When 22 months equals 97 months

[nat4900]

Funny how some people always blame Bush for handing over a bad economy. Yet a large part of that bad economy was due to Democratic policies.
They make claims that 44 did such a good job with turning the economy around yet fail to talk about TARP being started by Bush. They claim a great economy yet fail to understand that when the numbers are so bad it is easy to show better. They always forget that the Fed never got around to raising interest rates during his term.
Now suddenly the fed is raising rates and yet they claim that we have a bad economy or that it is just a continuation of the past. Is the fed really that stupid that they don't see an economy that is doing better?

Here's a simple "rule" that GWB broke and one that even a 14 years old could figure out:

YOU DO NOT START TWO EXPENSIVE WARS....WHILE GIVING tax cuts to the very wealthy.:

 

[OKTexas]

This would fall into the category of blinded cult mentality.

As Trump acolytes cheer the robust economy, does reality ever dawn on them that the economy has been steadily growing for 97 months and NOT just during the last 22 months of the Trump administration?

Ask yourselves (if you dare) what the unemployment rate was when Obama took office in 2009,,,and what that rate was when Obama left office.

Also consider what Obama had to spend to bring that same unemployment rate by SIX percentage points, to the almost 2 TRILLION dollars that Trump spent to bring the unemployment rate down by ONE point since he took office.

Reality and sanity is the ONLY way to abstain from a cult mentality,

Oh shut up. According to your dear leaders own standards, he should have been a one termer. Maobama would have never had US companies moving production back to the US because he was anti-business. You and your dear leader need to sit down and STFU, he had his time and blew it.

.

 

[nat4900]

This would fall into the category of blinded cult mentality.

As Trump acolytes cheer the robust economy, does reality ever dawn on them that the economy has been steadily growing for 97 months and NOT just during the last 22 months of the Trump administration?

Ask yourselves (if you dare) what the unemployment rate was when Obama took office in 2009,,,and what that rate was when Obama left office.

Also consider what Obama had to spend to bring that same unemployment rate by SIX percentage points, to the almost 2 TRILLION dollars that Trump spent to bring the unemployment rate down by ONE point since he took office.

Reality and sanity is the ONLY way to abstain from a cult mentality,

Okay, so answer me this. When does it become Trump's economy? Give us a date.

Difficult to set a "date"........but lets say this:

When Trump's trade fiascoes go fully into effect......and when morons like McConnell cut social security and Medicare.Medicaid to pay for the TWO trillion dollar loans that Trump borrowed to give to his cronies.......REMEMBER that Trump told his friends at Mar-a-Largo the day after the tax scam was enacted...." I JUST MADE YOU GUYS A LOT OF MONEY...."

 

[nat4900]

This would fall into the category of blinded cult mentality.

As Trump acolytes cheer the robust economy, does reality ever dawn on them that the economy has been steadily growing for 97 months and NOT just during the last 22 months of the Trump administration?

Ask yourselves (if you dare) what the unemployment rate was when Obama took office in 2009,,,and what that rate was when Obama left office.

Also consider what Obama had to spend to bring that same unemployment rate by SIX percentage points, to the almost 2 TRILLION dollars that Trump spent to bring the unemployment rate down by ONE point since he took office.

Reality and sanity is the ONLY way to abstain from a cult mentality,

Based on the "funnies" received by the O/P, I am happy to see that any objectivity is considered anathema to the Trump cult members that hang out on this forum...LOL

 

[danielpalos]

The GDP never reached 3% in a yearly average in any of Obama's eight (long) years for the first time in modern history. Barry excused it by claiming that factory jobs are gone and never coming back. Hypocrite lefties enjoy the DOW at 25,000 and unemployment at a historic low but they long for the good old days when people were out of work and angry. That's the only way lefties get votes.

Trends are up for around a decade after the recession.

 

[pinqy]

This would fall into the category of blinded cult mentality.

As Trump acolytes cheer the robust economy, does reality ever dawn on them that the economy has been steadily growing for 97 months and NOT just during the last 22 months of the Trump administration?

