If Democrats and liberals are so ignorant of economics then why does the economy perform better under them?

If Democrats and liberals are so ignorant of economics then why does the economy perform better under them?

Other urls found in this thread:

en.wikipedia.org/wiki/United_States_debt-ceiling_crisis_of_2011
youtube.com/watch?v=GkAtUq0OJ68&nohtml5=False
en.wikipedia.org/wiki/Economic_policy_of_Barack_Obama
tampabay.com/news/business/economicdevelopment/study-obama-tax-hikes-on-rich-didnt-hurt-economy-or-rich/2301353
twitter.com/NSFWRedditGif

Because policies take time to show up in the economy.

Keep making excuses butthurt Trump supporter. #notmypresident

Meanwhile my stock portfolio is up over 10k in the first 100 days

But obama policies like the individual mandate, climate change issues, and trade deals weren't even set to go into full effect for years even decades after he left office.

Thanks Obama

How about his stimulus that saved the American economy from a 2nd Great Republican Depression

Which is why the economy soars under Democrats and crashes under Republicans

Jews dont like to share so they steal from everybody more on the right. And push the right and support them

The stimulus that lowered our rating and basically overhauled everyone from the private sector onto the public... Hooray?

He copied Bush and was just listening to the Fed and financing CEOs anyway.

Fantasy. And bush had a trillion dollar deficit. Not a debt. A deficit. Of a trillion

thats called inflation, its what happens when you flood the country with trillions of dollars of stimulus money. do you think any american company is worth more now than it was 20 years ago?

Those are private sector jobs. Are you retarded?

The stimulus had nothing to do with the debt rating. Holy shit u morons just make shit up.

Republicans deliberately trying to crash the US Economy is what lowered the debt rating. EVen the ratings agencies said that.

en.wikipedia.org/wiki/United_States_debt-ceiling_crisis_of_2011

Btw, Obama reduced the budget deficit by 2/3. Name the last Republican to do that. oh wait you can't.

LOL. Trump is Bush 2.0 actually.

Obama raised taxes on the rich. The exact opposite of Bush.

Dont bother. Theyre all rubbing their hands wondering how to make fun of thr NDP some more. Same economic stories up here. The left has also balanced the most budgets in Canada. But only the merged fib cons win federally

Actually Obama had the lowest inflation in decades.

And the USD is stronger than ever.

What happened to the hyperinflation u retards promised me?

Because of The Hangover from the previous administration

the stimulus was too small and mostly composed of low multiplier tax cuts
the economy began to recover after the panic over financial instability dissipated.
the recession was the result of inept financial engineering, which clinton worked with the congress via rubin to prevent from being regulated, because they real smart

Based Chretien and Martin

Oh boy it's another right wing retard BUSH DINDU NUFFIN episode isn't it

George Bush: we want everybody in America to own their own home. That's what we want.
youtube.com/watch?v=GkAtUq0OJ68&nohtml5=False

Like the mess that right wing retard Republicans always leave Democrats

>How about his stimulus that saved the American economy from a 2nd Great Republican Depression

The bank bailouts and the Fed destroying the value of the dollar did more to keep the economy from capsizing further than anything his shitty "stimulus" did. He even admitted the bill turned out way less effective than he imagined.

of course he had low inflation
hello liquidity trap

repubs are dumb and more easily manipulated by the rich.

both parties are shit. but repubs are dumber. get money out of politics and break up monopolies and everyone will do better.

Every time the US government has been majority controlled by Republicans a market crash has quickly followed. Google it.

You can say correlation doesn't equal causation and you'd be right. But that has got to be one huge fucking coincidence.

who cares what bush said
he literally didn't do anything

Fed didn't destroy the dollar Obama saved the American economy and u right wing retards hated him for it

>he literally didn't do anything

u gotta live right wing retards being the biggest fucking DINDU NUFFINS on the planet

No matter how good of an economy Democrats leave you retards, you will crash everything and have we dindu nuffin chimpout. Every time.

George Bush: we want everybody in America to own their own home. That's what we want.
youtube.com/watch?v=GkAtUq0OJ68&nohtml5=False

We elected a nationalist protectionist pro-business republican and everyone breathed a sigh of economic relief

I'm going to bed. I'm not doing another Obama Leaf btfo right wing retards with 100 posts thread.

obama didn't do anything besides the cash for clunkers program and some unemployment insurance extension
tarp "saved the economy"
it was also a half-assed lemon socialism program

You elected a billionaire globalist elite cuck

Lol.

8 years of prosperous Obama economic policies have led to one of the greatest American economies ever that no doubt Trump will destroy.

en.wikipedia.org/wiki/Economic_policy_of_Barack_Obama

republicans, after tanking the fucking economy, blocked all attempts at an effective stimulus (even universally praised ideas like an infrastructure bank). It was half what it should have been. The only reason Obama didn't completely save this country was because republicans fought so hard against him out of fear he would actually make things better. Obama's big flaw was compromising with those faggots.

gnight right wing retards

>misleading time scale
>misleading trend line
> doesn't take into account new IPOs that artificially boost the Dow

Yep, must be a leaf post from a brainlet.

