Current Events > Obama: When you hear the economy is improving, remember who started it.

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Bestoffuture
10/22/18 9:52:34 PM
#1:


https://thehill.com/homenews/campaign/412617-obama-when-you-hear-economys-improving-remember-who-started-it

I miss this guy.
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Devimon
10/22/18 9:53:01 PM
#2:


yeah, trump did :DDD
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DarkTransient
10/22/18 9:53:19 PM
#3:


Yeah, the Founding Fathers.
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Youngster_Joey_
10/22/18 9:53:57 PM
#4:


Why can't Democrats ever get the economy improving while they are actually in office?

It would do wonders for their elections.
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PonyLivesMatter
10/22/18 9:54:07 PM
#5:


Devimon posted...
yeah, trump did :DDD

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glitteringfairy
10/22/18 9:54:27 PM
#6:


PonyLivesMatter posted...
Devimon posted...
yeah, trump did :DDD

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Bestoffuture
10/22/18 9:55:01 PM
#7:


Youngster_Joey_ posted...
Why can't Democrats ever get the economy improving while they are actually in office?

It would do wonders for their elections.


2008 vs 2016

Hmmm
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Samurontai
10/22/18 9:55:03 PM
#8:


Youngster_Joey_ posted...
Why can't Democrats ever get the economy improving while they are actually in office?

It would do wonders for their elections.


How does the economy work
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Irony
10/22/18 9:57:25 PM
#9:


FDR
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MaverickXeo
10/22/18 9:57:33 PM
#10:


Natural boom and bust cycles are totally related to the previous government.
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Knowledge_King
10/23/18 2:39:54 AM
#11:


I mean...it wasn't him.
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SuperMedz3
10/23/18 3:15:51 AM
#12:


epic
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Youngster_Joey_
10/23/18 11:47:06 AM
#13:


Samurontai posted...
How does the economy work


What an NPC response.
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DifferentialEquation
10/23/18 11:49:41 AM
#14:


So Obama is doing his usual routine of taking credit for other people's work? No surprise there. He took credit for all the positive effects of Bush's presidency and now he's doing the same to Trump.
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Monolith1676
10/23/18 11:53:08 AM
#15:


To quote Obama's own line, "you didn't build that."
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HypnoCoosh
10/23/18 11:53:17 AM
#16:


Hahaha Obummer couldn't even fill a high school last night.

President Trump had over 19,000 packed in Texas last night and another 20,000 outside.

Obummer is sad, trying to save his legacy clinging onto President Trumps EXCELLENCE.
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CableZL
10/23/18 11:55:26 AM
#17:


Youngster_Joey_ posted...
Why can't Democrats ever get the economy improving while they are actually in office?

It would do wonders for their elections.

The economy started improving during Obama's presidency.
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DifferentialEquation
10/23/18 11:56:17 AM
#18:


HypnoCoosh posted...
Obummer is sad, trying to save his legacy clinging onto President Trumps EXCELLENCE.


Pretty much this. There are two types of people. There are people like Obama who do nothing but try to take the credit. And there are people like Trump who actually get things done but are humble about it.
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HypnoCoosh
10/23/18 11:57:07 AM
#19:


CableZL posted...
Youngster_Joey_ posted...
Why can't Democrats ever get the economy improving while they are actually in office?

It would do wonders for their elections.

The economy started improving during Obama's presidency.


No it didn't.

Obummer specifically said those jobs weren't gonna come back and we needed to get used to the new America. He hated America who the fuck do you think you are fooling soon?
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Unimpressed
10/23/18 11:57:54 AM
#20:


HypnoCoosh posted...
Hahaha Obummer couldn't even fill a high school last night.

President Trump had over 19,000 packed in Texas last night and another 20,000 outside.

Obummer is sad, trying to save his legacy clinging onto President Trumps EXCELLENCE.

The ones outside were probably anti Trump protesters. Your idiot cult leader loves to lump them in with his count to pretend he has a higher following than he really does.
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HypnoCoosh
10/23/18 11:58:58 AM
#21:


https://www.youtube.com/watch?v=jb_-RUKBqGw" data-time="

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HypnoCoosh
10/23/18 11:59:52 AM
#22:


Unimpressed posted...
probably


L.O.L.

Dis guy never even been to a Trump rally hahaha.

President Trump is a rock star.
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Unimpressed
10/23/18 12:00:56 PM
#23:


Oh look, more Trump lies from Hypno. The "magic wand" reference was from Trump saying he'd hit 4% ANNUAL GDP. Something he has still not done. Obama himself hit 4% quarterly a few times
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EndOfDiscOne
10/23/18 12:04:51 PM
#24:


What did Obama do again to boost the economy?
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#25
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Cj_WlLL_VVlN
10/23/18 12:08:16 PM
#27:


EndOfDiscOne posted...
What did Obama do again to boost the economy?


Nothing. The government has little effect. Mostly natural cycles and the federal reserve.
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HydraSlayer82
10/23/18 12:09:06 PM
#28:


DifferentialEquation posted...
HypnoCoosh posted...
Obummer is sad, trying to save his legacy clinging onto President Trumps EXCELLENCE.


Pretty much this. There are two types of people. There are people like Obama who do nothing but try to take the credit. And there are people like Trump who actually get things done but are humble about it.

Lmfao
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MaverickXeo
10/23/18 12:11:07 PM
#29:


JustMyOpinion posted...
EndOfDiscOne posted...
What did Obama do again to boost the economy?


Signed the bank bailout that Dubya introduced.

Cash for Clunkers.

?????


