Economists in Agreement on Trump, not Obama, Getting the Credit for Recent Economic Gains

BOTH!

Steve

 

Quote you specify the exact time in that video Obama said the economy couldn't grow at 3%. I didn't see it.

No that I'd think you'd make it up or anything.

Thank you.

 

The U-6 is at its lowest since 2007 and the labor participation rate is at its highest since 2012. Those are the ONLY unemployment numbers that actually matter. So yes all of us critics have to suck it up and give Trumpling some credit, especially since companies like Apple, Google and others have publicly given Trump credit for the bonuses and additional capital spending those companies are putting forth. Another indicator is that businesses are borrowing more which is what business do when they plan on expanding. I am grown up enough to admit that I was wrong and I thought that Trump's protectionism was going to end up hurting economically. He is still a narcissistic jack ass that doesn't pay his debts though.

 

Sure: his entire term as president and his claims that jobs were not going to return.

 

You might be able to question my comments but the OP and the title I could not change according to PF rules. Sorry if it brings you upsetting news but the truth is out there and cannot be denied. The Obama legacy was a failure and his legacy will go down as such. If what the latest news is on not only the economy but Obama's illegal actions against Trump are finalized, Obama may soon be along with Hillary and a number of conspirators wearing the latest styles of orange garb.

 

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I believe that a rising tide lifts all ships....

 

Translation,.... Damn Trump he did what he promised....

 

"Largely neutral"

"Too early yet to evaluate"

Wehrwolf posted another bogus thread....

 

Published on Dec 18, 2017

"Donald Trump used his magical wand to bring jobs back to America. The United States economy is booming because of the wand and corporations have been quick to move back to America. Barack Obama unfortunately mocked Donald Trump for having "A Magic Wand" during his 2016 presidential campaign. However he was very very wrong indeed"... Obama nor his advisors from the get go had no idea how to stimulate the economy.

 

Needs to be posted again for Wehrwolfen.

Thanks, Lesh.

"Largely neutral"

"Too early yet to evaluate"

Wehrwolf posted another bogus thread....

 

Now we all know the secrete to Mr. Obatard economic plan/success, LEAVE OFFICE To bad he didn't execute it after his first term, we would have been even that much better off now!

 

And that tide began rising 7 years ago, lol. So, thanks Obama!

 

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Sorry but that tide was out for the eight years of the Obama reign. Anyone with a sense of reality knows it's true.

 

right, because UE going from over 10% to under 5%, stock market doubling to record highs and the most consecutive months of jobs creation of any other US president means the tide was lowering.

Lol, you guys are special.

 

Too early to tell on the Trump effect on the debt. We have yet to see a budget for FY 2018, which will be his first.
Will he beat Obama's 2015 FY debt increase of just $327 billion, or will be the $1 trillion debt of FY 2016?

Seems to me that the OP is raising the "mission accomplished" sign on the carrier a bit prematurely.

 

Anyone who can't read a market report or jobs number thinks that it's true, you mean.

Obama was no saint - but the market rose an average of 12% per year during his tenure - housing prices were up over 20% - unemployment dropped 4.5%.

Sorry, you can say you didn't like Obama, but the numbers say he was a net positive, so your gnashing of teeth over the "tide" is based on BS.

 

"A positive force" =/= sole credit. Fail.

 

Yes, Obama's economic recovery is well documented by many sources. The most impressive remains than in EACH OF HIS LAST SEVEN YEARS job growth was greater than in tRUmp's first year, even though he had the on going Obama Recovery to rest his fat butt on.

 

Funny how Trump supporters want to cite a poll of economists but plug their ears the moment they hear what most economists have to say about immigration.

 

That is a clear case of spinning the facts to "prove" what isn't actually true. Look at this chart and you will see that once the huge expenditure in Obama's first year to address the disaster he inherited was over, the debt growth declined:

http://www.macrotrends.net/2496/national-debt-growth-by-year

Note that the greatest growth rate of the debt happened under Reagan.

 

Nope. That's a biased, partisan opinion based on a rejection of facts.