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re: Which of Obama’s policies was/were good for the economy?
Posted on 9/9/18 at 8:03 pm to BurningHeart
Posted on 9/9/18 at 8:03 pm to BurningHeart
You didn’t build that!
0
Posted on 9/9/18 at 8:13 pm to Eli Goldfinger
Didn't he give a washing machine order?
Posted on 9/9/18 at 8:14 pm to foshizzle
quote:
Obama largely just didn't frick up too badly
Posted on 9/9/18 at 8:17 pm to shoelessjoe
quote:
Guess what they did cause Trump made it happen.
If you are depending on the government to save your job, you're doing it wrong and I feel sorry for you.
Posted on 9/9/18 at 8:18 pm to RockyMtnTigerWDE
quote:
quote:
Obama largely just didn't frick up too badly
He must work for the government. That's the motto of government workers... just don't frick it up too badly.
Posted on 9/9/18 at 8:28 pm to foshizzle
I agree with all of this. The thing Trump brought to the table was consumer confidence. Those with money to invest knew to hold their money for a Republican. I know a few heads of banks across the country. They all say about the same thing: with Obama you got your ads nailed to the wall if something was wrong. With Trump you are just tasked to correct a problem. Here is good and bad to that
Posted on 9/9/18 at 8:44 pm to BestBanker
quote:
Didn't he give a washing machine order?
Do you remember this one?
He did! Cash for clunker appliances!
Posted on 9/9/18 at 8:49 pm to RebelExpress38
His policies allowed the FED to keep interest rates at zero so most investments went into equities so stock valves increased. Had to keep the false economy going at all cost... help out the fraud.
Posted on 9/9/18 at 8:56 pm to TOPAL
quote:
His policies allowed the FED
His policies made the Fed keep them low. They were that bad for business.
At rock bottom inflation, there's no way they could have started raising them without risking a recession.
Posted on 9/9/18 at 9:31 pm to Eli Goldfinger
Allowing us to become an energy exporter will have the longest lasting positive economic effect
Posted on 9/9/18 at 9:34 pm to BurningHeart
quote:
His policies made the Fed keep them low. They were that bad for business.
Or you know the Fed was trying to keep liquidity in the markets after one of the worst global financial crisises in history.
quote:
At rock bottom inflation,
What is rock bottom inflation?
Posted on 9/9/18 at 9:38 pm to Eli Goldfinger
I know you don’t want any actual answers, but the stimulus helped prevent a second Great Depression. It’s almost universally acclaimed by economists as a benefit to the US economy.
Posted on 9/9/18 at 9:41 pm to Lofaso
quote:
Cash for Clunkers
Ruined a lot of good used vehicles that a lot of people could have used. Whenever a vehicle was turned in, they poor shite in the engine that cause the engine to seize up.
"The 135 pages of Cash-for-Clunkers regulations rules require the dealer who sells you your new, more fuel-efficient car to 'disable' the engine of your traded-in clunker."
Video of Obumer destroying a good car: https://youtu.be/X0IcIxhd8ks
Posted on 9/9/18 at 10:08 pm to Eli Goldfinger
the one where Wall St made billions, and everybody's savings went to shite
Posted on 9/9/18 at 10:12 pm to OchoDedos
quote:
the one where Wall St made billions, and everybody's savings went to shite
I believe someone referred to that as the ‘stimulus’.
Posted on 9/9/18 at 10:36 pm to VOLhalla
quote:
I know you don’t want any actual answers, but the stimulus helped prevent a second Great Depression.
I almost posted this, but checked my facts first and discovered that TARP was signed into law by GWB.
Obama still gets credit for not fricking it up though.
Posted on 9/9/18 at 10:38 pm to OchoDedos
quote:
the one where Wall St made billions, and everybody's savings went to shite
Not at all. All you had to do was ride it out. Personally, I bought more near the lows and profited quite nicely.
When things are going to hell is a great time to make money. If you panicked and sold everything, then yes you were an idiot.
Posted on 9/9/18 at 11:13 pm to Eli Goldfinger
Well, to be fair, he did WONDERS for the gun manufacturers.
Posted on 9/9/18 at 11:51 pm to VOLhalla
quote:the stimulus was a stupendous disaster. see solyndra. the stimulus was a giant slush fund for dnc donor cronies.
the stimulus helped prevent a second Great Depression
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