Faun
Diamond Member
- Nov 14, 2011
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Trump handed Biden a recession...Øbama had the worst post-WW II economic recovery
The Great Obama nearly TRIPLED the Stock Market
Best Economy Ever
The stock indexes were fueled by all the money the fed pushed out there and the near-zero interest rates (no interest on money to speak of so into stocks it went).
The fact is that Øbama had the worst post-WW II recovery*.
Hell, the DOW had huge rallies under FDR while the economy never did recover until defense orders in 1940.
And under NO scenario did Øbama have the "best economy ever". That is either pandering or sheer stupidity.
* The short-lived Wuhan virus-fueled economic downturn in the first half of 2020 was met with a 33.4% 3rd quarter and 4% 4th quarter recovery in the second half of 2020. The first quarter of 2021, thanks to Trump, should be quite good. Trump, fastest and best post-WW II economic recovery.
Of course, the actions taken by Biden will slow the economy down by 2022 if not sooner as energy prices are already skyrocketing.
![www.nber.org](https://www.nber.org/sites/default/files/2022-06/NBER-FB-Share-Tile-1200.jpg)