Faun
Diamond Member
- Nov 14, 2011
- 124,278
- 80,941
Lying con tool... the GOP didn’t take control of the Congress until 2015. And they didn’t take control of the House until 2011. The job market growth we see today began in 2010, while Democrats controlled the Congress and the Executive branch.Employment growth did go up from 2010, Faun but that wasn't because of any Obama policy...it was because the GOP had taken over Congress and had put a stop to the nonsense Barry was proposing to do! Fracking advances that led to an oil and natural gas boom fueled a large part of the employment growth throughout the middle part of Obama's two terms...something that happened despite Obama's coming out against it.What increases? Here’s employment growth... show me where it grew at a faster rate under Trump than under Obama...?LOLOLOLIt matters not how many times they’re raised when the point is, like every other economic indicator, it’s a trend which started under Obama and was passed on to Trump. And it was raised twice under Obam. You’re such a lying con tool, you even lie about that.
Your reading comprehension is laughable. Yes interest rates were raised twice during Obama's eight years in office but the second one was raised was AFTER Trump was elected. That's the Fed anticipating good things from an incoming President because of his proposed policies. Of course it "matters" how many times the Fed raises interest rates! It's one of the most reliable indicators of the health of the economy. The "trend" under Obama was a rate raise on average of one every four years...the "trend" under Trump is one every four months! Only the truly clueless about economics would claim that "matters not"!
Imbecile, from the first hike, well before Trump was elected, it was already anticipated there were be more hikes...
"This is really just the beginning of the return to normalcy," said Peter Conti-Brown, a legal studies expert and financial historian at the Wharton School at the University of Pennsylvania. "There are years ahead of us where the Fed has to make decisions to put interest rates back at their historical norms."
Fed hikes interest rates for first time in a decade
Don't have a response to the glaring disparity between rate increases under Obama versus Trump...do you, Faun!
Your title to that site sums it all up..."Fed hikes interest rates for the first time in a decade".
2 interest rate increases in eight years under Obama...an increase every four months since Trump was elected...show me which liberal economist predicted THAT was going to happen!
I'm amused by your graph, by the way! Why did you start it in 2010 when Obama took office earlier than that? Didn't want to show how the midterms kept us from the downward track that Barry had us on prior to that?
I'm also amused by your attempt to change the subject from Fed interest rates to employment rates. Can't blame you though...you were getting your butt handed to you in THAT debate!
And I’m switching nothing. I’m posting examples of how the trends we see now all began under Obama. Whether it be interest rates or job growth or just about any economic indicator.