AntonToo
Diamond Member
- Jun 13, 2016
- 31,633
- 9,270
Oh, so Obama’s claim to fame is adding trillions to the deficit. How come economists say now that Porkulus was a flop?He had to spend a lot of money to get even a weak recovery going for the right wing to take credit for, ten years later.What exactly did Obama do?He turned our economy around after a recession; he did not simply help the rich get richer, and put it on the Peoples' tab.Single cherry picked stat aside, Obama had much better economy than Bush Sr. and Jr.
What good is posting 3%+ growth if you are follwing it up with a recesision? Obama was one of very few presidents to post consistent growth throughout two terms and not hand of a recession.
By increasing the debt by $30,000 per living soul in the USA.
Yea, he was an economic fucking genius.
"a flop"? No, what economists say is that while it's tough to track dollars as they move through the economy, 870 Billion dollars does not simply DISAPEAR as you rightwingers seem to imagine. It creates economic activity and jobs in short to mid term, ESPECIALLY in a recessionary economy.
There is disagreement about the extent of the growth Stimulus caused 2009-2014, but there is no disagreement that it caused growth.