You claim 9/11 shouldn't have affected the economy. You're wrong.
You claim Obama did a great job when he oversaw the slowest recovery in history. You're wrong.
You claim Trump's economic success was a result of Obama, despite the fact economic predictions were for a slump. You're wrong.
You claim Biden's economic failure is a result of Trump, despite the fact economic predictions were for a boom. You're wrong.
1, 911 wasn't an attack on the economy but a strategic attack of certain buildings by the terrorist. Explain how that 911 affected the economy? Oh, wait I know you can't. Just to show I'm not totally unsympathetic to the ignorant fools of the world; The economy had already started a mild recession before 911 because Alan Greenspan, head of the Federal Reserve, began to raise interest rates which popped the NASDAQ stock bubble. Remember Pet.com? So your "counterpoint " is crapola!
2, Obama came to power in one of the worst economic declines since the great depression. 500,000 newly unemployed a MONTH. The Republicans refused to help pass emergency legislation that could have lifted the US out of the decline faster and stronger. Obama, wanting to be bipartisan, allowed the rescue package to be more heavy weighted with tax cuts (not much good when your unemployed) and vastly to small package to get Republican votes. Because of this anemic response, as compared to what China did at the same time, the economy under perfore for years. An anemic response was exactly what the Republican wanted politically.
A, Additionally; the growth rates were at or greater than many of the quarters Trump was in office. After his tax cuts for the rich wore off, as I said before, growth rates returned to the 1.8-2.2 level virtually the same as Obama's. The growth rates are actually being held at theses levels because of demographic changes in the workforce. An aging workforce, a baby boom workforce, that is retiring at 10,000 a day and not enough new workers in the pipeline to replace them. Old people's spending patterns are deflationary and young people spending patterns are inflationary. So, your point two, more crapola!
3, See my response to point 2.
4, I never said Bidens economic failure was the fault of Trump. If your going to debate someone don't put words in their mouth. Biden isn't at the head of an economic failure. In fact he has managed a recovery from a decline that even outstriped Bushes collaped economy. Trumps 20% unemployment rate, even higher in certain parts of the country, and such a collapse of the overall economy it has taken 5 trillions of new debt just to wrench us out of this freefall. All of Trump's prediction by his most stable genius from the magical disappearance of the virus, to opening the economy for easter mass, September 2020 a return to boom times, turn out to be a massive pile of crapola.
7 years of not posting and nothing has changed. There are idiots lurking in every corner here who just can't help but make themselves look and sound like fools then cry foul to the admin when they are exposed.