What deal?
"Trump announces 'understanding' on U.S.-Mexico trade"
https://www.axios.com/nafta-us-mexi...ump-5359f85f-a1b2-4a1f-a2fc-582c337631bb.html
There is no deal. And given Trump's track record thus far, there will never be a deal. But you Trumpies should go ahead an celebrate. It'll make your misery more satisfying.
Obama already made America great, now you are boy is trying to take credit while blowing up the deficit and still falling short.
Please refresh my memory for me: Which US President had the benefit of 3 QE’s where the Fed balance sheet was expanded by trillions, TARP which included expanded US Government guarentees, near 0% interest rates, and a $750 billion stimulus package that included a bailout for a foreign based toy company?
Which US President was able to continue to grow employment and see more record highs in US equities in spite of less slack in the labor market, much higher short and long term interest rates, a stronger dollar, Fed reducing liquidity, and trade tensions over much needed renegotiations?
It doesn’t make sense to you, right?
The key ingredients to continued economic expansion and stock markets gains post Obama is tax cuts, the promise of reduced regulation, and focus on negotiating trade deals to make them more fair. Fairer trade agreements can mean increased domestic manufacturing if it done right.
The following concept is really simple: If you create a friendly business environment, businesses will be encouraged to take risks by starting new business ventures or expanding their current operations.
US citizens then get the benefit of higher employment rate, greater potential national security through less reliance on foreign manufactured goods, and tax revenues.
Even the quality of employment gains under Trump is better than under Obama. Obama expanded Government jobs and helped create opportunities for new businesses that provided goods and services related to increased US Government regulations.
Under Trump, we are getting more manufacturing and related supporting business and employment which provides a sound, sustainable economic base. Useful products and worthwhile jobs are being created under Trump, unlike, to some extent, under Obama.
If you don’t like this post, please feel free to start another couple of threads on the same subject, like you did before.