(02-17-2020 05:34 PM)bullet Wrote:  

(02-17-2020 02:56 PM)Owl 69/70/75 Wrote:  

(02-17-2020 02:40 PM)Fort Bend Owl Wrote:  
Eleven years ago today, near the bottom of the worst recession in generations, I signed the Recovery Act, paving the way for more than a decade of economic growth and the longest streak of job creation in American history.
Barack Obama
Happy President's Day! (I added that part - the rest of it was his tweet earlier today)

People don't understand economic cycles. Obama took over at the bottom of a recession. Some indicators were starting to turn around, and pretty much all of them did before anything Obama did could have any impact. So he SHOULD have had great economic growth and job growth, even if he had done nothing.

Trump took over about the time economic cycles tend to go into another recession. By continuing growth, he has bucked the odds. Of course one factor may be that the growth under Obama was incredibly slow, considering the recession we were coming out of. And maybe slow growth means the up cycle will last longer.

Not true. Obama made the bottom worse. He destroyed what was left of consumer confidence with his constant belly-aching about he was limited since he inherited and recession and how is was going to get much worse before it got better.

Bill Clinton finally told him to shut up in early February. Obama with his words personally made the recession worse than it needed to be.

Don't you love it when one the libs here preaches down to us. Mach was the best at it. It really is hilarious.

https://twitter.com/MZHemingway/status/1...3657464833

CONCESSION SPEECH