Wednesday, November 9, 2016


In view of the overnight drop in the futures market, reacting to the Trump election,, the Wall Street Journal has come up with a preemptive blame shift with an editorial saying, "Obama's fiscal luck is about to run out".  What Obama accomplished was just luck and anything bad that happens is just a matter of luck and not Trump's future fiscal policies. 

The last President with an MBA, George W. Bush, a Republican with an unbroken series of one disaster after another, could blame his predecessor, Clinton for his problems, despite inheriting a fairly robust economy that had a budget surplus

Trump will have Obama to blame everything on, with the knowledge that, if he screws up the economy bad enough to require help, he can always pass the baton to a Democrat to straighten out the mess, again.   

1 comment:

  1. Or ... &

    Yes, I am incessant.