Ask yourselves (if you dare) what the unemployment rate was when Obama took office in 2009,,,and what that rate was when Obama left office.

Also consider what Obama had to spend to bring that same unemployment rate by SIX percentage points, to the almost 2 TRILLION dollars that Trump spent to bring the unemployment rate down by ONE point since he took office.

Reality and sanity is the ONLY way to abstain from a cult mentality,

They are smart enough to know the past anti bussiness president didn't do anything to help, everything to hurt


.

I’m curious, which economic indicators are you claiming changed direction for the better under Trump?

Global CEO optimism is at an all time record high under Trump. Its the highest its ever been since they began measuring it. Obama's best was 33%, under Trump after less than 2 years it topped 50% for the first time ever. No president has ever achieved 50%. Small business owner optimism also at a 40 year record high under Trump's economic policies. Unemployment at a multi decade low. Minority unemployment at a record low. Biggest jump in wages and salaries in more than 10 years 3.1%.

I asked which indicators changed direction. Unemployment had been going down for almost 7 years when Trump took over. Real weekly and hourly earnings had been going up since 2014.

And you did see that CEO optimism just dropped, right?

Fake news from media lairs. Anyone believing the media is a fool or part of the problem.

Wait, what is fake? That unemployment had been going down and jobs up since 2010? That real earnings have been going up since 2014? That’s all from the source, not “the media.”

Unemployment remained high through 2012 - which is why Obama and his socialist party lost the house. While down from the astounding level that the Obama policies produced, in November of 2011, the same point of the Obama regime to the Trump administration, the unemployment rate was near double digits. Obama was a fucking disaster.

Over the course of 8 years, and thanks to the loss of the house and senate by the Socialists, things did slowly get better. But it took 8 years to get to even a basic recovery.

Here is the Unemployment rate

Not

Here is nonfarm payroll employment level

IF you did not know when any of the elections were, would you b!e able to tell when the President changed? Or Congress?

You would not. So injecting policy and blaming or paring any ?PResident here is ludicr.

 

[danielpalos]

This would fall into the category of blinded cult mentality.

As Trump acolytes cheer the robust economy, does reality ever dawn on them that the economy has been steadily growing for 97 months and NOT just during the last 22 months of the Trump administration?

Ask yourselves (if you dare) what the unemployment rate was when Obama took office in 2009,,,and what that rate was when Obama left office.

Also consider what Obama had to spend to bring that same unemployment rate by SIX percentage points, to the almost 2 TRILLION dollars that Trump spent to bring the unemployment rate down by ONE point since he took office.

Reality and sanity is the ONLY way to abstain from a cult mentality,

What was unemployment at this same point in the Obama regime, Comrade gnat? 14% I think?

Why would you think that?

Great graph, Censored...now would you like to name the Obama economic policy that created those jobs?

????

I was pointing out that Barry drove unemployment UP when he took office.

A continuing trend; just like the right wing is trying to take credit for.

 

[danielpalos]

The GDP never reached 3% in a yearly average in any of Obama's eight (long) years for the first time in modern history.

And unless 4Q growth is over 4.1% (I think...i’ll Have to double check) we haven’t seen it under Trump eaither.
But GDP has been increasing constantly since 2009. Slow, but growth. The gowth under Trump has been a bit better, sure.

Barry excused it by claiming that factory jobs are gone and never coming back.

Obama is not an economist and was very tricky and often deceptive about Econ numbers. So what he thought or said has little to do with reality.

Economic output for the US is on track to post a slower-but-still-healthy gain in the preliminary GDP report for the third quarter that's scheduled for publication later this month. The outlook is based on a set of nowcasts compiled by The Capital Spectator. The median Q3 estimate: a 3.2% increase, unchanged from the analysis in mid-September.

