When is Enough ,Enough?

.......thanks Obama.In President Obama’s last year in office, 2016, CBO’s*January report*(page 108),*March report*(page 13) and*August report*(page 68) reported a combined loss in ten-year revenue estimates of*$1,089 billion.* Overall, in the three years after President Obama’s 2013 tax hike -- purportedly to address the deficit, CBO’s twelve revisions report slower growth triggering a staggering $3.1 trillion in ten-year revenue losses through the end of his term.
You thank him

I will thank Trump
The CBO has issued two budget and economic reports after President Trump took office in January 2017.* In CBO’s June 2017 “Updated to the Budget and Economic Outlook”, page 19 reports that ten-year revenue estimates rose by $195 billion for “economic reasons”.** Then in CBO’s April 2018*“Budget and Economic Outlook”,*page 94 reports that ten-year revenue estimates rose by $1,088 billion for “economic reasons”.* This is the largest jump in revenues for economic reasons ever reported by CBO, and results from, in CBO’s words, their “current projections suggest[ing] a stronger economic outlook than those that the agency published in June 2017”.

You thank him

I will thank Trump

You know, if you deregulated everything, the economy would grow exponentially. It's all the pesky treehuggers that insist on regulation.

You know, if you deregulated everything, the economy would grow exponentially. It's all the pesky treehuggers that insist on regulation.A little DDT and a few more 2nd gen nuclear plants in the right places would solve that. ;)

You know, if you deregulated everything, the economy would grow exponentially. It's all the pesky treehuggers that insist on regulation.Serious question mooby,

Do you agree with G1 that this economy's performance is to Obama's credit and Trump's economic policies have had no or minimal impact.

Or do you give Trumps policies credit for the numbers even if you disagree with the policies or think they are shortsighted

Or some other answer outside of those two.

Obama built the foundation of the engine and Trump has removed the governor and hit the gas. Whether that’s a good thing for the long run or not we’ll see. Deregulation tends to lead to problems at some point a la the subprime mortgage crisis.

Obama built the foundation of the engine and Trump has removed the governor and hit the gas. Whether that’s a good thing for the long run or not we’ll see. Deregulation tends to lead to problems at some point a la the subprime mortgage crisis.Ok so Trump owns the growth and expansive economy at this point. And will need to own a collapse if it occurs during the rest of his term(s).

Ok so Trump owns the growth and expansive economy at this point. And will need to own a collapse if it occurs during the rest of his term(s).


Absolutely

Serious question mooby,

Do you agree with G1 that this economy's performance is to Obama's credit and Trump's economic policies have had no or minimal impact.

Or do you give Trumps policies credit for the numbers even if you disagree with the policies or think they are shortsighted

Or some other answer outside of those two.

I give Obama credit for digging us out of the post-GWB hole and setting the foundation, and I give Trump credit for continuing that. Where do I draw the line between Obama credit and Trump credit? I don't, because it's a dumb idea to try.

S/N while Trump deserves credit for continuing the growth of the economy, I wonder much more about the impact it's going to leave on the earth long after you and the baby boomer generation is gone. Aka, when my generation is your age and our kids will be the ones paying the price. Trade policies and the like can be changed once Trump is gone, if the current path we're on keeps trending the climate will only get worse from here.

I give Obama credit for digging us out of the post-GWB hole and setting the foundation, and I give Trump credit for continuing that. Where do I draw the line between Obama credit and Trump credit? I don't, because it's a dumb idea to try.
You say it's a dumb idea to try, but do you believe the growth that is occuring in GDP would have occurred under a continuation of Pres Obama's policies in a HRC presidency, or do you believe that the policies of Pres Trump created the regulatory and tax environment for higher growth.

S/N while Trump deserves credit for continuing the growth of the economy, I wonder much more about the impact it's going to leave on the earth long after you and the baby boomer generation is gone. Aka, when my generation is your age and our kids will be the ones paying the price. Trade policies and the like can be changed once Trump is gone, if the current path we're on keeps trending the climate will only get worse from here.

I am not a climate change denier, but I am most definitely a denier of policy driven on fears. We have lived for 50 years since they predicted we would run out of oil in 40 years. In 1000AD, the world's food supply was going to run out. etc etc.

The biggest thing global doomsayers ignore is human resourcefulness. Climate change is by its nature a slow process, even the doomsayer videos show changes occurring over 50-200 year timespans. Fact is, I'm far more worried about the political viability of the US constitution over the next 100 years and the country our kids and grandkids will live in, than sea levels shrinking the total land mass by some percentage. We may have to have different constructions, and we may have to find new ways to deal with disease, but humans have changed and survived in the harshest, to the softest climates. We are looking at populating a barren planet of Mars. We aren't recreating Venus, Mars, or Jupiter type environments, and with every leap in technology and creativity, we get closer to being more planet friendly, and as that technology spreads to places like India and China we have a better chance of saving the planet then any false security that accords like the Paris accord presented.

I don't have to continue to talk about the Obama recovery, but its well documented that the bi partisan efforts began before he took office and continued into it. Also the fact my aunt & uncle lost everything, my father was forced into retirement, and several family and friends had to relocate across the country...ALL occurring 4-5 years into the supposed recovery....clearly it wasn't as great as many proclaim.

Moving on....some good economic numbers for the most under privileged groups:

Unemployment for minorities has fallen to historical lows as the jobs recovery has extended into a ninth year. The recovery has also benefited other groups who typically are at the margins of the economy. For example, jobless rates for high school dropouts also hit a record low in July.

good stuff...like the president has stated, his economic policies would impact EVERYONE.