Message from @sɪᴅɪsɴᴏᴛʜᴇʀᴇ
Discord ID: 548911503462498315
Obama did fund ISIS.
Similar story different year
We also see a better change in “real unemployment”
Under Trump
Obama didn’t do much to get these jobs back in a sense
He just delayed it.
He created plenty of jobs
The GDP was growing at a decent rate under Obama
@Anon365 yeah he created a lot of jobs because there were “*more to create*”
Obama is the only president not to reach 3% annual growth either
He created a lot jobs due to the very reason of “more to create”, but job creations may have been higher and faster if he didn’t intervene, aka stimulus packages and other interventions
That's hard to tell
No dude, government spending does not help economic growth and recovery from recessions
What it does is delay it
That’s why the recovery was so long and slow
There were a few min wage hikes under him aswell which worsened the recovery and unemployment going down time, even job creation
But I don’t think that was signed by him, but Bush
Ok, I agree with you on the stimulus
It was unnecessary, but there is no way of knowing whether or not it would've made growth faster.
Had it not been enacted
Because government spending in the recession times does not bring growth
Nor does it help in normal times
This theory has been debunked and we saw it fail in ‘30s, ‘08 and the “lost decade” in Japan
They spent 100 trillion yen trying to get out from the depression, they still couldn’t get out
It only delayed it
Now Japan sits on 205% debt to gdp
New deal?
Yep
It helped create jobs
Delayed the depression recovery
dude unemployment was around 20s
Then spiked up in ‘38