H
Harpy Eagle
Guest
Printing up billions a month?Are you drunk?
From the day of Obama's election till Nov 7 2016 the NASDAQ went up 257.65% and the S&P was up 120.59%
Mehh. Quantitative Easing. That was not real wealth creation, just an artificial stimulation of the market, due to the FED printing up billions of dollars a month, and buying up debt.
Trump's growth is real.
The Fed and Fiscal Policy During the Obama Years | RealClearMarkets
Then why wasn’t there any noticeable inflation ?
Obama's anti-growth policies were deflationary.
13 million jobs were added
False. The real number of jobs Obama created was 8.9 million, by the end of December 2016. But you dishonestly neglected to mention that his economy also lost 8.5 million jobs, and kept shedding them until December 2009.
The majority of jobs created under Obama were due to his American Recovery and Reinvestment Act, which were mostly construction jobs for public works projects. That successfully reduced the unemployment rate but was done at the expense of increasing the debt by $8.6 trillion. His 74 percent increase in the national debt drove the debt-to-GDP ratio to 104 percent.
Pepperidge Farms remembers all this shit.
why do you seem to care about Obama's debt but give Trump a free pass for the 3 trillion added in less than 3 years?
By the way...the GDP to Debt ratio for the 3rd Qtr of 2019 is 106%, yet you do not give a shit because Trump is the POTUS.