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re: So NOW it's Trump's economy, according to the MSM.
Posted on 2/5/18 at 4:10 pm to Mudminnow
Posted on 2/5/18 at 4:10 pm to Mudminnow
quote:
Just like this board assumed everything that bush did for the recession was Obama's fault the moment he took office.
Nobody did that.
Everyone with a brain blamed the crash and recession on the banks running a Ponzi Scheme with Fannie and Freddie over the housing market.
If anything, we blamed the crash and recession on Chris Dodd and Barney Frank.
Obama is blamed for the inflation bubble he created by doing $5 trillion in QE Stimulus while not correspondingly raising inflation/interest rates to match it.
What happened Friday and today is a direct result of the fear of inflation.
Yes, the economy is doing so freaking well, that people are afraid The Fed Reserve will hike up inflation/interest rates drastically... because the economy is doing well enough to absorb it.
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