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Meaning
The quote says Trump was entering office at a favorable moment because the economy was already improving after the 2008 crisis. It frames that timing as luck rather than personal achievement. The wording also suggests a judgment about the economic conditions he inherited.
When It Was Said
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Who It Was Said To
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Historical Context
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Source
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Original Language & Translation
Originally said in English.
Did They Really Say It?
No source found on Wikiquote; the quote is attributed to Joseph Stiglitz.
Did You Know?
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About Joseph Stiglitz
American economist
Joseph Stiglitz is an American economist, public policy analyst, political activist, and professor at Columbia University. He is known for his work in New Keynesian economics and for receiving the Nobel Memorial Prize in Economic Sciences in 2001, as well as the John Bates Clark Medal in 1979. He served as senior vice president and chief economist of the World Bank, and later as a member and chairman of the U.S. Council of Economic Advisers. His writing and public commentary often focus on public finance, especially Georgist ideas, along with critiques of globalization as it is managed, laissez-faire economics, and institutions such as the International Monetary Fund and the World Bank.
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