Liberty News Forum
Political News Forum - Let your opinions be heard on current news and politics. Not for wimps!
Political Opinion Page - Recent Posts - LNF Forums LNF in the Age of Empowerment!
Christian Forum - Religion Forum - Entertainment - Sports Forum
Military - A1 News Page - Computers Tech - Financial News - Bunker - Presidential Tracking Poll
The House - Off the Wall News - Page 2 - Rasmussen Reports Polls - Chat Room
Liberty News ForumLNF Forums HerePolitical Opinion Page - The Hot Seat › Two Economists Say Trump, not Obama, Responsible for Economy
Page Index Toggle Pages: [1] 2  Send TopicPrint
Hot Topic (More than 10 Replies) Two Economists Say Trump, not Obama, Responsible for Economy (Read 156 times)
stu_gatze
LNF Speaker
*****
Offline

Conservatism today, tommorow..&
forever!

Posts: 12,893
Joined: May 20th, 2004
Gender: Male
Two Economists Say Trump, not Obama, Responsible for Economy
Jun 9th, 2018 at 5:08am
Print Post  


Two Economists Say Trump, not Obama, Responsible for Economy



By: Theodore Bunker
08 June 2018

Economists Stephen Moore and Arthur Laffer wrote in The Wall Street Journal on Friday that President Donald Trump deserves credit for the economy’s improvement, not former President Barack Obama.

Moore, a senior fellow at the Heritage Foundation, and Laffer, the chairman of Laffer Associates, write that “Mr. Obama might be justified in taking credit for today’s economy if his successor had adopted and carried on his policies. Instead, Mr. Trump has reversed nearly every Obama rule, edict and law that he can legally overturn. At its core, the Trump economic strategy wasn’t complicated: systematically repeal Mr. Obama’s ‘accomplishments’—the tax increases, the regulatory blitz on business, the welfare expansions, the war on American fossil fuels, and so on. As a result, the economy would pop like a cork pulled from a shaken champagne bottle.”

They go on to note the predictions made by former Obama advisers and prominent Democrats before Trump assumed office, which claimed that Trump winning would lead almost immediately to another recession.

“The smart set argued that getting economic growth to 3% was virtually impossible. Yet 18 months into Mr. Trump’s tenure, the economy is already nearing that mark, with no recession in sight. It turns out that 3 percent growth seemed impossible to the left only because Mr. Obama’s Keynesian policy prescriptions failed to do the trick,” they wrote.

It’s a little rich that liberals who warned the economy would melt down under Mr. Trump are now insisting that growth was in the cards all along.


MORE>https://www.newsmax.com/politics/stephen-moore-arthur-laffer-us-economy/2018/06/...




  
Back to top
 
IP Logged
 
Luther
LNF House Leader
****
Offline

I Love Liberty News Forum!

Posts: 8,641
Joined: Dec 20th, 2016
Gender: Male
Re: Two Economists Say Trump, not Obama, Responsible for Economy
Reply #1 - Jun 9th, 2018 at 6:47am
Print Post  
stu_gatze wrote on Jun 9th, 2018 at 5:08am:
Two Economists Say Trump, not Obama, Responsible for Economy

https://www.newsmax.com/Newsmax/files/35/352fc5e6-2b2e-4339-a73f-630e1b75a09f.jp...

By: Theodore Bunker
08 June 2018

Economists Stephen Moore and Arthur Laffer wrote in The Wall Street Journal on Friday that President Donald Trump deserves credit for the economy’s improvement, not former President Barack Obama.

Moore, a senior fellow at the Heritage Foundation, and Laffer, the chairman of Laffer Associates, write that “Mr. Obama might be justified in taking credit for today’s economy if his successor had adopted and carried on his policies. Instead, Mr. Trump has reversed nearly every Obama rule, edict and law that he can legally overturn. At its core, the Trump economic strategy wasn’t complicated: systematically repeal Mr. Obama’s ‘accomplishments’—the tax increases, the regulatory blitz on business, the welfare expansions, the war on American fossil fuels, and so on. As a result, the economy would pop like a cork pulled from a shaken champagne bottle.”

