Hillary herself told us where it would take us, she campaigned on raising
Corp taxes. Tough to argue Corp tax cuts are pro-growth (which they are) and that we would've just continued on the same trend line with higher Corp rates (or at bare minimum the old Corp rates).
As for the tariffs, as critical of them as I've been, we also have to recognize this is Trump. Threaten and impose tariffs, claim you're ok if we don't have a deal until after 2020, etc. I don't disagree that the tariffs have been a headwind to our economy. As disheartening as this morning's report (and many other data points over the last three years) was for Bill Maher and his cohorts here holding out hope for a recession to finally "get Trump" and spare them 4 more years, imagine what they would've been without these trade wars. If you're going to have to go through some short term pain to get to a better playing field with China (and others) going forward, I can't imagine a much better, or less painful, time to do it than right now.
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In response to this post by hoolstoptheheels)
Posted: 12/06/2019 at 12:32PM