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Open Discussion Discuss The National Prayer Breakfast? at the General Forum; Originally Posted by GetAClue Yes and I do have a problem with that. The spending that is being done is ...

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Old 02-11-2020, 10:00 AM
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Originally Posted by GetAClue View Post
Yes and I do have a problem with that. The spending that is being done is unsustainable and needs to be reeled in. However, unlike Obama, at least he has the economy roaring and people working again. If we can't have both like in Obama's 8 years, at least we have a good economy.

Well, facts don't support you position as wages for the middle and lower classes have been rising at a faster rate than those at the top. But as like most leftists, don't let facts get in the way of your deranged hatred.
During the last three years under Obama, the economy grew at a faster rate, more jobs were created, and wages grew at a faster rate than during the first three years under Trump. You can find all of that data here: https://fred.stlouisfed.org/ And yet Trump and his sycophants continue to push this fiction that Trump somehow materially improved the economy. Itís complete bullshlt.
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Old 02-11-2020, 10:42 AM
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The guy who is actually capable of empathy and appears to be a loving and faithful husband and father is certainly a lot closer to living out Christian ideals than a guy who cheated on multiple wives, slept with porn stars and then illegally paid them hush money, said that avoiding venereal diseases was his own personal Vietnam, and spends about half of his waking hours insulting people.
Only HALF his waking hours, Hell, the democrats along with the MSM insults him and his supporters 24/7 365. Trump needs to start ramping it up
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Old 02-11-2020, 10:47 AM
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During the last three years under Obama, the economy grew at a faster rate, more jobs were created, and wages grew at a faster rate than during the first three years under Trump. You can find all of that data here: https://fred.stlouisfed.org/ And yet Trump and his sycophants continue to push this fiction that Trump somehow materially improved the economy. It’s complete bullshlt.
Then maybe you can tell us why the Feds refused to arise interest rates under Obama. Every quarter they said the economy was too fragile to raise rates even a quarter point.

While your at it maybe you can tell us why Obama said that we need to get used to slow growth and a stagnant economy. It was the new way of the world. To tell you the truth, I think he was setting Hillary up as his successor.

The left is lying to you, to get Trump out of office, remember that.

https://www.usnews.com/opinion/debat...rnment-control.

This article is in line with the Feds decisions that this country could not handle ANY interest rate hikes.
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Old 02-11-2020, 11:00 AM
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Default Re: The National Prayer Breakfast?

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Originally Posted by Constant_Slothrop View Post
During the last three years under Obama, the economy grew at a faster rate, more jobs were created, and wages grew at a faster rate than during the first three years under Trump. You can find all of that data here: https://fred.stlouisfed.org/ And yet Trump and his sycophants continue to push this fiction that Trump somehow materially improved the economy. Itís complete bullshlt.
Obama's second term economic performance was markedly better than the first term which Democrats want to ignore. Let's see unemployment was around 6.4% on Obama's first inauguration day, virtually the same 4 years later never having dropped below the starting point. Despite dropping median income, record food stamp dependence and an unattractive market for new investment Obama's record of creating PT burger flipper type jobs was deemed a success.

But hey, if the pattern of Obama's golden second term holds, Trump's second term will be terrific. Thanks for pointing out the pattern.
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Old 02-11-2020, 11:17 AM
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Obama's second term economic performance was markedly better than the first term which Democrats want to ignore. Let's see unemployment was around 6.4% on Obama's first inauguration day, virtually the same 4 years later never having dropped below the starting point. Despite dropping median income, record food stamp dependence and an unattractive market for new investment Obama's record of creating PT burger flipper type jobs was deemed a success.

But hey, if the pattern of Obama's golden second term holds, Trump's second term will be terrific. Thanks for pointing out the pattern.
This is just profoundly disingenuous. Obama took office with an economy in free fall. GDP shrank by 8.4 percent in the fourth quarter of 2008. Judging his first term against Trumpís (who took office with a growing economy on a record job-creation pace) is just stupid.
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Old 02-11-2020, 11:30 AM
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Default Re: The National Prayer Breakfast?

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This is just profoundly disingenuous. Obama took office with an economy in free fall. GDP shrank by 8.4 percent in the fourth quarter of 2008. Judging his first term against Trumpís (who took office with a growing economy on a record job-creation pace) is just stupid.
The recession was over a couple months after Obama took office, the economy stayed fragile for the next 8 years. Too fragile to raise interest rates above zero. Until Trump was elected, then interest rates rose every quarter for 8 quarters.


Some mistakenly equate the economy with the stock market. The stock market regained its loses because no one could make any money with their bonds, or savings, so it forced them into the stock market while we still had a very weak economic outlook.
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