Regarding the president or party and gas prices, or jobs, or the economy, or the stock market, or other such things, it is simplistic, misleading to others and perhaps even self-delusional to say a political entity (man or party) influences what the next economic indicator will be.
If you look at a long-term stock market chart, for example, and superimpose presidential terms over it, you will find no pattern that suggests the president's policies or a party being in power controls stock market outcomes. So too with oil prices or pretty much any other indicator people like to consider.
The economy is bigger than any president, or party, or even country. There are hundreds of cycles of various kinds always in play. There are hundreds of variables to consider when trying to grasp what is really going on. That's why I say it's simplistic, misleading and perhaps self-delusional to consider just one variable and one indicator and pretend there is a predictable cause-and-effect relationship between them.
Related: Just yesterday someone told me to be deeply concerned as a business owner now that the Democrats control the House, Senate and White House. Taxes will go up, he said. What he did not say, and what he obviously did not know (and is not open to hearing) was that our taxes have already gone up, and that was when the Trump-supporting Republicans controlled the White House, House and Senate.
It is simply not the case that one party is better for the economy than the other. A look at the recession/expansion chart with party control superimposed over the recession/expansion times demonstrates that.
Since this is thread dedicated to Trump topics, I invite readers to look at the number of jobs that existed when Trump took office and compare them to the number of jobs that exist now. You may be surprised by what you learn.
If you look at a long-term stock market chart, for example, and superimpose presidential terms over it, you will find no pattern that suggests the president's policies or a party being in power controls stock market outcomes. So too with oil prices or pretty much any other indicator people like to consider.
The economy is bigger than any president, or party, or even country. There are hundreds of cycles of various kinds always in play. There are hundreds of variables to consider when trying to grasp what is really going on. That's why I say it's simplistic, misleading and perhaps self-delusional to consider just one variable and one indicator and pretend there is a predictable cause-and-effect relationship between them.
Related: Just yesterday someone told me to be deeply concerned as a business owner now that the Democrats control the House, Senate and White House. Taxes will go up, he said. What he did not say, and what he obviously did not know (and is not open to hearing) was that our taxes have already gone up, and that was when the Trump-supporting Republicans controlled the White House, House and Senate.
It is simply not the case that one party is better for the economy than the other. A look at the recession/expansion chart with party control superimposed over the recession/expansion times demonstrates that.
Since this is thread dedicated to Trump topics, I invite readers to look at the number of jobs that existed when Trump took office and compare them to the number of jobs that exist now. You may be surprised by what you learn.
