deanrd
Gold Member
- May 8, 2017
- 29,411
- 3,642
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- #121
That’s like trump calling his dad a moron. The truth is trump got $400 million from his father who swept up behind him.Lets look at the historic picture, shall we?
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t is commonly said that a President deserves some credit or blame for the economy’s performance only after he’s been in office about six months. On those terms, let’s measure Trump’s words against the record for real GDP growth over the last three quarters (July 2017 through March 2018). Over those quarters, GDP has grown at an annual rate of 2.6 percent. Comparing that pace to his last nine predecessors over comparable periods in their first terms, Trump here bests the four presidents who faced recessions in their first year in office (Barack Obama, George W. Bush, Ronald Reagan and Richard Nixon). Trump’s other five predecessors came to office, as he did, during economic expansions. Among them, he’s tied for last place: Real GDP growth under Trump over the three quarters has lagged Bill Clinton, Jimmy Carter, Lyndon Johnson and John Kennedy, and tied George H.W. Bush, as the data in the following table shows.
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Trump lags behind his predecessors on economic growth
Wait, your partial stats don't show the true weakness of Obama's weakest recovery since WWII.
You Little Trumpsters, conveniently forget that the economy that Obama inherited was the biggest economic downturn, since the Great Depression.
And, you Little Trumpsters also conveniently forget, that Trump inherited a growing economy.
There is absolutely no comparison. Trump got a gift and Obama got a bag full of rocks,
When you Little Trumpsters go into your usual denial mode, it only cements how easily you are manipulated by bullshit.
Look, I have said this a multitude times, Obama didn't exactly hit the ground running when addressing the mess of an economy. I wasn't impressed at all. Which is why he didn't get my vote in 2012. That is called recognizing reality. Little Trumpsters have been fooled (what a surprise), into thinking Trumpster inherited a stagnant economy. He didn't.
conveniently forget that the economy that Obama inherited.....
I didn't forget that the recession ended in June 2009.
Before any of Obama's magic could fix the economy.
I didn't forget that despite adding $9.3 trillion to the debt,
he had the weakest recovery since WWII.
thinking Trumpster inherited a stagnant economy.
What was GDP growth in 2016?
Two charts tell the story.
Chart 1 compares industrial nations' recovery from the Great Recession.
Chart 2 Shows how deep the Great Recession of 2007 was compared with all recessions since 1948. Also note the recent recession have much more gradual recoveries.
The fact that these charts show, the US recovered better than other countries, Canada had the best recovery.
Second, you Little Trumps fail to realize how deep the Great Recession really was.
You can't compare what Obama inherited and what kind of economy Trump inherited. Factually. Obama inherited a deep recession and factually, Trump inherited a growing economy, that had been in the growth stage for 5 years.,
View attachment 227068
The fact that these charts show, the US recovered better than other countries,
Imagine how much better we'd have done if Obama wasn't such a moron.
Factually. Obama inherited a deep recession
Factually, the recession ended by June 2009.
Republicans left the country and the economy and foreign-policy a mass and Obama had to go in sweep up behind them.