Faun
Diamond Member
- Nov 14, 2011
- 124,334
- 80,956
Why go back only to Hoover? The fact is, there's been a recession under almost every single Republican president.Obamacare economy? LOL. These boys are chanting theology now. The gdp sucked for 8 years. Fail.
Bro -- every recession and depression we ever had was presided over by a GOP president starting with Herbert Hoover in 1929. What happens is this, the GOP, if they get
into power, remove all the stops that slows down the economy, like Dodd-Frank, EPA regs, tax breaks for 1%, etc. And the economy responds by tying a rocket to its body
and goes straight up and then crashes in about 6-7 years. The only GOP President that did not have a recession was Reagan, but if you were alive then, you might remember 18.5% interest rates and Volker increased the interest rate a full 1% to try to pull back the inflation. It wasn't until Clinton came in that it settled down a little. My message is this:
you are better off with an economy that grows at 2.5% than one that grows at a higher rate. The 2-2/1/2 % growth of the Democrats produces a much stronger economy that lasts. .
There are only two exceptions ... One was James Garfield, who served only six months as president; and the other is Donald Trump, who's been president for only 3½ months (so far). Neither having had enough time in office to send us spiraling into recession like every other Republican president.