RealDave
Gold Member
- Sep 28, 2016
- 26,521
- 3,565
- 290
Trump's economic policies were not smart. He borrowed ridiculous amounts of money (Much more than the Obama Stimulus...) 8+ years into an economic expansion, pumped it into the economy, got a little bounce with only a few quarters of good growth, and now the economy is looking worn out and ready to crash.
This is identical to Bush. Bush inherited a budget surplus, gave a big tax cut to the ultra wealthy along with massive spending packages, squandered the surplus, racked up massive deficits, and had a total economic melt down.
Republicans can't take responsibility for any of their failures. Bush's collapse is somehow the 2006 democrats fault. The 2 losing wars, not his fault, etc etc. When Trump's policies collapse this economy we know that the GOP will not man up and take personal responsibility for their policies, they will blame... THE FED.
Here's David Stockman breaking down Trump's economic policies and why they are bad:
Remember it was Billyboy Clinton who shutdown the government rather than sign the GOP balanced budget.
Democrats get zero credit for a balanced budget
Bush inherited the Clinton Tech Stock bubble stock market crash recession.
It was the Democrats who caused the Great Recession with their mortgage policies that forced banks make loans to low class trash bottom feeder Democrats with bad credit and who could not pay the money back.
Exactly blame everybody else for the problems. Republicans can't take personal responsibility for any of their mistakes.
Bush had a republican Congress and got all his terrible policies passed. Massive spending increases, massive tax cuts that did little to spur growth, and wars that Bush mismanaged and didn't win. Of course you can't take responsibility for any of this.
Why don't you try addressing what David Stockman said in the vid I posted? Oh yeah you can't because you can't take responsibility for anything...
No, I am not going to talk about the QE forever program under Obama again. I get sick of these morons who think that it is someone else who crashed the economy not Obama and his FED bitch Janet Yellow belly, who could of raised interest rates, during her time, but would of made the economy worse than 1934.
This OP needs to be merged with the 1000 other "I hate President Trump posts, about the economy."
Quantitative easing a time bomb: Stephen Roach - Fast Forward
How did Obama cause the Bush recession? It started 4th quarter of 2007.