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Thu Oct 8, 2020, 11:13 AM

I'm sick of hearing that Obama's economy recovered too slow

The economy recovered under Obama, period. It was a mess when he came into office, and Obama oversaw its recovery. That is a fact. It is a fact his detractors can't dispute, so instead they complain that the recovery didn't happen fast enough for their liking. Well, too bad children. Sorry to all the Obama haters that didn't get their lollipop sooner.

Sometimes things are so messed up it takes awhile to fix them. Plus, steady strong growth is always better than the kind of fast reckless growth that causes economic bubbles and deficits. We've heard your childish complaint, and now it's time to STFU. Trump supporters just need to be glad Obama passed on a growing economy for Trump to pretend to take credit for.

Just needed to rant about something I've heard echoed a little too much lately.

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Response to Ohioboy (Original post)

Thu Oct 8, 2020, 11:15 AM

1. America was done, over, completely, due to W and GOP, Obama and Joe and Dems

literally pulled us out of the shitter.

Ask the cons who were around when it happened, off the record, they will tell you.

The DUMBEST person over the age of 9, trump, has taken credit for something he doesnt understand anymore than you or I understand how to build a nuclear bomb.

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Response to Eliot Rosewater (Reply #1)

Thu Oct 8, 2020, 11:18 AM

2. I like your user name

I'm a Vonnegut fan.

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Response to Eliot Rosewater (Reply #3)

Thu Oct 8, 2020, 11:21 AM

4. Thanks

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Response to Ohioboy (Original post)

Thu Oct 8, 2020, 11:21 AM

5. We are lucky it recovered at all

The country and world were on the brink of a Great Depression.

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Response to Ohioboy (Original post)

Thu Oct 8, 2020, 11:22 AM

6. Because the press in this country is useless. They always allow the

'Pukes to frame reality. They are the arsonist, who complains that you're not rebuilding the house they burned to the ground, fast enough. Every 4-8 yrs. we play this stupid game.

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Response to Guy Whitey Corngood (Reply #6)

Thu Oct 8, 2020, 11:27 AM

12. I truly believe Trump has a house of cards designed to crumble,

and I'm not just talking about the hit the economy is taking from Covid. You have to wonder about anyone that has to tell you how great they are doing all the time. Just how "great" is his "greatest economy of all time"?

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Response to Ohioboy (Reply #12)

Thu Oct 8, 2020, 11:29 AM

14. Ooooh, they are totally keeping shit quiet. And if/when Biden wins. These assholes

will be all like; "Look what you did to the economy....", and the cycle gets repeated.

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Response to Ohioboy (Original post)

Thu Oct 8, 2020, 11:23 AM

7. Send complaints to the blockading Republicans

They obstructed recovery efforts at every turn for the express purpose of making Obama a one-term president

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Response to Ohioboy (Original post)

Thu Oct 8, 2020, 11:23 AM

8. That drives me nuts too

They act like the Great Recession was just a garden variety, 10-year business downturn, instead of what it really was: the worst economic downturn since the Depression. Also, they fail to acknowledge that Republicans obstructed and tried to block everything that Obama did. They added amendments to the stimulus bill that included more tax cuts, instead of the massive spending that we needed. The recovery was slower due to what THEY did, not what Obama tried to do. When the Republicans took back the House in 2010, that was pretty much the end of any real recovery efforts.

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Response to Ohioboy (Original post)

Thu Oct 8, 2020, 11:23 AM

9. It did recover too slowly.

Because Mitch McConnell prioritized weakening Obama over doing his job. Obama had to fight like hell just to get a modest stimulus through the Senate, which was enough to save the economy, but not enough to stave off criticism that the recovery wasn't strong enough. Once the kids House flipped in 2010 there was no chance of getting anything else through Congress to speed up growth.

Keep in mind that the second Trump was inaugurated McConnell magically dropped his opposition to new spending and provided Trump with the additional stimulus he denied to Obama for eight years.

This is why defeating McConnell is so damn important.

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Response to Bleacher Creature (Reply #9)

Thu Oct 8, 2020, 11:25 AM

11. Different rules for a black president.

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Response to Ohioboy (Original post)

Thu Oct 8, 2020, 11:24 AM

10. Simple. It was slower to recover because it was the worst recession since the Great Depression.

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Response to Ohioboy (Original post)

Thu Oct 8, 2020, 11:27 AM

13. Last 3 years of Obama admin. economic growth greater or equal to first 3 of Trump.

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Response to Ohioboy (Original post)

Thu Oct 8, 2020, 12:45 PM

15. Financial recessions are always slow to recover, here's why

If a recession comes from slow home sales, when things are back to normal employers can call workers to come back to work Monday. When the recession is caused by financial firms going broke, wiping out trillions of dollars of capital reserves, no one can call the trillions of dollars to magically reappear on Monday. It takes time for lenders to create profits which increase their capital reserves. They can only loan money based on how much capital they hold, capital that is created by making profits, which takes years.

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Response to Cicada (Reply #15)

Thu Oct 8, 2020, 12:52 PM

16. They know it. They just want to blame Obama even though he did a good job.

They're still complaining. I wish the media would correct this every time some some rightie claims Obama had a slow recovery.

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Response to Ohioboy (Original post)

Thu Oct 8, 2020, 01:48 PM

17. Democratic Party LISTEN...

The Democratic Party needs to beat back the blame game by telling the truth about what and how tax cuts for the wealthy, at the expense of average people, always do to the economy.

It creates another Republican Pump & Crash Economy based purely on the stock market being inflated that eventually crashes from the recklessness, with average working Americans stuck with the bill with their economic losses and leveraged Trust Fund benefits damaged. After each Republican Pump & Crash Economy, the only way to recover and put the country back on solid footing is with stable steady growth. Eventually the working class will see bigger gains and benefits, unless another Republican Pump & Crash Economy strips away that chance again for another Republican repeat.

President Obama's rebuilding of the economy was destroyed by another Republican Pump & Crash Economy, stripping away the chance to greatly improve the working class, because tRUMP & Republicans squandered that with their Republican Pump & Crash Economy that has greatly benefited the wealthy elite.

And when Republicans scream about Social Security and Medicare being in trouble, ask them how many past decades of their wealthy elite tax cut debt has been leveraged against the Trust Funds that has NEVER been paid back.

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