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The triumph of Trumpism will outlast Trump

m.knox

Well-Known Member
Gold Member
Aug 20, 2003
126,731
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Is there anything that will draw the ire of the left than a glowing article on President Trump?

I'm surprised they nuts haven't burned this place down already....

https://www.ocregister.com/2018/08/25/the-triumph-of-trumpism-will-outlast-trump/

The economic equation

Trump’s biggest triumph has been the economy. Despite repeated tales of how tariffs are destroying manufacturers, the turnaround in the industrial sector, going negative in the last year of President Obama’s term, is enjoying its best growth since the mid-1990s. Even retail, a big employer of blue-collar workers, has expanded. Critically, incomes finally are up for the lower deciles of the labor force, including youth.

There’s nothing that guarantees this recovery will continue, but Trump can boast that he has accomplished things that Obama failed to deliver in his eight years of office. Democrats might mutter that renewed growth has come from regulatory reforms and big corporate tax breaks, but that’s making The Donald’s point: A continuance of Obama-style economic and regulatory policy would have failed most Americans outside of his Wall Street and Silicon Valley bankrollers.

Trump has also benefited those geographies that supported him. Under Obama, economic progress focused largely on high-tech, increasingly post-industrial states like California, New York and Massachusetts. Now, with the industrial and energy sectors rebounding, some of the fastest income growth, notes the federal Bureau of Economic Analysis, is taking place in Texas, the southeast, parts of the Midwest and the mountain states. The very places that elected him.

Near the bottom of the totem pole? New York and California, bastions of the “resistance.”
 
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