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CountScrofula · 41-45, M
I mean, yeah. Clearly. The stuff Obama put in place is something he can ride for quite a while. You inherit the last guy's economy for a good couple of years.
But I see one of the most unequal countries int he world becoming massively more unequal as the public sector is looted and prices of consumer goods go up thanks to what... four or five active trade wars with allies?
The biggest issue to me will be regulatory capture. Long-term that's gonna cause unbelievable damage. Nobody likes being regulated, but the financial and environmental stuff in particularly is pretty scary.
But I see one of the most unequal countries int he world becoming massively more unequal as the public sector is looted and prices of consumer goods go up thanks to what... four or five active trade wars with allies?
The biggest issue to me will be regulatory capture. Long-term that's gonna cause unbelievable damage. Nobody likes being regulated, but the financial and environmental stuff in particularly is pretty scary.
NodandaWink · 51-55, M
@MasterLee How did he trash the economy that crashed around the Bush administration's ears a year before Obama took office? Yeah Obama sure trashed us with those eight years of job growth and rebuilding the economy. The Market was already seeing record highs when the transition took place so , yeah it's all Trumps business genius that got that going. Sheesh!
CountScrofula · 41-45, M
@MasterLee
> problem is Obama trashed us
According to what? I am NOT an Obama supporter, but he inherited a collapse brought on by deregulating the financial sector (which we can credit to Clinton and Bush), and then the country recovered from the crash under his tenure.
The economic trends Trump is taking credit for were all in place before he took office. What did Obama trash specifically?
> problem is Obama trashed us
According to what? I am NOT an Obama supporter, but he inherited a collapse brought on by deregulating the financial sector (which we can credit to Clinton and Bush), and then the country recovered from the crash under his tenure.
The economic trends Trump is taking credit for were all in place before he took office. What did Obama trash specifically?
