If the economy slides, how much blame would fall on a Democrat house?

[deanrd]

Some history most don't recognize. I guess "they" (media and voters) figure the POTUS controls everything (i.e. simpletons).


During Clinton's best economic years, the Republicans had the majority in the Senate and House.

During Bush's best economic years, the Republicans had the majority in the Senate and House.

During Bush's worst economic years, the Democrats had the majority in the Senate and House.

During Obama's worst economic years, the Democrats had the majority in the Senate and House.

During Obama's best economic years, the Democrats initially had the majority in the Senate, but the Republicans had taken the House. Matter of fact, we didn't experience any economic improvement until after the Reps. took the House......The economy then showed much improvement after the Republicans took the Senate majority as well.

Under Trump the Republicans had the majority in the House and Senate, and the economy was outstanding.

Interesting right? But of course the Democrats won the majority in the House, just because. So, if the economy is to enter a recession, would a Democrat house be the cause or part?

This is ignoring the fact that economies have momentum. They don’t turn over in a day or two days or even a week takes a lot of years to build up. Republicans held both houses under bush for years and finally when Democrats took the house and the senate the Republican mess was just coming home to roost.
Republicans are always trying to blame their mess on somebody else. Even Republicans on the USBB have said the Iraq war is the fault of Democrats. Can you believe that?
Then when something good happens, they try to take credit. Remember when Obama and seal team six took down Bin Laddn?
Republicans had the nerve to claim that it was what they did. They insist they should get the credit for it. Even after they quit looking for bin Laden and closed the CIA unit tasked with finding him.

 

[The Banker]

The parroting rubes have prostrated themselves at the feet of one of the worst evil hucksters in history.

They have compromised every last one of the principles they claimed to hold, and now Trump has exposed them for the empty shells they really are.

Translated to mean the OP and data makes a turn-gender especially angry.

It's funny you tards can tell us what you stand for after I asked.

You don't stand for cutting spending or getting government interference out of the markets or balanced budgets or lower health care costs or family values or honoring our military or honesty. So what DO you stand for?

OUTSTANDING POINT!

I would say they would rather scream ODuma OBuma OMuslim etc etc than really address the issues or facts, because what can they say? Their policies and actions have not done any of the things you have listed.

 

[danielpalos]

if you can't rely on the banker, who can you rely on.

 

[Billy000]

Some history most don't recognize. I guess "they" (media and voters) figure the POTUS controls everything (i.e. simpletons).


During Clinton's best economic years, the Republicans had the majority in the Senate and House.

During Bush's best economic years, the Republicans had the majority in the Senate and House.

During Bush's worst economic years, the Democrats had the majority in the Senate and House.

During Obama's worst economic years, the Democrats had the majority in the Senate and House.

During Obama's best economic years, the Democrats initially had the majority in the Senate, but the Republicans had taken the House. Matter of fact, we didn't experience any economic improvement until after the Reps. took the House......The economy then showed much improvement after the Republicans took the Senate majority as well.

Under Trump the Republicans had the majority in the House and Senate, and the economy was outstanding.

Interesting right? But of course the Democrats won the majority in the House, just because. So, if the economy is to enter a recession, would a Democrat house be the cause or part?

Hold the fucking phone. Under democrat rule in 2009, the recession Obama inherited ended and a string of job growth has occurred ever since.

LOL..........Billy change your avatar to something reflective, PLEASE. Something to the effect of uninformed, foolish, ignorant, cowardly and spastic.

Compare Today's Unemployment with the Past

Uh yeah, thanks to Obama, the job growth has not stopped since then.

 

[Ray From Cleveland]

Some history most don't recognize. I guess "they" (media and voters) figure the POTUS controls everything (i.e. simpletons).


During Clinton's best economic years, the Republicans had the majority in the Senate and House.

During Bush's best economic years, the Republicans had the majority in the Senate and House.

During Bush's worst economic years, the Democrats had the majority in the Senate and House.

During Obama's worst economic years, the Democrats had the majority in the Senate and House.

During Obama's best economic years, the Democrats initially had the majority in the Senate, but the Republicans had taken the House. Matter of fact, we didn't experience any economic improvement until after the Reps. took the House......The economy then showed much improvement after the Republicans took the Senate majority as well.

