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Bush inherited a recession.
You Marxists are such fucking liars..
fake newsSubscribe to read | Financial TimesYes he did inherit it and it was the worst economy of all time. Now thank God and in spite of traitors like you he is fixing it.Common sense. Obamas economy is what Drumpf inherited. Now we get to see what Drumpfs decisions are going to do.
"How Barack Obama rescued the US economy"
Bush inherited a recession.
You Marxists are such fucking liars..
NOPE
List of recessions in the United States - Wikipedia
Early 2000s recession Mar 2001-Nov 2001 8 months
Bush started in January 2001, the recession was March 2001
Bush did NOT inherit a recession.
For about the last year now, every time there's yet another month of good economic news, liberals will repeat the myth/lie that it's just a continuation of the recovery that began under Obama. Let's get a few facts straight:
* Under Obama, we had a *net loss* of manufacturing jobs under Obama, whereas last year alone the economy added 284,000 manufacturing jobs, the biggest increase since 1995.
* Under Obama, wages were flat-lined under Obama, whereas last year alone they rose by 3.2%.
* Under Obama, the number of long-term unemployed people stayed historically high, but last year alone the number of long-term unemployed people dropped by 205,000.
* Under Obama, the number of people employed part-time for economic reasons remained high, but last year alone that number dropped by 329,000.
And on and on we could go. Yes, Obama did a decent job with the economy, better than Bush Jr. did, but Trump's economy is clearly stronger and helping more Americans than Obama's economy was.
Bush inherited a recession.
You Marxists are such fucking liars..
NOPE
List of recessions in the United States - Wikipedia
Early 2000s recession Mar 2001-Nov 2001 8 months
Bush started in January 2001, the recession was March 2001
Bush did NOT inherit a recession.
You're such a liar.
Dot-com bubble - Wikipedia
Obama spent a good portion of his Presidency blaming his predecessor for his own failures.
The economy didn't really go down the shitter until Queer Barry took over.
.
The recession started in Dec of 2007...11 months before the election and 13 months before Obama took over.
And?
The major crash of the market, wages, and jobs occurred after Barack Mugabe took over. It all tanked in 2009.
That's funny, since republicans complained bitterly about all the stimulus Obama put in place.
I complained BITTERLY about the money Bush supplied to the stimulus.
Bush's stimulus was the difference between handing over a recession and handing over a full blown depression.
Obama's stimulus was the difference between a recession and economic recovery.
He quadrupled Bush's numbers.
Bush II added a higher percent to the debt
Than Obama?
Try again commie.
{
Similarly, the first deficit that occurred after President Trump took office was due to Obama's last budget. Here are the deficits by year that can accurately be attributed to Obama.
- FY 2009 - Even though the budget had been approved, Congress added emergency funding to stop the Great Recession. It added the first year's spending from Obama's Economic Stimulus Act to the FY 2009 budget. That $253 billion accrues to Obama.
- FY 2010 - Obama's first budget created a $1.294 trillion deficit.
- FY 2011 - This budget deficit was $1.3 trillion. Defense spending hit $855 billion. Republicans stalled on raising the debt ceiling, creating a debt ceiling crisis.
- FY 2012 - The deficit was $1.087 trillion.
}
- FY 2013 - This was the first Obama budget where the deficit, $679 billion, was less than $1 trillion. Thank sequestration. It forced a 10 percent cut in spending.
- FY 2014 - The deficit was $485 billion. Tax revenue rose to $3.02 trillion.
- FY 2015 - The deficit fell further to $438 billion.
- FY 2016 - The deficit rose to $585 billion. Congress added $58.6billion to pay for the Afghanistan War.
- FY 2017 - The deficit was $666 billion. Congress added $100 billion to Obama's budget request after Trump took office.
How Much Did Obama Add to the Nation's Debt?
You're a fucking liar, as Marxists tend to be, but stupid as all get out....
The Bush recession started in December 2007, Obama didn't take over until January 2009
The recession ended in June/July 2009
Facts do not support your lies.
Zat right commie?
Look at the unemployment curve. Think of it like a planes flight path. Under Bush it started climbing rapidly, which continued after Obama book over. Then after months, it started going down steadily.
Don't they teach math? Slope, area under the curve, that kinda shit.
Fucking nose dives under Obama - yet you lie....
Bush inherited a recession.
You Marxists are such fucking liars..
NOPE
List of recessions in the United States - Wikipedia
Early 2000s recession Mar 2001-Nov 2001 8 months
Bush started in January 2001, the recession was March 2001
Bush did NOT inherit a recession.
You're such a liar.
Dot-com bubble - Wikipedia
You said Bush inherited a recession, not a dot-com bubble.
Why did you lie about a historical fact?
Progs are dishonest about everything. It's what make them progs.
Bob Blaylock, post: 21736395Obama spent a good portion of his Presidency blaming his predecessor for his own failures.
So that’s a lie.
Obama didn’t have any failures to blame on Bush. Obama had over six years of economic growth and reduction in unemployment. The recovery was not as fast as the right wing haters demanded - but only the haters could call Obama’s long span of steady positive economic growth a failure.
0.63 basis points separate Trumpo’s (2.82) avg economic growth from Obama’s (2.19)
And if over the next six years a recession hits Trumpo’s avg - then Obama wouid likely keep pace with Trumpo or beat him when averaged over two Presidential Terms.
But look where Trumpo’s economic recovery is coming from:
MORE GOVERNMENT SPENDING WITH LESS REVENUE = HIGHER ANNUAL DEFICITS.
