Obama was not in office for 19 years, ergo, it’s false.
Obama had the worst recovery from a recession than any president.
lowest labor participation rate for Obama, highest ever for Trump!
Manufacturing very poor under Obama said those jobs would never come back.
manufacturing revitalized under Trump very big.
Record capital investment under Trump. These are durable goods like machinery new plants etc..
Because of tax cuts we have enormous overseas money coming back to the U.s.
etc.,etc.,etc.
I doubt your friend could comprehend basic Econ.It might be a waste of time .
Ha ha.
Obama was not in office for 19 years, ergo, it’s false.
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Yep, he wasn’t ... it just felt that long.
No matter the new math being taught today, their math does NOT work.
8 years X 4 quarters can only equal 32 Quarters at best.
Ask them how they do their math today.
As a life long bookkeeper/accounting person, I have never seen such calculations. But- then I am only 78, so maybe I missed something.
A few tactics to use to get them shrieking and running away after their ‘facts’ are disproved :
First ask them if they know what ‘per capita’ means before then asking them to produce the data for their statement (if their idea is not per capita then the growth happens simply by the population increasing even when ‘per capita’ can go down a little)
Second remind them that ‘growth’ can technically be only 1/2 a percent (or less) as well as the current 4.1%. the importance of real growth is its magnitude.
The US economy kept growing a little even under obama - but very miserably compared to previous administrations.
Third so taking that understanding the CURRENT economy is growing something like TWICE as FAST now as under that miserable socialist and his destructive policies.