Trump's policies drag US economy down

Wrong. Democrats forced the banks to accept bad mortgages for unqualified minorities. When the mortgages went bad, the financial collapse occurred.

Then Obama's support for big government slowed a recovery that should have been much faster.

 

^ Trump's base. I like how you worked minorities into this little fantasy.

 

The government (Democrats in Congress) were telling the banks that if they didn't increase the number of mortgages approved for minorities, the government would revoke their licenses to write mortgages. Republicans objected, knowing this was risky. But the Republicans were called "racist" for not supporting more minority mortgages, and they (as usual) backed down in a cowardly fashion.

We've seen this story over and over. Democrats have good intentions and screw something up. Republicans show concern about the consequences, but then get scared and run away when they're called racist.

 

The crisis emerged from all of the speculation that took place and the skyrocketing of real estate prices that resulted. Mortgages for real estate at inflated prices don't work out long-term. Who'd a thunk?

 

Yes.

Banks became very creative and loose with financing, so demand for housing and home prices went wild. Eventually, everyone who wanted a house had one. Then demand slowed and prices started to collapse.

 

Care to back that up with a fact? Not rhetoric, Republicans are big on rhetoric and light on action.
How do you define it. Federal payroll? Bigger under Republican admins since Nixon.
Deficit spending? Grows under Republican admins since Carter with the exception of Bush Sr who didn't get a second term, ie Republicans reelect presidents with growing deficit spending and rejected the one who didn't. Remember, taxes not collected that increase deficits are deferred taxes with interest, not tax cuts.
So to recap taxes go down during Democrat admins when you toss in the deficit spending and federal payrolls go down as well.
Republicans only claim to be less government. They point to collecting less taxes but then spend the uncollected taxes anyway. All their claims are crap to pull the wool over your eyes.

 

It is the Democrats dragging the economy down by their rediculous
Boycott of the Presidents fully resonable request. Pelosi is a B and Schumer a cry baby weakling

 

Well regardless of what people believe about that, it's certainly not any worse than during the Obama Administration.
And we didn't hear a peep about things being bad then.

I've already seen instances around here of formerly homeless people moving into entry level jobs over the last two years.

 

The Dems are constantly trying to expand government (Medicare for all, Obamacare, etc.). The Republicans offer weak resistance.

 

nope. the recession occurred because of financial deregulation by the republicans, bush's great ownership society, and the fact that republicans killed every single bill from 2001-2007 which tried to regulate fanny and freddy

government grows more under republicans than under democrats.

 

Oh, you mean things that the vast majority of americans want? Those fiends.

https://www.google.com/amp/s/thehil...cans-support-medicare-for-all-health-care?amp

 

So you admit the Dems love to expand government.

 

What we did hear was how the floundering economy under Obama (1.48% average annual GDP growth - fourth worst of all time) was the "new normal".

LAME....

 

The American economy has been booming for the last two years, despite Obama saying that 1,5% annual growth was a new normal.

 

Sure if you ignore all economic indicators. Obama created more jobs for example. The market has dropped 2K points for example. The trade deficit has increased under trump for example.

 

It was booming before that, my living under a rock amigo.

Moreover, who gives a **** what Obama said (setting aside the context or even if he actually said that)? It's doesn't change the facts.

 

You're ignoring the fact that he inherited the Great Recession, and the fact that the economy rebounded and was on an upward trajectory for years before Bonespurs J. Bumbledumb took office.

Weak.

 

Yes indeed. It took off in March of 2009 and has been booming with few interruptions ever since, right up until October 2018, when Trump messed it all up.

 

You mean that "trade wars are easy to win" wasn't true? The economy doesn't like chaos, but prefers predictability instead?

Who knew?

 

The American economy continues to grow and seems that you live in the world of your fantasies.

 

I never denied that it didn't, my illiterate friend.

 

1.5% is not booming...or anything close to it. If that's the new normal Democrats have created our country is permanently screwed.

 

The title of this tread would have you believe that Trumps policies were dragging the economy down. What a stupid conclusion. We were in a slow growth economy when Trump became President. GDP has almost doubled in the two years he has been in office. Unemployment is at historical lows for many groups like blacks, browns, immigrants, woman, teens and the general population overall. Inflation is slow and steady. I guess if your a member of the socialist class you wouldn't like Trump putting tariffs on the communists. It's about time someone called the Chinese on stealing intellectual property even though it might be too late. It's about time someone stood up to those who would use the world economies for dumping cheap steel and aluminum and other products to undermine our economy. The pain will be short term but in the long run we win.

 

Oh no.

How about a source, my grasping at conclusions chum?

 

That's an average. You understand what that word means, right?

I even pointed it out for you earlier, ferfucksake.