(Total Views: 112)
Posted On: 11/08/2018 2:36:50 PM
Post# of 65629
You call a lot of thing bullshit that aren't. My post was accurate and you can't refute a single point I it.
Obama made a remark in 2010, when the economy was still in recovery. He didn't suggest a 'new normal' was going to be permanent, and it wasn't.
Obama made a remark in 2010, when the economy was still in recovery. He didn't suggest a 'new normal' was going to be permanent, and it wasn't.
Quote:
Here is a chart showing the quarter-by-quarter growth in gross domestic product since 2008. The red bars indicate the tenure of Republican presidents George W. Bush and Trump, while the blue bars indicate the tenure of President Barack Obama, a Democrat.
Percent change in inflation-adjusted GDP compared to previous quarter, 2008-2018
https://www.politifact.com/truth-o-meter/stat...his-watch/
Obama also opined on the stock market.
On March 3, 2009, President Obama said stocks were looking like a pretty good buy. Less than a week later -- on March 9 -- the stock market hit its low point after the financial crisis.
But tince then, the U.S. stock market has been on a tremendous upswing for nearly eight years. The S&P 500 has gained over 200%. So far, Obama is shaping up to be one of the best presidents for the stock market in modern history.
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