JQPublic1
Gold Member
- Aug 10, 2012
- 14,220
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You do know Obama left Trump an unemployment rate of under 5% don't you?You must not have a good imagination then because it was all the GOP Bush policies that widened that gap. And Trump is going to double down on all that stuff. Lets see what were the things that caused the widened gap???Well I predict the deregulations that are coming for guys like Trump will widen the gap between the rich and poor.
I have two privileged nephew's. Should they apologize my brother gives them every advantage he can? No. So I won't begrudge trump
Since the gap between the rich and the poor increased more under Barack Obama than any other President...it's hard to envision anything that Trump could possibly do to widen it more than it's been widened! Trump actually grasps what makes business men invest money and create jobs. It's an anticipation of profit...something that Barry could never quite figure out.
CEO pay went up while wages for workers stagnated
They raised co pays and deductables for workers which means less take home.
Cuts to social security and medicare
Hiring illegals so the business owner makes more but workers take the hit
Tax breaks to the rich
Corporate tax breaks
Its hard for me to see how the gap isn't going to get bigger.
Barack Obama was in office for two terms, Sealy! That's eight long years! During that time the gap between the rich and the poor got wider than any other President. What's laughable is that you on the left can't admit that happened...so you've decided that you'll blame Obama's failure on George W. Bush despite the fact that Democrats controlled the House, the Senate and the Oval Office when Obama took office and could have done a complete overhaul of the tax system. What did Barack Obama do to address ANY of the problems that you just named? Are you claiming that he was such an impotent President that he powerless to pass any legislation to address those issues? Interesting narrative when he WAS able to pass the Affordable Care Act!
No we know it happened. You refuse to admit why it happened. What did Obama do to widen the gap?
Eight years of an administration that didn't have a clue how to create jobs and relied on microscopic interest rates from the Fed to keep the economy from cratering created a situation where the Middle Class and the poor made few gains while the rich who had access to investment capital cleaned up in a resurgent stock market. Obama talked a good game about "income inequality" but his lack of an economic strategy to create jobs devastated both the poor and the Middle Class while it enriched the wealthy!
Blaming all of THAT on George Bush is an amusing concept.