Obama and the US economy!

[Meane]

Housing crash pretty much did us in. Bush had the dot.com crash and 9-11, so it's not like he skated through. Contrary to what liberals would hope to believe, the housing crash wasn't Bush's fault. He shares some responsibility, but liberal lending practices were a big contributor. We had been leading up to this since Clinton.

While we made some progress during Obama's term, it was very slow and not effective. We didn't show turn around until after the Republicans took the house. Coincidence, fuck I don't know, just an observation.

While we're due a correction to the worst at some point, Trump will likely lead us to where Obama couldn't. Meaning we didn't meet our potential under the Obummer admin. They passed on the interest rates to Trump, which should have taken place a long fucking time ago. Fact is without those low interest rates, Obama's economy is putrid. All he did is pass the problem onto a new admin., and so far it's not a problem.

With Trump's tax plan the debt is estimated to double by 2025, which will take it from 74% to 125%.

 

[owebo]

Housing crash pretty much did us in. Bush had the dot.com crash and 9-11, so it's not like he skated through. Contrary to what liberals would hope to believe, the housing crash wasn't Bush's fault. He shares some responsibility, but liberal lending practices were a big contributor. We had been leading up to this since Clinton.

While we made some progress during Obama's term, it was very slow and not effective. We didn't show turn around until after the Republicans took the house. Coincidence, fuck I don't know, just an observation.

While we're due a correction to the worst at some point, Trump will likely lead us to where Obama couldn't. Meaning we didn't meet our potential under the Obummer admin. They passed on the interest rates to Trump, which should have taken place a long fucking time ago. Fact is without those low interest rates, Obama's economy is putrid. All he did is pass the problem onto a new admin., and so far it's not a problem.

With Trump's tax plan the debt is estimated to double by 2025, which will take it from 74% to 125%.

You're funny stupid....

 

[Mac1958]

Well, now that the GOP has become Keynesians just in time for a Republican presidency, maybe Trump's trillion dollar infrastructure bill will make everyone happy.

 

[owebo]

Well, now that the GOP has become Keynesians just in time for a Republican presidency, maybe Trump's trillion dollar infrastructure bill will make everyone happy.

The private financing of it is fascinating to see....

 

[Meane]

Housing crash pretty much did us in. Bush had the dot.com crash and 9-11, so it's not like he skated through. Contrary to what liberals would hope to believe, the housing crash wasn't Bush's fault. He shares some responsibility, but liberal lending practices were a big contributor. We had been leading up to this since Clinton.

While we made some progress during Obama's term, it was very slow and not effective. We didn't show turn around until after the Republicans took the house. Coincidence, fuck I don't know, just an observation.

While we're due a correction to the worst at some point, Trump will likely lead us to where Obama couldn't. Meaning we didn't meet our potential under the Obummer admin. They passed on the interest rates to Trump, which should have taken place a long fucking time ago. Fact is without those low interest rates, Obama's economy is putrid. All he did is pass the problem onto a new admin., and so far it's not a problem.

With Trump's tax plan the debt is estimated to double by 2025, which will take it from 74% to 125%.

You're funny stupid....

I see. Then, intelligent, tell me something.

When America lowers the taxes according to Trump's tax plan they will lose 10 trillion in a decade, more in the next. Where does the money come from? In order to even survive, the federal budget needs to be cut at least by 20%. If you don't pay that from your taxes, the government will take it from wherever it has to. It will be away from you, only in a much much less controlled way.

Trump won't cut from Medicare nor social security, by which way it is impossible to lower the debt significantly.

Where does come the first 10 trillion dollars and the next 14, go.

 

[owebo]

Housing crash pretty much did us in. Bush had the dot.com crash and 9-11, so it's not like he skated through. Contrary to what liberals would hope to believe, the housing crash wasn't Bush's fault. He shares some responsibility, but liberal lending practices were a big contributor. We had been leading up to this since Clinton.

While we made some progress during Obama's term, it was very slow and not effective. We didn't show turn around until after the Republicans took the house. Coincidence, fuck I don't know, just an observation.

