Obama tries to take credit for current economy....

How do you get update numbers when the comparison was the last 21 months of the Obama administration with the first 21 months of Trump’s? Duh... lol

Looks like Trump has a spine and Obama has a bunch of excuses.

 

No, but that it is a false choice to pretend like I must.

 

Tax Revenues are at records only of you forget to account for inflation and trump is not proposing any total reduction in spending.

 

A) Cutting the budget is not the only method for reducing the deficit.

B) All of the democratic nominees would support a reduced funding level to the single largest socialist and discretionary source of budgetary spending.

 

Boy... That's a tough one, but I'll give it a try.
2020 minus 2017 equals 3 years times 12 months in a year is 36 months.

Trump needs to get that magig wand out of his ass and put it to work.

 

Bravo President Trump for not destroying but improving and expanding on what Obama has left him! We need President Trump to do more of the same for another 5 years!

 

Manufacturing in the US just hit a decade-long low in January of this year.

What is trump's excuse?

 

Account for inflation we have record tax revenues and now you're making excuses. Which Democrats have proposed more spending cuts?

 

"We have record revenues!"

Really?

FIVE indisputable facts that above-average intelligent people know are true;

a. Revenues adjusted for inflation, AND adjusted for the population/per capita; NOT A RECORD!
b. Revenues as a percent of GDP; NOT A RECORD!
c. Average revenue per employed, adjusted for inflation; NOT A RECORD!
d. Trump's Revenue Growth Rates; BELOW AVERAGE historical rates!
e. Trump's Revenue Growth Rates compared to previous economic boom cycles; DISMAL!

 

Quote: Account for inflation, we have record revenues

Really?......FY2015 revenues amounted to $3.249 trillion, please adjust to inflation.

In addition.....

FIVE indisputable facts that above-average intelligent people know are true;

a. Revenues adjusted for inflation, AND adjusted for the population/per capita; NOT A RECORD!
b. Revenues as a percent of GDP; NOT A RECORD!
c. Average revenue per employed, adjusted for inflation; NOT A RECORD!
d. Trump's Revenue Growth Rates; BELOW AVERAGE historical rates!
e. Trump's Revenue Growth Rates compared to previous economic boom cycles; DISMAL!

 

The full effect of the trade deals hasn't hit yet. When they do, the numbers will continue to rise. Trump is doing awesome work for our economy.

 

You can twist and dance and try to couch it as much as you want, we have record tax revenues.


https://www.thebalance.com/current-u-s-federal-government-tax-revenue-3305762

 

The amount of money that US taxpayers are providing the federal government because of Trump's tariffs account for a significant amount of the increase that we see from FY2018 to FY2019
https://markets.businessinsider.com...er-china-trade-war-imports-2019-12-1028747970

 

No LW response to this?

 

Yea, things are so bad, Obama is trying to take credit for the great economy under Trump. lol

 

The master craftsman is building. Keep him building. Obama didn't build this.

 

Obama spying on political opponents and journalists and violating the constitution, even if true, have nothing to do with the economy. Also, economic growth during Obama's second term is equivalent to Trump's first, with a lot less dependence on debt. Obama's first term saw a weak recovery, but this recession was different from others and was more of an economic collapse. Compared to other countries, our recovery was pretty good. Could have Obama done more? Yes. Is he solely responsible for all the growth we saw? No. Fed policies, Bush's bank bailout, Trump's tax cuts, and the natural growth of the economy were big factors too. But Obama's stimulus, auto bailout, and unemployment benefit extensions, all opposed by Republicans, helped the economy too.

 

If Obama's minions had not been spying on Trump and using British MI6 the USA would be even more prosperous today.

 

The NSA and FBI don't deal with the economy so its unlikely our prosperity would have been effected. Also, Republicans held both the senate and the house and refused the pass or compromise on anything Obama wanted.

 

Obama never tried to take credit for Trump's worsening trade deficit or his increasing deficit while in a growing economy.

 

The response is obviously to note that starting the trend line at the moment that Obama took office starts the trend line while the inherited global economic recession was still ongoing and before any of Obama's policies to battle that recession could have been voted upon.

 

That's why I voted GOP.

 

Yeah. Lucky for us Trump is backing away from his trade war. We couldn't afford much more.
Imports are down 50 billion and it only increase prices by 55 billion. But of course that doesn't count the 20 billion we lost in exports.

 

The dem investigations weakened Trump internationally in foreign affairs and trade, and have held up the government from getting things done. The pick and shovel work is nearly over, the 2nd term is for fulfilling what has been held up.