trump's economy failing; worse than Obama's last 3

Flubha….THIS is the MAIN REASON that the USA isn't controlling the virus. It has zero to do with Trump. 

Cold weather or hot weather this all comes down to INDIVIDUAL decisions. A person can choose to socially distance (a pretty good idea) or do other things such as the millions and millions of people that chose to join mass protests in elbow to elbow crowds. Then consider that anyone that joined in nationwide protest would belong in a group of people least likely to practice safe social distancing after they were done protesting. The exponential disaster of cases exploding from the protests is unlikely to have hit its peak because the irresponsible people that didn't get sick (ie...zombie carriers) continue to facilitate the spread. They are selfish and irresponsible.
America has 4% of the world population and 25% of the cases. This is what happens when a signifigant percentage of a population cares only about themselves.

The formatting of COVERS is inconvenient at times.......

Let me repeat to Fubah the following; 

Why did you leave out SWEDEN.. LOL  ( selective reporting.   That's why !!)

And may I ask why you didn't include a more appropriate example of Europe  versus the U.S.   let's investigate this further,  shall we ?? What's the mortality rate on a per capita  basis 

PolitiFACT article:


"Here's how the deficit performed
under Republican and Democratic presidents,
from Reagan to Trump"


To check the numbers in Cole’s tweet,
we went to the Federal Reserve Bank of St. Louis,
which has an interactive database for these kinds of figures.


"Reagan took the deficit from 70 billion (up) to 153 billion."
 At points between 1983 and 1986, the deficit was actually more than $175 billion.



"George H.W. Bush took it (up) to 255 billion."
The deficit spiked at around $290.3 billion the year before he left office.



"Clinton got it (down) to ZERO!"
During his presidency, Clinton managed to
and end his term with a $128.2 billion



"G W. Bush took it from 0 (way up) to 1.4 trillion."



"Obama (down) to 600 billion."
Obama left the presidency with a deficit of approximately
$584.6 billion, which is more than halving $1.41 trillion.
The deficit was even lower in 2015 at around $441.9 billion.


"Trump’s got it back (up) to a trillion "

Source: https://tinyurl.com/trhtkaq
.

Hey Fubah... read what Gamble has said.  I'll take it  a step further and say read what I posted in the investment forum  in March.  It was then i said the virus would expose western societies the most , because we hold our freedom and liberties the most  ! 

I said this in March  , you fool !!!!

Education is your friend,  unless you choose to ignore it !! 

Hey Fubah.... just for the record.   No one takes you seriously on the conservative side.   You have how many posts in 8 years ???  Did you just wake up from your cave ?? 

I for one hope you stick around for a bit.   I personally enjoy poking holes in your unfounded arguments !   Lol

Hey Fubar... will you report on o`bamas incompetence in his 8 years , or will you respond to the slowest growth on record  !! 

Inquiring minds want to know !!! 

Like Frick  and Frack... you two cover for your incompetence.  Lol.  

Kelly, you're now on the clock  !!! Post something  useful  !!

also from the greater chicago region .

and your right about the stupid partisan bs from that prevous post u mentioned . that guy watched fox news 24-7

This is one that compares the sentiment, along with charts, comparing the two at appropriate stages:

President Trump is winning higher grades than former President Barack Obama for his handling of the economy, employment, and trade.

In the latest Pew Research Centertimed for the start of his third year, adults said that the president’s economic policies, dubbed “MAGAnomics”, are much “better” than Obama’s, driving a good economy and job creation.

“More Americans say Trump’s economic policies have made conditions better (40 percent) than worse (28 percent), while 29 percent say they have not had much of an effect,” said the survey.

“In January 2011, a comparable point in Barack Obama’s presidency, the public expressed mixed views of the impact of his economic policies, with about as many saying his policies made things worse (31 percent) as better (28 percent),” added the Pew analysis.

Other polls out this weekalso noted high investor and business confidence in the long-term impact of the president’s economic moves.

On trade, the Pew survey found confidence in Trump also.

