GDP growth over the last 8 years
antithesis
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Posted 7:16 pm, 02/27/2017
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No, you simply don't understand basic economics.
When the GDP goes up, you should increase the debt to match it. Doing otherwise would be bad economics.
And that's what Obama did. We had a record high in 2007, and Obama brought it back under control:
http://steadfastfinances.co...r.org_.png
As for the rest of it (terrorism, healthcare, etc), you're welcome to create a new thread and I'll debunk it there. This thread is about the GDP and economy, and showing that you guys that keep saying that Obama never saw 3% growth are wrong.
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Ole Sarge
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Posted 7:11 pm, 02/27/2017
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I realize that democrats simply do not get why they lost the election. It took them 6 years to embrace the fact Obama was a socialist. Then they ran one for president. I know they cannot see the fact they lost was because they were too far left. But please tell me how they did not see what caused the housing bubble. You simply cannot finance houses for people with no jobs or way to make payments.. Good Grief.
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sparkling water
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Posted 7:02 pm, 02/27/2017
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Lloyd Bentson said something about writing a hot check to give an illusion of prosperity.
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Donald_J_Trump
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Posted 6:40 pm, 02/27/2017
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Thats because he borrowed 10 trillion dollars to put into the economy that we have to pay back now, how STUPID of a president
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#TrumpBestPresidentEver
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Posted 5:47 pm, 02/27/2017
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Anti, the reality is that despite the **** of debt he added and near zero interest rates the economy sucked under Obama. Plus he loosed terrorism on the world, his foreign policy in general was a great disaster, he set racial relations back 50 years, and he destroyed the nation's healthcare system.
There is nothing good that can be said about the Obama presidency.
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Rosestar
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Posted 12:44 am, 01/28/2017
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Repub tards believe in "alternate facts" LOL
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lagrangepoint
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Posted 12:19 am, 01/28/2017
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[email protected] (view profile) | Posted 9:15 pm, 01/27/2017 | uhhhh what about the previous 8 years were we saw this Dec 31, 2007 4.40% Dec 31, 2006 5.12% Dec 31, 2005 6.52% Dec 31, 2004 6.31% Dec 31, 2003 6.42% Dec 31, 2002 3.76% Dec 31, 2001 2.19% Dec 31, 2000 5.50% lot better looking numbers if you ask me. But you know I'm being confused with facts.:) |
Sure a lot better looking numbers until you consider there was a housing bubble inflating them. Or until you consider that Bush took over a booming economy and Obama took over a collapsing economy. But you know those are just facts. Or did you happen to just forget those little details?
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redfly
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Posted 11:30 pm, 01/27/2017
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redfly
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Posted 11:30 pm, 01/27/2017
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Lib-Turds line in the Fiction Section of the Universe, its easy to pick them out, right Keny
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ladym
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Posted 9:50 pm, 01/27/2017
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Repubs live in that alternative universe that Kellyanne Conway loves.
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sparkling water
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Posted 9:48 pm, 01/27/2017
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Never trust a libtard with statistics.
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[email protected]
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Posted 9:15 pm, 01/27/2017
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uhhhh what about the previous 8 years were we saw this Dec 31, 2007 4.40% Dec 31, 2006 5.12% Dec 31, 2005 6.52% Dec 31, 2004 6.31% Dec 31, 2003 6.42% Dec 31, 2002 3.76% Dec 31, 2001 2.19% Dec 31, 2000 5.50%
lot better looking numbers if you ask me. But you know I'm being confused with facts.:)
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antithesis
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Posted 4:15 pm, 01/27/2017
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Notice that Bush's last year was -0.92%, the first time we had negative growth since 1949. Bush wrote the 2009 budget, so Obama had little control there, but every year afterward we had excellent growth.
Don't let people lie and confuse you on the facts.
Sep 30, 2016 | 2.94% | Dec 31, 2015 | 3.00% | Dec 31, 2014 | 4.07% | Dec 31, 2013 | 4.31% | Dec 31, 2012 | 3.24% | Dec 31, 2011 | 3.64% | Dec 31, 2010 | 4.56% | Dec 31, 2009 | 0.11% | Dec 31, 2008 | -0.92% | http://www.multpl.com/us-gd...le/by-year
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