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Sep 8 2018 05:11pm
Quote (fender @ 9 Sep 2018 00:31)
so the guy who introduced a stimulus for an economy in shambles, that he inherited from his predecessor, is treated the same way as the guy who does it with a healthy economy, just to boost his numbers - abd despite running for the party of 'fiscal responsibility'?
sorry, but if you're trying to argue on a level above endless' meme hackery, you'll have to put in more effort than that.


https://www.thebalance.com/us-deficit-by-year-3306306

specifically, look at the fourth column which shows the deficit per fiscal year as a percentage of GDP.

what we see is, first, that the deficit under obama skyrocketed during his first years in office, largely due to the aftermath of the great recession. fine.
but second, we see that even during his later years in office, more than 5 years after the recession, from 2013 through 2016, he was stilll making a ton of debt.

if you claim that trump simply inherited an already great economy from obama, then why was the deficit in 2016 on the same levels of the fiscally worst years of the bush presidency? if the late obama economy was so great, then why was he still making as much debt as bush did at the height of the iraq war?

even if the exclude the aftermath of the great recession, you and your fellow liberal particiants here on PaRD have to admit one of two things:

Either the late obama economy was indeed sluggish and still in the process of recovery - in that case, Trump and not Obama is the one to take credit for the economy picking up pace since trumps election.
Or the late obama economy was already great, but obama still ran an unusually high deficit on it; even if we discount the aftermatch of the great recession from 2009-2011. In that case, you have to admit that Obama was not a fiscally responsible president even when we look at it in fair way.

That Trump is fiscally irresponsible as well is another story, and I dont dispute that.

This post was edited by Black XistenZ on Sep 8 2018 05:11pm
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Sep 8 2018 05:20pm
oh look we are talking about markets and economics again and henirch is trying to argue this point even though his ancestors rekt Germany's economy multiple times before and after they started global fights that they lost.

as the DJIA eclipses 26k+ and Q3 GDP growth is revised up to 3.3% (with Q4 expectations just as high) Q2 was 4.2%, it's time to take a look back at what the smart lefties who know everything and voted not for President Trump said would be reality:

http://money.cnn.com/2016/10/24/investing/stocks-donald-trump-hillary-clinton/ - A Trump win would sink stocks. What about Clinton?
http://www.politico.com/story/2016/10/donald-trump-wall-street-effect-markets-230164 - Economists: A Trump win would tank the markets
http://fortune.com/2016/11/08/donald-trump-stocks-crash/ - A Huge Hedge Fund Says Stocks Will Crash if Donald Trump Wins
http://www.marketwatch.com/story/the-stock-market-could-crash-if-donald-trump-is-elected-2016-10-31 - The stock market could crash if Donald Trump is elected president
http://www.investors.com/news/fbi-reveals-more-evidence-that-stocks-will-fall-if-trump-wins/ - FBI Reveals More Evidence That Stocks Will Fall If Trump Wins
https://www.nytimes.com/2016/11/01/business/dealbook/what-happens-to-the-markets-if-donald-trump-wins.html - What Happens to the Markets if Donald Trump Wins?..."The conventional wisdom is that, right off the bat, the stock market would fall precipitously."
http://www.newsbusters.org/blogs/nb/tom-blumer/2016/11/10/ny-timess-paul-krugman-trump-wins-markets-will-never-recover - NY Times's Paul Krugman, As Trump Wins: Markets Will 'Never' Recover
http://www.thefiscaltimes.com/2016/09/06/Mark-Cuban-Stocks-Will-Crash-if-Trump-Wins - Mark Cuban: Stocks Will Crash if Trump Wins

reality:

DJIA 26k
NASDAQ 8k

http://money.cnn.com/2017/05/24/news/economy/trump-obama-economic-forecasts/index.html - Reality check on Trump's economic growth forecasts
https://www.vox.com/policy-and-politics/2017/5/23/15674512/trump-budget-economic-growth - Donald Trump’s budget relies on magic economic growth. Three percent per year is a lot less reasonable than it sounds.
http://www.latimes.com/business/hiltzik/la-fi-3percent-20170519-story.html - If Trump thinks he can get more than 3% economic growth, he's dreaming
https://www.cnbc.com/2017/09/25/economists-dont-buy-trumps-3-percent-gdp-growth-target.html - Economists don’t buy Trump’s 3 percent GDP growth target
https://www.npr.org/sections/goatsandsoda/2017/05/23/529711005/one-huge-problem-with-trumps-promise-to-grow-the-u-s-economy - One Huge Problem With Trump's Promise To Grow The U.S. Economy
https://www.vanityfair.com/news/2017/07/trump-does-not-appear-to-understand-basic-economics - TRUMP DOES NOT APPEAR TO UNDERSTAND BASIC ECONOMICS. Does the president know how G.D.P. growth works? The evidence is not encouraging.
https://www.cnbc.com/2017/05/24/heres-why-trumps-3-percent-growth-target-doesnt-add-up.html - Here's why Trump's 3 percent growth target doesn't add up

reality:

4.2% Q2 2018 GDP growth
multiple 3%+ GDP growth quarters

some may argue otherwise but these are all good things and are a part of the tremendous consumer confidence that was unleashed starting November 9 2016 when President Trump won the election, in and has fully taken hold in the last couple quarters with 3%+ gdp growth (and projected to continue on)

[√] winning [ ] not winning
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Sep 8 2018 05:41pm
too many facts guys, trump cant do anything right

basics please
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Sep 8 2018 05:53pm
Stop wasting time on leftists. Only great suffering will show them the light
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Sep 8 2018 06:43pm
Quote (EndlessSky @ Sep 8 2018 06:53pm)
Stop wasting time on leftists. Only great suffering will show them the light



They've been praising cuba and russia for almost 60 years
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Sep 8 2018 07:06pm
Quote (Plaquelord @ Sep 8 2018 08:43pm)
They've been praising cuba and russia for almost 60 years


Dont worry, this time itll work
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Sep 8 2018 07:38pm
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Sep 8 2018 07:39pm
Quote (EndlessSky @ Sep 8 2018 09:38pm)




:lol:




/e

Obama's last speech in one image







This post was edited by Ghot on Sep 8 2018 07:44pm
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Sep 8 2018 07:52pm
Quote (Ghot @ Sep 8 2018 06:39pm)
:lol:




/e

Obama's last speech in one image

https://img-9gag-fun.9cache.com/photo/adKmpmN_700b.jpg


this is what Trump does literally every single day but with zero credibility and nearly no information that doesn't qualify as misleading or outright lie
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Sep 8 2018 07:57pm
Quote (Beowulf @ Sep 8 2018 09:52pm)
this is what Trump does literally every single day but with zero credibility and nearly no information that doesn't qualify as misleading or outright lie


No one denies that. At least he has a sense of humor. And he doesnt call half of america racist bigot etc. He lets us all live our lives without bothering us
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