SK80
Master Eminence Grise
Posts: 7,384
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Post by SK80 on May 15, 2019 13:07:10 GMT -8
Funny stuff. I love the Obama handed off the economy stuff. Still looking for an answer to the question of which policy or policies Obama enacted that turned it all around. I forgot to add the part where she claimed Obamcare was working, I said "For Who !!" You know all the families who couldn't afford it..., oh right the ones I am subsidizing! It was endless comedy riot! |
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davidsf
Master Eminence Grise
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Post by davidsf on May 16, 2019 6:45:48 GMT -8
It is observable fact that, during his 8 years, Obama did improve the economy.
However, we must consider the context: It was not so much the programs he enacted or the decisions he made (most of which, over time, have been shown to limit economic growth). He took over after the housing bubble burst and Bush even handed him a boatload of cash that was supposed to be used on “shovel-ready” jobs, and Obama completely misused that fund mostly on failed “green” energy projects, and bailing out banks (and car manufacturers) in which the government had zero business investing).
He lost billions... actually misplaced ... in Iraq (or was it Afghanistan... who cares)... and ke artificially suppressed inflation by printing more money... a process that, according to the laws of supply and demand, actually works in reverse of what he wanted it to do.
So, the dog catcher could inherit the tanked economy Obama inherited and show progress after 8 years. But there is a huge difference between an economy that improves despite what the guy in the White House is doing to tank it, and aneconomy that improves because the guy in the Whitehouse knows what he’s doing.
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MDDad
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Post by MDDad on May 16, 2019 7:32:37 GMT -8
It is observable fact that, during his 8 years, Obama did improve the economy. But there is a huge difference between an economy that improves despite what the guy in the White House is doing to tank it, and aneconomy that improves because the guy in the Whitehouse knows what he’s doing. As could be said of many presidents, Obama didn't so much improve the economy as happen to be in office when the economy improved. Presidents too often get way too much credit or blame for the directions the economy takes while they are in the Oval Office. |
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SK80
Master Eminence Grise
Posts: 7,384
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Post by SK80 on May 16, 2019 8:14:39 GMT -8
David you use "DID" improve the economy then laid out a case that he DIDN'T!
MDDad agree Presidents get to much credit at the moment things move or change, improve or go down hill. Yet when you look over a period of time like 8 years and Obama and NOT once showing a GDP above 3% for any quarter is historic as NO President has ever not achieved that under his term. Obama's policies were anti-growth and super regulation, both harnessing the economy. Trump's move alone on energy and oil is a simple boom formula...., we are energy independent and Texas is back in the saddle!
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davidsf
Master Eminence Grise
Posts: 5,252
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Post by davidsf on May 16, 2019 8:37:22 GMT -8
David you use "DID" improve the economy then laid out a case that he DIDN'T! MDDad agree Presidents get to much credit at the moment things move or change, improve or go down hill. Yet when you look over a period of time like 8 years and Obama and NOT once showing a GDP above 3% for any quarter is historic as NO President has ever not achieved that under his term. Obama's policies were anti-growth and super regulation, both harnessing the economy. Trump's move alone on energy and oil is a simple boom formula...., we are energy independent and Texas is back in the saddle! I type faster than my brain processes... i meant just what MDDad said: The economy did improve during Obama’s 8 years, but it was not something for which he can take credit. |
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SK80
Master Eminence Grise
Posts: 7,384
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Post by SK80 on May 16, 2019 9:14:08 GMT -8
You walked into an economy that just hit a thud only rivaled by 1929! There was really nowhere to go but up..!
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Credo
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Posts: 6,242
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Post by Credo on May 16, 2019 20:59:26 GMT -8
Obama's rhetoric alone prevented him--and the country--from realizing the robust economy we are now witnessing. His continual demonizing of the rich and big business ("pay your fair share", "you didn't build that") was like a wet blanket on investment. It was no surprise that the day after Trump was elected the stock market began to take off. The money squirreled away came out from hiding; America was open for business again.
This is his closing argument for 2020.
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Credo
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Post by Credo on May 19, 2019 21:52:38 GMT -8
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Credo
Master Eminence Grise
Posts: 6,242
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Post by Credo on May 20, 2019 16:48:08 GMT -8
Angry white liberals are tearing America apart.
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SK80
Master Eminence Grise
Posts: 7,384
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Post by SK80 on May 20, 2019 16:59:52 GMT -8
Angry white liberals are going to erase white culture and history, can't wait till all their children "woke" in about 30 years and hate them for it.
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Credo
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Posts: 6,242
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Post by Credo on May 20, 2019 18:49:52 GMT -8
Interesting observation that helps explain why some of the most stridently ideological influencers (like the current AOC) are also childless. Nothing quite humbles a man like a wife and children, who daily keep him anchored to reality in all its messiness.
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Credo
Master Eminence Grise
Posts: 6,242
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Post by Credo on May 24, 2019 20:45:55 GMT -8
Virtue-signaling explained:
And a stroll through the feces-and-needle-laden streets of San Francisco, the wasteland of Detroit, the south side of Chicago, will readily illustrate the following observation:
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Credo
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Post by Credo on May 24, 2019 21:00:51 GMT -8
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RSM789
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Post by RSM789 on May 26, 2019 10:49:32 GMT -8
I did a drive by on an article in today's Register that a city (I forget where) created a housing location for homeless by buying an apartment building & evicting the 17 families that currently live there.
Government at its finest!!
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Credo
Master Eminence Grise
Posts: 6,242
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Post by Credo on May 26, 2019 18:06:37 GMT -8
I did a drive by on an article in today's Register that a city (I forget where) created a housing location for homeless by buying an apartment building & evicting the 17 families that currently live there. Government at its finest!! There was a similar story in the Press-Telegram about the city of San Clemente trying to remove homeless encampments by moving them to a city-owned lot with portable bathroom facilities and security. Sounds like a better solution, right? Until a couple of activists sued the city to stop the plan since it didn't provide for indoor plumbing! Ridiculous. One of the most remarkable developments of the past couple of years is how places like San Francisco and Seattle, rather than interpreting the election of Donald Trump as rebuke to the Leftism that flourished under Obama, and thus a sign that they should tap the brakes on their own liberal drift, have instead doubled down on utopian SJW policies, making their cities cesspools of good intentions and disastrous consequences. |
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