Trump victory: Good or bad for liberals ?

[Philly]

[exploited]

[Philly]

Prof's position is based on the premise that if policy makers are able to in fact make policies, they will make policies that are harmful to the economy. Therefore the economy is safe only when policy cannot be made.

[exploited]

[Philly]

But as I pointed out, one party control usually leads to divided government, as people like Prof vote to put a check on the ruling party. So it's only safe to make an economic investment when one party is currently in control because that's the only time you can be confident that we will soon have divided government. Like if you made a big economic investment in 2008 when Bush was president and Dems controlled congress you just tied up all your liquidity and if Obamacare negatively impacted your business, you would be screwed. But after we enacted Obamacare in 2010, it led to divided government, so there has been virtually no policy making since then. So Prof is wrong.

[NAB]

China is one party, no gridlock, and they get shit done.

[Philly]

[IndependentProfessor]

[IndependentProfessor]

[exploited]