Home
Forums
New posts
Search forums
What's new
New posts
Latest activity
Members
Current visitors
Log in
Register
What's new
Search
Search
Search titles only
By:
New posts
Search forums
Menu
Log in
Register
Install the app
Install
Home
Forums
Brown Cafe Community Center
Current Events
Coronavirus
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
<blockquote data-quote="Jones" data-source="post: 4545138" data-attributes="member: 4805"><p><em>In <a href="https://en.wikipedia.org/wiki/Economics" target="_blank">economics</a>, <strong>stagflation</strong> or <strong>recession-inflation</strong> is a situation in which the <a href="https://en.wikipedia.org/wiki/Inflation_rate" target="_blank">inflation rate</a> is high, the <a href="https://en.wikipedia.org/wiki/Economic_growth" target="_blank">economic growth</a> rate slows, and <a href="https://en.wikipedia.org/wiki/Unemployment" target="_blank">unemployment</a> remains steadily high. It presents a dilemma for <a href="https://en.wikipedia.org/wiki/Economic_policy" target="_blank">economic policy</a>, since actions intended to lower inflation may exacerbate unemployment. </em></p><p>This definitely wasn't the case under Obama. GDP growth was slow (some would say anemic) but it was steady. Unemployment started out high but didn't stay that it way, it declined steadily through his tenure. Inflation was practically non-existent at 1.4%, pretty much the lowest it's ever been in modern history. If you were invested in the stock market you did very well, I retired at 54 and it was really the stock market growth during the Obama years that laid the foundation for that. I said at the beginning of Trump's term that as long as the stock market made the same gains as it did under Obama I would be happy with those returns.</p></blockquote><p></p>
[QUOTE="Jones, post: 4545138, member: 4805"] [I]In [URL='https://en.wikipedia.org/wiki/Economics']economics[/URL], [B]stagflation[/B] or [B]recession-inflation[/B] is a situation in which the [URL='https://en.wikipedia.org/wiki/Inflation_rate']inflation rate[/URL] is high, the [URL='https://en.wikipedia.org/wiki/Economic_growth']economic growth[/URL] rate slows, and [URL='https://en.wikipedia.org/wiki/Unemployment']unemployment[/URL] remains steadily high. It presents a dilemma for [URL='https://en.wikipedia.org/wiki/Economic_policy']economic policy[/URL], since actions intended to lower inflation may exacerbate unemployment. [/I] This definitely wasn't the case under Obama. GDP growth was slow (some would say anemic) but it was steady. Unemployment started out high but didn't stay that it way, it declined steadily through his tenure. Inflation was practically non-existent at 1.4%, pretty much the lowest it's ever been in modern history. If you were invested in the stock market you did very well, I retired at 54 and it was really the stock market growth during the Obama years that laid the foundation for that. I said at the beginning of Trump's term that as long as the stock market made the same gains as it did under Obama I would be happy with those returns. [/QUOTE]
Insert quotes…
Verification
Post reply
Home
Forums
Brown Cafe Community Center
Current Events
Coronavirus
Top