/thread

What does that have to do with the stimulus?

>>misleading time scale

Showing Obama's record isn't fair because Obama has a good record!

Gotta love right wing retards

Most economists agree that protectionism has negative economic effects for a country.

The reason the market has done well is retail money who doesn't know better but feeeelz that America is stronger with big strong trump as president.

Funny that trump will probably be unable to even pass tax reform yet the complete removal of corporate taxation has been priced in the market like 24 times already.

Look at what institutional money is doing during this trump rally, certainly not going on a buying rampage like idiot middle America...

Can't wait for the Great Recession/depression 2.0

yeah that massive growth in economic inequality from 2008 and stagnant real wages is real great policy
on top of that we have a tripling of student debt, increasing healthcare costs as well insurance premiums (the latter due to the aca)
bang up job ol' barry did

You said he copied Bush. He had the opposite policies of Bush. How many Republicans voted for the stimulus?

He had the highest rate of Quantitative Easing, it didn't inflate more because the government was just taking a lot of the equity out of the economy.

>It's another nigger leaf thread

You retards should know to ignore this shitposter by now.

In regards to your comment about the stimulus, not in every single way.

>2008

Stop electing Republicans. I couldn't agree with you more.

> stagnant real wages

Actually, wages go up under Democrats and crash under Republicans.

You're getting btfo badly here. You better stop now and save face. You're just another one of my victims.

>Most economists agree that protectionism has negative economic effects for a country.

US must have been a shithole for the first 150 years of its existence, because that's how long it had protective tariffs.

Here's a more sensible idea: free trade makes sense when your exports have a competitive advantage; protection makes sense when they don't.

>Which is why the economy soars under Democrats and crashes under Republicans
No Obongo leaf it is the opposite in nearly all cases. The economy does well for a period of time because it recovers from an economic downturn at which point the people feel the government is justified to increase revenues and expenditures and elect a Democrat. Towards the tail end of an administration, however, the economy proceeds to slow down and contract for a period of time. This triggers automatic dissatisfaction with the current government and causes the populace to vote in the other party on the premise of restoring the economy, which they then attempt to do. Time wise what happens is the party elected to fix the problem ends up going through the brunt of the downturn, which brings the the average GDP growth metric, which a shit metric because you get all the credit of riding the bubble and cashing out, while the person in charge of fixing the crash gets shafted with a lower average.

raising taxes only slows economic growth
if it wasn't because you need to raise revenue you wouldn't levy taxes at all

you must be a faggot because no amount of empirical data is good enough to prove success and recovery,

QE was over before 2015 and that was the lowest year of inflation

You retards' only argument is that Obama's policies worked, even though for 8 years you falsely predicted disaster.

Lol you have it completely ass backwards. Americans elect Republicans in good economic times, like Bush in 2000 and Trump in 2016. They elect Democrats to clean up Republican disasters like Clinton in 1992 and Obama in 2008.

Only a truly autistic right wing retard thinks Obama was elected in good economic times.

Truman really? are people actually retarded enough to believe the GDP exploded after Truman because of something other than winning WWII and rather him being a democrat? Do people also not realize Eisenhower built the nation's infrastructure it STILL uses to this day? talk about an over simplification

My favorite thing about this is that according to you, the right wing was in charge from 2008 to 2012.

Because they are nothing but rural and suburban retards.

The effects still aren't immediate, it takes a couple of years from removing all that equity to feeling it in the economy.

all things that happened because republicans blocked real reforms.
>stagnant wages
the only stimulus that was allowed to happen was bailing out banks. companies then hoarded money and outsourced jobs. any attempt to reverse that was blocked
>increase healthcare costs
healthcare would have increased far more had obamacare not happened. and obamacare sucks. public option was killed and also fuck all this you want healthcare to go down we need single payer. everyone fucking knows. republicans make it impossible
>student debt
Obama at least gutted the private market. Now loans are given by the government. If someone would just have the balls they could forgive that debt and fucking juice this economy like no one has ever seen before. but it wont happen because republicans are morons who would rather make others suffer than allow us to have a real fucking society

you literally don't know anything about economics
you just dick around with charts you don't understand and wave your hands around
you related to arthur laffer?

No they just perpetually go back and forth because there are only two parties and its dangerous for one to have too much control.

Actually Based Bill Clinton raised taxes on the rich and the economy soared.

You right wing retard billionaire globalist shillcucks have just been programmed to fight against tax increases on the rich at all costs.

>"It is striking to note that the best growth years for the bottom 99 percent since 1990 have taken place in the mid to late 1990s and since 2013, shortly after increases in top tax rates," Saez wrote.

tampabay.com/news/business/economicdevelopment/study-obama-tax-hikes-on-rich-didnt-hurt-economy-or-rich/2301353

>population increases by millions

>jobs increase by only a few hundreds of thousands

...