Under Trump the Republicans had the majority in the House and Senate, and the economy was outstanding.

Interesting right? But of course the Democrats won the majority in the House, just because. So, if the economy is to enter a recession, would a Democrat house be the cause or part?

Hold the fucking phone. Under democrat rule in 2009, the recession Obama inherited ended and a string of job growth has occurred ever since.

LOL..........Billy change your avatar to something reflective, PLEASE. Something to the effect of uninformed, foolish, ignorant, cowardly and spastic.

Compare Today's Unemployment with the Past

Uh yeah, thanks to Obama, the job growth has not stopped since then.

That Obama is some guy. Two years later and he's solely responsible for our economy today. Sneaky little devil.

 

[Ray From Cleveland]

Some history most don't recognize. I guess "they" (media and voters) figure the POTUS controls everything (i.e. simpletons).


During Clinton's best economic years, the Republicans had the majority in the Senate and House.

During Bush's best economic years, the Republicans had the majority in the Senate and House.

During Bush's worst economic years, the Democrats had the majority in the Senate and House.

During Obama's worst economic years, the Democrats had the majority in the Senate and House.

During Obama's best economic years, the Democrats initially had the majority in the Senate, but the Republicans had taken the House. Matter of fact, we didn't experience any economic improvement until after the Reps. took the House......The economy then showed much improvement after the Republicans took the Senate majority as well.

Under Trump the Republicans had the majority in the House and Senate, and the economy was outstanding.

Interesting right? But of course the Democrats won the majority in the House, just because. So, if the economy is to enter a recession, would a Democrat house be the cause or part?

This is ignoring the fact that economies have momentum. They don’t turn over in a day or two days or even a week takes a lot of years to build up. Republicans held both houses under bush for years and finally when Democrats took the house and the senate the Republican mess was just coming home to roost.
Republicans are always trying to blame their mess on somebody else. Even Republicans on the USBB have said the Iraq war is the fault of Democrats. Can you believe that?
Then when something good happens, they try to take credit. Remember when Obama and seal team six took down Bin Laddn?
Republicans had the nerve to claim that it was what they did. They insist they should get the credit for it. Even after they quit looking for bin Laden and closed the CIA unit tasked with finding him.

I've always said the best part about being a Democrat is you're never at fault for anything.

 

[initforme]

The buck stops at the top when the economy slides....always. The young workers in this nation are the brightest most productive hard workers in the world. Employers have never had a better pool of hard workers than they do today.

 

[ABikerSailor]

Some history most don't recognize. I guess "they" (media and voters) figure the POTUS controls everything (i.e. simpletons).


During Clinton's best economic years, the Republicans had the majority in the Senate and House.

During Bush's best economic years, the Republicans had the majority in the Senate and House.

During Bush's worst economic years, the Democrats had the majority in the Senate and House.

During Obama's worst economic years, the Democrats had the majority in the Senate and House.

During Obama's best economic years, the Democrats initially had the majority in the Senate, but the Republicans had taken the House. Matter of fact, we didn't experience any economic improvement until after the Reps. took the House......The economy then showed much improvement after the Republicans took the Senate majority as well.

Under Trump the Republicans had the majority in the House and Senate, and the economy was outstanding.

Interesting right? But of course the Democrats won the majority in the House, just because. So, if the economy is to enter a recession, would a Democrat house be the cause or part?

Hold the fucking phone. Under democrat rule in 2009, the recession Obama inherited ended and a string of job growth has occurred ever since.

LOL..........Billy change your avatar to something reflective, PLEASE. Something to the effect of uninformed, foolish, ignorant, cowardly and spastic.

Compare Today's Unemployment with the Past

Uh yeah, thanks to Obama, the job growth has not stopped since then.

That Obama is some guy. Two years later and he's solely responsible for our economy today. Sneaky little devil.

The economy stopped being Obama's and became Trumps when he was able to get his tax cuts passed. It was further solidified as Trumps when he got his tariffs enacted for his trade war.

 

[Ray From Cleveland]

Some history most don't recognize. I guess "they" (media and voters) figure the POTUS controls everything (i.e. simpletons).


During Clinton's best economic years, the Republicans had the majority in the Senate and House.

