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A Personal Story of the Obama Economy vs Trump Economy
Townhall ^ | 09/13/2018 | Wayne Allyn Root

Posted on 09/13/2018 10:01:59 AM PDT by SeekAndFind

Did you ever make $10 million? Have you ever lost all $10 million? Could you point directly to the fingerprints of one president who caused you to lose it all? Well then I have one heck of a story for you!

Former President Obama is so green with envy at Trump’s economic success, it’s funny to watch! I’ll tell you my personal story in a minute that explainseverything.

First, a look at the remarkable success of President Trump. Trump did something even my hero President Ronald Reagan never did. I wrote a column weeks ago reporting that President Trump had produced the rare feat of higher GDP (4.2%) than unemployment (3.9%).

Reagan produced the greatest economic expansion in history, but even he never produced a single year of higher GDP than unemployment.

Compare that to Obama, who is the only president in the history of America to never produce a single year of 3% or higher GDP. Since George Washington that's never before happened.

I also reported here in this column that Trump had the second highest rating in the history of the Small Business Optimism Index. I predicted on my national radio and TV shows that Trump was second by only a smidge to Reagan, but he wouldn’t be second for long.

I was right. The August numbers are out. Trump has surpassed Reagan 108 to 107. No president in history has ever made America’s small business owners happier.

Why do small business owners love Trump so much?

Here's a personal story. I was honored to be chosen recently to debate one-on-one against New York Times “Never Trumper” columnist Ross Douthat at the FreedomFest Conference in Las Vegas. We debated in front of several thousand attendees.

I made the case that Trump is the best president ever for small business, the economy, and jobs. And Obama was the worst ever. I used my real-life story as Exhibit A. I bared my soul.

I told the audience when Obama became president, I was worth just under $10 million. By the time Obama left office, I was worth close to zero.

Do you think that’s a coincidence? It just so happened that my entire life, I was always able to snap my fingers and earn a big income and build successful businesses. But with Obama as president, I suddenly forgot how to make money?

And it must be pure coincidence that the same thing happened to almost every small business owner I know. I guess we all forgot how to make money under Obama. We all got dumb under Obama.

And now that Trump is president, we're suddenly all smart again. Things are rolling for me again. The same goes for every small business owner I know. I guess it’s a coincidence we all suddenly remembered how to make money again?

The answer is simple. Obama was a socialist. He believed government was the answer to every problem. He believed in income redistribution (ie theft). He attacked us with massive taxes, massive regulations, massive healthcare hikes with Obamacare, nonstop IRS attacks, open borders, and of course with negative comments such as “You didn’t build that.”

He made business owners feel greedy, insignificant, unwanted, unloved. He threw so many roadblocks in front of us, we couldn’t succeed, no matter how hard we tried. We were running in quicksand. That’s how I went from almost $10 million to -0-.

Then along came President Trump. A businessman. A fan of capitalism. A man who celebrated small business owners. He treated us like heroes. He dramatically cut taxes, cut regulations, killed the Obamacare mandate, made us feel valuable and wanted again. Trump took away the roadblocks. He greased the wheels. Suddenly, we were making money again. We weren’t running in quicksand anymore.

It’s not just “America First.” With President Trump, it’s entrepreneurs and small business first. Trump made us great again. And we're making America great again.

What a change. Even the New York Times and Washington Post praised the Trump economy this week. They both reported on the remarkable increase in blue collar jobs under Trump.

Douthat listened to my opening speech. He walked to the podium and told the audience “I concede.” The audience roared. They all got it. I'm one of them. We’ve all lived Obama vs Trump. We know what’s happening. We never want to go back to Obama.

The audience voted at the end of the debate. I was voted the overwhelming winner of the debate.

Thank you, President Trump. We're all winners because of you.


TOPICS: Business/Economy; Culture/Society; Government; News/Current Events
KEYWORDS: economy; obama

1 posted on 09/13/2018 10:01:59 AM PDT by SeekAndFind
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To: SeekAndFind

Hey! What happened to that Blue Wave?


2 posted on 09/13/2018 10:08:13 AM PDT by ClearCase_guy (The MSM is in the business of creating a fake version of reality for political reasons.)
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To: SeekAndFind

Great article, thanks for posting it!


3 posted on 09/13/2018 10:09:02 AM PDT by rlmorel (Leftists: They believe in the "Invisible Hand" only when it is guided by government.)
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To: ClearCase_guy
"What happened to that Blue Wave?" ----- Maybe it'll be a blue collar wave. ☺
4 posted on 09/13/2018 10:12:53 AM PDT by nesnah (Liberals - the petulant children of politics)
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To: SeekAndFind

Yep - Root lays it out perfectly!
Thanks for posting.


5 posted on 09/13/2018 10:15:16 AM PDT by Montana_Sam (Truth lives.)
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To: SeekAndFind

I went from a $6,000 a year health care cost to $18,000

that too a thousand dollars a month out of my pocket.


6 posted on 09/13/2018 10:18:21 AM PDT by Mr. K (No consequence of repealing Obamacare is worse than Obamacare itself.)
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To: SeekAndFind

RE: Trump had produced the rare feat of higher GDP (4.2%) than unemployment (3.9%).

OK folks, I don’t like to quibble, but we must be accurate. That 4.2% GDP is QUARTERLY. even Obama had an above 4% quarter under his administration but that did not translate to anything for the entire year. The economy remained anemic.

We need to focus on the ANNUAL GDP because that’s how we measure Obama’s failure to reach 3% in any of his years as President.

This figure will come end of January 2019. It’s just too early to tell at this point.


7 posted on 09/13/2018 10:21:17 AM PDT by SeekAndFind (look at Michigan, it will)
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To: SeekAndFind

RE: I told the audience when Obama became president, I was worth just under $10 million. By the time Obama left office, I was worth close to zero.

I don’t think he meant he lost all the $10 Million that he made before Obama became President....

If I understood him right, he did not make money during Obama’s Presidency.


8 posted on 09/13/2018 10:25:09 AM PDT by SeekAndFind (look at Michigan, it will)
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To: SeekAndFind

Something else to remember... lots of Conservatives observed a moratorium on non-essential spending during the “O” adm.

I certainly did.


9 posted on 09/13/2018 12:26:10 PM PDT by SMARTY ("Nearly all men can stand adversity...to test a man's character, give him power." A. Lincoln)
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To: SeekAndFind
I was worth just under $10 million.

I had lots of money

By the time Obama left office, I was worth close to zero.

I lost all my money.

10 posted on 09/13/2018 2:16:49 PM PDT by Don W (When blacks riot, neighbourhoods and cities burn. When whites riot, nations and continents burn.)
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