Doctor Knows Best

You mean he inherited a miraculous economy like he inherited a real estate business. I'm happy to give him some credit for not screwing up the economy, his business I'm not sure about.

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It’ll never sink in.

To some, the economy under Obama was a disaster but the economy under Trump was a miracle despite the fact that the graph you posted is essentially identical under either president.
 
youre the one that claimed all of the founding fathers didnt trust the people yet they put all the power in the people through the states,,

save it spanky we know you will never tell the whole truth,,,
They didn’t put all the power in the people since they felt compelled to put it “through” something else.

Your own statement is self-contradictory.
 
It was a compromise that resulted in the American people not choosing the president.

Either way, I’m right.
Liar. You said that "The founders did not trust the people to chose." That is a lie, you are wrong.
Half wanted a democratic election, and half wanted the "popular vote" elected congress to choose.
Maybe we need another amendment having Congress elect the president? That would simplify the voter fraud issues.
 
so the people dont vote for POTUS???

now whos lying
Not when the country was founded. They voted for electors.

The electors voted for the president.

When the country was founded, the electors were expected to make independent judgement in their vote.
 
They didn’t put all the power in the people since they felt compelled to put it “through” something else.

Your own statement is self-contradictory.
and again you only tell part of the facts,,, they put the power in the people in their own states,,
you do know what USA stands for dont you??
 
Not when the country was founded. They voted for electors.

The electors voted for the president.

When the country was founded, the electors were expected to make independent judgement in their vote.
liar,, they left it for each state to decide for themselves how to do it,,

again not the whole truth,,
 
Liar. You said that "The founders did not trust the people to chose." That is a lie.
Half wanted a democratic election, and half wanted congress to choose.
Your article doesn’t say anything about “half” wanting a democratic election.

At the end of the debate, the result is that the constitution doesn’t provide for direct election. There was an argument, the founders who didn’t trust the people to chose WON.
 
and again you only tell part of the facts,,, they put the power in the people in their own states,,
you do know what USA stands for dont you??
They didn’t put the power of electing the president to the people.

They put the power of electing the president in the electoral college.
 
They didn’t put the power of electing the president to the people.

They put the power of electing the president in the electoral college.
again only a partial truth,, they put the power in the states and let the states decide how each would do it,, and since the people are in charge of the states the people decide,,,
 
Your article doesn’t say anything about “half” wanting a democratic election.

At the end of the debate, the result is that the constitution doesn’t provide for direct election. There was an argument, the founders who didn’t trust the people to chose WON.
Its not that the founders didn't trust the American people, maybe they foresaw the potential for wide spread voter fraud?
District by district elections seem much more difficult to have widespread voter fraud than national elections.
 
The founders didn’t foresee a lot of things. Like parties.
Hamilton was pretty clear, the people weren’t trusted.
Parties, a biased MSM, big money, the deep state, foreign interference, demographics, open borders, mail-in ballots, voter fraud, big city machines, unions, etc.
 
Its not that the founders didn't trust the American people, maybe they foresaw the potential for wide spread voter fraud?
District by district elections seem much more difficult to have widespread voter fraud than national elections.
Good one. I thought you were serious for a second.
 
No, actually, you're lying again.

Watch me prove it.


A Tale of Two Economies

Trump’s policies are helping workers more than Obama’s did.



Time to wake up from the Barack Obama economy, folks, and admit how many more Americans are prospering from the faster economic growth and tighter labor market after the policy changes of 2017. Opinion | A Tale of Two Economies


“Writing in the Wall Street Journal, former CEO Andy Puzder claims that Trump easily wins over Obama when you look at the numbers:

For eight years under President Obama, the growing burden of government suppressed the economic recovery that should have followed the recession of 2008-09. Mr. Obama nonetheless has claimed responsibility for today’s boom, asking Americans in September to “remember when this recovery started.” Yet it wasn’t until President Trump took office that the economy surged. …The result is a rising tide that is lifting boats across every class and region of the country. …Today unemployment rests at 3.7%, near a 50-year low. Since the government began reporting the data, unemployment has never been as low as it is today for African-Americans, Latinos, Asians and people with only a high-school education.