They go on to note the predictions made by former Obama advisers and prominent Democrats before Trump assumed office, which claimed that Trump winning would lead almost immediately to another recession.

“The smart set argued that getting economic growth to 3% was virtually impossible. Yet 18 months into Mr. Trump’s tenure, the economy is already nearing that mark, with no recession in sight. It turns out that 3 percent growth seemed impossible to the left only because Mr. Obama’s Keynesian policy prescriptions failed to do the trick,” they wrote.

It’s a little rich that liberals who warned the economy would melt down under Mr. Trump are now insisting that growth was in the cards all along.


MORE>https://www.newsmax.com/politics/stephen-moore-arthur-laffer-us-economy/2018/06/...







Just two economist Stu? Grin



First you have to fully recoverfrom a 'Great Recession' to start having a great economy no(I'm no expert)? Huh


Did not jobs numbers steadily improve during the Obama years?

Disclosure for Stu: Doesn't mean I support Obama Roll Eyes
  

All throughout our American history, world history, "ordinary people can do extraordinary things"


un·known quan·ti·ty
noun
a person or thing whose nature, value, or significance cannot be determined or is not yet known.
Back to top
 
IP Logged
 
Luther
LNF House Leader
****
Offline

I Love Liberty News Forum!

Posts: 8,641
Joined: Dec 20th, 2016
Gender: Male
Re: Two Economists Say Trump, not Obama, Responsible for Economy
Reply #2 - Jun 9th, 2018 at 7:01am
Print Post  
Lets just take a look and go down memorey lane for Stu


This was the news in around Dec of 2010 Wink


Quote:

The nation’s employers not only have stopped eliminating large numbers of jobs, but appear to be on the verge of rebuilding the American work force, devastated by the recession.

The unexpected improvement comes as a relief to the Obama administration, which plans to unveil new proposals next week to ease the plight of the jobless following its labor forum in Washington on Thursday.

In the best report since the recession began two years ago, only 11,000 jobs disappeared last month, the government said on Friday, and the unemployment rate actually dipped, to 10 percent, from 10.2 percent the previous month.


https://www.nytimes.com/2009/12/05/business/economy/05jobs.html


Now, this is Dec of 2016 BEFORE the TRUMPSTER was even inaugurated

Quote:
In December, his final full month in office, the U.S. economy added a slightly disappointing 156,000 jobs. It marked the 75th consecutive month of job gains, the best on record. For all of 2016, the U.S. added over 2 million new jobs.

http://money.cnn.com/2017/01/06/news/economy/december-jobs-report-2016/index.htm...



Job numbers in Obama's finale month?

Quote:
The first jobs report of 2017 crushed it.

The US economy added 227,000 jobs in January, according to the Bureau of Labor Statistics, above economists' expectations of 180,000. This extends the record streak of job creation in the US.



http://www.businessinsider.com/us-jobs-report-january-2017-2017-2



Stew on that Stu Grin


« Last Edit: Jun 9th, 2018 at 7:18am by Luther »  

All throughout our American history, world history, "ordinary people can do extraordinary things"


un·known quan·ti·ty
noun
a person or thing whose nature, value, or significance cannot be determined or is not yet known.
Back to top
 
IP Logged
 
stu_gatze
LNF Speaker
*****
Offline

Conservatism today, tommorow..&
forever!

Posts: 12,893
Joined: May 20th, 2004
Gender: Male
Re: Two Economists Say Trump, not Obama, Responsible for Economy
Reply #3 - Jun 9th, 2018 at 8:46am
Print Post  
Luther wrote on Jun 9th, 2018 at 7:01am:
Lets just take a look and go down memorey lane for Stu


This was the news in around Dec of 2010 Wink



https://www.nytimes.com/2009/12/05/business/economy/05jobs.html


Now, this is Dec of 2016 BEFORE the TRUMPSTER was even inaugurated

http://money.cnn.com/2017/01/06/news/economy/december-jobs-report-2016/index.htm...



