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Can someone please explain to me how this happened?
Don't you know it's all 100% the President's fault? He has complete control over the economy, the job market, governmental spending, etc. Probably the weather, too.
If we get it right this time around, it'll all be better in 4 years, don't worry.
Your biased source titled "Obama Simply The Worst" clearly has the objective to tarnish B. Obama, and your source uses great manipulation to accomplish that goal.
GW Bush was president from 2001-2009
B. Obama was president from 2009-present
GW Bush lowered the GDP more than any of the presidents, and Obama froze GW Bush's falling GDP rates. But republicans don't mention GW Bush's huge falling GDP rates, instead they attack Obama for stabilizing GW Bush's falling GDP rates. Which Presidents Have Been Best for the Economy? | US News
In 2008 GW Bush had a (negative) -0.92% GDP growth rate, and Bush handed that negative GDP rate to Obama. And Obama has never had a negative GDP growth rate. US GDP Growth Rate by Year
But perhaps your sources biggest manipulation in not mentioning what causes GDP to rise and fall. Interest rates, net exports, and purchasing power cause changes in GDP rates. Reasons for a Decrease in Real GDP | eHow
But the republicans hide GW Bush's falling GDP rates, then they attack Obama for stabilizing our falling GDP, and in the process they leave out all facts and events that cause GDP rates to fall.
If we were still using the same GDP calculation from 2013 and before, it'd be significantly lower! There's been nothing but stalled "growth" for some time now.
Your biased source titled "Obama Simply The Worst" clearly has the objective to tarnish B. Obama, and your source uses great manipulation to accomplish that goal.
GW Bush was president from 2001-2009
B. Obama was president from 2009-present
GW Bush lowered the GDP more than any of the presidents, and Obama froze GW Bush's falling GDP rates. But republicans don't mention GW Bush's huge falling GDP rates, instead they attack Obama for stabilizing GW Bush's falling GDP rates. Which Presidents Have Been Best for the Economy? | US News
In 2008 GW Bush had a (negative) -0.92% GDP growth rate, and Bush handed that negative GDP rate to Obama. And Obama has never had a negative GDP growth rate. US GDP Growth Rate by Year
But perhaps your sources biggest manipulation in not mentioning what causes GDP to rise and fall. Interest rates, net exports, and purchasing power cause changes in GDP rates. Reasons for a Decrease in Real GDP | eHow
But the republicans hide GW Bush's falling GDP rates, then they attack Obama for stabilizing our falling GDP, and in the process they leave out all facts and events that cause GDP rates to fall.
I just knew it had to be President Bush's fault. The anointed one will surely announce it any day now.
Jeez, doesn't Obama know that the best way to goose the economy is through invasions and foreign wars? Don't worry, Cruz and Trump will get us entangled.
WE never stopped being "entangled" though cheerleaders would like to believe this is the case.
He may not have escalated, but he more than did his damage by dismantling the military and allowing what he left to fall into disrepair, exactly as Carter did. But, at least Carter had a better handle on foreign policy, which is something Obama has botched from day one. Queens toast botch, Netanyahu snub, Iran deal, Churchill bust, ISIS Jayvee... etc. showing his complete inability to do his job. Fectless
He, and we, have become the laughing stock of the world.
In 2008 GW Bush had a (negative) -0.92% GDP growth rate. Bush handed that negative GDP rate to Obama, but Obama has stabilized the falling GDP. US GDP Growth Rate by Year
Quote:
Lowest wages in real terms in 50 years.
The republicans oppose high min wages and oppose middle class tax cuts.
Inflation causes home prices and rent prices to rise with time. And republicans refuse to adjust wages to inflation (their corporate leaders like to pay workers as little as possible to increase corporate profits.)
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