It’s certainly good news that unemployment rates have dropped. But labor-force participation numbers still haven’t fully recovered—or even come close to fully recovering—so the data on jobs is not quite as impressive as it sounds.

That being said, Puzder has a compelling indictment of Obama’s performance:

During a typical recovery, the economy grows at a rate between 3% and 4%, and the Obama administration predicted such a surge in its 2010 midsession review. It never came. The “recovery” of those years often felt much like a recession.

Amen. This echoes my criticism of Obamanomics. He made the US a bit more like Europe, so it’s no surprise that growth was weak.

Let’s now look at Puzder’s evidence that Trump has done a better job. He compares the end of the Obama economy with the beginning of the Trump economy:

GDP growth staggered along at 1.5% in Mr. Obama’s final six full quarters in office. …growth doubled to 3% during Mr. Trump’s first six full quarters. …the increase in job openings over Mr. Trump’s first 21 months has averaged an impressive 75,000 a month. Over Mr. Obama’s last 21 months in office, the number of job openings increased an average of 900 a month. …During Mr. Obama’s last 21 months, the number of employed Americans increased an average of 157,000 a month. Under Mr. Trump, the increase has accelerated to 214,000 a month, a 36% improvement. …In Mr. Obama’s final 21 months, weekly earnings rose an average of $1.31 a month. Under Mr. Trump, weekly earnings have increased an average of $1.84 cents a month: a 40% improvement that’s come mostly since tax reform took effect in January. Over that period, weekly earnings have grown an average of $2.31 a month, a 76% increase over Mr. Obama’s last 21 months. …The unemployment rate declined 13% during Mr. Obama’s last 21 months, but from there it has dropped another 23% during Mr. Trump’s tenure.” The Obama Economy vs. the Trump Economy | Daniel J. Mitchell
“Trump's Economy Keeps Humming: Manufacturing Adding More Jobs Than Government, Reversing Obama Trend

Overall, comparing President Trump’s first 27 months of key employment data to the last 27 months under President Obama shows a continuation of employment growth, the kind often seen in the mature stages of a business cycle, with 5,860,000 nonfarm jobs added during Obama’s last 27 months compared to 5,373,000 under Trump’s first 27 months.

Private sector employment also compares similarly over the same period, with 5,453,000 jobs added to private sector payrolls in Obama’s last 27 months in office compared to 5,158,000 during a comparable period under Trump.

However, a substantial difference can be seen in the job gains in the manufacturing sector compared to the government employment sector (federal, state and local) under the two administrations, with government at all levels adding 407,000 jobs in Obama’s last 27 months compared to 215,000 jobs since Trump took office. Manufacturing employment was in stark contrast, with manufacturers adding only 129,000 jobs during Obama’s last 27 months compared to 466,000 jobs since Trump took office, implementing a series of deregulatory measures and tax cuts that have encouraged industrial production and investment.

Comparatively, during Trump’s watch, the economy has added two manufacturing jobs for each job added in government while under Obama’s last 27 months, about three government jobs were added for each manufacturing job.” Trump's Economy Keeps Humming: Manufacturing Adding More Jobs Than Government, Reversing Obama Trend
Sorry Obama, But It's Trump's Economic Boom, Not Yours

Barack Obama is on the road attempting to claim credit for the booming economy under President Trump. But the only thing Obama deserves credit for is making it easy for Trump to undo Obama's anti-growth policies.

For eight years, President Obama presided over the worst economic recovery in modern times. For six years, he blamed Republicans in Congress for thwarting his spending agenda and hampering growth. In his last two years in office, he claimed that 2% growth was the best we could hope for. And in his last year in office, while the economy was again stalling out, Obama claimed that Trump's tax cuts and deregulation would only make things worse.

But now that we're in the midst of a booming economy — which kicked in after Trump reversed almost all Obama's economic policies — we're supposed to believe that it's Obama who deserves all the credit.

There's more. The rate of GDP growth was decelerating in Obama's last year. It went from 2.3% in Q2, to 1.9% in Q3 to 1.8% in Q4 of 2016. Under Trump, GDP growth has averaged 2.9%. It was 4.2% last quarter and might be higher in the current one.

