Why was Trump not able to sustain the strong economic growth Obama started?
- marsel_duchampLv 71 month agoFavorite Answer
It hasn't changed much. Little better on GDP but not much, especially considering the tax cut to corporations. Obama had better job growth. Unemployment was already near 4% before Trump. Trump is running up debt in what he is calling a booming economy. That makes no sense.
- 1 month ago
I'm going to try to stay unbias, but I might slip. Obama didn't really increase or decrease our economy, and Trump did increase our economy by a little bit in his first few months, but it hasn't skyrocketed or anything. So I guess, all in all, the question proposed is a tad false.
- SocratesLv 71 month ago
Are you being an idiot on purpose?
- JeffreyLv 71 month ago
He has. Are you just stupid or just dishonest? Or both.
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- BlackAdderLv 71 month ago
The only time they used the word 'historic' under President Obama was to describe how bad things were. Labor participation at RECORD lows. Job growth at RECORD lows. Health insurance rates at RECORD highs. Gas prices at RECORD highs for RECORD periods of time.
There was NOTHING that President Obama did that actually benefited the American people or, by extension the world. EVERYTHING President Trump has done, by comparison has benefited America, the American people and the world.
The contrast is amazing.
- mustagmeLv 71 month ago
Obama was an absolute disaster for our economy. The DOW growth was tepid. The term "jobless recovery" was made to describe the Obama economy. Obama said the GDP couldn't rise over 2%.
- ndmagicmanLv 71 month ago
Huge government spending and artificially holding interest rates low.
But as we've seen with Regan and Bush this policy works short term but in the long term it is an economic disaster.
- Alan HLv 71 month ago
He prefers tax cuts for his wealthy cronies
- No BozosLv 71 month ago
One percent growth for 8 years is not strong. "The new normal" suddenly went away when Trump came into office.
- 1 month ago
As granny would say, “you’re as full of **** as a Christmas goose”.