No president can be given credit for all the good luck on his watch without having to take some of the blame for the bad luck as well. With the possible exception of Donald J. Trump.
None of Trump’s policies transformed the U.S. economy in any long-lasting way. The tax cut gave the economy a brief jolt, and his trade wars have been a complete flop. Exposed the rot The pandemic exposed the rot in the U.S. economy for all to see. As has been the case for decades, those who have wealth or education or privilege are doing fine, for the most part. With a few exceptions, the pandemic has been nuisance, but not a catastrophe.
The greatest economy ever would keep people safe from disease and violence and homelessness. The greatest economy in history wouldn’t have an epidemic of “deaths of despair.” The greatest economy in history wouldn’t judge itself by a stock market SPX, +1.61% whose gains accrue almost exclusively to the richest 10% of families and which reflect in large measure the fortunes of just six companies—Facebook FB, +0.78%, Apple AAPL, +2.38%, Amazon AMZN, +2.55%, Google GOOG, +1.35% GOOGL, +1.36%, Microsoft MSFT, +0.78% and Netflix NFLX, +1.60% —that employ relatively few workers.
Trump promised to fix it all. In fact, he said he was the only one who could fix it. He didn’t fix it. But he thinks that if he just repeats the lie often enough, his supporters will believe that he did.
A sad reflection on America that it’s people can only drag up such an unprofessional as president! Look at Canada and 1/5 population and they have a young professional hand at the wheel! Is this the start of the great USA downfall long predicted!
'Good luck'?! Incredible MW! Millions of people working, thinking, toilling is 'luck'! You have lost your leftist minds!
Son sorry but we believe in analytics here . Sounds like this was written be a day trader with his head is his ass
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Fact: realDonaldTrump beating CrookedHillary was the BEST LUCK for Americans... Trump2020 MAGA2020 DemocratsHateAmerica DemocratsAreCorrupt DemocratsCheat
I’d not fully agree with this. Think he did a pretty good job with demonstrating to China that Trading hegemony couldn’t last forever. Liked that he doesn’t compromise and get engaged in endless small talks but get things done which is not usual for politicians.
No it benefited from resuscitating the manufacturing sector, replacing dumb and harmful trade agreement and from safeguarding the local market against chinese, government subsidized competition destroying local business- all of which buoyed confidence and drove the stock markets.
Someone sounds bought, biased, and has 0 hard evidence. Before y’all start harping on me, IM A DEMOCRAT, however I posses independent thought and come to my own opinions.
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Who writes this nonsense ?
Stardusty0407 How much did you guys get paid to be part of the Democrat propaganda blitz today? And who paid? Was it actually Dems or was it Never Trumpers?
Good luck? Democratic policies stopped an economic collapse and set in motion the longest continual string of job gains in our history. There wasn’t a mass sell off due to the huge tax give away to the rich only because of massive stock buybacks. Wasn’t luck.
such a shitty piece writing about 'luck' on an economy... is the writer an astrologer or what?
It’s hilarious that I can’t even follow a fucking market watch account on twitter without them being completely politcal and false. If systemic racism is a problem then the party that control the education system, the media, Hollywood, and all the major systems are to blame
Trump had benefitted from the great job the Obama Presidency and Fed Reserve had invested in from 2009 to 2016. Like fruit trees, the economy takes a while to provide the fruits of policies. Trump has no single achievement to claim credit for.
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How can you seriously continuously only rail Trump... if you have any one job it’s to.. watch the.. market Which has been his shining star. Just keep giving us Jim Gaffigan’s opinion until the end of time I guess. Lowest black and Hispanic and in general unemployment ever.
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Lies.
If Trumps economy was good luck then so was Obama’s.
Obviously based on the way he runs his businesses.... I would say we are seeing the effects of his leadership this year as we are resembling his failed business efforts.
MarketWatch pushing the anti-Trump propaganda. MarketWatch is Pravda.
So then Obama’s dismal performance was bad luck instead of liberal ineptitude and regulatory strangulation? LibsAreUseless
Lol. Ridic. You guys have become a laughingstock.
My god please stop the TDS, I follow you for market news. How about the peace in the Middle East? No more ISIS, no NK nuke tests, stopping human trafficking, and the list goes on and on and on
Trump2020
Get ready for more for 4 more years of “good luck”
Of course...you would never give any actual credit to POTUS
Problem is Trumpism is a racist religious cult so it doesn't matter to cultist
where did they dig this RexNutting clown up? the guy is so blinded by his TDS that he can't even recognize the accomplishments going on around him daily. is crap
What a piece of crap news report this is! Stop with the fake news!
Total bullshit.
Trump loosening all stranglehold regulations on Corporate America and cutting income taxes is called luck ?
Good Luck 🍀 or Not a career politician who’s bought or bribed?
MarketWatch is really scraping the bottom of the barrel with this one.
Rex has an opinion. It is fraught with inaccuracies. Thanks for sharing. MarketWatch has become the VIEW of financial publications. Devoid of value.
Vinks_O_7 How people can look at the facts and think Trump has been anything other than the worse president in modern American history, and possibly the worst ever, is beyond me! But then again, a non-trivial percentage of the population still believe the earth is flat.
When all else fails - luck. Seriously can’t give a man credit where it’s due. It’s that hard?
Lol, yeah right, Karen. 😝
MarketWatch is complete garbage
I suppose negotiating the peace in the mid east was a product of good luck as well?
kenjeong How is this an opinion?
This is correct
Opinion: wasn’t a good luck still a bless. 🇺🇸 opinion was wrong.
Not that feedback to anyone at MarketWatch will make a difference but your pieces would begin to have credibility if just 1/10 were favorable to Trump. Til then, propaganda.
Lowest unemployment in 50 years, lowest black unemployment in history, slashing isis, countless amazing peace treaties all over the world, best economy in a really long time... that's a whooole lot of luck
Trump was called a racist for closing the border, we know the timeline. Just stop lying.
Yeah, only luck.... lmao
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trump failures then are just bad luck..
He's the only president during the globalization era to ever stand up to China. For that alone he deserves to be president for four more terms.
If you didn’t appreciate the trump tax you received , then return the extra money you got back to the IRS , Ahole !!!!!
lol, yes we all know from the media, anything positive that happens under Trump is pure luck, thx for the reminder
This guy is clearly a MorOn
Wonder if it's also true for Super Bowl winning coaches? Just luck...? And if you're coaching a World Series championship team, luck also. If an olympic athlete medals, there too, those coaches lucked into it.
Good luck? Hahahaha. Yeah, ok.
“Opinion” is right. Rex Nutting is a nut with Trump Derangement Syndrome. Everything he writes is absolute BS.
Trump has the best policy and is the best president since Lincoln.
LOLOLOLOLOLOLOLOLOLOLOLLOLOL. I printed this story so i could wipe my dog's ass with it.
“Opinion”
All his successes are good luck and failures are bad policies.