Mainstream media, Democrat politicians, Wall Street bankers, Federal Reserve economists, and average investors have been bullish on just one thing: “Trump will derail the economy!”

Yes, many events threatened to derail the American economy, but all have one thing in common: their consequences were overstated.

First is President Trump’s trade war. The trade war is biggest with China, but other states, such as Japan, Mexico, Canada, India, and the EU will called on to address their trade practices with America. Yes, new tariffs and threats of new tariffs have dropped stocks. 

But it’s only temporary: stocks have roared back within days or weeks. It’s not the tariffs that dropped them, but the (irrational) shock of tariffs. Meanwhile, foreign nations, most notably China, Canada, and Mexico have scrambled to send negotiators.

Second is the government shutdown in early 2019. While tariffs scared foreign economies the most, the government shutdown scared America’s economy the most. Small businesses that depended on federal contracts were at risk of being shutdown and laying off workers. 

But fear not. Business were still enjoying new cash flows thanks to the Trump Administration’s new tax cuts. A month after Trump ended the shutdown, unemployment was at its lowest since 1969. It wasn’t even a storm, just a windy day.

Last is clashing with the Federal Reserve. Congressional Democrats are quick to clash with Trump regarding his violation of the Fed’s independence. But Jerome Powell, Chair of the Fed., changed minds and sided with Trump (as well as the American economy and people) by not raising interest rates. Unlike the first two incidents above, this crisis never materialized. It was over before it began.

Fortunately, it looks like critics are quiet because it has gotten the message: Trump’s isn’t going to crash the economy. Now it’s just time to admit it.