I can see your side but as he assembled some of the best minds from Wall Street for insight It led to a period of wealth creation for many. What I meant from the old boy network was the previous Bush and Obama admins. Egotist yes and became his eventually downfall.
With the presidential election less than a week away, Americans are weighing the two presidential candidates and choosing which is best for the country over the next four years --if they haven't already voted.One way they can do that is by looking back on the first term of President Donald Trump...
finance.yahoo.com
As per the above: In his eight years in office, U.S. GDP growth averaged 1.62% under Obama, about 70% higher than Trump’s growth rate.
Here’s a look at average GDP growth rates under the last six U.S. presidents:
- Jimmy Carter (D): 3.25%
- Ronald Reagan (R): 3.48%
- George H.W. Bush (R): 2.25%
- Bill Clinton (D): 3.88%
- George W. Bush (R): 2.2%
- Barack Obama (D): 1.62%
- Donald Trump (R): 0.95%
In his first four years in office, Trump has had by far the lowest average U.S. GDP growth rate of any of the last seven U.S. presidents.
Like everything else with Trump, his "success" is a myth. Rulers used to distract with bread and circuses. With Trump, it's only a circus.
Here's a BBC article giving a broader take:
President Trump claims he has been responsible for the strongest US economy ever. What do the numbers show?
www.bbc.com
He piggy-backed on Obama's work, claimed any success for himself, and blamed his predecessor for any problems. I'm amazed anybody still falls for this nonsense.
If Trump has been successful for anybody, it is in lowering taxes for rich white people. Poor white people love to delude themselves they can take the crumbs from that table - if only they can reinforce that table.