Trump REFUSING to Take the Blame for HIS Economy Going South

[Faun]

nope, Obama isn’t the only president to not have a calendar year if 3% growth or higher. Trump is in that same boat.

So Trump has had EIGHT YEARS so far, like Obama had, or has it only been 22 months?

So? I recall the right talking about Obama not having a 3% year long before he left office.

Meanwhile, Obama isn’t the only president without a 3% year.

 

[Pilot1]

Facts are facts:

Here is the complete list of average annual GDP growth ranked by postwar president (in descending order):

• Johnson (1964-68), 5.3%
• Kennedy (1961-63), 4.3%
• Clinton (1993-2000), 3.9%
• Reagan (1981-88), 3.5%
• Carter (1977-80), 3.3%
• Eisenhower (1953-60), 3.0% (Post-WWII average: 2.9%)
  
  
• Nixon (1969-74), 2.8%
• Ford (1975-76), 2.6%
• George H. W. Bush (1989-92), 2.3%
• George W. Bush (2001-08), 2.1%
• Truman (1946-52), 1.7%
• Obama (2009-15), 1.5%

Obama's last-place tally of 1.5 percent doesn't even include the BEA's numbers for 2016, since the year isn't yet complete. Thus far, growth in 2016 has been 0.8 percent in the first quarter and an estimated 1.2 percent in the second quarter. So Obama will be lucky to finish his presidency at even half the postwar average of 2.9 percent growth.

Dispute THOSE NUMBERS. You can't they are ALL CORRECT.

Obama's Historically Bad Economy

 

[Faun]

Facts are facts:

Here is the complete list of average annual GDP growth ranked by postwar president (in descending order):

• Johnson (1964-68), 5.3%
• Kennedy (1961-63), 4.3%
• Clinton (1993-2000), 3.9%
• Reagan (1981-88), 3.5%
• Carter (1977-80), 3.3%
• Eisenhower (1953-60), 3.0% (Post-WWII average: 2.9%)
  
  
• Nixon (1969-74), 2.8%
• Ford (1975-76), 2.6%
• George H. W. Bush (1989-92), 2.3%
• George W. Bush (2001-08), 2.1%
• Truman (1946-52), 1.7%
• Obama (2009-15), 1.5%

Obama's last-place tally of 1.5 percent doesn't even include the BEA's numbers for 2016, since the year isn't yet complete. Thus far, growth in 2016 has been 0.8 percent in the first quarter and an estimated 1.2 percent in the second quarter. So Obama will be lucky to finish his presidency at even half the postwar average of 2.9 percent growth.

Dispute THOSE NUMBERS. You can't they are ALL CORRECT.

Obama's Historically Bad Economy

And as you were shown, GDP increased more under Obama than under Bush:

2000Q4: 13,260.5
2008Q4: 15,328.0 - Bush ...... 15.6%
2016Q4: 17,784.2 - Obama ... 16.0%

https://www.bea.gov/system/files/2018-10/gdplev.xlsx

And of course, Obama’s numbers are lowered by the massive recession Bush handed him. Ignore that, and Obama’s annual average was 2.2%. About the same as both Bush’s and Trump (so far).

 

[Biff_Poindexter]

Trump has driven our allies away, Trump has approved of racism, killing off reporters, trade wars, firing nearly everyone he hired, and THE WORLD is finally coming to terms that the American voter elected a FRAUD named Trump.

NOW, Trump wants to blame the FED for the economy going to Hell. LOFL

We will have to see if Trump files (another) business bankruptcy for America.

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Trump wants Fed to cut interest rates after stock-market wipeout, but history not on his side

After the latest stock-market drubbing, President Donald Trump said Tuesday he’d like the Federal Reserve to cut interest rates. But that may be wishful thinking.

The U.S. is on track to grow 3% annually in 2018 for the first time in 13 years and the unemployment rate has fallen to a 48-year low of 3.7%. The Fed has cut rates a few times when gross domestic product appeared strong, albeit it briefly, but almost never when both growth was stable and unemployment low.

