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But it's a FACT that the GDP sometimes grew faster under Obama than it ever did for Trump. Trump said there would be 6% growth at least under him, due to his tax cuts, regulation cuts and tariffs. Such growth hasn't happened.
No the 6% didn't happen, but it was better than anything Obama did.
While I do not want to diminish anything Obama did after the housing bubble fiasco (which Democrats had an equal if not greater hand in), naturally there would be times increases from the depths, could well have occurred under Obama.
My point is simple.
Given free rain, Obama vs. Trump is not comparable.
Your knee jerk reaction might be to assume Obama/Biden would better balance the economy with environmental concerns (real or perceived), union considerations, protectionism vs. globalism, etc., etc., etc.
Coming back from a global pandemic, I'd much rather have a successful businessman who is a nationalist, vs. a lifelong politician globalist who has accomplished very little economically, in Biden.
when enough people are not able to come up with $500 for an emergency, the impact on the economy won't be limited to that individual.
it means rents missed and tenants evicted, houses foreclosed on, car's repo'd, jobs lost. there are major downstream affects.
and that is a very judgmental assumption to make, that it is solely attributed to ones spending habits, rather than him/her barely earning enough to make ends meet.
regardless, that's only one of the indicators. there were plenty more that foretold a not-so-rosy economy.
If you have more kids than identifiable job skills, yes, life is going to be difficult.
The economy has been artificially propped up for years now. The economy is great for the rich goons of course. Crap for most everyone else however
Im not rich and I have been doing very well for years. So has everyone in my circle.
If you have done nothing to better yourself and make yourself marketable in some way, of course your going to be doing bad, regardless of how the overall economy is doing.
let's not make this a R vs D. both parties are addicted to cheap debt and massive deficit spending.
it's the one thing they have in common, to be able to exert control over the masses, while pitting us against each other.
Agreed. Although one could make a decent argument that the left is not as bad as the right.
No the 6% didn't happen, but it was better than anything Obama did.
While I do not want to diminish anything Obama did after the housing bubble fiasco (which Democrats had an equal if not greater hand in), naturally there would be times increases from the depths, could well have occurred under Obama.
My point is simple.
Given free rain, Obama vs. Trump is not comparable.
Your knee jerk reaction might be to assume Obama/Biden would better balance the economy with environmental concerns (real or perceived), union considerations, protectionism vs. globalism, etc., etc., etc.
Coming back from a global pandemic, I'd much rather have a successful businessman who is a nationalist, vs. a lifelong politician globalist who has accomplished very little economically, in Biden.
`
Explain why Trump is such a successful businessman after having 4 bankruptcies.
Explain why Trump is such a successful businessman after having 4 bankruptcies.
Trump, more than 500 companies, and 4 bankruptcies. 4 bankruptcies out of more than 500 companies
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