The current median Q3 projection marks a slowdown vs. the strong 4.2% increase for Q2. Aside from the previous quarter, however, economic growth in the low-3% range still compares favorably with recent history. If the median estimate is accurate for Q3, output is set to post the second-strongest quarterly gain in three years.
https://seekingalpha.com/article/4209596-strong-u-s-gdp-growth-expected-moderate-third-quarter

 

[danielpalos]

This would fall into the category of blinded cult mentality.

As Trump acolytes cheer the robust economy, does reality ever dawn on them that the economy has been steadily growing for 97 months and NOT just during the last 22 months of the Trump administration?

Ask yourselves (if you dare) what the unemployment rate was when Obama took office in 2009,,,and what that rate was when Obama left office.

Also consider what Obama had to spend to bring that same unemployment rate by SIX percentage points, to the almost 2 TRILLION dollars that Trump spent to bring the unemployment rate down by ONE point since he took office.

Reality and sanity is the ONLY way to abstain from a cult mentality,

Okay, so answer me this. When does it become Trump's economy? Give us a date.

the following fiscal year?

 

[WaitingFor2020]

This would fall into the category of blinded cult mentality.

As Trump acolytes cheer the robust economy, does reality ever dawn on them that the economy has been steadily growing for 97 months and NOT just during the last 22 months of the Trump administration?

Ask yourselves (if you dare) what the unemployment rate was when Obama took office in 2009,,,and what that rate was when Obama left office.

Also consider what Obama had to spend to bring that same unemployment rate by SIX percentage points, to the almost 2 TRILLION dollars that Trump spent to bring the unemployment rate down by ONE point since he took office.

Reality and sanity is the ONLY way to abstain from a cult mentality,

The recession peaked in October 2009 at 10% unemployment.
Unemployment was 4.7% in October 2016.
That's straight info from the Bureau of Labor.
BUT....Doesn't matter. Facts don't matter.
All that matters is being entertained by an ex-game show TV host.
.
.
.

 

[WaitingFor2020]

I heard Obama was in a Subaru dealership trying to buy a legacy.

Trump Troll alert....
.
.
.

 

[Papageorgio]

Back and right back to crying and being upset because Hillary isn’t the President. I was hoping your rehab stint would help you with your major butt hurt.

 

[Toddsterpatriot]

This would fall into the category of blinded cult mentality.

As Trump acolytes cheer the robust economy, does reality ever dawn on them that the economy has been steadily growing for 97 months and NOT just during the last 22 months of the Trump administration?

Ask yourselves (if you dare) what the unemployment rate was when Obama took office in 2009,,,and what that rate was when Obama left office.

Also consider what Obama had to spend to bring that same unemployment rate by SIX percentage points, to the almost 2 TRILLION dollars that Trump spent to bring the unemployment rate down by ONE point since he took office.

Reality and sanity is the ONLY way to abstain from a cult mentality,

the economy has been steadily growing for 97 months and NOT just during the last 22 months of the Trump administration?

Obama's economy was awesome!
What was his average growth again?

Also consider what Obama had to spend to bring that same unemployment rate by SIX percentage points,

$9.3 trillion in deficit spending. Is this data somehow showing Obama did a good job?

 

[Maxdeath]

Funny how some people always blame Bush for handing over a bad economy. Yet a large part of that bad economy was due to Democratic policies.
They make claims that 44 did such a good job with turning the economy around yet fail to talk about TARP being started by Bush. They claim a great economy yet fail to understand that when the numbers are so bad it is easy to show better. They always forget that the Fed never got around to raising interest rates during his term.
Now suddenly the fed is raising rates and yet they claim that we have a bad economy or that it is just a continuation of the past. Is the fed really that stupid that they don't see an economy that is doing better?

Here's a simple "rule" that GWB broke and one that even a 14 years old could figure out:

YOU DO NOT START TWO EXPENSIVE WARS....WHILE GIVING tax cuts to the very wealthy.:

And here is something a ten year old could understand you don't have Fannie Mae and Freddie Mac accept loans on houses that have very little money down and no way for those homeowners to pay.

 

[danielpalos]

This would fall into the category of blinded cult mentality.

