• Trump101

    From billv@21:1/5 to All on Tue Aug 20 13:16:04 2019
    The essence of every economic boom such as the one currently managed by
    Donald Trump is that they always have an end. Nothing lasts forever. So
    to create this boom, didn't Trump simply make all conditions for
    business more favorable than they had been? Predictably, there is no way
    to maintain this condition forever.

    Don't forget, politics is actually part and parcel of any economy so the
    limit on Trump's ability to maintain the current regime of business
    conditions has a term limit as does Trump himself, he's no youngster
    after all. Do you think our VP could maintain the boom should something unthinkable happen to Trump? When Eisenhower had a stroke, Mamie managed
    things quite well, but then the hallmark of the Eisenhower
    administration was pretty much a hands off thing, easily continued by
    Mamie. Heck, if you managed to meld the brainpower of Biden, Pence, and
    Nancy you wouldn't have enough to successfully manage things to keep the
    boom going.

    So, if The Donald is lucky the end of his run is 2024 with a strong
    likelihood that his replacement won't have any economic magic at all.

    Does that mean that it will all come crashing down similar to 1929?

    Not necessarily. But as an infrequent bettor that is one of the few
    things I'd put serious money on because I am a strong believer that in
    the end, everything averages out. My best guess/prediction is that Trump
    can parlay this boom till the end of his second term but it will end
    shortly afterwards with no realistic foreseeable way to manage it going forward. Until the next time someone who understands the economy and
    doesn't have and ideological axe to grind wrests power to get it done.

    Now that, history demonstrates, is a very rare thing.

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