“Trump engenders more confidence for his ability to make good decisions on trade and the economy than in other areas, especially working with Congress. About half say they are very or somewhat confident in Trump’s ability to negotiate favorable trade deals (51 percent) and make good decisions about economic policy (49 percent),” said Pew.

https://www.washingtonexaminer.com/washington-secrets/year-3-trumps-economy-better-than-obamas-jobs-highest-in-decades

This is one from the business and investor community:

https://www.investors.com/politics/editorials/obama-trump-booming-economy/

Growth: Barack Obama is on the road attempting to claim credit for the booming economy under President Trump. But the only thing Obama deserves credit for is making it easy for Trump to undo Obama's anti-growth policies.

Let's see if we have this right.

For eight years, President Obama presided over the worst economic recovery in modern times. For six years, he blamed Republicans in Congress for thwarting his spending agenda and hampering growth. In his last two years in office, he claimed that 2% growth was the best we could hope for. And in his last year in office, while the economy was again stalling out, Obama claimed that Trump's tax cuts and deregulation would only make things worse.

But now that we're in the midst of a booming economy — which kicked in after Trump reversed almost all Obama's economic policies — we're supposed to believe that it's Obama who deserves all the credit.

Yep. That's precisely what Obama and his Amen Chorus in the press want us to believe.

In his speech in Illinois last Friday, Obama complained that Republicans were taking credit for his work.

“When you hear how great the economy's doing right now, let's just remember when this recovery started," he said. "I mean, I'm glad it's continued, but … suddenly Republicans are saying it's a miracle."

This week, White House Council of Economic Advisers Chairman Kevin Hassett wisely set the record straight. At a briefing on Monday, he noted that just about every important economic indicator showed the economy was stalling out in Obama's last year.

Hassett explained that small business optimism had been on the decline before the November 2016 election. The percentage of businesses saying it's a good time to expand was, too. Business investment was stagnant. All those turned upward starting in 2017. Applications for new businesses are now well above the trend over Obama's entire second term, Hassett noted. And blue-collar jobs are growing faster than any time since the Reagan administration.

Turnaround on GDP Growth

There's more. The rate of GDP growth was decelerating in Obama's last year. It went from 2.3% in Q2, to 1.9% in Q3 to 1.8% in Q4 of 2016. Under Trump, GDP growth has averaged 2.9%. It was 4.2% last quarter and might be higher in the current one.

The stock market also was stuck in neutral the year before the November 2016 elections. The Dow is up by some 45% since then.

Real median family income didn't budge from August 2015 to November 2016, according to Sentier Research. It's up more than 4% since Trump came into office. Wages are on the upswing.

In Obama's last year, unemployment rate remained basically unchanged — it was 4.9% in Jan 2016, and 4.8% when Trump took office in Jan. 2017. Now it's down to 3.9%

We could go on.

Meanwhile, the same reporters now patting Obama on the back for today's strong economy were reporting in late 2016 about how — as The New York Times put it — "the underlying reality of low growth will haunt whoever wins the White House."

Scientific Consensus

Still not convinced Trump deserves credit for the current booming economy? Consider that a survey of 68 business, financial and academic economists by The Wall Street Journalat the start of this year found that most believed Trump's policies would boost the economy, while the same group had said Obama's policies were a drag on long-term growth. Ninety percent said Trump's tax cuts would accelerate growth.

It is what the left would, in another context, call a "scientific consensus."

Yet to listen to liberal activists and the ideological press and you'd think that Trump was crazy for claiming credit for today's growth. "The economic expansion we're enjoying today was set in motion under Obama," insists Slate's Jordan Weissmann.

Doesn't this make people like Obama and Weissmann "economy deniers?"

That should give you three things.  A comparison of the two at about the same time in office.  A consensus of how the folks felt.  A consensus about how the financial sector felt.  

So, if you are honest about it and really make the economy the main thing — most of us in the industry feel Trump is better for the economy.  Most of the folks felt better about the economy with Trump.  And most of all — the data shows this.  

I get that you do not like Trump.  I even understand that.  But you cannot say he is not the best guy for the economy.  You can even say you don’t care about the economy as your main plank of the platform — I am cool with that.  

You say you like to read.  This should get you started in the right direction.  This addresses the deregulation I mentioned that you were overlooking, among other things. 

Good luck and have an open mind — setting aside your prejudice against Trump.  He was not my guy at the onset.  But I have to admit he did a phenomenal job with the economy.  

I do not care about anything else you feel about Trump.  My only interest is with your insight into the economy here. 

Covers seemed to erase the earlier post.  Let's try this again for all to see