The Halfrican halfwit was only concerned about increasing his “federal inheritance.”
To demonicRATS, the size of government IS the economy. Most of the growth under Soetoro was in government.
The only economic policies worse than Obama’s are the globalist Free Traitor™ policies of the GOP.
The best thing about Trumps presidency is that I don’t have to see B.O.s face on TV droning on and on with sycophants googling over him.
The Federal Reserve kept Obama’s economy afloat.
In contrast, the Federal Reserve is working against Trump’s successful economic policies.
because they received not the love of the truth, that they might be saved. 11And for this cause God shall send them strong delusion, that they should believe a lie: 12That they all might be damned who believed not the truth, but had pleasure in unrighteousness.
I had been a self-employed small business owner for almost 30 years when Obama got elected. My business always seemed to be “first-in, last-out” when it came to recessions as we were essentially a manufacturer’s rep firm. GWB’s recession hit us early & hard. But when Obama got elected, I didn’t wait for him to take office. I knew that I’d be shoveling against the tide for more than 2 years. I just shut it down. I was a 1-man band at that point so it only affect me directly.
Leftards dwell on this point to the absolute exclusion of point #1 (anticipation of Trumps policies buoying the markets).
In their tiny little rat brains they couldn't envision what was wrong, so they couldn't see what was right. Thus the dramatic improvement in conditions simply must be a magical delayed reaction to Ødungo's wise and benevolent stewardship.
Stupid leftards!
The supposed “recovery” under Obama that the MDM kept talking about was completely invisible where I live. That was true for large swathes of the country. There simply was no recovery - for years and years.
Trump came in and by the Fall of 2017, the economy really started to take off. For the first time since 2006, we were back to what I’d. All a normal economy. Yes 2006. Yes it had been that bad for that long.
At their core, Obama and Reagan used the same levers to spur the economy: slash interest rates and deficit spending. What hamstrung the economy under Obama was all the oppressive regulations he put on the books, some 96,000 if memory serves. Trump is hacking those to pieces and freeing our economic engine.