03-30-2020, 05:45 PM
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Paul Gruszka aka P Diddy, Cambo, Fluke, Jagr, PG13, Bon Jokey, Paulie Walnuts
Pa.ul Grus.zka
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Join Date: Jul 2010
Location: Over by there
Posts: 4,931
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Quote:
Originally Posted by japhi
Considering he took all the credit for the increases in the dow and SP 500 - which were on a 7 year bull run when he was sworn in - I think he needs to own those indexes now.
I think he also needs to take ownership of the debt he piled on the past 4 years. Close to 1 trillion per year deficits in the best of times - classic case of not saving for a rainy day - and because od that his 2020 debt is going to be epic, 2-4T.
So ya, he owns the economy good or bad. As of today his legacy is the indexes at same levels he was sworn in at, and 3 trillion in new debt. By end of year he is likely looking at worst spike of unemployment since the great depression and 4-6 trillion in new debt.
His legacy IMO is going to be brutal.
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Let's revisit in 4-1/2 years when he's no longer President.
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