Cash for Clunkers hindered the economy. People gave in good vehicles to get loans for new ones and increased debt load.
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voldothegr8
10/23/18 12:12:44 PM
#30:


What a smug piece of shit.
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J E S U S
10/23/18 12:15:41 PM
#31:


glitteringfairy posted...
PonyLivesMatter posted...
Devimon posted...
yeah, trump did :DDD

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#32
Post #32 was unavailable or deleted.
Unite
10/23/18 12:20:54 PM
#33:


Youngster_Joey_ posted...
Why can't Democrats ever get the economy improving while they are actually in office?

It would do wonders for their elections.


This actually been pattern for last 40 years. Republicans wreck the budget and then when democrats are in they blame and say democrats fault via Fox News. If Demi gets in they will have tough time do to trumps changes and actions.
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#34
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CableZL
10/23/18 12:26:59 PM
#35:


RoadsterUFO posted...
Neither party can balance their own budgets and continually pass and sign astronomical spending bills. This isnt an exclusive problem to solely Republicans dude.


The deficit also dropped quite a bit during Obama's presidency.
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Unimpressed
10/23/18 12:27:51 PM
#36:


voldothegr8 posted...
What a smug piece of shit.

Takes a lot of cognitive dissonance to say this about Obama while being a Trump supporter
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Webmaster4531
10/23/18 12:29:22 PM
#37:


VipaGTS posted...
Unknown5uspect posted...
He's not wrong.

Doom_Art posted...
He's absolutely right lol

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#38
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HypnoCoosh
10/23/18 12:31:22 PM
#39:


MaverickXeo posted...
JustMyOpinion posted...
EndOfDiscOne posted...
What did Obama do again to boost the economy?


Signed the bank bailout that Dubya introduced.

Cash for Clunkers.

?????


Cash for Clunkers hindered the economy. People gave in good vehicles to get loans for new ones and increased debt load.


Also took away affordable cars for lower income range people and hurt local auto mechanics who fixed cars for money.

They literally took running cars and destroyed the engines.
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Chicken
10/23/18 12:35:00 PM
#40:


Obama is responsible for the deaths of countless women and children via drone strikes.
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HypnoCoosh
10/23/18 12:35:55 PM
#41:


Obama recently said Benhgazi was a conspiracy theory lol
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darkphoenix181
10/23/18 12:35:56 PM
#42:


This kind of thing is best tested by revisiting the past.

http://www.chicagotribune.com/business/columnists/ct-marksjarvis-gdp-recovery-0731-biz-20160729-column.html

But the infatuation became suspect Friday with a whiff of reality. The economy is not cooperating with the highs of the stock market. The economy's growth has been weak. U.S. gross domestic product grew at only a 1.2 percent annual rate during the last quarter. And more disturbingly, the economy just hasn't made gains anywhere near a typical recovery even though it's had seven years since the Great Recession.

Though the woes of 2008 are long gone, and millions of people have regained jobs and now have homes, stocks or other investments that have put their hearts aflutter, the recovery should be much stronger by now.


https://www.pbs.org/newshour/politics/watch-live-president-obamas-town-hall-in-elkhart-indiana

Nevertheless, in the interview and a town hall held immediately after in downtown Elkhart, the president acknowledged that many people around the country remain worried about making ends meet.

Even though weve recovered, people feel like the ground under their feet isnt quite as solid, Obama said. If theyre feeling insecure, and theyre offered a simple reason to be more secure, people are going to be tempted by it.

Hes come to Elkhart a few times, and it seems like hes done nothing to try and make things better, said Steven Good, a homeless man who has struggled to find housing and work in the area. He made lots of announcements but they were just words. Empty promises.


Not only this, but up to almost 2015, Bush was constantly still blamed for...the bad economy despite being 8 years into Obama.
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#43
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voldothegr8
10/23/18 12:48:30 PM
#44:


HypnoCoosh posted...
MaverickXeo posted...
JustMyOpinion posted...
EndOfDiscOne posted...
What did Obama do again to boost the economy?


Signed the bank bailout that Dubya introduced.

Cash for Clunkers.

?????


Cash for Clunkers hindered the economy. People gave in good vehicles to get loans for new ones and increased debt load.


Also took away affordable cars for lower income range people and hurt local auto mechanics who fixed cars for money.

They literally took running cars and destroyed the engines.

Yeah I remember shopping for a used car around 6 years ago and I couldn't find anything half decent without spending $5k-$6k minimum. Normal clunkers that would usually cost $1000 were being sold for $3000+, shit was ridiculous.
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CableZL
10/23/18 12:49:51 PM
#45:


RoadsterUFO posted...
CableZL posted...
RoadsterUFO posted...
Neither party can balance their own budgets and continually pass and sign astronomical spending bills. This isnt an exclusive problem to solely Republicans dude.


The deficit also dropped quite a bit during Obama's presidency.


1. Obamas deficit spending was higher overall than the amount that was cut.

2. Debt and deficit are not the same thing.


I never suggested debt and deficit are the same thing. However, it's important to not have a deficit in order to reduce the debt.
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HypnoCoosh
10/23/18 12:58:46 PM
#46:


voldothegr8 posted...
HypnoCoosh posted...
MaverickXeo posted...
JustMyOpinion posted...
EndOfDiscOne posted...
What did Obama do again to boost the economy?


Signed the bank bailout that Dubya introduced.

Cash for Clunkers.

?????


Cash for Clunkers hindered the economy. People gave in good vehicles to get loans for new ones and increased debt load.


Also took away affordable cars for lower income range people and hurt local auto mechanics who fixed cars for money.

They literally took running cars and destroyed the engines.

Yeah I remember shopping for a used car around 6 years ago and I couldn't find anything half decent without spending $5k-$6k minimum. Normal clunkers that would usually cost $1000 were being sold for $3000+, shit was ridiculous.


I remember having the same issue. It was insane how expensive cash for clunkers made the used car market.
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