Quote:
Originally Posted by mooby
This should be an interesting argument. Where is the line of "this economy is Obama's fault" and "this improved economy is because of Trump" and how did you reach that conclusion?
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It’s well documented that the entire recovery strategy was mostly that of the Fed. The stimulus bill that was in the works before obama and easily passed with with bipartisan support. Bailouts, healthcare, low interest rates, etc...we can pick but not worth it.
The “great” recovery was the slowest and maybe the worst all time. Somethings were simply out of the locus of control of policy makers, such as an aging population, ie workforce.
As an entirety, the economy recovery really depended on where you were. Here in Virginia...we didn’t feel the brunt because of our leverage of a lot of federal jobs, military, next to the swamp-paid by taxpayers-shithole fake DC economy, leveraged against a beautiful tax policy for both individuals and businesses(thank gop legislators here in va for that).
So sure obama did an ok job, but business leaders across the country agree that the growth was slow, choked, wage growth was a negative (that’s your wealth distribution from the middle class to the poor, ie obama welfare), over regulation, poor trade deals, jobs leaving for overseas, combine with a foreign policy which was absolute shit left a lot of People from the American blue collar worker to the American ceo without a lot of optimism. That’s why trump got elected.