This record run is what scares me. It has been going for the past 8 years. This correction is going to be…ugly.
Its only politics that Trump would take full credit. If he can keep it going, with the GOP firmly (for now) in power, then he can take some credit. Even Bush can take some credit, but Obama deserves credit for feeding it and keeping it going.
This manufacturing miracle he speaks of, I have no faith in that. It would lead to a trade war, and I do not see how his supporters could be for it, he being a free-market capitalist and all. I mean, government tariffs on goods? Sounds like one step from a command economy to me.
“Other nations do it, why shouldn’t we?” they will say. Other nations (ie, Germany) have health insurance and huge social net for their citizens, why shouldn’t we?