After GOP Sabotaged Obama, Trump Looks To Scapegoat Democrats For Slowing Economy

Discussion in 'Politics' started by skews13, Aug 25, 2019.

  1. skews13
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    skews13 Gold Member

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    As Donald Trump’s bragging about the economy reached a crescendo last fall, former Obama White House communications director Jen Psaki provided a helpful reality check for the American people. “A buffoon could have kept the recovery going,” Psaki explained, “and in fact one has so far.” That Trump had inherited an Obama boom, an expansion which kept rolling into 2019, was indisputable. As the trend lines for gross domestic product, job creation, the unemployment rate, the major stock market indices, consumer confidence, median household income, and more confirmed, the American economy was on a very healthy path when Barack Obama handed over the controls to Trump on January 20, 2017.

    But now, the buffoon in the Oval Office is apparently running out of luck. As predicted by the Congressional Budget Office (CBO) and most observers, the small bump from the GOP’s “Tax Cuts and Jobs Act” of December 2017 was short-lived. As also forecast, the hemorrhage of red ink caused by Trump’s windfall for the wealthy will not be: In 2020 the annual budget deficit will hit $1 trillion, double the Obama-era low in 2015. Under Trump, trillion-dollar deficits will continue for the foreseeable future. Worse still, CBO and other analysts are warning that Trump’s dangerously misguided trade war with China is hitting American consumers and the U.S. economy hard. Calendar-year growth is now pegged at 2.3%; in 2020 CBO is cautioning, GDP growth will only be 1.8%. With Germany and the U.K. already entering recession territory, economists are sounding the alarm that the United States could be next.

    For the 45th president of the United States, the real culprit for these worrying economic developments can be found in his own mirror. But Trump’s ego, and the entire rationale for his 2020 re-election campaign, both depend on denying that inescapable truth. So Donald Trump is doing what he does: blaming someone else for his own obvious failures. His Federal Reserve chairman, the media, and, of course, Democrats, he insists, are guilty of trying to sabotage an American economy he wrongly calls the “best ever.” As he put it on August 15:


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    Last edited by a moderator: Aug 25, 2019
  2. kyzr
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    kyzr Gold Member

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    Take that stroll. Obama said that "those manufacturing jobs are not coming back".
    Trump is bringing them back, as many as he can, does that clarify things for you?


     
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  3. toobfreak
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    toobfreak Gold Member

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    Man, you clueless brain-dead leftard suckers will believe or say anything! Funny that there wasn't any mention ever of an "Obama boom" at any time while that floppy-eared useless bastard was actually in office! In fact, it was the day Trump stepped into the WH that the economy and DOW Jones shot up like a sky rocket! :auiqs.jpg: :auiqs.jpg: :auiqs.jpg: :auiqs.jpg: :auiqs.jpg:
     
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  4. CrusaderFrank
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    CrusaderFrank Diamond Member

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    Didn't Obama just finish taking credit for the economy
     
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  5. BluesLegend
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    BluesLegend Diamond Member

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    The left's TDS and butthurt has reached epic proportions, yet another Trump record. :eusa_dance:
     
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  6. Bruce_T_Laney
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    Bruce_T_Laney Gold Member

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    So Obama was slowed and blocked by the GOP House?

    Wow!

    They say Trumpsters view Trump as a King but you also view Obama as the only person that had anything to do with the economy...

    It take more than one person to run this country economy and if you do not know this then learn it!
     
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  7. Slade3200
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    Slade3200 Gold Member

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    Interesting. Do you have any data to back that up? Obama vs Trump
     
  8. BluesLegend
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    BluesLegend Diamond Member

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    Even Obama can't keep up with the fake news economic spin and flip flops.
     
  9. Slade3200
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    Slade3200 Gold Member

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    It’s not a good thing when half the country can’t stand our leader. Don’t know why you seem to be bragging about that.
     
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  10. BluesLegend
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    BluesLegend Diamond Member

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    Meh, we can't stand them right back. We will never compromise with the left, assume we will fight those traitors tooth and nail on everything from here on out.
     
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