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Opinions & Editorials Discuss These 5 charts show just how amazing Trump and GOP have been for the economy at the General Forum; [QUOTE=ShivaTD;934143]By virtually any reasonable measurement? January 2017, the week that Trump took office, the average gasoline price in the United ...

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Old 05-16-2018, 11:43 AM
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Default Re: These 5 charts show just how amazing Trump and GOP have been for the economy

[QUOTE=ShivaTD;934143]By virtually any reasonable measurement?



January 2017, the week that Trump took office, the average gasoline price in the United States was $1.96/gal and a year later in January 2018 it was $2.68/gal and it's continued to go up reaching $2.96/gal on May 5, 2018. Paying a dollar more per gallon of gasoline, basically a 50% increase in the cost of gasoline under Obama, is financially hurting a lot of American workers that commute to work over any significant distance daily.
https://ycharts.com/indicators/gas_price

Obama had zero to do with gas prices, just as Trump

What we know historically is that presidents don't have much impact if any during their first year in office when it comes to the economy. It takes time for policy changes to have an effect economically on the nation. Obama inherited a disastrous economy when he took office and job losses continued until July 2011 before the economy began to once again add jobs and lower the unemployment rate.

What Trump brought immediately was confidence in the markets. Money started flowing the day after he was elected.
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