Ever think about the Trump Obama combined impact on the US Economy.?
Obama was in office when we had 9 percent unemployment were going the wrong Directions and eventually he and the Congress through ARRA turned the economy around. (It cost 10 trillion to do it, but it was worth it to turn that free fall around). When Obama left Unemployement was 4.9 percent. .
Now trump with Tax cuts and other things has moved that further 3.9 percent.
The Obama Trump impact on the US Economy was about the best in US History. .
Don't you think so, or not. .
- 2 years ago
This is complete nonsense.
Obama took over a country in the middle of a recession and he turned that around.
- Kiran CLv 72 years ago
No. The US got 3.9% unemployment coasting on what President Obama has done. The Trump tax cuts have not in effect long enough to affect employment. Most anecdotal evidence for the Trump tax cuts points to have little or no effect because most of money is being used on stock buyback. Stock buyback inflate stock prices and have no effect on employment.
- 2 years ago
It's 9.3% now, not 3.9%. The Trump Administration doctored the figures
- Mr. SmartypantsLv 72 years ago
Since Reagan, the Republican plan is to massively borrow and spend. The spending stimulates the economy, and they can take credit for that. But the debt doesn't hurt them because they know when the bill comes due they'll be safely out of office.
Trump added a new twist. He enormously overestimated unemployment in his campaign. He said something like 'If you wanna know the truth, unemployment is probably closer to 30%.' Then, after he took office, he made up a smaller number, and took credit for the decrease. Imagine the things you or I could say if truth simply didn't matter!
Every Republican president since Hoover has brought us a recession. In fact we only get a Democratic president these days after a Republican president runs the economy into a ditch. Dems have done better with the economy for at least 100 years. Trump will do the same thing Reagan and GW Bush did--improve the economy by building massive debt, then take credit for it, then blame the Dems for the inevitable crash.