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Thread: Under Obama's Socialist Policies, GDP Was The LOWEST In US History.

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    Under Obama's Socialist Policies, GDP Was The LOWEST In US History.

    GDP Economic Growth Under Obama Worst In History. Socialism Doesn't Work. Trump's GDP Under A Capitalist Mindset Already Higher Than ANY Year Under Obama. Lowest Unemployment Claims In 44 Years Under Trump. SNP Near Record Highs. Dow Jones Hits Record High Under Trump. Captitalism built ALL of the Economic Giants in the world. Socialism always ends in a nightmare for all.


    Barack Obama Is Now The Only President In History To Never Have A Year Of 3% GDP Growth | Zero Hedge

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    Re: Under Obama's Socialist Policies, GDP Was The LOWEST In US History.

    I will just jump right in there with "What a load of Malarkey"
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    Re: Under Obama's Socialist Policies, GDP Was The LOWEST In US History.

    Barack Obama Is Now The Only President In History To Never Have A Year Of 3% GDP Growth?

    Herbert Hoover, the Republican 31st President, never got US GDP growth to move out of negative figures. Do your own homework. And before you blame it on the mess he was dealt, Hoover's predecessor as President was a Republican too and the one before that as well.

    https://www.thebalance.com/us-gdp-by-year-3305543

    And there were only two years in the whole of this century that saw US GDP growth as high as 3%, and those two years were fueled chiefly by Dubya's deregulated subprime mortgage housing bubble which led to the worldwide Capitalist bank-driven recession whoopsie. Which bits of that have you forgotten? Lehman Brothers crashing, Meryl Lynch? Fanny Mae, securitized lending at $10 trillion of the $25 trillion American credit market, mass foreclosures of poison loans which were only advanced to make bonus targets? Or is deregulation still The American Way.

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    Re: Under Obama's Socialist Policies, GDP Was The LOWEST In US History.

    Quote Originally Posted by LarsMac View Post
    I will just jump right in there with "What a load of Malarkey"
    Well, I would prefer "What a pile of..." never mind.

    Here is something I copied from a website that I would characterize as logical, with no particular slant:

    "Socialism allows for privately owned property and businesses exisitng alongside public run institutions. Germany is the perfect example. It has a coordinated market economy. Essentially the core of socialism is the redistributive capactiy of its welfare state and strength of employment restrictiveness policies."

    I lived in Germany for nearly ten years. I lived in a wonderful little town called Ratingen, just outside Duesseldorf. I also traveled all over the country. I never saw any city, or neighborhood thereof, that I would describe as wretched or run-down.

    Every working person was employed and every worker belonged to a union.

    No squalor, no rich people in one part of town and dirt-poor across the tracks as in big-city USA.

    Don't get me wrong, I'm a loyal American, but what a shame it cannot be like socialist Germany or any of the other European socialist cities!

    Well, who knows, maybe some day. Bernie Sanders, I will be voting for you in 2020!

    Added later: Perhaps off the topic, but interesting: Ambulance service in Ratingen is provided by a Catholic fraternal group called the Knights of Saint John of Malta, and it's FREE.

    In the USA a trip like that would probably cost you or your insurance company a couple of hundred bucks.
    Last edited by Mark Aspam; 10-27-2017 at 06:19 PM. Reason: added info

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    Re: Under Obama's Socialist Policies, GDP Was The LOWEST In US History.

    It is true that the 3% GDP growth rate was not achieved during the Obama administration. The question is, of course, why this is a big deal. It's not! It's a gotcha story!

    It's funny, Newt Gingrich has always claimed that the growth rate success of the Clinton years was due to the fact that most of those years Congress was held by Republicans and it was them forcing spending restraints on Clinton that was the key. We don't see Republicans claiming responsibility this time, do we?

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    Re: Under Obama's Socialist Policies, GDP Was The LOWEST In US History.

    Quote Originally Posted by LarsMac View Post
    I will just jump right in there with "What a load of Malarkey"
    Which fact did I say that isn't true?

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    Re: Under Obama's Socialist Policies, GDP Was The LOWEST In US History.

    Quote Originally Posted by xfrodobagginsx View Post
    Which fact did I say that isn't true?
    That "Under Obama's Socialist Policies, GDP Was The LOWEST In US History". It's also untrue that "Under Obama's Socialist Policies, GDP Growth Was The LOWEST In US History", which is what you ought to have written to make more sense - it's still not true, but it makes more sense.

    It's also untrue that "Barack Obama Is Now The Only President In History To Never Have A Year Of 3% GDP Growth", as I demonstrated.

    Perhaps you didn't click the link to factual data which I provided, to check?
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    Re: Under Obama's Socialist Policies, GDP Was The LOWEST In US History.

    Quote Originally Posted by xfrodobagginsx View Post
    Which fact did I say that isn't true?
    You didn't actually say any facts, you quoted someone else and linked their gotcha story.

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    Re: Under Obama's Socialist Policies, GDP Was The LOWEST In US History.

    You guys realise that all over the world people are payed to plant themselves in forums and wreak havoc? Subversive plants. They use certain words, direct conversations specifically back to original text and point ....where certain connatations andwords are used over and over again.

    Its very clever, because although you take a position opposing view, they will keep using tjr same eords over and over again so in the future those words is all youll remember about the argument.....in this case..."socialist"..."obama"...fact".

    Anyway, have fun being brainwashed.

    And yes they recycle text. Hence the capital letters.

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    Re: Under Obama's Socialist Policies, GDP Was The LOWEST In US History.

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    Quote Originally Posted by magentaflame View Post
    You guys realise that all over the world people are payed to plant themselves in forums and wreak havoc? Subversive plants. They use certain words, direct conversations specifically back to original text and point ....where certain connatations andwords are used over and over again.

    Its very clever, because although you take a position opposing view, they will keep using tjr same eords over and over again so in the future those words is all youll remember about the argument.....in this case..."socialist"..."obama"...fact".

    Anyway, have fun being brainwashed.

    And yes they recycle text. Hence the capital letters.
    Anybody know what this poster is talking about?
    What are 'connatations andwords'? What are 'tjr same eords'?

    Am I missing something?

    Added later: Looking at the previous post again, I'm assuming that the weird words are simply misspellings.

    But I'd like to know more about the 'plants'. As far as I know, to post here you have to have applied and are subject to certain rules. If you're claiming that posters are getting on surreptitiously, I'd like to know more about that. Surely the forum's managers would be aware of this.

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