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3rd Quarter GDP Estimate: Rises To Whopping 4.6%

#22
(This post was last modified: 08-29-2018, 09:09 AM by mikesez.)

(08-29-2018, 07:59 AM)jj82284 Wrote:
(08-29-2018, 06:58 AM)mikesez Wrote: That's simply not true.  The only things Obama wanted that he wasn't able to get in his final six years were slightly higher spending, slightly higher taxes, and an immigration amnesty.
I'm not saying any of these things are good, but, none of those things are anything like what Venezuela has.
In Venezuela, the government owns oil companies and food processing, has price controls on food and gas, and doesn't let you import anything without completing a lot of paperwork proving that you tried to have it made in Venezuela. 
Obama came into office with the government owning AIG, GM, and Chrysler.  Hugo Chavez would have called that a good start.  Obama sold these assets back to the private market.  He was not a socialist.

Traditional socialist.  He was more of an economic national socialist (for political expedience not core ideology).  

Also, u left out the carbon tax which would have wrecked the economy, forced transition to green energy that would have wrecked the economy and u and those who carry Obama's economic water leave out the fact that a.) He supported the policies that lead to 08 (and the collapse of all the health care co-ops) b.) Generally, the greater the recession the stronger the recovery.  This whole "well the recession was really deep" is actually a further INDICTMENT on him never reaching 3% gdp in a single year (first president ever).

Obama was no kind of socialist. He was for a bigger welfare state, not socialism. Those are two very different things.

The carbon tax was not discussed by anyone in power while Obama was President. A carbon tax would not be a bad idea so long as it was paired with cuts to other taxes.

Obama wanted a cap and trade system (which was a very bad idea) but his own party balked.  That was before Republicans regained Congress.  So you could give negative points to Obama for proposing it but you'd also have to give positive points to the moderate Democrats who blocked it.
My fellow southpaw Mark Brunell will probably always be my favorite Jaguar.
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RE: 3rd Quarter GDP Estimate: Rises To Whopping 4.6% - by mikesez - 08-29-2018, 09:07 AM



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