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LOFL = 3% growth is really worth ALL OF THIS CHAOS, right?

To be fair to Trump, current conditions with the economy is not his fault..

Trump has ZERO to do with any economic policies -- they are just the usual republican policies.

Ask Trump to explain any economic policy and watch how much dumbness flows out his mouth -- then those who ACTUALLY write the economic policies will come in and try to explain why Trump's delusional ramblings make sense.

 

[ABikerSailor]

Trump has driven our allies away, Trump has approved of racism, killing off reporters, trade wars, firing nearly everyone he hired, and THE WORLD is finally coming to terms that the American voter elected a FRAUD named Trump.

NOW, Trump wants to blame the FED for the economy going to Hell. LOFL

We will have to see if Trump files (another) business bankruptcy for America.

---------------------------------------------------------------------------------------------------------

Trump wants Fed to cut interest rates after stock-market wipeout, but history not on his side

After the latest stock-market drubbing, President Donald Trump said Tuesday he’d like the Federal Reserve to cut interest rates. But that may be wishful thinking.

The U.S. is on track to grow 3% annually in 2018 for the first time in 13 years and the unemployment rate has fallen to a 48-year low of 3.7%. The Fed has cut rates a few times when gross domestic product appeared strong, albeit it briefly, but almost never when both growth was stable and unemployment low.

-----------------------------------------------------------------------------------------------------------


LOFL = 3% growth is really worth ALL OF THIS CHAOS, right?

To be fair to Trump, current conditions with the economy is not his fault..

Trump has ZERO to do with any economic policies -- they are just the usual republican policies.

Ask Trump to explain any economic policy and watch how much dumbness flows out his mouth -- then those who ACTUALLY write the economic policies will come in and try to explain why Trump's delusional ramblings make sense.

Actually, the economy became Trump's back in Feb when he passed his tax cuts, and then was further cemented as his when he put the tariffs in place for his trade war.

 

[ph3iron]

This is what happens when democrats are in charge. The entire party is devoted to national failure.

Really? I thought repubs had the power for the last several years.
Know why dons job creation was worse than Obamas last 2 years?
Knees news didn't tell you?

 

[caddo kid]

Trump has driven our allies away, Trump has approved of racism, killing off reporters, trade wars, firing nearly everyone he hired, and THE WORLD is finally coming to terms that the American voter elected a FRAUD named Trump.

NOW, Trump wants to blame the FED for the economy going to Hell. LOFL

We will have to see if Trump files (another) business bankruptcy for America.

---------------------------------------------------------------------------------------------------------

Trump wants Fed to cut interest rates after stock-market wipeout, but history not on his side

After the latest stock-market drubbing, President Donald Trump said Tuesday he’d like the Federal Reserve to cut interest rates. But that may be wishful thinking.

The U.S. is on track to grow 3% annually in 2018 for the first time in 13 years and the unemployment rate has fallen to a 48-year low of 3.7%. The Fed has cut rates a few times when gross domestic product appeared strong, albeit it briefly, but almost never when both growth was stable and unemployment low.

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LOFL = 3% growth is really worth ALL OF THIS CHAOS, right?

Hold on a minute....I thought you twisted fools said this was the Kenyan Zulus economy? Ask Golfing Gator

Trump was elected on third base. If he falls on his face running for home plate, that's on him.

At this point in Obama's presidency, the Dow had risen 41 percent, and that was despite still being in a deep dive which continued for the first few month's after his inauguration.

Since Trump's inauguration, the Dow has risen only 23 percent.


Trump has yet to match the job growth of the last five years of Obama's presidency.

Trump has yet to match the highest GDP growth of Obama's presidency.

Trump has DOUBLED our federal deficit.

Trump has spent more this year than Obama could even dream of. Trump has beaten the pants off every one of Obama's annual budgets. Trump has spent half a TRILLION dollars more than Obama's biggest budget.

