hand over American industry to a Communist nation.

Coin Marketplace

STEEM 0.17
TRX 0.15
JST 0.028
BTC 62685.52
ETH 2436.42
USDT 1.00
SBD 2.51