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Monday, March 20, 2017

Why Economists, Financial Types and the Media FAIL to Get the Trump Phenomenon

The following is an attempt to explain the Trump phenomenon. It is NOT a pro-Trump article; it is simply an explanation for how Trump accomplished what he did, and why so few predicted his success and the impact of his economic policies.

There’s a simple reason so few people in the media and in finance understand the economic impacts of a Trump Presidency.

That reason is summated in this chart:
The percentage of people who are business owners relative to the overall employed population, is at an all time low.

The Fast Company, Shark Tank echo chamber would have you believe that entrepreneurialism is in a bubble.

It’s not.

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1 comment:

Anonymous said...

What I'm not failing to see is that I elected him to do some work and he's gone golfing 5 of the last 7 weekends. After all the criticizing he did of Nobama..