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Politics : The Trump Presidency -- Ignore unavailable to you. Want to Upgrade?


To: GPS Info who wrote (65545)4/8/2018 9:16:41 PM
From: i-node  Read Replies (2) | Respond to of 364541
 
That particular chart is designed to mislead. Please repost without the bottoms chopped off unless you want to mislead viewers. Growth of GDP in years 2010-2017 (giving Obama the entire 2009 years as the benefit of the doubt) he managed to squeak out 2.16% GDP average growth, which is pathetic coming out of a major recession.

In no year did he reach 3% for the year and that economy should have been HOT. Trump will do that, I think, even with no support from either party.

Obama was clueless, and continued with the old worn-out view that spending tax dollars somehow, magically, creates economic growth -- a claim known to have been false for centuries except for the brief post-Keynesian period we're in.

It is what happens when economics is taught by political ideologues rather than people who understand the subject.