Quote (stuartg85 @ Oct 16 2020 11:52am)

assuming you use gdp as an indicator of success, obama > trump

if you wanna go on the market, the dow was up like 150% under obama, it's up like 40% under donny t

and glad to hear all 14 people that live in wyoming have jobs, and i'm sure they are jobs that contribute heavily to the greater good of the country...

Quote (EndlessSky @ Oct 16 2020 11:54am)

Obama said that 2% growth was the new normal. He had much lower standards. He was lucky because growth is much easier immediately after a recession.

Trump took a below average market and shifted it above average, all without cheating with negative fed interest rates.

Quote (Giannis @ Oct 16 2020 10:21am)

People need to ask themselves what are the signs of a good economy. Is it GDP? Is it unemployment figures? Is it quality of life? Is it the stock market? A means to satisfy the needs and demands of the people?

The GOP's idea of a strong economy is almost exclusively related to how well the stock market is doing.

What used to set America apart from the rest of the world was an expansive middle class. Also, ease of upward mobility. The ability to find 1 job that pays a living wage, sustaining a family.

Those concepts haven't been around since the 90's. We have an evaporating middle class and it's almost unheard for an upper middle class family to have a single income earner.

Quote (Santara @ Oct 16 2020 12:11pm)

Bush 41's term ended with a concluded Cold War. Completely understandable as the economy shifts.
Clinton's economy also ended in the dot com bubble bursting.
Bush 43's crash was born in 1913 and encouraged by liberal housing policies.
Obama's recovery was the weakest post-crash recovery in American history, and should have been huge, considering how sharp it was.
The economic catastrophe now has nothing to do with the president.

Quote (stuartg85 @ Oct 16 2020 11:58am)

i dunno, uncle don seems to think 2% is good too..

as for "unintelligent spending" sure, he swung and missed a few times trying to bail out half of the private sector that republicans seem to think is the backbone of this economy

https://www.statista.com/graphic/1/263614/gross-domestic-product-gdp-growth-rate-in-the-united-states.jpg

Quote (stuartg85 @ Oct 16 2020 11:58am)

i dunno, uncle don seems to think 2% is good too..

as for "unintelligent spending" sure, he swung and missed a few times trying to bail out half of the private sector that republicans seem to think is the backbone of this economy

https://www.statista.com/graphic/1/263614/gross-domestic-product-gdp-growth-rate-in-the-united-states.jpg

Quote (stuartg85 @ 16 Oct 2020 11:42)

not gonna lie, i lol'd here

the only post crash recovery that even comes close is the depression, and we went to war to get out of that, not only did obama inherit a recession, he also inherited a war

his growth was going just fine until uncle donny came in, ignored science, focused on selling off his steel shares before going to war with china on it, and then let us fall into a self inflicted collapse

trust me, i've gotten even wealthier from this pandemic, but i'm already in the top 1%, i don't need it

middle class americans need help, and jobs continue to fizzle as he struggles to understand how to implement policy during an active pandemic

Quote (EndlessSky @ Oct 16 2020 12:06pm)

Obamas numbers were also to a moderate degree faked. He expanded the size of the federal government. Government jobs dont create goods for society so he was basically just putting his hand on the scale to look good without improving peoples lives. CPI for critically important goods went up under Obama from a shrunked supply.

His unemplyoment numbers were also twice as bad.

Do you think that 3% growth from a normal economy is harder to do than 3% growth after a -5% drop?

Quote (excellence @ Oct 16 2020 12:06pm)

congrats!!! happy to hear how well things are going for you so here is how you can help!!!! Write a big check to the irs and another one to your state govt and in the memo line write: Funds for Stimulus only.

you dont need all that excess income, the govt can use it better :)

Quote (Santara @ Oct 16 2020 10:58am)

We last had a strong middle class when they were paid in dollars tied to gold (1970).

Quote (stuartg85 @ Oct 16 2020 12:11pm)

uh, unemployment was sharply declining under obama, he just again, inherited a terrible situation...

https://www.whitehouse.gov/wp-content/uploads/2019/10/Figure-1.-Unemployment-Rates-by-Educational-Attainment-1992-2019-820x492.png

Quote (Thor123422 @ Oct 16 2020 11:14am)

Then we gutted unions, stopped the investment programs we started under the baby room, continually loosened regulations on businesses buying politicians, etc. etc.