Post
Topic
Board Economics
Re: Is President Trump good or bad for the economy?
by
rickadone
on 16/08/2018, 12:08:35 UTC
Like any president, Trump is taking credit for good economic news. his highlighted rising stocks and falling unemployment. But Trump also, famously, regards trade deficits as a sign of economic weakness.

he's doing better than his opponents will admit and worse than his supporters believe.
Single individuals usually do not affect the market all by themselves. However trump... trump is different, if we are talking about bitcoin economy, he may be mediocre, nothing huge, not a game changer, whatever he does will not affect the bitcoin and crypto economy that deeply. However if we are talking about USA economy and World economy that is a real pickle. He has once again as all republican and rich presidents have done eased the taxes on rich. Which in return should be applied for them to spend more and pay more and create an economy downwards. This has always been a short term answer to republican way. However I doubt it will be a long term success because it always fires back. When that happens, yeees bitcoin.