Seems to me, if the FED didn't continually debase the value of the currency?
This whole argument between the left and the right would be moot.
The government and financial institutions gain by such a policy, while the poor and middle class demand something be done when they can't afford as much, year after year, just so the government can spend more on either defense, or entitlements, or what have you. . . .
. .. and the FED pumps more into the economy, and the dollar loses more purchasing power, year after year, and the cry for socialism goes out among the middle classes and the poor.
While you all stupidly sit there and think it has to do with what idiots they put in congress or in the oval orifice.
It gets worse every year.
derp derp derp.
How Trump’s economy stacks up - Axios
Wow, amazing how different figures can be from a left leaning source such as axios vs hudson institute, right leaning but known for factual reporting
Economic Growth by President - by Jeffrey H. Anderson
View attachment 310270
Johnson (1964-68), 5.3%
Kennedy (1961-63), 4.3%
Clinton (1993-2000), 3.9%
Reagan (1981-88), 3.5%
Carter (1977-80), 3.3%
Eisenhower (1953-60), 3.0%
(Post-WWII average: 2.9%)
Nixon (1969-74), 2.8%
Ford (1975-76), 2.6%
G. H. W. Bush (1989-92), 2.3%
G. W. Bush (2001-08), 2.1%
Truman (1946-52), 1.7%
Obama (2009-15), 1.5%
(According to the BEA, real GDP growth in 2016 has been 0.8 percent in the first quarter and 1.2 percent in the second quarter. Those figures, being from an incomplete year, are not included in President Obama’s tally. If economic growth does not improve over the rest of 2016, however, his overall tally would drop slightly.)