Never3ndr
Silver Member
- Feb 29, 2016
- 981
- 143
- 90
Well, I think he is just looking back at history and seeing that we have had higher growth than we have had recently...and asking, "If this was true then, why is it not true now?" He's pointing the blame at one of the more obvious differences (Obama being in office), rather than understanding the underlying fundamentals that go into economic output. In short, I would say he more believes that policies drive an economy (and fiscal policy does in some regards) rather than other factors largely uncontrolled by the government (like population growth or technological advancement).Do you think he understands how population growth would be required? And since that's not going to happen I suspect Republicans are going to bring in lots of Mexicans and muslimsOur economic growth (or the fact that it has tapered off) is a concern...and there are a lot of reasons posited for this.So you are claiming the only way to grow the economy is government spending and adding lots of immigrants. LMFAO.Funny you said that. The only way trump has better growth is infrastructure spending and a lot of immigrants. Is that the plan?Even though BO has double the national debt, doofusses like Mattieboy decry spending on infrastructure, science, and r&d. He has not learned that government spending on just about anything is wasteful, ineffective, and operates much like racketeering aka Cosa Nostra.Who's the driving force behind those changes? Did the failed stimulus plan NOT spend hundreds of millions on infrastructure? Why here in Tallahassee we were "blessed" with a $3.2 MILLION TURTLE TUNNEL under US 27 North.
Has the GDP reached a 3% increase during the term of Lame Duck President Barack Hussein Obama? A simple yes or no will suffice.
To sum most of them up, unless circumstances change, we are not capable of growing as fast as we had in the past. We are going to need a large expansion in population, a major technological breakthrough, a large increase in our labor productivity, etc. to grow faster.
While this is somewhat of a concern, it isn't too concerning. Comparatively we are still seen as the strongest economy, by far, in the world. Unless something drastic changes (and here a change is more likely due to Trump's destabilizing trade stances), we are likely to remain on top for the near, foreseeable future.