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If Cory Booker said it, then exactly the opposite happened.
Larry Kudlow is correct.
Let's get real here. The hapless community agitator's big solution was to borrow a Trillion dollars from the Chinese. Spread the money to political hacks, and use the money to buy all the used cars and crush them. Obama never held a real job or created a real job in his life.
Can't be that good when you have to make stuff up.
Quote:
Originally Posted by Goodnight
This is Obama's exact quote, I don't know why people need to use youtube.
The economy has been in the upswing for 10 years and it is doing quite well since of the recession, credit the recent bump to the tax cuts. I don't see anything besides the tax cut for the current prosperity. Lets see a year or two rather than a quarter but right now we are doing quite well.
Kudlow based a lot of the economic predictions particularly the reasoning behind the tax cuts on 4% growth, that seems very optimistic long term,.
Sometimes there is a double-dip effect, but in the end, what goes down, comes back up.
What is very different about the Obama recovery is the slow rate of recovery.
To have never had a single year of 3% GDP growth when coming out of a sever recession ought to be embarrassing.
The strength of recovery tends to mirror the severity of the downturn, so sub-three percent growth following such an extreme crash indicates fundamental problems.
Once recovered, economies tend to plod along in unremarkable fashion until the next recession hits.
That the now recovered economy is accelerating is a very rare phenomena.
The lowest income earners are seeing an annualized pay increase of 4.4%, and all wage tiers are growing.
This is the best news working Americans have had since the 1960s.
This needs repeating.... "To have never had a single year of 3% GDP growth when coming out of a sever recession ought to be embarrassing."
But Dems don't know enough to be embarrassed and then have the audacity to try to take credit when the economy takes off under Trump
Didn’t Obama once say Trump would need a “magic wand” to deliver on his promises to boost U.S. economy”
That 1% GDP was the new norm. Obviously the incompetent pin head Obama had no clue regarding the forces that drive the free market economy.
Booker is saying things have been tough for the past 4 decades for lower income people which includes 16 years of DEM presidencies and countless DEM controlled congresses. The reality is people lacking education and training are always going to struggle no matter who is in Washington.
The solution is to get out of poverty in my opinion is simple. Get the education and or training to acquire a marketable job still and you will no longer be in poverty. And stop playing the blame game for being poor. If you are poor in this country its your own fault.
Booker is saying things have been tough for the past 4 decades for lower income people which includes 16 years of DEM presidencies and countless DEM controlled congresses. The reality is people lacking education and training are always going to struggle no matter who is in Washington.
The solution is to get out of poverty in my opinion is simple. Get the education and or training to acquire a marketable job still and you will no longer be in poverty. And stop playing the blame game for being poor. If you are poor in this country its your own fault.
Get the education and or training? Yes but college admin and professors want these kids to pay for their pensions, of course they are going to support gov't intervention because it means more money for them.
The ridiculously high college fees putting these kids in debt before they start. How in the hell are these kids supposed to get ahead? Greedy colleges are the problem, and gov't and is not the answer. Every time I've seen gov't get involved to fix a problem they end up making it worse (easy money and greed)
If Cory Booker said it, then exactly the opposite happened.
Larry Kudlow is correct.
Let's get real here. The hapless community agitator's big solution was to borrow a Trillion dollars from the Chinese. Spread the money to political hacks, and use the money to buy all the used cars and crush them. Obama never held a real job or created a real job in his life.
So we need to borrow money during the most prosperous periods in 50 years but borrowing money during a recession is some sort of economic failure.
Kudlow has some pretty rosy predictions for a balanced budget in 2025, he also predicted that the tax cuts would pay for themselves.
I would give Obama credit for getting the economy going but Trump is keeping it rolling right along despite the Left telling us he was going to destroy it.
How much credit can we really give any President for the economy? It is a living breathing thing that moves along under its own power until someone gets in the way of it to trip it up.
We all know that people still give Obama credit for the upswing and we all know who will get the credit when it crashes in its natural cycle. Obama=Good Trump=Bad.
The solution is to get out of poverty in my opinion is simple. Get the education and or training to acquire a marketable job still and you will no longer be in poverty. And stop playing the blame game for being poor. If you are poor in this country its your own fault.
Exactly! If I did it, anybody can do it. I had very low paying clerical jobs at first, with almost no benefits. Took several night classes at a local community college while I was working full time, which were very inexpensive. Didn't even pursue a degree. Took several certification tests to include with my resume and it immediately opened new doors to higher paying jobs. Continued to move up in pay over the years, it was gradual but it kept up with the cost of living.
This needs repeating.... "To have never had a single year of 3% GDP growth when coming out of a sever recession ought to be embarrassing."
But Dems don't know enough to be embarrassed and then have the audacity to try to take credit when the economy takes off under Trump
Why would leaving a recession be an advantage. Trump had the benefit of a healthy economy when he took office, it was steadily getting better.
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