Politics Shmolotics

[Shane]

The stock market doubled during Obama's 8 years. That wasn't because of Obama, it was in spite of him. The recovery from the 2008 recession was the slowest and weakest post-recession recovery we've ever had. But businesses are resilient. Everybody always likes to give the President all the credit or blame for the economy and the stock market. Politics is one thing that affects both, but it isn't the only thing. And the president has less of a direct effect than Congress does. Congress passes tax and spending laws. Presidents just sign or veto them. But even when the idiots in Washington don't give us ideal fiscal policy, we still all show up for work and try to figure out how to make a living and grow our businesses, even when the playing field we have to work with isn't what we wish it was.

We're starting to see a reduction in some of the government regulations that were added over the last several years, and that's helping free up capital and resources so that businesses can grow faster. Today's tax cut will help even more. If they'd ever actually get completely rid of Obamacare, that would help too. And there are still lots of regulations that still need to go to get government off of our backs even more. The stock market has risen a lot lately on the expectation that all of that would materialize. Some of it has, and that's awesome. A bunch of it hasn't become reality yet. Hopefully it will. They should have gotten it all done by now, but maybe they will finally get around to honoring all their campaign promises eventually. Even when they don't, any little bit that we can get out of them that gets government a little bit less into our pockets and a little bit less in our way with regulations will be an improvement. We'll all still be trying to figure out how to make a buck regardless. The credit for growth goes to all of us in the private sector, not the politicians.

[ttaxidermy]

Originally Posted by Shane

The stock market doubled during Obama's 8 years. That wasn't because of Obama, it was in spite of him. The recovery from the 2008 recession was the slowest and weakest post-recession recovery we've ever had. But businesses are resilient. Everybody always likes to give the President all the credit or blame for the economy and the stock market. Politics is one thing that affects both, but it isn't the only thing. And the president has less of a direct effect than Congress does. Congress passes tax and spending laws. Presidents just sign or veto them. But even when the idiots in Washington don't give us ideal fiscal policy, we still all show up for work and try to figure out how to make a living and grow our businesses, even when the playing field we have to work with isn't what we wish it was.

We're starting to see a reduction in some of the government regulations that were added over the last several years, and that's helping free up capital and resources so that businesses can grow faster. Today's tax cut will help even more. If they'd ever actually get completely rid of Obamacare, that would help too. And there are still lots of regulations that still need to go to get government off of our backs even more. The stock market has risen a lot lately on the expectation that all of that would materialize. Some of it has, and that's awesome. A bunch of it hasn't become reality yet. Hopefully it will. They should have gotten it all done by now, but maybe they will finally get around to honoring all their campaign promises eventually. Even when they don't, any little bit that we can get out of them that gets government a little bit less into our pockets and a little bit less in our way with regulations will be an improvement. We'll all still be trying to figure out how to make a buck regardless. The credit for growth goes to all of us in the private sector, not the politicians.

I can promise you that there were things that Obama did, all by himself, that did serious damage the economy.. As a matter of fact he was a master at it.. The many executive orders that were signed, some in the middle of the night, and all of the environmental regulation crap that he and his ilk were pushing.. The list goes on and on and on and on.. It all had a direct and sudden impact on our economy..


I have many family members that still are or were self employed that felt the wrath of what that fool did and some still are......

How soon we forget.. I bet the oils feild hands remember..

[Shane]

Originally Posted by ttaxidermy

I can promise you that there were things that Obama did, all by himself, that did serious damage the economy.. As a matter of fact he was a master at it.. The many executive orders that were signed, some in the middle of the night, and all of the environmental regulation crap that he and his ilk were pushing.. The list goes on and on and on and on.. It all had a direct and sudden impact on our economy..


I have many family members that still are or were self employed that felt the wrath of what that fool did and some still are......

How soon we forget.. I bet the oils feild hands remember..

Absolutely. Obama was horrible. But in spite of that, we still managed to muster some economic growth, even though it was only about 2% per year, and we doubled the stock market. We could have done way better if we had better stuff coming out of Washington. No doubt.

[westtexducks]

Originally Posted by Bloodrunner

Let me ask you something there reader guy, do you think that what you want is that much different than what any person of the opposite "party" wants? The only thing ya'll disagree on is the way in which to go about arriving at the SAME **** OUTCOME! Its frickin nuts man.

I honestly have the most trouble with people who cannot think for themselves, and just dry heave all this BS they hear from some media correspondent who studied 16th century art at some obscure university in BFE. The media outlets of today are extremely inefficient at fact finding and you will get no facts whatsoever from any mainstream media outlet. Would it benefit any journalist to actually take the time to uncover the facts, follow the policy, and then document the effects of it even 6 months after it has been approved!??? Heck to the no dude. They just report on what the "expectation" of it will be without any follow through whatsoever.

Antidote..read dude! https://www.bakerinstitute.org/research/

So trading one biased source of info for your biased source of info is good? Suuurrrre let me get right on that.

Also your above bolded statement is so full of BS I can smell it from here. One side thinks killing babies is cool, the other doesn't. One side thinks we should all be on the govt tit and only they know the proper ways to distribute my money, the other doesn't. One has systematically killed the energy market and jobs in the process, the other hasn't. One believes all guns are evil and we are not smart enough to have such things in our possession, the other doesn't. One side believes they must legislate equality, the other thinks we should all have the ability to get to that point on our own with minimal govt. intrusion. Need I go on?

On a side note I have seen a lot of arrogant posts on this sight but this one takes the cake on both arrogance and the most politely I have ever been told I am stupid.

Also FYI just because you preface it with no offense doesn't mean you can come out and basically call all of us poor neanderthals stupid.

Signed BBA in marketing from TTU, not all of us hillbillies on here are uneducated. Besides there are more formally educated idiots running around at this point than there has ever been in the last hundred years. It is amazing how many people come out of college thinking they know it all and amazing how many come on a public forum to tell others all about it.

[flywise]

Originally Posted by ttaxidermy

LOL!!!!! You just can't say it can you!!

Ok I'll say it for you..
GO TRUMP!!!!!!

You can thank me later.

Well said

[ttaxidermy]

Originally Posted by westtexducks

So trading one biased source of info for your biased source of info is good? Suuurrrre let me get right on that.

Also your above bolded statement is so full of BS I can smell it from here. One side thinks killing babies is cool, the other doesn't. One side thinks we should all be on the govt tit and only they know the proper ways to distribute my money, the other doesn't. One has systematically killed the energy market and jobs in the process, the other hasn't. One believes all guns are evil and we are not smart enough to have such things in our possession, the other doesn't. One side believes they must legislate equality, the other thinks we should all have the ability to get to that point on our own with minimal govt. intrusion. Need I go on?

On a side note I have seen a lot of arrogant posts on this sight but this one takes the cake on both arrogance and the most politely I have ever been told I am stupid.

Also FYI just because you preface it with no offense doesn't mean you can come out and basically call all of us poor neanderthals stupid.

Signed BBA in marketing from TTU, not all of us hillbillies on here are uneducated. Besides there are more formally educated idiots running around at this point than there has ever been in the last hundred years. It is amazing how many people come out of college thinking they know it all and amazing how many come on a public forum to tell others all about it.

Great response signed Assoc. degree from TSTI Sweetwater 1987.
But some of the smartest/wisest and most successful hillbillies that I know have NO degree at all..
But some of the most ignorant that I know do.. Go figure..

[batmaninja]

Obama spent pretty much his entire 8 years in office blaming Bush.

Now that Trump is in office and the economy is doing well, the media wants us to believe it is left over Obama policies.

I mean yea, the we had some economic growth but how much debt did we add? The devil is in the details.