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re: Trump vs Obama on the economy
Posted on 9/7/20 at 12:00 pm to S1C EM
Posted on 9/7/20 at 12:00 pm to S1C EM
Obama received an economic shitshow.
His gains from the bottoms to eventual lift off in 2018 are gonna be a pretty hard change to best timeframe wise.
Obama actually did a good job here despite what most think.
Trump continued and in theory by deregulation sped it up a little bit there for a minute.
Coronavirus world though is a whole new world though so we will see how it goes from here.
His gains from the bottoms to eventual lift off in 2018 are gonna be a pretty hard change to best timeframe wise.
Obama actually did a good job here despite what most think.
Trump continued and in theory by deregulation sped it up a little bit there for a minute.
Coronavirus world though is a whole new world though so we will see how it goes from here.
5
Posted on 9/7/20 at 12:52 pm to oklahogjr
From 2004—2016 inflation outpaced wages across the board. Despite this, the media constantly said that the economy improved under Obama. It did in the sense that the market recovered from the 2008 collapse, but neither wages, or employment increased relative to the increase in the cost of goods. From 2016 —2020, wages, employment, and increased greater than the cost of goods. This is the true sign of a growing and robust economy.
Posted on 9/7/20 at 2:10 pm to oklahogjr
To the rescue!
Posted on 9/7/20 at 2:28 pm to oklahogjr
quote:
Obama actually did a good job here despite what most think.
What did he actually do to make the economy better?
Don't get me wrong Obama didn't destroy the economy or anything but I don't see where he actively made it much better in a sustainable manner.
You can point to a number of things Trump did to improve the economy.
Posted on 9/7/20 at 5:57 pm to oklahogjr
quote:
His gains from the bottoms to eventual lift off in 2018 are gonna be a pretty hard change to best timeframe wise.
Pretty sure his administration ended before that. quote:
Obama actually did a good job here despite what most think.
longest and shallowest recovery EVER - his policies stifled recovery.
quote:
Trump continued and in theory by deregulation sped it up a little bit there for a minute.
Trump's policies were in no way, shape, form or fashion similar or akin to Obama's. PERIOD
Sped up a little bit? Seriously?
If not for the Covid overreaction/shutdown, the economy would be screaming right now.
Posted on 9/8/20 at 8:01 am to oklahogjr
quote:You've made it crystal clear you do not understand economics. But do yourself a private personal favor. Determine what Obama did to improve the economy other than to continue W's economic recovery plan, verbatim.
Obama actually did a good job here
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