Pathetic Obama Claims Credit For Trump Economic Boom

[Faun]

Trump's 1.5T tax-cuts and extra spending ALREADY blew a bigger hole in the budget than Obama's policies.

The tax cuts resulted in the largest amount of tax revenue in US history....and the Democrats controlling the House - the budget, the purse strings, spending - could not bring themselves to use even one dime of it to pay down the deficit......financing a 4-year continuous coup is expensive.....


.

Liar.

Income tax revenues were better in 2015 without Impeached Trump's tax cuts



Like I always say, if conservatives didn't lie, they'd have absolutely nothing to say.

 

[Faun]

Trumpster are back wanking again...


View attachment 307379

This is reality. Obama last year of office he borrowed $507bn less than Trump did last year. $507bn is 2.6% of GDP. In Total Trump is borrowing 5.7% of GDP per year.

Growth is at 2.1% and dropping.

So effectively in this "great economy" we are borrowing 2.6% more that Obama and the same growth numbers... This is while things are going great... Where do we see this going when the economy slows down?

A) You posted NO links to substantiate your claim.
B) Trump has as the below chart shows the lowest growth of National Debt compared to Obama. Nearly 50% less than Obama ,who average was borrowing at 32.9% at the 32 month while Trump..14.5% !
C) Another simple math issue...


National Debt by President
Interactive chart illustrating the growth in national (public) debt by U.S. Presidential term. The y-axis shows the total percentage growth in national debt and the x-axis shows the time in office in months. The national debt almost tripled during during the Reagan administration, slowed considerably during Clinton's time in office and rose more gradually during the administrations of GW Bush and Obama. The current level of the national debt as of September 2019 is 22,719,402.00 million dollars.

National Debt by President

View attachment 307385

From the link: Historical Tables | The White House
So which is a bigger number: $14.4 Trillion GDP in 2009 or 2019 GDP of $21.21 Trillion... a larger number of nearly 50%
a growth of 10.% in 3 years vs Obama 3 years growth of 6%...
FACTS... and links!
View attachment 307390

The difference, of course, is Obama started with an economy in freefall where debt was already increasing at absurd rates; whereas Impeached Trump is on pace to add about as much debt in 8 years as Obama did, if given the opportunity, after inheriting a strong and growing economy.

 

[Faun]

304-232

The 3 million votes in Kalifornia mean nothing.

You lost. You are losers. Time to accept the results of the election.

4 million votes in California. Trump actually won the so called popular vote in the other 49 states by 1 million. Since Trump didn't spend any time trying to win California this whole popular vote nonsense is utterly without value. But butthurt libs have to try to explain away why the American people rejected them and their stupid shit policies.

How long have you lived in this country? Three days? NOBODY bothered to campaign in California because it's a "locked" state, just as nobody bothered to campaign in Texas, or Idaho, or Alabama, or Mississippi, or New York, or Massachusetts, or Connecticut, or Maryland, or North or South Dakota, or Nebraska, or Kansas (you know, where Kansas City is?) or Oklahoma, or Wyoming or Montana or Tennessee or Rhode Island or Louisiana, and certainly not in Alaska or Hawaìi.

And that's because of the Electoral College. Oh and I left out Utah, where Rump could not win even half the state's vote even with an R after his name.

Holy SHIT this number massaging is übermoronic even for your ass. You *CAN'T* disregard an entire state that doesn't serve your bubble. That's the same thing as going "if we hadn't given up those 74 points in the fourth quarter we woulda won the game, waaaaaaaaaaaaah".

Self-delusionists: such cat toys.

Translation...I destroyed your pathetic popular vote talking point. Trump won the popular vote in the other 49 states by 1 million votes, suck it losers.

Not if you ignore Texas the same way you want to ignore California.

 

[Faun]

However the GDP growth under Trump has been the same as under Obama.

You are forgetting TRILLIONS OF DOLLARS from the Fed and 0% interest rates that propped up Obama. President Trump has had no such advantage. Trump had to earn his economic boom.

LOL

To keep impeached Trump's economy from collapsing, that same Fed had to lower the Federal Fund Rate twice last year.

 

[Thinker101]

Trump's 1.5T tax-cuts and extra spending ALREADY blew a bigger hole in the budget than Obama's policies.

