Posted on 02/18/2020 10:21:32 AM PST by yesthatjallen
MSNBC's Joe Scarborough on Tuesday credited former President Obama for the current strength of the economy, arguing that "Barack Obamas economy was much stronger than Donald Trumps economy."
The opinion from the former GOP congressman and co-host of "Morning Joe" comes as both Obama and Trump have taken credit for an economy that includes the lowest unemployment rate in 50 years, rising wages and a soaring stock market.
Eleven years later, the unemployment rate is down, the stock market is up and President Trump is raging on Twitter. He's not happy, co-host Mika Brzezinski said, referring to the 11 years that have elapsed since the end of the Great Recession.
Here are the facts," Scarborough added. "We've had 11 years of uninterrupted economic growth. It started with the majority through the Obama administration, and if you just take the three years that Donald Trump has been in office, you take that time period and you compare it to Barack Obamas final three years, by just about every measure, Barack Obamas economy was much stronger than Donald Trumps economy.
SNIP
(Excerpt) Read more at thehill.com ...
Joe Scarborough is nothing but an absolute liar. The economy has done nothing but grow stronger and stronger since Trump became president and Scarborough knows it. Just look at the unemployment numbers and the stock market and that’ll put Scarborough in his place. What a dingbat!
That graph lacks important context.
For instance, Obamas policies gave us the slowest, weakest RECOVERY since the Great Depression. 1/2 the GDP as the average and twice as long (6 years vs 3) to recover previous stock market highs.
Trump, on the other hand, gave us policies that have yielded record low unemployment, GDP that is the envy of the world and about 150 new market highs...in an EXPANSION and in only 3 years.
Poor Dead Intern Joe, he knows he cant deny the GREAT Trump economy anymore. So his ludicrous fall-back position is that the great economy is due to the pathetic Bath House Barry.
Hey Joe, nobody important is buying your B.S. Even the 53 people who watch your LAME show probably arent buying your B.S.
“Leftists Lie as Easily as they Breath”
NO we were actually were in Depresssion with Obama - > 25% of workers NOT WORKING instead of the fake statistic of ‘unemployment’ which only measures the number of people on ‘government unemployment payments’ - When the BAD ECONOMY under Obama went on so long that the truly UNEMPLOYED citizens fell off the limited term of such payments a year or 99 weeks AND WERE NOT BEING COUNTED.
JUST SAY NO TO THESE LIARS - THE POLITICOS AND THEIR MOUTHPIECES
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Very true...as I said I believe Joe got lessons in Arkancide from Hillary...
You are absolutely right. The DJIA is one measure, but probably not the best. Number of people working, GDP growth, and unemployment are equally (maybe more) important stats.
True....my 401K is so good...Trump 2020
Your statement TRULY hits the nail squarely on the head.
What they haven't taken into account.. thanks to the Internet there are FAR LESS stupid people than previously.
The DJIA is a good measure as well...but not without proper context. If you back it up to the previous high prior to the election of either Trump or Obama you see a very different comparison.
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