edthecynic
Censored for Cynicism
- Oct 20, 2008
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None of what you said is true!Just Slow & Steady growth under Obama, not the Boom & Bust economies of the Right.1. Obama is the first President never to have had a year of 3% or better economic growth: "...annual growth during Obama’s “recovery” has never topped 3%.
By comparison, it never fell below 3% during the Reagan recovery. And in the nine years following the 1990-91 recession, GDP grew faster than 3% in all but two. Heck, even Jimmy Carter had some strong growth years."
And who benefits from B&B economies? The cash rich, who buy during the bust and sell at the boom.
And who benefits from S&S economies? Hard-working wage earners.
So what kind of an economy do dumb clucks like PompousCheek want? B&B, of course, because fools never learn!
Tell me how "wage earners" benefit from artificial wages, part time and temporary jobs, amnesty, unfair trade etc? Ill wait