Obama Policies Fueled Our Economic Boom. Don’t Let Trump And His Rich Man’s Tax Cut Steal The Credit

[The Derp]

Are you kidding me? The examples are too numerous to list here. Seriously look at the rules that OSHA and the FDA alone introduced that hurt small businesses while giving little to no actual benefit to anyone or anything.

So you're just a lazy fucking nobody who desperately wants to blame government regulations, and not corporate greed, for the unfair and inequitable wealth balance we have. Too many to name, huh? Is that the answer your wife gives you after you ask her how many people she's slept with? And what specific OSHA and FDA rules were those? Oh right, you can't be expected to know them...you can only be expected to wax idiotic about them because you have a desperate need to be heard and acknowledged. So you just say any stupid shit that pops into your head, that way you elicit a response.

BTW - removing those Obama-era rules resulted in the fewest jobs created since 2012. We had better job growth during Obama's entire second term, with all these unmentioned and unnamed rules in effect. So explain that. The rules are in place, we have job growth, the rules are removed, and job growth slows. So removing those rules harmed job growth...if you're looking purely at the numbers and not inventing qualifiers.

I've already stated, I'm not here to argue with children. If you can't , at a minimum, admit that yes under Obama the government introduced a lot of regulations that harmed small businesses while providing little benefit to anyone or anything, then we really have nothing further to discuss.

Regulations of which you cannot name a single one. Instead, you very lazily demand I do your work for you. That's not happening. Show your own work. You defer and dodge on the specifics because you don't have a handle on the specifics, but your ego thinks it does.

 

[depotoo]

You mean, throwing Obama’s childish comment back out...

Our economy has something in common with the stock market in that it responds to the “Business Climate”.

As anyone who plays or has played the markets knows, the current business climate affects what businesses do and how the market responds.

Barack Hussein Obama was a self proclaimed enemy of business and the free market. He created a hostile business climate. This stifled our economy throughout his regime. The only reason it was better when he left than when he began is that even 0bama couldn’t keep the America Economy down forever.

Two things happened to make our economy better. A man who is well known to be a friend of business and the free market won the election, and the enemy of business was gone.

This ends the lesson.

No charge, you’re welcome.

This is how ignorant a far rightwing jackass like PredFan is...

His stupid, simple argument is "Trump won, therefore economy good." Although not a damned thing has changed.

ROTFLMBAO!

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[The Derp]

What happened to 2009?

Oh, you mean the recession year that Obama was handed. Yeah, job growth in 2009 wasn't great. But it sure was great beginning in 2011, after 2 years of Obama's policies. Now, job growth is slower than it has been since 2012...how could that be the case if removing all those Obama-era rules and regulations supposedly unleashed job creation? Maybe it didn't, and you're just pushing a bunch of bullshit because you don't know any better.

 

[boedicca]

What happened to 2009?

Oh, you mean the recession year that Obama was handed. Yeah, job growth in 2009 wasn't great. But it sure was great beginning in 2011, after 2 years of Obama's policies. Now, job growth is slower than it has been since 2012...how could that be the case if removing all those Obama-era rules and regulations supposedly unleashed job creation? Maybe it didn't, and you're just pushing a bunch of bullshit because you don't know any better.

^^^ Speaking of bullshit ^^^

 

[MarcATL]

U.S. department store stocks jump on holiday spending record

Trump tax cuts are why the economy is stronger than ever. All the other nations are losing their shit as corporations and jobs set sails towards America and freedom.

And so, the snowflakes melt.

U.S. Consumer Confidence Falls in December From 17-Year High

Yeah, that’s why there was record retail sales.

Link?

Where does it state any economic boom, and as a result of 45?

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[The Derp]

I am dubious of the word numbers.

Yes, Conservatives generally are dubious of numbers because numbers never seem to come out in their favor. Ever.

And the stock market is just one of many indicators.

Oh, so now the market doesn't matter? But you were just championing it reaching record levels during Trump, even though it also reached record levels during Obama and was in fact a bull market for nearly his entire term.

