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- Oct 3, 2017
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Yes, and he inherited a Democratic Congress, TARP that recapitalized the banks and no 2009 budget. His stimulus was signed almost day one and none of the money was spent prior to us coming out of recession according to recovery.org, just another minor detail you want to ignore
A D congress that had barely been in power 2 years...after a president plunged us into 2 wars, committing TRILLIONS of US dollars.
Obama inherited a recession. A recession that was well underway when he took office, and didn't end until a year or two after he took office. He didn't create that, but DESPITE that, the economy turned around. Trump got to reap the rewards of that turn around and years of sustained growth. He was very lucky.
Yes he did and was in that Congress that apparently had no impact on 2007, 2008 or 2009 economic policies as you seem to want to ignore. Total incompetence??
And yet, under his presidency, we saw years of sustained stock growth, reduction in the unemployment rate, and a steady increase in private sector hiring and a reduction in public sector hiring.
As state many times and ignored, a job loss that returns isn't a job created and has also been stated a part time job is included in the employment numbers and isn't to be touted. These are people who wanted full time jobs but couldn't find them in that booming Obama economy
Part time work is better than no work. Obama couldn't force people to hire. But they did, and we've had years of sustained job growth now. Trump has managed not to screw it up, but he is exploding the deficit. I remember when Tea Parties were happening all over the country because of the deficit, and now they're nowhere to be found. Weird.
that is true but misses the point which is intentional on your part, there are two kinds of part time jobs, people who want them and people who want full time jobs but for economic reasons couldn't find one. The latter is what Obama created and that skewed the employment and unemployment numbers. Further you don't want to talk about employment going down 4 million in 2009 with the stimulus and 3 million in 2010 With the stimulus thus that is the base you and the radical left want to use.
Of course we can talk about it. No one expected the recession to end on a dime. With both the US and world economies collapsing, this was never going to be a fast turn around. Of course it was going to take time. And we've had long-term, sustained job growth, long-term, sustained market increases. It's great. And Trump is lucky to have inherited that. But he's also spending the country's money like it's his own. And the deficit is exploding. Where can I find the next tea party rally?
some people, you, just don't have it in your DNA to admit when wrong and to you a thriving economy is massive govt. spending, massive debt and 1.6% GDP growth. Interesting how his numbers are so much better after he left office leaving me to wonder and asking you for information as to what policies he had in place to generate those numbers in 2017 that he was unable to do while creating the worst recovery in U.S. history from a recession??
Worst recovery from a recession? This was the 2nd worst economic downswing in US history. Slow and steady wins the race, my good friend. I'm glad we did it RIGHT instead of FAST. I haven't been wrong about anything, so there's nothing for me to admit.
We have MASSIVE government spending NOW, massive government debt NOW, and Trump claimed he would end it all during his presidency, didn't he? Well, he's got 2 years left in this term, and the problem isn't getting better. We're spending MORE, but you want to call that success? Weird.
Obama was shrinking the deficit over his last few years. Trump decided to tax less and spend more. How's that working?
What is it about liberalism that creates such loyalty on your part, are you a member of the Obama family or Administration. You refuse to see the data and refuse to acknowledge what economist have already acknowledged, Obama made Jimmy Carter look good
I voted for Bush Jr twice, didn't vote for Obama either time, and voted for neither Hillary nor Trump. My only two D votes ever were a D who had the NRA endorsement, and whose opponent lied about campaign finance violations, and for a gubernatorial candidate who had a fantastic record in both the public and private sectors, but was running in deep red state against a far-right darling whose greatest accomplishment is parroting Trump.
But nice try! Facts aren't always fun, but they remain facts. That's too bad for you!