Off-Topic: So let's give credit where credit is due
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Name:
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CRD
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Subject:
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So let's give credit where credit is due
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Date:
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1/4/2018 2:18:28 PM
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Presidents set policy and they can most certainly affect the stock market. Trumps proposed agenda at the beginning of his term concerning a tax overhaul, repeal of OCare and immigration created an optimistic environment for Wall Street. His getting tax reform accomplished has further fueled the market. Job creation is another matter. The last 5 months of Obama, 908K jobs were created. First 5 months of Trump, 868K jobs were created. This from Forbes. I would tend to agree that Trump has had no real effect on the jobs market per se to this point, however, once the corporate tax rate is in place, and monies begin to flow in from overseas, he will have every right to claim that his administation's policies have helped if wages improve and more higher paying jobs are created.
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