Handing off the baton. Republican to Democrat and Democrat to Republican
And what happened Second year in office real GDP:
Obama
2.57 six months off worst recession since Great Depression courtesy of George W Bush, a tax cut for the rich Republican. Obama faced in the month he was inaugurated, unemployment rising to 7.7% and and getting worse, and of course
January 2009 – 818,000 jobs lost; February 2009 – 724,000 jobs lost; March 2009 – 799,000 jobs lost; April 2009 – 692,000 jobs lost ;
Trumpo
2.88 following seven full years of positive GDP, low inflation, steady decreasing in unemployment from 10% to 4.8% with the economy adding
+227,900 jobs the month he was inaugurated.
So Trumpo beats Obama by 0.31 on Second year avg gdp and Toddster scores it Obama very weak and Trumpo very strong.
If that is not a hate based judgment call I don’t know what is.
Toddsterpatriot, post: 22092091
Trump had steadily rising rates with the balance sheet down to $4 trillion.
You claim in the most vague of terms that Trumpo
had steadily rising rates. So did Obama over a first two year comparison which is all we can do since Trumpo’s third year is headed down from 2018 and perhaps will be lower than 2017.
Trumpo cultist math involving adjectives:
Trumpo raised the GDP from his first year in office to his second a
whopping 0.67 %
Obama raised the GDP from his first year in office a to his second a
measly 5.21 %
I gave you a picture so I know you saw the numbers:
A 5.21 increase in GDP is greater than a 0.67 increase in GDP at the same point in each presidency in case you didn’t know that.
Trumpo had a 4.85 point head start his first year thanks to the Obama recovery. Trumpo had two MAGA quarters in 2018, however falling far short of the 4.0 to 6.0 annual GDP goal he promised we’d get from his tax cuts that were mostly for rich people like him.
Annual 5.0 GDP would have been very impressive had Trumpo got us there and the Fed balance sheet reduced to a trillion - about what it was prior to the Great Bush recession.
But Trumpo’s stimulus has failed on many fronts to produce anything but one quarter at 3.0 and 3.08. That’s it. You are gushing over that. Now the Fed had to end its quantitative tightening.for the rest of his term.
Tell us as a Trumpo cult member if you still believe Trumpo’s bullshit 5.0 GDP with gushers of overflowing revenue into Fed coffers are still on the way, just like Mexico will pay for a big beautiful wall and he has a plan ready to go to cover everyone’s healthcare cheaper and better than the ACA,
Or are you so deeply brainwashed that you think all that bullshit has already happened?