You picked a time frame that did include a recession that did skew the numbers
How? The market was
dropping when Obama took office. So even with the market dropping, in the middle of the recession that wouldn't end until
AUGUST OF 2009, Obama
still had better market growth than Trump through
JULY OF 2009.
So Obama had grown the market by more than Trump did,
in the middle of a recession.
because it causes the market to tumble, then recover to a certain extent.
You ******* clueless, lying shitbag. The market
was tumbling when Obama entered office. In fact, the market didn't reach bottom until
March 2009;
TWO MONTHS INTO OBAMA'S TERM. And even with that, he
still had better market growth than Trump.
You then proceeded to rub paint on your face and dance around the campfire, certain that you had managed to rehabilitate the abysmal Obama economic record from certain oblivion.
Obama's record doesn't need rehabilitation. He grew the economy more than Bush the Dumber did. He created 11.7M jobs, Bush the Dumber lost 400,000. He grew the market by 31% in his first year; Trump grew it by 25%. He reduced the deficit by 2/3 from where you assholes left it. He got the uninsured rate down to an historic low.
And he did all that with no help from Conservatives. Now you're trying to take credit for the strong economy and tightened job market Trump inherited all to make yourself feel better on an internet message board? **** you. You don't get that credit. In fact, you get the blame for creating the fewest jobs since 2012, and for weaker market growth than Obama had in his first year.
What you fail to acknowledge, however, is that whatever you think Obama did to cause the market to rebound, Trump has done as well, and Trump didn't have the advantage of an artificially low starting point. One would have expected Obama to have ignited an economic boom, much as Reagan did, that would have put the recession in the nation's collective rear view mirror. Instead, he managed to drag everyone through painful daily reminders of poor economic conditions, IE the slowest economic recovery ever.
Trump has done
NOTHING to help grow the economy, which is why job creation reached its lowest rate since 2012, and the market grew by 25% when in Obama's first year, it grew by 31%.
Secondly, Reagan didn't produce any economic boom. In fact, you probably don't remember because you were just a baby, but
Reagan's presidency ended with the S&L Scandal which resulted in the largest taxpayer-funded bailout until Bush the Dumber's TARP, a deficit twice as large as the one he inherited, a near-tripling of the national debt (growing it more than any President before him...twice over), and the 1990-91 recession which was only fixed when Bush the Elder and Clinton raised taxes.
Reagan didn't create any conditions for an economic boom. He created conditions for a recession...and that's precisely what happened once he left office.
So dance around your campfire while the rest of the nation enjoys the renewed economic optimism that will benefit Trump quite a lot.
Trump has Obama to thank for this economy and job market.
The funny thing is, you can twist and shout however much you want, but presidents get credit and blame for what happens when they're in office. Reagan kicked off an incredible boom and got credit for it. Obama reigned over dismal times and got blame for that. Trump is in office now, when things are picking up, and he'll get credit for that. All five of you can mumble back and forth to each other all day long about how democrats are to blame for nothing and cause all good things to happen, but it won't help your cause.
The DJI went from the 6000s to the 19,000s under Obama, how is that dismal?
The unemployment rate went from a start of 7.8 to 4.8 under Obama, how is that dismal?
The last 4 years under Obama job creation averaged 214 thousands a month under Obama, 33 thousand more a month than under Trump so far, how is that dismal?
The funny thing is, you can twist and shout however much you want
No, no. Hold on. Back up. Before you try to scamper off, we have to first address your wrongness. We can't move forward until you come to terms with the facts.
You screeched like a barnyard animal that it was
unfair to start counting Obama's growth in the market from day one because the recession "skews" the numbers. How? You don't say. So then when I shorten the window to the first six months of Obama, what ends up being revealed is that Obama grew the market more than Trump did in that time frame,
while the economy was in a recession. A recession that ended in August 2009. Yet, Obama's first six months take him through to July 20th, 2009. So Obama grew the market more than Trump did,
during a recession.
Secondly, the market was tumbling when Obama took office and continued to tumble for about 2 more months until it finally reached its bottom in March of 2009. So you need to own up to the fact that you were spreading bullshit and arguing bullshit with me, even though you are well aware or capable of learning and knowing the facts.
Thirdly, you said Obama's record was "abysmal". You offer no specifics, you just state it as a statement of fact even though it's clearly not factual and is just your bullshit, unearned, entitled opinion. I provided you with metrics that, when compared to your guy Bush the Dumber, indicate anything by an "abysmal record", and in fact rivals that of your beloved Ronald Reagan, who only created three million more jobs than Obama, even though he tripled the debt and doubled the deficit, and left office in the midst of the S&L Scandal which would end up tanking the economy, causing a recession, and leading to the largest bailout until...Bush's TARP.
So we can't move forward in this discussion until you come to terms with reality and that your message is flawed, false, and bullshit.
Reagan kicked off an incredible boom and got credit for it.
