Posted on 02/15/2020 7:53:31 AM PST by Kaslin
The "expert" predictions of economic disaster should Donald Trump win the 2016 election did not occur. Under Trump, the Dow Jones Industrial Average and Nasdaq composite have reached historical highs while unemployment for blacks and Hispanics have hit historical lows. In the wake of Trump's undeniable economic success, what is the 2020 Democratic Party argument for why voters should back their candidate over Trump?
The morning after Trump's election, Paul Krugman, economics professor and columnist for The New York Times, wrote: "Now comes the mother of all adverse effects -- and what it brings with it is a regime that will be ignorant of economic policy and hostile to any effort to make it work. Effective fiscal support for the Fed? Not a chance. In fact, you can bet that the Fed will lose its independence, and be bullied by cranks. So we are very probably looking at a global recession, with no end in sight. I suppose we could get lucky somehow. But on economics, as on everything else, a terrible thing has just happened."
During the 2016 campaign, Mark Cuban, billionaire owner of the NBA Dallas Mavericks, predicted that a Trump victory could cause not just a minor stock market decline, but one as high as 20 percent or more: "When you're flip-flopping, when you're not sure what the candidate's going to say from one thing to another, that uncertainty potentially as the president of the United States -- that's the last thing Wall Street wants to hear. I can say with 100 percent certainty that there is a really good chance we could see a huge, huge correction. ... It could be 20 percent. You know, now, with high-frequency trading, accelerating, strong moves in any direction -- it could be worse than that."
(Excerpt) Read more at foxnews.com ...
Brazen scum!
When 0bama announced that 2.4 GDP is the new norm while Trump raised it to over 4.0 0bama blamed Bush for his every failure; Trump never mentioned 0bama.
Obama showed such foresight in unshackling the economy by his massive deregulation campaigns. And his showdowns with China are history making. What incredible vision that man had. /sarc
Trump doesn’t run around blaming his predecessor because he’s been successful.
Democrats can’t argue with it so they simply switch the subject.
That’s not new. They’ve been trying to sell that in forever. Only the dumb leftiy Obama worshippers believe it.
Filthy bastards.
For 8 years Obama blamed Bush for the economic malaise that he presided over. Now they are trying to take credit for the actions taken by President Trump that got things going again. What a bunch of boobs.
The default is it’s racist whatever the topic.
No, what really happened was Bernie Sanders the hard core marxist WISHED it and Obama endorsed Bernies policies.
A marxist cannot ride a capitalists bicycle!
They’re so desperate that before long they’ll be claiming that the democrat party is responsible for freeing the slaves.
A lot of those fools are still around.
“”””””That’s not new. They’ve been trying to sell that in forever. Only the dumb leftiy Obama worshippers believe it.””””””
A few weeks ago I heard Moaning Joe say this is the eleventh year of the obama recovery.
“You didn’t build that!”
The left loves to steal period whether its money or credit.
Never tire of dims words coming back to bite them.
Obama's Magic Wand (1:04 min video)
For 8 years Obama blamed Bush for the economic malaise that he presided over. Now they are trying to take credit for the actions taken by President Trump that got things going again. What a bunch of boobs.
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Exactly....Same reason the squirrel is ‘cute’ and the rat is ‘ugly’...give the rat the bushy tale and romp in public and his PUBLICIST will make it into the ‘hero’.
Hence, favorable press, good write ups etc, like Chris Plante is wont to say...
IT isn’t always what MSM says, it is just as important to pay attention to what they DON’T say..(slight adlib)
It’s really pretty funny. In the next breath, they’ll say how great the economy was under Clinton, and scoff when I credit President Reagan’s policies.
Where is that thread of documented research/verified evidence that, not only are all liberals trash, they’re clinically insane? At some point we’re going to have to force march them into internment camps for the good of the planet.
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