Did Barry "set the economy up" for The D?
Posted: Sat Jun 09, 2018 2:06 pm
Actually, in a way, he did.
Barry took the reigns as the economy was corkscrewing into the ground. No one can blame him for the '08 recession, other than to say, he was an insignificant part of the Congress which, along with the Shrub, drove it there.
But in the past, each crash was followed by a recovery. It's what economies do. Barry's ineptitude, with Congressional help, saw to it that the traditional economic surge never happened. Rather than bouncing back, it muddled along, technically "growing", but at historically slow levels.
So, what he handed over to TGOF is an economy that had been in a straight jacket for the better part of a decade. Barry, of course touted it as the longest stretch of uninterupted growth, evah. And he is right, sort of, because an economy under such restraint, will remain in a perpetual state of extremely slow growth. An unleashed economy would have strong growth with the occasional hiccup.
What we are seeing now, is what we should have seen, somewhere around 2010.
The good thing is, it will likely mean good things for the republicans this fall. But will it run out of gas before '20? I really don't know.
Barry took the reigns as the economy was corkscrewing into the ground. No one can blame him for the '08 recession, other than to say, he was an insignificant part of the Congress which, along with the Shrub, drove it there.
But in the past, each crash was followed by a recovery. It's what economies do. Barry's ineptitude, with Congressional help, saw to it that the traditional economic surge never happened. Rather than bouncing back, it muddled along, technically "growing", but at historically slow levels.
So, what he handed over to TGOF is an economy that had been in a straight jacket for the better part of a decade. Barry, of course touted it as the longest stretch of uninterupted growth, evah. And he is right, sort of, because an economy under such restraint, will remain in a perpetual state of extremely slow growth. An unleashed economy would have strong growth with the occasional hiccup.
What we are seeing now, is what we should have seen, somewhere around 2010.
The good thing is, it will likely mean good things for the republicans this fall. But will it run out of gas before '20? I really don't know.