As Trump acolytes cheer the robust economy, does reality ever dawn on them that the economy has been steadily growing for 97 months and NOT just during the last 22 months of the Trump administration?

Ask yourselves (if you dare) what the unemployment rate was when Obama took office in 2009,,,and what that rate was when Obama left office.

Also consider what Obama had to spend to bring that same unemployment rate by SIX percentage points, to the almost 2 TRILLION dollars that Trump spent to bring the unemployment rate down by ONE point since he took office.

Reality and sanity is the ONLY way to abstain from a cult mentality,

the economy has been steadily growing for 97 months and NOT just during the last 22 months of the Trump administration?

Obama's economy was awesome!
What was his average growth again?

Also consider what Obama had to spend to bring that same unemployment rate by SIX percentage points,

$9.3 trillion in deficit spending. Is this data somehow showing Obama did a good job?

Yes; the DJIA shows he did a good job.

 

[Dont Taz Me Bro]

Okay, so answer me this. When does it become Trump's economy? Give us a date.

Difficult to set a "date"........

So it could very well be Trump's economy already, couldn't it?

 

[Avatar4321]

This would fall into the category of blinded cult mentality.

As Trump acolytes cheer the robust economy, does reality ever dawn on them that the economy has been steadily growing for 97 months and NOT just during the last 22 months of the Trump administration?

Ask yourselves (if you dare) what the unemployment rate was when Obama took office in 2009,,,and what that rate was when Obama left office.

Also consider what Obama had to spend to bring that same unemployment rate by SIX percentage points, to the almost 2 TRILLION dollars that Trump spent to bring the unemployment rate down by ONE point since he took office.

Reality and sanity is the ONLY way to abstain from a cult mentality,

Okay, so answer me this. When does it become Trump's economy? Give us a date.

Difficult to set a "date"........but lets say this:

When Trump's trade fiascoes go fully into effect......and when morons like McConnell cut social security and Medicare.Medicaid to pay for the TWO trillion dollar loans that Trump borrowed to give to his cronies.......REMEMBER that Trump told his friends at Mar-a-Largo the day after the tax scam was enacted...." I JUST MADE YOU GUYS A LOT OF MONEY...."

So in other words when you think the economy tanks

 

[Doc1]

LOL, lord you Progressives are idiots.

It's almost like you didnt read the OP at all.

Doc never reads other post, he just has a dozen stock answers he post

Doc routinely makes you look stupid Gator I read pretty much everything son, Progressive idiots (Gator that includes you) ALWAYS need to protect the Bamster. This is Rump's economy no matter HOW you idiots try and change that fact. Not to worry though, it's all a ruse. The Banks run things and you'd all better get used to that fact.

Crepitus

Poor Creepy Toes.....these issues are much too complex for you.

 

[Crepitus]

LOL, lord you Progressives are idiots.

It's almost like you didnt read the OP at all.

Doc never reads other post, he just has a dozen stock answers he post

Doc routinely makes you look stupid Gator I read pretty much everything son, Progressive idiots (Gator that includes you) ALWAYS need to protect the Bamster. This is Rump's economy no matter HOW you idiots try and change that fact. Not to worry though, it's all a ruse. The Banks run things and you'd all better get used to that fact.

Crepitus

Poor Creepy Toes.....these issues are much too complex for you.

Lol, sure they are.

Lol.

 

[Doc1]

LOL, lord you Progressives are idiots.

It's almost like you didnt read the OP at all.

Doc never reads other post, he just has a dozen stock answers he post

Doc routinely makes you look stupid Gator I read pretty much everything son, Progressive idiots (Gator that includes you) ALWAYS need to protect the Bamster. This is Rump's economy no matter HOW you idiots try and change that fact. Not to worry though, it's all a ruse. The Banks run things and you'd all better get used to that fact.

Crepitus

Poor Creepy Toes.....these issues are much too complex for you.

Lol, sure they are.

Lol.

Of course they are.
You're over arching intellectual view is that taking money from me and giving it to you is the epitome of intelligence.