The economy was slowly improving from 2010-16. Steady improvement is the best kind of improvement. There was no significant change from Obama to Trump, other than the sudden increase in the deficit.
The sudden downturn in 2008-09 was mostly inherited from the previous period.
We’ll experience the damage Trump is doing over the next 5-10-15 years. Like we experienced the damage done by protectionism in the 1920s several years later. And the damage from the severe deficits beginning in 1932.
The consequences are long-term.
