Strong Economy Is The Work Of Obama

[senseamp]

It's work of future generations who are going to pay for all this borrowing to pay for corporate tax cuts.

 

[positivedoppler]

Another thread that proves why you liberals are completely out of your delusional minds.

 

[glenn1]

It's also the natural up and down.

Bit strange to cut taxes like the republicans have done. Basic economics says the government should spend extra in a recession and tax extra when the economy does well to act as a damper, so it doesn't crash as badly when the bubble bursts.

So it's either spend more or tax more no matter what the economic conditions. Perfect description of Keynesian economics; enjoy the big government and spending until the Big Rip of fiscal spacetime happens sometime in the future and then it's not your concern anymore.

 

[JSt0rm]

You are mostly correct although at 1.5 years into the Trump administration it's impossible not to allow him some credit for current performance, the proper amount of which subject to debate. I'm generally in the camp of "presidents generally do little to make an economy better but can easily do things to make it worse, sometimes much worse."

its over heated and it will take a dump. Hopefully while trump is still president so we can watch him blame everyone around himself.

 

[darkswordsman17]

Narratives drive voters, but hummm....
So, it's perfect time for someone who averaged a 1.6% GDP over his presidency, to claim credit for where we are now, right before the midterms. lol
Hate Trump all you want, as I do too, but history will set us straight on this and this economy will belong mostly to the orange baboon. If it is sustained, it's gonna make the puke look even better, in the history books.Yeah, I know it's an opinion. At the end of the term, we ask, are we better off than we were? We always ask ourselves that, after every president. We must find a way to tank the economy before the end of his term. I think California could do it best and should take the lead.
https://www.nytimes.com/2018/01/28/opinion/trump-economy-credit.html

I don't see Obama claiming credit? Also, yes, absolutely a decent amount of a new President's time is going to be results based on the previous one's actions, especially economically. But ok, keep playing stupid, its certainly what you're good at.

Yeah Obama averaged that because he started in a ridiculous hole, thanks to Bush and Republicans' policies and handling of the economy and budget. Fact is, Obama absolutely put us in a better place than where we were when he started. Sure, it wouldn't have taken that much to accomplish that, but he put us in a much better place by being intelligent and actually, being fiscally conservative in many ways. You trying to mitigate the years of very healthy sustained growth by citing the average (which will be hurt because of where it started) is straight up bizarre, especially with your overall argument. You're trying to praise Turmp for "where it ends up" when we're not even 2 years into his Presidency? We know where we started when Obama took office, and we know where we ended up, and its objectively clear that it was in a much better spot.

Turmp started out in that spot, and he's maintained it by doing nothing and then giving a tax holiday that we have data showing what happens afterwards, especially when coupled with deregulation and other stuff that the Republicans also have been working to do. It leads back to that spot that Obama had to start with, or which sunk the first George Bush (because he was stupid enough to give a sound bite about "no new taxes" and then swallowed his political pride and did the smart thing and raised taxes because that's what was needed to get things working right again). Its not like people are just pissed because its Turmp or Republican. Its that Republicans are the ones that keep fucking doing that shit. Couple that with a multitude of completely valid criticisms about Turmp's economic policies (which seems to be slash and burn with regards to any and all deals that he didn't create - and seeing the types of deals he works with his business, we're gonna end up fucking bankrupt if he gets his way), and there's plenty of reasons to be outright pessimistic that Turmp will leave things in a better place.

I don't know if you and other conservatives realize how you almost constantly go out of your way to highlight the hypocrisy and idiocy of your arguments by undermining it yourself within your argument. I feel like I'm talking to aliens or something because its like you seem to believe that you're making this incredibly astute argument, only you just end up highlighting how incredibly asinine it is.

Oh, and let's not forget, Obama had tax cuts too. He just kept them for the lower income brackets while letting the ones for the highest ones end. So its not like its impossible to give tax cuts to the middle class and poor while still smartly playing the economy. So Obama kept massive tax cuts for most Americans, and in spite of the claim by Republicans that taxing the wealthy hurts the economy, the economy kept growing (and sustained it even).

 

[darkswordsman17]

So it's either spend more or tax more no matter what the economic conditions. Perfect description of Keynesian economics; enjoy the big government and spending until the Big Rip of fiscal spacetime happens sometime in the future and then it's not your concern anymore.

No, its all relative. You cut taxes in recession to offer relief and ease personal spending, and then when its going well you increase them again to keep it from overheating and you apply the spending properly. I'll save you the trouble and laugh at you caring about the debt seeing how you sure seem to be on board with Republicans not doing jack shit other than increasing it.

FYI, you've been enjoying the shit out of big government (hope you realize that without it, the world you know would be very different; hell for someone that touts their military service so regularly, uh...you know that's government right? There's few programs more "big government" than the American military). And uh, its people you regularly defend that have desperately been trying to cause your "rips". And seriously? You're going to trot out that bullshit while you have gotten all the good of government programs, while Republicans want to try and make sure that those programs won't be around once they're dead?

Again, do you conservatives realize how often you perfectly highlight the total opposite of your argument?

 

[Jhhnn]

So it's either spend more or tax more no matter what the economic conditions. Perfect description of Keynesian economics; enjoy the big government and spending until the Big Rip of fiscal spacetime happens sometime in the future and then it's not your concern anymore.

Spend more in hard times & tax more in good times. And when you do raise taxes, raise 'em the highest on people who will suffer the least.

The GOP is doing the opposite, of course. Too bad you're not a billionaire because you'd really get off on this tax deal.

 

[zinfamous]

Another thread that proves why you liberals are completely out of your delusional minds.

How so? Please elaborate, Sparky.