Politics & News

Only logged in members can reply and interact with the post.
Join SimilarWorlds for FREE »

Obama " It Was My Economy" __ and it was

[media=https://youtu.be/16qP5EnuVvA?feature=shared]

When Trump took office economy was good - employment was down to 4.2 / 4.7.

Economy was riding off of what Obama established in Trump writing off of Obama's shirt tail

Top | Newest First | Oldest First

BohemianBabe · M

Trump was handed Obama's economy, then destroyed it, and his argument is that Biden didn't clean his mess up fast enough.

BizSuitStacy · M

One of Obama's great economic achievements is being the only president never to achieve 3% GDP since the gov't began tracking the data. And, oddly enough, the unemployment rate was 8% at the end of his first term until Oct. of 2012, when the rate dropped to 6% with no explanation of how the 25% reduction was achieved. Simply a miracle. Stock market growth was realized through quantitative easing. Not just QE1. Not just QE2. But also QE3 The additional increase in the money supply was to help struggling home owners to deal with their mortgages after the housing bubble burst. But instead, that money went investment bankers and fund managers. As long as the money keeps flowing into the stock market, it keeps going up.

View 1 more replies »

BizSuitStacy · M

@SDavis

Actually unemployment was 4.2 and 4.7 when Obama left office

Well...which is it? He only left office once. Unless you're saying the unemployment rate was 4.2 at the end of his first term, which is complete BS. It was at 8% until the Dept of Labor did a magic trick to make 25% of the unemployment rate disappear.

Your information is flawed

Why? Because it's right, and dulls the shine on your messiah? 🤣 Obama had 8 years, and not one year did he achieve 3% GDP. He kept the stock market high via quantitative easing. It didn't come from actual economic growth.

SDavis · 56-60, F

@BizSuitStacy

If you do a little bit of studying on some of the link sites gave pull them up yourself you will find out why 4.2 and 4.7 unemployment is used.

Jesus is my Messiah - Obama was the commander and chief of the country I reside in my president.

Frankly you can say what you want to say and think what you want to think - I don't care. Honest people know the FACTS and you haven't presented a fact.

End of this conversation.

BizSuitStacy · M

@SDavis

If you do a little bit of studying...

Studying? The U.S. Bureau of Labor Statistics is the official data. Here is what it shows at the end of Obama's 1st & 2nd terms.

2012:
Unemployment rate was at 7.9% - which means Obama lied (shocker, right 🙄) when he campaigned that the unemployment rate was 6%

2016:
4.7%

So...how the hell did you come up with 2 unemployment rates when he left office? And where did 4.2% unemployment come from? Let's see your sources.

Honest people know the FACTS

You're right. I do know the facts, and I can back them up. Which means I know you are either a flaming, bold faced liar, or a total idiot.

End of this conversation.

Is it?

SStarfish ·

Obama forced working people and small companies to pay crazy fees for medicare they couldn't afford and didn't want or use .. that's not American

SDavis · 56-60, F

@SStarfish

You are confused Obama didn't force anybody to pay crazy fees for Medicare.

SDavis · 56-60, F

https://www.nbcnews.com/politics/meet-the-press/data-show-trump-didn-t-build-great-economy-he-inherited-n1237793

https://www.americanprogress.org/article/obamas-legacy-economy-anything-mess/

https://www.factcheck.org/2017/09/obamas-final-numbers/

MasterLee · 56-60, M

Total fake out

View 2 more replies »

MasterLee · 56-60, M

@SDavis no but your simple mind went there

SDavis · 56-60, F

@MasterLee telling me I have a simple mind I see _ just like trump and his brainwashed, always result to insults

MasterLee · 56-60, M

@SDavis oh really

Adrift · 61-69, F

You are what you pretend to be I guess.

SDavis · 56-60, F

@Adrift

Nope you're not what you pretend to be.

Trump all he is is one big bundle of pretense. And uses others for his personal gain.

This comment is hidden. Show Comment

Add a comment...