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BeckyDem

(8,361 posts)
Thu Oct 18, 2018, 07:08 PM Oct 2018

Please spread around before election day: Robert Reich: The Truth About Trump's 'Booming' Economy

There’s a myth going around that Trump is presiding over a great economy.

As White House economic adviser Larry Kudlow recently put it, “The single biggest story this year is an economic boom that is durable and lasting.”

Really? Look at the living standards of most Americans, and you get a very different picture.

Yes, the stock market has boomed since Trump became president. But it’s looking increasingly wobbly as Trump’s trade wars take a toll.

Over 80 percent of the stock market is owned by the richest 10 percent of Americans anyway, so most Americans never got much out of Trump’s market boom to begin with.

https://www.newsweek.com/robert-reich-truth-about-trumps-booming-economy-opinion-1169901

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Please spread around before election day: Robert Reich: The Truth About Trump's 'Booming' Economy (Original Post) BeckyDem Oct 2018 OP
K&R, It's the usual Republican stock market Spike uponit7771 Oct 2018 #1
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