While we're due a correction to the worst at some point, Trump will likely lead us to where Obama couldn't. Meaning we didn't meet our potential under the Obummer admin. They passed on the interest rates to Trump, which should have taken place a long fucking time ago. Fact is without those low interest rates, Obama's economy is putrid. All he did is pass the problem onto a new admin., and so far it's not a problem.

With Trump's tax plan the debt is estimated to double by 2025, which will take it from 74% to 125%.

You're funny stupid....

I see. Then, intelligent, tell me something.

When America lowers the taxes according to Trump's tax plan they will lose 10 trillion in a decade, more in the next. Where does the money come from? In order to even survive, the federal budget needs to be cut at least by 20%. If you don't pay that from your taxes, the government will take it from wherever it has to. It will be away from you, only in a much much less controlled way.

Trump won't cut from Medicare nor social security, by which way it is impossible to lower the debt significantly.

Where does come the first 10 trillion dollars and the next 14, go.

We call it revenue....

You obviously don't live here....you call our revenue we give your country to survive welfare.....that's ending too....

 

[Meane]

Housing crash pretty much did us in. Bush had the dot.com crash and 9-11, so it's not like he skated through. Contrary to what liberals would hope to believe, the housing crash wasn't Bush's fault. He shares some responsibility, but liberal lending practices were a big contributor. We had been leading up to this since Clinton.

While we made some progress during Obama's term, it was very slow and not effective. We didn't show turn around until after the Republicans took the house. Coincidence, fuck I don't know, just an observation.

While we're due a correction to the worst at some point, Trump will likely lead us to where Obama couldn't. Meaning we didn't meet our potential under the Obummer admin. They passed on the interest rates to Trump, which should have taken place a long fucking time ago. Fact is without those low interest rates, Obama's economy is putrid. All he did is pass the problem onto a new admin., and so far it's not a problem.

With Trump's tax plan the debt is estimated to double by 2025, which will take it from 74% to 125%.

You're funny stupid....

I see. Then, intelligent, tell me something.

When America lowers the taxes according to Trump's tax plan they will lose 10 trillion in a decade, more in the next. Where does the money come from? In order to even survive, the federal budget needs to be cut at least by 20%. If you don't pay that from your taxes, the government will take it from wherever it has to. It will be away from you, only in a much much less controlled way.

Trump won't cut from Medicare nor social security, by which way it is impossible to lower the debt significantly.

Where does come the first 10 trillion dollars and the next 14, go.

We call it revenue....

You obviously don't live here....you call our revenue we give your country to survive welfare.....that's ending too....

Avoiding a specific word to hide ignorance.

I've no idea what you mean, though I'm sure I would if you had the courage to use the right words without fear of being wrong or exposed.

 

[AntonToo]

Well, now that the GOP has become Keynesians just in time for a Republican presidency, maybe Trump's trillion dollar infrastructure bill will make everyone happy.

That is a slap in the face to Keynesians as they certainly do not advocate long term insolvency. Spend in tough times, pay down debt while growing.

Trillion dollar infrastructure bill in the middle of expansion and projections of increasing deficits as far as the eye can see is not a Keynesian idea.

 

[owebo]

Housing crash pretty much did us in. Bush had the dot.com crash and 9-11, so it's not like he skated through. Contrary to what liberals would hope to believe, the housing crash wasn't Bush's fault. He shares some responsibility, but liberal lending practices were a big contributor. We had been leading up to this since Clinton.

While we made some progress during Obama's term, it was very slow and not effective. We didn't show turn around until after the Republicans took the house. Coincidence, fuck I don't know, just an observation.

While we're due a correction to the worst at some point, Trump will likely lead us to where Obama couldn't. Meaning we didn't meet our potential under the Obummer admin. They passed on the interest rates to Trump, which should have taken place a long fucking time ago. Fact is without those low interest rates, Obama's economy is putrid. All he did is pass the problem onto a new admin., and so far it's not a problem.

With Trump's tax plan the debt is estimated to double by 2025, which will take it from 74% to 125%.

You're funny stupid....

I see. Then, intelligent, tell me something.

When America lowers the taxes according to Trump's tax plan they will lose 10 trillion in a decade, more in the next. Where does the money come from? In order to even survive, the federal budget needs to be cut at least by 20%. If you don't pay that from your taxes, the government will take it from wherever it has to. It will be away from you, only in a much much less controlled way.

