Politics And Economy In The US
Politics is not everyone’s cup of coffee. We might often ponder, does politics matter at all in the affairs of the country? After the election of current US President Donald Trump, there has been a lot of chaos in the country about the economic condition in the US. It has happened so many times now that the Congress ends its meetings without reaching any primary legislation despite the Republicans having a majority in both the houses and of course the presidency.
The chaos originated when Trump fired his chief of staff and the head of the press office just after ten days of his office joining. To some, it might be a surprise, but for most of us, it is not that President Trump has received the lowest approval rating to date that is 37% only. Since the Second World War, this is the first time any President of America has got such scores at this stage of his office. This is one side of the country that is politics, but even more important the economy what the impact of all this turmoil on the economy of the country is?
Though the political conditions are not suitable, the Dow Jones Index has gone up to 22000 an all-time high. This can be taken in two ways, a slap in the face of the government that economy cannot be stagnated by your rubbish, and second, we do not care what you want. The negative publicity of Federal actions gets suppressed amidst the world-class businesses operating in the US. Nothing is expected to happen like the 2008-09 recession. All we can do is stay optimistic and wait for the Government to do the essentials the public expects from them.