Brain357
Platinum Member
- Mar 30, 2013
- 37,068
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But trump cut taxes, eliminated regulation, is spending like we are in a recession...Well steel industry doing poorly. Manufacturing doing poorly. Economy only has 2% growth. Labor force participation rate low. Market is stagnant. Yeah lots of indicators really.Sure have.Trump tariffs don’t work.
Have you ever heard of the Business Cycle?
So, the business cycle is the economy going though regular up and downs,
anyone that would cite a normal downturn or even less reasonably, any random piece of negative economic news as "proof" that a specific economic policy is "not working",
is either utterly ignorant or lying.
Indicators of a business cycle that might be reached a turning point.
Average length of an expansion is 59 months.
This one is a new record at 121 months and counting.
Anyone that would cite an economic expansion ending at 121 months as proof of a failed economic policy,
is lying.