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

Discussion in 'Current Events' started by BuckyBadger, Feb 17, 2020.

  1. doombug

    doombug Well-Known Member

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    So everyone clearly remembers the dire predictions on the economy when Trump was elected but when things are going great dickhead obama tries to take credit.....lolz indeed!
     
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  2. MrTLegal

    MrTLegal Well-Known Member

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    He had 4 periods over 4% in chained dollars.

    2009 Q4
    2011 Q4
    2014 Q2
    2014 Q3

    Trump has had zero so far.
     
    Last edited: Feb 19, 2020
  3. MrTLegal

    MrTLegal Well-Known Member

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    Obama is not claiming credit for trumps increasing deficit during a growing economy or his growing trade deficit.

    He is claiming credit for 10+ years of sustained economic growth.
     
  4. dairyair

    dairyair Well-Known Member

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    [​IMG]
    According to this chart, in terms of job growth, just not as great as obama did at the end of his term.
     
  5. dairyair

    dairyair Well-Known Member

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    Any data to back up your claim.
    Granted this ends in 2018. But this article shows that all that has happened is a decline.

    https://www.statista.com/statistics/813419/employment-in-the-us-steel-industry/
    Employment in the U.S. iron and steel industry from 2013 to 2018, by category
     
  6. Dutch

    Dutch Well-Known Member Past Donor

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    It appears, the chart is from CNN site? Such :roflol:an independent source!
     
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  7. dairyair

    dairyair Well-Known Member

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    Look at the chart. It shows where the data came from.
    CNN just ran the story.
     
  8. Dutch

    Dutch Well-Known Member Past Donor

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    Ah yes, sorry. Do they account for the fact that most Obama era jobs were contract or part time jobs?
     
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  9. dairyair

    dairyair Well-Known Member

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    Source?
     
  10. ButterBalls

    ButterBalls Well-Known Member

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    I love how the left spin a recovery as job creation, when 8.8 million job were lost! They run away from the fact that once the economy reset millions of displaced and layed off workers returned to the same jobs they were temporarily laid off from! But Obama and his spinners made it look like the idiot CREATED all those job :)

    The real growth comes from a point where Mr. Obatard left it and someone/anyone replaced him and improved what he left, simple logic! Trump clearly is pushing improvements PAST what Mr. Obatard claimed was the new norm! To make an even bigger statement, Trumps economy is creating jobs at a point where unemployment levels are generally considered "Full Employment" that my friend has not happened in a very long time! And would never have happened under the last moron even if he'd had 16 trillion to piss away! He couldn't even put together a damn chain gang to fix potholes, pave a road or even paint a bridge, he just rode the reset and counted those that returned to their jobs as "Creation" and those that never made it back he shuffled off the books as fully employed although they actually ran out of benefits and were left to live in the tent cities we see today..

    Ya that's the legacy of the late great Mr. Obatards eight trillion not so shovel ready job economy :)

    And Btw, when the left tell you how Mr.Obatard made all this happen, simply ask them how he did it and to be specific! They cant and wont tell you how because he didn't do anything even with eight trillion that the left will not be able to tell you where that went either :)
     
    Last edited: Feb 19, 2020
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  11. Dutch

    Dutch Well-Known Member Past Donor

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  12. ButterBalls

    ButterBalls Well-Known Member

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    BLS look it up. maybe have Rahl link it for you ;)
     
  13. ButterBalls

    ButterBalls Well-Known Member

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  14. US Conservative

    US Conservative Well-Known Member Past Donor

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    And many of those "jobs" were part time as well.
     
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  15. dairyair

    dairyair Well-Known Member

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    Last edited: Feb 19, 2020
  16. ButterBalls

    ButterBalls Well-Known Member

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    Ya, quantitative Easing bumps! And soon as the injection was gobbled up by his supporters the GDP went in to the shltter every time :)
     
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  17. ButterBalls

    ButterBalls Well-Known Member

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    Last edited: Feb 19, 2020
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  18. BaghdadBob

    BaghdadBob Well-Known Member

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    The source is Alan Krueger - obozo's chairman of the Council of Economic Advisers until 2013 - in a study alongside Lawrence Katz made note that 94% of the jobs "obozo created" were side hussles (part time/contract work).

    Question: Why must conservatives constantly revisit undisputed facts with the leftist deniers?
     
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  19. ButterBalls

    ButterBalls Well-Known Member

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    You would think at this late date they would be comfortable with their leaders failures and just accept the democratic roll in politics today and learn to just LIVE with it :)
     
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  20. dairyair

    dairyair Well-Known Member

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  21. dairyair

    dairyair Well-Known Member

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    Conservatives would seem to lie?

    http://scholar.harvard.edu/files/lkatz/files/katz_krueger_cws_v3.pdf?m=1459369766
     
  22. BaghdadBob

    BaghdadBob Well-Known Member

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  23. Bluesguy

    Bluesguy Well-Known Member Donor

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    Big River Steel and Steel Dynamics both building new mills in South Texas. AM-NS Alabama putting in a hot melt furnace so they don't have to import slabs from Brazil. I was just at the new Mazda-Toyota plant under construction. All the suppliers that are building facilities to supply. Hyundai a $30M expansion.

    Tell me do you think Bernie Sanders will increase manufacturing in the country and if so how?
     
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  24. Bluesguy

    Bluesguy Well-Known Member Donor

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    Well then Trump has had 3 over 3 which was his goal and we're not in a recovery but sustained growth
     
  25. Bluesguy

    Bluesguy Well-Known Member Donor

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    Trump is the one proposing spending cuts what are the Democrats offering, Congress controls the budget will the Democrats pass his?
     
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