Well, in his defense, that is his M.O., as his many unhappy stakeholders in his various businesses can attest.
I see. You present data "from the week ending January 25." And Trump was sworn in on January 20. Nice piece of analysis there. Clearly it is all on Trump.
the dude was sworn in on January 20th, and you're blaming him for the week ending Jan 18th, and the highest unemployment benefits for the week of Jan 11th? What are you, retarded?
Actually, if we apply the same manner of dates to GWB_NPC's post, then Trump should get the credit for the stock market performance since before he was President.
From the time Trump announced what? His hemorrhoids? There was no clear indication that he had any chance of winning when he announced and when Americans were still being given the benefit of the doubt (since expired). Meanwhile, the broad market hasn't exactly exploded upwards since he won or took office.
The U.S. Central Bank can buy back, at will, as many U.S. bonds as it deems consistent with its monetary policy. This does not require any additional money printing! There is currently no actual U.S. debt, it's all "Ersatz Debt." New Money was printed in amounts to match, dollar for dollar, U.S. deficits before matching securities were auctioned. What appears to the private sector as government borrowing is in reality just a swapping of interest-paying money for non-interest paying money. Money that earns interest is less likely to be spent; thus swapping circulating money for Treasury securities decreases the money supply, as defined by our Central Bank. (Outstanding Treasury securities) <= (total of all U.S. deficits). The U.S. problem is not debt, but rather the potential future expansion of the money supply represented by outstanding Treasuries and the interest to be paid on them. The underlying problem is the failure to tax appropriately on top of excessive medical and military costs. In theory, it is possible for the U.S. to grow out of this problem, in practice this is not likely to be enough. Eventually, either the rate of deficit growth will have to decline to bring it slightly below GDP growth (to enable "catch-up") or tax revenues will have to rise. By far the the best way to right the U.S. financial ship would be: a) to bring back the steeply progressive income tax that existed up until Reagan's Presidency, and b) To adopt non-profit, single payer medicare for all, eliminating most for profit medical insurance along, while deregulating medicine to increase competition among providers.* A mild reduction in per capita military expenditure would also help. At the same time we could greatly increase spending on public education, because spending on education is an investment. By definition, there is no limit to how much can be spent on investment. The same argument holds for spending on infrastructure. ______________________ *The nature of medical care is such that it's unlikely to fit a capitalist mold. The U.S. Medical care disaster is evidence of this truth. Capitalism is most successful when economic rents are driven as close to zero as possible. The great irony is that Capitalists are capitalism's worst enemy!, as Capitalists, quite naturally, seek to maximize rents. Neither Trump nor Musk understand this. Neither do most Americans. ["Rents" = (actually price paid) - (price in a perfectly competitive market)]