During Bush's best economic years, the Republicans had the majority in the Senate and House.

During Bush's worst economic years, the Democrats had the majority in the Senate and House.

During Obama's worst economic years, the Democrats had the majority in the Senate and House.

During Obama's best economic years, the Democrats initially had the majority in the Senate, but the Republicans had taken the House. Matter of fact, we didn't experience any economic improvement until after the Reps. took the House......The economy then showed much improvement after the Republicans took the Senate majority as well.

Under Trump the Republicans had the majority in the House and Senate, and the economy was outstanding.

Interesting right? But of course the Democrats won the majority in the House, just because. So, if the economy is to enter a recession, would a Democrat house be the cause or part?

Hold the fucking phone. Under democrat rule in 2009, the recession Obama inherited ended and a string of job growth has occurred ever since.

LOL..........Billy change your avatar to something reflective, PLEASE. Something to the effect of uninformed, foolish, ignorant, cowardly and spastic.

Compare Today's Unemployment with the Past

Uh yeah, thanks to Obama, the job growth has not stopped since then.

That Obama is some guy. Two years later and he's solely responsible for our economy today. Sneaky little devil.

The economy stopped being Obama's and became Trumps when he was able to get his tax cuts passed. It was further solidified as Trumps when he got his tariffs enacted for his trade war.

Yes it was, but try to convince your cohorts of that. As far as they are concerned, it will be an Obama economy until it starts to go down. Then it will be a Trump economy.

 

[Thinker101]

Hold the fucking phone. Under democrat rule in 2009, the recession Obama inherited ended and a string of job growth has occurred ever since.

LOL..........Billy change your avatar to something reflective, PLEASE. Something to the effect of uninformed, foolish, ignorant, cowardly and spastic.

Compare Today's Unemployment with the Past

Uh yeah, thanks to Obama, the job growth has not stopped since then.

That Obama is some guy. Two years later and he's solely responsible for our economy today. Sneaky little devil.

The economy stopped being Obama's and became Trumps when he was able to get his tax cuts passed. It was further solidified as Trumps when he got his tariffs enacted for his trade war.

Yes it was, but try to convince your cohorts of that. As far as they are concerned, it will be an Obama economy until it starts to go down. Then it will be a Trump economy.

Then when it starts to go back up, it will become Obama's economy....meanwhile they'll scamper around insisting "they" never said such a thing.

 

[The Banker]

Some history most don't recognize. I guess "they" (media and voters) figure the POTUS controls everything (i.e. simpletons).


During Clinton's best economic years, the Republicans had the majority in the Senate and House.

During Bush's best economic years, the Republicans had the majority in the Senate and House.

During Bush's worst economic years, the Democrats had the majority in the Senate and House.

During Obama's worst economic years, the Democrats had the majority in the Senate and House.

During Obama's best economic years, the Democrats initially had the majority in the Senate, but the Republicans had taken the House. Matter of fact, we didn't experience any economic improvement until after the Reps. took the House......The economy then showed much improvement after the Republicans took the Senate majority as well.

Under Trump the Republicans had the majority in the House and Senate, and the economy was outstanding.

Interesting right? But of course the Democrats won the majority in the House, just because. So, if the economy is to enter a recession, would a Democrat house be the cause or part?

This is ignoring the fact that economies have momentum. They don’t turn over in a day or two days or even a week takes a lot of years to build up. Republicans held both houses under bush for years and finally when Democrats took the house and the senate the Republican mess was just coming home to roost.
Republicans are always trying to blame their mess on somebody else. Even Republicans on the USBB have said the Iraq war is the fault of Democrats. Can you believe that?
Then when something good happens, they try to take credit. Remember when Obama and seal team six took down Bin Laddn?
Republicans had the nerve to claim that it was what they did. They insist they should get the credit for it. Even after they quit looking for bin Laden and closed the CIA unit tasked with finding him.

Some history most don't recognize. I guess "they" (media and voters) figure the POTUS controls everything (i.e. simpletons).


During Clinton's best economic years, the Republicans had the majority in the Senate and House.

During Bush's best economic years, the Republicans had the majority in the Senate and House.

During Bush's worst economic years, the Democrats had the majority in the Senate and House.

