GDP Grows at 3.2% Another Left Wing Hoax Crumbles

[Tony Stark]

Obama had the benefit of both Democratic Senate and the House for the earlier part of his term, where he recieved an $750 billion economic stimulus plan, and super easy Fed with TARP, QE1, QE2, QE3, near zero interest rates, and Fed balance sheet expansion of several trillion dollars. All for an amenic economic recovery by historical standards and a near doubling of the national debt. The reason why Obama sucked is because his regulatory policies and Partisanship caused businesses to hold back on hiring and capital investment.

Trump is kicking ass in spite of the Fed reducing their balance sheet, interest rates increasing significantly, and the fact we are late in the economic cycle because of his business friendly policies. Sure there are areas of weakness in our economy right now. Some of this is related to Trump’s attempt to normalize our trade agreements. Some is related to normal intra industry cycles. However, even with all this, GDP came in strong, especially for a late cycle number. In addition, if Trump succeeds in trade negotiations or in other economic initiatives, our economy could go into prosperity mode like 2004 to 2006 without the speculative excesses. Trump recently announced he has successfully attracted several hundreds of billions of dollars in foreign investment into the US.

As shown by all time record low unemployment rates for minorities under the Trump Administration, supporting Trump is good for our economy and all American people.

The economy is good because thats the way Obama left it.Even with a good economy Trump has increased the deficit from 600 billion a year to 1.1 trillion a year.

 

[Tony Stark]

As shown by all time record low unemployment rates for minorities under the Trump Administration, .

Inherited from Obama

 

[maximumpossiblesuffering]

The economy is good because thats the way Obama left it.Even with a good economy Trump has increased the deficit from 600 billion a year to 1.1 trillion a year.

And yet, less Americans voted for Hillary than Obama. Then again, maybe Americans were underwhelmed by more than just Obama’s economy.

As for Trump’s budget increase, you have him by the balls on that one. Trump was being concillitory in part towards the Democrats, it seems. I see Trump’s bloated budget as a stain on his Presidency in spite of heavy Partisan weighted spending in the Obama Administration that left some Republican programs apparently “starved” for funding.

Conservative principles call for smaller Government. Unfortunately, the difference between “talk” and “walk” can be large at times.

 

[Tony Stark]

And yet, less Americans voted for Hillary than Obama.

But millions more voted for Hillary than Trump

 

[Tony Stark]

maybe Americans were underwhelmed by more than just Obama’s economy.

.

Left office with a 60% approval rating,considered a top 12 president by historians and won over 50% of the vote twice,only 1 of 4 presidents to do so in the last 119 years.

 

[DTB2]

Left office with a 60% approval rating,considered a top 12 president by historians and won over 50% of the vote twice,only 1 of 4 presidents to do so in the last 119 years.

All done without accomplishments.

 

[Tony Stark]

left some Republican programs apparently “starved” for funding.

.

Yes tax cuts for the the rich and a military that is funded more than the next 13 countries militaries combined needs to be fed.

 

[Tony Stark]

All done without accomplishments.

Reduced deficet from 1.2 trillion a year to 600 billion a year

Killed Bin Laden
Ended Iraq war
Saved auto industry
Ended dont ask dont tell
Stopped Iran from getting nukes
Federal Recognition of Same-Sex Marriages
Ended Bush torture policies
Normalized Relations with Cuba
Protected DREAMers from Deportation
etc etc etc

 

[maximumpossiblesuffering]

Inherited from Obama

View attachment 201589

You have a pattern of showing this chart with this short history and specific race instead of ther broader “minorities” category in an attempt to support your agrument that Obama was somehow a competent President. A chart with a longer time frame is shown below in order to show the history of Black unemployment under other Presidential Administrations. In addition, as employment nears full capacity, incremental gains are harder to come by. This is why record all time low minority unemployment is such a big deal. Almost all of Obama’s minority employment changes were recovery, not net gains. However, the more volatile Black unemployment chart is below:

Looks like there was a recent uptick, though. As this longer term charts shows, Obama did nothing special for Black Unemployment as President in spite of Congress and the Federal Reserve handing him the world.

I will not bother to look up the broader “minorities” category of unemployment that may show stronger numbers for Trump right now.

 

[Tony Stark]

You have a pattern of showing this chart with this short history and specific race instead of ther broader “minorities” category in an attempt to support your agrument that Obama was somehow a competent President. A chart with a longer time frame is shown below in order to show the history of Black unemployment under other Presidential Administrations. In addition, as employment nears full capacity, incremental gains are harder to come by. This is why record all time low minority unemployment is such a big deal. Almost all of Obama’s minority employment changes were recovery, not net gains. However, the more volatile Black unemployment chart is below:

View attachment 201592

Looks like there was a recent uptick, though. As this longer term charts shows, Obama did nothing special for Black Unemployment as President in spite of Congress and the Federal Reserve handing him the world.

I will not bother to look up the broader “minorities” category of unemployment that may show stronger numbers for Trump right now.

Yeah,coming into office with black unemployment around 20% and leaving office with it around 7 % is not an accomplishment.