Harris did comment on the Trump economy
Worst economic collapse since the Depression
That's not the Trump economy. The Trump economy is lowest unemployment ever.
That's the democratic anti-American lockdown. They hate freedoms.
its as if 2017 thru 2019 never happend according to spamela, its just the economy from March 2020 till now thats all Trumps fault
2017 thru 2019 didn’t have a booming economy either.
It was pretty good, incomes due to a shallow labor pool were increasing the fastest in decades
It’s was pretty good in 2016 too, but lord ask a Trump supporter and you’d think it was the apocalypse.
Well the problem was it was meh....it took forever to get out of the 2008 recession. It didn't have to. When you increase regulation and taxes it makes business hard. It took way too long.
The recession began in December, 2007, and ended in June, 2009, less than 6 months after Obama took office. The Dow bottomed out in March of 2009, less than 2 months after Obama took office. Job creation took a whole lot longer to trickle down to the little people like you.
The USA lost nearly 800,000 jobs in January 2009, when Obama was inaugurated. W's recession started in December of 2007, and the Bush Administration's attempts to stop the cascading collapse of the economy, was an abject failure, while the nation lurched from the housing bubble bursting, the subprime mortgage crisis, the stock market crash, and the utter loss of confidence by the public in the government's ability to manage the crisis.
The US economy is like a 100 car freight train. It doesn't stop or start on a dime. Just as the recession had been mismanaged by bush throughout 2008, which only deepened the economic collapse. This is similar to the failure of the Trump Administration to contain the corona virus has allowed it to become much worse than it would have been given competent governance as most other western democracies have achieved.
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Obama took office in January 2009, as the economy was shedding 500,000 jobs a month, and unlike Trump, Obama hit the ground running, and had 99 cabinet and executive level appointments approved on Inauguration day. The recession officially ended in July, 2010.
It is a Republican lie that Obama's regulations were "job killers". The Obama administration didn't "add regulations". They cut them. They began a project to rewrite ALL US regulations to cut red tape and paperwork. Republicans lied and said Obama added 80,000 pages to US regulations. He didn't. He rewrote, reduced and eliminated old out of date regulations, and streamlined them.
Trump is the guy who is the job killer. Job creation DROPPED after Trump cut Obama's regulations. And despite Trump's crowing about his "greatest economy in history", the bald facts are the stock market rose faster under Obama. It had gone up by nearly 50% at the end of his first term. Obama created far more jobs in his last three years than Trump did in his first three, before the pandemic, and Trump has never matched Obama's GDP growth.
The Republican Myth that Obama had the worst recovery in history is utterly and completely false. Obama created a solid stable period of recovery and the longest period of sustained growth in US history. The only think Trump did was take credit for it, and then crash the economy.
He did say he was going to undo everything Obama did, and the economic recovery was Obama's greatest achievement. Promise kept.
