this post was submitted on 02 Jan 2024
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And this is how I know you're talking out your ass. A pigeon playing chess may look like it's doing a lot, but it literally is just shitting on everything while knocking pieces over. Obama inherited a failing economy, turned it around and trump shat all over it. not the move the country needed. fuck that traitor and you for defending him
You can place at least two of the biggest military conflagrations at the feet of that pigeon. Trump destabilized peace talks between Ukraine and Russia back in 2018, leading to border clashes and the eventual invasion in '21. And his decision to move the US embassy to Jerusalem kicked off a wave of Israeli/Palestinian violence that brought us to October 7th. That's just the tip of the iceberg.
That he bequeathed to Trump eight years later. FFS, black wealth dropped 30% under the Obama presidency, primarily thanks to the robo-signing of foreclosures under his administration. He sided with WellsFargo and Bank of America over tens of millions of middle class homeowners and functionally bankrolled their illegal home seizures via TARP.
Trump inherited a growing economy. learn about economic momentum my guy.
https://www.nbcnews.com/politics/meet-the-press/data-show-trump-didn-t-build-great-economy-he-inherited-n1237793
https://en.wikipedia.org/wiki/2015%E2%80%932016_stock_market_selloff
Okay? You're referencing a GLOBAL event and attributing it to single person. If we're going down that path, I find it a strange that the stock market went to shit the same month Trump announced he was running for president [0] - Two can play the correlation is causation game. And even though the market eventually returned to something we might consider normal, it "... was still below the annualized returns of Presidents Bill Clinton and Barack Obama" [1].
[0] https://www.theguardian.com/us-news/2019/jun/13/donald-trump-presidential-campaign-speech-eyewitness-memories
[1] https://markets.businessinsider.com/news/stocks/stock-market-performance-under-president-donald-trump-dow-jones-sp500-2021-1-1029987163?op=1
:-/
And this is supposed to be a good thing, right?
That's been an amazing thing for the US arms industry and for western energy firms and financials.