In short, Trump has been less than impressive.

Conversely the ghetto Kenyan was elected coming out of the worst recession in decades with nowhere to go but up. The Zulu bought us out of trouble with $10 trillion of our money...my 15 year old daughter could have executed that task.
The Kenyan neglected the military and infrastructure like nobody’s business...he was the first President in history to spend more on welfare than on defense. Trump had and still has lots of cleaning up to do thanks to the Zulu’s gross neglect.

“Of course, Obama was starting from the nadir of the Great Recession, so economic and job growth should have been expected. And many economists suggest that the increased taxes, onerous regulations enacted in bills such as Dodd-Frank and the Affordable Care Act, as well as the perception that Obama was anti-business, slowed the economic recovery. In terms of economic output, this was the slowest economic recovery since World War II.
Moreover, it is noteworthy that growth had slowed during Obama’s last year in office, dropping from 2.3 percent in the second quarter of 2016 to just 1.8 percent in the final quarter. - USA Today
Who's really to thank for booming economy: Donald Trump or Barack Obama?

Only a total idiot would think inheriting an economy going over the cliff and bleeding half a million jobs a month was an easier task than inheriting a booming economy with a record high Dow.

Jesus, you people are stunninigly retarded.

By the way, dumbass, Trump's FY2018 budget was bigger than any of Obama's, and his FY2019 budget is a full trillion dollars bigger than Obama's biggest budget.

So why aren't you complaining about Trump's spending, you reeking hypocrite!?!

It would be hard for them to complain when they have their tongues so far up Trump's colon they are tasting yesterday's Big Mac

 

[caddo kid]

Trump has driven our allies away, Trump has approved of racism, killing off reporters, trade wars, firing nearly everyone he hired, and THE WORLD is finally coming to terms that the American voter elected a FRAUD named Trump.

NOW, Trump wants to blame the FED for the economy going to Hell. LOFL

We will have to see if Trump files (another) business bankruptcy for America.

---------------------------------------------------------------------------------------------------------

Trump wants Fed to cut interest rates after stock-market wipeout, but history not on his side

After the latest stock-market drubbing, President Donald Trump said Tuesday he’d like the Federal Reserve to cut interest rates. But that may be wishful thinking.

The U.S. is on track to grow 3% annually in 2018 for the first time in 13 years and the unemployment rate has fallen to a 48-year low of 3.7%. The Fed has cut rates a few times when gross domestic product appeared strong, albeit it briefly, but almost never when both growth was stable and unemployment low.

-----------------------------------------------------------------------------------------------------------


LOFL = 3% growth is really worth ALL OF THIS CHAOS, right?

LMAO The economy isn't going south you dummy. The market is.

The market goes up and down all the time. Next week it will be through the roof. Get back to us then.

The economy is still booming whether you like it or not.

Oh and didn't you tell one and all that it was Barry's economy and not Trumps???

You sure are stupid.

Trump will (eventually) preside over a massively fvcked up economy because Trump is a major retard

 

[caddo kid]

Trump has driven our allies away, Trump has approved of racism, killing off reporters, trade wars, firing nearly everyone he hired, and THE WORLD is finally coming to terms that the American voter elected a FRAUD named Trump.

NOW, Trump wants to blame the FED for the economy going to Hell. LOFL

We will have to see if Trump files (another) business bankruptcy for America.

---------------------------------------------------------------------------------------------------------

Trump wants Fed to cut interest rates after stock-market wipeout, but history not on his side

After the latest stock-market drubbing, President Donald Trump said Tuesday he’d like the Federal Reserve to cut interest rates. But that may be wishful thinking.

The U.S. is on track to grow 3% annually in 2018 for the first time in 13 years and the unemployment rate has fallen to a 48-year low of 3.7%. The Fed has cut rates a few times when gross domestic product appeared strong, albeit it briefly, but almost never when both growth was stable and unemployment low.

-----------------------------------------------------------------------------------------------------------


LOFL = 3% growth is really worth ALL OF THIS CHAOS, right?

