When does Obama no longer get credit for the economy?

I put the limit of a president getting credit or blame for how the economy is performing at one year after he leaves office.

I know its arbitrary but it seems reasonable.

 

I don't.
Clinton's Glass Steagal reforms took years before they wiped half the banks out worldwide.

 

If this is Obama's economy, 9/11 belongs to Bill Clinton.

can't have it both ways.

 

Here is a good one for you.

In 2016 Obama introduced steel tariffs vs China at 500%

In 2018 Trump introduced steel tariffs vs China at 25%.

 

I don't necessarily give the president full credit for what goes on in the economy.

 

Really? Why don't you tells us how this act wiped off half the banks in the world. Or is this just something you were told. No data, No explanation, nothing.

 

As long as St Ronnie got credit for the economy!!!
Here is your MessiahRushie from yesterday:
Jul 27, 2018
RUSH: We proved this in the 1980s. Ronald Reagan did this exact thing and sustained it for what ended up being 20 years, extended all the way through the nineties to the degree that Bill Clinton was able to take credit for it

 

And if 9/11 belongs to Clinton then this economy belongs to Obama, that knife cuts both ways.

 

9/11 occurred less than a year after Bill Clinton left office.

The current good economic performance in the U.S. is occurring MORE than a year after Barack Obama left office.

 

Taking credit for the economy, in this era of open global markets, is like taking credit for the sun rising every morning. The US President, or any other world leader, can adapt to the economy but he can't control it. Furtheremore since free trade agreements like NAFTA.

The economical measures a head of state takes take like 4-5 years to give results - longer term results than those taken in the exitement of the said measures. The economy is a vast, complex and sensible thing.

 

I've been on record for years saying Presidents shouldn't get credit for the economy since most of their actions depend upon Congressional action. Sure, Obama wanted national healthcare and pushed a lot of people to make it happen, but in the end, it was Congress which wrote the legislation. Obama only signed it since the choices of Presidents is to sign or veto and the veto can be overruled by Congress.

Did GW Bush deserve credit for the Great Recession? No. Not only for the aforementioned reasons but because many of the factors involved were decades in the making. Same for Clinton and now Trump.

 

The obvious answer would be if the economy were to do a flip-flop under President Trunk and revert once more to the dreary results of the Obamanomics years.

But if the economy continues to roar forward as it has under Trump then as far as all leftists and the MSM (and I know that we are talking about the same thing there) are concerned, their lord GOD Barack Obama is responsible for not only the current economy but its future robust health, period, should that trend continue even for as long as the next four and a half years of Trump's two terms of the presidency.

All they will credit Trump with doing in that case is not screwing up the economy that Obama bequeathed to him after stepping down in glory.

 

Simple question with two possible answers. Answer A the next time it goes in the crapper. B. The next time a democrat holds the white house.

 

As I pointed out, the Right gives Reagan credit for the economy throughout the 1990s, that is 12 years after he eft office.

Jul 27, 2018
RUSH: We proved this in the 1980s. Ronald Reagan did this exact thing and sustained it for what ended up being 20 years, extended all the way through the nineties to the degree that Bill Clinton was able to take credit for it

 

Reagan left office in 1989.

Most of the 1990s would be within a decade of President Reagan leaving office. Not to mention that his VP President Bush and for that matter Bill Clinton largely continued most of the Reagan Admin. policies.

 

Obama's liberal policies resulted in the slowest "recovery" from a recession in the last 100 years.

That's not surprising; FDR's liberal policies unnecessarily dragged out the Great Depression for many years.

 

Bush raised taxes and so did Clinton, so you are correct that they both continued St Ronnie's policies.

 

Overall though the U.S. never returned to the incredible maze of income tax rates that it had prior to Reagan becoming president.

 

That's right, Reagan cut the income taxes of the rich and raised the payroll taxes of the poor.

 

the raise in payroll taxes was by mutual agreement to save Social Security between the Republicans and Democrats.

As for cutting the income taxes on the rich. Why shouldn't success be rewarded and encouraged?

 

When does anyone else get credit for the economy considering that Trump and Oblam don't do much to create wealth in the US.

 

Yes I was hit with an increase in taxes and a decrease in tax deductions on the 1040.

 

Success is measured in dollars, well I bet Jesus is not agreeing.

 

Obama will no longer get credit for the economy the instant we elect an establishment democrat or progressive, or when the economy stops booming.

 

You should have been around during Nixon, Oblama was a cakewalk.