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.
--- SoupGate-Win32 v1.05
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