By Wayne Dupree | February 11, 2020
There’s an argument out there that Pres. Trump’s economy is really an extension of Barack Obama and he’s the one who should be praised for all the goodness we’re seeing on a regular basis.
If that nonsense was true, the media would have latched onto that lie and promoted it over the last couple of years but they’ve been quiet about giving Trump credit about the awesome numbers.
If Obama truly had a strong economy, the Dems in general and Hillary Clinton, in particular, would be in power at this very second, but on January 20, 2017, the American people said no more.
MORE NEWS: VIDEO: Pelosi’s Nephew Claims Trump Is Afraid Of — California [1]
This narrative is not only funny but it’s outrageous and the Obama theory has zero legs. Remember all Obama did was blame George W. Bush for everything, his policies and executive orders clearly cost the economy. The greatest gains in the economy became clear the day after the election where Pres. Trump took a knife to old Presidential orders that did nothing but raise costs.
Everyone knows that any economic successes under a Republican President are due to the policies of his Democratic predecessor, and any economic downturns under a Democratic President are due to the policies of his Republican predecessor. — Anonymous Liberal
We’ve had 12 recessions since the Great Depression. The average recovery time was 13 months, and under Barack Obama, it was seventy.
The day he left office homeownership in this country was at a 50 year low, while 15 million people had been added to the food stamp rolls; 10 million had quit looking for work altogether and last, but not least Obama added more to the national debt than the 43 men that preceded him in total.
Let’s acknowledge a few more facts:
Barack Obama did help steer the economy out of a recession. BUT, it was the lowest growth/recovery out of any recession. This was due to his anti-growth regulations, including Obamacare. The income gap under Obama continued to widen as well. Trump’s policies propelled the economy to grow. The income gap reduced due to low unemployment and the demand for labor. These are the facts whether you like it or not.
When you consider that Obama repeatedly stated that GDP growth well below 3% annual level, millions more Americans on food stamps than during Bush’s presidential terms, unemployment to the point that people stopped looking for jobs and high school and college graduates not being economically better off than their parents were all part of “The New Normal.”
You can’t credit Obama; he said that we would never see the increases we have in economic growth. He was not very bright because what Obama said was impossible is happening.
MORE NEWS: Brad Pitt Faces Major Backlash for His Smug Political Speech at the Oscars [2]
Trump is the only correct answer, whether you like it or not.
Need more facts?
When Trump took over, he did EVERYTHING the opposite as Obama from tax cuts to foreign trade to dropping hundreds of Obama regulations, that’s a fact nobody can deny.
Trump tightened the border and increased jobs for Americans, and neither of these rings from the lips of today’s media or Democratic leaders. Why don’t they mention that the faulty Paris Accord and NAFTA were done away with? Why don’t they say that rocket man is no longer testing nukes that gave our markets the jittery? Why don’t they mention the surprising positive job numbers or eight million less on welfare? The lowest unemployment numbers or how companies are coming back to America?
It’s laughable you even ask the question. For every new regulation on business Trump required two previous regulations removed. They are moving seven for every new regulation fueling the explosive growth in businesses hiring.
MORE NEWS: Report: New York Times Tries to Get Alice Marie Johnson to Criticize Trump, But Her Response Will Make Your Heart Soar [3]
He also had the biggest tax reform in almost 40 years and renegotiated NAFTA; Phase one deals with China, new deals with Japan, South Korea, and is now working on Europe. You have to be reasonably ignorant to believe Obama had anything to do with any of it.
If you want me to give Obama any credit at all, he was fortunate to have a Republican majority during the last half of his presidency. That is precisely when the market began to recover.
Obama was content overseeing the meteoric decline of American livelihood, the moment Trump was elected the stock market spiked up and the wheels started rolling again.
People were more divided at the end of the Obama administration than I’ve ever seen, which is something we have to work on from here on out.
Trump absolutely changed the narrative of the US economy. The former president rode the socialist party line. Trump will always be a hand full but he wins and that will give us citizens growth.
What People Are Reading:
- Report: Michelle Obama Reveals She and Barack Went Through Marriage Counseling [4]
- Report: Suspect Arrested For Plowing Van Into Trump Voter Registration Tent in Florida [5]
- Report: Mayor Pete’s Father Was a Marxist Professor at Notre Dame University Who Pushed Communism [6]
- Pelosi Loses Big Time When Twitter and Facebook Deny Her Request to Remove ‘Embarrassing Video’ [7]
This piece originally appeared on WayneDupree.com [8] and is used by permission.
Read more at WayneDupree.com:
[VIDEO] Oprah Breaks Down in Tears Over Snoop Dogg’s Death Threats to Her BFF Gayle King [9]
[VIDEO] Joe Biden and Tom Steyer Argue Over How Many “Blacks” They Have “I Have Double The Blacks You Have” [10]
Report: Rush Limbaugh Shares “Good News” Regarding His Cancer Treatment [11]