Udon Map wrote: ↑
December 10, 2018, 2:40 pm
It seems that the upward trend in the stock market, for which Trump takes full credit, started at almost exactly the same time that Obama took office.
Just more proof that the stock markets alone are not a true/complete indicator of the health of the economy.
Here is Obama's Economy after 8 years -- even with rises in the stock market during his tenure.
Sources: Census Bureau, Bureau of Labor Statistics, Treasury Department and Congressional Budget Office
And never forget that Bayrack was the only president never to reach 2% annual GDP growth.
Since Trump became president, unemployment among minorities is at the lowest levels ever in US history. More Americans employed than ever in US history. There are more jobs available than there are people looking for work -- first time in US history. Fewer people on food stamps and welfare.
That's the HUGE difference between the two, and it was brought about by the corporate tax cut and huge reduction in regulations. In his campaign and after the election, Trump stated that for every new regulation put in place, the government would have to eliminate 2 regulations. To date, there have been 22 regulations cut for every single new regulation. Source: Congressional Budget Office
And Trump fixed the economy for the working man and working woman on Main Street in less than two years. Makes one wonder what Obama was doing with all that time in 8 years between golf games, Hollywood parties and picking Final Four brackets.
Furthermore, I don't ever recall Trump trying to take credit for anything that happened on Obama's watch -- only things that happened since the 2016 election.
By the time Trump completes the task at hand for America, Obama's legacy will BE TRUMP. All that will be left of Obama is his portrait hanging in the "America's Presidents" exhibit at the National Portrait Gallery.