Tag: Trump

Does Trump Deserve Credit for the Stock Market?

As an advocate for economics education, I get upset when I hear bogus economics claims being made in politics and the media. When this happens, consumers are fooled into spending irresponsibly. Voters are fooled into supporting policies detrimental to the economy. This has been on my mind lately as President Trump doesn’t let a day go by without taking credit for how well the U.S. stock market is doing. Continue reading “Does Trump Deserve Credit for the Stock Market?”

Advertisements

Students Thinking Critically About Finance

I teach at a school that strongly emphasizes students writing constructed responses to reading materials. This strengthens their reading and writing skills and gets them thinking critically about various topics (these are big standardized testing skills too). Here are some articles and prompts I have given my Personal Financial Responsibility class to think about current topics in finance. Continue reading “Students Thinking Critically About Finance”

Shorting Trump: A Starting Point

ABC News reported yesterday that President Trump contradicted 4 of his campaign positions in 1 day. It is not unusual for a politician to reverse some positions once the election is over, but the Trump administration’s progression since the election has been unusual, to say the least. After an impatient start that involved signing a record number of executive orders, Trump ran into a wall with his healthcare plans. Rather than try to climb the wall or find a door, he tried to break through it with his bare hands, but after hitting it a few times, he just gave up and walked away. Trump then reorganized his National Security Council, demoting his controversial advisor Steve Bannon. Now, I suspect that a lot of things he campaigned on are less likely to happen. Continue reading “Shorting Trump: A Starting Point”