During Obama's worst economic years, the Democrats had the majority in the Senate and House.

During Obama's best economic years, the Democrats initially had the majority in the Senate, but the Republicans had taken the House. Matter of fact, we didn't experience any economic improvement until after the Reps. took the House......The economy then showed much improvement after the Republicans took the Senate majority as well.

Under Trump the Republicans had the majority in the House and Senate, and the economy was outstanding.

Interesting right? But of course the Democrats won the majority in the House, just because. So, if the economy is to enter a recession, would a Democrat house be the cause or part?

Hold the fucking phone. Under democrat rule in 2009, the recession Obama inherited ended and a string of job growth has occurred ever since.

LOL..........Billy change your avatar to something reflective, PLEASE. Something to the effect of uninformed, foolish, ignorant, cowardly and spastic.

Compare Today's Unemployment with the Past

Uh yeah, thanks to Obama, the job growth has not stopped since then.

That Obama is some guy. Two years later and he's solely responsible for our economy today. Sneaky little devil.

Who has said that? The economy we have now is good and Trump has aided it by borrowing literally Trillions of dollars, the equivalent of Obama's stimulus that was much needed after an epic global recession, Trump has borrowed and injected into the economy 8 years into an expansion. This is unprecedented, but of course that much borrowed stimulus will cause a small pop and it has. If you think what Trump has done is good, or that borrowing another Obama stimulus 8 years into an economic expansion is even remotely sane and rational then you still have a lot to learn.

The big problem is you have failed to give Obama any credit for his successes, he created 15 million jobs and passed off an economy adding ~200k jobs a month the same rate as Trump. Trump has only had 2 good quarters of GDP, Obama had 5. Trump has set the country and economy up for complete and total disaster just like Bush and if you can't understand this then there is no point in debating you because you can't understand simple economics.

The difference between Trump and Obama is that Obama inherited the worst economy since 1930, and Trump inherited a good economy.

 

[Ray From Cleveland]

Some history most don't recognize. I guess "they" (media and voters) figure the POTUS controls everything (i.e. simpletons).


During Clinton's best economic years, the Republicans had the majority in the Senate and House.

During Bush's best economic years, the Republicans had the majority in the Senate and House.

During Bush's worst economic years, the Democrats had the majority in the Senate and House.

During Obama's worst economic years, the Democrats had the majority in the Senate and House.

During Obama's best economic years, the Democrats initially had the majority in the Senate, but the Republicans had taken the House. Matter of fact, we didn't experience any economic improvement until after the Reps. took the House......The economy then showed much improvement after the Republicans took the Senate majority as well.

Under Trump the Republicans had the majority in the House and Senate, and the economy was outstanding.

Interesting right? But of course the Democrats won the majority in the House, just because. So, if the economy is to enter a recession, would a Democrat house be the cause or part?

This is ignoring the fact that economies have momentum. They don’t turn over in a day or two days or even a week takes a lot of years to build up. Republicans held both houses under bush for years and finally when Democrats took the house and the senate the Republican mess was just coming home to roost.
Republicans are always trying to blame their mess on somebody else. Even Republicans on the USBB have said the Iraq war is the fault of Democrats. Can you believe that?
Then when something good happens, they try to take credit. Remember when Obama and seal team six took down Bin Laddn?
Republicans had the nerve to claim that it was what they did. They insist they should get the credit for it. Even after they quit looking for bin Laden and closed the CIA unit tasked with finding him.

Some history most don't recognize. I guess "they" (media and voters) figure the POTUS controls everything (i.e. simpletons).


During Clinton's best economic years, the Republicans had the majority in the Senate and House.

During Bush's best economic years, the Republicans had the majority in the Senate and House.

During Bush's worst economic years, the Democrats had the majority in the Senate and House.

During Obama's worst economic years, the Democrats had the majority in the Senate and House.

During Obama's best economic years, the Democrats initially had the majority in the Senate, but the Republicans had taken the House. Matter of fact, we didn't experience any economic improvement until after the Reps. took the House......The economy then showed much improvement after the Republicans took the Senate majority as well.

Under Trump the Republicans had the majority in the House and Senate, and the economy was outstanding.

Interesting right? But of course the Democrats won the majority in the House, just because. So, if the economy is to enter a recession, would a Democrat house be the cause or part?

