The Pardu

The Pardu
Watchful eyes and ears feed the brain, thus nourishing the brain cells.
Showing posts with label Trump VS Obama Economy. Show all posts
Showing posts with label Trump VS Obama Economy. Show all posts

Monday, May 6, 2019

Trump Vs Obama Economy?





Taking a bit of a hiatus on posting on the page of late...simply busy.  

Yet, I can not resist linking to a Forbes piece regarding what some are calling the "booming" Trump economy. I have long posited my rejection of Trump's economic team and policies as the catalyst of the current US economy. Eight years of economic growth preceded Trump's days in the Oval Office. A question comes to mind.

Could the Trump economic team have taken the Bush post-subprime burst and losses of 750,000 per month and turn it around as did the Obama team? I suspect the answer is rhetorical; not with any infusion of GOP or conservative economic ideology and policies. Hardly!

The Forbes piece is linked here.

Since most won't be inclined to follow the link to Forbes, I have posted two charts from the piece as an enticement to educate oneself and understand how the Trump team are flying high on a whiff of self-serving flatulence.

U.S. employment

U.S. unemployment rate

One wrong economic decisions and the Trump economic flatulence could dissipate.




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Monday, September 10, 2018

Trump VS Obama Economy? (Video)



January 2018...the US economy.


Trump has a penchant for running around the nation banter "his" economy. When he isn't offering false prophecy regarding the US economy, his talking head minions are on all cable news networks doing same. 

This morning MSNBC's Stephanie Ruhle hosted segment which straightforward deals with Trump's false weaponizing the current US economy. Before the 13 minutes video, we acknowledge the US economy is (basically) doing well. Sustainability is an issue, but we certainly credit the tax cuts (for the wealthy) and Trump deregulation for good spirits in corporate America. We have log posted the current economy is a continuation of the Obama recovery; without the recovery, it wouldn't be possible to have unemployment at 3.9 percent.

Recall, the Bush Sub-prime collapse was preceded by Bush deregulation and Bushes two tax cuts.

If you have 5:00 minutes give the following video a viewing. After the first five minutes, Ruhle embarks on almost eight minutes talk among her guests. 


If you are inclined to believe Trump, so be it. But, the wise American will seek to verify or fact-check just about all which emanates from Trump's mouth.

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