Many on Wall Street are comparing Trump and Reagan — but it doesn’t really make sense
|12/17/2016||Posted by BusinessMediaguide.Com under General World News||
Wall Street thinks the real estate mogul’s presidency may look a lot like the actor’s presidency.
In a number of research reports, Wall Street analysts have drawn the comparison between President-elect Donald Trump and former President Ronald Reagan.
Reagan enacted a large fiscal stimulus plan; Trump plans to do the same. Reagan cut taxes and advocated the idea as an economic boon; Trump’s nominee for Treasury Secretary said their tax plan would be the largest “since Reagan.”
Unfortunately for this comparison, the economic circumstances are totally different.
“Although I admit there are similarities between the Carter – Reagan transition to the Obama read more >>>