Hah, fooled me! Before I noticed the date ordinates, I thought this was an endorsement of El Trumpo’s misappropriation of the Obama Recovery. Well played!
It is ‘interesting’ to note that Donald John Trump seems to be taking credit for both the improving economy AND the “wonderful” job growth numbers. The “economy” may be improving – the rise in the “Dow” isn’t REALLY an accurate indicator of how the American economy is doing – but perhaps it is.
As far as "Job Growth, well, …the U.S. Bureau of Labor Statistics figures showing “job growth” was roundly condemned by Donnie as being “fake” during the campaign. Donnie continually stated that the unemployment figures were up to three times higher than what was actually given!
After Donnie got elected, those self-same figures were lauded as proof of the ‘wonderfulness’ of Donnie’s economic ‘miracle’!. The way the statistics were determined DID NOT CHANGE over the course of the two administrations!
So we must either ASSUME that either Donnie was lying then, or that Donnie is lying NOW! Either way you choose, we are faced with a blatant lie on Donnie’s part!
On WHICH OCCASION, do YOU think the “orange nightmare” was lying?
Obama SAVED this economy, and everyone should know it. He inherited a disastrous economy from W., launched a major initiative (which would have been bigger were it not for GOP members in Congress), and bailed out the auto industry, which affects EVERYONE in the US. Turns out GM makes parts for every auto company in the US, even companies like Toyota. So had GM gone under (as some people suggested), it would have taken the entire auto industry down with it.
Trump gets some tiny credit for a short-term fever from tax cuts, most of which have gone into things like stock buybacks instead of things that affect the economy (like wage increases), but his tariffs have been a disaster for several industries.
That’s all right. Trump can have credit for the coming crash, too.
Corporations that were sitting on huge piles of cash not long ago have plowed that and their recent tax cuts into buying back stocks. That artificially pushes up their stock prices. But at some point the music will stop, and they will be out there doing a buck and wing all on their own with everybody watching. Just like last time, and the time before that, and…
Only problem is that the chart is missing a bend in that line. Right about 2017 the almost flat line curves upwards.
The slowest weakest recovery in history took place IN SPITE of Obama’s policies as opposed to because of them. What little growth we had from 2009-2017 is a testament to the strength of capitalism in the face of restrictive government regulation.
Of course, the people who believe that the recovery is ALL trump’s doing are the same ones that complained that Obama didn’t do anything about Hurricane Katrina, and that he wasn’t anywhere to be found close to the White House on 9/11…
@MASTER, I laughed my a$$ off the day I read those infantile statements from “The Orange Calcified Brain” infected people, Them can be so funny some times!
Reading the fools on the right get off on their fantasy about unfettered capitalism reminds me that the concept of “for the greater good” of society is something that they only mean to include them and their minders.
Just how many depressions will it take for them to realize that unbridled greed results in devastating economic crashes. Oh, wait, those are just “corrections” to the market. And the rich stay rich, so all is good, eh, Neoconman?
NeedaChuckle Premium Member over 5 years ago
He’ll take credit for anything someone else did.
casonia2 over 5 years ago
Let’s see…who was in office from 2009 to 2016, when this graph shows the improvement began? Oh, yeah! President Obama.
Ally2005 over 5 years ago
GOP playbook: Big tax breaks for large corporations and gut federal environmental regulations on large corporations. Success!
AndrewSihler over 5 years ago
Hah, fooled me! Before I noticed the date ordinates, I thought this was an endorsement of El Trumpo’s misappropriation of the Obama Recovery. Well played!
wellis1947 Premium Member over 5 years ago
It is ‘interesting’ to note that Donald John Trump seems to be taking credit for both the improving economy AND the “wonderful” job growth numbers. The “economy” may be improving – the rise in the “Dow” isn’t REALLY an accurate indicator of how the American economy is doing – but perhaps it is.
As far as "Job Growth, well, …the U.S. Bureau of Labor Statistics figures showing “job growth” was roundly condemned by Donnie as being “fake” during the campaign. Donnie continually stated that the unemployment figures were up to three times higher than what was actually given!
After Donnie got elected, those self-same figures were lauded as proof of the ‘wonderfulness’ of Donnie’s economic ‘miracle’!. The way the statistics were determined DID NOT CHANGE over the course of the two administrations!
So we must either ASSUME that either Donnie was lying then, or that Donnie is lying NOW! Either way you choose, we are faced with a blatant lie on Donnie’s part!
On WHICH OCCASION, do YOU think the “orange nightmare” was lying?
Condoreggs Premium Member over 5 years ago
Don’t respond to the Russian troll.
Motivemagus over 5 years ago
Obama SAVED this economy, and everyone should know it. He inherited a disastrous economy from W., launched a major initiative (which would have been bigger were it not for GOP members in Congress), and bailed out the auto industry, which affects EVERYONE in the US. Turns out GM makes parts for every auto company in the US, even companies like Toyota. So had GM gone under (as some people suggested), it would have taken the entire auto industry down with it.
Trump gets some tiny credit for a short-term fever from tax cuts, most of which have gone into things like stock buybacks instead of things that affect the economy (like wage increases), but his tariffs have been a disaster for several industries.
Condoreggs Premium Member over 5 years ago
Russian trolls are disingenuous.
grenjello over 5 years ago
True just look what he is doing for the national debt. Just wait till they start cutting social security and Medicare.
Mokurai over 5 years ago
That’s all right. Trump can have credit for the coming crash, too.
Corporations that were sitting on huge piles of cash not long ago have plowed that and their recent tax cuts into buying back stocks. That artificially pushes up their stock prices. But at some point the music will stop, and they will be out there doing a buck and wing all on their own with everybody watching. Just like last time, and the time before that, and…
Andylit Premium Member over 5 years ago
Only problem is that the chart is missing a bend in that line. Right about 2017 the almost flat line curves upwards.
The slowest weakest recovery in history took place IN SPITE of Obama’s policies as opposed to because of them. What little growth we had from 2009-2017 is a testament to the strength of capitalism in the face of restrictive government regulation.
Jimathai Premium Member over 5 years ago
45s Success in Gov and in Life is due to his inheritance.
Masterskrain Premium Member over 5 years ago
Of course, the people who believe that the recovery is ALL trump’s doing are the same ones that complained that Obama didn’t do anything about Hurricane Katrina, and that he wasn’t anywhere to be found close to the White House on 9/11…
sufamelico over 5 years ago
@MASTER, I laughed my a$$ off the day I read those infantile statements from “The Orange Calcified Brain” infected people, Them can be so funny some times!
Spun_G over 5 years ago
I would say that the hardest work done on the Great Recession recovery was performed actually by one Mr. Timothy Geitner, a fellow hired on by BHO.
Baslim the Beggar Premium Member over 5 years ago
Reading the fools on the right get off on their fantasy about unfettered capitalism reminds me that the concept of “for the greater good” of society is something that they only mean to include them and their minders.
Just how many depressions will it take for them to realize that unbridled greed results in devastating economic crashes. Oh, wait, those are just “corrections” to the market. And the rich stay rich, so all is good, eh, Neoconman?