I don’t think he did, it was under his administration which brought us out of the 2008 recession

I hope he didn’t set the stones for a recession I graduate college in 2 years...

Not really a way of knowing until it happens

But Trump continues to do what Obama did which was large deficit spending to create growth

That’s not sustainable forever

Imagine going to college

@chad No he didn't, Obama created the worst and longest economic recovery ever since the great depression. This was due to the fact he used Keynesian economics, with a stimulus bill which did nothing but prolongate it. The only reason it was recovered was due to the market forces. This is the same reason why the great depression lasted so long

Trump isn't spending money trying to stimulate the economy, he's just spending on things like the millitary

However Obama had 0% interest rates under his terms

he created the worst and longest economic recovery

By that I mean he delayed it

The government does not help the economy by recovering froma recession

it only delays it

Which is what we saw under Hw Bush

Obama and FDR

This was the worst recession since the Great Depression hence why it took longer than previous recessions

Reagan had it worse

And it shouldn't have taken as long

it's only Obama's meddling which delayed it

By what I meant about Obama setting the stones for the next recession, his economy had interest rates set at 0% during his entire term and multiple QEs took place. None of which made a single annual year of above 3% gdp growth

With 0% interest rates malinvestments took place, an inflationary bubble

Which a bust will have to fix

No because in a time of a recession

the government does not "pull out"

It only delays with it's meddling

It can help pull out by cutting taxes and not interfering in the market as much. But thats not what Obama did.

@chad Not to mention he's the only President to never reach 3% annual growth. It was an embarrassing recovery

and unfortunately Trump will get the blame if a recession comes.

This type of thing has caused a recession throughout history, it's why central planning doesn't work and why the federal reserve should be abolished

Tell that to Reagan, HW Bush, and W Bush

Even one year of annual 3% growth

Pretty sure even FDR got 3%

It would have been possible, if he didn't tamper the economy

When you say growth do you mean GDP

yeah

annual gdp growth never hit 3%

And he probably set the stones for a bust

to clear up all the malinvestments during the 0% interest rates

but the 0% interest rates were an important tool during the recession

@hcaez No they cause malinvestments