Comments by "whyamimrpink78" (@whyamimrpink78) on "President Trump: 'I Inherited A Mess!'" video.

  1. Obama took over a recession. A depression means slow recovery which we have had. So if anything Obama created a depression.
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  2. The economy isn't stable as we have not recovered from the last recession. We are still behind.
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  3. "Trump is inheriating a fortune again from Obama" Really? We still haven't recovered from the last recession and the country is divided.
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  4. "Obama's policy led to a 5-6 year recovery from a recession" Usually following a recession we have a spike in growth that catches us back up. We have not had that, and the growth we have seen under Obama has been low, one of the lowest ever.
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  5. What you said can also be said about Bernie supporters.
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  6. We still have not recovered from the last recession and after 8 years of Obama we are divided as a nation.
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  7. Durell, jobs are not an indicator of a strong economy. On the recovery http://www.politifact.com/truth-o-meter/statements/2016/oct/31/donald-trump/trumps-claim-about-weak-economic-growth-under-obam/
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  8. First off, Obama, like Trump, did not inherit anything. They fought for the job and they got it. "The reason the spike in jobs didn't increase as fast as the increase occurred in the great depression since because we had WW2 to get us out of it, " I agree. "and a congress and senate that refusing to back up proposals that were needed for boosting the economy." You must have forgotten about the bail outs. The fact is that federal government spending does not boost the economy. That is what caused the depression in the 30s. " and without support of house and senate once republicans took power, where they refused to do anything," They stopped Obama from going crazy on spending in the federal government. He wanted another bailout. If you look at the great depression and you look at the recession of 2007 they took the longest to recover from. They are also the only times that the federal government tried to "fix" the economy with massive spending. In 1921 we saw a major recession and the federal government did nothing and we recovered within a year. Similar to the Panic of 1873 and 1837. Now they took a few years mainly because our economy was not fully developed and was still young, but they did not take a decade. The idea that the federal government needs to do something and boost the economy is wrong. What grows the economy is creation of wealth and that comes through investment. Spending does not boost the economy, producing does. That is why WWII was able to pull us out of a depression was because we were producing as opposed to just spending. "Job growth for 15 million jobs," Jobs are not the indicator for economic growth. NJ created a lot of jobs by creating a law that prevented drivers from pumping their own gas.
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  9. I understand what inherit means. My issue is the use of the word. People are making it seem like he was forced into the situation. He did not have to run for president like Obama didn't have to. He is making an appeal to emotion statement at that point. "Obviously not worth reading the rest of that novella." You can choose to remain myopic if you want. It is not good when you show you have no desire to actually learn something new or hear thoughts from an opposing viewpoint and just rather attack someone because they don't like how they used the word.
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  10. "why is it said that the stimulus should have been bigger" Because people are not too smart at times. That is one reason. There are people that feel that more government is the answer just like there are those that are totally against government. " And why did the market and jobs begin to take off after he spent the money" It didn't. "Also, what caused the depression of the 30's was, we put too much on credit in the 20's and the stock market crashing" Recession happen, that is what the crash happened. How we recovered is key. "The fact that Hoover did nothing made it worse." Actually Hoover did a lot. In 1921 Wilson asked Hoover, who was US Secretary of Commerce at the time, to come up with a solution to fix the economy during the recession. When he came up with a plan a year later the economy was recovering thus the federal government did nothing. Following the crash of 1929 Hoover implemented his plan he created in 1921 and it prolonged the recovery. FDR came in and expanded on Hoover's policies. So Hoover did a lot.
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  11. Read up on Hoover, he did a lot. ". You also might want to look at Obama's jobs record" Again, jobs are not the indicator of a strong economy. Obama never had a year of 3% GDP growth.
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  12. "Again most economists disagree with you and it was shown this multiple times. " Not true. "They needed a far bigger stimulus and they needed to massively increase spending to balance the recession that was occurring. " Nope. What grows the economy is producing, not spending. "Again facts are not on your side, economists are not on your side, literally nothing is on your side" Nothing is farther from the truth.
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  13. Durrell, your NY Times article only had 36 economists answering to the poll. https://www.cato.org/blog/economists-against-stimulus There are 200 that at against it. 200>36. You said most economists. 36 barely scratches the surface of economists.
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  14. Jonathan, a stable economy does not mean a strong one. Ethiopia, since 2003, has not faced a recession and their last recession was at -2.2% and was short. Is that the economic model you want to follow? That is stable.
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  15. A few things. One, you said most economists. 423 is still minute. According to the BLS there are over 21,000 economists. Next, how many of those 387 are included in the 36 meaning that number it isn't 423. Also, I see no list of names in that 387 who admittedly liberal meaning they have a bias already. So in the end you are not supporting you case. Also, you are ignoring the stability argument. There are several countries like Ethiopia who have a stable economy but are still poor. If stability is your goal than fine, we can be stable and poor. Here is the fact. For the entire time of our country's history we have seen multiple recessions. Every single one of them except for two we saw a recovery within 5 years or less. The two that we didn't see the recovery were during the great depression and the recession of 2007. They are also the only times where we have seen the federal government try to "fix" the economy with massive spending. Under Obama the national debt doubled and GDP growth has been low. You can blame republicans all you want but we were in a recession until around 2010 when republicans won the House and put a stop on the massive spending by Obama. But hold onto your 387 liberal (meaning they have a bias) economists. I will stick to facts.
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  16. "Like how are you wrong on everything we discuss" Where am I wrong? On person had to point to liberal economists. He had to point to economists with a bias to prove a point. I am simply looking at facts. "do you even remember the times before Obama? " Things were great. We weren't divided and the economy was not slow to recover.
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  17. Are you sure that is because of Obama or the Republican House putting a stop to his foolishness? " You have have to look at the deficit, which was cut by 2/3rds." Thanks again to a republican congress.
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  18. You are incorrect. In the Panic of 1873 and the Panic of 1837 we did not have massive spending. We did not during the recession of 1921 and also didn't during the recession of the late 70s early 80s after Reagan took over. "Again you are delusional, in all other recessions, the spending increased to attempt to combat the recession. " Not true.
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  19. " And Reganomics has been a disaster since it's conception. " How so? We had a strong economy during his time until 2007, after he was dead.
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  20. Durell, what deregulation? "They just stashed money off shores, evading taxes. " To avoid high taxes. So what tax cuts?
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  21. Jonathan, so you are blaming the recession on Reagan when we had three presidents and numerous congress after him? Why blame Reagan. Why not blame George Washington?
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  22. One, trickle down economics is not an economic term. It is a political talking point said by politicians to appeal to emotions or said by economic illiterates. Next, we had a fast recovery because of Reagan. "Anyways, just because the rich get tax cuts, doesn't mean they won't be even more greedy," Who is the greedy one here? The rich who became rich by actually providing a service to people, or you who wants money for nothing?
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  23. Durell, you are blaming the 08 recession on Reagan who was literally dead when it happened. We had three other presidents from him until 08. Think about that. Also, what is "fair share". Stop with appeal to emotion talking points.
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  24. He did not inherit anything as he fought for the job and won. But, he does have a mess. We still have not recovered from the most recent recession and the country is divided after 8 years of Obama.
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  25. I know, right! I mean this is a best seller.
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