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Posted On: 02/25/2019 6:15:48 PM
Post# of 124770
It was called the Great Recession for a reason. GDP is not the sole measure of economic recovery. The decline in unemployment, new job growth and the stock market recovery under Obama speak for themselves.
Figures don’t lie, but liars figure. If you say that Trump is doing better than Obama, you are a liar who figures.
After Obama “fixed” the worst economic disaster since 1929–1936, after 2010, the growth rate was in the same range as Mr. Trump is getting.
Hopefully we will get a bit of extra growth before Trump’s mistakes (the trade war, failure to redesign taxes to account for our new global situation, and failure to reduce regulations that added up to anything) take us back down again.
One quarter of 4% GDP growth doesn’t mean much, but it is a hopeful sign. Obama had similar quarters, and things are pretty good now.
Barely two years is a little soon to call the results for a Trump economy, and you know it is.
Figures don’t lie, but liars figure. If you say that Trump is doing better than Obama, you are a liar who figures.
After Obama “fixed” the worst economic disaster since 1929–1936, after 2010, the growth rate was in the same range as Mr. Trump is getting.
Hopefully we will get a bit of extra growth before Trump’s mistakes (the trade war, failure to redesign taxes to account for our new global situation, and failure to reduce regulations that added up to anything) take us back down again.
One quarter of 4% GDP growth doesn’t mean much, but it is a hopeful sign. Obama had similar quarters, and things are pretty good now.
Barely two years is a little soon to call the results for a Trump economy, and you know it is.
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