Job numbers in Obama's finale month?



http://www.businessinsider.com/us-jobs-report-january-2017-2017-2



Stew on that Stu Grin




------------------------------------------------------------------------

Nobody ever said there were ONLY two economists that believe Trump improved the economy, I'm sure there are far far more, so, .. you are being a bit dirty just like the corrupt liberal news networks.   Grin

You CANNOT take away the credit that Trump has earned for the much improved economy, .. and you MUST remember oh callous one, who despises Trump, -- Trump REVERSED almost everything that Obama DID with regard to the economy, which IS exactly WHY it has improved so dramatically.

Why don't you STOP your anti-Trump threads, as people KNOW you are a fake and a pro-Hillary fan AND a leftist!   Wink
  
Back to top
 
IP Logged
 
Rabbit_Reborn
LNF Speaker
LNF Bunker
*****
Offline

2015 Poster of the Year.
Election stolen 2016.

Posts: 22,813
Location: Midwest
Joined: Oct 17th, 2005
Re: Two Economists Say Trump, not Obama, Responsible for Economy
Reply #4 - Jun 9th, 2018 at 8:48am
Print Post  
stu_gatze wrote on Jun 9th, 2018 at 5:08am:
Two Economists Say Trump, not Obama, Responsible for Economy

The Statist belief in the Magical President is only gaining momentum, despite all rational argument which contradicts such an asburd belief. This headline makes me a little bit nauseous.
  

Wadsworth wrote on Jun 11th, 2018 at 3:40pm:
You are awfully concerned about who gets to live.  Why is it so important to you?
Back to top
 
IP Logged
 
Greg55_99
LNF Bunker
**
Online

I love YaBB 1G - SP1!

Posts: 28,992
Joined: Jun 9th, 2006
Re: Two Economists Say Trump, not Obama, Responsible for Economy
Reply #5 - Jun 9th, 2018 at 9:11am
Print Post  
Rabbit_Reborn wrote on Jun 9th, 2018 at 8:48am:
The Statist belief in the Magical President is only gaining momentum, despite all rational argument which contradicts such an asburd belief. This headline makes me a little bit nauseous.


Well, he did say TWO economists....  The magic number seems to be TWO.

Greg
  

"You want the TRUTH? You can't handle THE TRUTH!!"
Back to top
 
IP Logged
 
stu_gatze
LNF Speaker
*****
Offline

Conservatism today, tommorow..&
forever!

Posts: 12,893
Joined: May 20th, 2004
Gender: Male
Re: Two Economists Say Trump, not Obama, Responsible for Economy
Reply #6 - Jun 9th, 2018 at 9:24am
Print Post  
Greg55_99 wrote on Jun 9th, 2018 at 9:11am:
Well, he did say TWO economists....  The magic number seems to be TWO.

Greg


-------------------------------------------------------------------------

Greggy, stop it!  Grin Trump REVERSED nearly everything Obama did with regard to helping the economy, and that is why the economy is roaring under Trump.   Smiley

Obama .. is/was a Marxist leftist ideologue and despised the American Capitalist system, whereas, .. Trump is/was a TRUE Capitalist that KNOWS the economy. In truth, .. Obama and his band of little leftist ideologues do NOT know shit about the economy, except perhaps, in trying to help DESTROY Capitalism, .. which would NOT surprise me and millions of others as well.

Obama .. truly an IGNORANT man, .. but, politically clever to a point and well versed in stirring up racial hatred, and hatred for police, but, Obama NEEDED white liberals everywhere, including in academia, to help promote himself, and he got them, and became one of the GREATEST HOAXES ever perpetrated on the American people! Grin  Grin
  
Back to top
 
IP Logged
 
Greg55_99
LNF Bunker
**
Online

I love YaBB 1G - SP1!

Posts: 28,992
Joined: Jun 9th, 2006
Re: Two Economists Say Trump, not Obama, Responsible for Economy
Reply #7 - Jun 9th, 2018 at 9:55am
Print Post  
stu_gatze wrote on Jun 9th, 2018 at 9:24am:
-------------------------------------------------------------------------

Greggy, stop it!  Grin Trump REVERSED nearly everything Obama did with regard to helping the economy, and that is why the economy is roaring under Trump.   Smiley

Obama .. is/was a Marxist leftist ideologue and despised the American Capitalist system, whereas, .. Trump is/was a TRUE Capitalist that KNOWS the economy. In truth, .. Obama and his band of little leftist ideologues do NOT know shit about the economy, except perhaps, in trying to help DESTROY Capitalism, .. which would NOT surprise me and millions of others as well.

