Anon Archived The Fed Enabled a Record Expansion. Trump Is Taking Credit. (nytimes.com)
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Anon Archived The Fed Enabled a Record Expansion. Trump Is Taking Credit. (nytimes.com)
submitted ago by 4018379?
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https://dontvis.it/https://www.nytimes.com/2020/09/08/business/economy/trump-economy-fed.html :
'Trump’s story line about his economic track record, particularly what he showcased during his Republican National Convention speech last month, leaves out a crucial detail. '
'Trump from laying claim to the successes of the 2018 and 2019 job market. '
'The Trump administration’s tax cuts and higher government spending temporarily nudged the economy, but the trade wars cooled it off, so the administration’s track record was mixed. '
'Lucky timing and a patient Federal Reserve were pivotal in driving the strong labor market of the late 2010s, economists said. '
' Trump nominated in late 2017 and then spent more than a year attacking on Twitter and in speeches. '
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