The tax cuts resulted in the largest amount of tax revenue in US history....and the Democrats controlling the House - the budget, the purse strings, spending - could not bring themselves to use even one dime of it to pay down the deficit......financing a 4-year continuous coup is expensive.....


.

Liar.

Income tax revenues were better in 2015 without Impeached Trump's tax cuts



Like I always say, if conservatives didn't lie, they'd have absolutely nothing to say.

You may need a new chart.
Who Really Pays Uncle Sam's Bills?

 

[Faun]

Obama is running his mouth claiming credit for the historic Trump economic boom, shocker. Biden is out there on the campaign trail also taking credit.

Both conveniently forget the Obama recovery was below average and most were predicting another recession when president Trump took over.

Both conveniently forget that Trump reversed all of Obama's economic policies.

How pathetic the left have become, 3 years into the Trump economic boom they try to steal the credit.

Trump fires back after Obama claims credit for economic boom: 'Con job'

Oh look, a revisionist historian. How cute. First slide please.

Ain't no way to rewrite the numbers, Jocko. Numbers are, 'ow you say, quantifiable. They're fixed values. Not open to debate. That's uh, kind of why we call them numbers.

DUH.

You are correct. They don't lie.

Obama managed 8,000 basis points in 8 years. Trump managed 13,000 basis points in 3.

One other thing. Can you define for the rest of us the difference between the stock market and what an economy is?

You are dismissed.

LOL

You're not man enough to dismiss anyone. Especially with those lies.

Dow under Obama went from 8000 to 20000 -- what you call 8000 points

Under Impeached Trump, it's gone from 20000 to 29000 -- what you call 13000 points.

 

[Faun]

Obama / snowflakes claiming Obama is responsible for economic success is like their claiming Barry being responsible for a reduction in gun violence after giving Mexican Drug Cartels thousands of automatic weapons and grenades......

Where is that 4-5% GDP growth we were promised?

Impeached Trump is the only president recorded in U.S. history to not have a single quarter of real GDP growth exceed 3.5%. Even Obama, who many righties railed as the worst president ever, achieved that multiple times.

 

[Nostra]

Stopped the free fall at the end of Barry Hussein’s reign.

Graph you quote shows no signs of "free fall"...so do you just make up whatever you want and hit [post]?

Last 3 months of 2010 it was going off a cliff.

you are just too stupid to read your own graph, Putz.

..."end of Barry Hussein’s reign" was in 2017 not 2010 dumbass.

Yes, it was. Republicans took control of the House in Jan 2011, which put a stop to Barry’s reign of terror.

Ok tool, whatever you say.

Thanks for bowing to my superior intellect. Good to know you know your place.

 

[Nostra]

Trump's 1.5T tax-cuts and extra spending ALREADY blew a bigger hole in the budget than Obama's policies.

The tax cuts resulted in the largest amount of tax revenue in US history....and the Democrats controlling the House - the budget, the purse strings, spending - could not bring themselves to use even one dime of it to pay down the deficit......financing a 4-year continuous coup is expensive.....


.

Liar.

Income tax revenues were better in 2015 without Impeached Trump's tax cuts



Like I always say, if conservatives didn't lie, they'd have absolutely nothing to say.

You obviously didn't provide a link because your graph prove you wrong.

 

[Nostra]

Trumpster are back wanking again...


View attachment 307379

This is reality. Obama last year of office he borrowed $507bn less than Trump did last year. $507bn is 2.6% of GDP. In Total Trump is borrowing 5.7% of GDP per year.

Growth is at 2.1% and dropping.

So effectively in this "great economy" we are borrowing 2.6% more that Obama and the same growth numbers... This is while things are going great... Where do we see this going when the economy slows down?

A) You posted NO links to substantiate your claim.
B) Trump has as the below chart shows the lowest growth of National Debt compared to Obama. Nearly 50% less than Obama ,who average was borrowing at 32.9% at the 32 month while Trump..14.5% !
C) Another simple math issue...


National Debt by President
Interactive chart illustrating the growth in national (public) debt by U.S. Presidential term. The y-axis shows the total percentage growth in national debt and the x-axis shows the time in office in months. The national debt almost tripled during during the Reagan administration, slowed considerably during Clinton's time in office and rose more gradually during the administrations of GW Bush and Obama. The current level of the national debt as of September 2019 is 22,719,402.00 million dollars.

