Biggest reason for economic “turnaround” is a bunch of people who were pretending the economy was worse than it was are now pretending it’s better than it is.
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Right.. but the perception, as you noted, is that this great Obama regulatory/tax burden has been lifted.. hence small business confidence thru the roofhttps://www.cnbc.com/2018/02/20/small-business-confidence-hits-record-in-2018-after-tax-reform-win.html …
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That doesn't strike me as odd. Business confidence typically rises as the economy expands, and when that measure was taken, the government just passed a big tax cut. The word "regulation" doesn't appear in the article you posted.
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Sure.. that makes sense.. but even before the tax bill small business confidence saw a big uptick right after the election...https://smallbiztrends.com/2016/12/small-business-optimism-in-december-2016.html …
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Its Bias confirmation; These individuals are just choosing what is "true" or not to them. I saw it with some one I know personally. Went bankrupt under Bush, Blamed Obama, and then recovered under Obama, and now is praising Trump for everything.
End of conversation
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