Quote:
Originally Posted by thommy
President Obama is the only Democratic President during whose time in office the debt has risen relative to GDP. The data extends to the end of FY2014 (September 2014). President Obama's bar will almost certainly drop by the end of his presidency, as GDP growth is relatively high and the deficit is relatively low. 2/5ths of the increase during President Obama's presidency occurred during the first year while the country was still in the midst of the Great Recession.
give such a situation in donald dumbīs hand and he would fuck the country within 2 months.
donīt talk about economy with an economist - first learn to tie your shoes alone.
i still donīt know WHAT EXACTLY THEY HAVE WASHED when they brainswashed you.
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The problem you have is looking at the facts and cherry picking them to back up your flawed view of the world.
Presidents for decades have overspent, the only thing that looked good was the debt to GDP levels. Now more and more industries are outside the US and selling into the US it has hit a problem. Higher unemployment stagnant or falling GDP except in the banking industry, which only benefits the already rich.
It's economist like you who got us into this mess.