National Debt by President

View attachment 307385

From the link: Historical Tables | The White House
So which is a bigger number: $14.4 Trillion GDP in 2009 or 2019 GDP of $21.21 Trillion... a larger number of nearly 50%
a growth of 10.% in 3 years vs Obama 3 years growth of 6%...
FACTS... and links!
View attachment 307390

The difference, of course, is Obama started with an economy in freefall where debt was already increasing at absurd rates; whereas Impeached Trump is on pace to add about as much debt in 8 years as Obama did, if given the opportunity, after inheriting a strong and growing economy.

DEficits were going up when Trump took over Obama's disastrous recovery.

 

[LeeOnLido]

Trump's 1.5T tax-cuts and extra spending ALREADY blew a bigger hole in the budget than Obama's policies.

The tax cuts resulted in the largest amount of tax revenue in US history....and the Democrats controlling the House - the budget, the purse strings, spending - could not bring themselves to use even one dime of it to pay down the deficit......financing a 4-year continuous coup is expensive.....


.

but Obama said that we were still in the Bush economy all that time

 

[Faun]

Obama / snowflakes claiming Obama is responsible for economic success is like their claiming Barry being responsible for a reduction in gun violence after giving Mexican Drug Cartels thousands of automatic weapons and grenades......

Where is that 4-5% GDP growth we were promised?

What part of 'the strongest economy in the last 50 years',

2.x% growth is the strongest in 50 years?

Really retard?

again...

View attachment 307398

Here are 10 facts since Trump was elected that prove this is the best overall economy in more than 50 years:

1. Employment: PBS News Hour confirmed that this is the best labor market since 1969 with low unemployment, more jobs and rising wages.
2. GDP: Trump is the first president to have GDP consistently higher than 3%, President Barack Obama was only the president to fail to achieve one year of 3% GDP growth.
3. Wages: The Washington Post even surrenders to the fact that Trump is the first president to improve wages in a generation where income is at an all-time high.
4. Stock Market: CNN says the stock market has roared more than 40% since Trump’s election.
5. Gas and Fuel Prices: Gas prices are low in most U.S. states that don't over-tax fuel with local and state taxes. Many states have $2.15 per gallon gasoline right now. Gas prices may fall this summer according to the latest news.
6. Ethnic Employment Success: The employment success for all ethnicities is at record high. Obama had difficulty creating jobs and many people gave up looking for work.
7. Manufacturing Jobs: Manufacturing jobs are back in the U.S. for the first time in a generation. Trump created 284,000 manufacturing jobs in 2018. Forbes implied that millions of manufacturing jobs were lost during Obama’s first 2 years in office. Some 1 in 6 were lost between January 2008 and March 2010 and Obama never got those jobs back.
8. Taxes and Regulatory: Corporate taxes were cut from 35% to 21%. America moved from worst tax system up to one of the most competitive in the world under Trump’s first 2 years in office. Lower tax rates allow U.S. companies to spend more money, buy more assets, pay more employee benefits, buy stock back to put money on Main Street and into state coffers, and even help pay better dividends to seniors who live paycheck to paycheck.
9. Nasdaq: The Nasdaq stock market value finally exceeded the 1999 prices under Trump. This implies that companies were stagnant for 18 years until Trump took office.
10. Level the Playing Field: With a mixed bag of tax-code improvements, removal of red tape, new trade agreements, and competitive tariffs, the U.S. economy is more insulated from failure. Even the Federal Reserve is willing to lower rates if other countries harm the U.S. trading environment.

10 Reasons Trump Economy Is Best in 50 Years

"Trump is the first president to have GDP consistently higher than 3%, President Barack Obama was only the president to fail to achieve one year of 3% GDP growth."

LOL

lying brain-washed tool -- Obama is not the only president to never achieve a single year of 3% GDP growth. Guess who the other is...?

As far as reaching 3% or better quarterly consistently....

Trump ... 4/12 = 33%

Obama ... 12/32 = 38%

 

[Faun]

Cool theory bro but Republicans in the House did exactly nothing for economy during Obama years.

The Democrats actually controlled the House and Senate for the 1st 2 years under Obama. It was not until the GOP took over that any sign of a turn-around from the nose-dive put us in was seen.

