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brush

(61,033 posts)
37. We must remember that Bush borrowed money for the Iraq war from China but kept that debt off the...
Wed Aug 14, 2019, 09:42 PM
Aug 2019

books. The Obama admin. shouldered that burden and put it ON THE BOOKS and along with W's other debts, proceeded to dig the country out of the steep hole Bush's policies dug us into.

Btw, W inherited a large budget surplus from Clinton which he squandered with a tax cut that hardly amounted to anything to the average American. So O not only dug us out of the hole where we were losing 700k jobs a month to one creating 250-300k a month. He turned over an expanding economy to trump who takes credit for what Obama built from a DOW of 7550 to nearly 20,000 when he left office.

After the continued Obama expansion for trump's first year (which he takes credit for), the trump economy has stayed in a trading range from 23500 to 26700— it just goes up and down in that range which it never breaks out of. It's hard to make money off the ups and downs if you're just an average 401k person as your value will just go up and down with the market.

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Shootings, recession . . . enid602 Aug 2019 #1
This may be the price we literally pay to get rid of tRump. BigmanPigman Aug 2019 #2
This message was self-deleted by its author AncientGeezer Aug 2019 #3
Not even close?... lame54 Aug 2019 #6
Post removed Post removed Aug 2019 #10
Please. Ford and GM and even Chrysler still being around is because Obama refused to let them... brush Aug 2019 #18
And every southern GOP Senator with foreign car makers in their states wanted the Big 3 to die... IthinkThereforeIAM Aug 2019 #33
There is zero question that Obama helped, particularly with the stimulus. TwilightZone Aug 2019 #11
Wow! Read really? Okey dokey Lochloosa Aug 2019 #15
Try that inaccurate line with auto workers at GM, Ford and Chrysler. The repugs wanted to let them.. brush Aug 2019 #21
You are very wrong about that edhopper Aug 2019 #22
Oh really? Woodycall Aug 2019 #24
We must remember that Bush borrowed money for the Iraq war from China but kept that debt off the... brush Aug 2019 #37
Abso-fucking-lutely Woodycall Aug 2019 #40
I remember it well captain queeg Aug 2019 #51
When you say "Bush borrowed money for the Iraq war from China"..... A HERETIC I AM Aug 2019 #41
Supplemental and emergency appropriations...borrowed money not raised domestically brush Aug 2019 #42
OK...wait a sec...I know it's late.... A HERETIC I AM Aug 2019 #43
China holds a good percentage of US debt. That's pretty commonly known...thru bonds, or however. brush Aug 2019 #46
This is false on its face uponit7771 Aug 2019 #47
Anyone wishing for a recession is a damned fool. Sneederbunk Aug 2019 #4
Economic cycles happen. Just look at 200 years of various economic charts. empedocles Aug 2019 #5
Anybody wanna buy some extra tulips I got for sale? Cheap. 3Hotdogs Aug 2019 #8
1 special tuplip traded at the right time, got a whole, working farm and a empedocles Aug 2019 #9
LMAO!!!! Xolodno Aug 2019 #32
The massively exposed, [by the Information Age], widely despised trump; empedocles Aug 2019 #7
It is more scary this time around Jarqui Aug 2019 #12
Yep ck4829 Aug 2019 #50
The last recession was powered by Turbineguy Aug 2019 #13
Agreed ProudLib72 Aug 2019 #31
If there is a recession before the election he will be gone BannonsLiver Aug 2019 #14
Yep... looking at the 20 or so Democratic candidates we have at this time... IthinkThereforeIAM Aug 2019 #34
Give President Obama credit for the stimulus. Give Nancy credit for the bailout. Hotler Aug 2019 #16
Quite an article! srobertss Aug 2019 #25
Your last paragraph echos my sentiments exactly... IthinkThereforeIAM Aug 2019 #35
We need to focus on defeating Trump, increasing the House majority and Blue_true Aug 2019 #17
Because of 15 years of low interest rates bucolic_frolic Aug 2019 #19
Does Jeff Bezos' yacht help? n/t Yavin4 Aug 2019 #28
Will the Trumpsters still brag that it is the Trump economy? keithbvadu2 Aug 2019 #20
LOL ck4829 Aug 2019 #49
I hope every farmer who voted for trump ends up living in the gutter EveHammond13 Aug 2019 #23
I hope every PERSON who voted for Trump ends up in a gutter. Coventina Aug 2019 #44
We survived all those 19th century crises and the Depression - we'll make it through the Trump Slump sandensea Aug 2019 #26
Trump's billionaire tax cuts have robbed the funds for any government stimulus AdamGG Aug 2019 #27
One source of stimulation would be college loan forgiveness jmbar2 Aug 2019 #29
I'll probably get summarily silenced for this but... TheCrankyLiberal Aug 2019 #30
Where Is That Stock And Dollar Crash I've Been Waiting For All These Years? klook Aug 2019 #36
Get ready for negative interest rates and dollar devaluation. roamer65 Aug 2019 #38
Really? In what way not survive? PoindexterOglethorpe Aug 2019 #39
Nah. That recession was a (predictable) housing crash based on shitty banker behavior (primarily). NCLefty Aug 2019 #45
Correct take Loki Liesmith Aug 2019 #53
K&R ck4829 Aug 2019 #48
Unlikely Loki Liesmith Aug 2019 #52
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