To be fair to Trump, current conditions with the economy is not his fault..

Trump has ZERO to do with any economic policies -- they are just the usual republican policies.

Ask Trump to explain any economic policy and watch how much dumbness flows out his mouth -- then those who ACTUALLY write the economic policies will come in and try to explain why Trump's delusional ramblings make sense.

Is that like when Trump was in California putting out the wild fires, when Trump said, "I like good climate; we'll have some?"

 

[Faun]

Trump has driven our allies away, Trump has approved of racism, killing off reporters, trade wars, firing nearly everyone he hired, and THE WORLD is finally coming to terms that the American voter elected a FRAUD named Trump.

NOW, Trump wants to blame the FED for the economy going to Hell. LOFL

We will have to see if Trump files (another) business bankruptcy for America.

---------------------------------------------------------------------------------------------------------

Trump wants Fed to cut interest rates after stock-market wipeout, but history not on his side

After the latest stock-market drubbing, President Donald Trump said Tuesday he’d like the Federal Reserve to cut interest rates. But that may be wishful thinking.

The U.S. is on track to grow 3% annually in 2018 for the first time in 13 years and the unemployment rate has fallen to a 48-year low of 3.7%. The Fed has cut rates a few times when gross domestic product appeared strong, albeit it briefly, but almost never when both growth was stable and unemployment low.

-----------------------------------------------------------------------------------------------------------


LOFL = 3% growth is really worth ALL OF THIS CHAOS, right?

LMAO The economy isn't going south you dummy. The market is.

The market goes up and down all the time. Next week it will be through the roof. Get back to us then.

The economy is still booming whether you like it or not.

Oh and didn't you tell one and all that it was Barry's economy and not Trumps???

You sure are stupid.

Trump will (eventually) preside over a massively fvcked up economy because Trump is a major retard

Let’s hope not.

 

[caddo kid]

Trump has driven our allies away, Trump has approved of racism, killing off reporters, trade wars, firing nearly everyone he hired, and THE WORLD is finally coming to terms that the American voter elected a FRAUD named Trump.

NOW, Trump wants to blame the FED for the economy going to Hell. LOFL

We will have to see if Trump files (another) business bankruptcy for America.

---------------------------------------------------------------------------------------------------------

Trump wants Fed to cut interest rates after stock-market wipeout, but history not on his side

After the latest stock-market drubbing, President Donald Trump said Tuesday he’d like the Federal Reserve to cut interest rates. But that may be wishful thinking.

The U.S. is on track to grow 3% annually in 2018 for the first time in 13 years and the unemployment rate has fallen to a 48-year low of 3.7%. The Fed has cut rates a few times when gross domestic product appeared strong, albeit it briefly, but almost never when both growth was stable and unemployment low.

-----------------------------------------------------------------------------------------------------------


LOFL = 3% growth is really worth ALL OF THIS CHAOS, right?

LMAO The economy isn't going south you dummy. The market is.

The market goes up and down all the time. Next week it will be through the roof. Get back to us then.

The economy is still booming whether you like it or not.

Oh and didn't you tell one and all that it was Barry's economy and not Trumps???

You sure are stupid.

Trump will (eventually) preside over a massively fvcked up economy because Trump is a major retard

Let’s hope not.

Oh, he will; mark my words. It's coming.

 

[caddo kid]

So, Trump wants to now distance himself from his own economic policies

LOL = Trump tha dumb shit

 

[Mr Natural]

The stock market has correctly predicted 10 of the last 5 recessions.

 

[EasyPeasy]

The stock market has correctly predicted 10 of the last 5 recessions.

10 of the last 5?

 

[Mr Natural]

The stock market has correctly predicted 10 of the last 5 recessions.

10 of the last 5?

Think about it awhile.

 

[ABikerSailor]

The stock market has correctly predicted 10 of the last 5 recessions.

10 of the last 5?

He's saying there are going to be 5 more recessions, I think.