stock market

If Trump talks bull, he needs to beware the bear

Editors, Washington Examiner

Good news is plain good news for most people who are working, looking for work, or running businesses. It probably won’t be bad news much longer for investors, either, as wealth is created and more money is thus injected into the national economy. What Trump has discovered is the tactical need for humility in this area. When a president takes credit for the unpredictable ebbs and swells of the stock market, he has to accept blame as well. And presidents, in reality, have very little business taking either credit or blame.

Should Trump Receive Credit for Surging Stock Prices?

Daniel Mitchell, CNS News

In my humble opinion, politicians (at least the ones who support good policy on net, and I still don’t know whether Trump is in this category) should argue for good policy because that will lead to higher per-capita income over time. And they also should say, in the interests of accuracy, that it generally takes time to see good results. Consider the lesson of the Reagan years.