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The Myth that Obama is responsible for the Trump economy

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posted on Jan, 7 2018 @ 03:09 PM
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I have been hearing leftists say that Trump's economy is great due to the Obama policies, so we will dissect Obama's policies compared to Trump and learn why the stock market shot through the rooftop when Trump won the presidency.

First of all the leftwing intellectuals, said the economy will collapse if Trump wins. Boy did they get that wrong.

The reason why the stock market is at an all-time high when Trump won was due to his rhetoric and agenda that he made during the campaign. I know leftists are hard to admit this. It was due to his America First agenda and ending the lopsided Trade Treaties of past presidents, including Obama. You have to first understand the purpose of these globalist Treaties like NAFTA, TPP, Paris Agreement. It seeks to do one thing: to enact America's influence throughout the world and control the emerging markets. However, for this to work, it requires that wealth from the United States be redistributed across the world including jobs and finances. The people who benefit are the financial elites and the globalists corporations. However, it is not good for the working man because they now have to compete with third world salary which is unlivable wages. This is one of the largest root cause of inequality that the left refuses to discuss. However, Trump is on the target, which they will not acknowledge because it has been United States foreign policy since FDR. They realized that Colonialism was too difficult to accomplish, so they paired the Intelligence Agencies with the Financial Elites to push globalism. It's a more effective stealth means to take over the world than just conquering them militarily This became known by some as the deep state or shadow government. I call it the unelected fourth branch of government.

Second people say Trump has done nothing and the economy is great due to him inheriting the Obama economy. This is totally false. If you look at the stock market charts, it took off right when Trump won, when he cut regulations, and also broke records the very next day when he axed the Globalist Trade treaties like TPP and the Paris Agreement. If Obama axed those agreements than I will give him credit but he didn't.

Also, right after Trump passed the tax cuts, the stock market broke another record. Trump policies keep and hold wealth in the United States, which will be then used by the masses including corporations to inject in the stock market and increase wages because the wealth is not being redistributed around the world. This is driving the markets up. Therefore, the speculators are betting on President Trump based on the assumptions that I made.

Open borders is also another globalist agenda. It imports the poorest people from around the world, thus, driving America's wealth down. Then we have to hear it from leftists scream why America sucks so bad and education sucks, and they would rave about these other tiny countries, the size of the American States or even some counties. We literally import poverty and people with little education, and this is caused by leftists policies. U can't have it both ways.

Trump will prove leftists economics and paradigm completely wrong, so leftists should stop it with the hate mongering because, in the end, Trump is actually helping our fellow Americans. You have to understand we are in a global competition with the other countries. As the third world catches up with the first worlds, they will siphon off wealth until we meet in the middle. However, you want to enact policies to reduce the bleeding as much as possible and hope that more bleeding comes from other first world countries until the rest of the world catches up. This is exactly Trump's America First policy. It is the reason why nationalism is far superior to internationalism.

Now let's look at Obama's policies. The only reason why Obama did alright is due to three things. He had the feds pumped 4.5 trillion dollars into the stock market to give it the illusion that people were actually investing. This made his numbers look better, but it is all due to fed manipulation. Second, he bailed out the large corporations which preventing larger unemployment rate. Third, he had the feds lower the interest rates to zero which drove up real estate properties and easy money lending. These policies helped keep the Obama economy an afloat while implementing globalists policies that would have crashed the economy without the three listed manipulations.

Trump policies are far superior and he doesn't have to get the Central bankers to manipulate the markets. In Fact, the Central Bankers are working against Trump to slow down growth, by constantly trying to raise interest rates to slow down the Trump economy. The central Bankers do not work for the United States, they work to control the world. They can not have a country like the United States be extremely successful because it will affect the other countries, so they always have to drag down our economy when it is making a positive run.

Thoughts below..
edit on 7-1-2018 by amfirst1 because: (no reason given)

edit on 7-1-2018 by amfirst1 because: (no reason given)




posted on Jan, 7 2018 @ 03:14 PM
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I think the stock market looks great because the central banks have kept inter-bank lending rates near zero for almost ten years. That's lots and lots of liquidity.

Also, central banks are actually buying stocks, bonds and ETFs, that provides a fake bid for stocks, driving their price up. Another thing corporations have done is issued a whole lot of debt (bonds) taking advantage of the super low rates to issue low interest bonds, then taking the proceeds and buying back their stock.

Basically the real economy is swamped with debt, consumers have like 95% debt to annual income, that is historic highs so when they print money (issue new debt) it flows mostly into asset prices.

But the real economy just plods along while it is slowly hallowed out. Trump will get his correction, they'll probably let the markets crash in the next 2 years to make a challenge for his re-election.



posted on Jan, 7 2018 @ 03:15 PM
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a reply to: SkeptiSchism

True which is something I mentioned.



posted on Jan, 7 2018 @ 03:17 PM
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The Myth that Obama is responsible for the Trump economy

If it starts to tank then it will be Trumps economy.

It's Obamas' until something bad happens.





posted on Jan, 7 2018 @ 03:17 PM
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It’s quite simple over the last year the economy has been working with Obama era policies.

