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re: When a lib says Trump inherited a hot economy.
Posted on 9/8/18 at 3:24 pm to Lsut81
Posted on 9/8/18 at 3:24 pm to Lsut81
quote:
However, first president in modern history not to have a GDP over 3 every in his presidency... isn't 3 the number?
Annually or quarterly? Because GDP under Obama exceeded 3 in multiple quarters throughout.
2
Posted on 9/8/18 at 3:25 pm to MStant1
quote:
Reality is Trump has overseen the continuation of steady economic and job growth that was already occurring during Obama’s second term.
Obama put us $10trillion in debt, more than all other presidents combined, in order to get the economy even to a semi-flaccid state.
Dims would have you believe that GWB was a horrible economic President when his GDP was well above BOs. In fact BO was dead last for all post WW2 presidents.
Posted on 9/8/18 at 3:26 pm to MStant1
Annually, worst since Herbert Hoover.
Your boy FDR did better when handed a "shittier" economy.
Your boy FDR did better when handed a "shittier" economy.
Posted on 9/8/18 at 3:26 pm to TheHarahanian
quote:
Your defense of Obama in this case is either ignorant or deceitful. By statements and policies, Obama made himself the bogey man for U.S. businesses for 8 years. An earlier poster was 100% correct when he said businesses sat on trillions while Obama was in office, and those businesses were justified in doing it.
What was ignorant or deceitful about me saying he inherited the worst economic crisis since the GD? That is just fact.
I wasn’t a fan of Obama nor did I vote for him in 08 or 12 for what it is worth.
Posted on 9/8/18 at 3:36 pm to MStant1
quote:
What was ignorant or deceitful about me saying he inherited the worst economic crisis since the GD? That is just fact.
Your ignorance and deceit stems from the fact that Obama campaigned on universal health care (what became the Affordable Care Act) to cure our economic ills.
Any success was in spite of his policies.
Posted on 9/8/18 at 3:41 pm to Smart Post
What? You’re not even addressing what was said, but bringing up Obamacare at random. There is nothing political in my statement that the 08/09 economic crisis was the worst since the Great Depression. It literally is just an objective fact.
Posted on 9/8/18 at 3:42 pm to KeyserSoze999
Stock market is doing fantastic. Anyone who says otherwise is ignorant or lying.
But to claim these trends didn't start under Obama is a flat out lie. Obama inherited a terrible economy from Bush and there were significant improvements during Obama's tenure.
source: https://www.marketwatch.com/story/stock-performance-in-trumps-first-year-was-second-only-to-fdr-2018-01-16
But wages have been fairly stagnant over the end of Obama's presidency but really haven't seen similar gains as the stock market has since Trump has been in office
source: https://tradingeconomics.com/united-states/wage-growth
Unemployment peaked shortly after Obama came into office, but again you can see that trend starting as Bush was exiting office, and unemployment numbers improved under Obama and have reached great levels under Trump:
source: https://tradingeconomics.com/united-states/unemployment-rate
Though this is probably the most interesting:
While Trump has had amazing gains, it's interesting to note that Obama and FDR also had very impressive first year gains despite radically different policies than Trump
source: https://www.marketwatch.com/story/stock-performance-in-trumps-first-year-was-second-only-to-fdr-2018-01-16
But to claim these trends didn't start under Obama is a flat out lie. Obama inherited a terrible economy from Bush and there were significant improvements during Obama's tenure.
source: https://www.marketwatch.com/story/stock-performance-in-trumps-first-year-was-second-only-to-fdr-2018-01-16
But wages have been fairly stagnant over the end of Obama's presidency but really haven't seen similar gains as the stock market has since Trump has been in office
source: https://tradingeconomics.com/united-states/wage-growth
Unemployment peaked shortly after Obama came into office, but again you can see that trend starting as Bush was exiting office, and unemployment numbers improved under Obama and have reached great levels under Trump:
source: https://tradingeconomics.com/united-states/unemployment-rate
Though this is probably the most interesting:
While Trump has had amazing gains, it's interesting to note that Obama and FDR also had very impressive first year gains despite radically different policies than Trump
source: https://www.marketwatch.com/story/stock-performance-in-trumps-first-year-was-second-only-to-fdr-2018-01-16
Posted on 9/8/18 at 3:45 pm to KeyserSoze999
Libs always rewrite history.
Just ask them which party started the Klan or voted against slavery.
Just ask them which party started the Klan or voted against slavery.
Posted on 9/8/18 at 3:49 pm to Robin Masters
quote:
Dims would have you believe that GWB was a horrible economic President when his GDP was well above BOs. In fact BO was dead last for all post WW2 presidents.
That's because Bush basically tanked the first 2 years of Obama's economy.
Posted on 9/8/18 at 3:51 pm to bencoleman
quote:
It was when he left it too
Bzzzzz
Incorrect.
Posted on 9/8/18 at 3:53 pm to MStant1
quote:
What was ignorant or deceitful about me saying he inherited the worst economic crisis since the GD? That is just fact.
If that’s all you’re arguing, ok. But to me it appears that you’re arguing that Obama somehow improved the economy by his policies, and he did not. Any improvement occurred against strong opposition from the Obama admin.
Posted on 9/8/18 at 3:55 pm to MStant1
quote:
Annually or quarterly? Because GDP under Obama exceeded 3 in multiple quarters throughout.
Annually
And a quick google shows thats the first since 1948 and his average was only 1.48
Posted on 9/8/18 at 3:55 pm to ctalati32
What ctalati32 posted is basically what I was too lazy to post.
Posted on 9/8/18 at 3:56 pm to TheHarahanian
quote:
Any improvement occurred against strong opposition from the Obama admin.
So the economy fixed itself?
Posted on 9/8/18 at 3:58 pm to KeyserSoze999
quote:
Do they have any credibility? Asking for a friend
unemployment was at a 10 year low.
Posted on 9/8/18 at 4:00 pm to LSUconvert
quote:
So the economy fixed itself?
Obama couldn’t stop capitalism. He gave it a shot.
Posted on 9/8/18 at 4:01 pm to TheHarahanian
quote:
Obama couldn’t stop capitalism. He gave it a shot.
You're going to have to be more clear.
The economy fixed itself, true or false?
Posted on 9/8/18 at 4:01 pm to TheHarahanian
quote:
If that’s all you’re arguing, ok. But to me it appears that you’re arguing that Obama somehow improved the economy by his policies, and he did not. Any improvement occurred against strong opposition from the Obama admin.
I certainty wasn’t a supporter, but that is an incredibly biased view and conclusion.
Posted on 9/8/18 at 4:03 pm to LSUconvert
quote:
You're going to have to be more clear. The economy fixed itself, true or false?
Obama used intimidation and over regulation to suppress business, true or false? The answer to this question determines the answer to yours. Hint: Obama is a socialist.
Posted on 9/8/18 at 4:05 pm to TheHarahanian
quote:
Obama used intimidation and over regulation to suppress business, true or false? The answer to this question determines the answer to yours.
How is that possible?
How can my opinion of something influence yours?
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