Possibly correct, if there could ever be some proof of the grabbing other than the off record remark of Trump to a reporter. or women seeking money, 30 years after some alleged ***** grabbing that has no been proved in any court or by any jury. Obama grabbed his own ****** so many times, it will be impossible for Trump to surpass that record.
The Fed pumped up the Stock Market, now they aren't anymore. Thanks to the Obama era we have Bond Market Bubble sustaining a Stock Market Bubble, not unlike one drunk driving another drunk home. I'd put the odds that the Fed will be able to unwind their bubble without popping it a slim to none with a much heavier bet on none.
"The GDP growth was from Obama increasing spending to jumpstart the economy which any president would have done at the start of his term in office. The economy was so bad that anybody who is not a moron could have easily improved it and make himself look like a great president." Well, the Republican perscription in those dark days was the same they proposed in 1930. Do nothing. They fought the stimulus that you say any moron would have done, tooth and nail.
denying Obama was good for business is simply denying reality. He had a record number of consecutive months for job growth, record stock market, unemployment under 5% etc. had he been a white republican, you'd be on your knees sucking his ****.
Now you're doubling down on "wrong" and adding "offensive". Good job. If this is what passes as adult discussion for you, I'm finished. You are not only a partisan hack, you're a race-baiting classless partisan hack. What you do when you worship a politician is apparently nothing I would ever even think of doing (I also don't blindly worship politicians.) But hey, go Obama!!!
I consider Obama an average president. I didn't vote for him either time. But claiming Obama wasn't good for the economy, or that the economy didn't do well under him, either has no clue what they are talking about, or are nay saying simply out of partisan hackery. It is a demonstrable fact, the economy did well under him.
No way man. Obama kept confidence low with his anti-work policirs and rhetoric. With Trump people see a pro-business. What this growth projection shows, is that this is only the beginning of the Trump boom. I reckon we see a wage increase we haven't seen in decades.
As I said above, the "pro business" rhetoric will only work for so long without a change in the fundamentals. Meanwhile: -Orders of durable goods are down -New car sales are down -Wages are not rising despite record low unemployment -Credit card debt is rising -Consumers continue to be overextended with debt But, giving tax breaks to the supply side, which is already awash in profits and production capacity will fix it -- only in GOP and Trump lala land.
When you consider the state of the American economy when Obama was inaugurated in January 2009, it's quite remarkable what he accomplished. He saved the nation from what could have been--and probably would have been--the worst depression since the Great one in the 1930s. Obama deserves credit for dealing successfully with a catastrophe he never created.
These folks attributing the market/economy to a President who has been in office for barely 7 months (and has done nothing so far) are woefully ignorant about how the economy and markets work. This stock market is in a bubble - one which should burst during Trumps watch - unless he get's booted out of office.
Lol uh huh, what were Obama fundamentals? Janet Yellen pours trillions into the stock market... Nice job.
Deregulation is the name of the game. I suggest you stop reading economically illiterate people like Bernie. He said you're more likely to achieve the American Dream in Venezuela. What a dope.
Where did I say that the fundamentals were good under Obama? I didn't. Yes, wages were stagnant under Obama, as they are under Trump, thanks to the supply side policies that started under Reagan. It is very clear to see when wages stopped rising with productivity, and it wasn't under Obama. Second, aren't Trump fans the one who praise the DOW performance under Trump? You have to make up your mind, is the stock market gaining because of Trump, or because it is propped up by Yellen? I am confused.
Obviously it did and that's why you cut off the rest of my post, as it embarrasses you. Your posting skills are a joke.
Lol, birthers. The birth certificate was authenticated by 2 separate administrations in Hawaii. One a democrat, and the other a republican.
I will agree with you there. As for the rest of this thread, it's like pissing in the wind trying to discuss business and the market with people who have no understanding of business or the market.
Ridiculous! There is a huge difference between bringing the unemployment rate from 4.6% to 3.8 % and bringing it from 8% to 4.6 %! In fact, a 3.8 unemployment is NOT a good news for the macro economy, as this doesn't leave enough room for seasonal employment and for employers to find enough QUALIFIED employees to fill their needs! The actual "0" employment is anywhere between 4 and 5.5%. . .(differs based on economics theories). President Obama is the one who brought down the unemployment . . .although Trump (when the statistics were not in HIS favor) preferred to say that it was "false news!
The U.S. Dollar index hit the lowest level on Friday since January 2015. It has tumbled BIG TIME since early January. https://www.bloomberg.com/quote/DXY:CUR This is BAD NEWS for consumers in a net importing economy as it costs more money to buy the same imported good than it did 6 months ago. And for those of you who think this is good for the trade deficit? Think again. Though it improved in June - it is still worse than it was a year ago. https://www.bloomberg.com/quote/DXY:CUR Unless you are a BIG TIME net exporter, you almost always want a strong currency.
this is your response to a post that had to with the economy and nothing to do with obama or his birth certificate. you can't debate, you can't argue. but you might become the first person i've ever put on ignore.