Just to bring us back to the Obama economy
- Thread starter reason10
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EatTheRich
President
The “Obama high mark” was in 2009, not 2017. The economy Trump inherited was far better than the worst Obama had to deal with. And the economy now is far worse than Obama’s in 2009, and Covid is only one reason why.
The stock market increased 148% under Obama. Will trump get to 50,000? I’ll take any bet.
Drumcollie
* See DC's list of Kook posters*
How worse is the economy than in 2009...Being up 4000 from where Trump started?
EatTheRich
President
Unemployment is worse.
Drumcollie
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Do like Barack did...Get rid of Pelosi as Speaker. That helped America get jobs back, then stop government bailout and let the economy flourish.
Remember Obama's new normal was 4.7 percent and Trump's was 3.5.
Obama's Final Numbers - FactCheck.org
The numbers are nearly all in now. What they show about what really happened during the eight years that Barack Obama was president is sometimes different from what politicians claimed.
www.factcheck.org
Clearly Pelosi is the problem.
Drumcollie
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Back an Obama economy...Ummm no!
reason10
Governor
No he did not. He inherited the absolute WORST economy in history.
https://www.investors.com/politics/editorials/obama-trump-booming-economy/
By the way, are you saying THESE conservatives hate black people?
reason10
Governor
Only a MORON trusts the left wing biased hack rag FactCheck.
It has NOTHING to do with the facts.
But THIS is the facts.
https://www.investors.com/politics/editorials/obama-trump-booming-economy/
EatTheRich
President
Right, Trump’s numbers are much worse.
EatTheRich
President
Economic growth slowed down in Trump’s first two years. Jobs growth too. Simple as that.
Drumcollie
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The closer you get to zero the slower it goes. Why did Obama say the "new normal" would be high unemployment?
Drumcollie
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Ummm...No. But Pelosi's are, again for the second time...Common denominator.
EatTheRich
President
He was preparing us for reality. That unemployment was “close [enough to be an issue for Trump’s numbers] to zero” under Obama invalidates the claim that it was all that high.
EatTheRich
President
How come we had years of improvement with Pelosi and Obama in office?
Drumcollie
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How come it got better after Pelosi left as Speaker...See how the growth takes off after 2011.
Drumcollie
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Wrong...He was just lazy and Trump proved it.
EatTheRich
President
No, it really looks like it started turning around in January 2009
EatTheRich
President
Unemployment when Obama took office: 7.6% and rising at a rate of 2.7 percentage points per year.
Unemployment when Trump took office: 4.7% and falling at a rate of 0.3 percentage points per year.
Unemployment last month: 14.7% and rising at a rate of 44.4 percentage points per year.
