Media Says 'Gambling' Trump Got Lucky On The Economy
Summary
Recent media coverage, particularly a Politico piece, frames Donald Trump’s economic performance as a result of fortunate timing rather than effective policy. Despite implementing potentially damaging policies like tariffs, reduced immigration, and pressure on the Federal Reserve, the U.S. economy has remained resilient. Predictions of economic downturns following these actions have consistently failed to materialize, with inflation decreasing and housing costs becoming more affordable. The article highlights the media’s reluctance to credit the Trump administration, instead suggesting he is simply “getting away with it,” and that the economy is doing well *in spite* of his policies. While acknowledging the positive impact of GOP tax cuts and deregulation, the author contends these are merely lucky outcomes rather than evidence of successful economic stewardship. Ultimately, the piece suggests the U.S. economy is a robust consumer-driven force difficult to significantly impact, even by disruptive policies.
(Source:Zerohedge)