Roskam says Obama admin the first to never top 3% in annual GDP growth | PolitiFact Illinois

I didn't say 3% annual growth, I said 3% quarterly growth. And Obama achieved that several times during his 8 years:

 

[MarcATL]

I only point out that the economy is making leaps under Trump , and claiming that Obama gets the credit for that is ridiculous. It's SPECIFIC things that Trump has done that have brought that about.

1. Both the DOW and the S&P 500 grew more during Obama's first year than Trump's.
2. Trump's created the fewest jobs since 2012.
3. The streak of consecutive months of job creation ended in Trump's first year
4. The economy was already operating at 3% quarterly growth before Trump became President.
5. Consumer Confidence measured in December 2017 falls from a 17-year high.

By October the economy will likely be reeling due to 45's inept policies.

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[depotoo]

Oh, so that big stimulus he said would change everything didn’t?
You guys are blind as bats.
The big promise

And don’t forget Bush’s last 2 years were under a Dem Congress, that denied there were any problems, when Bush had been harping on it. I can pull out the videos if you wish with their own words.

What happened to 2009?

Oh, you mean the recession year that Obama was handed. Yeah, job growth in 2009 wasn't great. But it sure was great beginning in 2011, after 2 years of Obama's policies. Now, job growth is slower than it has been since 2012...how could that be the case if removing all those Obama-era rules and regulations supposedly unleashed job creation? Maybe it didn't, and you're just pushing a bunch of bullshit because you don't know any better.

 

[The Derp]

By October the economy will likely be reeling due to 45's inept policies

Yup. Unlike Bush the Dumber, Trump's got no housing bubble to inflate to make the economy look like it's growing because of tax cuts when it's really growing because of debt.

 

[jc456]

Our economy has something in common with the stock market in that it responds to the “Business Climate”.

As anyone who plays or has played the markets knows, the current business climate affects what businesses do and how the market responds.

Barack Hussein Obama was a self proclaimed enemy of business and the free market. He created a hostile business climate. This stifled our economy throughout his regime. The only reason it was better when he left than when he began is that even 0bama couldn’t keep the America Economy down forever.

Two things happened to make our economy better. A man who is well known to be a friend of business and the free market won the election, and the enemy of business was gone.

This ends the lesson.

No charge, you’re welcome.

This is how ignorant a far rightwing jackass like PredFan is...

His stupid, simple argument is "Trump won, therefore economy good." Although not a damned thing has changed.

ROTFLMBAO!

Sent from my SM-N950U using Tapatalk

so the reaction of the UN because Trump recognized Jerusalem as a capital is actually doing nothing. and yet look at the reaction. hly fk were you born this way or did you grow into it?

 

[MarcATL]

Donald Trump is good at certain things. (Please take a deep breath and don’t throw your mouse or laptop at the wall.) I have not come to praise Mr. Lost The Popular Vote By 2.9 Million. But the truth is the truth—even if the truth is something Trump wouldn’t recognize if it landed right on the dyed bird’s nest that covers his dome. In any case, we must acknowledge that the man has demonstrated the ability to shape the media narrative for his own nefarious purposes.

For example, when the term “fake news” first gained widespread usage during the 2016 campaign, it most often referred to anti-Hillary, pro-Trump stories planted by non-journalists on social media. Trump, however, has over the past year co-opted the term successfully enough so that, for many, it now primarily refers to mainstream journalists’ supposed anti-Trump bias. Similarly, he has sought to control the narrative about the strong performance of the American economy, and last week’s passage of the rich man’s tax cut is going to be a crucial pivot point in that narrative. The mainstream media and the American people simply cannot allow him to control it the way he has controlled the narrative on fake news.

Throughout his time in the White House, Trump has been obsessed with denigrating the accomplishments of Barack Obama (Think: “Obamacare is imploding”—it isn’t, but who knows what will happen next year as a result of Trump’s repeal of the individual mandate and other steps taken to sabotage the health care law).