Now sure am happy to say that Trump is also having some effect but you cannot say that one man has single handily transformed the economy especially when he has not passed any laws that have boosted the economy or been in office long enough to take credit for any boosts. At the same time it’s not really fair to say that Obama can’t take some credit for it either

In a global economy markets are boosted in spite of Trump not because of Trump, that is my view
edit on 7-1-2018 by OtherSideOfTheCoin because: (no reason given)



posted on Jan, 7 2018 @ 03:22 PM
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a reply to: OtherSideOfTheCoin

They are boosted by juice, i.e. low interest rates which are artificial. That creates mal-investments which later crash. If the only thing driving up stock prices is higher stock prices there's no productivity to service the underlying debt and eventually it crashes.



posted on Jan, 7 2018 @ 03:22 PM
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a reply to: amfirst1

Okay sorry missed that part then.



posted on Jan, 7 2018 @ 03:23 PM
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a reply to: OtherSideOfTheCoin




It’s quite simple over the last year the economy has been working with Obama era policies.


Bull and crap.

What policies are those ?

Forcing us to buy healthcare ?

Creating new taxes?

Raising taxes.

All that takes from economic output.



posted on Jan, 7 2018 @ 03:24 PM
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The economy perked up the day Donald Trump was elected. People with an eye to see knew what would be coming down the pike with a man like Donald Trump at the helm. The optimism was backed by action, and it only got better from there.



posted on Jan, 7 2018 @ 03:24 PM
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originally posted by: SkeptiSchism
a reply to: OtherSideOfTheCoin

They are boosted by juice, i.e. low interest rates which are artificial. That creates mal-investments which later crash. If the only thing driving up stock prices is higher stock prices there's no productivity to service the underlying debt and eventually it crashes.


Well to be honest I think the very idea that the economy is being boosted is a bit of a fallacy, the entire global economy is built on debt and fait currency systems so it’s only a matter of time before the whole thing goes down the pan.



posted on Jan, 7 2018 @ 03:25 PM
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a reply to: neo96

Hmm quite a few of his policies pulled this economy out of the worst Bush induced crash in history. Don't worry we will have one under Trump as well.



posted on Jan, 7 2018 @ 03:27 PM
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originally posted by: neo96
a reply to: OtherSideOfTheCoin




It’s quite simple over the last year the economy has been working with Obama era policies.


Bull and crap.

What policies are those ?

Forcing us to buy healthcare ?

Creating new taxes?

Raising taxes.

All that takes from economic output.


And Trump has only just stared to change those thing and yet the economy is up and has been on a upward trend for most of the year, so nope, I don’t think that’s a valid point.



posted on Jan, 7 2018 @ 03:27 PM
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a reply to: mzinga




Hmm quite a few of his policies pulled this economy out of the worst Bush induced crash in history.


That decline was created by Bill Clinton and repealing Glass Stegall.

But hey who cares bout reality here.

Obama did nothing.



posted on Jan, 7 2018 @ 03:28 PM
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a reply to: OtherSideOfTheCoin

On that we can agree.



posted on Jan, 7 2018 @ 03:30 PM
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a reply to: OtherSideOfTheCoin

I do think it's a valid point.

Obama did everything he could to kill the economy.



posted on Jan, 7 2018 @ 03:36 PM
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originally posted by: amfirst1
The reason why the stock market is at an all-time high when Trump won was due to his rhetoric and agenda that he made during the campaign.


Uh....no. Quantitative easing, bond buy backs, and the FED actually purchasing stock are the culprits.

Wanna tell me how one can price a market with over a trillion dollars in accommodation annually?


edit on E31America/ChicagoSun, 07 Jan 2018 15:40:04 -06001pmSundayth03pm by EternalShadow because: correction



posted on Jan, 7 2018 @ 03:41 PM
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a reply to: EternalShadow

The stock market runs on speculation. Due to his rhetoric, the investor decided to go all in. As more of his agenda is implemented it reinforces the agenda. Quantitative easing stopped when Trump won or at least not nearly as it was when Obama was president.
edit on 7-1-2018 by amfirst1 because: (no reason given)



posted on Jan, 7 2018 @ 03:41 PM
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a reply to: amfirst1

Something to keep in mind. . . . .

The first 8 years of the Obama administration was all Bush's fault.

The first 4 years of the Trump administration is because of Obama.

Until the market crashes.

Then it'll be Trump's fault.



posted on Jan, 7 2018 @ 03:44 PM
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originally posted by: amfirst1
a reply to: EternalShadow

The stock market runs on speculation. Due to his rhetoric, the investor decided to go all in. As more of his agenda is implemented it reinforces the agenda. Quantitative easing stopped when Trump won or at least not nearly as it was when Obama was president.


Oh.

So never mind quantitative easing, bond buy backs, and the FED actually buying stocks.....

Nothing to see here...

Gotcha..


ETA: Source that QE stopped please.. thx
edit on E31America/ChicagoSun, 07 Jan 2018 15:46:16 -06001pmSundayth03pm by EternalShadow because: add



posted on Jan, 7 2018 @ 03:59 PM
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a reply to: amfirst1

Obamas policies are still in effect.

In the interim until Trump passes his plan you can't tell.

Now in 2018 we should see if in fact Trump policies will bolster the economy.

However if we follow history. Most republican plans suck.

And expect another 2007.




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