Obama .. truly an IGNORANT man, .. but, politically clever to a point and well versed in stirring up racial hatred, and hatred for police, but, Obama NEEDED white liberals everywhere, including in academia, to help promote himself, and he got them, and became one of the GREATEST HOAXES ever perpetrated on the American people! Grin  Grin


Two Stuey?  Just two?

Greg
  

"You want the TRUTH? You can't handle THE TRUTH!!"
Back to top
 
IP Logged
 
TowardLiberty
LNF Speaker
LNF Bunker
*****
Online

anti-state, anti-war and
pro-market

Posts: 33,566
Location: Houston
Joined: Apr 6th, 2008
Gender: Male
Re: Two Economists Say Trump, not Obama, Responsible for Economy
Reply #8 - Jun 9th, 2018 at 12:12pm
Print Post  
Wow. It just goes to show how even highly educated people can fall victim to fantastic thinking when it comes to politics.

And the best part is someone thought this would good to post here, at LNF, where we all made fun of the left for years for saying the same thing.

We can give the "two economists" a pass, I suppose, for not having participated in those discussions. But LNF veterans who joined in with our economist Rabbit in lampooning Magic President Syndrome should be held to a higher standard.
  

2017 ECONOMIST OF THE YEAR, SHOOTERMAN POSTER OF THE YEAR & LNF ALL-STAR TEAM MEMBER
Back to top
 
IP Logged
 
Luther
LNF House Leader
****
Offline

I Love Liberty News Forum!

Posts: 8,641
Joined: Dec 20th, 2016
Gender: Male
Re: Two Economists Say Trump, not Obama, Responsible for Economy
Reply #9 - Jun 9th, 2018 at 1:21pm
Print Post  
stu_gatze wrote on Jun 9th, 2018 at 8:46am:
------------------------------------------------------------------------

Nobody ever said there were ONLY two economists that believe Trump improved the economy, I'm sure there are far far more, so, .. you are being a bit dirty just like the corrupt liberal news networks.   Grin

You CANNOT take away the credit that Trump has earned for the much improved economy, .. and you MUST remember oh callous one, who despises Trump, -- Trump REVERSED almost everything that Obama DID with regard to the economy, which IS exactly WHY it has improved so dramatically.

Why don't you STOP your anti-Trump threads, as people KNOW you are a fake and a pro-Hillary fan AND a leftist!   Wink



Quote:
Nobody ever said there were ONLY two economists that believe Trump improved the economy,


True, Just missing with you
Quote:
You CANNOT take away the credit that Trump has earned for the much improved economy,


True, but the economy/jobs have been improving every month for years now

It don't matter who is president, they would have inherited a better economy than lets say Obama Wink
  

All throughout our American history, world history, "ordinary people can do extraordinary things"


un·known quan·ti·ty
noun
a person or thing whose nature, value, or significance cannot be determined or is not yet known.
Back to top
 
IP Logged
 
Page Index Toggle Pages: [1] 2 
Send TopicPrint
 
Liberty News ForumLNF Forums HerePolitical Opinion Page - The Hot Seat › Two Economists Say Trump, not Obama, Responsible for Economy

LNF Home - Political Opinion Page
LNF Forums

Christian Forum - Religion Forum - Sports Forum - Entertainment - House
Military, History - Cooking and Crafts - Creative Writing
Off the Wall News - Science Forum - Tech Gadgets - Financial News - Humor
Bunker - Page 2 - Page 3 - Page 4 - Chat Room





Drudge Report - News Max - Rush Limbaugh - FrontpageMag
Advertise on the LNF - Twitter LNF - LNF Archive - LNF News
LNF Blog
News and Political Links
Political Blogs
Add your website or blog
Political Columnists
Political Humor
A1 News Page
David Limbaugh
Political Frog
Conservatives Directory
President Trump Approval Poll
Presidential Party Election Poll News forum posting, privacy policy and member rules