Name:   architect - Subject:   Here are the numbers Date:   1/30/2018 10:54:48 AM (updated 1/30/2018 11:02:32 AM)

Whether Obama's presidency was an economic disaster is a matter of opinion, with many economists included, feeling it was a very succspessful 8 years especially under the circumstances in place at the end of 2008.  That being said, based on your post I will look forward to your condemnation of pres Trump if and when the economy heads south.  We are now 2 years past the average time for a the economy to turn down after recovery from the previous recession.

Many economists, including some very conservative ones, have pointed out that the drop in the number of people in the job market is not as much economic as demographic and in fact it is a good thing for those just coming into the job market.  Some are more troubled by the prospect of too few workers for too many jobs and the resulting inflation pressures.  A problem that will only be made worse if the more extreme Republicans get their way on immigration.

I am self-employed so don't get "bonuses"...happy for those who do!  My best year was 2015.  Last year I had 3 clients place their projects on the back burner (2 of them are still there) and another cancel it completely after the election of Trump.  Sorry, but so far Mr Trump has not been particularly good for many of us.  I am over 70 years old and restructured my portfolio to be Heavy in bonds several years ago.  Needless to say the 1st year of Trump, while not a disaster, has not been as kind to me as the Obama years.

I will have minimal benefit from the tax revisions but appreciate that minimal benefit.  I also congratulate you and most of my clients on your and their I suspect much more substantial savings that will accrue to those in the higher income brackets than I.

Mr Obama spent too much and Mr Trump is on line to spend even more at the same time income is being reduced.  Yeah yeah I know that the Republicans say that the growth in the economy will more than replace the losses in income resulting from the tax cuts.  They may very well be correct...if they are it will be the first time in history that this has happened.

Everything must be considered in context