The reason that the Fed wasn't worried about inflation in the Obama years is that the economy was so stagnant that none of the above were taking place. They were increasing the money supply but the economy was so weak that it didn't create any "Demand Pull" inflation! That's an indication of how bad the economy was during Barry's two terms!
Again, guy, we went from 10% unemployment to 4%, we went from a 6000 Dow to 20,000.
Don't worry, Trump will **** these things up soon enough, and you guys will find a way to blame Democrats for it.[/QUO
You mean the way that you Democrats blamed Bush for YEARS as Barry struggled with the economy? Like it was W. who passed the ACA? Like it was W. that proposed Cap & Trade legislation? Like it was W. who misspent nearly a trillion dollars in stimulus money and only created a fraction of the jobs that he promised? Like it was W who had his Chief Economic Advisors all jump ship and run back to academia after they struggled with the economy?
You progressives keep trotting out those numbers on unemployment and the Dow because you can't cite anything that Obama ever did that improved the economy so you hide behind misleading statistics that show a US economy that was strong enough that it improved DESPITE his awful leadership! The people that suffered through the Great Recession losing most of their savings remembered how inept Democrats were at leading the country...it's why they voted out you clowns in the biggest swing from one party to another in modern political history...and why they didn't vote for a continuation of Obama's policies with Hillary at the helm.