Hold the fucking phone. Under democrat rule in 2009, the recession Obama inherited ended and a string of job growth has occurred ever since.

LOL..........Billy change your avatar to something reflective, PLEASE. Something to the effect of uninformed, foolish, ignorant, cowardly and spastic.

Compare Today's Unemployment with the Past

Uh yeah, thanks to Obama, the job growth has not stopped since then.

That Obama is some guy. Two years later and he's solely responsible for our economy today. Sneaky little devil.

Who has said that? The economy we have now is good and Trump has aided it by borrowing literally Trillions of dollars, the equivalent of Obama's stimulus that was much needed after an epic global recession, Trump has borrowed and injected into the economy 8 years into an expansion. This is unprecedented, but of course that much borrowed stimulus will cause a small pop and it has. If you think what Trump has done is good, or that borrowing another Obama stimulus 8 years into an economic expansion is even remotely sane and rational then you still have a lot to learn.

The big problem is you have failed to give Obama any credit for his successes, he created 15 million jobs and passed off an economy adding ~200k jobs a month the same rate as Trump. Trump has only had 2 good quarters of GDP, Obama had 5. Trump has set the country and economy up for complete and total disaster just like Bush and if you can't understand this then there is no point in debating you because you can't understand simple economics.

The difference between Trump and Obama is that Obama inherited the worst economy since 1930, and Trump inherited a good economy.

And what you don't understand about economics is that when the economy is down, there is little to go but upwards. When the economy is up, there is little to go but level or downwards. Trump took an up economy and increased it even more.

Like I said, I'll give anybody credit for economic success if they can show me the policy that caused it. And no, the Pork bill did't do squat. It was merely a payback to Obama' union buddies.

If not for the feds dumping trillion of dollars into the market, DumBama wouldn't have made it to a second term. The economy wouldn't have done squat.

One more lesson about economics: The government doesn't create jobs--the private sector does. All government can do is make it easier or more difficult for the private sector to do it's part. You will have a hard time trying to claim that the most anti-business President in our lifetime was so successful at creating jobs because he had the business confidence.

 

[The Banker]

And what you don't understand about economics is that when the economy is down, there is little to go but upwards.

Sorry, but that is not an accurate statement. What about Europe 2008-2014, what about Japan and their "lost decade" what about the US after the great depression? What you don't understand is that when you have such an epic collapse like we did the economy can always grind lower, and there are MANY examples to prove this as I have just mentioned some.

The US unemployment rate peaked at 10% in 2010, meanwhile the European unemployment rate took another leg down and peaked out at 12+% in 2013-2014. The US led the world in the global recovery after the crisis and we are the only country to start raising rates, which started under Obama. Obama did it right whereas the rest of the world did not.

What did Obama do to cause the recovery? He restored confidence and stability in America (after the chaos and carnage of Bush) and stimulated the economy to increase asset prices and encourage growth and hiring. His economic policy led to an increase in asset prices (which was it's exact purpose), which led to an increase in wealth, this led to an increase in investment, this all started the new economic cycle, which led to the 15 million jobs created. As I said Europe and Japan's lost decade did not do this and the results were poor.

Obama could have definitely done better. The bank regulations were way too strict and reactionary, more deregulation would have helped, bad timing for Obamacare, but Obama deserves credit for inheriting the worst economy ever and turning it around quickly and much quicker than the other countries.

One quick example- look at out energy policy, we became and exporter of oil and Nat gas (first time since the 70s) under Obama as he personally passed orders to do so and proposed the infrastructure to do so.

 

[Ray From Cleveland]

And what you don't understand about economics is that when the economy is down, there is little to go but upwards.

Sorry, but that is not an accurate statement. What about Europe 2008-2014, what about Japan and their "lost decade" what about the US after the great depression? What you don't understand is that when you have such an epic collapse like we did the economy can always grind lower, and there are MANY examples to prove this as I have just mentioned some.

The US unemployment rate peaked at 10% in 2010, meanwhile the European unemployment rate took another leg down and peaked out at 12+% in 2013-2014. The US led the world in the global recovery after the crisis and we are the only country to start raising rates, which started under Obama. Obama did it right whereas the rest of the world did not.