What "boom"? All the perceived boom during Reagan was wiped out by the 1990-91 recession caused by the S&L Scandal,
which Reagan was doing everything he could to encourage. Reagan didn't set the stage for the Clinton years. Reagan set the stage for the 1990-91 recession. Conservatards always skip over Bush the Elder. Apparently, you all think it went Reagan for 8 years, then Clinton for 8 years. It's like you pretend 1989-1992 never happened. Which is weird. Really weird.
Obama reigned over dismal times and got blame for that
So here's the problem with this statement; the economy is virtually the same now as it was in 2013-6, when Obama was President. So you can't say that he's responsible for the dismal times when there weren't dismal times. And what was the cause of the dismal times? Bush the Dumber's economic collapse and the morally and intellectually bankrupt Conservatives who put party before country and tried to obstruct everything Obama did. Why? Because if Conservatives had taken part in the recovery it would be a tacit admission that the policies they supported during Bush caused the economy to be recovered. And Conservatives are too cowardly and prideful to admit their governing ideologies are bullshit. So they obstructed Obama and appealed to America's deplorable racist know-nothings, and to Russia for help. The great embarrassment to modern American politics; Conservatism.
Trump is in office now, when things are picking up, and he'll get credit for that. All five of you can mumble back and forth to each other all day long about how democrats are to blame for nothing and cause all good things to happen, but it won't help your cause.
First of all, this is quite the different take you had
before I provided you with some facts. Why is that? Do you always change debate tactics mid-stream like that?
at least Trump didnt have to borrow 10 Trillion dollars last year to create a few million jobs! it was cutting the regulations that did it
Reagan ended his term with the S&L Scandal, the largest bailout of all time (until TARP), the Iran-Contra scandal, and a recession that would hit a year later in 1990.
About the same time when the walls of your bleoved commusnism in Europe came tumbling down. You losrt then and yet again.
It is obvious, to say the least; that we all have different views on what actually happened. I wonder why?
So let me start with Golfing Gator---------->
1. His assertion----------> Dow went from 6000 to 19,000. Is he correct? Why yes he is. One fore Golfing Gator, but then we have to deduct 1/2 point at least!
Why?
ANSWER----------------> Because what he fails to remember, or possibly tell you is some pertinent facts.
A. Did, or did not the rich get extremely more wealthy under Obama; in other words........income inequality?
Why did that happen?
Because, have you ever heard of QE? Meaning QE1 through whatever number they ran it to? Who got that money? I will give you a minute to think about that-) What did they do with that money? I will also give you a minute to contemplate that!
In case anyone doubts my take, then ask yourselves------------->why did income disparity rise so dramatically? If the middle class invested in the market as did the rich because we all had access to the QE money equally between classes as a whole, then how did the filthy rich pull away so far under Obama!
Let me give a little economic lesson here-----------> the market has NOTHING to do with what something is actually worth, but rather how much is invested in it. Where did the rich put their monies? IN THE MARKET! What did it cause the market to do? Rise like crazy. Why did they do it? Because no other investment vehicle could even come close to keeping up since the federal reserve had interest rates at next to zero, meaning CDs, even today, pay next to NOTHING.
So where is Trumps' QE bump? He doesn't have one, but I digress-)
As far as Derp-A-De-Do-Da----------->Your claim is that HW Bush, using the Reagan policies, caused the recession that Clinton had to suffer through. Remember "read my lips?" Of course, that had absolutely nothing to do with it, nor why Bush senior lost, but again, I digress!
Then if your case is valid pray tell, whos' policies created the recession that took effect and that was ongoing, when Bush Jr took office? You mean that after 8 years of Clinton fixing everything, he couldn't hand over a growing economy to Bush Jr?
In being fair, and honest-----------> Clinton did a fine job as President as far as economics. You can give credit to Newt if you like, but as an administration, economically, he was relatively sound. You can hate him for the blue dress if you want to, or for another number of reasons, but economically.........no way, Jose`.
Same goes for Reagan. You can hate him all you want to, but economically, golden! Remember, what government decides to do with the money it takes in is NOT his forte. His policies boomed the economy, and raised receipts to the treasury, just like Kennedys' did.
Now Derpy-doo...........about the USSR collapsing. Think the Reagan policies had NOTHING to do with it, do you? Well then, I ask you this question, which is not the most incriminating information that you are wrong, but I chose to start with it because it is something most Americans do NOT know about------------->
How many people here know, that as the Soviet Union was collapsing, there was a huge push in their government and military, to do a pre-emptive nuclear strike against us?
Anybody?
Well, it is 100% true! Unknown to Americans, it was the closest we ever got to nuclear war...........and it wasn't our decision. Most of the hierarchy in the Soviet Union, had decided that they had to take us down as they collapsed. You should really research this, all of you, to discover how close our country was to a devastating, nuclear, attack.
So the real question is why? Why attack us? We didn't do a thing, right Derp! According to Derpy-Doo, we didn't do anything to bring down the wall, or cause their collapse, right Derpy-do. ) OR DID WE-)
Instead of listening to him........or me.........maybe you should do a little research. Learn something about what actually happened, so that nobody can manipulate you, ever again!
