I took your tone as incredulity as well.



LMAO! "Great Obama Recovery." The most tepid after-shock recovery in US history.

Lol

And I can see why you guys would think that I would feel that way.

Also, lets not forget that a recovery in inevitable after a big recession. It had to come sooner or later, so it's really no accolade for Obama to have seen a recovery within 8 years of his post-recession presidency. Similarly, the boom period has to end at some point, and there's no shame in it ending after 10 or 11 years.

Simply put, Obama was neither to blame for the crisis he inherited nor to praise for presiding over a tepid recovery. Trump is neither to praise for a good economy he inherited nor to blame for the cycle eventually ending.


What presidents can actually influence is not the occurrence of upswings and downswings, but their intensity and timing.
Obama has to bear some blame for the sluggish recovery, Trump has to get some praise for kicking the economy into overdrive and probably having extended the boom cycle for a couple of years. He also has to carry some blame for his trade wars potentially having ended the bull market a bit earlier than necessary.

This post was edited by Black XistenZ on Aug 22 2019 06:48am

Austerity is a good way to cause a recession.

Where is Yang Gang?

Their internet connections suddenly are not working lately.

you know who DOES like donald trump?

vladimir putin, racists, corporations that don't want to pay taxes, white nationalists, kim jong un, david duke, millionaires that want tax breaks, rodrigo duterte, richard spencer, mass shooters...

You know who likes water and vegetables? Hitler. Hitler likes water and vegetables.

i've always been a cat person just because of how Hitler loved dogs, you can't be too careful.