Fair enough. You have the Reps claiming that the economy was terrible under Obama and that it soared under Trump and the Dems claiming it was better under Obama and that Trump’s isn’t as good and any success it just riding Obama’s wave. As usual, the truth is likely in the middle. Trump definitely improved some measures and some were already trending better prior to Trump.
Anyway, I listened to another economist last week and he was saying that many economists are saying we just finished the shortest recession ever but that a double dip is possible, especially without a second stimulus package. With a second stimulus package included in forecasting, we will get goods spending back to Q1 2020 levels in this quarter (Q3) but then it will flatline while services spending won’t reach Q1 2020 levels until Q2 2022. He specifically mentioned tariff negotiations with Canada, China being short on what they promised for imports, and the Chairman of the Fed Reserve practically begging Congress for another stimulus as indicators that, while things are looking much better and trending well, we might not be out of the woods economically yet. These next 3 months are going to be insane.