Welcome to City-Data.com Forum!
U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > General Forums > Politics and Other Controversies
 [Register]
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
Closed Thread Start New Thread
 
Old 08-02-2021, 11:22 AM
 
Location: The Republic of Gilead
12,716 posts, read 7,811,145 times
Reputation: 11338

Advertisements

A big part of Trump's enduring legacy (long after people aren't talking about "wokeness" anymore) is going to be tanking Obama's roaring economy that he inherited.

https://www.bloomberg.com/opinion/ar...eat-depression

How many times is the GOP going to crash the U.S. economy before we realize that maybe supply-side economics is a failure?

 
Old 08-02-2021, 11:29 AM
 
Location: NC
11,222 posts, read 8,303,040 times
Reputation: 12469
Quote:
Originally Posted by bawac34618 View Post
A big part of Trump's enduring legacy (long after people aren't talking about "wokeness" anymore) is going to be tanking Obama's roaring economy that he inherited.

https://www.bloomberg.com/opinion/ar...eat-depression

How many times is the GOP going to crash the U.S. economy before we realize that maybe supply-side economics is a failure?
Yeah, but how is it going now that "crazy Joe" is in office.

Spoiler: I think Q2, his first full quarter, had 6+% growth. A lot of MAGAs probably didn't notice because they were too busy telling us how he'd kill the economy, or still busy spreading known lies about COVID, Election Fraud and the like...
 
Old 08-02-2021, 11:35 AM
 
8,943 posts, read 2,964,626 times
Reputation: 5168
Quote:
Originally Posted by Myghost View Post
Yeah, but how is it going now that "crazy Joe" is in office.

Spoiler: I think Q2, his first full quarter, had 6+% growth. A lot of MAGAs probably didn't notice because they were too busy telling us how he'd kill the economy, or still busy spreading known lies about COVID, Election Fraud and the like...
Lame. Trump had a 30% growth quarter too. Duhhhhhhh. Just out of a lockdown.

Same with Biden. The key is that it was below expectations, as are most jobs reports and growth reports so far under Biden.
 
Old 08-02-2021, 11:36 AM
 
Location: On the Chesapeake
45,379 posts, read 60,575,206 times
Reputation: 60996
The economy crashed due to Covid (which would have happened no matter who was President). Keep in mind that just before that the economy was humming along, prices were stable and unemployment was the lowest seen in 60 years and the lowest for African-Americans ever.
 
Old 08-02-2021, 11:42 AM
 
Location: Wisconsin
37,971 posts, read 22,151,621 times
Reputation: 13801
Quote:
Originally Posted by bawac34618 View Post
A big part of Trump's enduring legacy (long after people aren't talking about "wokeness" anymore) is going to be tanking Obama's roaring economy that he inherited.

https://www.bloomberg.com/opinion/ar...eat-depression

How many times is the GOP going to crash the U.S. economy before we realize that maybe supply-side economics is a failure?
That is the same lie you guys always tell. Obama did not leave Trump a "roaring economy." After eight freaking years in office to put all his great economic plans into place, Obama left Trump with a lousy, pathetic 1.6% GDP growth.

It's official: Economy grew a paltry 1.6% in 2016 - USA Today

For all of 2016, the economy grew 1.6%, down from 2.6% in 2015 and the modest 2.1% average throughout the 7½-year-old recovery.

Last edited by Wapasha; 08-02-2021 at 12:39 PM.. Reason: punctuation
 
Old 08-02-2021, 11:44 AM
 
26,497 posts, read 15,074,947 times
Reputation: 14643
Every single leader on earth had bad GDP numbers in 2020. I have no clue why, but it is almost as if something global happened. So weird.
 
Old 08-02-2021, 11:44 AM
 
Location: Tyler, TX
23,862 posts, read 24,111,507 times
Reputation: 15135
Quote:
Originally Posted by bawac34618 View Post
A big part of Trump's enduring legacy (long after people aren't talking about "wokeness" anymore) is going to be tanking Obama's roaring economy that he inherited.
That's a good one! Tell us another joke!
 
Old 08-02-2021, 11:47 AM
 
21,932 posts, read 9,503,108 times
Reputation: 19456
Quote:
Originally Posted by North Beach Person View Post
The economy crashed due to Covid (which would have happened no matter who was President). Keep in mind that just before that the economy was humming along, prices were stable and unemployment was the lowest seen in 60 years and the lowest for African-Americans ever.
Goes right over their heads.
 
Old 08-02-2021, 11:48 AM
 
Location: Houston
26,979 posts, read 15,889,092 times
Reputation: 11259
Quote:
Originally Posted by Wapasha View Post
That is the same lie you guys always tell. Obama did not leave Trump a "roaring economy." After eight freaking years in office to put all his great economic plans into place, Obama left trump with a lousy, pathetic 1.6% GDP growth.

It's official: Economy grew a paltry 1.6% in 2016 - USA Today

For all of 2016, the economy grew 1.6%, down from 2.6% in 2015 and the modest 2.1% average throughout the 7½-year-old recovery.
What was the growth in the money supply in 2015 compared to 2018? What was the annual deficit in 2016 compared to 2019?
 
Old 08-02-2021, 12:05 PM
 
Location: Wisconsin
37,971 posts, read 22,151,621 times
Reputation: 13801
Quote:
Originally Posted by michiganmoon View Post
Every single leader on earth had bad GDP numbers in 2020. I have no clue why, but it is almost as if something global happened. So weird.
No kidding.

The first year that a president is in office he usually cannot turn around a poor economy, because none of their economic policies have enough time to make an impact. So when I have reported Obama's years in office, I didn't even count 2009. So we cannot really count 2017 for Trump, so normally he'd of had three years to affect the economy. Except that we all know 2020 was completely wrecked all over the world, thanks China. So Trump only had two years time to turn around Obama's miserable 1.6% growth economy.

No president has much control over the economy they inherited from their predecessor. But if the dems want to do that, then we can add Obama's -2.5% GDP in 2009 to show how horrible the average annual GDP and unemployment was during his presidency.
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.

Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.


Closed Thread


Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > General Forums > Politics and Other Controversies

All times are GMT -6. The time now is 03:01 AM.

© 2005-2024, Advameg, Inc. · Please obey Forum Rules · Terms of Use and Privacy Policy · Bug Bounty

City-Data.com - Contact Us - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37 - Top