Monday, August 13, 2018

Trump Log #56: It Is Not the Economy, Stupid!

It is unfortunately that some people use the economy as a barometer to measure a President's performance. In America, Presidents have little affect on the economy. They can shift priorities, spend on roads or over defense, on schools over banking reform, etc. But overall, Presidents are usually only along for the ride. Economies are cyclical. I hear people say they like President Clinton because the economy was a boom when he was in office. But the economic boom during the 1990's had little to do with him. He just happened to be in office during the dot-com boom. I hear people dislike Obama because of the economy sucked when he was in office, but he inherited a global banking crisis that had little to do with him. His administration helped with the recovery a little, he could have done more, but mostly, it just needed time to recover.

You think Trump is doing a good job because the economy is recovering? I think you should reconsider. It is finally recovering from the global banking crisis that started in the W. Bush days. It is recovering in spite of Trump not because of him. It would be doing a lot better if it were not for his tariffs and his unpredictability. There was a spike in the economy in recent days, which is a great thing, but this is because firms were rushing to buy from their suppliers before the tariffs became official. How will the economy react to the tariffs? No one expects it to be good. Hopefully, they blame him for the bad economy when it happens.

People will vote based on the economy no matter what anyone says. So what should you consider when voting for President if not the economy?  Everything else.

Monday August 6: When President Trump gets criticized by a black person, he always retaliates by attacking their intelligence. This is consistent with the Candidate Trump who retweeted white supremacy groups multiple times during his campaign. (Source: Washington Post)

Tuesday August 7: When you testify before Trump's School Safety Commission, you will be asked not to talk about gun control. (Source: LA Times)

Wednesday August 8: Trump stands to save a lot of money from the latest tax cut that he is proposing. (Source: New York Times)

Thursday, August 9: Make America great again! How? Asbestos, of course. (Source: Washington Post)

Friday, August 10: VP Pence will be unveiling the details of Trump's new Space Force, the first new branch of the military in 70 years. It isn't needed, most of the Pentagon is against it and it introduces another huge bureaucracy into our Federal Government. The Republicans have really jumped the shark on this "small government" thing. (Source: Washington Post)

Saturday, August 11: In Trump's meeting with North Korea two months ago, we received no official agreement from them. So would you believe that they are asking for more now? (Source: New York Times).

Sunday, August 12: Trump is extremely unpopular in California. He lost the state by over 4 million votes and the state government has filed 29 lawsuits against his administration. Now that they are in need of funding for recovery for forest fires, he is retaliating. This type of political pettiness is unheard of among Presidents ... until now. (Source: Slate)

Prior Trump Logs:
Issue # 1 - posted November 15th, 2016
Issue # 2 - posted November 22nd, 2016
Issue # 3 - posted November 29th, 2016
Issue # 4 - posted December 6, 2016
Issue # 5 - posted December 12, 2016
Issue # 6 - posted December 19, 2016
Issue # 7 - posted December 26, 2016
Issue # 8 - posted January 3, 2017
Issue # 9 - posted January 10, 2017
Issue #10 - posted January 17, 2017
Issue #11 - posted January 24, 2017
Issue #12 - posted January 31, 2017
Issue #13 - posted February 7, 2017
Issue #14 - posted February 14, 2017
Issue #15 - posted February 21, 2017
Issue #16 - posted February 28, 2017
Issue #17 - posted March 7, 2017
Issue #18 - posted March 14, 2017
Issue #19 - posted March 21, 2017
Issue #20 - posted March 28, 2017
Issue #21 - posted April 5, 2017
Issue #22 - posted April 11, 2017
Issue #23 - posted April 18, 2017
Issue #24 - posted April 25, 2017
Issue #25 - posted May 2, 2017
Issue #26 - posted May 9, 2017
Issue #27 - posted May 16, 2017
Issue #28 - posted May 23, 2017
Issue #29 - posted May 30, 2017
Issue #30 - posted June 6, 2017
Issue #31 - posted June 13, 2017
Issue #32 - posted June 20, 2017
Issue #33 - posted June 27, 2017
Issue #34 - posted March 12, 2018
Issue #35 - posted March 19, 2018
Issue #36 - posted March 26, 2018
Issue #37 - posted April 1, 2018
Issue #38 - posted April 8, 2018
Issue #39 - posted April 15, 2018
Issue #40 - posted April 22, 2018
Issue #41 - posted April 29, 2018
Issue #42 - posted May 6, 2018
Issue #43 - posted May 13, 2018
Issue #44 - posted May 20, 2018
Issue #45 - posted May 27, 2018
Issue #46 - posted June 3, 2018
Issue #47 - posted June 10, 2018
Issue #48 - posted June 17, 2018
Issue #49 - posted June 24, 2018
Issue #50 - posted July 1, 2018
Issue #51 - posted July 8, 2018
Issue #52 - posted July 15, 2018
Issue #53 - posted July 22, 2018
Issue #54 - posted July 29, 2018
Issue #55 - posted August 5, 2018

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