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While both of these statements are true, Obama did it to get the US out of the recession hole where the previous 8 years of unsecured mortgages and crazy walls street bets from investment banks created endemic risk and failure propagation.
Very different outcomes of the same moneys, specially considering we even turn some profit on sellin the bailed out car companies and once they paid some of these loans.
Obama did it to get the US out of the recession hole where the previous 8 years of unsecured mortgages and crazy walls street bets from investment banks created endemic risk and failure propagation.
Yep and Trump, in contrast, managed to give hundreds of billions of dollars directly to criminals and scammers. He made scams great again.
it’s important to understand each of their reasoning:
Obama added to the national debt in order to jumpstart a stalled economy that was deep, DEEEEEEP in the shitter after Bush just noped’out after letting the housing market explode and adding two wars to the bill. Paying all that shit off, PLUS, what was planned to be damned-near-universal-healthcare but became JUST a huge expansion to most people’s health benefits (the ACA).
Those are things Obama’s admin paid for and we saw actual, tangible returns on. The economy roared back to life. Medical costs and insurance costs went down.
What benefits did we see from Trump’s deficit ballooning tax cuts? hmm lemme look here… ah, the report says JACK SHIT.
Unless you’re a billionaire.
So yeah, they both added to the national debt but at least most americans received a functioning economy and a chance for healthcare from Obama. Genuinely, Thanks Obama!
I was looking into this. Obama added roughly 8 trillion dollars to the national debt. Trump added the same amount in half as much time.
While both of these statements are true, Obama did it to get the US out of the recession hole where the previous 8 years of unsecured mortgages and crazy walls street bets from investment banks created endemic risk and failure propagation.
Very different outcomes of the same moneys, specially considering we even turn some profit on sellin the bailed out car companies and once they paid some of these loans.
Yep and Trump, in contrast, managed to give hundreds of billions of dollars directly to criminals and scammers. He made scams great again.
https://time.com/5290474/trump-bank-rollback-dodd-frank/
https://www.nbcnews.com/business/economy/congress-just-approved-bill-dismantle-parts-dodd-frank-banking-rule-n876516
What’s old is new again.
This time with more maga.
it’s important to understand each of their reasoning:
Obama added to the national debt in order to jumpstart a stalled economy that was deep, DEEEEEEP in the shitter after Bush just noped’out after letting the housing market explode and adding two wars to the bill. Paying all that shit off, PLUS, what was planned to be damned-near-universal-healthcare but became JUST a huge expansion to most people’s health benefits (the ACA).
Those are things Obama’s admin paid for and we saw actual, tangible returns on. The economy roared back to life. Medical costs and insurance costs went down.
What benefits did we see from Trump’s deficit ballooning tax cuts? hmm lemme look here… ah, the report says JACK SHIT.
Unless you’re a billionaire.
So yeah, they both added to the national debt but at least most americans received a functioning economy and a chance for healthcare from Obama. Genuinely, Thanks Obama!