Washington Post fact-checker Nicole Lewis offered a detailed comparison of the economy under Trump thus far and Obama. There’s far too much detail to go into here, but here are some highlights. First, the stock market growth in Trump’s first 10 months doesn’t look nearly as impressive when you learn that it is no better than the market’s performance in peer countries like the UK, Germany, and Japan. This isn’t a Trump bull market, it’s a global one. By comparison, under Obama the U.S. stock market, as measured by the S&P 500, not only tripled over eight years, it significantly outperformed the markets in those same peer countries.

Job growth under Trump lags behind job growth under Obama (in a comparable time period, i.e., February through November) in each of the previous four years, and five out of the last seven years of the Obama presidency. And while we’re on the topic of media narrative, Trump now touts the big drop of about one-half of 1 percent in the unemployment rate since he took office, but while Obama was president he denigratedthe unemployment rate as “nonsense.” That’s not surprising given that it fell almost five points during the final five years of the Obama presidency.

Overall, the economy under Trump thus far looks no better by most measures than the economy in the last years under Obama. Furthermore, whereas Trump inherited the strong Obama economy, Obama inherited the Great Recession from George W. Bush—the worst economic crash since the Great Depression. That crash followed years of Republican control of Congress and a round of tax cuts whose benefits flowed mostly to the wealthy (sound familiar?). Until the passage of the Trump tax scheme, there were no significant changes to the economic policies put in place during the Obama presidency—policies that brought our economy out of the Great Recession and which have given us the longest lasting period of job growth in our history.

Trump’s comments above about his tax scheme and “rocket fuel” make clear that he will go even further than he has so far in claiming credit for anything good happening in the economy. He and his right-wing minions have in fact begun doing so. Here’s a headline from the Conservative Review: “The Trump tax cuts are ALREADY raising wages” (all-caps makes it much more convincing, doesn’t it?). Don’t buy it. As Conor Sen at Bloomberg explained, the rich man’s tax cut is merely the “excuse to raise wages. The tight labor market is the real reason.” And of course the tight labor market reflects years of a strong economy bequeathed to us by none other than President Barack Obama. Don’t let Donald Trump steal the credit.

More: Obama Policies Fueled Our Economic Boom. Don’t Let Trump And His Rich Man’s Tax Cut Steal The Credit

Trump continues riding President Obama's coattails and trying to steal his thunder. President Obama gave us a stable and sustainable economy; whereas, Trump is trying to give us a rocket ship economy that may propel us into another Great Depression. The current economy does not need deregulation and tax cuts for stimulation.

I'm really glad that obummer left. he's done more since he's been gone then he ever did as president. Thanks to trump for letting it ride then right? ya-----hooooo

good thing he kept all those regulations and shit to keep it going. right?

Oh wait.....hmmmmmmmmm something happened with the regs, did they actually keep prosperity from occurring for the years under obummer? yes they did. thanks Donald, you unleashed the obummmer fuel.

You can't name a single significant regulation that is gone.

all of the EPA ones. Not sure the quantity. but that's ok you really don't want to know, cause you'll just deny it. I know you bubba, you enjoy choking your chicken.

1. How does that help the economy
2. When were they repealed
3. When did the "Trump effect" take hold

???

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When did the "Trump effect" take hold
the trump effect took hold a week after the 2016 elections. you should read up on that startling achievement. you'd educate yourself.

When were they repealed
From an EO he wrote after inauguration..

How does that help the economy
it shows confidence to corporate job providers.

There you have it folks...the answer is, it makes Trumpsters FEEL good.

LoL!!!!!!

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[Soggy in NOLA]

Oh great, another Huff Post opinion piece....

 

[LordBrownTrout]

Donald Trump is good at certain things. (Please take a deep breath and don’t throw your mouse or laptop at the wall.) I have not come to praise Mr. Lost The Popular Vote By 2.9 Million. But the truth is the truth—even if the truth is something Trump wouldn’t recognize if it landed right on the dyed bird’s nest that covers his dome. In any case, we must acknowledge that the man has demonstrated the ability to shape the media narrative for his own nefarious purposes.

