At the same time Obama was claiming jobs were being created, record numbers on food stamps existed. That either means the unemployment rate wasn't really going down or the jobs for which the claim was made weren't shitty jobs only used to show a number and for which Obama to take credit.
By creating shitty jobs, Obama could claim he lowered unemployment then blame the owners for paying "poverty" wages.
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18 U.S. Code § 2071 - Concealment, removal, or mutilation generally
44 U.S.C. 2202 - The United States shall reserve and retain complete ownership, possession, and control of Presidential records; and such records shall be administered in accordance with the provisions of this chapter.
LOCK HIM UP!
cancel2 2022 (02-23-2019)
Yeah, a president tells banks what to do? Try that some time. The fact is that bankers were selling mortgage-backed securities. They were making billions and wanted to continue. So they pressured the approval companies to drop mortgage standards over and over. They chopped up the mortgages and sold them off immediately. So the banks had no vulnerability. They also leaned on the ratings agencies to rubber stamp mortage approvals. That is what led up to the crash. Then of course SWAPs came along, If you had listened to the congressional hearing after the crash, you would have seen the confessions. Of course you would have been offended because none of them were punished.
The economy has been on the same trajectory for Trump as Obama left him. The economy is big enough that Trump's lack of understanding of economics has not crippled it yet, but he is trying. His tariffs have sent the stockmarket up and down ,sometimes violently. He has hurt lots of businesses and farmers. It is adding up. He is jacking up the debt with no gain except pouring more money into the pockets of the wealthy.
cancel2 2022 (02-23-2019), Truth Detector (02-25-2019)
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