General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsIt's Friday! Who wants some stupid RW math?
RUSH: Theres some great economic news here today, ladies and gentlemen. Trumps first year economic growth is now officially at 2.3%. In Obamas first year, the economy shrank 2.8%. This is a 5.1% turnaround in economic growth, from minus 2.8% to plus 2.3%. This is simply phenomenal and remember, Obama was telling us that this was probably the new norm and we needed to get used to it and that his job was to be managing the decline so that the pain was evenly distributed.
The way I look at this is, Of course the economy grew! We replaced a globalist socialist with a patriotic capitalist. We replaced somebody who doesnt believe in American exceptionalism and greatness with someone who does. This is stunning. A 5.1% turnaround! Wed have to have a grand total of 5.1% growth overall for these numbers to be accurate.
Not linking to his website.
It's headlined "Phenomenal! The Trump Economic Turnaround"
Angry Dragon
(36,693 posts)genxlib
(5,524 posts)Wow, that is the kind of top notch economic analysis you would expect from a fifth grader.
underpants
(182,788 posts)Like he's having a conversation with his own mind... he's not.
Hav
(5,969 posts)How about that turnaround from 1929 to 2017?
Also, he acts as if Obama's presidency lasted one year. Obama never said that the shrinking economy during the recession was the new norm that one needed to get used to.
logosoco
(3,208 posts)looking at their own pocketbooks and budgets and seeing that, for many in the working class this "growing economy" is going in the yard of the 1% and not their own?
underpants
(182,788 posts)I just listen to hear the latest (actually Rush has lost a lot a significance on the right) BS coming down the track is. Also it's very funny at times - the knots he twists himself into.
kentuck
(111,085 posts)He knows they do not remember the depths of the crisis that Obama inherited. So he plays to their ignorance. The worst is that he does it intentionally.
Volaris
(10,270 posts)When the economic numbers attached to this MISadministration finally catch up to what Trump has done to wreck the economy (the stock market is a lagging indicator--off about 12-18 month, right?), THAT will be Obama's fault though. Somehow.
Dumb shit like this is why we really really need some form of propoganda laws in this Nation...The dumber his listeners are, the more money Rush makes. It's the opposite of how Free Markets are supposed to self-correct according to conservatives.