For example, when the term “fake news” first gained widespread usage during the 2016 campaign, it most often referred to anti-Hillary, pro-Trump stories planted by non-journalists on social media. Trump, however, has over the past year co-opted the term successfully enough so that, for many, it now primarily refers to mainstream journalists’ supposed anti-Trump bias. Similarly, he has sought to control the narrative about the strong performance of the American economy, and last week’s passage of the rich man’s tax cut is going to be a crucial pivot point in that narrative. The mainstream media and the American people simply cannot allow him to control it the way he has controlled the narrative on fake news.

Throughout his time in the White House, Trump has been obsessed with denigrating the accomplishments of Barack Obama (Think: “Obamacare is imploding”—it isn’t, but who knows what will happen next year as a result of Trump’s repeal of the individual mandate and other steps taken to sabotage the health care law).

Washington Post fact-checker Nicole Lewis offered a detailed comparison of the economy under Trump thus far and Obama. There’s far too much detail to go into here, but here are some highlights. First, the stock market growth in Trump’s first 10 months doesn’t look nearly as impressive when you learn that it is no better than the market’s performance in peer countries like the UK, Germany, and Japan. This isn’t a Trump bull market, it’s a global one. By comparison, under Obama the U.S. stock market, as measured by the S&P 500, not only tripled over eight years, it significantly outperformed the markets in those same peer countries.

Job growth under Trump lags behind job growth under Obama (in a comparable time period, i.e., February through November) in each of the previous four years, and five out of the last seven years of the Obama presidency. And while we’re on the topic of media narrative, Trump now touts the big drop of about one-half of 1 percent in the unemployment rate since he took office, but while Obama was president he denigratedthe unemployment rate as “nonsense.” That’s not surprising given that it fell almost five points during the final five years of the Obama presidency.

Overall, the economy under Trump thus far looks no better by most measures than the economy in the last years under Obama. Furthermore, whereas Trump inherited the strong Obama economy, Obama inherited the Great Recession from George W. Bush—the worst economic crash since the Great Depression. That crash followed years of Republican control of Congress and a round of tax cuts whose benefits flowed mostly to the wealthy (sound familiar?). Until the passage of the Trump tax scheme, there were no significant changes to the economic policies put in place during the Obama presidency—policies that brought our economy out of the Great Recession and which have given us the longest lasting period of job growth in our history.

Trump’s comments above about his tax scheme and “rocket fuel” make clear that he will go even further than he has so far in claiming credit for anything good happening in the economy. He and his right-wing minions have in fact begun doing so. Here’s a headline from the Conservative Review: “The Trump tax cuts are ALREADY raising wages” (all-caps makes it much more convincing, doesn’t it?). Don’t buy it. As Conor Sen at Bloomberg explained, the rich man’s tax cut is merely the “excuse to raise wages. The tight labor market is the real reason.” And of course the tight labor market reflects years of a strong economy bequeathed to us by none other than President Barack Obama. Don’t let Donald Trump steal the credit.

More: Obama Policies Fueled Our Economic Boom. Don’t Let Trump And His Rich Man’s Tax Cut Steal The Credit

Trump continues riding President Obama's coattails and trying to steal his thunder. President Obama gave us a stable and sustainable economy; whereas, Trump is trying to give us a rocket ship economy that may propel us into another Great Depression. The current economy does not need deregulation and tax cuts for stimulation.

I bet you scurried down to the watering hole to pick up a carton of pall mall and a case of schlitz at the reservation after you read this hack piece.

 

[The Derp]

Oh, so that big stimulus he said would change everything didn’t?

It did. According to the CBO, the stimulus saved and created millions of jobs. In fact, it created more jobs than Trump has so far.

And don’t forget Bush’s last 2 years were 7nder a Dem Congress, that denied there were any problems, when Bush had been harping on it.]

Bush never harped about the economy. In fact, he was out there championing it saying the housing market was a result of his tax cut. He even campaigned on that idea in 2004. It was you guys who all said that those warning of an impending bubble collapse were "bubbleheads". One of your own teabaggery teabags, Larry Kudlow, said that in 2005. Conservatives absolutely were not warning about a housing bubble. In fact, Bush the Dumber's own Treasury Secretary said in October 2003 that there was no serious risk to housing or the economy as a result of increased lending. SO FUCK YOU FOR NOT KNOWING THE FACTS.