What did Obama do to cause the recovery? He restored confidence and stability in America (after the chaos and carnage of Bush) and stimulated the economy to increase asset prices and encourage growth and hiring. His economic policy led to an increase in asset prices (which was it's exact purpose), which led to an increase in wealth, this led to an increase in investment, this all started the new economic cycle, which led to the 15 million jobs created. As I said Europe and Japan's lost decade did not do this and the results were poor.

Obama could have definitely done better. The bank regulations were way too strict and reactionary, more deregulation would have helped, bad timing for Obamacare, but Obama deserves credit for inheriting the worst economy ever and turning it around quickly and much quicker than the other countries.

One quick example- look at out energy policy, we became and exporter of oil and Nat gas (first time since the 70s) under Obama as he personally passed orders to do so and proposed the infrastructure to do so.

Which is an out and out lie. Fuel prices decreased thanks to the abundance of fuel created by fracking technology; fracking, the thing DumBama and the Democrats hate so much. Fracking, one of the top five grievances by the environmentalists.

Obama had no economic policy. That's the point. He did nothing for businesses but burden them with Commie Care and more government regulations. That doesn't help create jobs and additional costs to businesses certainly doesn't give them much confidence.

Obama Administration Approving Only 35 Percent of Gulf Drilling Plans

Oil, gas production on federal land tanked under Obama

Obama didn't start approving anything until after fuel prices started to decrease. The only reason for that was to take credit for something he never did as new oil exploration and setup takes several years before new oil hits the market.

 

[The Banker]

And what you don't understand about economics is that when the economy is down, there is little to go but upwards.

Sorry, but that is not an accurate statement. What about Europe 2008-2014, what about Japan and their "lost decade" what about the US after the great depression? What you don't understand is that when you have such an epic collapse like we did the economy can always grind lower, and there are MANY examples to prove this as I have just mentioned some.

The US unemployment rate peaked at 10% in 2010, meanwhile the European unemployment rate took another leg down and peaked out at 12+% in 2013-2014. The US led the world in the global recovery after the crisis and we are the only country to start raising rates, which started under Obama. Obama did it right whereas the rest of the world did not.

What did Obama do to cause the recovery? He restored confidence and stability in America (after the chaos and carnage of Bush) and stimulated the economy to increase asset prices and encourage growth and hiring. His economic policy led to an increase in asset prices (which was it's exact purpose), which led to an increase in wealth, this led to an increase in investment, this all started the new economic cycle, which led to the 15 million jobs created. As I said Europe and Japan's lost decade did not do this and the results were poor.

Obama could have definitely done better. The bank regulations were way too strict and reactionary, more deregulation would have helped, bad timing for Obamacare, but Obama deserves credit for inheriting the worst economy ever and turning it around quickly and much quicker than the other countries.

One quick example- look at out energy policy, we became and exporter of oil and Nat gas (first time since the 70s) under Obama as he personally passed orders to do so and proposed the infrastructure to do so.

Which is an out and out lie. Fuel prices decreased thanks to the abundance of fuel created by fracking technology; fracking, the thing DumBama and the Democrats hate so much. Fracking, one of the top five grievances by the environmentalists.

Obama had no economic policy. That's the point. He did nothing for businesses but burden them with Commie Care and more government regulations. That doesn't help create jobs and additional costs to businesses certainly doesn't give them much confidence.

Obama Administration Approving Only 35 Percent of Gulf Drilling Plans

Oil, gas production on federal land tanked under Obama

Obama didn't start approving anything until after fuel prices started to decrease. The only reason for that was to take credit for something he never did as new oil exploration and setup takes several years before new oil hits the market.

I just laid out Obama's economic policy and it worked, so if you can't see that I don't know what to tell you. Have you ever read a Wall Street Journal or any other reputable financial newspaper?

I never said anything about fuel prices I said energy policy. He lifted the ban on oil exports, which the oil industry loved and environmentalists hated, he proposed essential infrastructure to export LNG. Who cares about production on federal land as our production was at an all time record and cracked the market. production would have increased further but the price of energy was so low that the market dictated decreased production because it wasn't profitable. The US was and still is producing record energy, so much so that global prices imploded and production has actually dropped off because prices were so low, so how can you complain about that?

