Suggesting that the current economy is solely influenced by Trump because "it's been four years" is exactly the staggering economic ignorance I was referring to earlier. Economic indicators trail and lead the market at their own pace and are NOT subject to presidential election cycles. The environment each president oversees is directly related to the tenure of the previous one and significant market changes are much less attributable to a four year term as compared to an eight year term. The overall economic picture is much more complex than the black and white terms you've painted them in but do in fact paint a more generally positive picture of Obama's economy and a more negative picture of Trump's.
https://www.bloomberg.com/opinion/a...-clinton-s-obama-s-reagan-s-and-even-carter-s
"Measured by 14 gauges of economic activity and financial performance, the U.S. economy is not doing as well under Trump as it did under all but one of the four Republicans and three Democrats who have occupied the White House since 1976."
"By these measures, we
reported two years ago, the economy under President Bill Clinton was No. 1. It still is, having strengthened the most during his years in office, 1993 to 2001. President Barack Obama, who took office in 2009 during the worst recession since the Great Depression, left in 2017 after the second-biggest improvement. President Ronald Reagan is No. 3 (1981-1989), followed by Presidents George H.W. Bush (1989-1993) and Jimmy Carter (1977-1981)."
"The Trump years have been no better than average and mostly below average in 12 of the 14 measures. The bond market suffered its worst performance the past two years than in any other presidency since Carter. Anemic productivity and a widening deficit as a percentage of GDP are the worst since George W. Bush was president. The dollar’s 3.2 percent annualized decline and GDP growth of 2.24 percent give Trump no better than a No. 5 ranking."
https://www.businessinsider.com/9-c...-economy-to-obama-bush-administrations-2019-9
"The Obama administration confronted the worst economic crisis since the Great Depression when it initially took office. It passed a massive stimulus package in February 2009 to jumpstart the economy - and it was successful. The Congressional Budget Office said in a report that GDP growth was higher from 2009-2012 in part due to the legislation."
"As a result, Obama inherited an economy in free-fall. The unemployment rate peaked at 10.2% in October 2009 during the recession and 8.7 million jobs were lost from early 2007 and 2010,
according to the Center for Budget and Policy Priorities. But it started falling steadily in 2011 and that trend continued for the rest of the Obama presidency.
President Trump took office as the economy continued its recovery - and as it underwent a decade-long expansion, the longest in American history. The current employment rate stood at 3.5%
as of December 2019 - the lowest in a half-century."
"Obama's stimulus packages also added a substantial amount of money to the debt, though it helped put the nation back on track economically.
According to Department of Treasury data and Congressional Budget Office projections, the national debt grew 84% under Obama's watch by the end of fiscal year of 2016 - slightly more than it had under Bush at 75%.
Trump vowed to erase the debt during his presidency, but
instead has only added to it with the GOP tax cuts and short-term spending bills."
Fiscal conservatism eh?
https://www.washingtonpost.com/business/2019/08/20/trump-v-obama-economy-charts/
"As for two of Trump’s favorite metrics — stocks and jobs — there is a case to be made that those looked better under Obama, although most economists expected job gains to slow now that the economic recovery is a decade old.
Presidents have only so much control over the economy, but how voters perceive economic conditions and their personal finances can play a key role in how they vote. Lately, Republicans and many wealthy voters rate this economy as
the best since the 1990s boom, while Democrats and many lower-income voters are less enthusiastic."
"
2. Unemployment rate. The nation’s unemployment rate is at a half-century low, a source of pride for Trump. But many economists have pointed out that the rate has been falling steadily since 2011, making it difficult to see much difference after Trump took office."
"Trump campaigned on bringing the trade deficit down, but it has grown during his tenure"
Suggesting America is the most successful it's ever been is farcical at best from a economic perspective, to say nothing of the unprecedented degree of political and moral corruption that has been revealed around the administration.
Articles and analysis such as these are readily and numerously available with only a modicum of research and it's one of the biggest reasons I can offer as to why you need to critically evaluate your information sources. The propaganda arms of the conservative machine will not paint you a complete picture because their goal isn't to do so, it's to make you continue to vote Conservative.