Nothing the Democrats did beginning in January 2007 caused the recession to happen later that year. They passed no legislation that Bush signed into law that would have had an effect on the economy in 2007. The economic collapse was a result of deregulation and tax cuts, just like most modern economic collapses are.

O I can pull out the videos if you wish with their own words.

No you can't. Any video you pull will no doubt lack the proper context, and is undermined by Bush's own Working Group on Financial Markets that said, very plainly, “The Presidents Working Group’s March policy statement acknowledged that turmoil in financial markets clearly was triggered by a dramatic weakening of underwriting standards for U.S. subprime mortgages, beginning in late 2004 and extending into 2007.”

Regulators work for the Executive Branch. Conservatives controlled the Executive Branch. Hence, Conservatives were the ones who dramatically weakened underwriting standards for subprimes.

Furthermore, I know you're going to try to blame the GSE's for the market collapse, so let me preempt that loser argument with one chart showing GSE loans performed the best of all loans, and were the last to enter delinquency:

Now, job growth is slower than it has been since 2012...how could that be the case if removing all those Obama-era rules and regulations supposedly unleashed job creation? Maybe it didn't, and you're just pushing a bunch of bullshit because you don't know any better.

 

[jc456]

I'm really glad that obummer left. he's done more since he's been gone then he ever did as president. Thanks to trump for letting it ride then right? ya-----hooooo

good thing he kept all those regulations and shit to keep it going. right?

Oh wait.....hmmmmmmmmm something happened with the regs, did they actually keep prosperity from occurring for the years under obummer? yes they did. thanks Donald, you unleashed the obummmer fuel.

You can't name a single significant regulation that is gone.

all of the EPA ones. Not sure the quantity. but that's ok you really don't want to know, cause you'll just deny it. I know you bubba, you enjoy choking your chicken.

1. How does that help the economy
2. When were they repealed
3. When did the "Trump effect" take hold

???

Sent from my SM-N950U using Tapatalk

When did the "Trump effect" take hold
the trump effect took hold a week after the 2016 elections. you should read up on that startling achievement. you'd educate yourself.

When were they repealed
From an EO he wrote after inauguration..

How does that help the economy
it shows confidence to corporate job providers.

There you have it folks...the answer is, it makes Trumpsters FEEL good.

LoL!!!!!!

Sent from my SM-N950U using Tapatalk

see how the lib ignores the response and just makes up the answer he really wanted? can't make this shit up.

dude, if you didn't want an answer, you shouldn't have asked me the questions.

 

[PhotoPilot]

Here's another fact. IF the fed hadn't artifically ketp inflation at zero over the last 8 years, Obama's economy wouldn't have looked as good as it did.

And to be fair, that could be said about Trump's first year as well. Sooner or later inflation is going to catch up to reality.

 

[The Derp]

see how the lib ignores the response and just makes up the answer he really wanted? can't make this shit up. dude, if you didn't want an answer, you shouldn't have asked me the questions.

Trump's created the fewest jobs since 2012. It's the second-fewest jobs since 2011. And the rate is slowing down.

 

[GHook93]

Don't let Trump steal Obama's credit.​

He won’t steal Obama’s massive growth in poverty, welfare and food stamps, weak recovery, 0-0.5% unemployment and destruction of the private health insurance system. Nope he won’t take credit for that. He will take credit for lowering poverty and welfare cases and a 3-4% growth.


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[The Derp]

Here's another fact. IF the fed hadn't artifically ketp inflation at zero over the last 8 years, Obama's economy wouldn't have looked as good as it did.

And if Bush hadn't deregulated housing in 2003-4, his economy wouldn't have looked as good as it did either. One of those two examples is out of the control of POTUS and the other isn't.

 

[MrShangles]

Don't let Trump steal Obama's credit.​

Trump didn’t steal Obables credit, Obable added it to our US debts, 9 trillion, your Obable was wonderful wasn’t he?


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