If we're being honest, Obama grew the stock market well. Trump has had the stock market growing faster, but I give Obama credit for that.
The economy? Obama averaged 1.5% GDP growth and never got past 3%. Both all time lows. And when Trump said he would hit 4%, Obama said it was impossible. Not exactly the mindset you want your president to have. Obama saw workforce participation drop to the lowest rates since the great depression and it never went back up. Obama saw black homeownership drops nearly 9% and never go back up. Obama saw black welfare recipients sky rocket. When Obama was confronted with Trumps comments about bringing back manufacturing jobs, Obama asked what magic wand Trump would wave to make that happen, because he said it wasn't possible. And yet, Trump brought manufacturing jobs back. Obama's economic recovery was the worst of all time. Ronald Reagan received a nearly identical economy from Jimmy Carter and it never fell into a recession. Reagan surpassed 4% GDP growth multiple times.
So no. I won't give Obama credit for the economy. I will give him credit for the worst economic growth of all time.
And I'll give him credit for the stock market. Because that did perform well under him for the most part.
Obama grew nothing. The stock market continued to rise under Obama's administration for one reason. The Fed kept pumping billions of dollars monthly into the gambling casino known as the US STOCK MARKET.....simply giving more to the big money gamblers to (wink wink) invest. Trouble is all the big investment firms and banks.....just sit on that capital, thus the stagnate 2.8-2.9 GDP growth.
The FED helped Obama get re-elected by pumping 40 billion a month into the open market place.....it was funny money used to create another fake BUBBLE economy, that will one day blow this nation wide open. www.forbes.com/sites/investor/2013/...helping-to-rig-the-stock-market/#2b52cf274da7
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Do you actually assume that anyone with any relationship to reason and logic will take these wild accusations going from one pole to the other....SERIOUSLY? Whose really the bi-polar party?