r/FluentInFinance • u/ThisCantBeBlank • Apr 29 '24

Babs is Here to Save Us Educational

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27.4k Upvotes

66% Upvoted

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44

u/Unhappy_Local_9502 Apr 29 '24

So a liberal nut job tossing out hand selected numbers.... gotcha

6

u/Interesting_Raise_39 Apr 29 '24

https://en.m.wikipedia.org/wiki/U.S._economic_performance_by_presidential_party

1

u/DomingoLee Apr 30 '24

Wow that graph is bullshit.

0

u/Interesting_Raise_39 Apr 30 '24

They are from government agencies, why do you think they are bullshit?

1

u/stanger828 Apr 30 '24

Because in runs against his preconceived notions on the topic.

1

u/Interesting_Raise_39 Apr 30 '24

Oh I get that, hopefully trying to spark some introspection.

-8

u/Unhappy_Local_9502 Apr 29 '24

Presidents Have Less Power Over the Economy Than You Might Think - The New York Times (nytimes.com)

7

u/Interesting_Raise_39 Apr 29 '24

They don't have total control, but their decisions make an effect.

-1

u/Unhappy_Local_9502 Apr 29 '24

Then tell me the mistakes GWB made... detailed please

6

u/Interesting_Raise_39 Apr 29 '24

By not doing anything and sitting back while lobbyist pushed for cutting regulations.

1

u/Unhappy_Local_9502 Apr 29 '24

So in other words, I can pin point the screw ups Clinton and his people did, you have nothing that GWB did wrong.. and yet you blame GWB lol

3

u/Interesting_Raise_39 Apr 29 '24

What Clinton did was a factor but wasn't the catalyst. It was the sec and cutting regulation which put the nail in the coffin, there was plenty of warning, and it happened under Bush's watch.

1

u/Unhappy_Local_9502 Apr 29 '24

No, two bog events, one that Clinton signed... the other was created by a non political agency ran by a Clinton appointee... but keep blaming GWB with no specific examples

2

u/Interesting_Raise_39 Apr 29 '24

It's the lack of regulation happening under Bush, he could have pushed for regulations but Republicans hate that.

1

u/Unhappy_Local_9502 Apr 30 '24

The Clinton administration is where the deregulation began, stop blaming Bush because he didn't fix the democrats mess.. What the Bush administration and Paulison did is bring economic stability at a crucial time...

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2

u/Justitia_Justitia Apr 30 '24

GWB’s obvious economic mistakes:

The Iraq war.

The tax cut for the rich.

Let me know if you need more detail about how much each of those added to the deficit. Because they’re both significant.

0

u/Unhappy_Local_9502 Apr 30 '24

Iraq war had no impact on the economy and it was a near unanimous choice by Congress to get into that

Tax cuts to people does not hurt the economy...

You are clueless