Trump won't cut from Medicare nor social security, by which way it is impossible to lower the debt significantly.

Where does come the first 10 trillion dollars and the next 14, go.

We call it revenue....

You obviously don't live here....you call our revenue we give your country to survive welfare.....that's ending too....

Avoiding a specific word to hide ignorance.

I've no idea what you mean, though I'm sure I would if you had the courage to use the right words without fear of being wrong or exposed.

I was pretty clear...try an on-line degree...

 

[owebo]

Well, now that the GOP has become Keynesians just in time for a Republican presidency, maybe Trump's trillion dollar infrastructure bill will make everyone happy.

That is a slap in the face to Keynesians as they certainly do not advocate long term insolvency. Spend in tough times, pay down debt while growing.

Trillion dollar infrastructure bill in the middle of expansion and projections of increasing deficits as far as the eye can see is not a Keynesian idea.

Private capital is Keynesian? Huh.....

 

[LoneLaugher]

He wins the nomination & then the presidency and the economy crashes.

He resides over the worst growth in my lifetime.

He exits the office & the economy once again booms.

Interesting timeline no?

You are insane. Your timeline isn't remotely accurate. If you believe what you just wrote, it is understandable that you'd vote for Trump.

 

[LoneLaugher]

Nothing much surprises me at this point, but this thread has me shaking my head.

Which one?

 

[LoneLaugher]

Job growth up huge already under Trump

But when Obama posted months with even more growth you for some reason didn't call it huge, you called it stagnant.

Can you explain the double standard?

Obama's job growth didn't even keep pace with population growth

Has Trumps job growth kept up with population growth?

 

[LoneLaugher]

But when Obama posted months with even more growth you for some reason didn't call it huge, you called it stagnant.

Can you explain the double standard?

There was never a jobs report like today's while Barry was in office...I do not except your premise.

You are insane.

 

[LoneLaugher]

Lots of different views in the forum of course, but any month that sheds 10,000 government jobs, and adds 227,000 private sector jobs is a good one.

Except when Obama is in the office of course.

Maybe you have it handy. How many times did Obama shed 10,000 government jobs in a month?

You won't like the facts on that one, dummy.

 

[TheDude]

The economy was disintegrating long before Obama got into office.

And Obama made it worse... And made the debt triple... fact

The debt was 11 trillion dollars when Obama took office. 11 x 3 = 33. The national debt is about 19 trillion dollars. It didn't even double.

You're both wrong.

On January 20, 2009, when he was sworn in, the debt was $10.626 trillion. On January 20, 2017, it was $19.947 trillion. That's why most people say Obama added $9 trillion to the debt, more than any other president.

"more than any other president" is a gross under-statement. It was near as much as all presidents combined.

 

[Rustic]

The economy was disintegrating long before Obama got into office.

And Obama made it worse... And made the debt triple... fact

The debt was 11 trillion dollars when Obama took office. 11 x 3 = 33. The national debt is about 19 trillion dollars. It didn't even double.

You're both wrong.

On January 20, 2009, when he was sworn in, the debt was $10.626 trillion. On January 20, 2017, it was $19.947 trillion. That's why most people say Obama added $9 trillion to the debt, more than any other president.

"more than any other president" is a gross under-statement. It was near as much as all presidents combined.

...And don't forget unfunded liabilities which actually makes the national bit somewhere north of $225 trillion

 

[Rambunctious]

You are insane

Another laughable weak argument from the LoneLaugher.....as to be expected.

 

[Rambunctious]

Has Trumps job growth kept up with population growth?

Best report in 5 years...I know that bothers you but it's undeniable.

 

[Coyote]

He wins the nomination & then the presidency and the economy crashes.

He resides over the worst growth in my lifetime.

He exits the office & the economy once again booms.

Interesting timeline no?

The economy was crashing before he entered office.

It improved while he was in office.

He left office with the economy and unemployment rates much BETTER than they were when he entered office.

The timeline I outlined is not disputable. Add to that the immediate boost to the economy when he left and the results speak for themselves

The fallacy is: correlation is not necessarily causation.