Mac1958
Diamond Member
Well, compared to what I've seen from conservatives since the Meltdown - it wasn't that big of a deal, it was barely a recession, we didn't really have to do anything, etc., etc., holy shit - Obama deserves all the credit, at least comparatively.I agree. He wasn’t an economic genius, but he does deserve some credit for getting us on course. Trump has great economic potiential with his pro business agenda. But he and his followers are giving him way too much credit way too early. They cant say in one breath that Obama’s numbers were fake and then tout Trumps success and genius for the same numbers a few months later. Just looking for honest debate here.Obama did the right thing by stepping back and allowing the Fed to pour $4.5 TRILLION into markets. It was the easiest, best and most obvious time to buy stocks since the Dot Com explosion in the 90's, because we knew the Fed was subsidizing everything. The economy was so trashed there were few options.
Obama gets 100% credit for that. But let's not pretend that he was an economic genius.
.
I'm not going to have an opinion of Trump's value for a while. He's exploded the fucking deficit and that's indirectly driving things. If it works, fabulous. There are some very hopeful signs, but we have a long way to go. They do tend to forget that when pointing at the numbers.
We'll see, huh?
.