View attachment 243595
Bloomberg - Are you a robot?
This should scare Trumpo’s disciples to death:
Trumponomics spends borrowed dollars as fast as the economy grows.
View attachment 243597
Trumpo is a fraud. A con man. That’s why he went bankrupt four times.
We should count the next recession as his fifth bankruptcy.
The economy didn't really go down the shitter until Queer Barry took over.
.
The recession started in Dec of 2007...11 months before the election and 13 months before Obama took over.
And?
The major crash of the market, wages, and jobs occurred after Barack Mugabe took over. It all tanked in 2009.
Here are jobs created/lost during that time...the added yellow line is when Obama took over...
View attachment 243605
Here is the DJI during that time...the added yellow line is when Obama took over
View attachment 243606
Your revisionist history is just fake news.
I complained BITTERLY about the money Bush supplied to the stimulus.
Bush's stimulus was the difference between handing over a recession and handing over a full blown depression.
Obama's stimulus was the difference between a recession and economic recovery.
He quadrupled Bush's numbers.
Bush II added a higher percent to the debt
Than Obama?
Try again commie.
{
Similarly, the first deficit that occurred after President Trump took office was due to Obama's last budget. Here are the deficits by year that can accurately be attributed to Obama.
- FY 2009 - Even though the budget had been approved, Congress added emergency funding to stop the Great Recession. It added the first year's spending from Obama's Economic Stimulus Act to the FY 2009 budget. That $253 billion accrues to Obama.
- FY 2010 - Obama's first budget created a $1.294 trillion deficit.
- FY 2011 - This budget deficit was $1.3 trillion. Defense spending hit $855 billion. Republicans stalled on raising the debt ceiling, creating a debt ceiling crisis.
- FY 2012 - The deficit was $1.087 trillion.
}
- FY 2013 - This was the first Obama budget where the deficit, $679 billion, was less than $1 trillion. Thank sequestration. It forced a 10 percent cut in spending.
- FY 2014 - The deficit was $485 billion. Tax revenue rose to $3.02 trillion.
- FY 2015 - The deficit fell further to $438 billion.
- FY 2016 - The deficit rose to $585 billion. Congress added $58.6billion to pay for the Afghanistan War.
- FY 2017 - The deficit was $666 billion. Congress added $100 billion to Obama's budget request after Trump took office.
How Much Did Obama Add to the Nation's Debt?
You're a fucking liar, as Marxists tend to be, but stupid as all get out....
Very nice copy and pasting, but lets do a little math, don't worry, I will do it for you because I know anything beyond 2+2 is too much for you.
Using the FY numbers you used above
Bush II:
Oct 1 2001: 5,806,151,389,190
Jan 19 2009: 11,909,829,003,511
That is an 105.1% change in the national debt
Obama:
Oct 1 2009: 11,920,519,164,319
Jan 19 2017: 20,244,900,016,053
That is an 69.9% change in the national debt
You may not know this, but 105.1% is greater than 69.9%.
All data came from the government itself...Debt to the Penny (Daily History Search Application)
Progs are dishonest about everything. It's what make them progs.
You have to understand who you are dealing with, the left are filthy scum who lie without shame or remorse.
Bush's stimulus was the difference between handing over a recession and handing over a full blown depression.
Obama's stimulus was the difference between a recession and economic recovery.
He quadrupled Bush's numbers.
Bush II added a higher percent to the debt
Than Obama?
Try again commie.
{
Similarly, the first deficit that occurred after President Trump took office was due to Obama's last budget. Here are the deficits by year that can accurately be attributed to Obama.
- FY 2009 - Even though the budget had been approved, Congress added emergency funding to stop the Great Recession. It added the first year's spending from Obama's Economic Stimulus Act to the FY 2009 budget. That $253 billion accrues to Obama.
- FY 2010 - Obama's first budget created a $1.294 trillion deficit.
- FY 2011 - This budget deficit was $1.3 trillion. Defense spending hit $855 billion. Republicans stalled on raising the debt ceiling, creating a debt ceiling crisis.
- FY 2012 - The deficit was $1.087 trillion.
}
- FY 2013 - This was the first Obama budget where the deficit, $679 billion, was less than $1 trillion. Thank sequestration. It forced a 10 percent cut in spending.
- FY 2014 - The deficit was $485 billion. Tax revenue rose to $3.02 trillion.
- FY 2015 - The deficit fell further to $438 billion.
- FY 2016 - The deficit rose to $585 billion. Congress added $58.6billion to pay for the Afghanistan War.
- FY 2017 - The deficit was $666 billion. Congress added $100 billion to Obama's budget request after Trump took office.
How Much Did Obama Add to the Nation's Debt?
You're a fucking liar, as Marxists tend to be, but stupid as all get out....
Very nice copy and pasting, but lets do a little math, don't worry, I will do it for you because I know anything beyond 2+2 is too much for you.
Using the FY numbers you used above
Bush II:
Oct 1 2001: 5,806,151,389,190
Jan 19 2009: 11,909,829,003,511
That is an 105.1% change in the national debt
Obama:
Oct 1 2009: 11,920,519,164,319
Jan 19 2017: 20,244,900,016,053
That is an 69.9% change in the national debt
You may not know this, but 105.1% is greater than 69.9%.
All data came from the government itself...Debt to the Penny (Daily History Search Application)
Obama added more dollars to the national debt than Bush.
You lying pile of shit.