You are in complete denial of reality and can't give any credit to anyone that doesn't have an R next to their name, plain and simple. BTW saying DumBama is idiotic and belittle's your arguments.

 

[initforme]

If one ounce of oil produced in the us goes overseas there is something wrong. America first.

 

[Dont Taz Me Bro]

It depends.

For crazed partisan ideologues, everything bad is the other party's fault, no matter what, 100%, period, always.

For a majority of Americans, people who aren't intellectually paralyzed by an ideology, any blame would be spread appropriately.
.

Actually, people always seem to lay the blame on the president

 

[danielpalos]

Some history most don't recognize. I guess "they" (media and voters) figure the POTUS controls everything (i.e. simpletons).


During Clinton's best economic years, the Republicans had the majority in the Senate and House.

During Bush's best economic years, the Republicans had the majority in the Senate and House.

During Bush's worst economic years, the Democrats had the majority in the Senate and House.

During Obama's worst economic years, the Democrats had the majority in the Senate and House.

During Obama's best economic years, the Democrats initially had the majority in the Senate, but the Republicans had taken the House. Matter of fact, we didn't experience any economic improvement until after the Reps. took the House......The economy then showed much improvement after the Republicans took the Senate majority as well.

Under Trump the Republicans had the majority in the House and Senate, and the economy was outstanding.

Interesting right? But of course the Democrats won the majority in the House, just because. So, if the economy is to enter a recession, would a Democrat house be the cause or part?

This is ignoring the fact that economies have momentum. They don’t turn over in a day or two days or even a week takes a lot of years to build up. Republicans held both houses under bush for years and finally when Democrats took the house and the senate the Republican mess was just coming home to roost.
Republicans are always trying to blame their mess on somebody else. Even Republicans on the USBB have said the Iraq war is the fault of Democrats. Can you believe that?
Then when something good happens, they try to take credit. Remember when Obama and seal team six took down Bin Laddn?
Republicans had the nerve to claim that it was what they did. They insist they should get the credit for it. Even after they quit looking for bin Laden and closed the CIA unit tasked with finding him.

Hold the fucking phone. Under democrat rule in 2009, the recession Obama inherited ended and a string of job growth has occurred ever since.

LOL..........Billy change your avatar to something reflective, PLEASE. Something to the effect of uninformed, foolish, ignorant, cowardly and spastic.

Compare Today's Unemployment with the Past

Uh yeah, thanks to Obama, the job growth has not stopped since then.

That Obama is some guy. Two years later and he's solely responsible for our economy today. Sneaky little devil.

Who has said that? The economy we have now is good and Trump has aided it by borrowing literally Trillions of dollars, the equivalent of Obama's stimulus that was much needed after an epic global recession, Trump has borrowed and injected into the economy 8 years into an expansion. This is unprecedented, but of course that much borrowed stimulus will cause a small pop and it has. If you think what Trump has done is good, or that borrowing another Obama stimulus 8 years into an economic expansion is even remotely sane and rational then you still have a lot to learn.

The big problem is you have failed to give Obama any credit for his successes, he created 15 million jobs and passed off an economy adding ~200k jobs a month the same rate as Trump. Trump has only had 2 good quarters of GDP, Obama had 5. Trump has set the country and economy up for complete and total disaster just like Bush and if you can't understand this then there is no point in debating you because you can't understand simple economics.

The difference between Trump and Obama is that Obama inherited the worst economy since 1930, and Trump inherited a good economy.

And what you don't understand about economics is that when the economy is down, there is little to go but upwards. When the economy is up, there is little to go but level or downwards. Trump took an up economy and increased it even more.

Like I said, I'll give anybody credit for economic success if they can show me the policy that caused it. And no, the Pork bill did't do squat. It was merely a payback to Obama' union buddies.

If not for the feds dumping trillion of dollars into the market, DumBama wouldn't have made it to a second term. The economy wouldn't have done squat.

One more lesson about economics: The government doesn't create jobs--the private sector does. All government can do is make it easier or more difficult for the private sector to do it's part. You will have a hard time trying to claim that the most anti-business President in our lifetime was so successful at creating jobs because he had the business confidence.

it was Trending upwards, regardless.