Because most economic and fiscal policy changes take years to show statistically measurable effects

>Republican government passes reforms and measures that benefit the economy
>Democrats take office and get all the credit

>Democrats pass reforms and measures that hurt the economy
>Republicans take office and get all the blame

I don't think this is difficult to understand. There isn't some magical thing that administrations can do to make the economy more shit or less shit overnight

All taxes are theft.

In the past, during some of the most prosperous times of America the highest tax rate on the rich was like 90%.

And republicucks all yearn for "the good ole days" lmfao

Lol this is what u retards resort to when u get btfo and have no arguments. As usual. Typical. Lol Art Laffer the guy who Republicans have based their tax policies on for the last 40 years? (You)

> People under 16 don't work

Jobs went up by 16 million. Why do right wing retards think babies need jobs?

Funny how the economy always does better under Democrats. Funny how Republicans always end up crashing the economy with their retarded policies.

exactly this

Now their core programming is to fight against tax hikes on the rich at all costs. These right wing retards are just cucks nothing more.

Literally unintelligible, and I'm a CFA.

You can't just net values out of unrelated metrics and then color it in paint and say look at why republicans are better

28 that's enough.

Right wing retards have been thoroughly btfo

obama leaf BTFO

Funny how you have a million charts but absolutely no capacity to explain or interpret them

yeah, that no one paid because of tax evasion
all you idiots do is cargo cult nonsense
i tell you what, we'll levy a 20% consumption tax and watch the economy soar

>Fed didn't destroy the dollar
>What is Quantitative Easing
Obongo Leaf please, if you notice until the last 2 years, the value of the dollar has been kept at near constant in order to keep the shaky house of cards that was the economy from collapsing again.

Because babies are all the left produce?

Seriously, you idiots blamed Bush for the first four fucking years of the Obama Administration, and the MOMENT that Trump took over it was suddenly entirely him. The Cult of Unaccountability is alive and well in the left.

These right wing retards just make up fake news bullshit. They can't even form coherent arguments so they splerg retarded images like that.

yeah it seems like the latest fad with them is to spam screenshots of headlines.

by a chart that admits that the economy does better under Democrats but blames it on inflation even though Obama had the lowest inflation in decades?

also see You right wing retards are so desperate to see me btfo because it's never happened before but u should accept that u will continue getting annihilated by me until the end of time.

if liberals are so good for the economy why are they always removed after one candidate? You can see yourself out.

Meanwhile US debt under Obama soared 90%

Your whole approach in this thread is to sperg out with name calling and post images you can't explain.

No such thing as a tax on "the rich".

We don't tax wealth. We tax income. Bill Gates would be happy with a 99% tax on income because he's already rich. Would not impact him at all.

Woah it's almost as if those big jumps had big war time profit

Funny how u have no arguments. I interpret and explain these charts to btfo u right wing retards.

Clinton's economy was booming because of Sr. Bush's tax policies, not because of anything Clinton did. Most of you literal faggots weren't even born when the "read my lips: no new taxes" pledge was made, then promptly violated, by H. W. Bush.

>nearly all cases
Learn to read Obongo Leaf.

Cuckservativsm.

Had republicans had balls they'd cut all the welfare when they're in power, but they don't.

So what you get instead are tax cuts which cause the tax not to cover the expenses and generate huge deficit, and the additional opportunities created aren't exploited because you don't have niggers that are so starved that they finally consider it would be a good idea to find a job because there's nothing to steal anymore in their hood.

Basically half-assed measures end up in half-assed results.

Meanwhile Democrats still generate deficit(because they know that raising the taxes to the point where they can actually cover the expenses is a political suicide) but their "get 3 dollars from Steve, 1 dollar from Fed and give 4 dollars to Jamal" policy props up consumption which generates growth, although an artificial one. One that you can see on statistics but you don't see it in your wallet.
>Most economists agree that protectionism has negative economic effects for a country.
EU is inherently protectionist. You have to pay 25% tariff if you want to export aircraft parts from the US to the EU, for instance.

Germany seems to do rather well in these conditions, don't you think? Of course retards say - but Germany itself doesn't have protectionist policy - which is correct, they outsource it to the EU institutions.

No actually Trump is taking credit for the Obama economy.
Trump splerged for 8 years how the unemployment rate was """fake""" then suddenly embraced it.

Bush did leave Obama the worst Republican Recession since the Great Republican Depression.

>if if if if
Not an argument.

>dat falsified Reagan average
kek

>(((economy)))

average person doesn't see much if any of new GDP growth, economic boosting policies are for lining the rich's pockets at your long term expense

>Presidents are in charge of economics

LOL just because u right wing retards don't understand what I'm posting, doesn't mean I can't explain them. There's a huge difference there dumbass. Which chat would u like me to explain to you?

>ATTENTION NEWFAGS
This is an Obama Leaf BAIT thread.

He rants and posts misleading statistics every single day. Same arguments, same pictures. There is no point in arguing, he's a turbo autist who's only here to waste your time.

Just let it die, and don't bump this retarded waste of a thread.
That will be all, thank you.

But if if if if hold up hold up hold up

Boy do the billionaire globalist elites have u retards cucked good.

Yes there is such as a thing as tax cuts on the rich. Go learn what tax brackets are.