Honest folks knew Trump was going to be the one that has to clean up from the fake obama economic 'r | BRYYY Message Board Posts

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Msg  461951 of 473470  at  12/12/2019 9:06:10 AM  by

eagle76


Honest folks knew Trump was going to be the one that has to clean up from the fake obama economic 'recovery'

 pumping fake money into the economy and falsely inflating the stock market as happened over the obama years (despite his actions that actually hurt the real economy), is not a REAL recovery...
 
 Nope, it was fake, it only delayed the hard reset that should have been allowed to happen back in 2008, from the collapsing housing market bubble.   Yes, it would have been painful then, but thats going to look minor in comparison to whats coming now...  And the reason I suspect is because of the 'cycle theory' of, the bigger the bubble (peak of the cycle), the deeper the 'hit' is likely to be as the cycle reverses..
 
  So while PRESIDENT Trump has done several things to help out the US economy (180 flip vs the actions of the obama admin that again, were economic negatives), he and America still has to absorb the fakeness of the obama administration..   and its underway...
 
  For anyone paying attention, the job losses are picking up, especially in foreign countries.   We are seeing job cuts coming in the financial sector, usually pretty good paying jobs.   We see far too many saddled with student debt, debt they should have never been allowed to get into except for obama taking over the student loan industry and pushing the 'anyone that WANTS to go to college can, we will loan them money to do so' (unsaid was whether or not you were qualified to go to college, unsaid was whether or not you had any chance of graduating with a degree that meant something, nope, that wasn't important)...
 
  Yep, America is in deep fiscal trouble.  Most of it the result of the mindset that you can just borrow and spend, borrow and spend even more...   hell, we have state gov'ts like kalifornia, new jersey, illinios that forget what a balanced budget means years ago.   We have far too many that fail to realize, promises of 'free stuff' paid for by how much they can steal from others has limits...
 
   And now, Trump is the one that is going to have to deal with liberalisms effort to fiscally destroy America.  And the millions that are going to be the casualties of this fiscal irresponsibility that liberalism has pushed onto this country... 


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