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Forum - Wall Street Pit    Stock Due Diligence for All

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From: efbailey (Rep: 1756) reply to franconiaDate: 08/23/2019 18:14
Forum: Wall Street Pit - Msg #2797680Thread #674096076 (Rec: 1)
Re: I'm not taking Trump's side on his stupid twitter rants but,

Not a big Trump fan but had to chime in on your comment that Obama provided health care. He did provide the law however successful self employed people like myself paid for the coverage for those that can’t pay as my premiums are up nearly 4x since inception while my deductible almost tripled.

Sent from my IPhone



Reply to franconia - Msg #2797665 - 08/23/2019 17:04

Re: I'm not taking Trump's side on his stupid twitter rants but,

So I'm not taking a side either.

Look at each of the charts on this site.
https://bangordailynews.com/2019/08/20/national-politics/here-are-15-charts-that-compare-the-trump-vs-obama-economy/

Its the fairest comparison I've found.

My summary would be that OBama did an incredible job of rescuing the whole country from the last "great" depression. He also did a great job of providing health care to the most Americans in history. Downside is he increased national debt. He did it with some modesty and if you can find more than ten lies compared to Trumps daily stretching of humility and truth.. you know the drill.

Trumps charts tend to EXTEND what was going on before. Thats not an easy feat, but its a continuation of Obama's economy not a digging out from a depression. I'm tired of the BS and bragging... and as I'm typing there are new tariffs and trade war annoucements from C and T.

It seems to me there could have been a better solution and much of that comes from Trump putting himself into a quandry of massively overstimulating the economy with his tax cut, who's sugar high will have to cause a pull back. I think he had hoped he could time the great recovery just in time for the next election, I'm not so sure. The Chinese know this also and really hold the cards on his election.
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