DrLove
Diamond Member
- Jun 15, 2016
- 37,715
- 19,908
- Thread starter
- #141
Slow and steady is always the best way out of a recession.The Fed has hiked 6 times since Trump took office and once the month prior.
View attachment 221834
The Fed - Open Market Operations
What Doc can't admit is that the Fed HAD to keep interest rates low throughout the Obama time in office because the economy was so fragile. When they even discussed raising the rate the stock market would immediately go into a free fall.
The economy wasn't particularly fragile under the last six years of Obama my friend.
Slow and steady is always the best way out of a recession.
Donald was handed a Golden Goose.
Obama was the master of slow......
If you look at the graphs on both job creation and the stock market - Trump's line picks up the same basic course. However, this years DJIA is below flatline - especially after yesterdays 800 point dump.
Obama....weakest recovery since WWII.
We've only had one depression and NO recessions since as bad as the one under GWB.
So that's a lame talking point. An amazing recovery happened under Obama.