The stock market also was stuck in neutral the year before the November 2016 elections. The Dow is up by some 45% since then.

Real median family income didn't budge from August 2015 to November 2016, according to Sentier Research. It's up more than 4% since Trump came into office. Wages are on the upswing.

In Obama's last year, unemployment rate remained basically unchanged — it was 4.9% in Jan 2016, and 4.8% when Trump took office in Jan. 2017. Now it's down to 3.9%

The New York Times itself described Obama's economy this way in August 2016: "For three quarters in a row, the growth rate of the economy has hovered around a mere 1%. In the last quarter of 2015 and the first quarter of 2016, the economy expanded at feeble annual rates of 0.9% and 0.8%, respectively. The initial reading for the second quarter of this year, released on Friday, was a disappointing 1.2%."

And on January 27, 2017, after the government reported that GDP growth for all 2016 was a mere 1.6% — the weakest in five years — the Times announced that "President Trump's target for economic growth just got a little more distant."

That same month, the nonpartisan Congressional Budget Office forecast growth this year would be just 1.9%.

There were other signs of stagnation as well. Stocks had flatlined in 2016, with major indexes down slightly. Real median household income dropped that year, according to Sentier Research.

Growth had been so worrisomely slow throughout Obama's two terms in office that journalists started warning about "secular stagnation." They said the country was in a period of long, sustained, slow growth resulting from slow population and productivity growth.

In August 2016, the Times declared that "the underlying reality of low growth will haunt whoever wins the White House."

The next month, CBS News reported that "with U.S. economic growth stuck in low gear for several years, it's leading many economists to worry that the country has entered a prolonged period where any expansion will be weaker than it has been in the past."

In short, there was no upward trajectory to the economy on anyone's radar when Trump took office.

Now that the economy is outperforming everyone's expectations, Trump's critics want to pretend that the current boom was already baked in the cake.” Economic Boom: Media Rewrite History To Credit Obama Instead Of Trump
Over 8 years President Obama’s economy produced $6.4 trillion less GDP than was projected when he took office in January 2009. That initial projection already incorporated the recession that began in 2007.

Since President Trump took office in January 2017, CBO has raised its projection of the cumulative 2017-2024 GDP by $3.3 trillion. https://www.manhattan-institute.org/html/trump-vs-obama-economy-who-performed-better-11474.html


Trump rescued America from the economic oblivion under Obama

Even in the midst of the economic boom America is enjoying under the stewardship of Donald Trump, Democratic candidates are suggesting we return to the failed policies of Barack Obama. Since President Trump took office two years ago, the national economic engine has been roaring, generating widespread prosperity across every corner of the country.

In 2016, the final year under President Obama, real gross domestic product grew by just 1.6 percent, which was also the average growth rate during all of his eight years in office. Under President Trump, growth increased to 2.2 percent in 2017, jumped again to 2.9 percent in 2018, and rose to an incredible 3.2 percent earlier this year.

By adopting policies that put our nation first, such as cutting taxes to make businesses more competitive and allow workers to keep more of their paychecks, eliminating wasteful regulations, and protecting our workers from unfair foreign competition by renegotiating outdated trade deals, President Trump has been the polar opposite of his predecessor. President Obama heavily regulated the financial industry in an attempt to reduce economic risk, but this strategy of punishing bankers only ended up dragging down growth. He also championed poorly negotiated trade deals that put our workers at a disadvantage, such as the Trans Pacific Partnership that President Trump wisely scrapped after taking office.

The results of these wildly different approaches speak for themselves.

…the free market policies of President Trump are what rescued us from the economic calamity brought on by the big government liberalism that the Democrats are still pushing to this day. Trump rescued America from the economic oblivion under Obama

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Curious that even though he promised to pay down the Debt in 8 years if elected, Trump maintained the pace of Debt growth throughout his 4 years. He essentially took a robust economy and supercharged it with additional debt through his, unpaid for, tax cuts. He is the king of debt as he says so himself.
 
It’ll never sink in.

To some, the economy under Obama was a disaster but the economy under Trump was a miracle despite the fact that the graph you posted is essentially identical under either president.
For many, ideology trumps reality.
 

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