No I'm sorry but government is not business. Businesses exist to make money, right? Please explain how that is the purpose of a government.
Whiny boy said that.
LOL.
Actually, we'd be much better off if people (in general and not you Avalanche) understood the Constitution (yes, actually understood it), understood history, understood intent ...
What wrongs?
He has done nothing but ride Obama's economy and take all the credit. He couldn't even replace Obamacare with control of both houses. So he gave big corporations tax cuts, wow that really helps me. We have been running as big of a deficit as when the economy was on the brink of total collapse. When the markets readjust and we enter the next recession what can be done to correct the economy? Lower rates? They are already very low. If this is the greatest economy ever and we are spending almost a trillion more than we take in, what happens when the next recession hits?
Tbh, you're comparing two different phases of the economic cycle and the presidents in at the time. Really you can't do this well, for a few reasons, the main one being Obama entered office when the economy started collapsing, it dragged his first term, but he threw billions into the system as any president after FDR would have, and it recovered in time from it. To compare, the DOW was at about a 12,000 peak at the brink, collapsed in half at its lowest, to about 6000 - 7000, and took until Obama's second term to level out again. The DOW ended at 20k when Obama left office, netting about 8k. Net matters, as taking the low point, which lasted for a short time (well inside his first term too) does not count IMO. Realistically, he grew it about 60 - 70% After Trump was elected, you can see the sudden surge and aside from one dip on one or two days, it has gained steadily since. Obama did what he did to recover the economy, and while you can debate who got more of a tax break or not (I for one don't really believe it made much of an impact on your average worker from my own experiences initially at least), the Dow did surge after Trump was elected. It grew faster for longer than during any point in Obama's term. The chart doesn't lie. I do believe the economy is going to start overheating really soon myself, so whoever IMO gets the next term is going to either leave with it starting, or will have to deal with it midway.
One of the dumbest things on the economic front Trump has done has been to tie himself so close to the performance of the stock market. During the campaign, he called it a big, fat, ugly bubble. Now, he's hyper-focused on it. He's tweeting about it, bashing the Fed over it, and taking credit for it, every time he gets a chance. That's a dangerous game.
I don't see how a 12k peak before he was in office has anything to do with it. It was 6k or so at it's worst when he was in office and 20k when he left. That is a much larger increase than Trump's greatest economy. More importantly the deficit was going down with the rising market and now we are near the levels Obama had when the economy was near depression.
I was introduced to a different take today . Instead of trying to interpret the intent of the authors why not interpret the meaning of the words and what the people took them to be ?
So Obama gets no credit for helping prevent a total collapse of the economy that W and crew created with tax cuts and war? When has anyone went to war and cut taxes? No socialist policy of Obama's caused the bubble to pop. Unemployment was nowhere close to 10 when he left and the deficit from his socialist policy was less than Trump's free market, greatest economy ever. Wait until this bubble pops it will be Obama's faultWe had over 10 percent unemployment during the Obama era. We are now around 3 percent. I give Obama absolutely zero credit for anything positive economically, even those on the left understand this. That's why Al Green said Tump will win again unless we impeach him. Those policies not only hurt our economy here in the States, they do just about everywhere its tried. Like Neil Diamond says, "They're coming to America". Our global score under Obama was a C. We are now an A. GDP is up. Sales and manufacturing went down under Obama. This is no knock on Obama, but those socialist policies in general. You're not going to manufacture if you know the general populous is going to be paying more to the government instead of public commerce. Businesses won't hire if they know more overhead is going to the government instead of reinvesting it in their business. But if you like Obama's policies, I'm sure the IRS won't have any issues taking more money from you if you're willing to give it to them. So by all means, call them up and tell them you'd like to offer them more money, then it'll be just like having Obama again and you can forget about Trump. But then again, I really don't want you to do that bc I'd rather you spend that money supporting your local businesses and shops, so they can grow and hire more people.
So Obama was a socialist then??