Liar. The economy started turning around about a year before Republicans took control of the House.

Like I always say, if conservatives didn't lie, they'd have absolutely nothing to say.

 

[Nostra]

Obama / snowflakes claiming Obama is responsible for economic success is like their claiming Barry being responsible for a reduction in gun violence after giving Mexican Drug Cartels thousands of automatic weapons and grenades......

Where is that 4-5% GDP growth we were promised?

What part of 'the strongest economy in the last 50 years',

2.x% growth is the strongest in 50 years?

Really retard?

again...

View attachment 307398

Here are 10 facts since Trump was elected that prove this is the best overall economy in more than 50 years:

1. Employment: PBS News Hour confirmed that this is the best labor market since 1969 with low unemployment, more jobs and rising wages.
2. GDP: Trump is the first president to have GDP consistently higher than 3%, President Barack Obama was only the president to fail to achieve one year of 3% GDP growth.
3. Wages: The Washington Post even surrenders to the fact that Trump is the first president to improve wages in a generation where income is at an all-time high.
4. Stock Market: CNN says the stock market has roared more than 40% since Trump’s election.
5. Gas and Fuel Prices: Gas prices are low in most U.S. states that don't over-tax fuel with local and state taxes. Many states have $2.15 per gallon gasoline right now. Gas prices may fall this summer according to the latest news.
6. Ethnic Employment Success: The employment success for all ethnicities is at record high. Obama had difficulty creating jobs and many people gave up looking for work.
7. Manufacturing Jobs: Manufacturing jobs are back in the U.S. for the first time in a generation. Trump created 284,000 manufacturing jobs in 2018. Forbes implied that millions of manufacturing jobs were lost during Obama’s first 2 years in office. Some 1 in 6 were lost between January 2008 and March 2010 and Obama never got those jobs back.
8. Taxes and Regulatory: Corporate taxes were cut from 35% to 21%. America moved from worst tax system up to one of the most competitive in the world under Trump’s first 2 years in office. Lower tax rates allow U.S. companies to spend more money, buy more assets, pay more employee benefits, buy stock back to put money on Main Street and into state coffers, and even help pay better dividends to seniors who live paycheck to paycheck.
9. Nasdaq: The Nasdaq stock market value finally exceeded the 1999 prices under Trump. This implies that companies were stagnant for 18 years until Trump took office.
10. Level the Playing Field: With a mixed bag of tax-code improvements, removal of red tape, new trade agreements, and competitive tariffs, the U.S. economy is more insulated from failure. Even the Federal Reserve is willing to lower rates if other countries harm the U.S. trading environment.

10 Reasons Trump Economy Is Best in 50 Years

"Trump is the first president to have GDP consistently higher than 3%, President Barack Obama was only the president to fail to achieve one year of 3% GDP growth."

LOL

lying brain-washed tool -- Obama is not the only president to never achieve a single year of 3% GDP growth. Guess who the other is...?

As far as reaching 3% or better quarterly consistently....

Trump ... 4/12 = 33%

Obama ... 12/32 = 38%

Do an apples to apples, Moron.

Compare the first 4 years of each.

I'm guessing you will run away.....................or go 'BUT BUSH!!!!!!!!!!!!!!!!"

 

[Faun]

Cool theory bro but Republicans in the House did exactly nothing for economy during Obama years.

The Democrats actually controlled the House and Senate for the 1st 2 years under Obama. It was not until the GOP took over that any sign of a turn-around from the nose-dive put us in was seen.

Moron I already gave you the graph, wtf is your malfunction?

You see that inflection in job growth just as Obama gets into office? That's what a huge turn-around looks like. -800k job growth turned into stable 200k job growth sustained for 9 years now.

Thank you, Republican House!

You are a total tool. Republicans got majority in 2011, huge turn around well before that and once in power they spent 6 years repealing Obamacare 40 times and investigating Benghazi.

I see negative numbers on your graph mid to late 2010, Tool.

LOLOLOLOL

Dumbfuck. Those negative numbers were the government letting go of all the temporary employees hired months earlier just to work on the census.

You have shit for brains not to know that.

