re: Trump vs Obama on the economy

Myth one ....Obama saved the world economy.

Myth two ... The Us was headed toward a depression. BS

By the time Obama takes his shoes off in the White House, the results of the Real Estate Bubble were subsiding. There was no coming depression.

Obama talked his way into stimulus money to be used to "stop the blood flow" Really? Giving money to Union Bosses stopped the blood flow? If you have an economics professor spewing that crap ...it's time to change classes.

What in Obama's past leads anyone to believe that he could save the world economically? He simply does not have nor ever did have the talent or experience.

Watching his Economic Advisors over the years has been laughable at best. The best they can claim is they somehow stopped the bleed. The economy was healing itself. The real bleed came by policy. However, his Economic Staff is too gutless to admit they were handcuffed by the Administration.

Manufacturing was running to other shores. Small businesses were closing faster than they could open. Why?

Taxes and Regulation. When you do a careful analysis of the reality of Corporations having the highest tax base in the Western World ...you can't compete. When by every measure of trade publications have an environment in which over regulating cost Manufacturing and Production over 1.5 trillion a year in costs ...you cannot be competitive in the world. You move offshore, produce at a low manpower rate, then have enough savings to ship halfway around the world.

There was no magic wand. It was experience and business acumen that drastically changed the direction and boosted all aspects of production in the country. Trump simply applied the reduction in taxes and the reduction of regulations at a rate of "For every regulation created, we will cut three."

Remember, it came from the horse's arse's mouth ..."Get used to this economy the jobs are not coming back." If Obama's Economic Advisor's had been truthful they would have stood on the table tops and shouted to the heavens
They are praying for a Biden Presidency so they can get a DC job again.

We used the most practical Economic Indicator possible. We dealt with every Electric Utility Purchasing Department in North America. The story was always the same ..."No predictable Growth." Simply put ... If they aren't adding meters, there is no construction. If there is no construction, there are no jobs on the ground in the future. As a business, we knew at least six months before there was an economic uptick or downturn. Building permits means business for utility infrastructure.