 

[Ray From Cleveland]

And what you don't understand about economics is that when the economy is down, there is little to go but upwards.

Sorry, but that is not an accurate statement. What about Europe 2008-2014, what about Japan and their "lost decade" what about the US after the great depression? What you don't understand is that when you have such an epic collapse like we did the economy can always grind lower, and there are MANY examples to prove this as I have just mentioned some.

The US unemployment rate peaked at 10% in 2010, meanwhile the European unemployment rate took another leg down and peaked out at 12+% in 2013-2014. The US led the world in the global recovery after the crisis and we are the only country to start raising rates, which started under Obama. Obama did it right whereas the rest of the world did not.

What did Obama do to cause the recovery? He restored confidence and stability in America (after the chaos and carnage of Bush) and stimulated the economy to increase asset prices and encourage growth and hiring. His economic policy led to an increase in asset prices (which was it's exact purpose), which led to an increase in wealth, this led to an increase in investment, this all started the new economic cycle, which led to the 15 million jobs created. As I said Europe and Japan's lost decade did not do this and the results were poor.

Obama could have definitely done better. The bank regulations were way too strict and reactionary, more deregulation would have helped, bad timing for Obamacare, but Obama deserves credit for inheriting the worst economy ever and turning it around quickly and much quicker than the other countries.

One quick example- look at out energy policy, we became and exporter of oil and Nat gas (first time since the 70s) under Obama as he personally passed orders to do so and proposed the infrastructure to do so.

Which is an out and out lie. Fuel prices decreased thanks to the abundance of fuel created by fracking technology; fracking, the thing DumBama and the Democrats hate so much. Fracking, one of the top five grievances by the environmentalists.

Obama had no economic policy. That's the point. He did nothing for businesses but burden them with Commie Care and more government regulations. That doesn't help create jobs and additional costs to businesses certainly doesn't give them much confidence.

Obama Administration Approving Only 35 Percent of Gulf Drilling Plans

Oil, gas production on federal land tanked under Obama

Obama didn't start approving anything until after fuel prices started to decrease. The only reason for that was to take credit for something he never did as new oil exploration and setup takes several years before new oil hits the market.

I just laid out Obama's economic policy and it worked, so if you can't see that I don't know what to tell you. Have you ever read a Wall Street Journal or any other reputable financial newspaper?

I never said anything about fuel prices I said energy policy. He lifted the ban on oil exports, which the oil industry loved and environmentalists hated, he proposed essential infrastructure to export LNG. Who cares about production on federal land as our production was at an all time record and cracked the market. production would have increased further but the price of energy was so low that the market dictated decreased production because it wasn't profitable. The US was and still is producing record energy, so much so that global prices imploded and production has actually dropped off because prices were so low, so how can you complain about that?

You are in complete denial of reality and can't give any credit to anyone that doesn't have an R next to their name, plain and simple. BTW saying DumBama is idiotic and belittle's your arguments.

The energy produced was on private land which Obama had very little control of. Energy policy is related to fuel prices.

As for lifting the ban, that was a Republican congressional bill that the Democrats were against. In order to get it through and signed by Obama, they had to extend tax credits for wind and solar energy for an additional five years. While that didn't meet approval of environmentalists, at least Democrats didn't make any enemies by allowing the bill to go through. Democrats were able to tell their followers they got something out of the trade off.

 

[Centrista]

Some history most don't recognize. I guess "they" (media and voters) figure the POTUS controls everything (i.e. simpletons).


During Clinton's best economic years, the Republicans had the majority in the Senate and House.

During Bush's best economic years, the Republicans had the majority in the Senate and House.

During Bush's worst economic years, the Democrats had the majority in the Senate and House.

During Obama's worst economic years, the Democrats had the majority in the Senate and House.

During Obama's best economic years, the Democrats initially had the majority in the Senate, but the Republicans had taken the House. Matter of fact, we didn't experience any economic improvement until after the Reps. took the House......The economy then showed much improvement after the Republicans took the Senate majority as well.

Under Trump the Republicans had the majority in the House and Senate, and the economy was outstanding.

Interesting right? But of course the Democrats won the majority in the House, just because. So, if the economy is to enter a recession, would a Democrat house be the cause or part?

Trump is gonna blame the Fed.


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