Bloomberg op-ed: "Trump’s Economy Really Was Better Than Obama’s"

By artappraiser on Sat, 11/14/2020 - 2:08pm |

The best thing about the pre-COVID economy under Trump wasn’t GDP growth or job growth, which largely followed the Obama trend, but stronger wage growth at the bottom of the income spectrum. The tighter labor market did a lot. https://t.co/vlnHdGweJt
— Josh Barro (@jbarro) November 14, 2020

URL:

https://www.bloomberg.com/opinion/articles/2020-10-30/trump-s-economy-really-was-better-than-obama-s

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the op-ed is by Karl W. Smith

relates to Karl W. Smith Karl W. Smith is a Bloomberg Opinion columnist. He was formerly vice president for federal policy at the Tax Foundation and assistant professor of economics at the University of North Carolina. He is also co-founder of the economics blog Modeled Behavior.

Josh Barro is Host of KCRW's Left, Right & Center. Cohost w/ @popehat of All the President's Lawyers. Columnist for Business Insider starting 12/14.

Y'all know who Andrew Sullivan is.

by artappraiser on Sat, 11/14/2020 - 2:14pm

Correlation is not causation. The article contains no evidence or even an attempt at a convincing argument that Trump's policies are the reason for the good things Smith sees. It may or may not be true but I'd need more than just x and y happened at the same time. I need an explanation why x led to y.

by ocean-kat on Sat, 11/14/2020 - 2:22pm

Trump takes credit for what ppl see as good, blames others for what's failing. Now, what created this payday bonanza just in time? Was it just finally recovering from Bush's demolition job after 8 years, or something more profound?

by PeraclesPlease on Sat, 11/14/2020 - 3:12pm

Bloomberg op-ed: "Trump’s Economy Really Was Better Than Obama’s"

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