 

[Faun]

I had to shut off FOX news this morning when they had that lying bitch Donna Brazile on for 20 minuets lying about this being Obama's economy...and there sat good ol Ed Henry shaking in fear of her and allowing her to lie like a dog....how can this be Obama's economy when Trump has reversed every one of Obama's economic policies?....its shameful of Obama to claim after 3.5 years that its his economy....and providing a televised stage to spread the lie is even worse...shame on you FOX news.....

Do you see something special about Trump economy in here?

Stopped the free fall at the end of Barry Hussein’s reign.

Graph you quote shows no signs of "free fall"...so do you just make up whatever you want and hit [post]?

Last 3 months of 2010 it was going off a cliff.

you are just too stupid to read your own graph, Putz.

LOLOLOLOL

Census, dumbfuck. It's gonna happen again this year.

 

[Pogo]

Obama is running his mouth claiming credit for the historic Trump economic boom, shocker. Biden is out there on the campaign trail also taking credit.

Both conveniently forget the Obama recovery was below average and most were predicting another recession when president Trump took over.

Both conveniently forget that Trump reversed all of Obama's economic policies.

How pathetic the left have become, 3 years into the Trump economic boom they try to steal the credit.

Trump fires back after Obama claims credit for economic boom: 'Con job'

Oh look, a revisionist historian. How cute. First slide please.

Ain't no way to rewrite the numbers, Jocko. Numbers are, 'ow you say, quantifiable. They're fixed values. Not open to debate. That's uh, kind of why we call them numbers.

DUH.

You are correct. They don't lie.

Obama managed 8,000 basis points in 8 years. Trump managed 13,000 basis points in 3.

One other thing. Can you define for the rest of us the difference between the stock market and what an economy is?

You are dismissed.

LOL

You're not man enough to dismiss anyone. Especially with those lies.

Dow under Obama went from 8000 to 20000 -- what you call 8000 points

Under Impeached Trump, it's gone from 20000 to 29000 -- what you call 13000 points.

It's the math of "three million illegals", "thousands and thousands on rooftops" and "I got more electoral votes than anybody since Reagan".

Thousands and thousands of people are saying that.

 

[Nostra]

The Democrats actually controlled the House and Senate for the 1st 2 years under Obama. It was not until the GOP took over that any sign of a turn-around from the nose-dive put us in was seen.

Moron I already gave you the graph, wtf is your malfunction?

You see that inflection in job growth just as Obama gets into office? That's what a huge turn-around looks like. -800k job growth turned into stable 200k job growth sustained for 9 years now.

Thank you, Republican House!

You are a total tool. Republicans got majority in 2011, huge turn around well before that and once in power they spent 6 years repealing Obamacare 40 times and investigating Benghazi.

I see negative numbers on your graph mid to late 2010, Tool.

LOLOLOLOL

Dumbfuck. Those negative numbers were the government letting go of all the temporary employees hired months earlier just to work on the census.

You have shit for brains not to know that.

Well then, those negative numbers would repeat themselves every 10 years at the same time then, right?

Link us up to those for the past 4 decades for reference, or can we say you are full of shit?

Which is it Faun ?

 

[Faun]

Trump's 1.5T tax-cuts and extra spending ALREADY blew a bigger hole in the budget than Obama's policies.

The tax cuts resulted in the largest amount of tax revenue in US history....and the Democrats controlling the House - the budget, the purse strings, spending - could not bring themselves to use even one dime of it to pay down the deficit......financing a 4-year continuous coup is expensive.....


.

Liar.

Income tax revenues were better in 2015 without Impeached Trump's tax cuts



Like I always say, if conservatives didn't lie, they'd have absolutely nothing to say.

You may need a new chart.
Who Really Pays Uncle Sam's Bills?

LOL

That's the most recent chart. You should check InfoWars to see what they say.

 

[Faun]

Trump's 1.5T tax-cuts and extra spending ALREADY blew a bigger hole in the budget than Obama's policies.

The tax cuts resulted in the largest amount of tax revenue in US history....and the Democrats controlling the House - the budget, the purse strings, spending - could not bring themselves to use even one dime of it to pay down the deficit......financing a 4-year continuous coup is expensive.....


.

Liar.

Income tax revenues were better in 2015 without Impeached Trump's tax cuts



Like I always say, if conservatives didn't lie, they'd have absolutely nothing to say.

You obviously didn't provide a link because your graph prove you wrong.

LOLOLOL

You're such a flaming dumbfuck, you couldn't even find the link in my post.