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JPJones.
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October 13, 2020 at 12:26 PM #819913October 13, 2020 at 12:47 PM #819914
spdrun
ParticipantAlso, why is “growth” so important … isn’t a stable society that’s well-educated, happy, and healthy more important than selling more Chinese tchotchkes to replace ones that are a few years old?
I’d rather live in a society that can deal with a pandemic or other emergency without falling apart than a society where everyone has a new iGadget.
October 13, 2020 at 4:51 PM #819917EconProf
Participant[quote=svelte][quote=EconProf]
Up until the Chinese virus hit us, the economy was roaring ahead, clearly outpacing the GNP growth rates of the Obama
years.[/quote]lol, so you choose to completely ignore the hard numbers I posted and resort to generalizations.
Here are the numbers from the US and IMF:
Obama
2009 – -2.54
2010 – 2.56
2011 – 1.55
2012 – 2.25
2013 – 1.84
2014 – 2.53
2015 – 2.91
2016 – 1.64Trump
2017 – 2.37
2018 – 2.93
2019 – 2.33
2020 – -5.91Obama averaged 1.311
Trump averaged 0.43
You chose to ignore that and instead posted a generalization and excused Trump’s performance. Funny you didn’t make any allowances for Obama’s.
I would submit that the first year of a president’s term was based on the prior president, so it would all be shifted a year which would give Obama 2.2 and Trump 1.02
Not exactly a stellar story!
And yes we can blame Trump for this year – his floundering on a pandemic response and outright lies land this firmly in his lap. You know, the buck stops here thing? Only Trump doesn’t take responsibility for anything. Unless it’s positive, then he’ll take credit whether he did it or not.[/quote]
Svelte,
It is interesting that you include 2020 in your numbers. What is Trump’s average if you took his first three years compared to Obama’s eight years?
Thanks for making my point.October 13, 2020 at 5:49 PM #819918Participant^^^
Who gives a rodent’s orifice? Is creating growth at the price of stability and resilience to the unforeseen really worth it? It’s roughly like partying for a week straight on meth, then passing out and being mugged by a 10-year-old.
October 15, 2020 at 5:16 PM #819932JPJonesParticipant[quote=EconProf][quote=svelte][quote=EconProf]
Up until the Chinese virus hit us, the economy was roaring ahead, clearly outpacing the GNP growth rates of the Obama
years.[/quote]lol, so you choose to completely ignore the hard numbers I posted and resort to generalizations.
Here are the numbers from the US and IMF:
Obama
2009 – -2.54
2010 – 2.56
2011 – 1.55
2012 – 2.25
2013 – 1.84
2014 – 2.53
2015 – 2.91
2016 – 1.64Trump
2017 – 2.37
2018 – 2.93
2019 – 2.33
2020 – -5.91Obama averaged 1.311
Trump averaged 0.43
You chose to ignore that and instead posted a generalization and excused Trump’s performance. Funny you didn’t make any allowances for Obama’s.
I would submit that the first year of a president’s term was based on the prior president, so it would all be shifted a year which would give Obama 2.2 and Trump 1.02
Not exactly a stellar story!
And yes we can blame Trump for this year – his floundering on a pandemic response and outright lies land this firmly in his lap. You know, the buck stops here thing? Only Trump doesn’t take responsibility for anything. Unless it’s positive, then he’ll take credit whether he did it or not.[/quote]
Svelte,
It is interesting that you include 2020 in your numbers. What is Trump’s average if you took his first three years compared to Obama’s eight years?
Thanks for making my point.[/quote]Trump had a much stronger influence on 2020 than Obama did on 2009. I’d argue further and say that the last year of a president’s term is the one he has the most impact on.
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