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Political Threads This section is for Political Threads - Enter at your own risk. If you say you don't want to see what someone posts - don't read it :hihi:

 
 
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Old 12-30-2019, 02:59 PM   #1
Jim in CT
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Join Date: Jul 2008
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Pete, Obama and Trump each added trillions to the debt in at attempt to spur growth. (trump increased the take home pay of tens if
millions of Americans as he did so, Obama did not) Is there any evidence that suggests that growth was short lived? We’re still growing...
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Old 12-30-2019, 04:07 PM   #2
Pete F.
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Quote:
Originally Posted by Jim in CT View Post
Pete, Obama and Trump each added trillions to the debt in at attempt to spur growth. (trump increased the take home pay of tens if
millions of Americans as he did so, Obama did not) Is there any evidence that suggests that growth was short lived? We’re still growing...
Posted from my iPhone/Mobile device
Ahh, but Obama did increase wages and don't forget he started way in the hole.
Floridaman is in power at the end of the business cycle and historically wages have always risen then, though it still is minimal compared to the usual business cycle and is far from the best ever as Floridaman claims.
Floridaman was lucky enough to get on Obama's coattails, best coattails ever.

https://www.frbatlanta.org/chcs/wage-growth-tracker

Without fighting trade wars, kicking allies and kissing dictators we could have had wage and GDP growth over 5% like the usual business cycle.
But instead we have the Floridaman MEH and he has you convinced it's great because he says so.
The odds are pretty good it has already turned down.
You'll find out in 6 months.
What's Floridaman going to do then, print money?
See what that does for your savings.

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