SobieskiSavedEurope
Gold Member
- Banned
- #241
Glass Steagall was repealed under Clinton but it was 100 Republican effort. Clinton signed as a compromise bill.My understanding is that the recession ended in June 2009.Look, I get it. Trump walks on water while he is turning it to wine in your world...I just do not agree
Obama was terrible, 2nd worst POTUS ever. His economic record is not good, but Trump's is only slightly better.
That is my point. That has always been my point.
The problem with your point is that Obama inherited an economy that was headed for a depression. So Trumps record can't be better if he inherited a growing economy from Obama.
The economic policies of Obama slowed the recovery.
Trump loosening those polices strengthened the economy and the Fed reserve was able to increase the rate from 0%
from historic lows.
Sorry but the effects of the recession go well beyond the official end. The economic policies of Obama gave us a long steady growth while installing protections from anotherf All Street fiasco.
Trump cutting regulations does little other than giving us dirtier air & waster, more dangerous workplaces & increasing the odds of another Wall Street recession.
The economy only improved because Trump's tax cut was a stimulus effort to dupe the low IQ people & hiding that it will bowwow 1.5 trillion dollars.
Trump is a fucking moron who can't manage shit.
Yup... So basically both sides don't care about the debt.
Sure, I'll agree, low interest rates + cutting taxes on the rich civilians, led to a ton of landlords & properties brought up by the rich.
Once that artificial boom got too high, it bust into the bad economy.
Add W. Bush's plan for home ownership to give riskier loans to lower class, and minorities include.
Not to mention the repeal of Glass Steagall under Clinton.
Absolutely, it all created a disaster.
One which is likely to come back out under, or after Trump...
Because these issues are still going strong.
Indeed, but Glass Steagall wasn't the only issue.... It certainly hasn't been fixed...