So how is Obama responsible for the Trump economy?

[Wry Catcher]

That all depends on how you count the jobs, and who is doing the counting. The often-quoted "4 million jobs created" in Obama's last term doesn't mention how many jobs were being lost at the same time.

That's NET jobs you dolt

It isn't "net jobs" when people are dropping out of the workforce and not even being counted any more, zipperhead. Obama also had the worst economic growth this country has ever seen. He was the only President who never had a whole year of 3% GDP growth. His average annual growth rate was only 1.48%, which was the weakest of any expansion since at least 1949.

Q. Why were people leaving the work force

A. Baby Boomers were retiring in very large numbers.

You use of averages are a fools choice.

 

[Lesh]

Trump's policies went into effect immediately after he signed the orders.

Ya mean the job killing tarrifs that are freaking Wall Street out and destroying our 401Ks?

 

[Lesh]

So it took Obama 8 years before he could achieve a 4 million net job increase, and Trump did it in only 18 months?

Are really that stupid?

How does 18 months translate to 8 years dolt?

 

[JGalt]

That all depends on how you count the jobs, and who is doing the counting. The often-quoted "4 million jobs created" in Obama's last term doesn't mention how many jobs were being lost at the same time.

That's NET jobs you dolt

It isn't "net jobs" when people are dropping out of the workforce and not even being counted any more, zipperhead. Obama also had the worst economic growth this country has ever seen. He was the only President who never had a whole year of 3% GDP growth. His average annual growth rate was only 1.48%, which was the weakest of any expansion since at least 1949.

Q. Why were people leaving the work force

A. Baby Boomers were retiring in very large numbers.

You use of averages are a fools choice.

You made an even more foolish choice. The labor force participation rate counts those who are working or actively looking for work, not just baby boomers.

When Obama took office in 2009, 80,529,000 Americans were not participating in the labor force. BY 2016, 14,179,000 Americans left the workforce. Some of them were retiring, but the majority of them just quit because they either couldn't find work or went back to school.

 

[JGalt]

So it took Obama 8 years before he could achieve a 4 million net job increase, and Trump did it in only 18 months?

Are really that stupid?

How does 18 months translate to 8 years dolt?

You're the dimwit if you can't figure that one out. Obama's job-creation was dismal. His economic growth was the worst under any other President. In other words, he was a failure.

Trump on the other hand, is managing to undo eight years of Obama's failed presidency, and thank God Hillary lost. She would have just continued the ruinous policies that Obama was failing with.

And like every other Democrat, you still haven't explained just what Obama was supposed to have done during his 8 years, that's creating the economy and job numbers we're seeing today.

 

[Lesh]

Looks like the goal posts are moving again.

Bottom line...

The last 18 months of the Obama Administration produced 4 million NET jobs.

The first 18 months of the Trump Administration has produced 4 million jobs.

The economy is doing almost exactly what it had been doing under Obama with the exception of the Stock Market which is lower now than a year ago.

 

[Lesh]

Obama's job-creation was dismal.

11 million net jobs created

15 million since 2010 (his first year lost 4 million jobs ...a Recession he INHERITED)

 

[task0778]

You can bet your sweet ass that if the economy had tanked in 2017 or 2018 Obama wouldn't be taking any blame for that. The hypocrisy is astounding, the economy was not trending up in the last year of Obama's presidency and NONE of his policies were even close to being pro-growth.

 

[JGalt]

Looks like the goal posts are moving again.

Bottom line...

The last 18 months of the Obama Administration produced 4 million NET jobs.

The first 18 months of the Trump Administration has produced 4 million jobs.

The economy is doing almost exactly what it had been doing under Obama with the exception of the Stock Market which is lower now than a year ago.

Never heard of something called the "GDP"?

Economies are made up of far more things than "unemployment numbers" and "stock markets." What about consumer spending, business investment spending, and other factors which have gotten better since 2016?

 

[Timmy]

Ok Democrats. This is your chance to explain what you've been saying over and over, that Obama' policies are responsible for the great economy we're seeing now.

Just what did Obama do two years ago, four years ago, or eight years ago that's now causing such increased economic growth, low unemployment numbers, increased job growth, and increased consumer spending?

Please explain.

You can see by the unemployment graph that Trump was riding the Obama wave .

Oh wait ! Those #s were lies . Now they are true!

 

[cutter]

He fucked up our country so bad the people got together and elected Trump because he was the ONLY candidate that would fight the corrupt democrats. So in a way obama is responsible for getting Trump elected and so the economy. Thank You obama.

 

[bripat9643]

Look at any chart on economic statistics.

Most show a continuation of improving stats.

We do know Trump has borrowed 1.5 trillion to artificially pump up the economy.

Trump is building a house of cards.

Obama borrowed $10 trillion, and the results were pathetic. Obama happened to be at the right place at the right time. That's his only skill. The charts you refer to show the economy was already on the rebound before he was inaugurated. Everything he did only retarded it.

 

[bripat9643]

Ok Democrats. This is your chance to explain what you've been saying over and over, that Obama' policies are responsible for the great economy we're seeing now.

Just what did Obama do two years ago, four years ago, or eight years ago that's now causing such increased economic growth, low unemployment numbers, increased job growth, and increased consumer spending?

Please explain.

Here's Obama's record, and it's pathetic. Notice that the growth rate is down, down, down:

 

[Lesh]

14 quarters over 4% GDP dumbass

 

[bripat9643]

14 quarters over 4% GDP dumbass

ROFL! What chart are you looking at? His average for his term is closer to 1.5%. Note how growth was already rebounding before his inauguration.

 

[JGalt]

View attachment 233835 View attachment 233835

Ok Democrats. This is your chance to explain what you've been saying over and over, that Obama' policies are responsible for the great economy we're seeing now.

Just what did Obama do two years ago, four years ago, or eight years ago that's now causing such increased economic growth, low unemployment numbers, increased job growth, and increased consumer spending?

Please explain.

You can see by the unemployment graph that Trump was riding the Obama wave .

Oh wait ! Those #s were lies . Now they are true!

The unemployment rate actually increased the first three years of the Obama presidency. It did gradually decrease but Obama had nothing to do that that. Government does not create jobs, those are created by the by private sector.

In Obama's case, what jobs that were being created were done so in spite of his horrible economic policies. Just as oil production increased in spite of Obama's environmental policies, thanks to the private sector.

Trump's economic policies cannot be compared to Obama's. He is allowing the creation of jobs by removing the obstacles and regulations Obama put on business and industry, and the economy is going like gangbusters.

 

[Lesh]

SInce you're using "real GDP"

U.S.: real GDP growth by quarter 2011-2018 | Statista

Nine quarters over 3.5%. Trump...2

Obama 3 quarters over 4.5%. Trump...0

 

[mudwhistle]

Ok Democrats. This is your chance to explain what you've been saying over and over, that Obama' policies are responsible for the great economy we're seeing now.

Just what did Obama do two years ago, four years ago, or eight years ago that's now causing such increased economic growth, low unemployment numbers, increased job growth, and increased consumer spending?

Please explain.

All of the good stuff is Obama's fault and all of the bad stuff is Trump's fault.

 

[JGalt]

14 quarters over 4% GDP dumbass

Quit lying.

 

[JGalt]

SInce you're using "real GDP"

U.S.: real GDP growth by quarter 2011-2018 | Statista

Nine quarters over 3.5%. Trump...2

Obama 3 quarters over 4.5%. Trump...0

You don't go from -1% to +5% GDP growth in only one Quarter in 2014, like that idiotic chart showed. Where did they get their data?