posted by Dr Winston O'Boogie
I agree that tax policy and regulations have an effect. The overall health of the economy - however you want to measure it, though is affected by lots of things beyond just those two factors. What got me posting on this is the example of QO linking articles to large capital projects - namely new plants. Those types of investments - hundreds of millions of billions of dollars - are planned and made over many years, not as a reaction of to a new policy announcement alone.
I do not say the president has no effect on the economy. But he or she does not cause new mines or billion dollar plants to be announced with that level of immediacy. That's not against Trump or Obama or anyone else. The president does not "run" the economy - that is a way to simple way of seeing it.
Yeah it takes years for these companies to pull the trigger when the time is right. Trump has made that time right. If Hiliary was Prez they wouldnt be happening. Thanks for making my point.